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According to a new study by TMR, the sales of dairy alternatives are estimated to go beyond 6 million metric tons in 2019, and record a Y-o-Y growth of ~8% during the period of forecast. Growth of the Organic Dairy Alternatives market remains driven by a slew of aspects, which range from increased market demand for clean label products and changing regulations in the food and beverage industry, to growing awareness among consumers.
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The Global “ Organic Dairy Alternatives Market” Is Projected To Be Valued At Us$ 15.6 Billion In 2029
Overview According to a new study by TMR, the sales of dairy alternatives are estimated to go beyond 6 million metric tons in 2019, and record a Y-o-Y growth of ~8% during the period of forecast. Growth of the Organic Dairy Alternatives market remains driven by a slew of aspects, which range from increased market demand for clean label products and changing regulations in the food and beverage industry, to growing awareness among consumers.
Organic Dairy Alternatives Market: Innovative Soy Milk Offerings Gain Demand with Novel Packaging Techniques Players in the Organic Dairy Alternatives market are introducing unique Organic Dairy Alternatives in the food and beverage landscape. According to NIH (National Institutes of Health), ~65% of the world population faces the issue of lactose intolerance. This is why manufacturers in the Organic Dairy Alternatives market are innovating on alternatives such as soy milk with chickpea protein.
Competitive Landscape : Some of the key players in the global dairy alternatives market are E. I. du Pont de Nemours and Company, Archer Daniels Midland Company, THE WHITEWAVE FOODS COMPANY, Blue Diamond Growers, Freedom Foods Group Limited, SunOpta, Inc., The Eden Foods, Inc., Daiya Foods Inc., Sanitarium Health and Wellbeing Company, Hain Celestial Group, Inc., and Earth’s Own Food Company, Inc. To understand how our report can bring difference to your business strategy Ask for a brochure
Organic Dairy Alternatives Market: Plant-based Foods Trigger Sales Due to the growing demand from consumers for delicious plant-based foods, manufacturers are introducing the crunchy goodness of almonds and other toppings to bring innovation into the growing plant-based yogurt space. For instance, in May 2019, Blue Diamond Growers — a California agricultural cooperative, announced the launch of Almond Breeze Almond milk Yogurt Alternative, a dairy substitute that is a new addition to its plant-based yogurt category.
Global Organic Dairy Alternatives Market: Segmentation • Organic Dairy Alternatives Market by Source • Organic Dairy Alternatives Market by Product • Organic Dairy Alternatives Market by Nature • Organic Dairy Alternatives Market by Sales Channel • Organic Dairy Alternatives Market by Region