Press release
Dairy Alternatives Market - Know the Prominent Factors That Will Help in Reshaping the Market Growth
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Dairy Alternatives are products that are made to replace traditional dairy products. They are often made from plant-based ingredients such as soy, almonds, or coconuts. Dairy Alternatives can be used in many different ways, such as in baking, as a coffee creamer, or as a dairy-free alternative to milk.
Key Trends
Some of the key trends in dairy alternatives are:
More plant-based options: There are more plant-based dairy alternatives available now than ever before. This includes options made from soy, almond, coconut, and even hemp.
Increased accessibility: Thanks to the rise in popularity of dairy alternatives, these products are now more widely available than ever before. You can find them in most grocery stores and even some convenience stores.
Better taste: Dairy alternatives have come a long way in terms of taste and texture. Thanks to advances in food technology, many of these products now taste and feel very similar to traditional dairy products.
Health benefits: Many people choose dairy alternatives for health reasons. For example, soy milk is a good source of protein and is low in saturated fat.
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Market Segments
By Source
Soy
Almond
Coconut
Rice
Oats
Others
By Product
Milk
Yogurt
Ice Cream
Cheese
Creamer
Others
By Distribution Channel
Supermarkets & Hypermarkets
Convenience Stores
Online Retail
Others
Key Players
Danone
Unilever
Nestle
General Mills
WhiteWave Foods
Dean Foods
Organic Valley
So Delicious Dairy Free
Alpro
Silk
Rice Dream
The Hain Celestial Group, Inc.
SunOpta Inc.
Oatly
Vitasoy International Holdings Limited
Daiya Foods Inc.
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Key Drivers
The dairy alternatives market is driven by the increasing demand for plant-based milk, cheese, and yogurt. The rising health consciousness among consumers is the key driver of the dairy alternatives market. The increasing awareness of the health benefits of plant-based milk, cheese, and yogurt is driving the growth of the dairy alternatives market. The dairy alternatives market is also driven by the increasing demand for lactose-free and vegan products.
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Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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