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Global Dairy Alternatives Market is estimated to reach $28,745 Million by 2025; growing at a CAGR of 13.1% from 2017 to 2025. Dairy alternatives are lactose-free products which are used as a replacement of
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Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com Global Dairy Alternative Market 2017 – 2025 Published by :Accurize Market Research Pvt. Ltd.
Global Dairy Alternative Market is Estimated to Reach $28,745 Million by 2025 • GlobalDairy Alternative Market report published by Accurize Market Research forecast that the global market is expected to reach $28,745 million by 2025; growing at a CAGR of 13.1% from 2017 to 2025. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period. • Request Sample: https://www.accurizemarketresearch.com/report/dairy-alternative-market/sample-request Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Global Dairy Alternative Market is Estimated to Reach $28,745 Million by 2025 • Nutritional benefits such as low cholesterol content, great protein content, and rising consumer preference for a vegan diet to drive the growth of the market • Nutritional benefits such as low cholesterol content, great protein content, and rising consumer preference for a vegan diet fuels the demand for the global dairy alternative market. Furthermore, the rising number of dairy allergic and lactose intolerant shoppers also boosts the growth of the market. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Market Segmentation • The global dairy alternative market has been bifurcated on the basis of source, application, distribution channel, and geography. • On the basis of source, the classification includes almond milk, soy milk, rice milk, and other sources. The application segment can be sub-segmented into food (yogurt, creamer, spread, tofu, and other foods), and beverages. • Also, on the basis of the distribution channel, the segmentation is given as large retail, small retail, specialty store, and online. • By geography, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Market Segmentation • North America is further bifurcated in the U.S., Canada, and Mexico, whereas Europe segment consists of the UK, Germany, France, and Rest of Europe. • Asia-Pacific is segmented into China, Japan, and Rest of Asia-Pacific while RoW is bifurcated into South America, the Middle East, and Africa. • Customize Report: https://www.accurizemarketresearch.com/report/dairy-alternative-market/ask-for-customization Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Market Segmentation • “Soy milk accounted for the largest market share source segment”, says Accurize • In the source segment, soy milk accounted for more than half of the total market share in 2017and is estimated to continue its dominance during the forecast period. • The high growth of soy milk can be attributed to the excess of varieties, in terms of flavors, fat content, blends, and formulations • Beverages, in the application segment, occupied the maximum market share accounting for more than two-thirds of the total market share and is likely to achieve the fastest CAGR throughout the forecast period 2017 – 2025. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Market Segmentation • "Asia-Pacific dominated the global market with the highest market share over the forecast period", says Accurize • Asia-Pacific dominated the market with 43% market share in 2017, owing to increasing consumer demand for lactose-free food products as well as the richness of soy-based dairy-free products. Moreover, Asia-Pacific is also anticipated to reach the fastest CAGR during the forecast period, due to increasing population and rise in the disposable income of the consumers. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Top players in the market • Major companies operating in the market include: • Hain Celestial Group Inc • Blue Diamond Growers • Organic Valley, Eden Foods, Inc • Hudson River Foods • WhiteWave Foods Company • SunOpta Inc • Earth's Own Food Company Inc • BRIDGE S.R.L • Döhler GmbH Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
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