Soy Milk Market Sees Potential for Global Growth by 2022-2032
The global soy milk market is anticipated to be worth US$ 5.97 Billion by 2022, growing at an 8.4% CAGR between 2022 and 2032. Soy milk sales are expected to account for a portion of the demand in the global plant-based milk market, which is expected to be worth US$ 14.36 Billion in 2032.
Soy milk is a great substitute for conventional dairy milk because it has an equal amount of protein and low calories. Obesity is driving up demand for low-calorie products. As a consequence, many consumers who are overweight or trying for weight loss prefer soy milk.
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