Japan Soy Beverages Market

Japan Soy Beverages Market by Product Types (Soy Milk and Soy-based Drinkable Yogurt), Flavors (Plain Soy Beverages and Flavored Soy Beverages), Distribution Channels (Supermarkets/Hypermarkets, Convenience Stores, Online Retail Stores, and Others), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028.

  • Report ID: FB-3332
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 3
  • No. Of Pages: 199
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The Japan soy beverages market size is anticipated to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the growing demand for lactose-free food products.

Japan Soy Beverages Market

Soy beverage, such as soy protein, is a plant-based beverage made by washing and crushing soybean, then heating and straining the mixture. Soy milk is used as a dairy milk alternative by vegans and lactose-intolerant population as it has a similar flavor and consistency as compared to dairy milk and is a good source of low-fat and cholesterol-free milk. Soy-based goods, notably carbs, proteins, and omega-3 fatty acids, are considered nutritious and cholesterol-free. Vitamin A, vitamin D, vitamin B, and magnesium are abundant in soy. Soy milk is used in vegan and vegetarian food items and as a substitute for cow's milk in numerous recipes in japan

Market Trends, Drivers, Restraints, and Opportunities

  • The nutritional content of food is becoming increasingly important to consumers, which is expected to drive market growth.
  • Rising number of lactose intolerant and health conscious customer is propelling the market expansion.
  • The presence of alternative dairy-free beverages such as almond milk can create challenges for the market.
  • Soy crop genetic modification affects a large number of people can hamper market growth.
  • Expanding adoption of soy-beverages as dietary  supplement can create various opportunities for the Japan soy beverages market.

Scope of the Report

The report on the Japan soy beverages market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Japan Soy Beverages Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Product Types (Soy Milk and Soy-based Drinkable Yogurt), Flavors (Plain Soy Beverages and Flavored Soy Beverages), and Distribution Channels (Supermarkets/Hypermarkets, Convenience Stores, Online Retail Stores, and Others)

Country

Japan

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Lam Soon Group; Otsuka Pharmaceutical Co., Ltd.; Kikkoman Corporation; MARUSAN-AI Co., Ltd; and The Hain Celestial Group

Japan Soy Beverages Market Segment Insights

Soy milk segment is expected to grow at a rapid pace

Based on product types, the market is divided into soy milk and soy-based drinkable yogurt. The soy milk segment is expected to grow at a rapid pace during the forecast period due to adoption of animal milk alternative beverages. Moreover, soy milk is becoming increasingly preferable as it’s cholesterol-free and contains less saturated fat than cow's milk. Furthermore, the widespread availability of soy-milk in a variety of flavors, including chocolate and vanilla has boosted the soy-milk market in Japan in coming years.

Japan Soy Beverages Market

Flavored soy beverages segment is projected to expand at a considerable CAGR

On the basis of flavors, the market is segregated into plain soy beverages and flavored soy beverages. The flavored soy beverages segment is projected to expand at a considerable CAGR during the forecast period due to soy's cholesterol-free, omega-3-rich, and protein content. Moreover, the preference for flavored beverages among GenZ and millennials is estimated to spur the market growth.

Supermarkets/hypermarkets segment is anticipated to account for a significant market share

In terms of distribution channels, the market is segregated into supermarkets/hypermarkets, convenience stores, online retail stores, and others. The supermarkets/hypermarkets segment is estimated to account for a significant market share during the forecast period as supermarkets and hypermarkets provide consumers more competitive prices compared with traditional stores. Furthermore, these stores have adequate refrigeration capabilities to keep products fresh for longer period of time without losing their properties. Soymilk comes in a variety of flavors in addition to its original flavor, as well as numerous fortifications, and supermarkets and hypermarkets allow ample shelf space for the items to be displayed.

Japan Soy Beverages Market

Segments

Segments Covered in the Report

The japan soy beverages market has been segmented on the basis of

Product Types

  • Soy Milk
  • Soy-based Drinkable Yogurt

 Flavors

  • Plain Soy Beverages
  • Flavored Soy Beverages

Distribution Channels

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online Retail Stores
  • Others

Country

  • Japan

Key Players

  • Lam Soon Group
  • Otsuka Pharmaceutical Co., Ltd.
  • Kikkoman Corporation
  • MARUSAN-AI Co., Ltd
  • The Hain Celestial Group

Competitive Landscape

Key players competing in the japan soy beverages market are Lam Soon Group; Otsuka Pharmaceutical Co., Ltd.; Kikkoman Corporation; MARUSAN-AI Co., Ltd; and The Hain Celestial Group

Companies are engaging in partnerships with supermarkets and hypermarkets to expand their market share. Moreover, they’re focusing on improving their brand awareness in the country.

Japan Soy Beverages Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Soy Beverages Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Soy Beverages Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Soy Beverages Market - Supply Chain
  4.5. Global Soy Beverages Market Forecast
     4.5.1. Soy Beverages Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Soy Beverages Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Soy Beverages Market Absolute $ Opportunity
5. Global Soy Beverages Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Soy Beverages Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Soy Beverages Demand Share Forecast, 2019-2026
6. North America Soy Beverages Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Soy Beverages Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Soy Beverages Demand Share Forecast, 2019-2026
7. Latin America Soy Beverages Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Soy Beverages Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Soy Beverages Demand Share Forecast, 2019-2026
8. Europe Soy Beverages Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Soy Beverages Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Soy Beverages Demand Share Forecast, 2019-2026
9. Asia Pacific Soy Beverages Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Soy Beverages Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Soy Beverages Demand Share Forecast, 2019-2026
10. Middle East & Africa Soy Beverages Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Soy Beverages Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Soy Beverages Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Soy Beverages Market: Market Share Analysis
  11.2. Soy Beverages Distributors and Customers
  11.3. Soy Beverages Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Segments Covered in the Report

The japan soy beverages market has been segmented on the basis of

Product Types

  • Soy Milk
  • Soy-based Drinkable Yogurt

 Flavors

  • Plain Soy Beverages
  • Flavored Soy Beverages

Distribution Channels

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online Retail Stores
  • Others

Country

  • Japan

Key Players

  • Lam Soon Group
  • Otsuka Pharmaceutical Co., Ltd.
  • Kikkoman Corporation
  • MARUSAN-AI Co., Ltd
  • The Hain Celestial Group

Key players competing in the japan soy beverages market are Lam Soon Group; Otsuka Pharmaceutical Co., Ltd.; Kikkoman Corporation; MARUSAN-AI Co., Ltd; and The Hain Celestial Group

Companies are engaging in partnerships with supermarkets and hypermarkets to expand their market share. Moreover, they’re focusing on improving their brand awareness in the country.

Japan Soy Beverages Market

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