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Dairy Alternatives Market Projected to Reach Nearly USD 61.49 Billion by 2030, Growing at a CAGR of 12.62%

07-08-2024 07:35 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

๐ƒ๐š๐ข๐ซ๐ฒ ๐€๐ฅ๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐ƒ๐š๐ข๐ซ๐ฒ ๐€๐ฅ๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐“๐ก๐ž ๐‘๐ข๐ฌ๐ข๐ง๐  ๐“๐ข๐๐ž ๐จ๐Ÿ ๐ƒ๐š๐ข๐ซ๐ฒ ๐€๐ฅ๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐ฏ๐ž๐ฌ: ๐€ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

The global Dairy Alternatives Market has been experiencing robust growth, driven by shifting consumer preferences towards healthier, plant-based options. As of 2023, the market was valued at USD 26.76 Billion and is projected to expand at a CAGR of 12.62%, potentially reaching USD 61.49 Billion by 2030. This growth trajectory underscores a significant shift in dietary choices worldwide, influenced by several key factors.

๐Ž๐›๐ญ๐š๐ข๐ง ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ซ๐ข๐ฆ๐ฆ๐ข๐ง๐  ๐ฐ๐ข๐ญ๐ก ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐ฏ๐ž ๐†๐ซ๐š๐ฉ๐ก๐ฌ: https://www.maximizemarketresearch.com/request-sample/25430/

๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐ƒ๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ƒ๐š๐ข๐ซ๐ฒ ๐€๐ฅ๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

Increasing incidences of dairy allergies and lactose intolerance have propelled consumers towards dairy alternatives. Moreover, the rise in vegan, vegetarian, and flexitarian diets has amplified demand for plant-based products. Growing awareness about environmental sustainability and animal welfare has steered consumers away from traditional dairy products towards more sustainable alternatives.

๐ƒ๐š๐ข๐ซ๐ฒ ๐€๐ฅ๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

Asia-Pacific (APAC) emerges as a leading market for dairy alternatives, with countries like India, China, Japan, and South Korea driving significant consumption. These regions collectively hold over 70% of the market share, reflecting a strong preference for plant-based diets. Oat milk has shown remarkable growth, with sales increasing by 117.9% in recent years, indicative of shifting consumer preferences towards newer, non-traditional milk alternatives.

๐‚๐จ๐ง๐ฌ๐ฎ๐ฆ๐ž๐ซ ๐๐ž๐ก๐š๐ฏ๐ข๐จ๐ฎ๐ซ ๐š๐ง๐ ๐ƒ๐š๐ข๐ซ๐ฒ ๐€๐ฅ๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ

The United States has witnessed a notable increase in milk alternative consumption, with households spending 6.3% more on non-dairy options. This trend highlights a broader societal shift towards healthier and environmentally conscious dietary choices.

๐ƒ๐š๐ข๐ซ๐ฒ ๐€๐ฅ๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ

While dairy alternatives present immense growth opportunities, they also pose challenges such as regulatory scrutiny and nutritional concerns. Regulatory bodies are increasingly focusing on labelling and nutritional equivalence, ensuring clarity and consumer trust in these products.

๐ƒ๐š๐ข๐ซ๐ฒ ๐€๐ฅ๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค

Looking ahead, the dairy alternatives market is poised for continued expansion, driven by innovation in product development and increasing consumer awareness. Regions like India are expected to offer lucrative growth avenues, supported by rising health consciousness and dietary modifications.

In conclusion, the dairy alternatives market is not just a response to dietary restrictions but a reflection of evolving consumer values towards health, sustainability, and ethical consumption. As the market matures, stakeholders can capitalize on these trends by innovating and diversifying product offerings to meet growing demand effectively. This evolution marks a transformative phase in the food industry, paving the way for a more sustainable and inclusive market landscape.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐•๐ข๐ฌ๐ฎ๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/25430/

๐ƒ๐š๐ข๐ซ๐ฒ ๐€๐ฅ๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐‚๐จ๐ฏ๐ž๐ซ๐ž๐:

๐๐ฒ ๐’๐จ๐ฎ๐ซ๐œ๐ž ๐’๐จ๐ฒ
Almond
Coconut
Rice
Oats
Others

๐๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ
Supermarket & Hypermarkets
Convenience Stores
Online retail
Others

Applications for soft rubber liner systems are numerous and include process industry protection from chemicals and harsh weather conditions. Sites needing mechanical, thermal, and chemical protection can use soft rubber lining systems. Hard rubber lining systems, which can withstand temperatures of up to 125ยฐC, are highly effective at preventing corrosion in process industries by utilizing premium natural and synthetic rubbers. Systems with hard rubber linings are effective and resistant to many substances, including bases, organic solvents, aqueous solutions, and mineral acids. Hard rubber lining systems already hold a sizable portion of the market for corrosion protection rubber coatings, and it is predicted that they will continue to hold this position during the projection period.

๐‹๐ž๐š๐๐ข๐ง๐  ๐ƒ๐š๐ข๐ซ๐ฒ ๐€๐ฅ๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ, ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

1. Danone North America Public Benefit Corporation (US)
2. Elmhurst Milked Direct LLC (US)
3. The Hain Celestial Group, Inc. (US)
4. Blue Diamond Growers (US)
5. Eden Foods, Inc. (US)
6. Hiland Dairy (US)
7. Ripple Foods (US)
8. Kite Hill (US)
9. Califia Farms, LLC (US)
10. Rude Health (US)
11. Miyoko's Creamery (US)
12. PANOS Brand (US)
13. Daiya Foods Inc. (Canada)
14. Earth's Own Food Company Inc. (Canada)
15. SunOpta (Canada)
16. Vly (Germany)
17. Valsoia S.p.A (Italy)
18. Qatly Group AB (Sweden)
19. Triballat Noyal (France)
20. Nutriops, S.L. (Spain)
21. Nestlรฉ SA (Switzerland)
22. PureHarvest (Australia)
23. One Good (India)
24. Freedom Foods Group Limited (Australia)
25. Sanitarium (New Zealand)

For more detailed insights into the Dairy Alternatives Market, including regional analyses and emerging trends, refer to the latest market research reports and updates.

๐‘๐ž๐ฏ๐ž๐š๐ฅ ๐ˆ๐ฆ๐ฉ๐จ๐ซ๐ญ๐š๐ง๐ญ ๐ƒ๐š๐ญ๐š ๐๐จ๐ข๐ง๐ญ๐ฌ ๐ข๐ง ๐Ž๐ฎ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ญ๐ฎ๐๐ฒ: https://www.maximizemarketresearch.com/market-report/global-dairy-alternatives-market/25430/

๐“๐š๐›๐ฅ๐ž ๐จ๐Ÿ ๐‚๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ: ๐ƒ๐š๐ข๐ซ๐ฒ ๐€๐ฅ๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

โ€ข Introduction: An overview of the Dairy Alternatives Market.
โ€ข Report Objectives: The aims and constraints of the Dairy Alternatives Market report.
โ€ข Market Overview: An in-depth look at the Dairy Alternatives Market environment.
โ€ข Market Evaluation: A present assessment of the Dairy Alternatives Market's size.
โ€ข Type Segmentation: A classification of the Dairy Alternatives Market by types.
โ€ข Competitive Analysis: A study of the competitive forces within the market.
โ€ข Customer Insights: Information on the demographics and behaviors of customers.
โ€ข Regional Analysis: An evaluation of the market in various regions.
โ€ข Decision Tools: Frameworks and criteria for making informed market decisions.
โ€ข Growth Factors and Challenges: Elements that drive growth and present obstacles.
โ€ข Market Dynamics: Current trends impacting the Dairy Alternatives Market.
โ€ข Vendor Overview: A summary of key vendors in the Dairy Alternatives Market.
โ€ข Vendor Examination: A thorough analysis of significant vendors.

๐Š๐ž๐ฒ ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ข๐ž๐ฌ ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

โ€ข What are the components of Dairy Alternatives Derivatives?
โ€ข What is the current growth trajectory of the Dairy Alternatives Market?
โ€ข Who are the key players in the Dairy Alternatives Market?
โ€ข What factors are propelling growth in the Dairy Alternatives Market?
โ€ข Which company or organization holds the largest market share in the Dairy Alternatives Market?
โ€ข How is the demand evolving for the Dairy Alternatives Market?
โ€ข What are the notable trends in the Dairy Alternatives Market?
โ€ข What strategies are competitors using in the Dairy Alternatives Market?
โ€ข What are the growth opportunities in emerging regions for the Dairy Alternatives Market?
โ€ข Which segment is projected to grow the fastest, and why?

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

โ€ข Historical Market Size and Competitive Landscape (2019-2022): Review of market size and competitive dynamics over the past few years.
โ€ข Historical Pricing and Price Trends by Region (2019-2023): Study of past pricing trends and patterns across various regions.
โ€ข Market Size, Share, and Forecast by Segment (2023-2030): Forecasts of market size, share, and segmentation for the coming years.
โ€ข Market Dynamics: Insights into growth drivers, restraints, opportunities, and key trends by region.
โ€ข Market Segmentation: Detailed analysis segmented by product, end-user, distribution channel, and region.
โ€ข Competitive Landscape: Comprehensive profiles of key regional players with strategic insights.
โ€ข Competitive Landscape - Market Leaders, Market Followers, Regional Players: Summary of market leaders, followers, and regional players.
โ€ข Competitive Benchmarking of Key Players by Region: Comparative evaluation of major players across various regions.
โ€ข PESTLE Analysis: Examination of political, economic, social, technological, legal, and environmental factors impacting the market.
โ€ข PORTER's Five Forces Analysis: Analysis of competitive forces shaping the market.
โ€ข Value Chain and Supply Chain Analysis: Thorough examination of the market's value and supply chains.
โ€ข Legal Aspects of Business by Region: Investigation of legal factors affecting business operations in different regions.
โ€ข Lucrative Business Opportunities with SWOT Analysis: Identification of profitable business opportunities using SWOT analysis.
โ€ข Recommendations: Strategic advice based on market analysis.

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐š๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ซ๐ž๐ฅ๐ž๐ฏ๐š๐ง๐ญ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

1. Trauma Implants Market https://www.maximizemarketresearch.com/market-report/trauma-implants-market/165016/

2. Indian Paper & Pulp Market https://www.maximizemarketresearch.com/market-report/indian-paper-pulp-market/29044/

3. Oil Well Cement Market https://www.maximizemarketresearch.com/market-report/global-oil-well-cement-market/65322/

4. Automotive Predictive Maintenance Market https://www.maximizemarketresearch.com/market-report/global-automotive-predictive-maintenance-market/40463/

5. AntiSlip Coatings Market https://www.maximizemarketresearch.com/market-report/global-anti-slip-coatings-market/28601/

6. Duty Free Retailing Market https://www.maximizemarketresearch.com/market-report/duty-free-retailing-market/145803/

7. Blowfillseal Technology Market. https://www.maximizemarketresearch.com/market-report/global-blow-fill-seal-technology-market/28636/

8. Metal Recycling Equipment Market https://www.maximizemarketresearch.com/market-report/metal-recycling-equipment-market/146220/

9. Muscle Stimulator Market https://www.maximizemarketresearch.com/market-report/global-muscle-stimulator-market/54396/

10. Virtual Power Plant Market https://www.maximizemarketresearch.com/market-report/virtual-power-plan-market/14847/

๐Ž๐ฎ๐ซ ๐€๐๐๐ซ๐ž๐ฌ๐ฌ:

MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Maximize Market Research is swiftly growing as a premier market research and business consulting company, serving clients worldwide. Our research initiatives, which focus on driving revenue and promoting growth, have garnered the confidence of numerous Fortune 500 companies. We provide a comprehensive array of services across diverse sectors such as IT & telecom, chemicals, food & beverage, aerospace & defence, healthcare, and many others.

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Organic Milk Market By Key Players: Arla Food, Horizon Organic, Organic Valley, โ€ฆ
Organic Milk Industry Overview Organic Milk is a type of drinking milk that made from organic raw milk with organic certification (Such as EU-Eco-regulation, USA NOP, etc.). Theย Organic Milk market research studyย relies uponย a combination of primary as well as secondary research. It throws light on the key factorsย concerned withย generatingย andย limitingย Organic Milk market growth.ย In addition, theย currentย mergers and acquisition byย keyย players in the market have beenย describedย at length.ย Additionally, the historical information andย currentย growth of the market haveโ€ฆ
12-13-2018 | Industry, Real Estate & Constr โ€ฆ
Fact.MR
Global Dairy Stabilizers Market to Experience Significant Growth during the Fore โ€ฆ
The global dairy stabilizers market is likely to foresee a tremendous rise in its demand due to the rise in consumption of dairy products. Increasing urbanization has made the trend for consumption of fast foods and processed foods which are known to have chemicals and other harmful ingredients. These products have made a harmful impact on oneโ€™s health. One of visible result of consumption of these types of foods areโ€ฆ
09-27-2018 | Business, Economy, Finances, B โ€ฆ
Market Research Hub
Dairy and Non-dairy Milk Market: Health Benefits of Non-Dairy Milk to Increase A โ€ฆ
Milk is characterized by two incredibly different markets such as dairy milk market and non-dairy milk market. Dairy market is large in size however have declining growth rate whereas, non-dairy is small but is quickly gaining traction across the globe owing to health benefits associated with it. Products with strong functional and ethical claims witnesses areas of opportunity for both milk markets and overall premiumzation of milk is likely toโ€ฆ
08-07-2018 | Business, Economy, Finances, B โ€ฆ
Accord Market
Global Organic Dairy Food and Drinks Market 2018 - DCI Cheese Company, Alto Dair โ€ฆ
"Accord Market, recently published a detailed market research study focused on the โ€œOrganic Dairy Food and Drinks Marketโ€ across the global, regional and country level. The report provides 360ยฐ analysis of โ€œOrganic Dairy Food and Drinks Marketโ€ from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the futureโ€ฆ