China Soy Beverages Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The China Soy Beverages Market is segmented by Product Type (Soy Milk, Soy-based Drinkable Yogurt), By Flavor ( Flavored and Plain/Unflavored), and Distribution Channel (Supermarkets/Hypermarkets, Pharmacy, Online Stores, Convenience Stores, and Other Distribution Channels).

Market Snapshot

China Soy Beverages Market Summary
Study Period:

2016 - 2026

Base Year:

2019

CAGR:

5.6 %

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Market Overview

The Chinese soy beverages market is projected to record a CAGR of 5.6% during the forecast period (2020-2025).

  • Higher consumption of soy beverages can be attributed to its increased availability and the scientific facts that prove the many health benefits of soy, like lowering blood cholesterol and reduction of the risk of certain cancers.
  • Soy-based products is a thriving segment of the food and beverage industry as it is gradually becoming a significant part of the Chinese diet who wants to adopt plant-based foods.

Scope of the Report

The market is segmented by product type, flavor, and distribution channel. On the basis of product type, the market is segmented into soy milk, soy-based drinkable yogurt. On the basis of flavor, the market is segmented into flavored and plain/unflavored. On the basis of distribution channel, the market is segmented into supermarkets/hypermarkets, pharmacy, online stores, convenience stores, and other distribution channels.

By Product Type
Soy Milk
Soy-Based Drinkable Yogurt
By Flavor
Plain Soy Beverages
Flavored Soy Beverages
By Distribution Channel
Supermarkets/Hypermarkets
Pharmacies/Drug Stores
Online Retail Stores
Convenience Stores
Other Distribution Channels

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Key Market Trends

Increasing Demand for Plant-based Products

The growing awareness about the vegan lifestyle and animal product allergies is driving the demand of the plant-based product in the country. Considering that most plant proteins are used in the form of nutritional and dietary supplements, such high levels of obesity are bound to create favorable opportunities for the soy protein market in China.

China is one of the nations, which beliefs in traditional and alternative medicines and these are dependent on herbal and plant ingredients. Thus, the existing interest is well-suited to the entry of new and innovative plant-based products such that soya.

china-soy-beverages-market

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Health and Wellness Trend Driving the Market Growth

Soy beverage is gaining popularity among the individuals, especially athletes who are involved in physical fitness activity. Millineal population drives the market as they are showing a keen interest in sports, inclination toward fitness, more buying capacity and willing to purchase healthy products. The shift in consumer trend is also encouraging the soy beverage manufacturers to evolve new products which meet the consumer interest. The growing inclination of people toward physical fitness and the number of health clubs and fitness centers have come up in the recent past. The growth of these establishments is one of the propelling drivers for the soy beverage market during the forecast period.

china-soy-beverages-market

Competitive Landscape

Some of the major players, which are adopting several strategies to increase their market share. The introduction of new soy beverages provides a huge platform for the development of this growing market. Some of the major players in the market studied are Danone SA, Kikkoman Pearl Soy Milk, The Hain Celestial Group, Dali Foods, Vitasoy International Holdings Ltd, and others.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Force Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product Type

      1. 5.1.1 Soy Milk

      2. 5.1.2 Soy-Based Drinkable Yogurt

    2. 5.2 By Flavor

      1. 5.2.1 Plain Soy Beverages

      2. 5.2.2 Flavored Soy Beverages

    3. 5.3 By Distribution Channel

      1. 5.3.1 Supermarkets/Hypermarkets

      2. 5.3.2 Pharmacies/Drug Stores

      3. 5.3.3 Online Retail Stores

      4. 5.3.4 Convenience Stores

      5. 5.3.5 Other Distribution Channels

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Danone SA

      2. 6.4.2 Kikkoman Pearl Soy Milk

      3. 6.4.3 The Hain Celestial Group

      4. 6.4.4 Dali Foods

      5. 6.4.5 Vitasoy International Holdings Ltd

      6. 6.4.6 Organic Valley

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The China Soy Beverages Market market is studied from 2016 - 2026.

The China Soy Beverages Market is growing at a CAGR of 5.6% over the next 5 years.

  • Danone SA
  • Kikkoman Pearl Soy Milk
  • The Hain Celestial Group
  • Dali Foods

Are the major companies operating in China Soy Beverages Market.

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