Soy Desserts Strategic Market Report 2024: Rise in Plant-Based Diet Trends to Drive Growth

Global soy desserts market

Dublin, August 19, 2024 (GLOBE NEWSWIRE) — The report “Soy Desserts – Global Strategic Business Report” has been added to The Offer.

The global soy desserts market is valued at USD 72.3 billion in 2023 and is expected to reach USD 95.2 billion by 2030, growing at a CAGR of 4.0% between 2023 and 2030. This comprehensive report offers in-depth analysis of market trends, drivers, and forecasts to help you make informed business decisions.

Growth in the soy desserts market is driven by several factors, including advancements in food technology, increased consumer health awareness, and strategic expansions in retail distribution. Technological improvements in processing and flavor masking techniques have enabled manufacturers to produce soy desserts that closely mimic the creamy texture and rich flavor of their dairy products, thereby increasing their appeal to the mainstream consumer. As global health trends continue to promote high-protein and low-fat diets, soy desserts are increasingly recognized for their nutritional benefits, further driving consumer interest and market growth.

The increasing availability of these products in supermarkets, health food stores and online platforms has also contributed significantly to their accessibility and popularity. In addition, the rise of social media as a tool for sharing information and personal experiences has helped demystify and popularize soy products, leading new populations to incorporate them into their diets. Together, these dynamics are driving robust growth in the soy desserts market, meeting modern consumer demands for health, taste and sustainability.

Key findings:

• Market Growth: Understand the significant growth curve of the soy cakes and pastries segment which is expected to reach USD 59.6 billion by 2030 at a CAGR of 4.3%. The soy ice cream segment is also expected to grow at a CAGR of 4.7% during the analysis period.

• Regional Analysis: Gain insights into the US market, estimated to reach $19.7 billion in 2023, and China, which is forecast to grow at an impressive CAGR of 7.6% per year to reach $20.3 billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and Asia Pacific.

Reporting features:

• Comprehensive market data: Independent analysis of annual sales and market forecasts in millions of US dollars from 2023 to 2030.

• Detailed Regional Analysis: Detailed insights into key markets including the US, China, Japan, Canada, Europe, Asia Pacific, Latin America, Middle East and Africa.

• Company Profiles: Coverage of major players such as AFC Soy Foods, Inc., Archer Daniels Midland Company (ADM), Dairy Farmers of America, Inc. and more.

• Free Updates: Get free report updates for one year to stay informed of the latest market developments.

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Main features:

MARKET OVERVIEW

• Insights into the influencer market

• World market development

• Global economic update

• Soy desserts – Percentage market share of the main competitors worldwide in 2024 (E)

• Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)

MARKET TRENDS & DRIVERS

• The rise of plant-based diet trends is driving growth in the soy desserts market

• The health benefits of soy increase consumer acceptance

• Innovations in the taste and texture of soy desserts appeal to a broader consumer base

• Environmental concerns promote the use of soy products instead of dairy products

• Allergen-free information appeals to consumers with dietary restrictions

• The influence of vegan influencers and nutritionists on consumer preferences

• Consumer demand for organic and GMO-free products influences market trends

• Globalization of consumer taste promotes introduction of exotic soy dessert flavors

• Growing interest in sustainable agricultural practices among soy producers

• Nutritional trends with low-sugar and low-fat options influence product development

Focus on selected players(Total 86 presented)

• AFC Soy Foods, Inc.

• Archer Daniels Midland Company (ADM)

• Dairy Farmers of America, Inc.

• Non-profit organization Danone North America

• Danone SA

• Double Rainbow Ice Cream

• Eden Foods, Inc.

• Home Food America Corporation

• Kerry Group plc

• Kikkoman Corporation

• NOW Health Group, Inc. (Now Foods)

• Sanitarium Health Food Company

• Soyasun

• Tofutti Brands Inc.

• Vitalia health food

For more information about this report visit https://www.researchandmarkets.com/r/qfa2xi

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