Dairy
Alternatives Market: Introduction
Dairy alternatives several nutritional
and dietary benefits compared to conventional dairy products including butter, milk
and cheese, which has influenced the consumer behavior towards a shift to dairy
alternatives. Dairy alternatives consist of fewer calories than low-fat milk. Moreover,
potassium and calcium content in these dairy substitutes is more than milk,
which is the key reason for the increasing consumption of dairy products. Recently,
several dairy alternatives manufacturers are focused on targeting millennials as
a marketing strategy as millennials are primarily responsible for dairy
alternative trend.
Dairy
Alternatives Market: Key Dynamics
An increase in the disposable income
and growth in health awareness has supported the growth of dairy alternatives
market extensively. The increasing consumer demand for plant-derived dairy
goods is also expected to fuel market growth over the forecast period. Rising consumer
awareness about health, along with increasing disposable income in countries including
India, Brazil, Japan, and China, is expected to spur consumption of almond milk,
soy milk, rice milk, and coconut milk over the forecast period. Moreover, consumers
in developed countries have shown a large preference for vegan diet due to rising
concern over environmental protection and animal rights. Also, government initiatives
to enhance the agricultural industry are expected to surge raw material
availability and plummet their prices, making a positive impact on market
growth.
Dairy
Alternatives Market: Report Scope
The “Global Dairy Alternatives
Market” report offers in-depth analysis of micro and macro-economic factors,
price point assessment, along with market attractiveness analysis. The report
also focuses on multiple qualitative and quantitative factors on global dairy
alternatives market geographies and market segments. The report also aims to
provide a detailed overview of the parent market for analyzing the competitive
landscape of the global dairy alternatives market in the food and beverage
industry. The report is dedicated to offering strategic information on leading dairy
alternatives market players and offers several growth prospects of the dairy
alternatives market.
Dairy
Alternatives Market: Segmentation
The global dairy alternatives market is segmented on the
basis of source, product, nature, and distribution channel.
The global dairy alternatives market on the basis of source is
segmented as:
·
Soy
·
Rice
·
Almond
·
Oats
·
Coconut
·
Others
The global dairy alternatives market on the basis of product
is segmented as:
·
Regular/ Unflavoured (Almond Milk, Soy Milk, Oat
Milk, Coconut Milk, Others)
·
Flavoured (Almond Milk, Soy Milk, Oat Milk,
Coconut Milk, Others)
The global dairy alternatives market on the basis of nature is
segmented as:
·
Organic
·
Conventional
The global dairy alternatives market on the basis of distribution
channel is segmented as:
·
Direct Sales
·
Indirect Sales (Hypermarkets/ Supermarkets,
Convenience Stores, Mass Grocery Retailers, Specialty Stores, Online Retail)
Dairy
Alternatives Market: Key Market Players
Along with the company profiles
of key companies enabling the market expansion, the report covers a detailed
competition landscape scenario of the dairy alternatives market. Comparison and
market share analysis of prominent players provided in the report offers the
reader preventive steps to advance their businesses. The reports cover
strategic developments in the dairy alternatives market focused on inorganic
and organic growth strategies. The company profile is one of the carefully
crafted section in the dairy alternatives market report, which extracts
fundamentals such as SWOT analysis, product portfolio on each player, along
with the company strategy identification and analysis. Company presence
deliberately mapped and presented with a model for all prominent players
operating in the dairy alternatives market.
The Hain Celestial Group, Freedom
Foods Group, SunOpta, Inc., Earths Own Food Company, Dohler GmBh, Triballat
Noyal, Organic Valley, Daiya Foods Inc., Blue Diamond Growers, Califia Farms, Sanitarium
Health and Wellbeing Company, Nutriops S.L. are some of the key market players
operating in the global dairy alternatives market.
Dairy
Alternatives Market: Regional Outlook
The report provides a detailed
overview of the dairy alternatives market in regions including North America,
Latin America, Europe, Asia-Pacific, Oceania, and the Middle East and Africa.
The country-specific assessment for dairy alternatives market has been offered
for all regional market, along with forecasts, market scope estimates, price
point assessment, and impact analysis of prominent countries and regions.
Throughout the report, Y-o-Y growth estimates are also incorporated for every
country and region, to provide a detailed view of the dairy alternatives market.
These Y-o-Y projections on regional and country-level markets brighten the
political, economic and business environment outlook, which are anticipated to
have a substantial impact on the growth of the dairy alternatives market. Some
key country and region included in the dairy alternatives market report as
follows:
North America (U.S., Canada)
Latin America (Mexico, Argentina,
Brazil, Peru, Chile)
Europe (Germany, France, Italy, U.K.,
BENELUX, Nordics, Spain, Poland, Russia, CIS)
Asia Pacific (China, ASEAN, India,
Japan, South Korea)
Oceania (Australia, New Zealand)
Middle East and Africa (South
Africa, GCC Countries, Turkey, Israel, Iran)
The
Dairy Alternatives Market Report Covers In-depth Analysis on:
·
Dairy alternatives market segments
·
Dairy alternatives market dynamics
·
Dairy alternatives market size
·
Recent trends, restraints, opportunities in dairy
alternatives market
·
Companies & competition involved dairy
alternatives market
·
Latest technologies in dairy alternatives market
·
Supply chain and value chain dairy alternatives
market
Dairy
Alternatives Market Report Highlights:
·
A comprehensive overview of parent market
·
Market dynamics and trends in the industry
·
Current, historical and anticipated market size
in terms of value and volume
·
In-depth market segmentation
·
Competition landscape
·
Key Strategies of leading companies and product portfolio
·
Recent industry developments and trends
·
Potential and country, regions and segments exhibiting
future growth
·
A detailed viewpoint on market performance
during the forecast period
·
Essential information to enhance market position
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