Date: August, 2005
Abstract: Soy-based beverages and derived products have long been a part of Asian consumption habits but only in the last decades have western cultures started to add them to their shopping bags mainly in response to the publicizing of soy’s health benefits. Currently the global market is worth around USD 2 billion (Figure 1), of which Asia has the largest share (37%) and Japan has the most significant share, followed by Europe (36%) and the U.S. (23%).
Research Type: Industry Note