| The soy protein ingredients market is growing at a CAGR of 7.3 percent and will reach $10.12 billion by 2020, according to a report. Volume will grow at a CAGR of 6.2 percent from its current level of 1.40 kilotons. About 98 percent of soy meal is used in animal feed. The other two percent is used as a raw material for human food applications. Soy protein ingredients are customized for specific food applications, such as bakery, confectionery, beverage, dairy replacement, or meat alternative. Soy protein isolates are the fastest-growing soy market segment. Isolates contain the highest amount of protein and are considered a premium ingredient. Main features include easy dispersibility in milk beverages, bland taste, low fat content,... More "Soy Protein Ingredients Market Worth 1US$0.12B by 2020", Asia Food Journal, August 21, 2015
Market researcher Canadean reports that 82 percent of the 1.28 billion kg of hot drinks consumed in China in 2014 was tea. But despite the fact that coffee drinking accounts for a small amount (5.7 percent) of hot drink consumption, it is the fastest growing segment of the market. Canadean says the volume growth of coffee over the next four years will be 15.4 percent. Hot coffee will achieve a market share of 8.4 percent by 2019, at the expense of tea’s market share. In terms of value, the Chinese hot coffee market – worth $2.1 billion in 2014 – is expected to more than double to $4.5 billion by 2019.
"Tea still most consumed hot drink in China; but coffee making inroads", News release, Canadean report, August 17, 2015
| The Los Angeles Times, September 12, 2015 Asia Food Journal, September 04, 2015 Prepared Foods, August 27, 2015 Food Dive, August 20, 2015 The Grocer, August 18, 2015 The Packer, August 17, 2015 |