The
global
market for soy desserts is examined in a detailed market research
report by Transparency Market Research. The report, titled “Soy
Dessert Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2013 – 2019,” presents a comprehensive
analysis of key market elements, major trends, and growth drivers and
restraints, and provides projections for the market’s growth
prospects over the coming years.
Soy is known to be a highly nutritious food product and finds
acceptance in almost all cultures on a global front. In the past few
years, soy milk has seen huge popularity in the lactose-intolerant
population. Owing to the lower contents of fats, carbohydrates, and
cholesterol as compared to dairy milk, soy milk has also become a
popular choice among today’s health-conscious population.
Soy desserts, the products made from soy milk, have also gained huge
popularity lately owing to the nutritional benefits of soy milk. The
variety of soy desserts currently available in the market includes
soy pudding, soy ice cream, a variety of soy pies, soy cheesecakes,
and many other products that are entirely dairy-free.
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The soy food industry, especially the segment of soy desserts, has
experienced phenomenal growth in the past few years and the market is
expected to expand at a healthy growth rate over the report’s
forecast period as well. In developing regions in Asia, the
acceptance of soy desserts has been highly positive in the past few
years. Owing to the huge population base of the region, a large share
of which is accounted for by young people, the rising disposable
incomes, and rising awareness about healthy eating, Asia is expected
to surge ahead as an important market for soy desserts in the next
few years. Countries such as Spain, Canada, and Australia are other
big regional segments of the global soy desserts market.
Some of the other major factors driving the global soy desserts
market are the rising population of lactose-intolerant people on a
global front, especially among people of South European,
African-American, and Asian origins, and the introduction of several
masking and flavoring agents, which make soy products more palatable
and improve their appeal among lactose-tolerant people as well. The
low price of these products as compared to dairy-based products is
also a major factor leading to their rising acceptance.
However, soy desserts lack one of the major ingredients of cow milk –
calcium – which is why soy desserts are fortified with artificial
calcium. This factor may restrain the overall acceptance of these
products to a certain level on a global front.
The report also gives a detailed overview of the competitive
landscape of the global soy desserts market. Some of the key
companies operating in the market are So Delicious and Turtle
Mountain.
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