Dairy Replacer Market

Dairy replacer are the food ingredients which are used in food products in place of dairy products. Most of the dairy replacer are the plant-based ingredients which are produced from the plant source. The trend of veganism and health-related concerns such as lactose intolerance are the primary factor which has created the market for dairy replacer. The substitute for dairy products include-soy milk, almond milk, rice milk, cashew milk, corn milk, yeast and many more. Soy milk has been the most popular dairy replacer as its nutrition resemblance to cow?s milk. Calcium content in hemp milk is found more beneficial than dairy milk. Nutritional yeast is an alternative of cheese. Additionally, consumers have started the consumption of olive oil instead of dairy butter due to its high saturated fat content. Lots of dairy-free yogurts are made from soy milk or nuts milk.
Dairy Replacer Market contains market size and forecasts of Dairy Replacer in global, including the following market information:
Global Dairy Replacer Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Dairy Replacer Market Sales, 2017-2022, 2023-2028, (Tons)
Global top five Dairy Replacer companies in 2021 (%)
The global Dairy Replacer market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Organic Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Dairy Replacer include Cargill, Hain Celestial, Freedom Foods Group Limited, Lion (Kirin), Nurs-ette Distributors, Bonsoy Beverage Co, The Bridge S.R.L, Alpro and Pacific Foods of Oregon, Llc. and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Dairy Replacer manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Dairy Replacer Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Dairy Replacer Market Segment Percentages, by Type, 2021 (%)
Organic
Conventional
Global Dairy Replacer Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Dairy Replacer Market Segment Percentages, by Application, 2021 (%)
Bakery
Confectionery
Dairy & Desserts
Beverage Industry
Foodservice Industry
Retail/Household
Others
Global Dairy Replacer Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Dairy Replacer Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Dairy Replacer revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Dairy Replacer revenues share in global market, 2021 (%)
Key companies Dairy Replacer sales in global market, 2017-2022 (Estimated), (Tons)
Key companies Dairy Replacer sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cargill
Hain Celestial
Freedom Foods Group Limited
Lion (Kirin)
Nurs-ette Distributors
Bonsoy Beverage Co
The Bridge S.R.L
Alpro
Pacific Foods of Oregon, Llc.
American Soy Products