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

North America soy beverage market is segmented by Product Type (Soy Milk and Yogurt Smoothies), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retailers, Drug Store, and Others), and Geography.

Market Snapshot

market sum
Study Period: 2016 - 2026
Base Year: 2020
Largest Market: North America
CAGR: 6.14 %
Largest Market by Country: United States

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

North America soy beverage market is expected to record CAGR of 6.14% during the forecast period.

  • The popularity of soy beverages can be attributed to their increased availability and scientific facts that prove health benefits associated with soy; these include lowering of blood cholesterol and reduction of risk of cancers.
  • The growing demand for thirst-quenching products, health and hygiene concerns, multiple market distribution channels and social acceptance of soy are expected to help the market grow at a good pace.


Scope of the Report

North America soy beverage market is segmented by product type such as soy milk and yogurt smoothies. On the basis of distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, online retailers, drug store, and others. Also, the study provides an analysis of the soy beverages in the emerging and established markets across the region, including United States, Mexico, Canada, and rest of the North America.

By Product Type
Soy Milk
Soy-Based Drinkable Yogurt
By Flavor
Plain Soy Beverages
Flavored Soy Beverages
By Distribution Channel
Pharmacies/Drug Stores
Retail Stores
Convenience Stores
North America
United States
Rest of North America

Report scope can be customized per your requirements. Click here.

Key Market Trends

Growing Consumption of Processed Foods and Beverages

The demand for processed foods, such as ready-to-eat, ready-to-cook, canned foods and bottled beverages, among others, is very high in the North America, with the increasing adoption rate of advanced food processing technologies. The rapidly-changing consumer lifestyle is the primary factor driving the processed food market. The demand for convenience foods has grown among working women population. The rising emphasis on healthy snacks and beverages, increase in disposable incomes, ever-growing population and demand for better quality are some other major factors affecting the soy beverage market.

trend 1

To understand key trends, Download Sample Report

United States Holds the Major Share in Soy Beverage Market

North America is a fast-growing market, with the United States holds the largest market share in soy beverage market. The US has the highest projected growth rate, followed by Canada and Mexico. The popularity of soy beverages in North America can be attributed to their increased availability and scientific facts that prove health benefits associated with soy; these include lowering of blood cholesterol and reduction of risk of cancers. Soybean-based food, apart from being complete source of protein, also contains other important nutrients, such as fiber, B vitamins and Omega3 fatty acids.

trend 2

To understand geography trends, Download Sample Report

Competitive Landscape

Some of the major key players in soy beverage market, in North America are Danone Kikkoman Pearl Soy Milk, Hain Celestial, ZenSoy, Trader Joe's, and Vitasoy, among others. The players are coming up with various innovations in their product in order to capture the potential market of vegan concept.

Table of Contents


    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study



    1. 3.1 Market Overview


    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces 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


    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 Retail Stores

      4. 5.3.4 Convenience Stores

      5. 5.3.5 Others

    4. 5.4 Geography

      1. 5.4.1 North America

        1. United States

        2. Canada

        3. Mexico

        4. Rest of North America


    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

      2. 6.4.2 Organic Valley

      3. 6.4.3 Kikkoman Pearl Soy Milk

      4. 6.4.4 The Hain Celestial Group

      5. 6.4.5 Eden Foods

      6. 6.4.6 ZenSoy

      7. 6.4.7 Trader Joe's

      8. 6.4.8 Jaffe Bros. Natural Foods

      9. 6.4.9 Stremicks Heritage Foods

    5. *List Not Exhaustive

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

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

The North America Soy Beverages Market is growing at a CAGR of 6.14% over the next 5 years.

The North America Soy Beverages Market is valued at United States in 2026.

North America holds highest share in 2020.

Danone, Kikkoman Pearl Soy Milk, Hain Celestial, Hershey’s, Trader Joe's are the major companies operating in North America Soy Beverages Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!