Dairy Alternatives Market Global Forecast by Plant based Milk

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Global Dairy Alternatives Market
Global Dairy Alternatives Market
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Report Description and Highlights
The demand of Plant-based or non-dairy milk
alternative is growing at rapid pace as a
specialty beverage across the globe. As having
allergy through cow milk, lactose intolerance,
calorie concern, the prevalence of
hypercholesterolemia is growing. So, plant-based
milk alternatives are a rising trend, which can
serve as an affordable alternative for many
people in developing countries and in places,
where cows milk supply is insufficient.
According to Renub Research Dairy Alternatives
Market is anticipated to cross USD 35
Billion by 2026. However, the main constrains of
this market is the high cost of Dairy
Alternatives milk compared to conventional dairy
and fluctuations in raw materials and the
scarcity of raw materials provide a challenge in
production and pricing of products. The range of
Plant-based milk can be of Coconut Milk, Soy
Milk, Rice Milk, Almond Milk, and Others. Soy
Milk dominates the global Dairy Alternatives
market. Almond Milk, Rice Milk Coconut milk are
also growing in the total global Dairy
Alternatives market.
Global Dairy Alternatives Market
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Global Dairy Alternatives Market
The Dairy Alternatives market for food
application will continue to follow its growing
trend in the years to come as a wide range of
food prepared from milk, which in turn is derived
from sources such as almond, rice, soy, coconut
and others. In this report, we have also covered
another application such as beverages, which
increased notably during the review period. It is
estimated that the beverages will keep growing
due to its wide range of product in the beverages
which can be prepared from Plant-based milk. Some
of the commonly consumed Dairy Alternatives based
beverages are milk, ice-cream, soft drinks,
energy drinks and others. The market is seeing an
increasing number of customers due to innovative
products, attractive marketing campaigns and
health benefits over the conventional milk.
Global Dairy Alternatives Market
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Global Dairy Alternatives Market
Renub Research report titled Dairy Alternatives
Market, Consumption, Global Forecast by Plant
based Milk (Soy, Almond, Rice, Coconut, Others),
Regions (North America, Asia Pacific, Europe,
Rest of World) Companies (The Hain Celestial
Group Inc., Blue Diamond Growers Inc., SunOpta
Inc., Freedom Foods Group Ltd., Vitasoy
International Holdings Ltd., Kikkoman) studies
the Global Market for Dairy Alternatives
(plant-based milk) and Consumption. Soy Milk is
dominates Dairy Alternative Market Based on
segment, the market for dairy alternatives
(plant-based milk) is categorized into five
segments  Almond Milk, Rice Milk, Soy Milk,
Coconut and Others. Soy Milk has the highest
market share globally. Soy milk has grown in
popularity because of increased awareness of
soys possibility in lowering the risk of heart
disease.
Global Dairy Alternatives Market
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Global Dairy Alternatives Market
Beverage Market is growing in the Global plant
Based Milk Market The report has also studied
the Dairy Alternatives market based on its
applications as Food Beverages. In recent
years, developments in plant-based products have
led to newer products in the beverages sector.
Functionality in these beverages may able to
address the different needs and lifestyle such as
to boost energy, fight ageing, fatigue and
stress, target specific diseases and the sector
is still expanding. Asia-Pacific has bright
Future Ahead Based on regions, the market for
plant-based milk has been segmented into these
regions North America, Asia-Pacific, Europe and
Rest of the World. The Asia-Pacific region mostly
dominates the alternative dairy market due to the
growing number of vegan and lactose intolerant
populations in the region. Two-thirds of the
world's populations are lactose-intolerant. The
figure is almost 90 percent in Asia and Africa.
Thus, the numbers of consumers are growing while
choosing non-dairy milk and products which are
lactose-free because of its benefits over
conventional milk.
Global Dairy Alternatives Market
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Global Dairy Alternatives Market
All companies in this report have been covered
with the following viewpoints     Company
Overview     Company Initiatives/Strategy 
   Financial Insight Company Analysis 1.  
 Hain Celestial Group Inc. 2.    Blue Diamond
Growers Inc.3.    SunOpta Inc. 4.  
 Freedom Foods Group Limited5.    Vitasoy
International Holdings Limited 6.  
 Kikkoman Market Consumption Global Dairy
Alternatives     Source     Regions  
 Applications
Global Dairy Alternatives Market
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Global Dairy Alternatives Market
Segmentation based on Source 1.    Soy 2.  
 Almond3.    Coconut 4.    Rice5.  
 Others Segmentation based on Regions 1.  
 North America 2.    Asia-Pacific3.  
 Europe 4.    Rest of the World Segmentation
based on Application 1.    Food 2.    Beverages
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Global Dairy Alternatives Market
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Global Dairy Alternatives Market
Segmentation based on product 1.    Flavored
Milk 2.    Unflavored Milk Segmentation based
on Nature 1.    Organic Milk 2.  
 Conventional Milk Segmentation based on Sale
Channel 1.    Direct Sales 2.    Indirect
Sales
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Global Dairy Alternatives Market
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Global Dairy Alternatives Market
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Global Dairy Alternatives Market