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Dairy Alternatives Market will reach US$ 34.6 Billion by 2029 - Future Market Insights

As veganism is accelerating its move in the mainstream, the demand for plant-based food products has witnessed an upsurge. A recent market study by Future Market Insights (FMI) predicts that the revenue of the dairy alternatives market will reach US$ 34.6 billion by 2029. In terms of value, the global dairy alternatives market is projected to register a CAGR of 8.3% during the forecast period, according to FMI.

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Dairy Alternatives Market will reach US$ 34.6 Billion by 2029 - Future Market Insights

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  1. Dairy Alternatives Market JULY 2020 Report Id : REP-GB-4852 Published On : 2019-11-21 Category : Food and Beverages www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights

  2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitive framework,and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solutionfor our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Social Media Research Email: hari.t@futuremarketinsights.com www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved

  3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved

  4. Dairy Alternatives Market Analysis As veganism is accelerating its move in the mainstream, the demand for plant- based food products has witnessed an upsurge. A recent market study by Future Market Insights (FMI) predicts that the revenue of the dairy alternatives market will reach US$ 34.6 billion by 2029. In terms of value, the global dairy alternatives market is projected to register a CAGR of 8.3% during the forecast period, according to FMI. The thriving trend of veganism is one of the primary factors triggering the demand for dairy alternatives. Health-related concerns such as allergies from milk and lactose intolerance are playing a vital role in the growth of the dairy alternatives market. With the increased exposure to the dangers of dairy products, more and more individuals are leaning towards non-dairy milk, which, in turn, is providing a significant boost to the dairy alternatives market. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

  5. Dairy Alternatives Market Analysis Dairy alternatives have been competing in the dairy space now for decades, but the competition has intensified by the day as dairy alternatives are expanding in styles, product categories, and types. Growing research and development, product line extensions, and marketing campaigns have led to increased sales of dairy alternatives. Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-4852 www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

  6. Dairy Alternatives Market Analysis Product Portfolios Expand in Dairy Alternatives Landscape as More Consumers are Becoming Vegan With the advent of dairy alternatives, more and more people are inclined towards them for many reasons including better health, growing concerns for animal welfare, reducing their impact on the planet, and others. Awareness of non-dairy substitute options available in the market is increasing rapidly, which is leading to increased availability of various types of dairy alternatives available in grocery stores. The substitutes for dairy, available in the market, include soy milk, almond milk, coconut milk, rice milk, cashew milk, flax milk, corn milk, and many more. Plant-based milk, which is incorporated in numerous food products is now extensively available commercially. Many consumers are under the impression that a vegan diet can be overpriced; however, nutritious non-dairy foods can prove to be a lot cheaper than a dairy-based or omnivorous diet. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

  7. Dairy Alternatives Market Analysis Dairy Alternatives Market: Veganism Will Remain a Significant Impact Factor Fueling the Demand for Non-dairy Products: Global Industry Analysis Opportunity Assessment (2019 – 2029) : https://www.futuremarketinsights.com/reports/dairy-alternatives-market Dairy Alternative Beverages Show up in Supermarkets Dairy alternative beverages accounted for more than 8% of world dairy launches. Actual global dairy alternative launches have more than doubled over five years. These launches have attracted keen interest from individuals, which have boosted the sales of dairy alternatives. The thriving demand for healthier foods and modern retail formats such as supermarkets/hypermarkets in developing countries are assisting the sales of dairy alternatives. Also, an upsurge in e-retail for the sales of dairy alternatives has been observed in the last two years. Practically, it is quite impossible to replace overall dairy, not for the next 15-20 years at least. Despite this long term outlook, the dairy alternatives sector is booming. Evolving consumer trends such as the change in diets and growing health awareness are expected to provide an upsurge to the dairy alternatives market. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

  8. Dairy Alternatives Market Analysis Buy Full Dairy Alternatives Market Research Report @ https://www.futuremarketinsights.com/checkout/4852 Dairy Alternatives Market to Become Highly Competitive Competition in dairy alternatives market is increasing at a rapid pace. More and more players are entering the business, and existing companies seem to follow on-going trends by providing diverse products as the demand increases. This report on dairy alternatives covers the trends driving each segment, and offers analysis and insights of the potential of the dairy alternatives market in specific regions. The dairy alternatives market in Asia Pacific is expected to lead the market in terms of share, and North America and Europe are expected to record a relatively higher CAGR. Click here to Order a free sample www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved

  9. Dairy Alternatives Market Analysis Also, Latin America is the prominent region for the players wanting to enter the market, the opportunity for growth is highest among all regions. Some of the key players in the market are The Hain Celestial Group, Earths Own Food Company, Dohler GmBh, Organic Valley, Daiya Foods Inc., SunOpta, and Danone S.A. Our advisory services are aimed at helping you with specific, customized insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-4852 More from FMI’s Food & Beverages Market Intelligence: Fresh Figs Profitability Analysis - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 to 2027 Egg White Cubes Market Analysis - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2029 Piston Fillers Market Analysis - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029 www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 9 © 2019 Future Market Insights, All Rights Reserved

  10. Dairy Alternatives Market Analysis About Us Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends. More from FMI’s Food and Beverages Market Intelligence: • • • Food Waste Management Market Organic Soy Products Market Meat Alternatives Market www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 10 © 2019 Future Market Insights, All Rights Reserved

  11. Dairy Alternatives Market Analysis Contact Mr. Abhishek Budholiya Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates MARKET ACCESS DMCC Initiative For Sales Enquiries: sales@futuremarketinsights.com For Media Enquiries: press@futuremarketinsights.com Future Market Insights www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 11 © 2019 Future Market Insights, All Rights Reserved

  12. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 12 © 2019 Future Market Insights, All Rights Reserved

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