Dairy Alternatives Market

The global Dairy Alternatives market was valued at 1324.56 Million USD in 2021 and will grow with a CAGR of 11.02% from 2021 to 2027.

The prime objective of Dairy Alternatives Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Dairy Alternatives Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

The soy milk segment, on the basis of type, accounted for the largest market share in 2017. The dominance of this segment is mainly driven by the surplus soy milk varieties in terms of flavors, blends, fat content, and formulations offered by leading dairy alternative manufacturers. It is also coupled with the increasing awareness about the nutritional benefits of soy-based products, and easy availability of convenient & healthy dairy-free soy milk. The almond milk segment, on the basis of type, accounted for the second-largest share in 2017 owing to its health benefits as well as easy availability of raw materials. The food application of the dairy alternatives market holds the largest market share due to the usage of plant-based ingredients in applications such as cheese, creamer, yogurt, pudding, and ice cream.

By Market Verdors:

• The Whitewave Foods Company
• The Hain Celestial Group
• Blue Diamond Growers
• Sunopta Inc.
• Sanitarium Health and Wellbeing Company
• Freedom Foods Group Limited
• Eden Foods Inc.
• Nutriops S.L
• Earth`s Own Food Company Inc.
• Triballat Noyal
• Valsoia S.P.A.
• Dhler GmbH

By Types:

• Almond
• Soy
• Coconut
• Oat
• Rice
• Hemp

By Applications:

• Plain & sweetened
• Plain & unsweetened
• Flavored & sweetened
• Flavored & unsweetened

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
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