Market Size of Japan Soy Beverages Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.50 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Japan Soy Beverages Market Analysis
Japan Soy Beverages Market is projected to grow at a CAGR of 4.5% during the forecast period (2020 - 2025).
- The increasing number of lactose-intolerant and health-conscious consumers have been the driving factors for the growth of the soy beverages. Since natural milk may trigger an allergic response in several people, people are shifting to soymilk.
- The mounting demand for low-fat and cholesterol-free milk by consumers is encouraging positive alterations in diet patterns. Soy offers a healthy and cruelty-free alternative source of protein.
- Rising consumer focus on the nutritional value offered by soy beverages, such as low calories and high protein and vitamins, is likely to have a positive impact on the industry.
