Dairy Alternatives Market Size, Companies Share, Future Trends, Scope and Growth by 2025

 According to IMARC Group’s latest report, titled “Dairy Alternatives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global dairy alternatives market reached a value of US$ 16.5 Billion in 2019. Looking forward, IMARC Group expects the global market to continue its moderate growth during 2020-2025.

Dairy alternatives are dairy-free food and beverage products that are sourced from plants. They are gaining widespread popularity among the masses as the preferred alternative for conventional animal-based milk and milk products. Widely obtained from soy, rice, oats, almond, cashew and coconut, these products are characterized by a similar taste and texture to the traditional dairy products. They are rich in iron, iodine, zinc, calcium, riboflavin, vitamins, minerals, magnesium and potassium with low levels of fat and calories. Consequently, their regular consumption offers numerous health benefits, including repairing damaged cells, maintaining a healthy weight and improving the bone structure.

The increasing number of lactose-intolerant individuals across the globe, along with the rising prevalence of chronic medical ailments, is primarily driving the growth of the dairy alternatives market. Moreover, there has been a considerable rise in the adoption of veganism, supported by the changing dietary preferences and inflating disposable income levels of the masses, which is providing a boost to the sales of dairy alternatives. Also, numerous key players are introducing flavored, sweetened and unsweetened product variants in the market in order to cater to the diverse consumer preferences. This, coupled with the continual investments in the production processes to enhance the yield, nutritional content and shelf life of these dairy substitutes, is expected to create a positive outlook for the dairy alternatives market.

Get a PDF sample for more detailed market insights: https://www.imarcgroup.com/dairy-alternatives-market/requestsample

Dairy Alternatives Market 2020-2025 Competitive Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the dairy alternatives market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Blue Diamond Growers

• Dohler GmbH

• Earth’s Own Food Company

• Eden Foods

• Freedom Foods Group

• SunOpta Inc.

• The Hain Celestial

• The Whitewave Foods Company

• Triballat Noyal

• Valsoia SpA.

• Nutriops S.L.

• Organic Valley

• Panos Brands

• Sanitarium Health and Wellbeing Company

The report has segmented the global dairy alternatives market on the basis of source, formulation, nutrient, distribution channel, product type and region.

Breakup by Source:

• Almond

• Soy

• Oats

• Hemp

• Coconut

• Rice

• Others

Breakup by Formulation:

• Plain

o Sweetened

o Unsweetened

• Flavoured

o Sweetened

o Unsweetened

Breakup by Nutrient:

• Protein

• Starch

• Vitamin

• Others

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets

• Convenience Stores

• Online Stores

• Others

Breakup by Product Type:

• Cheese

• Creamers

• Yogurt

• Ice Creams

• Milk

• Others

Breakup by Region:

• North America

• Asia Pacific

• Europe

• Latin America

• Middle East and Africa

Explore report description with table of contents: https://www.imarcgroup.com/dairy-alternatives-market

Key highlights of the report:

• Market Performance (2014-2019) 

• Market Outlook (2020- 2025)

• Market Trends

• Market Drivers and Success Factors

• The Impact of COVID-19 on the Global Market

• Value Chain Analysis

• Structure of the Global Market

• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Browse Related Reports:

Global Goat Milk Market

Global Bean Pasta Market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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