Dairy Alternatives Market size will reach USD 22.62 billion by 2021
Dairy Alternatives Market Analysis by Product Type, by Application and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts from 2016 to 2021.
(EMAILWIRE.COM, October 24, 2017 ) Market Data Forecast | Recent Published Study | Dairy Alternatives Market By Type (Almond Milk, Soy Milk, Rice Milk, Others), By Formulation (Plain Sweetened, Plain Unsweetened, Flavoured Sweetened, Flavoured Unsweetened), By Application (Food & Beverages) and By Region - Global Industry Analysis, Size, Share, Growth, Trends and Forecasts (20162021)
Browse report details @ http://www.marketdataforecast.com/market-reports/global-dairy-alternatives-market-2526/
Key Findings of the study:
The Global Dairy Alternatives Market was worth USD 11.10 billion in 2016 and is estimated to be growing at a CAGR of 15.3%, to reach USD 22.62 billion by 2021.
The demand for dairy alternatives is driven by growing consumer liking for lactose-free food products including cheese, desserts, and snacks. Rising consumer focus on the nutritional values offered by the product such as low calories and high proteins and vitamins is likely to have a positive impact on the industry. Moreover, the swing of consumer base towards vegan diet owing to certain aspects including animal rights and environment protection are anticipated to drive the demand for dairy alternatives over the forecast period. However, high cost associated with these products as compared to dairy products is likely to hamper industry growth.
Soy Milk accounted for the highest revenue of the overall market and Almond Milk is projected to witness high growth rate during the forecast period.
The Dairy Alternatives market was dominated by Asia-Pacific. Asia-Pacific was followed by North America and Europe.
Some of the major companies dominating the market, by their products and services include The Hain Celestial Group Inc., Blue Diamond Growers, Daiya Foods Inc., SunOpta Inc., Archer Daniels Midland Company, The WhiteWave Foods Company, Freedom Foods Group Limited, Sanitarium Health & Wellbeing Company, Earths Own Food Company, Nutriops S.L. and Eden Foods, Inc.
Avail Sample Market Brochure of the report for more information, Get a Copy @ http://www.marketdataforecast.com/market-reports/global-dairy-alternatives-market-2526/request-sample
Dairy Alternatives Market Segmentation:
By Type
Almond Milk
Soy Milk
Rice Milk
Others
Y-o-Y Growth Analysis, By Type
Market Attractiveness Analysis, By Type
Market Share Analysis, By Type
By Formulation
Plain Sweetened
Plain Unsweetened
Flavoured Sweetened
Flavoured Unsweetened
Y-o-Y Growth Analysis, By Formulation
Market Attractiveness Analysis, By Formulation
Market Share Analysis, By Formulation
By Application
Food & Beverages
Other Applications
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis, By Application
By Geography
Introduction
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Make an Inquiry @ http://www.marketdataforecast.com/market-reports/global-dairy-alternatives-market-2526/inquire
About MarketDataForecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Media Contact:
Abhishek Shukla
International Business Development Manager
Market Data Forecast
Direct Line: +1-888-702-9626; Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
Browse report details @ http://www.marketdataforecast.com/market-reports/global-dairy-alternatives-market-2526/
Key Findings of the study:
The Global Dairy Alternatives Market was worth USD 11.10 billion in 2016 and is estimated to be growing at a CAGR of 15.3%, to reach USD 22.62 billion by 2021.
The demand for dairy alternatives is driven by growing consumer liking for lactose-free food products including cheese, desserts, and snacks. Rising consumer focus on the nutritional values offered by the product such as low calories and high proteins and vitamins is likely to have a positive impact on the industry. Moreover, the swing of consumer base towards vegan diet owing to certain aspects including animal rights and environment protection are anticipated to drive the demand for dairy alternatives over the forecast period. However, high cost associated with these products as compared to dairy products is likely to hamper industry growth.
Soy Milk accounted for the highest revenue of the overall market and Almond Milk is projected to witness high growth rate during the forecast period.
The Dairy Alternatives market was dominated by Asia-Pacific. Asia-Pacific was followed by North America and Europe.
Some of the major companies dominating the market, by their products and services include The Hain Celestial Group Inc., Blue Diamond Growers, Daiya Foods Inc., SunOpta Inc., Archer Daniels Midland Company, The WhiteWave Foods Company, Freedom Foods Group Limited, Sanitarium Health & Wellbeing Company, Earths Own Food Company, Nutriops S.L. and Eden Foods, Inc.
Avail Sample Market Brochure of the report for more information, Get a Copy @ http://www.marketdataforecast.com/market-reports/global-dairy-alternatives-market-2526/request-sample
Dairy Alternatives Market Segmentation:
By Type
Almond Milk
Soy Milk
Rice Milk
Others
Y-o-Y Growth Analysis, By Type
Market Attractiveness Analysis, By Type
Market Share Analysis, By Type
By Formulation
Plain Sweetened
Plain Unsweetened
Flavoured Sweetened
Flavoured Unsweetened
Y-o-Y Growth Analysis, By Formulation
Market Attractiveness Analysis, By Formulation
Market Share Analysis, By Formulation
By Application
Food & Beverages
Other Applications
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis, By Application
By Geography
Introduction
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Make an Inquiry @ http://www.marketdataforecast.com/market-reports/global-dairy-alternatives-market-2526/inquire
About MarketDataForecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Media Contact:
Abhishek Shukla
International Business Development Manager
Market Data Forecast
Direct Line: +1-888-702-9626; Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results