The Global Dairy Alternatives Market Size was valued at USD 21.2 Bn in 2021. The market is projected to grow USD 56.2 Bn in 2028, at a CAGR of 15.2%. Dairy alternatives associated with health benefits have led to their widespread use in a variety of applications. Changing lifestyles, rising health awareness, and an increase in cases of lactose allergy are propelling the global dairy alternatives market. The current surge in demand for non-dairy products is due to the large consumption of plant-based milk alternatives. Vegan milk is a water-based beverage of dissolved and disintegrated plant extracts. The two most common processing techniques used to increase the suspension and stability of plant-derived products are homogenization and heat treatments. Over the projection period, rising milk allergies and lactose intolerance cases are expected to boost demand for dairy alternatives market. As a result, dairy alternatives are being used in a rising number of food and beverage products to appeal to the growing number of consumers who prefers plant-based and other dairy alternatives.
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A strong research methodology employed in the winning Dairy Alternatives Market business report consists of data models that include Market Overview and Guide, Vendor Positioning Grid, Market Time Line Analysis, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. Businesses can attain details about market drivers and market restraints which assist them to take presumption about reducing or increasing the production of particular product.
The report provides a comprehensive analysis of company profiles listed below:
Hain Celestial
SunOpta Inc
Danone
Oatly AB
Vitasoy International Holdings Limited
DAIYA FOODS INC.
J.M. HUBER (CP Kelco)
ADM
Blue Diamond Growers
Melt Organic
PANOS
Living Harvest Foods Inc.
Ripple Foods
Earth’s Own Food Company Inc.
Others
Type Analysis of World Wide Market:
Milk
Yogurt
Ice Cream
Cheese
Others
Segmentation of global Dairy Alternatives Market by Application:
Supermarkets/Hypermarkets
Convenience Stores
Online
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America (Brazil, Argentina and Colombia etc.)
• Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
This Dairy Alternatives market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.
Objectives of the Study
• To define, describe, segment, and forecast the global Dairy Alternatives Market by technology, size, resolution, application, and region.
• To forecast the size of the Dairy Alternatives market in North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa.
• To provide detailed information about the factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges).
• To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market.
• To analyze market opportunities for stakeholders and provide details of the competitive leadership mapping for key players.
• To profile key players in the market and comprehensively analyze their core competencies and market shares.
• To track and analyze competitive developments such as acquisitions, product launches, collaborations, partnerships, agreements and expansions in the market.
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This research report gives detailed data about the major factors influencing the growth of the Dairy Alternatives market at the global level forecast of the market size, in terms of value, market share by region and segment, regional market positions, segment and country opportunities for growth, Key company profiles, SWOT Analysis, product portfolio and growth strategies. In this report, the market’s essential sides such as top participants, expansion strategies, business models and other market features to improve market insight.
