Non-Dairy Beverages Market Expands as Consumers Embrace Plant-Based Alternatives to Traditional Dairy Products
Non-dairy beverages market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 12.00% in the above-mentioned forecast period. The increasing consumer preference for different flavours drives the non-dairy beverages market.
Non-Dairy Beverages Market is a food paste made from either roasted or raw almonds. Almond butter is high in unsaturated fats, which are good for your heart. It is also high in proteins, vitamins, and minerals. Almond butter has a slightly sweet, mild roasted almond flavour, and some manufacturers make almond butter from blanched almond, which tastes like peanut butter and is easy to digest. It has a creamy, smooth texture. Almond butter comes in a variety of flavours and textures.
Application (Food Industry, Cosmetics Industry, Other Applications), Distribution Channel (Online Retail, Hypermarkets and Supermarkets, Departmental Stores and Convenience Stores), Type (Raw Almond Butter, Roasted Almond Butter)
Scope of the Non-Dairy Beverages Market
On the basis of product type, the Non-Dairy Beverages Market is segmented into aqueous ink, solvent-based ink, UV-cured ink, eco-solvent ink, latex-based ink and others. Others have further been segmented into invisible ink, conductive ink and toner.
Based on technology, the Non-Dairy Beverages Market is segmented into inkjet printing technology, continuous inkjet printing technology, drop-on-demand inkjet printing technology and laser printing technology.
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Key Market Competitors Covered in the Report
The major players covered in the non-dairy beverages market report are Thurella AG, GOOD KARMA FOODS, INC., Health-Ade Kombucha., Millennium Products Inc, Fentimans, Konings, GT'S LIVING FOODS, Lifeway Foods, Inc., KeVita, Boston Beer Co, Nestlé, Yakult Honsha Co., Ltd, PepsiCo, Beverage Dynamics, Bionade GmbH, Danone, Biosa Inc., DuPont., Chr. Hansen Holding A/S and Mother Dairy Fruit & Vegetable Pvt. Ltd. other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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Regional Analysis :
Non-dairy beverages market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
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COVID-19 Impact on Non-Dairy Beverages Market :
COVID-19 Pandemic is a worldwide pandemic that has affected many countries. It has wreaked havoc on the business and marketing fields. The supply chain was disrupted from one location to another due to transportation restrictions for export and import. Transport of raw materials such as almond butter and related items to industries is also restricted. As a result of a lack of raw materials and a lack of manpower, the manufacturing industries faced numerous challenges, leading to a shutdown. As a result, almond butter production is delayed. Reduced production results in decreased demand for the product. However, as the number of Corona cases decreases and the lockdowns are lifted, the Non-Dairy Beverages Market grows rapidly.
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