Press release
Dairy Alternatives Market showing Flourish Growth USD 15.79 billion by 2023 with CAGR of 11.58% | Nutriops S.L, Hain Celestial Group, SunOpta, Blue Diamond Growers, WhiteWave Foods, Eden Foods Inc, Archer Daniels Midland
Dairy Alternatives Market 2018 - 2023
Prominent Players:
The leading players in the market are Nutriops S.L, Hain Celestial Group, SunOpta, Blue Diamond Growers, WhiteWave Foods, Eden Foods Inc, Archer Daniels Midland, Freedom Nutritional Products and Daiya. The market is described by the presence of major industry members concentrating on R&D to come up with improvised texture and taste of their dairy alternative product offerings.
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The Dairy Alternatives Market is segmented as follows-
By Product:
Almond Milk
Soy Milk
Rice Milk
Others
By Formulation:
Flavoured
Sweetened
Unsweetened
Plain
Sweetened
Unsweetened
By Application:
Beverages
Food
Desserts
Cheese
Snacks
Regional Outlook:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia and Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
Industry Outlook and Trend Analysis:
The Dairy Alternatives Market was worth USD 5.89 billion in 2014 and is expected to reach approximately USD 15.79 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 11.58% during the forecast period. Rising demand for dairy alternatives for the production of medical foods for lactose intolerance diseases, inferable from its lactose-free nature, is anticipated to drive the business development. The nutritious advantages offered by dairy alternative products, for example, high protein content, low cholesterol content, and the incorporation of the same in everyday food products by producers is anticipated to profit the market. Rising number of allergies related with non-vegan foods and the resultant changing dietary inclinations of consumers is expected to drive the interest for the product over the estimate time frame.
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Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
5.Dairy Alternatives Market, By Product
5.1.Introduction
5.2.Global Dairy Alternatives Sales, Revenue and Market Share by Product (2014-2018)
5.2.1.Global Dairy Alternatives Sales and Sales Share by Product (2014-2018)
5.2.2.Global Dairy Alternatives Revenue and Revenue Share by Product (2014-2018)
5.3.Soy Milk
5.3.1.Market Assessment and Forecast, By Type, 2014-2023($Billion)
5.3.2.Global Soy Milk Sales and Growth Rate (2014-2018)
5.4.Almond Milk
5.4.1.Market Assessment and Forecast, By Type, 2014-2023($Billion)
5.4.2.Global Almond Milk Sales and Growth Rate (2014-2018)
5.5.Rice Milk
5.5.1.Market Assessment and Forecast, By Type, 2014-2023($Billion)
5.5.2.Global Rice Milk Sales and Growth Rate (2014-2018)
5.6.Other Products
5.6.1.Market Assessment and Forecast, By Type, 2014-2023($Billion)
5.6.2.Global Rice Milk Sales and Growth Rate (2014-2018)
6.Dairy Alternatives Market, By Formulation
6.1.Introduction
6.2.Global Dairy Alternatives Sales, Revenue and Market Share by Formulation (2014-2018)
6.2.1.Global Dairy Alternatives Sales and Sales Share by Formulation (2014-2018)
6.2.2.Global Dairy Alternatives Revenue and Revenue Share by Formulation (2014-2018)
6.3.Plain
6.3.1.Market Assessment and Forecast, By Type, 2014-2023($Billion)
6.3.2.Global Plain Sales and Growth Rate (2014-2018)
6.3.3.Sweetened
6.3.3.1.Global Sweetened Sales and Growth Rate (2014-2018)
6.3.4.Unsweetened
6.3.4.1.Global Unsweetened Sales and Growth Rate (2014-2018)
6.4.Flavored
6.4.1.Market Assessment and Forecast, By Type, 2014-2023($Billion)
6.4.2.Global Flavored Sales and Growth Rate (2014-2018)
6.4.3.Sweetened
6.4.3.1.Global Sweetened Sales and Growth Rate (2014-2018)
6.4.4.Unsweetened
6.4.4.1.Global Unsweetened Sales and Growth Rate (2014-2018)
7.Dairy Alternatives Market, By Application
...
Beverage is foreseen to develop as the quickest developing application portion over the gauge time frame. Developing demand for different nut based flavoured milk products, for example, cashew, walnut, and almond, is anticipated to profit the market development over the gauge period. Food application portion is foreseen to witness a consistent development rate by virtue of the expanding usage of dairy alternative based desserts, snacks and cheese.
Features of Market:
The analysis of Dairy Alternatives Market, their Growth, Demand, position, size and share from different regions are mentioned in detailed.
The key players in the market and their share in the global market are discussed.
The new strategic plan and suggestions that will help old as well as new market players to maintain the competitiveness are also discussed.
The Dairy Alternatives Market report provides some important points related to growth factors, challenges, opportunities, end-user analysis and achievement and so on.
The latest trends that are being followed in the market are included along with an example.
How technological advancement and research, as well as development activities, are impacting the Dairy Alternatives Market is explained in detail.
The development plans and policies are discussed as well as manufacturing processes and cost structures too are discussed.
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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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