openPR Logo
Press release

Plant Milk Market: How the Business Will Grow in 2026? Prominent Players: Daiya Foods, Danone, Hain Celestial Group, WhiteWave Foods, Eden Foods, Blue Diamond Growers, ADM, SunOpta, Freedom Foods

04-01-2020 04:29 PM CET | Health & Medicine

Press release from: Global Market Insights, Inc.

Plant Milk Market

Plant Milk Market

Rising trend for consuming plant-based beverages as a protein source will drive product market growth. Increasing concern regarding lactose intolerance is one of the major drivers supporting product penetration. In addition, growing consumer consciousness regarding healthy diet will influence plant milk market.

Consumption of naturally lactose-free, low cholesterol dairy products along with sensitivity reactions to foods are key factors propelling product demand. Manufacturers are anticipated to launch innovative offerings in line with changing consumer trend that focuses on favorable aspects such as taste profile and nutritional value.

Request sample copy of this report @ https://www.decresearch.com/request-sample/detail/2250

Almond source will observe growth over 11% up to 2024. Factors such as delicious taste and texture, high vitamin, mineral and no lactose content compared to other alternatives such as soy will propel product demand. Rising environmental concern and sustainability issues concerning traditional dairy production will also support industry growth.

Top Key Players :

1. Archer-Daniels-Midland
2. Danone
3. Daiya Foods
4. Hain Celestial Group
5. WhiteWave Foods
6. Blue Diamond Growers
7. SunOpta
8. Freedom Foods
9. Eden Foods
10. Nutriops SL
11. Earths Own Food Company
12. The New Barn
13. Califia Farms
14. Malk Organics
15. Ripple Foods
16. DREAM

Market Segmentation By Types:

1. Soy
2. Almond
3. Rice
4. Coconut

Specialty stores accounted for more than 10% industry share in 2016. Increasing consumer expectation for wider product selection, compelling shopping environment, and expert service will augment plant milk market from this distribution channel.

Place An Inquiry Before Investment @ https://www.decresearch.com/inquiry-before-buying/2250

Unsweetened formulation will register growth over 12% up to 2024. Potential application of food ingredient instead of direct consumption will support product penetration. Key benefits such as low fat and sugar content will drive segment demand. Moreover, suitability for diabetic and low carb diet patients will boost plant milk market growth.

Carton packaging was estimated to hold over 65% of plant milk market share in 2016. Rising demand for carton boards to replace less sustainable packaging solutions will drive segment growth. Food manufacturers are anticipated to invest in packaging systems that increase profitability and reduces overall environmental impact. These factors are anticipated to propel plant milk market.

North America plant milk market accounted for over 25% share in 2016. Changing dietary patterns and rising income level will propel industry growth. Consumer consciousness regarding health benefits associated with dairy alternative drinks consumption over traditional one has enhanced product demand.

Asia Pacific demand will witness a CAGR over 13% up to 2024. The regional growth attributed to rising lactose intolerance population. Increasing awareness among consumers about growth-related hormones and antibiotics found in the beverages processed by dairy industry is likely to influence regional demand.

Global plant milk market share is moderately fragmented due to the strong presence of manufacturers and suppliers at regional and international level. Key industry players are Danone, Ripple Foods, Archer-Daniels-Midland, WhiteWave Foods, Hain Celestial Group, Daiya Foods, Vitasoy, Califia Farms, and Freedom Foods. Other prominent players include SunOpta, Eden Foods, Blue Diamond Growers, Nutriops and The New Barn.

Increasing commercialization and new product launches will provide a strong business outlook for manufacturers. Extensive communication campaign across TV, outdoor and digital services is likely to be the key strategy to accelerate plant milk market. For instance, Vitasoy added two new products to its plant-based product portfolio named Almond and Coconut Milky in 2017.

In-depth table of contents @ https://www.decresearch.com/toc/detail/plant-milk-market

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

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.

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 Plant Milk Market: How the Business Will Grow in 2026? Prominent Players: Daiya Foods, Danone, Hain Celestial Group, WhiteWave Foods, Eden Foods, Blue Diamond Growers, ADM, SunOpta, Freedom Foods here

News-ID: 1995155 • Views: 254

More Releases from Global Market Insights, Inc.

Dicyclopentadiene (DCPD) Market 2020-2024 |Analysis by key Players The Dow Chemi …
Dicyclopentadiene Market size is projected to exceed USD 800 million by 2024.Hydrocarbon resins and polyester grade products are estimated to mutually hold more than half of the global market share over 2018-2024. This is because, these product grades are less expensive as compared to high purity grades and are extensively used to produce PSA tapes & labels, adhesives, specialty wax, and many products, owing to commendable mechanical properties along with
Xylenols Market by key Players SABIC, Nanjing Datang Chemical, Sigma Aldrich and …
Xylenols Market size is likely to witness significant growth during the forecast time period pertaining to its increasing applications in various end use industries such as healthcare, automotive & aerospace and substantial growth in chemical industry. These products are widely used in the manufacturing of insecticides, disinfectants and phenolic resins owing to their unique reactivity properties which is likely to accelerate the xylenols market growth. The information provided in the report
Advanced Persistent Threats (APT) Market: Good Opportunity to Hit New Growth Lev …
The study is titled 'Global Advanced Persistent Threats (APT) Market Research Report', in which extensive research has been undertaken by analysts and a detailed evaluation of the global market has been provided. The report includes an in-depth, extensive study of this market in tandem with vital parameters that are likely to have an effect on the market commercialization matrix. A highly analytical qualitative as well as quantitative evaluation of the global
Real Time Location System (RTLS) Market: Good Opportunity to Hit New Growth Leve …
The study is titled 'Global Real Time Location System (RTLS) Market Research Report', in which extensive research has been undertaken by analysts and a detailed evaluation of the global market has been provided. The report includes an in-depth, extensive study of this market in tandem with vital parameters that are likely to have an effect on the market commercialization matrix. A highly analytical qualitative as well as quantitative evaluation of the

All 5 Releases


More Releases for Food

Norway Baby food 2018
The Norway Baby Food Markets research report introduces a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry- approved market data. Within the near future, the Norway Baby Food Market is expected to lead in terms of rate of growth. The report shows a detailed picture of the market by way of study, synthesis, and summation of information from multiple sources. The report
Organic Baby Food
Future Market Insights (FMI) has released a new report titled, “Organic Baby Food Market - BRIC Industry Analysis and Opportunity Assessment 2015-2020”. According to the report, the global organic baby food market is expected to account for US$ 5.6 Bn by 2020, registering a CAGR of 10.5% during the forecast period. On the other hand, the BRIC organic baby food market is projected to reach US$ 3,528.7 Mn at a
Food Marketing Conference 2018
Earlier nutrition market was concentrated of products for treatment of malnutrition condition but now due to innovations in the healthcare sector and due rising awareness among the people the market for nutritional products like healthy supplements, organic food and functional food has increased. The transitional change in the lifestyle of people and due to the rising number of people suffering from various chronic ailments has led the public to intake
Organic baby food
WELCOME TO BUB’S DELIGHT 100% ORGANIC FOOD FOR YOUR BABY OR TODDLER – FREE DELIVERY – Bub’s Delight was passionately founded by French chef Julien Audibert, who recognised a need for fresh, organic food for babies and toddlers in a market unfortunately flooded with ‘quick fix’ meals containing often low nutrition values for the good ones, and chemicals and nasties for the others. The idea that we feed our young children, food that we
Milk Food Limited
"Milk Food Limited - Company Profile & Financial Analysis" contains in depth information and data about the company and its operations. You will find information on the business structure, areas of operation, products and services offered by the company. It also comprises SWOT analysis, key ratios, historical financial data and insider’s view on financial stability and industrial ranking with financial forecasts for two- year period. This report is a decisive resource
Packaged Food in Croatia
Packaged food has never been much influenced by the economy given its essential nature. But, just as consumers have been reluctant to sharply reduce their purchases of packaged food during the hardest economic times, they are inert in increasing their consumption now that disposable income is rising. Consumer habits are hard to change when it comes to food, because food is a basic household necessity. Euromonitor International’s Packaged Food in Croatia