PUBLISHER: KBV Research | PRODUCT CODE: 1621250
PUBLISHER: KBV Research | PRODUCT CODE: 1621250
The Europe Soy Milk Market would witness market growth of 12.4% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 324.16 kilo tonnes, showcasing a growth of 9.9% (2020-2024).
Organic soy milk is made from soybeans grown without the use of synthetic fertilizers, pesticides, or genetically modified organisms (GMOs). This product undergoes stringent organic certification processes, ensuring it meets high-quality and safety standards. Organic soy milk appeals to health-conscious consumers and individuals following clean-label and eco-friendly diets. Thus, Germany market is expected to utilize 15.36 kilo tonnes of organic soy milk by the year 2031.
The Germany market dominated the Europe Soy Milk Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $773 Million by 2031. UK market is exhibiting a CAGR of 11.6% during (2024 - 2031). Additionally, The France market would experience a CAGR of 13.2% during (2024 - 2031).
Soy milk's benefits extend to reducing inflammation and managing hormonal balance. Isoflavones have anti-inflammatory properties, as shown in a meta-analysis published in the International Journal of Food Sciences and Nutrition, which associates soy with lower systemic inflammation markers. Additionally, the Menopause Journal highlights how soy isoflavones alleviate menopausal symptoms like hot flashes, making soy milk a preferred option for women seeking natural remedies.
Moreover, these findings from reputed journals solidify soy milk's reputation as a health-promoting beverage, encouraging its adoption among consumers looking for plant-based, functional dietary solutions. Soy milk has become the preferable choice for health-conscious individuals due to the increasing emphasis on preventive healthcare and wellness, which has resulted in its widespread adoption across a variety of demographic groups.
The consumption of soy milk by European consumers is on the rise as a more environmentally favorable and healthier alternative to dairy. This growth is fueled by the rise in lactose intolerance, veganism, and eco-consciousness, coupled with strong government support for plant-based innovation and sustainability initiatives. Prominent trends such as the demand for organic products, fortified options, and diverse flavor profiles are shaping the market.
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Soy Milk Market Report Segmentation
By Product (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Flavor (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)