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Global Dairy Alternatives Market 2016 Share, Trend, Segmentation and Forecast to 2020

Sunday, November 13, 2016 21:40
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Dairy alternatives are milk like texture products, which are lactose free and used as a replacement of dairy based products. These alternatives are majorly adopted by various cereals such as oats, wheat, rice, barley and nuts. Plant-based dairy alternatives that are widely available in supermarkets include various milk options such as soy, almond, coconut, rice, hemp and flax, in addition to dairy-free yogurts, frozen desserts, spreads, and cheeses. Better health related benefits, including high energy levels as compared to normal dairy products, are expected to be the key factors, owing to which, people are shifting from regular products or beverages to its alternatives. The expected growth of the dairy alternative is 14.7% for the forecast period of 2015-2020. 

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Lactose intolerance and milk allergy is one of the major reasons of growth for the dairy alternative products. However, from the past few years the increasing awareness and changing lifestyle has helped the market to grow. Health consciousness among consumers has increased, mainly about their weight and diabetic diseases. Consumers are also becoming more health conscious due to the growing incidences of gastrointestinal diseases. Due to increasing incidences of gastrointestinal diseases in the population, consumers avoid dairy products, which in-turn drives the market for dairy alternatives. On the other hand, increased disposable income and rising population in developing countries provides an opportunity to grow the segment in the coming years. 
Asia-Pacific is the largest market for dairy alternatives. Factors such as increasing health awareness among the consumers, increasing population and rise in the disposable income of the consumers are boosting the demand for dairy alternatives. North America is the second largest market for dairy alternatives after Asia-Pacific. North America and Europe are considered as growing markets of dairy alternative beverages. Thus, the alternative option for dairy products market is small and new. However, increasing awareness and innovations for new products will lead the market to have substantial growth in the years to come. 
Key Deliverable of the study: 
• Market analysis for the Global Dairy Alternatives Market, with region specific assessments and competition analysis on global and regional scales. 
• Market definition along with overview of drivers, restraints and opportunities. 
• Extensively researched competitive landscape section along with list of key companies and their market shares.
• Identification and analysis of the macro and micro factors that affect the Global Dairy Alternatives Market on both global and regional scales.

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Key points in table of content

1. Research Methodology

    1.1 Methodology

    1.2 Definition of the Market

2. Executive Summary

3. Market Dynamics

    3.1 Dynamics

    3.2 Restraints

    3.3 Opportunities

4. Market Segmentation

    4.1 By Type

    4.2 By Application

    4.3 By Formulation

    4.4 By Sales Channel

    4.5 By Region

5. Regional Market Analysis

6. Market Share Analysis

7. Major Players

8. Appendix

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