Soy Food Products Market Revenue and Value Chain 2014-2020

Soy Food Products Market Revenue and Value Chain 2014-2020


Soy has a number of health benefits such as increasing bone density. It can also reduce the risk of heart failure as it reduces the cholesterol level in the blood. Soy is a good source of vitamins like B6 and B12 are essential for increasing the hair growth as they nourish the hair follicles. It also provides minerals like zinc and iron. Soy contains certain chemicals called as isoflavones which reduce the risk of breast cancer in women. However, individuals with kidney stones containing oxalates should avoid consuming soy foods as they are a rich source of oxalates. Processed soy food have added sugar that increases calorie levels in the body and increases the chance of heart failure. Soy protein is used in various products like baked goods, pasta, cereals, and meat and meat products.

The total annual production of soybean production contributes to 55–58% of the total oilseed output which is about 210–230 million tonnes. The major producers in the soy market are India, US, Brazil, China and Argentina. The soy market contributes 70 to 80 million tonnes of the global trade. Major exporters of soybeans are US, Brazil and Argentina. China is a major importer of soybean.

A major driver of the soy market is the increased health awareness among individuals as soy has relatively less calories and various health benefits. Another important driver is increased lactose intolerance among the individuals which causes them to consume soy products instead of milk and milk products. The majority of lactose intolerant individuals are found in Asia, Europe, Africa, and US. Several flavours that are added to soy products increase their appeal and demand among the consumers. Another driver for soy is its price: the prices of soy products are considerably lower than that of milk products. This attracts more customers towards the products. One of the major restraints of the soy market is the absence of calcium. Soy products have artificial calcium added to them which is of...

Similar Essays