Press release
Dairy Alternative Market Extensive Study By 2018 With Top Industry Players Like WhiteWave Foods, Danone, Fonterra, Cargill, Arla Foods, Blue Diamond Growers, Barry Callebaut Group, DöhlerGroup, Amy's Kitchen, The Hain Celestial Group, Sanitarium, TRIBALL
The dairy alternative market report is a professional in-depth study on the current state of the market. Analysis and discussion of important industry trends, market size, market share estimates are mentioned in the report. This market Report cover strategic profiling of key players in the market, comprehensively analyzing their core competencies and drawing a competitive landscape for the market. The readers will find this report very helpful in understanding the Dairy Alternative market in depth. The data and the information regarding the Dairy Alternative industry are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts.The dairy alternative market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. The global market accounted to USD 9.8 billion in 2017 growing at a CAGR of 12.4% during the forecast period of 2018 to 2025.
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Forecasting Analysis On Global Dairy Alternative Market By Formulation Market (Plain & Sweetened, Plain & Unsweetened, Flavored & Sweetened, Flavored & Unsweetened, Others), Type (Almond Milk, Soymilk, Oat Milk, Hemp Milk, Coconut Milk, Rice Milk, Others), Application (Food {Cheese, Creamer, Yogurt, Pudding, Ice Cream}, Beverages {Milk, Sauces & Dressings}), Nutritive Component (Protein, Starch, Vitamins, Others) and Geography.
Some of the major players operating in global dairy alternative market are The
· Whitewave Foods Company
· The Hain Celestial Group, Inc.
· Blue Diamond Growers
· Sunopta Inc.
· Sanitarium Health and Wellbeing Company
· Freedom Foods Group Limited
· Triballat Noyal
· Valsoia S.P.A.
· Eden Foods Inc.
· Nutriops S.L
· Earth’s Own Food Company Inc.
Others: Döhler GmbH, Arla Foods, Amul, Amy’s Kitchen, Barry Callebaut, Cargill, Chr. Hansen, Crowley Foods, and Doves Farm Food, and Fonterra among others. The global market accounted to USD 9.8 billion in 2017. Dairy alternative market report analyses all the segments and sub segments. Report is coated prime companies by all the regions. The market is increasing rapidly on account of fast prevalence of worldwide industry and growing the business. The global dairy alternative market is highly fragmented and is based on new product launches and clinical results of products.
The dairy alternative products are used for the diets which are made for people having a dairy allergy. These are a group of foods which consists of coffee whitener, imitation cream, cheese, and ice cream. They are similar in taste and texture to the genuine dairy products, nondairy products can differ markedly in composition from products they resemble. Some substitutes may contain milk components despite nondairy claims.
The Dairy Alternative report contains market information for historic years 2015 & 2016, the bottom year of calculation is 2017 and also the forecast is 2018 to 2025. Glowing growth seen in this business by 2025 and the global market is anticipated to grow at a CAGR 12.4% over the forecast quantity of 2018 – 2025, as per report. The report includes dairy alternative market shares of marketplace for world, Europe, North America, Asia Pacific and South America. The major Dairy Alternative Market players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
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Major Market Drivers and Restraints:
· Rising Consumer Preference for A Vegan Diet
· Growing Cases of Lactose Intolerance & Milk Allergies
· Fast Growth of Beverage Industry
· Value Sensitivity
· Inadequate Availability of Raw Materials
Market Segmentation: Global Dairy Alternative Market
· By formulation the global dairy alternative market is segmented into
· Plain & Sweetened
· Plain & Unsweetened
· Flavored & Sweetened
· Flavored & Unsweetened, And Others
· By type the global dairy alternative market is segmented into
· Almond Milk
· Soymilk
· Oat Milk
· Hemp Milk
· Coconut Milk
· Rice Milk, And Others
· By application the global dairy alternative market is segmented into
· Food
· Beverages
· Food segment is further sub-segmented into cheese, creamer, yogurt, pudding, and ice cream.
· Beverages segment is further sub-segmented into milk, and sauces & dressings.
· By nutritive component the global dairy alternative market is segmented into
· Protein
· Starch
· Vitamins, And Others
· On the basis of geography, global dairy alternative market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa.
· Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2018, North America is expected to dominate the market.
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