Press release
Dairy Alternatives Market Exhibit a Remarkable CAGR of 11.5% and is projected to reach USD 79.55 Billion by 2032
Dairy Alternatives Market
A milk substitute is any material that looks like milk and can be used in the same manner as milk. These substances are also known as non-dairy beverages, nut milk, grain milk, legume milk, mimic milk, and substitute milk. There are several lactose-free dairy products available for persons who are lactose intolerant. These include the same vitamins and minerals as regular dairy products. Still, they also include an enzyme called lactase, which aids in the digestion of lactose and prevents symptoms from occurring.
๐๐๐ฒ ๐๐ญ๐๐ญ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ:
โ The global dairy alternatives market size was valued at USD 29.89 billion in 2023 and is expected to grow to USD 79.55 billion by 2032.
โ The industry is expected to expand at a CAGR of 11.5% during the forecast period from 2024 to 2032.
โ The market is primarily segmented on the basis of source, product, distribution channel, and region.
โ Over the projection period, the Asia Pacific is expected to be the most significant region for the global industry.
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๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
Major players worldwide are investing in research and development to develop new dairy alternatives. The market's major participants in the industry are:
โข The Hain Celestial
โข Blue Diamond Growers
โข SunOpta
โข Sanitarium Health and Wellbeing Company
โข Danone
โข Freedom Foods Group
โข Earth's Own Food Company
โข Triballat Noyal
โข Valsoia S.p.A
โข Panos Brands
โข Melt Organic
โข Oatly
โข Living Harvest Foods
โข Ripple Foods
โข Kite Hill
โข Califia Farms
โข Hudson River Foods Inc.
โข Daiya Foods Inc.
โข Pureharvest
โข Yoconut Dairy Free
โข Yumbutter.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ ๐๐๐ญ๐จ๐ซ๐ฌ:
The global dairy alternatives market is primarily driven by the growing number of lactose-intolerant people and the growing number of people who follow vegan diets and shun animal-derived products. During the estimated period, dairy alternatives are expected to accelerate the growth of the alternatives market. The number of people adopting a vegan diet has expanded around the world, with the majority eschewing animal-based goods, raising the need for dairy replacements based on soy, coconut, almond, hazelnut, and other similar items.
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ: https://www.polarismarketresearch.com/buy/753/2
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
Dairy Alternatives Market Share, Size, Trends, Industry Analyss by Source (Soy, Almond, Coconut, Rice, Oats, Others), Product; Distribution Channel, Region, Segment Forecast, 2024 to 2032. This information provides a thorough understanding of market shares, size, current trends, and sales value.
๐๐ ๐ฆ๐ผ๐๐ฟ๐ฐ๐ฒ
โข Soy
โข Almond
โข Coconut
โข Rice
โข Oats
โข Others
๐๐ ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐
โข Milk
โข Yogurt
โข Cheese
โข Ice cream
โข Creamer
โข Others
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
โข North America (U.S., Canada)
โข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โข Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/dairy-alternatives-market
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
๐๐ฟ๐ฒ๐๐ฒ๐ฟ๐ ๐๐พ๐๐ถ๐ฝ๐บ๐ฒ๐ป๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐: https://www.polarismarketresearch.com/industry-analysis/brewery-equipment-market
๐๐ถ๐บ๐ฐ๐ต๐ถ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐: https://www.polarismarketresearch.com/industry-analysis/kimchi-market
๐ค๐๐ถ๐ป๐ผ๐ฎ ๐ฆ๐ฒ๐ฒ๐ฑ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐: https://www.polarismarketresearch.com/industry-analysis/quinoa-seeds-market
๐๐ฎ๐ธ๐ฒ๐ฟ๐ ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐: https://www.polarismarketresearch.com/industry-analysis/bakery-products-market
๐๐ฟ๐๐ฐ๐๐ผ๐ผ๐น๐ถ๐ด๐ผ๐๐ฎ๐ฐ๐ฐ๐ต๐ฎ๐ฟ๐ถ๐ฑ๐ฒ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐: https://www.polarismarketresearch.com/industry-analysis/fructooligosaccharides-market
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