South America Soy Beverages Market Research Report forecast 2019-2026
Summary - A new market study, titled “South America Soy Beverages
Market - Size, Trends, Competitive Analysis, Market Share and Forecasts
(2019-2026)” has been featured on Wise Guy Reports.
The South America soy
beverages market was valued at USD xx million in 2018 and is forecasted to
reach USD xx million by 2025, with a CAGR of xx% during the forecasting period
2019-2026.
The South America soy
beverages market is driven by various factors such as increased purchasing
power, shift towards healthy drinks and growing millennials & generation z
demographic. A significant portion of the population in the South American
region can afford drinks which can pave the way for soy beverages which are
healthier than regular juices and other forms of edible liquids. Although, high
cost and limited production due to low investment are some of the factors
restraining the market. Also, limited knowledge regarding its benefits is
affecting the demand in the region.
Soybean is an excellent source of protein and hence consumed
heavily in South America. It also provides various nutrients such as fiber,
omega acids, and vitamins which are essential for well-being and growth of
humans. A soy-based drink is a healthy alternative to meat and hence can be an
excellent source of nutrition for the vegetarian population.
Increasing Expenditure on beverages:
Growing impetus towards healthy drinks, high family incomes,
and fast-paced lifestyle are driving the growth for soy beverages to demand in
South America. Growing middle-class population and urbanization are the key
factors powering healthy foods. Increasing investments and increasing demand
for healthy foods in workplaces are impacting the demand in developing
economies.
Limited supply and high cost:
Despite, health benefits a significant portion of the local
populace is reluctant to purchase processed soy products due to the high price
which is a substantial restraint for this product. High demand is observed in
upper middle class and HNI population although demand from the middle class is
still growing slowly.
High consumption of alcoholic beverages is also impacting
the demand due to low incomes of the middle class who can afford a limited
supply of food and beverages monthly. A significant portion of the population
prefers alcoholic drinks over healthy non-alcoholic beverages which are
restraining the demand in the South American region.
The South America soy beverages market is segmented based on
a type of products such as soy milk and yogurt smoothies. Based on distribution
channels, the market is segmented into Convenience Stores, Supermarkets/
Hypermarkets, Online Stores, Speciality Stores and Others. Geographically, the
market is segmented into Brazil, Argentina, Colombia, and others.
South America Soy beverages Market:
The soy beverages market in Brazil is one of the largest in
the region. Brazil represented a market value of approximately xx billion USD
in 2015 and expected to increase by xx billion USD by the end of 2020.
By product type, soy milk is the largest segment accounting
for xx% of the market by 2016.
South America Soy beverages Market
The report covers the factors impacting the market, Porter 5
Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and
company profiles.
The report profiles the following companies, which includes
Danone, Organic Valley, Kikkoman Pearl Soy Milk, The Hain Celestial Group, Eden
Foods, ZenSoy, Trader Joe’s, Jaffe Bros. Natural Foods and Devansoy.
Why purchase the report?
Visualize the composition of the soy beverages in the market
across each indication, in terms of type and applications, highlighting the key
commercial assets and players.
Identify commercial opportunities in soy beverages by
analyzing trends and co-development deals.
Excel data sheet with thousands of data points of the Soy
beverages market – level 4/5 segmentation
PDF report with the most relevant analysis cogently put
together after exhaustive qualitative interviews and in-depth market study
Product mapping in excel for the key Soy beverages products
of all major market players.
Target Audience
Raw Material Suppliers/ Buyers
Product Suppliers/ Buyers
Industry Investors/Investment Bankers
Education & Research Institutes
Research Professionals
Emerging Companies
Manufacturers
FOR MORE DETAILS: https://www.wiseguyreports.com/reports/5612803-south-america-soy-beverages-market-size-trends-competitive
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