Dairy & Soy Food Market to See Marginal Growth through 2020, Says Canadean in New Report Recently Uploaded at MarketPublishers.com08 Jul 2016 • by Natalie Aster
LONDON – The value of the world’s dairy and soy food market stood at USD 617.9 bn. in the past year. This market is likely to register marginal growth up to 2020. The market growth will be spurred mainly by the developing countries of the APAC, East European and MEA regions. Meanwhile, Western Europe and North America will post moderate growth rates.
On a global scale, the US, China and India are the dominant country-wide markets for dairy and soy food. Through 2020, the highest growth rates are expected to be registered in China, Russia and India, for instance, the Russian dairy and soy food market value will grow at an 8.7% CAGR.
The world’s dairy and soy food market is characterised as highly fragmented: the top 5 brands together account for only a 6% share of the overall market. Political and economic volatility, widening supply-demand gap and escalating feed prices are the major challenges faced by players active in the dairy and soy food marketplace.
Western Europe is the top regional market for dairy and soy food with France and Germany being the largest country markets in the region. APAC holds the 2nd place and is predicted to see the most rapid growth through 2020.
The topical study “Global Dairy and Soy Food Report; Analysis of opportunities offered by high growth economies” prepared by Canadean offers reliable information on historical, current and projected performance of the dairy and soy food industry on various geographical scales. It features the market dynamics, characterises prevailing trends and outlines future growth prospects and lucrative growth sectors. A detailed overview of the dairy and soy food market segmentation, an examination of the key market growth influencing factors and insights into the competitive landscape are also provided in the report.
Other reports by Canadean are offered in this catalogue.