PRESS RELEASE
Published June 22, 2023
“An international Dairy Alternative Market report is an excellent report that makes it possible to the Dairy Alternative Market industry to take strategic decisions and achieve growth objectives. The analysis of this report has been used to examine various segments that are relied upon to witness the quickest development based on the estimated forecast frame. This report also provides the company profile, product specifications, production value, contact information of manufacturer and market shares for company. The complete Dairy Alternative Market report helps Dairy Alternative Market industry to divulge the best market opportunities and look after proficient information to efficiently climb the ladder of success.
With the latest and updated market insights mentioned in the persuasive Dairy Alternative Market report, businesses can concentrate to enhance their marketing, promotional and sales strategies. This market research report uncovers the general market conditions, trends, inclinations, key players, opportunities, geographical analysis and many other parameters that helps drive the business into right direction. All the data and statistics provided in this market report are backed up by latest and proven tools and techniques such as SWOT analysis and Porter’s Five Forces Analysis. Dairy Alternative Market report potentially presents with the numerous insights and business solutions that will help business stay ahead of the competition.
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Market Analysis and Insights : Global Dairy Alternative Market
The dairy alternative market is expected to witness market growth at a rate of 11.4% in the forecast period of 2021 to 2028. Data Bridge Market Research report on dairy alternative market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in health consciousness globally is escalating the growth of dairy alternative market.
The major players covered in the dairy alternative market report are OMIRA Oberland Milchverwertung Ravensburg, Parmalat, lpro, Amul, Amy’s Kitchen, Barry Callebaut, Cargill, Chr. Hansen, Crowley Foods, Daiya Foods, Doves Farm Food, Edlong Dairy Technologies, Emmi, Fonterra, Galaxy Nutritional Foods, General Mills, Green Valley Organics, HP Hood, Kerry Group, Murray Goulburn, Sweet William, TINE Laktosefri, and WhiteWave Foods, and Valio, Arla Foods, and McNeil Nutritionals, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Dairy alternatives refer to the products that are generally made from plant-based products such as soy, pea, and almond, among others. These products possess a number of advantages such as gluten-free, sugar free, lactose-free, GMO-free, and cholesterol free.
The rise in prevalence of lactose intolerance across the globe acts as one of the major factors driving the growth of dairy alternative market. The high adoption of the products owning to their ability to risk of heart disease, obesity, and diabetics, among others and shift in consumer eating patterns and change in diet trends accelerate the market growth. The rise in the trend of almond milk among population because of its low in calories, enriched with vitamin D and provide strengthen bone, and growing consumer base that is opting for plant-based and other dairy alternatives further influence the market. Additionally, rise in health consciousness, adoption of natural food products, surge in spending on food and media influence on consumer awareness positively affect the dairy alternative market. Furthermore, rise in demand for organic food products and favorable marketing and correct positioning of dairy alternatives extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, allergies associated with plant-based sources, such as soy and almonds, and volatile prices of raw materials are expected to obstruct the market growth. The increase in preference for genetically modified (GM) soybeans and limited awareness among consumers are projected to challenge the dairy alternative market in the forecast period of 2021 to 2028.
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The dairy alternative market is segmented on the basis of product type, type, formulation, application, nutritive and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of nature, the dairy alternative market is segmented into soy milk, almond milk, coconut milk, cashew milk, oat milk, and rice milk.
- On the basis of type, the dairy alternative market is segmented into inorganic and organic.
- On the basis of formulation, the dairy alternative market is segmented into plain & sweetened, flavored & unsweetened, flavored & sweetened, and plain & unsweetened.
- On the basis of application, the dairy alternative market is segmented into food and beverages.
- On the basis of nutritive, the dairy alternative market is segmented into protein, vitamins, and carbohydrates.
- On the basis of distribution channel, the dairy alternative market is segmented into supermarkets/hypermarkets, online and specialized stores.
The key questions answered in this Dairy Alternative Market Report:
- What will be the Dairy Alternative Market Size and Growth Rate in the forecast year?
- What are the Key Factors driving Dairy Alternative Market?
- What are the Risks and Challenges in front of the Dairy Alternative Market?
- Who are the Key Vendors in Dairy Alternative Market?
- What are the Trending Factors influencing the Dairy Alternative Market shares?
- What are the Key Outcomes of Porter’s five forces model?
- Which are the Global Opportunities for Expanding the Dairy Alternative Market?
Table of Contents
Global Dairy Alternative Market Research Report 2021 – 2028
Chapter 1 Dairy Alternative Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Dairy Alternative Market Forecast
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