Press release
Dairy Alternative Industry to Witness Massive Growth (2024-2031) | Blue Diamond Growers, Earth's Own Food Company, Inc., Valsoia, Triballat Noyal
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The Dairy Alternative market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Market Definition
The global dairy alternatives market is experiencing growth primarily due to the rising population of lactose intolerant individuals and changing consumer perceptions about health. Increasing partnerships among key players further drive market demand, such as the collaboration between Strive Nutrition Corp., a plant-based beverages manufacturer, and Perfect Day, a food technology company, which launched a new line of milk alternatives in June 2022.
The market is also benefiting from the increasing demand for dairy alternatives among vegans and the introduction of new flavors and varieties. Manufacturers are responding to consumer preferences by developing a wide range of dairy alternative products. For example, Chobani LLC launched a non-GMO plant-based coffee cream line in January 2022, available in four flavors and free from artificial flavors and sweeteners.
Forecast Growth Projected:
The Global Dairy Alternative Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2030. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Dairy Alternative Market:
Blue Diamond Growers, Earth's Own Food Company, Inc., Valsoia, Triballat Noyal, The Whitewave Foods Company, Sunopta Inc., Döhler GmBH, Free-dom Foods Group Limited, Eden Foods Inc. and Nutriops S.L.
Segment Covered in the Dairy Alternative Market:
By Type (Almond Milk, Soy Milk, Coconut Milk, Cashew Milk, Others)
By Application (Milk, Beverages, Frozen dessert, Yogurt, Others)
By Formulation Type (Original & Sweetened, Original & Unsweetened, Flavoured & Sweetened, Flavoured & Unsweetened)
Regional Analysis:
The global Dairy Alternative Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Dairy Alternative Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Dairy Alternative Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Dairy Alternative manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Dairy Alternative in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
Get a Free Sample PDF copy of the report @ https://datamintelligence.com/download-sample/dairy-alternative-market
FAQs
How big is the Dairy Alternative Market?
The Dairy Alternative Market size was USD 22.2 in 2022. It is expected to reach USD 44.6 in 2031.
How fast is the Dairy Alternative Market growing?
The Dairy Alternative Market will exhibit a CAGR of 8.9% during the forecast period, 2024-2031.
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights, and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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