Zenith Strategic Review Report on Soy Beverages 2005

Table of Contents

Section 1 -- Setting the scene

• Introduction 1
• About this Zenith Strategic Review 2
• Definition
• Scope of research
• Acknowledgements 3

Section 2 -- History and botany of the soybean

• History 4
• Botany 5

Section 3 -- Basic composition, processing, applications and nutritional quality

• Basic composition 6
• Processing
• Applications of soy in beverages 7

Section 4 -- Soy and health

• Nutritional quality of soy 10
• Health aspects of soy and their possible role in curing disease 11
  • Soy protein and cardiovascular disease 12
  • Soy protein and bone health 13
  • Soy and cancer
  • Soy, diabetes and obesity 14
  • Soy and menopause
  • Soy and allergy 15
• Soy and safety aspects
• Concluding section on soy and health 16

Section 5 -- Market trends

• Global analysis 17
• International analysis - Europe
• International analysis - North America 19
• International analysis - Japan 20
• Soy beverages by country, 1999-2004 21

Section 6 -- Soy Issues

• The GMO issue 22
• European GMO legislation 23
• US and Japanese GMO legislation 24
• International GMO legislation 25
• Soy SWOT analysis

Section 7 -- Legislation -- General

• Health Claims 27
• Allergens 28

Section 8 -- company/product profile summaries soy ingredients

• West Europe
  • Acatris Belgium NV 29
  • Archer Daniels Midland (ADM Europe BV)
  • Cargill Health & Food Technologies 30
  • Dler Group
  • NutriPharma ASA
  • Sojaland Company, The 31
  • Solae Europe S.A.
  • Solbar Industries Ltd 32
  • Soya International Ltd
  • Symrise GmbH & Co. KG
• North America
  • Acatris Inc. 33
  • Archer Daniels Midland (ADM)
  • Cargill Health & Food Technologies
  • Devansoy Inc. 34
  • New Sun Nutrition
  • Nutriant
  • ProSoya Inc. 35
  • Protient Inc.
  • SunRich
  • The Solae Company
• Japan
  • Fujicco Co. Ltd 36

Section 9 -- Company/product profile summaries soy beverages

• West Europe
  • Adelholzener Alpenquellen GmbH 37
  • ALDI Einkauf GmbH & Co. oHG
  • Alinor S.p.A.
  • Alpro NV 38
  • Amecke Fruchtsaft GmbH & Co KG
  • beckers bester GmbH & Co KG
  • Boots Group plc 39
  • Bruno Fischer GmbH
  • Clesa S.A.
  • Danone S.A.
  • DE-VAU-GE Gesundkostwerk GmbH 40
  • Eckes-granini International
  • J. Garcia Carrion, S.A.
  • Gesti Fuente Liviana SL. 41
  • Glockengold Fruchtsaft GmbH
  • Haldane Foods Group
  • Juver Alimentaci, S.A.
  • Laiterie Triballat-Noyal 42
  • Lasco Europe Ltd
  • Leche Pascual S.A.
  • Lima Foods 43
  • Liquats Vegetals S.A.
  • Merziger Fruchtgetr舅ke GmbH
  • Natumi GmbH Produkte & Ideen 44
  • Nutrition et Soja
  • NYS, S.A.
  • Parmalat Portugal S.A. 45
  • Plamil Foods Ltd
  • Primefood S.A.
  • So Good International Ltd 46
  • Soya International Ltd
  • The Sojaland Company 47
  • TofuTown.com GmbH
  • Tree of Life Ltd
  • Valsoia SpA 48
• North America
  • American Soy Products, Inc. 49
  • Belsoy
  • Cadbury Schweppes/Snapple Beverage Corportation
  • Campbell Soup Company 50
  • 8th Continent L.L.C.
  • EAS, Inc.
  • Fresco Juice Company 51
  • Hain Celestial Group Inc, The
  • Imagine Foods
  • Jasper Products L.L.C. 52
  • Kashi Company
  • Leading Brands, Inc.
  • Liberty Richter 53
  • LifeForce Labs, L.C.C.
  • Lifeway Foods, Inc.
  • Loblaws Co. Ltd 54
  • Naked Juice Company
  • Natrel
  • Naturade Inc. 55
  • Nutrisoya Foods Inc.
  • Odwalla Inc. 56
  • Pacific Foods of Oregon Inc.
  • PBM Products Inc. 57
  • ProSoya Inc.
  • PMO-Wildwood Inc.
  • Sambazon Inc. 58
  • Soyaworld Inc.
  • Soylutions, Inc.
  • Vitasoy USA Inc. 59
  • WestSoy
  • White Wave Foods Inc. 60
  • WholeSoy & Co.
• Japan
  • Asahi Soft Drinks Co. Ltd 61
  • Calpis Co. Ltd
  • Coca-Cola (Japan) Company Limited
  • Fujicco Co. Ltd 62
  • ITO EN Group
  • Kibun Food Chemifa Co. Ltd 63
  • Kyowa Hakko Kogyo Co. Ltd
  • MARUSAN-AI Co., Ltd 64
  • SSP. Co. Ltd
  • Takara Shuzo Co. Ltd
  • Yakult Honsha Co., Ltd

Section 10 -- conclusion

• Concluding remarks 65

Section 11 -- Appendix

• Glossary 66
• Abbreviations 74
• Useful Links