Europe Soy Beverages Market Trends

Statistics for the 2023 & 2024 Europe Soy Beverages market trends, created by Mordor Intelligence™ Industry Reports. Europe Soy Beverages trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Team License

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Corporate License

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Market Trends of Europe Soy Beverages Industry

This section covers the major market trends shaping the Europe Soy Beverages Market according to our research experts:

Increasing Consumption of Lactose Free Products

The sales of lactose-free or plant milk products in Europe is increasing rapidly due to the large presence of self-diagnosed cases of lactose-intolerance among people in the region. Food intolerances are becoming a major concern for many consumers and this, in turn, is driving the growth of lactose-free food where the lactose has been removed from the products. Consumers are looking for lactose-free alternatives derived from plant sources, and with more number of dairy-free products multiplying on the shelves, consumers are able to meet their health and wellness goals. This, in turn, is leading to increased purchases of soy milk in many countries like the United Kingdom in the European region.

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Increased Imports of Soybeans in the Region

The European Union imports large quantities of soybeans every year as a source of protein to feed animals, including chicken, pigs, and cattle, as well as for milk production. The imports of soybeans from the United States by the European Union increased by 112% from 2017 to 2018. Europe has remained the top destination for United States soybeans exports, followed by Argentina and Mexico. Such imports have led to the availability of soy milk in the region with manufacturers using soybeans to manufacture soy milk, thereby catering to the market demand for soy beverages. 

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Europe Soy Beverage Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)