Dairy Alternatives Market: Global Industry Analysis and Opportunity Assessment 2019-2025 GMI Estimate - PowerPoint PPT Presentation

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Dairy Alternatives Market: Global Industry Analysis and Opportunity Assessment 2019-2025 GMI Estimate

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Global Dairy Alternatives Market Size By Product (Almond, Soy, Coconut, Oat, Rice, Hemp), By Application (Food {Cheese, Deserts, Snacks}, Beverages), By Formulation (Sweetened, Unsweetened), By Sales Channel (Mainstream Stores, Specialty Stores, Online Stores) Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025 – PowerPoint PPT presentation

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Date added: 9 January 2020
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Title: Dairy Alternatives Market: Global Industry Analysis and Opportunity Assessment 2019-2025 GMI Estimate


1
Dairy Alternatives Market size to exceed 37.5 bn
by 2025
2
Key Insights from Dairy Alternatives Market
  • Dairy Alternatives Market size is estimated to
    surpass USD 37.5 billion by 2025 according to a
    new research report by Global Market Insights,
    Inc. The growing demand for dairy-free products
    across various end-use industries such as cheese,
    desserts, snacks, and beverages are steering the
    industry growth. Increasing intake of dairy
    alternatives by vegan population coupled with
    rise in patients suffering from lactose
    intolerance, milk allergies, and calorie concerns
    will bolster the product adoption in beverage
    applications.
  • Increasing penetration of dairy alternatives in
    beverages owing to several benefits offered such
    as improved nutritional content will fuel the
    business development. The shift from conventional
    dairy products such as cow milk to nuts and
    legume-based milk products along with rising
    consumer concerns for maintaining a healthy diet
    are the key factors influencing the business
    dynamics.
  • The beverage segment dominates the industry and
    anticipated to reach around USD 33 billion in
    2025. The growing trend of utilizing plant-based
    product content in a beverage for people
    suffering from milk allergy, lactose intolerance,
    and phenylketonuria will fuel the business
    growth. Dairy alternative products that are
    derived from soy and almond cater to a wide range
    of beverage applications..

3
Continued...
  • The unsweetened segment constitutes a major share
    in the dairy alternatives industry. The segment
    does not contain added sugar or sweetening
    agents, which typically accounts for half of the
    calorie contents found in cows milk. Increasing
    intake of this light-tasting substitute by
    diabetic patients for maintaining a healthy diet
    will be a key factor driving the segment growth.
    Online stores emerged as the fastest growing
    distribution channel. The online services sector
    has gained momentum in both developed and
    developing countries owing to cost-effectiveness
    and faster accessibility.
  • North America dairy alternatives market accounts
    for over 25 share and expected to witness
    significant gains over the forecast timeline. The
    escalating number of patients with allergies and
    nutritional deficiency will result in dairy
    alternative products demand across the region.
    Changing eating habits and lifestyle owing to
    rising adult population suffering from obesity
    and diabetes in the U.S. and Canada will further
    drive the plant-based rice and almond milk
    products demand.
  • The global dairy alternatives market is highly
    competitive owing to the presence of a few
    dominating companies including Whitewave Foods,
    Hain Celestial Group, Inc., Blue Diamond Growers,
    SunOpta Inc., New Barn. Other prominent players
    in the industry include Triballat Noyal, Califia
    Farms, Valsoia S.p.A, Freedom Foods, and Pacific
    Foods.

4
North America Almond Based Dairy Alternatives
Market, By Application, 2018 2025, (USD Million)

5

Browse Full Market Research Report On Dairy
Alternatives Market _at_ http//bit.ly/33kMjjN
Request for a Sample of this Research Report
_at_ https//www.gminsights.com/request-sample/detail
/2451 etail/49
6
Stay In Touch Website www.gminsights.com Soci
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