Press release
Dairy Alternatives 2017 Global Key Players – WhiteWave Foods Company (U.S.), Blue Diamond Growers (U.S.), Vitasoy International (Hong Kong), Sunopta (Canada), Earth’s Own Food (Canada) Market Analysis And Forecast To 2022
Dairy Alternatives Market 2017Wiseguyreports.Com Adds “Dairy Alternatives-Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2022” To Its Research Database.
Description:
Dairy alternative beverages are plant based milk which is extracted through grains, nuts and seeds. Unlike the regular dairy beverages they have low cholesterol and low fat content. Dairy intolerant, vegans and individuals with milk allergies primarily consume dairy alternative beverages.
The global dairy alternative beverage market is categorized into various types of milk such as:
Rice
Almond
Soy
Coconut
Cashew
Oat and Others
These are some of the widely used substitutes for milk. The dairy alternatives market is estimated to grow at a CAGR of 9.9% from 2016 to 2021. The overall market is also presented from the perspective of different geographic regions and the key countries in each region. Asia-Pacific is the dominant market which held close to 60% of the overall market in 2015, whereas RoW encompassing South America, Middle East and Africa is forecast to be fastest growing market.
Dairy alternative beverages are distributed through supermarkets, health food stores, convenience stores, pharmacies and others. These products are available in several formulations including plain, flavored, sweetened and non-sweetened. Supermarket is the most preferred channel by the consumer as well as product provider in this market.
The major players in this market include:
WhiteWave Foods Company (U.S.)
Blue Diamond Growers (U.S.)
Vitasoy International (Hong Kong)
Sunopta (Canada)
Earth’s Own Food (Canada)
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These companies have significant presence in the dairy alternatives (beverage) market with wide product mix and considerable brand image. However, the geographical reach of market players is limited to few regions. More consolidation is expected in the coming years as manufacturers focus on developing and launching products from emerging sources with new flavors and nutrient fortification.
Key Takeaways:
Almond Milk dominates the market, whereas coconut milk is estimated to be the fastest growing segment
Dairy alternatives are supplemented/fortified with essential nutrients such as calcium and vitamin D to enhance the nutritional profile of the offerings
Growing instances of intolerance and allergies coupled with rising health consciousness among consumers is driving the market for dairy alternatives
Plain non-sweetened and flavored sweetened formulations of dairy alternative beverages are estimated to witness fastest growth
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Table of Contents:
Global Dairy Alternative (Beverage) Market Overview
2. Executive Summary
3. Global Dairy Alternative (Beverage) Market Landscape
3.1. Market share Analysis
3.2. Competitive Analysis
3.2.1. Patent Analysis
3.2.2. Top 5 Financial Analysis
4. Global Dairy Alternative (Beverage) - Market Forces
4.1. Market Drivers
4.1.1. Growing demand of plant based milk especially from women millennial
4.1.2. Organic and natural dairy alternatives to drive the market
4.1.3. Increasing awareness about dairy alternative products and their benefits coupled with growing vegan population
4.1.4. Rising incidences of dairy milk allergies and lactose-intolerance
4.1.5. Manufacturers are focusing on enhanced nutrition and positioning dairy alternative products as high protein level and lactose-free dairy products thus attracting consumers
4.1.6. Growing demand for soy, rice and almond milk proteins
4.1.7. Innovation in flavors and sources of dairy alternative beverages to drive the market
4.2. Market Constraints
4.2.1. High cost of dairy alternative milk compared to conventional milk
4.2.2. Non-Availability of quality raw materials
4.3. Market Challenges
……..
Company Profiles
12.1. Blue Diamond Growers Inc.(U.S.)
12.2. Earth's Own Food Company Inc. (Canada)
12.3. Eden Foods Inc. (U.S.)
12.4. Freedom Foods Group Ltd. (Australia)
12.5. Grupo Leche Pascual, SA (Spain)
12.6. Hain Celestial Group, Inc. (U.S.)
12.7. Living Harvest Foods Inc. (U.S.)
12.8. Nutriops S.L. (Spain)
12.9. Oatly AB (Sweden)
12.10. Organic Valley Family of Farms (U.S.)
12.11. Pacific Foods of Oregon, Inc. (U.S.)
12.12. Panos Brands LLC (U.S.)
12.13. Pure Harvest (Australia)
12.14. Sanitarium and Health Well Being Company (Australia)
12.15. Stremicks Heritage Foods LLC (U.S.)
12.16. SunOpta Inc. (Canada)
12.17. The Bridge S.R.L. (Italy)
12.18. Turtle Mountain LLC (U.S.)
12.19. Vitasoy International Holdings Limited (Hong Kong)
12.20. White Wave Foods Company (U.S.)
Continued…..
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