Press release
Milk Substitutes (Non Dairy Milk) Market Sales, Regions, Types, Application And Forecast To 2023 | Leading Key Players - Hain Celestial Group, WhiteWave Foods, ADM, Nutriops S.L
The Business Research Company offers " Milk Substitutes (Non Dairy Milk) Global Market Report 2020-30: Covid 19 Growth And Change " in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.The global milk substitutes (non dairy milk) market is expected to grow from $19.8 billion in 2019 to $20.4 billion in 2020 at a compound annual growth rate (CAGR) of 3.5%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 11% from 2021 and reach $27.9 billion in 2023.
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The milk substitutes (non-dairy milk) market consists of sales of milk substitutes. This industry includes establishments that produce milk substitutes such as soy milk, almond milk and rice milk.
The increasing consumers’ preference for vegan food is driving the milk substitutes market. Consumers are increasingly becoming aware about animal abuse at dairy farms and are avoiding animal based products. Vegan milk is cholesterol-free, rich in vitamin D and proteins and provides more calcium than animal milk.
Milk Substitutes (Non Dairy Milk) Market Segmentation: -
By Type
1. Soy Milk
2. Almond Milk
3. Rice Milk
4. Others
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By Application
1. Food
2. Beverages
Few Points From Table Of Content
1. Executive Summary
2. Milk Substitutes (non dairy milk) Market Characteristics
3. Milk Substitutes (non dairy milk) Market Size And Growth
4. Milk Substitutes (non dairy milk) Market Segmentation
5. Milk Substitutes (non dairy milk) Market Regional And Country Analysis
……
25. Milk Substitutes (non dairy milk) Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Milk Substitutes (non dairy milk) Market
27. Milk Substitutes (non dairy milk) Market Trends And Strategies
28. Milk Substitutes (non dairy milk) Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the milk substitutes (non dairy milk) market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the milk substitutes (non dairy milk) market are Hain Celestial Group, WhiteWave Foods, ADM, Nutriops S.L, Blue Diamond Growers , Freedom Foods Group Ltd, SunOpta Inc, Earth`s Own Food Company, Valsoia S.P.A
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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