structural:summarization
Commerce

With soybean production increasing worldwide during the early 21st century, and consumer interest in plant milks growing from demand in Asia, Europe, and the United States, soy milk became the second-most consumed plant milk (after almond milk) by 2019. Soy milk sales declined in the United States during 2018–19, mainly due to the rising popularity of almond milk and loss of market share to the successful introduction of oat milk.

According to market research in 2019, the worldwide market for soy milk was growing at an annual rate of 6%, and was forecast to reach $11 billion in total commerce by 2025. Growth in consumption was due mainly to expanding the flavors of sweetened soy milks and uses in desserts, whereas unsweetened soy milk was being used particularly in Asia-Pacific countries as an ingredient in snacks and various prepared foods.