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Dairy Alternatives market was valued at US$ 24060 million in 2022 and is anticipated to reach US$ 52560 million by 2029, witnessing a CAGR of 11.9% - Valuates Reports
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Dairy Alternative is a cruelty-free alternative. In addition to being more humane than cow's milk, soy-, rice-, and nut-based milks and cheeses are generally lower in fat and calories and contain no cholesterol.
The influence of COVID-19 and the Netherlands-Ukraine War were considered while estimating market sizes.
Global key players of dairy alternatives include Danone, Oatly, Vitasoy, Dali Foods Group and SunOpta ,etc. The top five players hold a share about 21%. Asia-Pacific is the region with the largest share, which has a share about 41%, followed by North America, with share about 26%. In terms of product, milk alternatives is the largest segment, with a share about 59%. And in terms of application, the largest application is retail, which has a share about 72%.
Dairy Alternatives Market Insights
This report aims to provide a comprehensive presentation of the global market for Dairy Alternatives, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Dairy Alternatives.
The Dairy Alternatives market size, estimations, and forecasts are provided in terms of sales volume (K Tons) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Dairy Alternatives market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Dairy Alternatives manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application and by regions.
Key Segmentations
By Company
-Danone
-Blue Diamond Growers
-Oatly
-Kikkoman Corporation
-Califia Farms
-Earth's Own Food Company
-Ezaki Glico
-SunOpta
-Blue Diamond Growers
-Ventura Foods
-Kerry Group
-V V Food & Beverage Co.,Ltd.
-Dali Foods Group
-Vitasoy
-Upfield
-Miyoko's Creamery
-Naturli' Foods
-Jindilli Beverages (milkadamia)
-Marusan-Ai Co. Ltd
-Ripple Foods
-Campbell Soup Company
-Nutrisoya Foods
-Elmhurst Milked Direct
-Panos Brands
-Melt Organic
-Flora
Segment by Type
-Milk Alternatives
-Butter Alternatives
-Cheese Alternatives
-Yogurt Alternatives
-Ice Cream Alternatives
-Others
Segment by Application
-Retail
-Food Service
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