The U.S. Soyfoods Market Continues to Evolve and Grow, Says New Report
SCHAUMBURG, IL September 12, 2008 – SPINS and Soyatech are pleased to announce the release of the 2008 study, the seventh report produced by the partnership containing detailed information on the U.S. market by category, sub-category, brand and distribution channel.
The market for soyfoods in the U.S. has evolved into a true 21st century food phenomenon, sweeping across all distribution channels as mainstream American shoppers from coast to coast seek healthy food options for themselves and their families. After years of rapid growth, the U.S. soyfoods market, valued at over $4 billion in 2007, is now beginning to show signs of maturity. While growth in some of the larger categories seems to be coming to a halt, other emerging sub-categories are beginning to develop that are helping to keep the overall category in positive growth.
"The industry's growth curve looks like a classic example of a successful product's movement from an embryonic stage to rapid expansion and then to slower growth in maturity," says study author Peter Golbitz.
- What are the next opportunities in this healthy food category?
- How have the largest food companies moved in and impacted the marketplace?
- Will soyfoods continue their 25 year expansion or have we reached the top of hill for this industry sector?
If your company produces or markets soyfoods or soy protein ingredients, this is the single most important report for you to purchase this year.
To order the report, please contact Laiza Martinez at lmartinez@spins.com or (847) 908-1200 ext. 1254.
About Soyatech
Soyatech is a publishing, market research, and consulting firm founded in 1985, specialized in delivering value-added information to the soybean, food, and feed industries. The company publishes the annual Soya and Oilseed Bluebook, the industry's leading source of information on companies and products, an electronically distributed daily newsletter covering the soyfoods, agribusiness and industrial biotech and biofuels areas, and www.soyatech.com ,
the award winning business-to-business Internet site for the industry.
About SPINS
SPINS was founded in 1995 as the first company to offer Natural Products sales data to the industry. Today, it is the premier provider of industry reporting and consulting services for this rapidly expanding sector. SPINS’ comprehensive offering includes retail measurement services, content-based reporting, consumer information and consulting services. Learn more at www.spins.com .
Please direct any press-related requests to Jennifer Niedospial at 847.908.1224 or jniedospial@spins.com.
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