openPR Logo
Press release

What's driving the Dairy Alternatives market Growth? Blue Diamond Growers, Valsoia S.p.a., SunOpta, Pacific Foods, Freedom Foods Group Limited, Ripple Foods, Earth's Own Food Company, TRIBALLAT NOYAL, Califia Farms, MALK Organics

Dairy Alternatives market

Dairy Alternatives market

Dairy Alternatives Market is estimated to surpass USD 37.5 billion by 2025; according to a new research report by Global Market Insights, Inc. The growing demand for dairy-free products across various end-use industries such as cheese, desserts, snacks, and beverages are steering the industry growth. Increasing intake of dairy alternatives by vegan population coupled with rise in patients suffering from lactose intolerance, milk allergies, and calorie concerns will bolster the product adoption in beverage applications.
Get Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/2451
Company Profiles
1. WhiteWave Foods
2. The Hain Celestial Group
3. Blue Diamond Growers
4. Valsoia S.p.a.
5. SunOpta
6. Pacific Foods
7. Freedom Foods Group Limited
8. Ripple Foods
9. Earth's Own Food Company
10. TRIBALLAT NOYAL
11. Califia Farms
12. MALK Organics
13. New Barn
The beverage segment dominates the industry and anticipated to reach around USD 33 billion in 2025. The growing trend of utilizing plant-based product content in a beverage for people suffering from milk allergy, lactose intolerance, and phenylketonuria will fuel the business growth. Dairy alternative products that are derived from soy and almond cater to a wide range of beverage applications. The use of dairy free products enhances the texture and creaminess of flavored milk, shakes, and smoothies which increases the desirability quotient of beverages, thereby increasing product demand.
Increasing penetration of dairy alternatives in beverages owing to several benefits offered such as improved nutritional content will fuel the business development. The shift from conventional dairy products such as cow milk to nuts and legume-based milk products along with rising consumer concerns for maintaining a healthy diet are the key factors influencing the business dynamics. Additionally, the growing vegetarian and vegan population, motivated by animal welfare concerns, choose plant-based beverage products, thereby positively influencing the dairy alternatives market share.
Regulatory agencies such as EDA, USDA, FAO, USFDA, EC, etc. undertook initiatives such as awareness campaigns to promote the need for maintaining healthy diet and lifestyle owing to increasing instances of diseases related to lactose tolerance and nutrition deficiency. For instance, EDA witness around 56% of the Italy population was lactose intolerant or suffered health issues related nutritional deficiency in June 2018. The agency listed out multiple guidelines regarding the consumption of milk and other dairy products as a counter measure of coping up with this diet and lifestyle related issue.
Manufacturers are focusing on the adoption of sustainable practices such as optimizing their network with farmers, energy & waste management, and the utilization of industry by-products as raw materials. They are also developing products in line with stringent regulations of governing bodies, thereby aiding product growth over the forecast timeline.
Stringent regulations imposed on the manufacturing process such as functional requirements, the need of mentioning animal-based products in food labels, higher cost of nuts & legumes, and increasing energy costs may increase the overall production cost which in turn will hinder the market share. In addition, the inflated and time-consuming product testing, processing, and approvals can inhibit business growth.
Browse key industry insights spread across 1200 pages with 2325 market data tables & 14 figures & charts from the report, “Global Dairy Alternatives Market Size By Product (Almond, Soy, Coconut, Oat, Rice, Hemp), By Application (Food {Cheese, Deserts, Snacks}, Beverages), By Formulation (Sweetened, Unsweetened), By Sales Channel (Mainstream Stores, Specialty Stores, Online Stores) Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Russia, Italy, China, India, Japan, South Korea, Indonesia, Australia, Brazil, Mexico, Argentina, Saudi Arabia, UAE, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/dairy-alternatives-market
Coconut is expected to witness a significant growth at over 10% up to 2025. Coconut milk is commonly used dairy milk substitute having a creamy texture with a relatively high amount of fat content. It offers benefits such as increased levels of HDL cholesterol in the body, efficient weight management, and protection from cardiovascular diseases. These factors are expected to fuel the segment demand over the forthcoming years.
The unsweetened segment constitutes a major share in the dairy alternatives industry. The segment does not contain added sugar or sweetening agents, which typically accounts for half of the calorie contents found in cow’s milk. Increasing intake of this light-tasting substitute by diabetic patients for maintaining a healthy diet will be a key factor driving the segment growth.
Online stores emerged as the fastest growing distribution channel. The online services sector has gained momentum in both developed and developing countries owing to cost-effectiveness and faster accessibility. The increasing popularity of online sales channels is creating potential opportunities for segment growth over the forecast timeframe.
North America dairy alternatives market accounts for over 25% share and expected to witness significant gains over the forecast timeline. The escalating number of patients with allergies and nutritional deficiency will result in dairy alternative products demand across the region. Changing eating habits and lifestyle owing to rising adult population suffering from obesity and diabetes in the U.S. and Canada will further drive the plant-based rice and almond milk products demand.
Inquiry of this Report @ https://www.gminsights.com/inquiry-before-buying/2451
The global dairy alternatives market is highly competitive owing to the presence of a few dominating companies including Whitewave Foods, Hain Celestial Group, Inc., Blue Diamond Growers, SunOpta Inc., New Barn. Other prominent players in the industry include Triballat Noyal, Califia Farms, Valsoia S.p.A, Freedom Foods, and Pacific Foods. Strategic initiatives such as new product launches, geographical expansions, R&D investments, and mergers & acquisitions help the industry participants explore the untapped business potential. Industry players resort to supply chain agreements with dealers and distributors to ensure efficient flow of products.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Explore Our Blog @ http://l2food.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release What's driving the Dairy Alternatives market Growth? Blue Diamond Growers, Valsoia S.p.a., SunOpta, Pacific Foods, Freedom Foods Group Limited, Ripple Foods, Earth's Own Food Company, TRIBALLAT NOYAL, Califia Farms, MALK Organics here

News-ID: 1715799 • Views: 373

More Releases from Global Market Insights, Inc.

Global sodium metasilicate pentahydrate market size by 2025 | Top Companies are …
Global Market Insights, Inc., says that sodium metasilicate pentahydrate market may exceed USD 875 million by 2025. Sodium metasilicate pentahydrate market is expected to accrue momentous proceeds from the cement industry. The product is used as a connecting agent in the making of refractory cement & can enable properties such as chemical and heat resistance and hardness. It has also found application in the cosmetic, textile, ceramics, chemical production, and
Vinyl ester market Growth in Europe, Impact Covid19 and Top key players like Swa …
Vinyl ester market to be fueled by increasing deployment of wind energy facilities, Europe to emerge as a pivotal revenue pocket. In 2017, Europe marked a growth of 25% in the wind power plant capacity annual installation as compared to 2016. Whereas wind energy was the second-largest source of power generation power in the year 2016 in Europe. Nations worldwide are actively aligning their focus toward the deployment of wind
Biaxially Oriented Polypropylene (BOPP) Market Size, Share by key players like B …
Biaxially oriented polypropylene (BOPP) market size to reach USD 20 billion by 2024. Growing focus on superior packaging for the protection of delicate good, foods, medicines, and others will favor BOPP business growth in the coming years. Rapid proliferation of e-commerce platforms along with changing consumer spending trends will drive biaxially oriented polypropylene (BOPP) market outlook. In a world of constantly-changing lifestyles, consumers expect products to be shatter-proof, lightweight, aesthetically appealing,
Titanium Dioxide Market to see 7%+ CAGR over 2021-2026 | Key Players are Tronox …
Titanium Dioxide Market growth will be driven by rising expansion activities in the paints & coatings sector and proliferating application in paper & pulp industry. For years, titanium dioxide (TiO₂) has been used in the manufacturing of numerous consumer products across various industries. The product finds applications in paints, adhesives, coatings, paper, rubber, printing inks, textiles, coated fabrics, ceramics, roofing materials, floor coverings, and cosmetics. Surging in product demand across

All 5 Releases


More Releases for Food

Wonderful Barcelona food tour
Barcelona food tour at its best Enjoy a great city with even greater meals. The Catalan kitchen has many surprises and offers different variations of classic Spanish meals. Fresh fish from the sea combined with selected ingredients and spices create special meals with a remarkable taste. Guests enjoy the menu’s in a very special environment in the young and beautiful city Barcelona. Enjoy your meals and a great stay with Foodhopping
Rigid Food Containers
The Global Rigid Food Containers Market Research Report 2017 renders deep perception of the key regional market status of the Rigid Food Containers Industry on a Global level that primarily aims the core regions which comprises of continents like Europe, North America, and Asia and the key countries such as United States, Germany, China and Japan. Request for sample of Rigid Food Containers Market research report @ https://www.qyresearchgroups.com/request-sample/548017 The report on “Global
Packaged Food in Argentina
Summary The economic crisis seriously impacted the demand for packaged food, leading to a slight decrease in retail volume sales in 2016. To soften the fall in sales, the main chained supermarkets and hypermarkets, such as Jumbo, Coto and Carrefour, offered significant discounts. These retailers offered deals like 2-for-1, or an 80% discount on a second product, as well as major savings when paying with a bank card. These promotions even
Packaged Food in Germany
Summary Retail value sales of packaged food continued to grow in Germany in 2016, as was the case in all years of the review period from 2011 to 2016. The last time a decline took place was in the context of the global economic and financial crisis and the following recession in 2010. In the context of the review period as a whole, the 2016 development was slightly below average, although
Packaged Food in France
Summary The slow but progressive exit from the persisting crisis of the French economy and the slight improvement in GDP growth in 2016 has contributed to current value growth of 1% in current value terms in packaged food. This is still modest and just in line with the CAGR seen over the review period, although this is in the context of strong price wars, stagflation and the detrimental effects of terrorist
Navratra Special! Sattvik Food!
Treat your taste buds this Navratri with mouthwatering vrat ka khanna at Bayview Restaurant, Hotel Marine Plaza from 1st October till 10th October 2016. The newly designed menu is an Ala Carte available for Lunch and Dinner at Bayview. Executive Chef Kshitiz Shekhar have crafted these dishes keeping in mind the ingredients & flavors that are in harmony with the fasting beliefs. The meal is in accordance with the navratra rules