Soy Food Market Trends - Global Industry Analysis by Size, Share and Forecast 2020 – 2027
Market Overview: Owing to growing consumer needs and their awareness about specialty food has grown in recent years. The growth has been driven by the increased acceptance of free-from food amongst the consumers. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report “Global Soy Food Market Trends Research Report- Forecast to 2023” that the market will demonstrate an exceptional CAGR % while achieving good growth rapidly in the forecast period. There has been growing demand of soy Food across the world owing to rising incidences of lactose intolerance. According to Lactose Intolerance Global Network (LIGN), majority of the worldwide adult population suffers from lactase deficiency, except for the population of Northern and Central Europe. Soy milk acts an alternative to milk and milk-based products and has become popularity among consumers who are lactose intolerant. With