Press release
Plant-based Dairy Market Detailed Insights on Upcoming Trends Shows Rapid Growth 2019-2030 | FREEDOM FOODS GROUP LIMITED, Earth's Own, SunOpta
Market Industry Reports (MIR) has published a new report titled "Plant-based Dairy Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2030." According to the report, the global plant-based dairy market accounted for over US$ 19.0billion in 2019. It is anticipated to grow at a CAGR of 11.0% from 2019 to 2030.The market growth of plant-based dairy products can be attributed to factors such as the increasing adoption of plant-based dairy alternatives. For instance, according to the Good Food Institute, in 2017, there tail sale of plant-based creamer grew in the U.S. by62% in the past year. Similarly, there tail sale of plant-based cheese grew by 41% and that of plant-based yogurt grew by 54%.Increasingconsciousnessregarding eco-friendly approaches thus results in plant-based alternatives gaining popularity among the masses. Such alternatives minimize Green House Gas (GHG) emissions by eliminating biodiversity losses, deforestation, water pollution, and freshwater use. There is also increasing awareness regarding the health concerns triggered by the consumption of dairy products. In the American diet, milk and other dairy products are considered to be the top source of saturated fat leading to heart disease, type 2 diabetes and Alzheimer's disease. Also, lactose intolerance is quite common in most of the countries.
Plant-based Dairy Market Prominent Players
Some of the key players operating in the global plant-based dairy market are Valsoia SPAPIVA, The WhiteWave Foods Company (Danone), FREEDOM FOODS GROUP LIMITED, Earth's Own, SunOpta, Eden Foods, PANOS, Doehler, Blue Diamond Growers, Hain Celestial and Organic Valley, among others.
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Scope of Report:
According to the Food and Agriculture Organization of the United Nations, the world's milk production grew by 0.5% during 2017, which is much lower than the average growth rate of 2.1% during the last decade. International dairy prices continued to increase in 2017, driven by declines in milk production in the last quarter of 2016 and the first quarter of 2017 and the strong demand for fat solids. Consumers are now shifting to plant-based dairy substitutes that are derived from a wide range of sources such as legumes, pseudo cereals, oilseeds, and cereals.
Milk is one of the largely demanded plant-based dairy product. Let's talk about some of the benefits of the same. Plant-based milk includes much less fat, which is basically mono-saturated. This eventually improves the cardiovascular health, helps the consumer to have good skin, and includes more fiber than the traditional one.
The Research Provides Answers To The Following Key Questions:
-How are the manufacturers operating in the Connected Smart Street Light Market plan to adjust their production according to the status of demand during the forecast period, 2019 to 2030?
-How are prominent leaders planning to secure economies in the distribution of their products?
-What are the defects in the existing products and what corrective measures should the product owners take to improve the product?
-How can companies explore new uses for their existing and new products or services, and thereby increasing the demands in the Connected Smart Street Light Market?
-What will be the market share over the estimated period?
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Table of Contents
INTRODUCTION
Market Definition
Market Classification
Geographic Scope
Years Considered for the Study: Historical Years - 2016 & 2017; Base Year - 2018; Forecast Years - 2019 to 2030
Currency Used
RESEARCH METHODOLOGY
Research Framework
Data Collection Technique
Data Sources
Secondary Sources
Primary Sources
Market Estimation Methodology
Bottom Up Approach
Top Down Approach
Data Validation and Triangulation
Market Forecast Model
Limitations/Assumptions of the Study
ABSTRACT OF THE STUDY
MARKET DYNAMICS ASSESSMENT
Overview
Drivers
Barriers/Challenges
Opportunities
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Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.
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Website: https://www.marketindustryreportsContact Us
Email: sales@marketindustryreports.com
Phone: +1 347 767 5477 ( US ) + 91 8956 767 535 ( IN ) + 44 131 463 4161 ( UK )
Website: https://www.marketindustryreports.com
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