The global dairy and soy food market will rise from $617.9 billion in 2015 to US$773.4 billion by 2020, representing a CAGR of 4.6 percent, according to market analyst Canadean.

This growth is being driven primarily by emerging and developing markets in Asia-Pacific (APAC), Middle East and Africa (MEA) and East European regions, in contrast to West Europe and North America, whose economic fragility has resulted in risks of weaker market growth, researchers say.