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Dairy Alternative Market Report 2018 to 2025 | Sanitarium, Danone, Fonterra, Cargill, Arla Foods, WhiteWave Foods, The Hain Celestial Group, Blue Diamond Growers, Barry Callebaut Group, Amy's Kitchen, DöhlerGroup, TRIBALLAT NOYAL, SunOpta, Valsoia S.p.a.
The prime objective of dairy alternative market report is to assist the user perceive the market in terms of its definition, segmentation, market potential, important trends, and also the challenges that the market is facing. Deep researches and analysis were done throughout the preparation of the report.Consistently rising demand for chillers and warmth pumps to stay buildings at ideal temperature, could be a key issue driving dairy alternative market growth. Aspects like technological advancements and increasing necessity for energy economical systems to cut back overall cooling time area unit among key factors refueling trade penetration.
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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. 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 dairy alternative market is highly fragmented and is based on new product launches and clinical results of products. Some of the major players operating in global dairy alternative market are
· 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. 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.
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.
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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
Segmentation:
· 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
· Ice cream
· Beverages segment is further sub-segmented into
· Milk
· 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
· 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.
Features of the Report
1. Detailed overview of parent dairy alternative market
2. Changing market dynamics of the industry
3. Strategies of key players and product offerings
4. Drivers and restrains of the dairy alternative market
5. Key developments in the market
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