How Soy Demand is Changing in Packaged Foods

June 7, 2024

Research Reports on Soy-based Food Demand

By Jayson Lusk on Jul 06, 2023 03:35 pm

With the Center for Food Demand Analysis and Sustainability (CFDAS) at Purdue, we’ve been working on a project funded by the United Soybean Board and the Foundation for Food and Agricultural Research to explore the impacts of various investment alternatives on soy farmer profitability. To undertake the economic modeling, we need to understand consumer demand for a variety of soy-based foods, and the extent to which consumers are willing to substitute between soy-based foods and other products.

We’ve now released three short research reports on consumer demand for:

There is a lot of interesting material in each report. For example, here are a couple graphs showing trends in the milk and milk-alternative markets. The big story here is the rise of oat milk, which has cut into sales of other milk-alternatives.

Another interesting finding from the meat and meat-alternatives paper that is consistent with prior research is the low degree of substitutability between conventional meats and the new meat alternatives. In fact, the estimates suggest chicken is a weak complement with (rather than a substitute to) meat alternatives.

Active Ingredients in Foods for Aging and Beauty

Active Ingredients in Foods for Aging and Beauty

Journey Foods prioritizes ingredient tracking and tagging innovation. We track and tagging ingredients from sourcing to production for easier formulation. This careful process ensures Journey Foods' products deliver health and beauty benefits, driving functional food innovation and consumer satisfaction.
July 18, 2024
5 min read
The Renewed Tradition and Inclusion of Jerk in Packaged Food

The Renewed Tradition and Inclusion of Jerk in Packaged Food

Jerk cooking, rooted in Jamaican culture, features a distinctive blend of spices like allspice and Scotch bonnet peppers, traditionally used to preserve and flavor meats. Its popularity has led to a variety of packaged jerk products, making these bold flavors accessible globally. Journey Foods harnesses advanced technology to offer nutritious and sustainable jerk-flavored products, bridging cultural heritage with modern convenience.
Riana Lynn
July 18, 2024
5 min read