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The global dairy alternative market is expected to grow at a CAGR of 14.17% over the forecast period to reach a total market size of US$39.991 billion by 2025, increasing from US$18.057 billion in 2019. We have covered all segments of this market like market size, share, growth, analysis in the market research report.<br>For more information, visit ust<br>https://www.knowledge-sourcing.com/report/dairy-alternative-market<br>
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Dairy AlternativeMarket Forecasts From 2020 To 2025
DESCRIPTION The global dairy alternative market is expected to grow at a CAGR of 14.17% over the forecast period to reach a total market size of US$39.991 billion by 2025, increasing from US$18.057 billion in 2019. Growing consumer preference for a vegan diet coupled with the rising cases of lactose intolerance is expected to drive the growth of the market during the forecast period. However, the availability of substitute coupled with the raw material price volatility is anticipated to restrain the growth of the market in the coming years.
Some Key Questions Answered By The Report • What will be Dairy AlternativeMarket from 2020 to 2025? • How are the major drivers and restraints affecting the Dairy AlternativeMarket. • Growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why?
Rising Demand Which Impact On Market Growth The estimated global variation pertaining to 1 liter of milk production with regards to green-house-gas (GHG) emissions is between 2 to 4 kgs carbon dioxide equivalents (CO2eq). With regards to the terrestrial acidification, 1 liter of milk production amounts to more than 30 grams of sulfur dioxide equivalents (g SO2eq) and leads to eutrophication to the tune of 20 grams of phosphate (g SO2eq). Besides the health concerns, consumers today are aware of the environmental impact of dairy products and are proactively adopting plant-based alternatives to milk like soy, oat, and almond among other milk. Apart from actively communicating the environmental credentials, players in the market are increasingly partaking in the plant-based foods sector.
Geography • North America • United States • Canada • Mexico • Others • South America • Brazil • Argentina • Others
Geography Europe • Germany • France • Italy • United Kingdom • Others Middle East and Africa • Israel • Saudi Arabia • UAE • Others Asia Pacific • Japan • China • India • Others
Segment Analysis • We have included all segments of this market in market research report. • The Dairy Alternativemarket has been segmented on the basis of source, application, formulation, distribution channel, and geography. • For complete segment information visit us https://www.knowledge-sourcing.com/report/dairy-alternative-market
Conclusion • Major players in the Dairy Alternativemarket have been covered along with their relative competitive position and strategies. • The report also mentions recent deals and investments of different market players over the last year. • The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the Dairy Alternativemarket.
COMPANY PROFILES Pacific Foods Califia Farms Danone SunOpta PureHarvest Eden Foods Inc. Sunopta The Whitewave Foods Company Hain Celestial Blue Diamond Growers
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