Europe Soy Desserts Market size was worth USD XX billion in 2020 and estimated to be growing at a CAGR of XX%, to reach USD XX billion by 2026. Soy dessert is produced from soy milk and has been gaining popularity due to its nutritional value. Soy desserts mostly consist of soy pies, soy cheesecakes, soy pudding, and soy ice creams which are completely dairy-free and are manufactured using soy milk.
In the past few years, the soy food industry, predominantly soy dessert, has experienced substantial growth and is anticipated to further grow expansively. Soy desserts are expected to gain approval worldwide and the market is expected to witness substantial growth.
The European Soy Desserts market is driven by the rising health consciousness, as an alternative to milk, meat, and other animal products, in the developing and developed regions of the world. However, recent studies on the harmful effects of soy and its derivatives are hindering the growth of the Europe Soy Desserts Market.
Europe Soy Desserts Market Segmentation Analysis:
The Europe Soy Desserts market is segmented on the basis of distribution channel and by region. On the basis of distribution channels, the market is distributed among hypermarkets and supermarkets, food and drink specialists, convenience stores and others.
The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. As of 2016, Europe holds the second position in the global market share analysis. The rapid growth in consumption is set to further boost the market growth in Europe.
Some of the Major Players Covered in the Market Report are:
The major players operating in the Europe Soy drinks industry include The Hershey Company, Whitewave Services Inc., Danone Group, Dean Foods Co., So Delicious, and Turtle Mountain.
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