North America Soy Milk Market Size, Share & Trends Analysis Report By Product (Conventional and Organic), By Flavor (Plain/Unflavored and Flavored), By Distribution Channel, By Type, By Country and Growth Forecast, 2024

Description

List of Tables

The North America Soy Milk Market would witness market growth of 12.9% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 286.63 kilo tonnes, showcasing a growth of 11.4% (2020-2023).

Conventional soy milk is produced using traditional agricultural practices where genetically modified (GMO) soybeans and synthetic fertilizers or pesticides are commonly used. It is mass-produced, making it the most affordable option for consumers, especially in developing and emerging markets. The lower production costs and widespread availability through large-scale manufacturing enable conventional soy milk to dominate the market. Thus, Canada market is expected to utilize 90.62 kilo tonnes of conventional soy milk by the year 2031.

The US market dominated the North America Soy Milk Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,410.9 Million by 2031. The Canada market is experiencing a CAGR of 14.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 14% during (2024 - 2031).

The market's expansion has also been influenced by the increasing incidence of lactose intolerance along with dairy allergies. The sugar in dairy milk, lactose, is challenging to digest for a substantial portion of the population, particularly in Asia, Africa, and South America. Soy milk is a nutritionally comparable and easily digestible alternative for these individuals.

Moreover, the rise in cases of dairy allergies, especially among children, has further boosted the demand for soy milk. As awareness of these conditions grows, so does the market for lactose-free and allergen-friendly products, with soy milk being at the forefront of this category.

In the United States, the demand for soy milk has been bolstered by a growing focus on health and wellness. The rise in lactose intolerance, affecting an estimated 36% of Americans, has significantly increased the adoption of soy milk as a dairy alternative. Additionally, the plant-based movement, popularized by campaigns such as Meatless Monday, has further integrated soy milk into everyday diets. Major cities like Los Angeles and New York have seen a surge in vegan cafes and restaurants offering soy milk as a standard option, reflecting the growing demand. Retail innovation, including single-serve soy milk cartons and shelf-stable varieties, has catered to urban and health-conscious consumers, further expanding its market share. The prevalence of soy milk has also been bolstered by the influence of social media and celebrity endorsements that promote plant-based lifestyles.

Based on Product, the market is segmented into Conventional and Organic. Based on Flavor, the market is segmented into Plain/Unflavored and Flavored. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores, Online, and Other Distribution Channel. Based on Type, the market is segmented into Sweetened and Unsweetened. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Eden Foods, Inc.
Vitasoy International Holdings Ltd.
SunOpta, Inc.
Campbell Soup Company (Pacific Foods of Oregon, Inc.)
Panos Brands, LLC
Sanitarium Health and Wellbeing Company
Danone S.A.
The Hershey Company
NOW Foods, Inc.
Foodchem International Corporation

North America Soy Milk Market Report Segmentation

By Product (Volume, Kilo Tonnes, USD Billion, 2020-2031)

Conventional
Organic

By Flavor (Volume, Kilo Tonnes, USD Billion, 2020-2031)

Plain/Unflavored
Flavored

By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2020-2031)

Supermarkets & Hypermarkets
Convenience Stores
Online
Other Distribution Channel

By Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)

Sweetened
Unsweetened

By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Soy Milk Market, by Product
- 1.4.2 North America Soy Milk Market, by Flavor
- 1.4.3 North America Soy Milk Market, by Distribution Channel
- 1.4.4 North America Soy Milk Market, by Type
- 1.4.5 North America Soy Milk Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. North America Soy Milk Market by Product

4.1 North America Conventional Market by Region
4.2 North America Organic Market by Region

Chapter 5. North America Soy Milk Market by Flavor

5.1 North America Plain/Unflavored Market by Country
5.2 North America Flavored Market by Country

Chapter 6. North America Soy Milk Market by Distribution Channel

6.1 North America Supermarkets & Hypermarkets Market by Country
6.2 North America Convenience Stores Market by Country
6.3 North America Online Market by Country
6.4 North America Other Distribution Channel Market by Country

Chapter 7. North America Soy Milk Market by Type

7.1 North America Sweetened Market by Country
7.2 North America Unsweetened Market by Country

Chapter 8. North America Soy Milk Market by Country

8.1 US Soy Milk Market
- 8.1.1 US Soy Milk Market by Product
- 8.1.2 US Soy Milk Market by Flavor
- 8.1.3 US Soy Milk Market by Distribution Channel
- 8.1.4 US Soy Milk Market by Type
8.2 Canada Soy Milk Market
- 8.2.1 Canada Soy Milk Market by Product
- 8.2.2 Canada Soy Milk Market by Flavor
- 8.2.3 Canada Soy Milk Market by Distribution Channel
- 8.2.4 Canada Soy Milk Market by Type
8.3 Mexico Soy Milk Market
- 8.3.1 Mexico Soy Milk Market by Product
- 8.3.2 Mexico Soy Milk Market by Flavor
- 8.3.3 Mexico Soy Milk Market by Distribution Channel
- 8.3.4 Mexico Soy Milk Market by Type
8.4 Rest of North America Soy Milk Market
- 8.4.1 Rest of North America Soy Milk Market by Product
- 8.4.2 Rest of North America Soy Milk Market by Flavor
- 8.4.3 Rest of North America Soy Milk Market by Distribution Channel
- 8.4.4 Rest of North America Soy Milk Market by Type

Chapter 9. Company Profiles

9.1 Eden Foods, Inc.
- 9.1.1 Company Overview
- 9.1.2 SWOT Analysis
9.2 Vitasoy International Holdings Ltd.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental Analysis
9.3 SunOpta, Inc.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 SWOT Analysis
9.4 Campbell Soup Company (Pacific Foods of Oregon, LLC)
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental Analysis
- 9.4.4 Research & Development Expenses
9.5 Panos Brands, LLC
- 9.5.1 Company Overview
- 9.5.2 SWOT Analysis
9.6 Sanitarium Health and Wellbeing Company
- 9.6.1 Company Overview
9.7 Danone S.A.
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 SWOT Analysis
9.8 The Hershey Company
- 9.8.1 Company overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 SWOT Analysis
9.9 NOW Foods, Inc.
- 9.9.1 Company Overview
- 9.9.2 SWOT Analysis
9.10. Foodchem International Corporation
- 9.10.1 Company Overview
- 9.10.2 SWOT Analysis

LIST OF TABLES

TABLE 1 North America Soy Milk Market, 2020 - 2023, USD Million
TABLE 2 North America Soy Milk Market, 2024 - 2031, USD Million
TABLE 3 North America Soy Milk Market, 2020 - 2023, Kilo Tonnes
TABLE 4 North America Soy Milk Market, 2024 - 2031, Kilo Tonnes
TABLE 5 North America Soy Milk Market by Product, 2020 - 2023, USD Million
TABLE 6 North America Soy Milk Market by Product, 2024 - 2031, USD Million
TABLE 7 North America Soy Milk Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 8 North America Soy Milk Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 9 North America Conventional Market by Region, 2020 - 2023, USD Million
TABLE 10 North America Conventional Market by Region, 2024 - 2031, USD Million
TABLE 11 North America Conventional Market by Region, 2020 - 2023, Kilo Tonnes
TABLE 12 North America Conventional Market by Region, 2024 - 2031, Kilo Tonnes
TABLE 13 North America Organic Market by Region, 2020 - 2023, USD Million
TABLE 14 North America Organic Market by Region, 2024 - 2031, USD Million
TABLE 15 North America Organic Market by Region, 2020 - 2023, Kilo Tonnes
TABLE 16 North America Organic Market by Region, 2024 - 2031, Kilo Tonnes
TABLE 17 North America Soy Milk Market by Flavor, 2020 - 2023, USD Million
TABLE 18 North America Soy Milk Market by Flavor, 2024 - 2031, USD Million
TABLE 19 North America Soy Milk Market by Flavor, 2020 - 2023, Kilo Tonnes
TABLE 20 North America Soy Milk Market by Flavor, 2024 - 2031, Kilo Tonnes
TABLE 21 North America Plain/Unflavored Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Plain/Unflavored Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Plain/Unflavored Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 24 North America Plain/Unflavored Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 25 North America Flavored Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Flavored Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Flavored Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 28 North America Flavored Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 29 North America Soy Milk Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 30 North America Soy Milk Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 31 North America Soy Milk Market by Distribution Channel, 2020 - 2023, Kilo Tonnes
TABLE 32 North America Soy Milk Market by Distribution Channel, 2024 - 2031, Kilo Tonnes
TABLE 33 North America Supermarkets & Hypermarkets Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Supermarkets & Hypermarkets Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Supermarkets & Hypermarkets Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 36 North America Supermarkets & Hypermarkets Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 37 North America Convenience Stores Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Convenience Stores Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Convenience Stores Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 40 North America Convenience Stores Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 41 North America Online Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Online Market by Country, 2024 - 2031, USD Million
TABLE 43 North America Online Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 44 North America Online Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 45 North America Other Distribution Channel Market by Country, 2020 - 2023, USD Million
TABLE 46 North America Other Distribution Channel Market by Country, 2024 - 2031, USD Million
TABLE 47 North America Other Distribution Channel Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 48 North America Other Distribution Channel Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 49 North America Soy Milk Market by Type, 2020 - 2023, USD Million
TABLE 50 North America Soy Milk Market by Type, 2024 - 2031, USD Million
TABLE 51 North America Soy Milk Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 52 North America Soy Milk Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 53 North America Sweetened Market by Country, 2020 - 2023, USD Million
TABLE 54 North America Sweetened Market by Country, 2024 - 2031, USD Million
TABLE 55 North America Sweetened Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 56 North America Sweetened Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 57 North America Unsweetened Market by Country, 2020 - 2023, USD Million
TABLE 58 North America Unsweetened Market by Country, 2024 - 2031, USD Million
TABLE 59 North America Unsweetened Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 60 North America Unsweetened Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 61 North America Soy Milk Market by Country, 2020 - 2023, USD Million
TABLE 62 North America Soy Milk Market by Country, 2024 - 2031, USD Million
TABLE 63 North America Soy Milk Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 64 North America Soy Milk Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 65 US Soy Milk Market, 2020 - 2023, USD Million
TABLE 66 US Soy Milk Market, 2024 - 2031, USD Million
TABLE 67 US Soy Milk Market, 2020 - 2023, Kilo Tonnes
TABLE 68 US Soy Milk Market, 2024 - 2031, Kilo Tonnes
TABLE 69 US Soy Milk Market by Product, 2020 - 2023, USD Million
TABLE 70 US Soy Milk Market by Product, 2024 - 2031, USD Million
TABLE 71 US Soy Milk Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 72 US Soy Milk Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 73 US Soy Milk Market by Flavor, 2020 - 2023, USD Million
TABLE 74 US Soy Milk Market by Flavor, 2024 - 2031, USD Million
TABLE 75 US Soy Milk Market by Flavor, 2020 - 2023, Kilo Tonnes
TABLE 76 US Soy Milk Market by Flavor, 2024 - 2031, Kilo Tonnes
TABLE 77 US Soy Milk Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 78 US Soy Milk Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 79 US Soy Milk Market by Distribution Channel, 2020 - 2023, Kilo Tonnes
TABLE 80 US Soy Milk Market by Distribution Channel, 2024 - 2031, Kilo Tonnes
TABLE 81 US Soy Milk Market by Type, 2020 - 2023, USD Million
TABLE 82 US Soy Milk Market by Type, 2024 - 2031, USD Million
TABLE 83 US Soy Milk Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 84 US Soy Milk Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 85 Canada Soy Milk Market, 2020 - 2023, USD Million
TABLE 86 Canada Soy Milk Market, 2024 - 2031, USD Million
TABLE 87 Canada Soy Milk Market, 2020 - 2023, Kilo Tonnes
TABLE 88 Canada Soy Milk Market, 2024 - 2031, Kilo Tonnes
TABLE 89 Canada Soy Milk Market by Product, 2020 - 2023, USD Million
TABLE 90 Canada Soy Milk Market by Product, 2024 - 2031, USD Million
TABLE 91 Canada Soy Milk Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 92 Canada Soy Milk Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 93 Canada Soy Milk Market by Flavor, 2020 - 2023, USD Million
TABLE 94 Canada Soy Milk Market by Flavor, 2024 - 2031, USD Million
TABLE 95 Canada Soy Milk Market by Flavor, 2020 - 2023, Kilo Tonnes
TABLE 96 Canada Soy Milk Market by Flavor, 2024 - 2031, Kilo Tonnes
TABLE 97 Canada Soy Milk Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 98 Canada Soy Milk Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 99 Canada Soy Milk Market by Distribution Channel, 2020 - 2023, Kilo Tonnes
TABLE 100 Canada Soy Milk Market by Distribution Channel, 2024 - 2031, Kilo Tonnes
TABLE 101 Canada Soy Milk Market by Type, 2020 - 2023, USD Million
TABLE 102 Canada Soy Milk Market by Type, 2024 - 2031, USD Million
TABLE 103 Canada Soy Milk Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 104 Canada Soy Milk Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 105 Mexico Soy Milk Market, 2020 - 2023, USD Million
TABLE 106 Mexico Soy Milk Market, 2024 - 2031, USD Million
TABLE 107 Mexico Soy Milk Market, 2020 - 2023, Kilo Tonnes
TABLE 108 Mexico Soy Milk Market, 2024 - 2031, Kilo Tonnes
TABLE 109 Mexico Soy Milk Market by Product, 2020 - 2023, USD Million
TABLE 110 Mexico Soy Milk Market by Product, 2024 - 2031, USD Million
TABLE 111 Mexico Soy Milk Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 112 Mexico Soy Milk Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 113 Mexico Soy Milk Market by Flavor, 2020 - 2023, USD Million
TABLE 114 Mexico Soy Milk Market by Flavor, 2024 - 2031, USD Million
TABLE 115 Mexico Soy Milk Market by Flavor, 2020 - 2023, Kilo Tonnes
TABLE 116 Mexico Soy Milk Market by Flavor, 2024 - 2031, Kilo Tonnes
TABLE 117 Mexico Soy Milk Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 118 Mexico Soy Milk Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 119 Mexico Soy Milk Market by Distribution Channel, 2020 - 2023, Kilo Tonnes
TABLE 120 Mexico Soy Milk Market by Distribution Channel, 2024 - 2031, Kilo Tonnes
TABLE 121 Mexico Soy Milk Market by Type, 2020 - 2023, USD Million
TABLE 122 Mexico Soy Milk Market by Type, 2024 - 2031, USD Million
TABLE 123 Mexico Soy Milk Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 124 Mexico Soy Milk Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 125 Rest of North America Soy Milk Market, 2020 - 2023, USD Million
TABLE 126 Rest of North America Soy Milk Market, 2024 - 2031, USD Million
TABLE 127 Rest of North America Soy Milk Market, 2020 - 2023, Kilo Tonnes
TABLE 128 Rest of North America Soy Milk Market, 2024 - 2031, Kilo Tonnes
TABLE 129 Rest of North America Soy Milk Market by Product, 2020 - 2023, USD Million
TABLE 130 Rest of North America Soy Milk Market by Product, 2024 - 2031, USD Million
TABLE 131 Rest of North America Soy Milk Market by Product, 2020 - 2023, Kilo Tonnes
TABLE 132 Rest of North America Soy Milk Market by Product, 2024 - 2031, Kilo Tonnes
TABLE 133 Rest of North America Soy Milk Market by Flavor, 2020 - 2023, USD Million
TABLE 134 Rest of North America Soy Milk Market by Flavor, 2024 - 2031, USD Million
TABLE 135 Rest of North America Soy Milk Market by Flavor, 2020 - 2023, Kilo Tonnes
TABLE 136 Rest of North America Soy Milk Market by Flavor, 2024 - 2031, Kilo Tonnes
TABLE 137 Rest of North America Soy Milk Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 138 Rest of North America Soy Milk Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 139 Rest of North America Soy Milk Market by Distribution Channel, 2020 - 2023, Kilo Tonnes
TABLE 140 Rest of North America Soy Milk Market by Distribution Channel, 2024 - 2031, Kilo Tonnes
TABLE 141 Rest of North America Soy Milk Market by Type, 2020 - 2023, USD Million
TABLE 142 Rest of North America Soy Milk Market by Type, 2024 - 2031, USD Million
TABLE 143 Rest of North America Soy Milk Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 144 Rest of North America Soy Milk Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 145 key information - Eden Foods, Inc.
TABLE 146 Key Information - Vitasoy International Holdings Ltd.
TABLE 147 Key Information - SunOpta, Inc.
TABLE 148 Key Information - Campbell Soup Company
TABLE 149 Key Information - panos brands, llc
TABLE 150 key information - Sanitarium Health and Wellbeing Company
TABLE 151 Key information - Danone S.A.
TABLE 152 Key Information -The Hershey Company
TABLE 153 Key Information - NOW Foods, Inc.
TABLE 154 Key Information - Foodchem International Corporation

North America Soy Milk Market Size, Share & Trends Analysis Report By Product (Conventional and Organic), By Flavor (Plain/Unflavored and Flavored), By Distribution Channel, By Type, By Country and Growth Forecast, 2024 - 2031