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Increase in obese population and rising demand for chemical-free, plant based milk products are the major factors boosting the dairy alternative market.
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Fraud Detection & Prevention Mark Dairy Alternative Market Market Met Skim Market 133 Pages Report Global Opportunity Analysis & Industry Global Opportunity Global Opportunity Opportunity Analysis Opportunity Analysis Global Opportunity Analysis and Industry Analysis and Industry Analysis and Industry Global Opportunity Analysis and Industry Analysis and Industry and Industry Forecast, and Industry Forecast, 2014 - 2022 Forecast, 2014-2022 Global Opportunity Global Opportunity Analysis and Industry Forecast, 2017-2023 Forecast, 2014-2022 Forecast, 2014 - 2022 2014-2022 Forecast, 2014-2022 Forecast 2030 Forecast 2022 Download Request Sample
Dairy Alternative Market “Increase in obese population and rising demand for chemical-free, plant based milk products are the major factors boosting the dairy alternative market. Higher cost compared to conventional milk/milk based products and prominence of low-cholesterol, and low-fat conventional milk/milk based products have emerged to be major challenges for the players operating in the market.” Chandradeep Singh Sr. Research Associate, Beverages Research at AMR Download Request Sample
Dairy Alternative Market Dairy Alternative Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $21.7 billion by 2022, registering a CAGR of 13.3% during the period 2016-2022. Asia-Pacific generated the highest revenue of $4.0 billion in 2015, followed by North America. Asia-Pacific would continue to dominate the overall market throughout the forecast period owing to the increase in demand from countries such as China and India. The segmentations by source include soy milk, almond milk, rice milk, and other dairy alternative sources. Soy milk accounted for the maximum market share of 53.2% in 2015, because of its extensive usage in refreshment drinks. Popularity of beverages formulated by the combination of soy beverages and fruit drinks has increased in countries such as China. Almond milk is projected to be the fastest growing segment with the CAGR of 14.4%, owing to its high demand in developed regions such as North America, driven by the rising vegan and obese population in countries such as the U.S. Download Request Sample
Dairy Alternative Market Beverage is anticipated to be the faster growing segment compared to food. Beverages such as milk shake, energy drink, fruit mixed drinks, and others, prepared from soy, almond, coconut and other dairy alternative sources, are increasingly becoming popular. Food is further categorized into spread, creamer, yogurt, tofu and others. Spread segment is expected to gain maximum growth during the forecast period 2016-2022, as these spreads have lower level of saturated fats, compared to dairy spreads. Yogurts prepared from dairy alternative sources such as almond, soy and coconut are increasingly being consumed by vegan as well as other consumers due to their high nutritional content. The yogurt segment is expected to grow at a CAGR of 14.6% during 2016- 2022. Download Request Sample: https://www.alliedmarketresearch.com/request-sample/1678 Download Request Sample
Dairy Alternative Market The ability of dairy alternative products to provide similar nutritional benefits as that of conventional milk and related products, is expected to promote their demand. Further, the ongoing innovations aimed at improving the taste, flavor and formulation would propel the growth of dairy alternatives market, states Bhawna Kohli, Manager Research at AMR. The segment by distribution channel includes large retail, small retail, specialty store, and online. Large retail accounted for the largest market share of around 55% in 2015, followed by specialty store. The online segment is anticipated to be the fastest growing, owing to the availability of a wide variety of products in different tastes, flavors and formulations at discounted prices; and the growing popularity of online shopping. Flat 20% Discount on All License Type @: https://www.alliedmarketresearch.com/checkout/926420 * Offer Valid Till 20th April 2019 Download Request Sample
Dairy Alternative Market Major Companies: WhiteWave Foods Company (U.S.) Blue Diamond Growers (U.S.) SunOpta Inc. (Canada) Earths Own Food Company Inc. (Canada) Living Harvest Foods Inc. (U.S.) Hain Celestial Group Inc. (U.S.) Organic Valley (U.S.) Panos Brands LLC (U.S.) Pascual Group (Spain) Eden Foods Inc. (U.S.). Download Request Sample
Dairy Alternative Market Key Findings Of Dairy Alternative Market Asia-Pacific would remain the largest revenue generating region throughout the analysis period. Almond milk segment is expected to be the fastest growing market during 2016-2022. In 2015, soy milk segment was the highest revenue-generating segment in the global dairy alternative market, followed by the almond milk segment. Market for dairy alternative products prepared from other sources such as coconut, cashewnut, oat and others would witness attractive growth during the forecast period. Access full report@: https://www.alliedmarketresearch.com/dairy-alternative-market Download Request Sample
Dairy Alternative Market Contact: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free (USA/Canada): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1⟨855⟩550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com Download Request Sample