Soybean Food and Beverage Market: A Growing Industry with a $68.3 Billion Future
The global soybean food and beverage products market is experiencing significant growth. Valued at USD 51.4 billion in 2022, it is projected to reach USD 68.3 billion by 2027, recording a compound annual growth rate (CAGR) of 5.8%.
This expansion is driven by shifting consumer preferences, increasing demand for plant-based proteins, and heightened awareness of health and environmental concerns.