Press release
Dairy Alternatives Market | Impact of COVID-19 on Global Demand, Trend Analysis, Top Companies, & Opportunity Outlook 2021
Dairy Alternatives Market 2021 report offers detailed analysis on specific developments in the market and key business strategies implemented by major market players to strengthen their businesses and market share. The report highlights company profiles, competitive landscape along with product benchmarking analysis for key market players.Increasing consumer emphasis on nutritional values such as low calories and high protein and vitamin content given by milk substitutes is expected to support the industry. Dairy Substitutes have proved to be increasingly common in both the mature and emerging markets. This is due to an increase in the number of people who are allergic to dairy. Furthermore, growing health consciousness and disposable income have helped the development of the dairy alternatives industry. Furthermore, the launch of additional healthier ingredients into the market by numerous market players is one of the other factors driving the market's growth.
Complete analysis on value (revenue), volume (sales, production, capacity) and growth rate data are provided for years 2016 to 2027. Exhaustive key regional and country level trends and growth drivers are analysed to provide granular market analysis. Report demonstrates historic revenue and growth trends data for years 2016 to 2019 and forecast data for the years 2021 to 2027.
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Dairy Alternatives Market Size
The global Dairy Alternatives market was USD 15.87 Billion in 2019 and is forecasted to garner value of USD 40.28 Billion by the end of 2027 growing at a CAGR 12.4% between 2020 and 2027.
A thorough analysis on market effect factors, market risks, technological progress, consumer buying behaviour is covered along with value chain analysis, upstream and downstream market development trends and price and cost trends for product and raw materials.
Key Market Players:
• Hain Celestial Group
• The WhiteWave Food Company
• Blue Diamond Growers
• Sanitarium
• SunOpta
• Freedom Foods Group Limited
• Ecomil
• Eden Foods, Inc
• Triballat Noya
• Earth's Own Food Company
• Dohler
• Valsoia S.p.A
• Green Spot Co., Ltd.
• Panos Brands
• Others
Covid-19 Impact Analysis
Covid-19 impact analysis focuses on analysing pre- and post-pandemic growth trends, short term and long-term industry dynamics across major regions. Covid-19 recovery path analysis gives insights on the major strategies implemented by industries to respond and recover from the economic crisis due to Covid-19 pandemic. Also, SWOT analysis, PESTEL analysis and Porter's Five forces analysis is clear understanding of market growth influencing factors.
The report offers critical market information crucial for business decisions and strategy implementation based on current market trends and scope. The report also adds strategic inputs gained from key opinion leaders and business decision makers in the related industry.
The report is prepared by thorough primary and secondary research. Secondary data sources include company websites, magazines, press releases, SEC filings, various paid databases and others. Primary research involves interviews with key industry experts, KOLs, major vendors from both supply and demand side.
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Global Dairy Alternatives market report is segmented as:
By Source
• Almond
• Soy
• Oats
• Hemp
• Coconut
• Others
By Application
• Food
• Spread
• Creamer
• Yogurt
• Tofu
• Others
• Beverages
• Dairy Alternative Milk
• Soymilk
• Almond Milk
• Rice Milk
• Others
• Dairy-free Probiotic Drinks
• Others
By Distribution Channel
• Supermarkets/ Hypermarkets
• Online Stores
• Retail Stores
• Others
The regional scope covers value (revenue) and volume data for below mentioned countries and regions:
• North America (U.S., Canada, Rest of North America)
• Europe (UK, Germany, France, Italy, Spain, Rest of Europe)
• Asia Pacific (China, Japan, India, Southeast Asia, Rest of Asia Pacific)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Middle East and Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East and Africa)
Key Advantages to purchase Dairy Alternatives Market Report:
• To gain complete analysis on market potential, growth and trends data
• To analyse current competitive trends in the market and strategies used by key players to strengthen their businesses & leading market position
• Evaluate major market challenges and risks and implement solutions or strategies to mitigate the market risks
• To gain clear understanding of global market scope, potential, growth influencing drivers, restraints and opportunities
• To perceive future market outlook and growth prospects for strategic business decisions like geographic or product portfolio expansion
• Besides syndicate reports, we also offer customized research solutions and consulting services for specific business needs
Key Highlights of Dairy Alternatives Market Report:
• Granular analysis of market size estimates in terms of value (revenue), volume and growth rate at country and region level for each segment and sub-segment
• Current industry trends and developments shaping the market
• Competitive market share analysis for major market players, pricing and cost analysis along with product benchmarking
• Qualitative analysis of growth driving factors, opportunities, restraints, market challenges and risks or threats
• Market attractiveness analysis for each major segment
• To analyse the revenue pockets in the market for stakeholders or major vendors by categorizing the specific high growth segments
Years considered in the report are:
• Historic Years: 2016-2019
• Base Year: 2019
• Estimated Year: 2020
• Forecast Year 2020 to 2027
Table of Contents
1. Preface
1.1. Market Introduction
1.2. Definitions
2. Research Methodology
2.1. Research Methodology
2.2. Research Models
2.3. Data Sources
3. Executive Summary and Snapshot
4. Price and Cost Trend Analysis
4.1. Price Trend Analysis
5. Market Growth Attractiveness Analysis
6. COVID-19 Impact Analysis on Industry
6.1. Restrictions due to COVID-19
6.2. Demand-side Constraints
6.3. Supply-side Constraints
7. Post COVID-19 Industry Dynamics
8. Post COVID-19 Industry Recovery Path Analysis
9. Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1. Upstream Raw Materials Sourcing
9.2. Industrial Chain Analysis
9.3. Downstream Buyers
10. Market Dynamics and Industry Analysis
10.1. Asia Pacific Dairy Alternatives Market: Introduction
10.2. Market Drivers
10.2.1. Increasing demand for lactose free food and beverages
10.2.2. Increasing shift towards vegan diet
10.2.3. Increasing awareness about health benefits of dairy alternative products
10.3. Market Restraint
10.3.1. High price of the products
10.3.2. Volatile raw material prices
10.4. Market Opportunity
10.4.1. Lifestyle changes and consumer awareness
10.4.2. Emerging markets
10.5. Porter's Five Forces Analysis
11. Trending Insights on Current Market Scenario
11.1. Current Market Trends
11.2. SWOT Analysis
11.3. PESTEL Analysis
11.4. Technology Trend Analysis
12. Competitive Share Analysis
12.1. Company Share Analysis
12.2. Strategic Developments
12.3. Supplier Benchmarking
13. Asia Pacific Dairy Alternatives Market: Source Segment Analysis
14. Asia Pacific Dairy Alternatives Market: Application Segment Analysis
15. Asia Pacific Dairy Alternatives Market: Distribution Channel Segment Analysis
16. Asia Pacific Country Level Analysis
16.1. Asia Pacific Regional Overview
16.2. Country Level Analysis
16.2.1. Japan
16.2.2. China
16.2.3. India
16.2.4. Australia
16.2.5. Southeast Asia
16.2.6. Rest of Asia Pacific
16.3. Japan Market Size and Forecast Analysis
16.3.1. By Source
16.3.2. By Application
16.3.3. By Distribution Channel
16.4. China Market Size and Forecast Analysis
16.4.1. By Source
16.4.2. By Application
16.4.3. By Distribution Channel
16.5. India Market Size and Forecast Analysis
16.5.1. By Source
16.5.2. By Application
16.5.3. By Distribution Channel
16.6. Australia Market Size and Forecast Analysis
16.6.1. By Source
16.6.2. By Application
16.6.3. By Distribution Channel
16.7. Southeast Asia Market Size and Forecast Analysis
16.7.1. By Source
16.7.2. By Application
16.7.3. By Distribution Channel
16.8. Rest of Asia Pacific Market Size and Forecast Analysis
16.8.1. By Source
16.8.2. By Application
16.8.3. By Distribution Channel
17. Company Profiles
18. Report Conclusion
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