US is the largest market in terms of value sales, while Canada is forecast to grow at the fastest CAGR in value terms during the period 2016-2021.
Albany, NY -- (SBWIRE) -- 09/25/2017 -- Around the world, soybeans are used in thousands of food products as a key ingredient and to provide a complete protein as well as a healthy fat and valuable phyto-nutrients. Also, dairy products which provide a package of essential nutrients to a person are widely used all over the world. In recent years, there is an increasing demand for high protein diet in North America, which has positively impacted the dairy and soy food sector. Recently, Market Research Hub (MRH) has published a new report to its wide repository, which is titled as "Opportunities in the North American Dairy & Soy Food Sector: Analysis of Opportunities Offered by Countries in the Region", which provides an in-depth, comprehensive analysis of the North American market along with major segments in dairy and soy food sector, various key factors, demand and future prospects until 2021. Additionally, the report also estimates market size with growth analysis in terms of value & volume, share, per capita consumption for each segment for the period from 2011 to 2021.
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Dairy products include milk and everything made from milk, which is important for supporting bone strength. Similarly, Soy foods can be extremely healthy because soybeans contain high levels of vitamins, minerals, carbohydrates, unsaturated fats and protein. As per the findings of the study, the North America Dairy & Soy Food sector is the third largest in the world in volume and value terms. Cheese is the largest market in this sector, followed by Milk and Cream. The soy milk segment accounted for the major market share owing to availability of soy milk varieties offered by dairy alternative manufacturers.
Initially, the report starts by defining the market overview of Dairy & Soy Food Sector in Canada, considering global and regional market which includes sector size, market size and growth analysis. Major countries focused in the report are the U.S., Mexico and Canada. Amongst the different countries in North America, the U.S. is the largest market in terms of value sales, while Canada is forecast to grow at the fastest CAGR in value terms during the period 2016-2021.
This 107-pages report brings together multiple data sources to provide a comprehensive overview of market considering major information on change in consumption, country wise analysis, health and wellness, brand analysis, key distribution channel and preferred packaging formats. The analysis of health and wellness provides insights on the health & wellness related products in terms of value and percentage share in the overall Dairy & Soy Food & Cereals sector during 2011-2021. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of Dairy & Soy Food in 2016. On the other hand, the report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging materials, container, closure and outer types based on the volume sales of Dairy & Soy Food.
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According to the research, increased snacking on dairy products, and the consumption of Yogurt for breakfast and desserts are the two prime factors driving the dairy and soy food sector in North America. Moreover, the research identifies leading brands in the North America Dairy & Soy Food sector, which are Land O` Lakes, Kraft, Lala, Alpura and Philadelphia.
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