Market Size of North America Soy Beverages Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 6.14 % |
Largest Market | North America |
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?
North America Soy Beverages Market Analysis
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.