Dairy Alternatives Market Size, Scope, Global Hugs Demand Penetration and Forecast to 2025 | The Hain Celestial Group, Blue Diamond Growers, Sunopta, Sanitarium Health

The global dairy alternatives market size was estimated at USD XX billion in 2017. Rising consumer focus on nutritional values such as low calories and high proteins and vitamins offered by milk substitutes or dairy analogs is likely to have a positive impact on the market.

Soymilk contains various minerals such as iron, calcium, phosphorous, zinc, sodium, potassium, and magnesium. The product is highly popular among heart patients as it reduces cholesterol levels. In addition, soy milk contains an equal amount of proteins as that in cow milk and is low in calories compared to whole and skim milk. Therefore, growing consumption of soy milk is likely to augment overall industry demand.

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What is Dairy Alternatives Market?
With growing sedentary lifestyle, many people are becoming lactose intolerant or are switching towards the vegan lifestyle. Dairy alternatives are products rich in protein, calcium and lots of other essential nutrients. The market for dairy alternatives is booming in the food & beverage industry as there are a wide range of variety available such as almond milk, soy milk, etc. Apart from milk, there are alternatives for other dairy products as well such as butter, cheese, etc.

Increasing incidences of lactose intolerance among individuals across the globe, the rising number milk allergies, innovative product launches and smart marketing and sales promotional strategies followed by the market players are the some of the main factors that have stimulated the overall market demand for dairy alternatives. The competition in the dairy alternatives market is very high with major players acquiring other small players to increase their market share and profitability. Players in this market are continuously innovating their products to come up with new taste and flavors to differentiate their products and pull more customers. Nevertheless, the players in the dairy alternatives market may face a significant challenge in the form of innovation being done in conventional milk and dairy products with low cholesterol and fat.

Key Market Players:
The Main vendors in the global market are The Whitewaves Food Company (US), The Hain Celestial Group (US), Blue Diamond Growers (US), Sunopta (Canada), Sanitarium Health and Wellbeing Company (Australia), Freedom Foods Group (Australia), Eden Foods (US), Nutriops S.L. (Spain), Earth's Own Food Company (Canada), Triballat Noyal (France), Valsoia S.P.A (Italy), Dohler GmBh (Germany),Organic Valley (US), and Panos Brands LLC (US).

Global Dairy Alternatives Market, By Source
Soy, Almond, Coconut , Rice, Oats, Others

Global Dairy Alternatives Market, By Distribution Channel
Supermarkets
Health Food Stores
Pharmacies
Convenience Stores
Online Stores

Global Dairy Alternatives Market, By Application
Milk
Ice Creams
Yogurt
Cheese
Others

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