Press release
Significant Growth Foreseen By Plant-Based Dairy Market During 2021-2031
The global plant-based dairy market is projected to witness lucrative growth during the forecast period, more so amid the COVID-19 pandemic, as plant-based dairy products offer numerous health benefits, thereby boosting the human immune system. In addition, initiatives taken by governments and other organizations to promote the consumption of plant-based protein products have also contributed significantly to market growth. For instance, the Government of Canada has launched the Protein Industries Canada (PIC) Supercluster in order to grow the plant-based food & beverage business in the country. Under this project, the Canadian government invests in various plant-based businesses. Apart from this, global animal rights organizations such as People for the Ethical Treatment of Animals (PETA) promote the consumption of plant-based food & beverages by conducting various awareness events and campaigns.To Get In-depth Information View Full Report – https://www.factmr.com/report/4963/plantbased-dairy-market
According to a recent report published by Fact.MR, the global plant-based dairy market will expand at a value CAGR of 11.5%, and account for US$ 32 billion by the end of the forecast period (2020–2030).
For More Insights Into The Market, Request a Sample of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=4963
Key Takeaways from Plant-based Dairy Market Study
The global plant-based dairy market is expected to progress at a CAGR of 8% in terms of volume.
Plant-based milk products will hold the maximum share in terms of value, and are projected to create an absolute dollar opportunity of US$ 5.7 billion during the forecast period.
Organic plant-based dairy products are expected to progress at a CAGR of 13% in terms of value, and are expected to gain 406 BPS in their market share by the end of the forecast period.
By end use, the business to consumer (B2C) segment is expected to account for a majority share in terms of value, projected to create an absolute $ opportunity of US$ 14.6 billion during the forecast period.
The retail sales channel is expected to a hold majority value share in the global plant-based dairy market, and is expected to be valued 2.6X than direct sales at the end of forecast period.
North America is expected to lead the market share in terms of value. However, the region is expected to lose 314 BPS from its market share in terms of value by the end of forecast period.
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Key Segments Covered
Product
Plant Based Milk (by Protein Source)
Almonds
Cashews
Coconuts
Hazelnuts
Oats
Rice
Soy
Flax
Hemp
Macadamia
Peanuts
Pistachios
Quinoa
Sesame
Other
Plant Based Frozen Desserts (by Protein Source)
Avocados
Oats
Cashews
Soy
Almonds
Coconuts
Plant Based Butter (by Form)
Sticks
Spread
Plant Based Creamers (by Protein Source)
Soy
Coconuts
Almonds
Others
Plant Based Yogurt (by Protein Source)
Oats
Cashews
Soy
Almonds
Coconuts
Others
Plant Based Cheese (by Form)
Blocks and Wedges
Creams, Sauces and Spreads
Shredded and Crated
Sliced
Nature
Organic Plant Based Dairy
Conventional Plant Based Dairy
End Use
Plant Based Dairy for B2B Consumers
Bakery and Confectionary
Snacks and Savouries
Ready Meals
HoReCa
Other Food Products
Plant Based Dairy for B2C Consumers
HoReCa
Household
Sales Channel
Plant Based Dairy Sales through Direct Channels
Plant Based Dairy Sales through Retail Channels
Supermarkets and Hypermarkets
Convenience Stores
Independent Grocery Stores
Specialty Stores
Online Stores
Access Research Methodology Prepared By Experts – https://www.factmr.com/connectus/sample?flag=RM&rep_id=4963
Report Benefits & Key Questions Answered
Plant-based Dairy Market Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
Plant-based Dairy Market Historical volume analysis: The report provides a comparison of Plant-based Dairy Market historical sales and projected sales performance for 2021-2031.
Plant-based Dairy Market Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Plant-based Dairy Market It carefully gauges the impact of changing healthcare needs of key demographics globally
Plant-based Dairy Market Consumption by demographics: The report investigates consumer behavior affecting Plant-based Dairy Market demand outlook for the assessment period. Effect of their keenness for digital trends on Plant-based Dairy Market is carefully analyzed
Post COVID consumer spending on Plant-based Dairy Market Consumption: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Plant-based Dairy Market growth.
For More Insights- https://www.einpresswire.com/article/556694532/how-has-covid-19-impacted-the-surgical-drapes-industry-fact-mr-s-post-pandemic-analysis
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
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United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
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Email: sales@factmr.com
Visit Our Website: https://www.factmr.com
US Sales Office:
11140 Rockville Pike,
Suite 400, Rockville,
MD 20852,
United States,
Tel: +1 (628) 251-1583,
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
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