Dairy Alternatives Market Comprehensive Study (2019-2025) With Key Players like SunOpta, Pacific Foods, Ripple Foods, TRIBALLAT NOYAL, Califia Farms, MALK Organics, WhiteWave Foods, Valsoia S.p.a

Asia Pacific Dairy Alternatives Market is projected to witness the fastest growth at over 10% from 2019 to 2025. Economic development, improved standard of living, increased consumer spending on foods, and influence of western trends will provide an impetus to dairy alternatives market size. Rapid growth in the population, liberalization of FDI in the food industry, increase in consumer awareness about health & fitness, and rapid rise in purchasing power are the key factors driving the product demand across the region.

Request for a Table of Content @ https://www.gminsights.com/toc/detail/dairy-alternatives-market

Shifting consumer preference for vegan products owing to growing health consciousness will drive the dairy alternatives market growth. The demand for flavored milk from soy, almond, coconut, rice, oats, and hemp are increasing due to improved vitamins & minerals uptake. Manufactures are focusing on developing new flavors in plant-based ice-cream & frozen yogurt for gaining competitive advantage.

Almond-based dairy alternatives market will observe the fastest CAGR at around 8.5% from 2019 to 2025. Increasing almond production to cater the growing demand along with rising consumer awareness regarding health benefits are positively influencing the industry development. Further, almond milk provides benefits such as higher daily recommended value for vitamin D and vitamin E, low-calorie content, and reduced cholesterol levels.

Key aspects including improved product flavor & taste and expanding distribution network will drive the industry growth over the forecast timeframe. Further, the industry observes new product launches based on oats, hemp, rice, and almonds. For instance, in January 2019, Oatly announced to expand its oat-based ice-cream by launching new flavors. Also, hemp-based dairy alternatives are gaining popularity and readily available in North America and Europe.

Companies Profiled based on Business Overview & SWOT Analysis:

• WhiteWave Foods
• The Hain Celestial Group
• 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
• New Barn

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.

Request for Report Customization @ https://www.gminsights.com/roc/2451

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.

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.

Report Content

Chapter 1. Methodology and Scope

1.1. Research methodology

1.1.1. Initial data exploration

1.1.2. Statistical model and forecast

1.1.3. Industry insights and validation

1.1.4. Definitions & forecast parameters

1.2. Data sources

1.2.1. Primary

1.2.2. Secondary

Chapter 2. Executive Summary

2.1. Dairy alternatives market 3600 synopsis, 2013 –2025

2.1.1. Business trends

2.1.2. Product trends

2.1.3. Application trends

2.1.4. Formulation trends

2.1.5. Sales channel trends

2.1.6. Regional trends

Browse Full Report @ https://www.gminsights.com/industry-analysis/dairy-alternatives-market

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: www.gminsights.com
Blog: http://global4energy.com/

This release was published on openPR.