Press release
Dairy Alternatives Market Release involving Daiya Foods Inc, Panos Brands LLC, and other Global Key Players by WMR
Dairy alternatives can be defined as substitutes to dairy products made from animal milk. Some of the common alternatives include soy milk, coconut milk, rice milk, flax milk and many more. Growing trend of vegan culture, which involves complete elimination of dairy products in everyday meals, is expected to be the major driving factor of the market.
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Market Dynamics:
1. Market Drivers
1.1 Growing vegan culture
1.2 Advantages of plant-based dairy alternative products
1.3 Increasing occurrence of the milk allergies
2. Market Restraints
2.1 High price of products
2.2 Limited availability of raw materials and processing plants
Market Segmentation:
The global Dairy Alternatives Market is segmented on the basis of formulation, product, application, sales channel and region.
1. Global Dairy Alternatives Market, by Formulation:
1.1 Sweetened Products
1.1.1 Plain Formulation
1.1.2 Flavored Formulation
1.2 Unsweetened Products
1.2.1 Plain Formulation
1.2.2 Flavored Formulation
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2. Global Dairy Alternatives Market, by Product:
2.1 Soy Milk
2.2 Almond Milk
2.3 Coconut Milk
2.4 Rice Milk
2.5 Others
3. Global Dairy Alternatives Market, by Application:
3.1 Food
3.1.1 Cheese
3.1.2 Yoghurt
3.1.3 Ice cream
3.1.4 Others
3.2 Beverages
3.2.1 Milk
3.2.2 Sauces & Dressings
4. Global Dairy Alternatives Market, by Sales Channel:
4.1 Super Markets
4.2 Convenience Store
4.3 Pharmacies
4.4 Health Food Stores
4.5 Others
5. Global Dairy Alternatives Market, by Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
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Competitive Landscape:
The major players in the market are as follows:
1. Daiya Foods Inc.
2. Earth's Own Food Company Inc.
3. Panos Brands LLC.
4. Eden Foods Inc.
5. Freedom Foods Group Ltd.
6. Blue Diamond Growers Inc.
7. The Hain Celestial Group Inc.
8. The WhiteWave Foods Company
9. Sanitarium Health & Wellbeing Company
10. Sunopta Inc.
11. Archer Daniels Midland Company
12. Nutriops S.L.
13. Dhler GmbH
14. Triballat Noyal
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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