Dairy Substitutes Market - The Historic Rise of a Futuristic Technology | Top Companies – The Hain Celestial Group Inc., Blue Diamond Growers Inc., Sunopta Inc., Califia Farms LLC, Organic Valley Cropp Cooperative, Danone, Oatly AB

Dairy Substitutes for example tofu, almond butter, milk, and cottage cheese are all a great way of adding a lot of protein to the diet. Dairy Substitutes also come in many forms, and one of the most popular is cheese, which can be easily made from milk, yogurt, or even buttermilk. The dairy substitutes market focuses on three regions namely Europe, Middle East, and Africa. The dairy substitutes market is expected to witness significant growth during the forecast period, owing to increasing disposable income across the region.

Dairy Substitutes Market Drivers -

Increasing prevalence of lactose tolerance is expected to drive the growth of the dairy substitutes market during the forecast period. According to the National Center for Biotechnology Information (NCIB), lactose tolerance is widespread across Northern European countries such as Finland and Sweden with tolerance levels of 82% and 74% respectively. Such high prevalence has led to increased demand for dairy alternatives such as soy milk, almond milk, and brown rice milk. Thus, these factors are expected to drive the growth of the dairy substitutes market during the forecast period. Furthermore, increasing disposable income across the region combined with increasing consumer focus on low calories and high proteins is expected to propel the growth of the dairy substitutes market over the forecast period.

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Dairy Substitutes Market Restraint -

Volatile prices of raw materials and the high cost of production-related to dairy alternatives are expected to hinder the growth of the dairy substitutes market during the forecast period.

Regional Insights -

Among regions, Europe is expected to witness significant growth in the dairy substitutes market during the forecast period. This is owing to the increasing number of health-conscious consumers and growing health awareness regarding dairy alternatives across the region.

Competitive Section -

• Major companies operating in the dairy substitutes market are The Hain Celestial Group Inc., Blue Diamond Growers Inc., Sunopta Inc., Califia Farms LLC, Organic Valley Cropp Cooperative, Danone, Oatly AB, Earth's Own Food Company Inc., Koninklijke Wessanen N.V., and Eden Foods Inc.

• For instance, in May 2019, Blue Diamond Growers Inc. introduced Almond Breeze Almondmilk Yogurt Alternative, a plant-based yogurt.

Geographically, this report split into Europe, the Middle East, and Africa, With sales (K MT), Revenue (Million USD), market share, and growth rate of Dairy Substitutes for these regions, from 2014 to 2026 (forecast)
- Europe: Germany, France, UK, Russia, Italy, and Benelux;
- Middle East: Saudi Arabia, Israel, UAE, and Iran;
- Africa: South Africa, Nigeria, Egypt, and Algeria.

Dairy Substitutes market competition by top manufacturers/players, with Dairy Substitutes sales volume (K MT), Price (USD/MT), Revenue (Million USD), and market share for each manufacturer/player; the top players including
- The Hain Celestial Group Inc
- Sunopta Inc
- Organic Valley Cropp Cooperative
- Oatly AB
- Koninklijke Wessanen N.V.
- Eden Foods Inc
- Earth's Own Food Company Inc
- Danone
- Califia Farms LLC
- Blue Diamond Growers Inc

On the basis of product, this report displays the sales volume (K MT), revenue (Million USD), product price (USD/MT), market share, and growth rate of each type, primarily split into

By Product Type:-
- Plain Sweetened
- Plain Unsweetened
- Flavoured Sweetened
- Flavoured Unsweetened

By Form Type:-
- Soy Milk
- Almond Milk
- Oat Milk
- Hemp Milk
- Coconut Milk
- Rice Milk
- Others

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume (K MT), market share, and growth rate of Dairy Substitutes for each application, including
- Cheese and Cheese Products
- Creamers
- Yogurt
- Ice Cream and Desserts
- Milk
- Sauces and Dressings

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