Dairy Alternatives Market 2022 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : Danone S.A., Blue Diamond Growers, The Hain Celestial Group, Inc., Oatly Group AB, Vitasoy International Holdings
According to The Business Research Company's Dairy Alternatives market report, the dairy alternatives market reached a value of nearly $10,662.7 million in 2020, having increased at a compound annual growth rate (CAGR) of 5.5% since 2015. The global dairy alternatives market size is expected to grow from $10,662.7 million in 2020 to $16,008.4 million in 2025 at a rate of 8.5%. The global dairy alternatives market size is then expected to grow at a CAGR of 7.5% from 2025 and reach $23,010.3 million in 2030.
The various improvements in temperature-controlled transport is also expected to act as a driver for the diary alternatives market in the forecast period. Temperature-controlled transport options give modern businesses the flexibility and confidence to develop global supply chains for temperature-sensitive perishable goods such as dairy alternatives. The improvement in cold chains through automation, information tracking, predictive analytics and others allows diary alterative companies to transport their products across the globe without risk of spoilage or damage, which allows companies to increase geographical footprint and reach more consumers, thus driving the market.
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The Dairy Alternatives market is segmented -
• By Product Type : Non-Dairy Milk, Butter, Cheese, Yogurts, Ice Cream
• By Source : Almond, Soy, Oats, Hemp, Coconut, Rice
• By Distribution Channel : Supermarkets, Health Food Stores, Pharmacies, Convenience Stores, Online Stores
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia Pacific was the largest region in the Dairy Alternatives market.
Major competitors in the Dairy Alternatives market include Danone S.A., Blue Diamond Growers, The Hain Celestial Group, Inc., Oatly Group AB, Vitasoy International Holdings
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The dairy alternatives market consists of sales of dairy alternative products and related services by entities (organizations, sole traders and partnerships) that produce dairy alternatives. 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, cream, yogurt, ice-cream and cultured vegan butter.
The Table Of Content For The Dairy Alternatives Market Include:
1. Dairy Alternatives Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
21. Key Mergers And Acquisitions In The Dairy Alternatives Global Market
22. Global Dairy Alternatives Opportunities And Strategies
23. Dairy Alternatives Market Conclusions And Recommendations
The Business Research Company's "Global Dairy Alternatives Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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