Dairy Alternatives Market

1. Dairy Alternatives Market 2024-2036 | Size, Growth, Industry Trends and Insights Report Research Nester assesses the growth and market size of the global dairy alternatives market which is anticipated to be on account of the growing population and growing health consciousness among people. Research Nester’s recent market research analysis on “Dairy Alternatives Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global dairy alternatives market in terms of market segmentation by source, nutrient, product, formulation, distribution channel, and by region. Growing Number of Vegetarians to Promote Global Market Share of Dairy Alternatives The global dairy alternatives market is estimated to grow majorly on account of the increasing number of people switching to vegetarian or vegan diets. Due to rising concern about animal suffering and the environmental effects of meat eating, vegetarianism is gradually becoming more popular in developed economies worldwide. For instance, vegetarianism is the most popular plant-based diet, with over 1 billion adherents globally. Request Free Sample Copy of this Report @ https://www.researchnester.com/sample-request-6165 The world has also seen an increase in the market for vegan meals, which has led to a growing inclination toward dairy alternatives. Additionally, several plant-based substitutes for dairy and milk are being created, and the use of these goods is rising as consumers are looking to move away

2. from regular dairy towards healthier, more environmentally friendly options. Furthermore, most individuals lose their ability to break down lactose as they get older, which results in a decline in their tolerance to lactose, leading to higher demand for lactose-free milk alternatives like almond, coconut, and soy milk, which are readily available at most supermarkets. Some of the major growth factors and challenges that are associated with the growth of the global dairy alternatives market are: Growth Drivers: Surge in Product Innovations Globally Rising Focus on Sustainability Challenges: The side effects and the high cost are some of the major factors anticipated to hamper the global market size of dairy alternatives. There are adverse effects associated with switching from dairy milk to plant- based substitutes like almond, soy, oat, or coconut milk as certain plant milks contain thickeners like carrageenan that may irritate some people's stomachs or create other digestive problems. Furthermore, a complete move to plant-based milk would usually result in lower intakes of protein, phosphorus, choline, and vitamin B12, which is likely to limit market demand. By product, the global dairy alternatives market is segmented into milk, ice cream, yogurt, cheese, creamers, and butter. The milk segment is to garner the highest revenue by the end of 2036 by growing at a significant CAGR over the forecast period. Supermarkets offer a variety of substitutes for milk, including soy milk which are excellent providers of

3. both protein and calcium and can be included in a nutritious, well- balanced diet. Request for customization @ https://www.researchnester.com/customized-reports-6165 Switching from dairy milk to plant-based milk such as almond, soy, oat, or coconut milk is known to lower the emissions of greenhouse gases from food by over 8%, respectively. By 2036, the soy category is expected to have grown to a sizeable market share as it is known to lower cholesterol, lower blood pressure, fight inflammation, and help with weight loss or maintenance by reducing waist circumference in overweight or obese individuals. Also, animal milk can be replaced with dairy-free almond milk, which is rich in magnesium, has a low-calorie, high-vitamin, and can be consumed by those who are lactose intolerant. By region, the Europe dairy alternatives market is to generate the highest revenue by the end of 2036. This growth is anticipated by a growing number of vegans in the region. With over 5% of its population identifying as vegan, Sweden is frequently cited as having one of the largest percentages of vegans in Europe. In recent years, the vegan diet has become more and more popular around Europe as a dietary choice because of expanding consumer awareness about health, and climate change, and the rising focus on sustainability. This has led to an increase in demand for dairy alternatives in the region. Particularly, in 2023, there were more than 6 million vegans in the designated area of the EU. Moreover, plant milk in general is becoming more and more popular in Europe, which is likely to drive market demand for milk alternatives

4. such as almond, and soy milk. A new survey indicates that more than 52% of customers in Europe genuinely prefer plant-based milk. This report also provides the existing competitive scenario of some of the key players of the global dairy alternatives market which includes company profiling of Blue Diamond Growers, Organic Valley Family of Farms, ADM, The Whitewave Foods Company, The Hain Celestial Group, Inc., Daiya Foods Inc., Eden Foods, Inc., Nutriops, S.L., Earth’s Own Food Company, SunOpta Inc., Freedom Foods Group Ltd., and others. Access our detailed report @ https://www.researchnester.com/reports/dairy-alternatives- market/6165 About Research Nester- Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties. Contact for more Info: AJ Daniel Email: info@researchnester.com U.S. Phone: +1 646 586 9123 U.K. Phone: +44 203 608 5919