The global dairy alternatives market size is anticipated to register a significant CAGR of over 12% during the forecast period 2021 to 2027. The increasing incidence of lactose intolerance and rising cases of milk allergy are some major factors driving the market growth. The increasing health awareness among consumers and the changing eating pattern are further anticipated to boost the market growth. Moreover, the increasing demand for plant-based food products and increasing inclination toward a vegan diet is expected to fuel the market over the forecast period. In addition, the increasing demand for almond milk due to its health benefits is expected to increase the demand for dairy alternatives.
The report titled “Dairy Alternatives Market – Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast – 2021 – 2027″ offers a holistic view of the Dairy Alternatives industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Dairy Alternatives market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Dairy Alternatives Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
The Dairy Alternatives Market Segmentation:
By Source:
- Soy
- Almond
- Coconut
- Rice
- Oats
- Others
By Product:
- Milk
- Yogurt
- Ice Cream
- Cheese
- Creamer
- Others
By Distribution Channel:
- Supermarkets & Hypermarkets
- Convenience Stores
- Online Retail
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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List of Key companies:
- The Hain Celestial Group, Inc.
- Danone
- SunOpta Inc.
- Oatly
- Vitasoy Company
- Melt Organic
- DAIYA FOODS INC.
- Ripple Foods
- Living Harvest Foods Inc.
- The Whitewave Foods Company
Key Questions Answered by Dairy Alternatives Market Report
- Product popularity and adoption based on various country-level dynamics
- Regional presence and product development for leading market participants
- Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
- Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
- number of employees and market concentration, among others
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