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Global Dairy Alternatives Market Overview, Demand And Industry Growth, Worldwide Report And Forecast To 2030
Dairy Alternatives Market
The dairy alternatives market report describes and explains the global dairy alternatives 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 dairy alternatives market consists of sales of dairy alternative products and related services. Dairy alternatives are food & beverages that are used as a substitute for dairy products. These products are extracted from plants including cereals (rice, oats), legumes (soy), seeds (hemp, flax), nuts (peanuts, almond), and other grains (teff, quinoa). The dairy milk alternatives include soy milk, rice milk, oat milk, coconut milk, and flaxseed milk, cheese substitutes comprise soft cheese and hard cheese, butter alternatives such as nut butter, coconut butter, vegetable oil blends, and cultured vegan butter.
The global dairy alternatives market is expected grow from $18.95 billion in 2020 to $19.71 billion in 2021 at a compound annual growth rate (CAGR) of 4%. 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 market is expected to reach $27.92 billion in 2025 at a CAGR of 9%.
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Some of the major players of dairy alternatives market are Tate & Lyle, CP Kelco Inc., SunOpta Inc., The Whitewaves Food Company (US), Organic Valley (US), The Hain Celestial Group (US), Blue Diamond Growers (US), Sunopta (Canada), Archer Daniels Midland Company, The Coca-Cola Company, PepsiCo Inc., Döhler GmbH, Sanitarium Health and Wellbeing Company (Australia), Eden Foods (US), Nutriops S.L. (Spain), Earth's Own Food Company (Canada), Triballat Noyal (France), Valsoia S.P.A (Italy), Dohler GmBh (Germany), Panos Brands LLC (US).
The countries covered in the dairy alternatives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The regions covered in the dairy alternatives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global dairy alternatives market is segmented –
1) By Product Type: Non-dairy Milk, Butter, Cheese, Yogurts, Ice cream, Others
2) By Source: Almond, Soy, Oats, Hemp, Coconut, Rice, Others
3) By Distribution Channel: Supermarkets, Health Food Stores, Pharmacies, Convenience Stores, Online Stores, Others
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Few Points From Table Of Content
1. Executive Summary
2. Dairy Alternatives Market Characteristics
3. Dairy Alternatives Market Trends And Strategies
4. Impact Of COVID-19 On Dairy Alternatives
5. Dairy Alternatives Market Size And Growth
....
26. Africa Dairy Alternatives Market
27. Dairy Alternatives Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Dairy Alternatives Market
29. Dairy Alternatives Market Future Outlook and Potential Analysis
30. Appendix
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