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Worldwide Dairy Alternative Market 2017- Strategy Resources, Manufacturers,Supply and Forecasts 2023.

Monday, March 6, 2017 22:13
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(Before It's News)

Latest industry research report on Dairy alternative based food and beverages are prepared from dairy-free milk, extracted from various plant based sources. These are increasingly being consumed by lactose intolerant and vegan individuals. A wide variety of food and beverages are available in the market, which are prepared from milk derived from sources such as almond, soy, rice, coconut and others. Popularly consumed dairy alternative based products are milk, ice-cream, cheese, butter and others.

Increasing awareness about the benefits of dairy alternative products and growing vegan population are the major factors boosting the demand these products. Moreover, increasing health consciousness, rise in disposable income and awareness towards chemical free products are some of the other factors fueling the market growth.

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However, higher cost compared to conventional milk/milk based products and prominence of low-cholesterol, and low-fat conventional milk/milk based products have emerged to be major challenges for the players operating in the market.
The market is anticipated to offer attractive business opportunities owing to rising lactose intolerance and increasing demand for soy, rice, and almond milk proteins in the global market. Moreover, innovation in sources and flavors of dairy alternative based food & beverages is expected to unfold opportunity for the players operating in the market.

DAIRY ALTERNATIVE MARKET SEGMENTS

By Source

  • Soy milk
  • Almond milk
  • Rice milk
  • Other sources

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By Application

  • Food
  • Spread
  • Creamer
  • Yogurt
  • Tofu
  • Others
  • Beverages

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • Other Asia-Pacific
  • LAMEA
    • Latin America
    • Rest of LAMEA

Key Players

  • WhiteWave Foods Company (U.S.)
  • Blue Diamond Growers (U.S.)
  • SunOpta Inc.(Canada)
  • Earth’s Own Food Company Inc.(Canada)
  • Living Harvest Foods Inc. (U.S.)
  • Hain Celestial Group, Inc.(U.S.)
  • Organic Valley Family of Farms (U.S.)
  • Panos Brands LLC (U.S.)
  • Pascual Group (Spain)
  • Eden Foods Inc.(U.S)

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