Soy Milk Market Size, Share, Opportunities, And Trends by Type (Plain Soy Milk, Flavored Soy Milk), by Packaging (Cartons, Bottles, Pouches), by Distribution Channel (Online, Offline), by Application (Beverage, Bakery, Desserts), And By Geography – Forecast From 2025 To 2030
- Published : May 2025
- Report Code : KSI061612759
- Pages : 144
Soy Milk Market Size:
The Soy Milk Market is expected to grow from US$9.796 billion in 2025 to US$14.730 billion in 2030, at a CAGR of 8.50%.
Soy milk refers to the plant-based milk produced from soybeans, it has various nutritional benefits. Soy Milk is low in cholesterol and is also free from lactose, it is a great alternative to dairy-based products, especially for people who are lactose intolerant.
According to the National Library of Medicine (NLM), approximately 65 percent of the human population has a reduced ability to digest lactose after infancy. Lactose intolerance in adulthood is most prevalent in people of East Asian descent, affecting more than 90 percent of adults in some of these communities.
Unsweetened soy milk has a lower calorie content than compared to its plant-based counterpart soy milk as well as cow’s milk. The growing health consciousness along with rising demand for low-calorie drinks is anticipated to drive the market for soy milk. However, the availability of substitute products such as plant-based milk such as cashew and rice milk as well as cow milk is expected to hamper the Soy milk market growth. Product innovations by major players in the form of new flavors and varieties are expected to widen up the growth opportunities for the soy milk market during the forecast period.
Soy Milk Market Segmentation Analysis:
The soy milk market has been segmented on the basis of type, packaging, distribution channel, application, and geography. In the type segment, plain soy milk is expected to grow at a substantial rate owing to the preference for unsweetened milk due to health concerns. Geographically, the Asia Pacific is anticipated to hold a significant share in the market during the forecasted period on account of the rising disposable income in the growing economies of India and China along with the changing consumption habits.
Soy Milk Market Drivers:
- Rising prevalence of lactose intolerance.
- Growing health consciousness.
Soy Milk Market Restraints:
- Availability of substitutes.
The major players profiled in the soy milk market include Danone, Pacific Foods of Oregon LLC (CSC Brands L.P.), Sanitarium, Organic Valley, Panos Brands, SunOpta, PureHarvest, Eden Foods Inc., Provamel, and The Hershey Company.
Soy Milk Market Scope:
Report Metric | Details |
Soy Milk Market Size in 2025 | US$9.796 billion |
Soy Milk Market Size in 2030 | US$14.730 billion |
Growth Rate | CAGR of 8.50% |
Study Period | 2020 to 2030 |
Historical Data | 2020 to 2023 |
Base Year | 2024 |
Forecast Period | 2025 – 2030 |
Forecast Unit (Value) | USD Billion |
Segmentation |
|
Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
List of Major Companies in Soy Milk Market |
|
Customization Scope | Free report customization with purchase |
The soy milk market is analyzed into the following segments:
By Type
Plain Soy Milk
Flavored Soy Milk
By Packaging
Cartons
Bottles
Pouches
By Distribution Channel
Online
Offline
By Application
Beverage
Bakery
Desserts
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
South Korea
India
Others
Frequently Asked Questions (FAQs)
The soy milk market is expected to reach a total market size of US$14.730 billion by 2030.
Soy Milk Market is valued at US$9.796 billion in 2025.
The soy milk market is expected to grow at a CAGR of 8.50% during the forecast period.
The North American region is anticipated to hold a significant share of the soy milk market.
Prominent key market players in the soy milk market include Organic Valley, Panos Brands, SunOptaPureHarvest, Eden Foods Inc., Provamel, The Hershey Company, among others.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. SOY MILK MARKET BY TYPE
5.1. Plain Soy Milk
5.2. Flavored Soy Milk
6. SOY MILK MARKET BY PACKAGING
6.1. Cartons
6.2. Bottles
6.3. Pouches
7. SOY MILK MARKET BY DISTRIBUTION CHANNEL
7.1. Online
7.2. Offline
8. SOY MILK MARKET BY APPLICATION
8.1. Beverage
8.2. Dairy
8.3. Desserts
9. SOY MILK MARKET BY GEOGRAPHY
9.1. North America
9.1.1. USA
9.1.2. Canada
9.1.3. Mexico
9.2. South America
9.2.1. Brazil
9.2.2. Argentina
9.2.3. Others
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. United Kingdom
9.3.4. Spain
9.3.5. Others
9.4. Middle East and Africa
9.4.1. Saudi Arabia
9.4.2. Israel
9.4.3. Others
9.5. Asia Pacific
9.5.1. China
9.5.2. Japan
9.5.3. South Korea
9.5.4. India
9.5.5. Others
10. COMPETITIVE INTELLIGENCE
10.1. Competitive Benchmarking and Analysis
10.2. Recent Investmentss and Deals
10.3. Strategies of Key Players
11. COMPANY PROFILES
11.1. Danone
11.2. Pacific Foods of Oregon LLC (CSC Brands L.P.)
11.3. Sanitarium
11.4. Organic Valley
11.5. Panos Brands
11.6. SunOpta
11.7. PureHarvest
11.8. Eden Foods Inc.,
11.9. Provamel
11.10. The Hershey Company
LIST OF FIGURES
LIST OF TABLES
Danone
Pacific Foods of Oregon LLC (CSC Brands L.P.)
Sanitarium
Organic Valley
Panos Brands
SunOptaPureHarvest
Eden Foods Inc.
Provamel
The Hershey Company
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