Global Plant Based Milk Market: Size, Trends & Forecasts (2017-2021)
Scope of the Report
The report entitled “Global Plant Based Milk Market: Size, Trends & Forecasts (2017-2021)”, provides analysis of the global plant based milk market, with detailed analysis of market size and growth, and segmentation of the industry. The analysis includes the market by value and by volume. The report also provides the analysis of the global plant based market of the APAC, Europe, North America, Australasia, Latin America and MEA regions. The report also provides for the analysis of global dairy market by value, by products ,etc.
Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global plant based milk market has also been forecasted for the years 2017-2021, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Archer-Daniels-Midland, WhiteWave Foods, Hain Celestial Group, Inc. and Daiya Foods Inc. are some of the key players operating in the global plant based market, whose company profiling has been done in the report. In this segment of the report, business overview, financial overview and business strategies of the companies are provided.
Hain Celestial Group
Dairy products characterized as any sustenance produced by using the milk products of animal or plants. The most widely dairy items produced from cow, goat, sheep, etc. the different types of dairy products are Milk, Cream, Butter, Cheese, Yogurt, etc.
Milk is defined as an opaque white fluid rich in fat and protein produced by cows, goats, etc. or plant used by man as a food or in the production of other dairy products. The milk can be categorized into two categories as: Animal Based Milk, and Plant Based Milk.
Animal based milk refers to the milk derived from mammals, such as cows, goats and others, contains a variety of nutrients. The various milk variants can be categorized on the basis of fat content and flavor are: Whole Milk/Full Cream, Reduced Fat Milk, Low Fat Milk, Fat Free Milk and Flavored Milk. Plant based milk is defined as the milk made by grinding a bean or nut, then adding water, flavors, vitamins and minerals. The various sources of plant based milk are: Legumes, Cereals, Nuts and Seeds.
The global plant based milk market is expected to increase at high growth rates during the forecasted period (2017-2021). The global plant based milk market is supported by various growth drivers, increasing global population, increasing disposable income, increase in obese population, increase in vegan population , increasing dairy allergic consumer/ lactose intolerance, etc.
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