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Dairy Alternatives Market Size – Opportunity Reports 2022
Dairy Alternatives Market
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“The dairy alternatives market is projected to grow at a CAGR of 11.7%”
The global dairy alternatives market was valued at USD 7.37 billion in 2016and is projected to reach USD 14.36billion by 2022,growing at a CAGR of11.7%. This market is driven by the increasing health consciousness among consumers, growing lactose intolerance, and inclination toward a vegan diet. Price sensitivity of raw material in manufacturing dairy-free food products has been considered as the restraining factors for the market.
“In terms of type, coconut milk is projected to be the fastest-growing segment during the forecast period”
One of the major drivers for the growth of the coconut milk segment is attributed to its increased application areas—ranging from confectionery, snacks, and yogurt to frozen dessert. Commercially, newer varieties of coconut milk in the form of coconut milk powder are being introduced, which further supports its growth in the dairy alternatives market. Also, it is a good source of energy and provides nutrients such as minerals, vitamins, and electrolytes.
Dairy Alternatives Market, By Application
Introduction
Food
Cheese
Spreadable
Non-Spreadable
Creamer
Yogurt
Pudding
Ice Cream
Beverages
Milk
Sauces & Dressings
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Fundamentals of Table of Content:
9 Dairy Alternatives Market, By Nutritive Component
9.1 Introduction
9.2 Protein
9.3 Starch
9.4 Vitamins
9.5 Others
12 Company Profiles
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View)*
12.1 Introduction
12.2 The Whitewave Foods Company
12.3 The Hain Celestial Group, Inc
12.4 Blue Diamond Growers
12.5 Sunopta Inc.
12.6 Sanitarium Health and Wellbeing Company
12.7 Freedom Foods Group Limited
12.8 Eden Foods Inc.
12.9 Nutriops S.L
12.10 Earth’s Own Food Company Inc.
12.11 Triballat Noyal
12.12 Valsoia S.P.A.
12.13 Döhler GmbH
*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.
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