The global market for Soy Desserts was valued at US$75.5 Billion in 2024 and is projected to reach US$95.2 Billion by 2030, growing at a CAGR of 3.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The market for soy desserts has expanded significantly as consumer preferences shift towards healthier eating habits and ethical food choices. The rise of veganism and concerns about animal welfare have particularly propelled the popularity of plant-based diets, positioning soy as a sustainable and ethical alternative to animal products. Manufacturers have responded to this demand by diversifying their product offerings and continuously improving taste and texture to appeal to a broader audience. Innovation in this sector often focuses on enhancing the sensory experience of soy desserts to overcome preconceptions about plant-based foods' flavor and texture. This has included the introduction of premium and gourmet variants, which incorporate high-quality, natural ingredients such as organic soy milk and real fruit pieces. Marketing strategies frequently highlight the environmental benefits of choosing plant-based products, reinforcing consumer perceptions of soy desserts not only as healthy but also as a choice that positively impacts the planet.
The growth in the soy desserts market is driven by several factors, including advancements in food technology, an increase in consumer health consciousness, and strategic expansions in retail distribution. Technological improvements in processing and flavor masking techniques have enabled manufacturers to produce soy desserts that closely replicate the creamy texture and rich taste of their dairy counterparts, enhancing their appeal to mainstream consumers. As global health trends continue to promote protein-rich and low-fat diets, soy desserts are increasingly recognized for their nutritional benefits, further driving consumer interest and market growth. The expanding availability of these products in supermarkets, health food stores, and online platforms has also contributed significantly to their accessibility and popularity. Furthermore, the rise of social media as a tool for sharing information and personal experiences has helped demystify and popularize soy-based products, influencing new demographics to try and adopt them into their diets. Together, these dynamics ensure robust growth in the soy desserts market, meeting contemporary consumer demands for health, taste, and sustainability.
Global Soy Desserts Market - Key Trends and Drivers Summarized
Soy desserts have become a popular alternative to traditional dairy-based products, catering to the growing demand for plant-based and lactose-free food options. Derived from soybeans, these desserts typically include items like soy ice cream, soy yogurt, and soy-based puddings. Rich in proteins and low in cholesterol, soy desserts offer significant health benefits, such as being a good source of essential amino acids, vitamins, and minerals, while also being suitable for those with dietary restrictions like lactose intolerance or dairy allergies. Additionally, soybeans are a source of isoflavones, compounds that have been studied for their potential role in reducing the risk of heart disease and osteoporosis. The versatility of soy allows it to be processed and flavored in numerous ways, thus enabling a wide variety of tastes and textures that can mimic those of traditional dairy desserts, making it an appealing choice for both vegetarians and non-vegetarians alike.The market for soy desserts has expanded significantly as consumer preferences shift towards healthier eating habits and ethical food choices. The rise of veganism and concerns about animal welfare have particularly propelled the popularity of plant-based diets, positioning soy as a sustainable and ethical alternative to animal products. Manufacturers have responded to this demand by diversifying their product offerings and continuously improving taste and texture to appeal to a broader audience. Innovation in this sector often focuses on enhancing the sensory experience of soy desserts to overcome preconceptions about plant-based foods' flavor and texture. This has included the introduction of premium and gourmet variants, which incorporate high-quality, natural ingredients such as organic soy milk and real fruit pieces. Marketing strategies frequently highlight the environmental benefits of choosing plant-based products, reinforcing consumer perceptions of soy desserts not only as healthy but also as a choice that positively impacts the planet.
The growth in the soy desserts market is driven by several factors, including advancements in food technology, an increase in consumer health consciousness, and strategic expansions in retail distribution. Technological improvements in processing and flavor masking techniques have enabled manufacturers to produce soy desserts that closely replicate the creamy texture and rich taste of their dairy counterparts, enhancing their appeal to mainstream consumers. As global health trends continue to promote protein-rich and low-fat diets, soy desserts are increasingly recognized for their nutritional benefits, further driving consumer interest and market growth. The expanding availability of these products in supermarkets, health food stores, and online platforms has also contributed significantly to their accessibility and popularity. Furthermore, the rise of social media as a tool for sharing information and personal experiences has helped demystify and popularize soy-based products, influencing new demographics to try and adopt them into their diets. Together, these dynamics ensure robust growth in the soy desserts market, meeting contemporary consumer demands for health, taste, and sustainability.
Report Scope
The report analyzes the Soy Desserts market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments
Product (Soy Cakes & Pastries, Soy Ice Cream, Soy Puddings, Other Products); Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Online Distribution Channel, Other Distribution Channels).Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Soy Cakes & Pastries segment, which is expected to reach US$59.6 Billion by 2030 with a CAGR of a 4.3%. The Soy Ice Cream segment is also set to grow at 4.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $20.3 Billion in 2024, and China, forecasted to grow at an impressive 7.5% CAGR to reach $20.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as AFC Soy Foods, Inc., Archer Daniels Midland Company (ADM), Dairy Farmers of America, Inc., Danone North America Public Benefit Corporation, Danone S.A. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Soy Desserts Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Soy Desserts Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Soy Desserts Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 86 major companies featured in this Soy Desserts market report include:
- AFC Soy Foods, Inc.
- Archer Daniels Midland Company (ADM)
- Dairy Farmers of America, Inc.
- Danone North America Public Benefit Corporation
- Danone S.A.
- Double Rainbow Ice Cream
- Eden Foods, Inc.
- House Foods America Corporation
- Kerry Group plc
- Kikkoman Corporation
- NOW Health Group, Inc. (Now Foods)
- Sanitarium Health Food Company
- Sojasun
- Tofutti Brands Inc.
- Vitalia Health Food
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AFC Soy Foods, Inc.
- Archer Daniels Midland Company (ADM)
- Dairy Farmers of America, Inc.
- Danone North America Public Benefit Corporation
- Danone S.A.
- Double Rainbow Ice Cream
- Eden Foods, Inc.
- House Foods America Corporation
- Kerry Group plc
- Kikkoman Corporation
- NOW Health Group, Inc. (Now Foods)
- Sanitarium Health Food Company
- Sojasun
- Tofutti Brands Inc.
- Vitalia Health Food
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | February 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 75.5 Billion |
| Forecasted Market Value ( USD | $ 95.2 Billion |
| Compound Annual Growth Rate | 3.9% |
| Regions Covered | Global |
