Soya Milk Market to Reach $15.9 Billion by 2035

Soya milk market size was valued at $8.7 billion in 2025 and is projected to reach $15.9 billion by 2035, growing at a CAGR of 6.3% from 2026 to 2035. The market growth is primarily driven by rising demand for plant-based nutrition, increasing lactose intolerance cases, and growing consumer preference for sustainable food alternatives. A key macro driver supporting this growth is the global shift toward plant-based diets and sustainable food systems. According to the Food and Agriculture Organization (FAO), plant-based food consumption is rising steadily, supported by environmental concerns and resource efficiency. Additionally, data from the World Health Organization (WHO) indicates that approximately 65% of the global population has some degree of lactose intolerance, directly boosting demand for dairy alternatives such as soy milk. This strong consumer shift toward non-dairy beverages is significantly influencing the growth trajectory of the soy milk market.

Browse the full report description of “Soya Milk Market Size, Share & Trends Analysis Report, By Product Type (Plain / Original, Flavored, Unsweetened, Sweetened), By Distribution Channel (Supermarkets / Hypermarkets, Convenience Stores, Online Retail, Foodservice Channels), Forecast Period (2026-2035)” at https://www.omrglobal.com/industry-reports/soy-milk-market

From an application perspective, direct consumption dominates the market, accounting for the largest share due to its widespread use as a daily beverage alternative. According to the OECD, global consumption of plant-based beverages has seen consistent growth, particularly in Asia-Pacific and North America. This trend is closely aligned with rising health awareness and urbanization, which is accelerating the adoption of ready-to-drink soy milk products. Among product types, the unsweetened soy milk segment is witnessing the fastest growth, driven by increasing health consciousness and demand for low-sugar beverages. Consumers are actively shifting toward clean-label and low-calorie options, which is encouraging manufacturers to expand their unsweetened product portfolios.

Recent Developments

• In December 2025, Ontario is strengthening its agri-food manufacturing sector with a nearly $24 million investment by Alinova Canada Inc. to establish Canada’s first non-GMO soymilk powder processing plant in Morrisburg.

• In April 2025, Nestlé introduced Bear Brand Milk N’ Soy, a beverage combining dairy milk with soy protein. the development focuses on improving nutritional value and affordability through hybrid formulations. It is applied in the soy milk market to provide accessible plant-based nutrition options, especially for children and emerging markets.

Market Coverage

• The market number available for – 2025-2035
• Base year- 2025
• Forecast period- 2026-2035
• Segment Covered-
  o By Product Type
  o By Application
  o By Distribution Channel

Competitive Landscape - Danone S.A., Vitasoy International Holdings Ltd., Hain Celestial Group, Campbell Soup Company, Kikkoman Corporation, among others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Soya Milk Market Report Segment

By Product Type

• Plain / Original
• Flavored
• Unsweetened
• Sweetened

By Distribution Channel

• Supermarkets / Hypermarkets
• Convenience Stores
• Online Retail
• Foodservice Channels

Global Soya Milk Market Report Segment by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Russia
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Australia and New Zealand
• ASEAN Economies
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa

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