Press release
Milk Substitutes (Non Dairy Milk) Market Opportunities, Challenges, COVID-19 Outbreak, Size Outlook And Global Competitive Trends, 2021-30
The milk substitutes (non-dairy milk) market report describes and explains the global milk substitutes (non-dairy milk) market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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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 global milk substitutes (non-dairy milk) market is expected to grow from $19.93 billion in 2020 to $21.44 billion in 2021 at a compound annual growth rate (CAGR) of 7.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The non-dairy milk market is expected to reach $31.28 billion in 2025 at a CAGR of 9.9%.
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Some of the major players of the milk substitutes (non-dairy milk) market are Hain Celestial Group, WhiteWave Foods, ADM, Nutriops S.L and Blue Diamond Growers.
The countries covered in the global milk substitutes (non-dairy milk) market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global milk substitutes (non-dairy milk) market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global milk substitutes (non-dairy milk) market is segmented -
1) By Type: Soy Milk, Almond Milk, Rice Milk, Others
2) By Application: Food, Beverages
3) By Distribution Channel: Supermarkets, Hypermarkets, Convenience Stores, Specialty Stores, Online Retail Stores, Others
4) By Formualtion: Plain-Sweetened, Plain-Unsweetened, Flavored-Sweetened, Others
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Few Points From Table Of Content
1. Executive Summary
2. Milk Substitutes (Non-Dairy Milk) Market Characteristics
3. Milk Substitutes (Non-Dairy Milk) Market Trends And Strategies
4. Impact Of COVID-19 On Milk Substitutes (Non-Dairy Milk)
5. Milk Substitutes (Non-Dairy Milk) Market Size And Growth
.....
27. Milk Substitutes (Non-Dairy Milk) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Milk Substitutes (Non-Dairy Milk) Market
29. Milk Substitutes (Non-Dairy Milk) Market Future Outlook And Potential Analysis
30. Appendix
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