Soy Dessert Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Cakes & Pastries, Ice Cream, Pudding, Others), By Distribution Channel (Hypermarkets/ Supermarkets, Convenience Stores, Online, Others), By Region, By Competition 2019-2029

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Summary

Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 57.3 Billion

CAGR (2024-2029)

4.7%

Fastest Growing Segment

Ice Cream

Largest Market

North America


Market Overview

Global Soy Dessert Market was valued at USD 57.3 Billion in 2023 and is anticipated to grow during the forecast period with a CAGR of 4.7% through 2029. Growing health consciousness and the growing prevalence of lactose intolerance are the main factors behind the industry's expansion. Additionally, the product's lower cholesterol, fat content, and carbohydrate content when compared to dairy milk is driving up demand for it among consumers who are health-conscious, which is good news for the market. Moreover, during the projected period, rising consumer awareness of the product's nutritional advantages is anticipated to propel the market. Because there are less calories in dairy products than in other foods, consumers can consume them guilt-free, which has increased demand for the product. Increasing disposable income, changing lifestyles, and inclination towards healthy sweet dishes are the prominent factors for market growth.

Additionally, soy is becoming more and more popular among heart patients because it includes phytosterols, which reduce the risk of heart failure by preventing the absorption of cholesterol. The total demand for the product is anticipated to rise during the forecast period in nations like the United States and the United Kingdom, where consumers consume a lot of confectionary products and are lactose intolerant. The populations of nations like China, Japan, and India account for about 35.0% of the world's total. Growing knowledge of the product's advantages and potential health risks can significantly increase demand for the product in these nations. Aside from a few nutritional details, the product is deficient in calcium, which is impeding the market's expansion. Manufacturers may use fake calcium to make up for the missing calcium, which causes the food to lose some of its other nutritional value. Because of the government's strict regulations on the nutritional content of products in nations like the United States, the aforementioned issues may impede market growth in these regions throughout the forecast period. Although, for sweets that are not consumed regularly, these factors can be further negated by the usage of calcium supplements. Also, manufacturers are adding calcium content while producing sweets, thereby driving the market in the forecast period.

Key Market Drivers

Health and Wellness Trends

One of the primary drivers propelling the soy dessert market is the global shift towards healthier lifestyles and dietary choices. Consumers are increasingly becoming conscious of their health, leading to a surge in demand for nutritious and plant-based alternatives. Soy desserts, being rich in plant-based proteins, essential amino acids, and low in saturated fats, align perfectly with these health and wellness trends.

Soy-based desserts offer a viable solution for individuals looking to reduce their intake of animal products, cholesterol, and lactose. Additionally, soy is known for its potential health benefits, including heart health, improved bone density, and hormonal balance. As more people prioritize wellness, the soy dessert market is likely to see continued growth.

Rise in Vegan and Plant-Based Diets

The growing adoption of vegan and plant-based diets is another major driver influencing the soy dessert market. As consumers become more environmentally and ethically conscious, there is a substantial shift towards diets that minimize the impact on animal welfare and the planet. Soy-based desserts, being entirely plant-derived, cater to this expanding consumer segment seeking delicious and cruelty-free alternatives.

The vegan movement is not only driven by ethical considerations but also by the increasing awareness of the environmental impact of traditional animal agriculture. Soy desserts contribute to sustainability by requiring fewer resources such as water and land compared to dairy-based desserts. The surge in demand for vegan options is expected to be a significant driver for the soy dessert market in the coming years.

Allergen-Free Appeal

An important driver for the soy dessert market is its allergen-free nature. Soy-based desserts are free from common allergens such as dairy, nuts, and gluten. This makes them a suitable option for individuals with various dietary restrictions and allergies, expanding the potential consumer base.

The prevalence of lactose intolerance and the increasing awareness of dairy allergies have led many consumers to seek alternatives to traditional dairy desserts. Soy desserts provide a creamy and satisfying experience without the allergenic concerns, contributing to their popularity among a diverse group of consumers.

Flavor Innovation and Culinary Creativity

The soy dessert market has seen a surge in flavor innovation and culinary creativity, attracting consumers with diverse taste preferences. Manufacturers are investing in developing a wide range of soy-based dessert products, including ice creams, puddings, yogurts, and more, each offering unique and exciting flavors.

Creative formulations and flavor combinations, such as matcha green tea soy ice cream or almond-vanilla soy pudding, not only cater to the growing demand for variety but also attract consumers looking for new and interesting culinary experiences. The constant evolution of flavor profiles contributes significantly to the overall appeal of soy desserts, driving market growth.

Convenience and On-the-Go Options

The busy and fast-paced lifestyles of modern consumers have led to an increased demand for convenient and on-the-go food options, including desserts. Soy desserts, available in various convenient formats such as single-serving cups, grab-and-go bottles, and individually wrapped items, meet the needs of consumers seeking quick and portable indulgences.

The convenience factor is particularly crucial for urban dwellers and those with hectic schedules, driving the popularity of soy desserts as a convenient yet healthy treat. As manufacturers continue to innovate packaging and product formats, the convenience-driven demand for soy desserts is expected to remain a major growth driver.

Growing Consumer Awareness

The increasing awareness of the benefits associated with soy-based products is a pivotal driver for the soy dessert market. Consumers are becoming more informed about the nutritional value of soy, its versatility in culinary applications, and its positive impact on the environment.

As educational initiatives, nutritional campaigns, and marketing efforts highlight the advantages of soy-based desserts, consumer perceptions are changing. This heightened awareness is likely to lead to a broader acceptance of soy desserts as a mainstream choice, driving sustained market growth.

Sustainability and Environmental Considerations:

The soy dessert market is driven by the growing emphasis on sustainability and environmental responsibility. As consumers become more environmentally conscious, there is an increasing demand for food products with a lower ecological footprint. Soy-based desserts, compared to traditional dairy desserts, are often considered more sustainable due to the lower resource requirements, reduced greenhouse gas emissions, and lower impact on biodiversity associated with soy production.

Soybeans are a nitrogen-fixing crop, which means they can help improve soil fertility and reduce the need for synthetic fertilizers. Additionally, the cultivation of soy generally requires less land and water compared to livestock farming for dairy production. As sustainability becomes a key factor in consumer decision-making, the eco-friendly profile of soy desserts is likely to drive market growth.


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Key Market Challenges

Taste and Texture Perception

One of the primary challenges faced by the soy dessert market is overcoming taste and texture perceptions. Consumers often associate soy-based products with distinct flavors and textures that differ from traditional dairy desserts. Achieving a taste and texture profile that can rival or surpass that of dairy desserts is essential for widespread acceptance among consumers.

Soy desserts may sometimes be criticized for a perceived "beany" taste or a texture that is not as creamy as their dairy counterparts. Addressing these sensory challenges requires ongoing research and development efforts to enhance the palatability of soy desserts, ensuring they meet consumer expectations for indulgence and satisfaction.

Allergen Cross-Contamination Concerns

While soy-based desserts are celebrated for being allergen-free in terms of dairy, nuts, and gluten, the risk of cross-contamination remains a challenge. Manufacturing facilities that process both soy and allergen-containing ingredients may pose a risk for individuals with allergies. Addressing allergen cross-contamination concerns requires stringent quality control measures, separate production lines, and clear labeling to provide consumers with accurate information about potential allergens.

Regulatory compliance and industry standards play a crucial role in ensuring the safety of soy desserts for consumers with allergies. Industry stakeholders must prioritize and invest in robust allergen management practices to maintain consumer trust and safety.

Competition with Dairy Alternatives

The soy dessert market faces intense competition from a growing array of plant-based alternatives, particularly those made from almond, coconut, oat, and other non-dairy ingredients. While soy desserts have their unique nutritional benefits, taste, and texture, the competition is fierce, and consumer preferences may shift based on factors such as marketing, trends, and regional influences.

Soy desserts must differentiate themselves effectively to stand out in a crowded market. Understanding the strengths and weaknesses of competitors and tailoring marketing strategies to highlight the specific advantages of soy-based options is essential for maintaining and expanding market share.

Negative Perception of Soy

The negative perception surrounding soy, fueled by misinformation and myths, poses a significant challenge for the soy dessert market. Some consumers express concerns about soy's alleged hormonal effects, genetically modified organisms (GMOs), or environmental impacts associated with soy cultivation.

Educational initiatives are necessary to dispel these misconceptions and provide accurate information about the nutritional benefits and sustainability of soy-based desserts. Industry stakeholders, including manufacturers and advocacy groups, play a crucial role in promoting positive narratives around soy, addressing consumer concerns, and building trust in the market.

Limited Product Awareness

Despite the growing popularity of plant-based diets, there is still limited awareness of soy desserts among certain consumer segments. Lack of familiarity with soy-based alternatives, coupled with a general resistance to trying new products, can hinder the adoption of soy desserts.

Marketing efforts need to focus on increasing product awareness, emphasizing the unique selling points of soy desserts, and educating consumers about the health benefits and versatility of soy. Collaborations with influencers, cooking shows, and promotional campaigns can contribute to building awareness and expanding the consumer base for soy desserts.

Key Market Trends

Rising Popularity of Plant-Based Diets

A significant and overarching trend in the food industry, including the soy dessert market, is the rising popularity of plant-based diets. Consumers are increasingly adopting plant-centric eating patterns for various reasons, such as ethical considerations, environmental sustainability, and perceived health benefits. As a result, the demand for plant-based desserts, including those made from soy, has seen a substantial upswing.

Plant-based diets are no longer confined to niche markets; they have become mainstream. This trend is driven by a growing awareness of the environmental impact of animal agriculture, coupled with a desire to make healthier and more sustainable food choices. Soy desserts, being entirely plant-derived, are well-positioned to capitalize on this trend, offering consumers a guilt-free indulgence that aligns with their dietary preferences.

Health and Wellness Focus

The health and wellness trend is a powerful driver shaping the soy dessert market. Consumers are increasingly conscious of the impact of their dietary choices on their well-being, and soy-based desserts are gaining popularity for their perceived health benefits. Soy is a rich source of plant-based proteins, essential amino acids, and other nutrients, making it an attractive option for those looking to enhance their diet with wholesome alternatives.

The health-conscious consumer seeks desserts that not only satisfy their sweet cravings but also contribute positively to their nutritional intake. Soy desserts, often low in saturated fats and cholesterol-free, cater to this demand. Manufacturers are responding by fortifying soy desserts with vitamins, minerals, and functional ingredients, further enhancing their nutritional profile and appealing to the growing market of health-focused consumers.

Flavor Innovation and Culinary Creativity

A prominent trend driving the soy dessert market is the continuous innovation in flavors and culinary creativity. As consumer palates become more sophisticated and adventurous, manufacturers are exploring a wide array of flavor combinations and unique formulations to differentiate their soy-based dessert offerings.

From exotic fruit infusions to globally inspired spices, soy desserts are undergoing a flavor renaissance. This trend not only caters to diverse taste preferences but also positions soy-based options as exciting and indulgent choices. Creative marketing strategies that highlight these innovative flavors contribute to attracting a broader consumer base and keeping soy desserts on the cutting edge of culinary trends.

Clean Label and Transparency

In response to the growing demand for clean and transparent food products, the soy dessert market is witnessing a trend toward clean label formulations. Consumers are increasingly scrutinizing ingredient lists and favoring products with minimal, recognizable, and natural ingredients. Soy desserts, with their plant-based origin, align well with the clean label trend.

Manufacturers are responding by removing artificial additives, preservatives, and excessive sweeteners from soy desserts, opting for clean and simple formulations. Transparent labeling practices, which provide detailed information about the sourcing and processing of soy ingredients, build trust among consumers seeking healthier and more transparent food options.

Increased Focus on Sustainability

Sustainability is a key trend shaping the soy dessert market, driven by heightened environmental awareness among consumers. Soy, as a crop, is known for its relatively lower environmental footprint compared to traditional dairy products. The cultivation of soy requires less land, water, and produces fewer greenhouse gas emissions, making it an attractive option for eco-conscious consumers.

Manufacturers are responding to this trend by emphasizing the sustainability aspects of soy-based desserts in their marketing and packaging. Certifications such as organic and non-GMO further contribute to positioning soy desserts as environmentally friendly choices. The commitment to sustainability not only appeals to consumers but also aligns with corporate responsibility goals, fostering a positive brand image.

Expansion of Dairy-Free and Allergen-Free Options

The increasing prevalence of lactose intolerance and dairy allergies has fueled the demand for dairy-free and allergen-free dessert options, providing a significant opportunity for soy desserts. Soy-based alternatives are naturally free from common allergens such as dairy, nuts, and gluten, making them a suitable choice for individuals with dietary restrictions.

This trend is driving the expansion of soy dessert product lines, with manufacturers introducing a diverse range of options, including soy-based ice creams, yogurts, and puddings. The availability of these allergen-free alternatives not only caters to specific consumer needs but also contributes to the inclusivity of the soy dessert market.

Segmental Insights

Type Insights

Based on product type, the soy dessert market is further segmented into cakes and pastries, ice-cream, and puddings. The cake segment dominated the market, accounting for largest market share of the overall revenue in 2023. The segment is expected to witness significant growth in the forecast period. The usage of cake is increasing to a very large extent in regions such as North America and Europe.

Ice cream is the fastest-growing segment and is expected to expand at the fastest CAGR in the forecast period. Regions such as the Asia Pacific and MEA have driven the demand for ice cream owing to a large consumer base. Shifting consumer preference for lactose-free products is the key reason for segment growth. Innovations in various flavors of the product by the manufacturers are driving the segment. Easy availability and pocket-friendly products are also some of the prominent factors for segment growth.


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Regional Insights

In 2023, North America dominated the market, accounting for largest market share of overall revenue. High levels of lactose intolerance and usage of products such as cakes, puddings, and ice creams are the prominent factors driving the regional market. The Asia Pacific is the second-largest market and is the fastest-growing region for the industry. It is expected to expand at a fastest CAGR in the forecast period. Origin of the product from China and a large consumer base of more than 34.0% of the global population are the prominent factors boosting the regional market growth in the forecast period.

Recent Developments

In 2022 – A brand named Lau recently launched limited-edition pastries in the Ode to Soy range include Black Sesame and Coconut Soy Milk Cake infused with organic soy milk.

In 2022- PAK FOOK, the Soya Master launched New Soya Milk Ice Cream Cup.

Key Market Players

  • The Hershey Company
  • Danone group
  • Archer Daniel Midland Company
  • Kerry
  • Now Foods
  • AFC soy foods
  • Turtle Mountain
  • Gluten Intolerance Group
  • Alpro
  • Hain Celestial

 By Type

By Distribution Channel

By Region
  • Cakes & Pastries
  • Ice Cream
  • Pudding
  • Others
  • Hypermarkets/ Supermarkets
  • Convenience Stores
  • Online
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Soy Dessert Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Soy Dessert Market, By Type:

o   Cakes & Pastries

o   Ice Cream

o   Pudding

o   Others

  • Soy Dessert Market, By Distribution Channel:

o   Hypermarkets/ Supermarkets

o   Convenience Stores

o   Online

o   Others

  • Soy Dessert Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Soy Dessert Market.

Available Customizations:

Soy Dessert market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

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Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer

4.1.  Brand Awareness

4.2.  Factors Influencing Purchase Decisions

4.3.  Challenges Faced

5.    Global Soy Dessert Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast  

5.2.1.    By Type Market Share Analysis (Cakes & Pastries, Ice Cream, Pudding, Others)

5.2.2.    By Distribution Channel Market Share Analysis (Hypermarkets/ Supermarkets, Convenience Stores, Online, Others)

5.2.3.    By Regional Market Share Analysis

5.2.3.1.        North America Market Share Analysis

5.2.3.2.        South America Market Share Analysis

5.2.3.3.        Middle East & Africa Market Share Analysis

5.2.3.4.        Europe Market Share Analysis

5.2.3.5.        Asia-Pacific Market Share Analysis

5.2.4.    By Top 5 Companies Market Share Analysis, Others (2023)

5.3.  Global Soy Dessert Market Mapping & Opportunity Assessment

5.3.1.    By Type Market Mapping & Opportunity Assessment

5.3.2.    By Distribution Channel Market Mapping & Opportunity Assessment

5.3.3.    By Region Channel Market Mapping & Opportunity Assessment

6.    North America Soy Dessert Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type Market Share Analysis

6.2.2.    By Distribution Channel Market Share Analysis

6.3.  North America: Country Analysis

6.3.1.    United States Soy Dessert Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Type Market Share Analysis

6.3.1.2.2.           By Distribution Channel Market Share Analysis

6.3.2.    Canada Soy Dessert Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Type Market Share Analysis

6.3.2.2.2.           By Distribution Channel Market Share Analysis

6.3.3.    Mexico Soy Dessert Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Type Market Share Analysis

6.3.3.2.2.           By Distribution Channel Market Share Analysis

7.    Europe Soy Dessert Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type Market Share Analysis

7.2.2.    By Distribution Channel Market Share Analysis

7.3.  Europe : Country Analysis

7.3.1.    Germany Soy Dessert Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type Market Share Analysis

7.3.1.2.2.           By Distribution Channel Market Share Analysis

7.3.2.    United Kingdom Soy Dessert Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type Market Share Analysis

7.3.2.2.2.           By Distribution Channel Market Share Analysis

7.3.3.    Italy Soy Dessert Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Type Market Share Analysis

7.3.3.2.2.           By Distribution Channel Market Share Analysis

7.3.4.    France Soy Dessert Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Type Market Share Analysis

7.3.4.2.2.           By Distribution Channel Market Share Analysis

7.3.5.    Spain Soy Dessert Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Type Market Share Analysis

7.3.5.2.2.           By Distribution Channel Market Share Analysis

8.    Asia-Pacific Soy Dessert Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type Market Share Analysis

8.2.2.    By Distribution Channel Market Share Analysis

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Soy Dessert Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type Market Share Analysis

8.3.1.2.2.           By Distribution Channel Market Share Analysis

8.3.2.    India Soy Dessert Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type Market Share Analysis

8.3.2.2.2.           By Distribution Channel Market Share Analysis

8.3.3.    Japan Soy Dessert Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type Market Share Analysis

8.3.3.2.2.           By Distribution Channel Market Share Analysis

8.3.4.    South Korea Soy Dessert Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Type Market Share Analysis

8.3.4.2.2.           By Distribution Channel Market Share Analysis

8.3.5.    Australia Soy Dessert Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Type Market Share Analysis

8.3.5.2.2.           By Distribution Channel Market Share Analysis

9.    South America Soy Dessert Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type Market Share Analysis

9.2.2.    By Distribution Channel Market Share Analysis

9.3.  South America: Country Analysis

9.3.1.    Brazil Soy Dessert Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type Market Share Analysis

9.3.1.2.2.           By Distribution Channel Market Share Analysis

9.3.2.    Argentina Soy Dessert Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type Market Share Analysis

9.3.2.2.2.           By Distribution Channel Market Share Analysis

9.3.3.    Colombia Soy Dessert Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Type Market Share Analysis

9.3.3.2.2.           By Distribution Channel Market Share Analysis

10. Middle East and Africa Soy Dessert Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Type Market Share Analysis

10.2.2. By Distribution Channel Market Share Analysis

10.3.             MEA: Country Analysis

10.3.1. South Africa Soy Dessert Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type Market Share Analysis

10.3.1.2.2.         By Distribution Channel Market Share Analysis

10.3.2. Saudi Arabia Soy Dessert Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type Market Share Analysis

10.3.2.2.2.         By Distribution Channel Market Share Analysis

10.3.3. UAE Soy Dessert Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type Market Share Analysis

10.3.3.2.2.         By Distribution Channel Market Share Analysis

10.3.4. Turkey Soy Dessert Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Type Market Share Analysis

10.3.4.2.2.         By Distribution Channel Market Share Analysis

10.3.5. Egypt Soy Dessert Market Outlook

10.3.5.1.     Market Size & Forecast

10.3.5.1.1.         By Value

10.3.5.2.     Market Share & Forecast

10.3.5.2.1.         By Type Market Share Analysis

10.3.5.2.2.         By Distribution Channel Market Share Analysis

11. Market Dynamics

11.1.            Drivers

11.2.            Challenges

12. Market Trends & Developments

13. SWOT Analysis

13.1.            Strength

13.2.            Weakness

13.3.            Opportunity

13.4.            Threat

14. Competitive Landscape

14.1.            Company Profiles

14.1.1. The Hershey Company

14.1.1.1.     Company Details

14.1.1.2.     Products & Services

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Key Market Focus & Geographical Presence

14.1.1.5.     Recent Developments

14.1.1.6.     Key Management Personnel

14.1.2. Danone group

14.1.2.1.     Company Details

14.1.2.2.     Products & Services

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Key Market Focus & Geographical Presence

14.1.2.5.     Recent Developments

14.1.2.6.     Key Management Personnel

14.1.3. Archer Daniel Midland Company

14.1.3.1.     Company Details

14.1.3.2.     Products & Services

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Key Market Focus & Geographical Presence

14.1.3.5.     Recent Developments

14.1.3.6.     Key Management Personnel

14.1.4. Kerry

14.1.4.1.     Company Details

14.1.4.2.     Products & Services

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Key Market Focus & Geographical Presence

14.1.4.5.     Recent Developments

14.1.4.6.     Key Management Personnel

14.1.5. Now Foods

14.1.5.1.     Company Details

14.1.5.2.     Products & Services

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Key Market Focus & Geographical Presence

14.1.5.5.     Recent Developments

14.1.5.6.     Key Management Personnel

14.1.6. AFC soy foods

14.1.6.1.     Company Details

14.1.6.2.     Products & Services

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Key Market Focus & Geographical Presence

14.1.6.5.     Recent Developments

14.1.6.6.     Key Management Personnel

14.1.7. Turtle Mountain

14.1.7.1.     Company Details

14.1.7.2.     Products & Services

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Key Market Focus & Geographical Presence

14.1.7.5.     Recent Developments

14.1.7.6.     Key Management Personnel

14.1.8. Gluten Intolerance Group

14.1.8.1.     Company Details

14.1.8.2.     Products & Services

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Key Market Focus & Geographical Presence

14.1.8.5.     Recent Developments

14.1.8.6.     Key Management Personnel

14.1.9. Alpro

14.1.9.1.     Company Details

14.1.9.2.     Products & Services

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Key Market Focus & Geographical Presence

14.1.9.5.     Recent Developments

14.1.9.6.     Key Management Personnel

14.1.10.              Hain Celestial

14.1.10.1.  Company Details

14.1.10.2.  Products & Services

14.1.10.3.  Financials (As Per Availability)

14.1.10.4.  Key Market Focus & Geographical Presence

14.1.10.5.  Recent Developments

14.1.10.6.  Key Management Personnel

15. Strategic Recommendations

15.1.            Key Focus Areas

15.2.            Target Type

15.3.            Target Region

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Soy Dessert Market was estimated to be USD 57.3 Billion in 2023.

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The cake segment dominated the market in 2023. The usage of cake is increasing to a very large extent in regions such as North America and Europe.

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North America dominated the market with a revenue share in 2023. High levels of lactose intolerance and usage of products such as cakes, puddings, and ice creams are the prominent factors driving the regional market.

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The market is driven by a number of factors, including the rising health consciousness, increasing adoption of plant-based diets, and growing lactose intolerance.

Related Reports

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Parvati Sharma

Account Manager BD
Press Release

Soy Dessert Market to Grow with a CAGR of 4.7% Globally through 2029

Jan, 2024

Rising health consciousness, increasing adoption of plant-based diets, and growing lactose intolerance are factors driving the global soy dessert market in the forecast period 2025-2029.

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