
Dairy Alternatives Market by Source (Almond, Soy, Oats, Hemp, Coconut, Rice and Others), Application (Cheese, Creamers, Yogurt, Ice Creams, Milk and Others), Formulation (Plain and Flavored) and Geography (North America, Europe, APAC and RoW)-Forecast up
Description
Dairy alternatives are food and beverage products which are being taken as an alternative for dairy. These products are extracted from plants and are esteemed to be a very health substitute to dairy. Soy milk, coconut milk and almond milk are among the most common options for dairy alternatives across the world. Dairy alternatives are considered a healthy due to the existence of a various important vitamins and minerals. They are also less on fats, cholesterol and have zero concentration of lactose. Dairy alternatives have been very famous in the developed and emerging markets. This can be ascribed to the increasing prevalence of lactose intolerance and dairy allergies among the global population led to a rising demand for dairy-free alternatives. Dairy alternatives offered a suitable solution for individuals who could not consume traditional dairy products. A part from the driving factors, the instable prices of raw materials of the diary alternatives are hampering the market growth. The Dairy Alternatives Market is expected to grow at the rate of 12.5% CAGR by 2028.
Dairy Alternatives Market by Source
Among the all applications, the milk is the major segment to have a maximum share in the market. Prioritizing to the health consumers are more concerned about choosing the beverages. The high demand for milk extracted from non dairy ingredients such as almond, coconut, soy and other non dairy ingredients is having has increasing rapidly owing to the health concerns associated to lactose intolerance and busy lifestyles of working middle-class people.
In terms of formulation, the market is segmented into plain and flavored. The plain segment has acquired a maximum share in the dairy alternatives market. This is due to increasing demand for plain unflavored milk increasing plain milk such as almond milk, coconut milk, soy milk and rice milk which are unsweetened and owing to increasing preference for low-calorie products in the 40 age population is boosting the demand for plain milk.
The geographical regions of dairy alternatives market are North America, Europe, Asia Pacific and Rest of the World. The Asia Pacific has the major contribution in the market share due to the drastic urbanization, diversification in diet, increase in the per capita income of the population are the factors driving the market in this region.
Furthermore, the significant factors stimulating the global dairy alternatives are dominance of plant-based milk alternatives, such as almond milk, soy milk, oat milk, coconut milk, and rice milk, dominated the dairy alternatives market. Consumers increasingly chose these plant-based options as substitutes for traditional cow's milk due to health, environmental, and ethical reasons.
The White Wave Foods Company, Blue Diamond Growers, Green Spot Co., Ltd, Freedom Foods Group Limited, Earth’s Own Food Company Inc., Hain Celestial, SunOpta, Ecomil, Sanitarium, Eden Foods Inc., Triballat Noyal, Valsoia SpA, Dohler, Panos Brands, Hiland Dairy, Ripple Foods and Califia Farms are the few notable companies of dairy alternatives market.
As a result, these dairy alternative products have crucial role in the daily life since, the milk and other milk products are very essential and have the major contribution in the protein supplements. Moreover, compared to the usual dairy products these products are less in cholesterol and more beneficial.
Dairy Alternatives Market by Source
- Almond
- Soy
- Oats
- Hemp
- Coconut
- Rice
- Others
- Cheese
- Creamers
- Yogurt
- Ice Creams
- Milk
- Others
- Plain
- Flavored
- North America
- Europe
- Asia Pacific
- Rest of the World
Among the all applications, the milk is the major segment to have a maximum share in the market. Prioritizing to the health consumers are more concerned about choosing the beverages. The high demand for milk extracted from non dairy ingredients such as almond, coconut, soy and other non dairy ingredients is having has increasing rapidly owing to the health concerns associated to lactose intolerance and busy lifestyles of working middle-class people.
In terms of formulation, the market is segmented into plain and flavored. The plain segment has acquired a maximum share in the dairy alternatives market. This is due to increasing demand for plain unflavored milk increasing plain milk such as almond milk, coconut milk, soy milk and rice milk which are unsweetened and owing to increasing preference for low-calorie products in the 40 age population is boosting the demand for plain milk.
The geographical regions of dairy alternatives market are North America, Europe, Asia Pacific and Rest of the World. The Asia Pacific has the major contribution in the market share due to the drastic urbanization, diversification in diet, increase in the per capita income of the population are the factors driving the market in this region.
Furthermore, the significant factors stimulating the global dairy alternatives are dominance of plant-based milk alternatives, such as almond milk, soy milk, oat milk, coconut milk, and rice milk, dominated the dairy alternatives market. Consumers increasingly chose these plant-based options as substitutes for traditional cow's milk due to health, environmental, and ethical reasons.
The White Wave Foods Company, Blue Diamond Growers, Green Spot Co., Ltd, Freedom Foods Group Limited, Earth’s Own Food Company Inc., Hain Celestial, SunOpta, Ecomil, Sanitarium, Eden Foods Inc., Triballat Noyal, Valsoia SpA, Dohler, Panos Brands, Hiland Dairy, Ripple Foods and Califia Farms are the few notable companies of dairy alternatives market.
As a result, these dairy alternative products have crucial role in the daily life since, the milk and other milk products are very essential and have the major contribution in the protein supplements. Moreover, compared to the usual dairy products these products are less in cholesterol and more beneficial.
- The report gives the overall perception of the market growth factors, and other factors which are positively and negatively impacting the market growth.
- This study explains each and every segments and sub segments of the market and their contribution in the market growth.
- Further this report gives the analysis of the forthcoming trends and preferences of the consumers of the market.
- The in depth insights is offered about the key vendors of the market in terms of their dynamic strategies, new products launched and expansion of the business.
Table of Contents
100 Pages
- 1. Executive Summary
- 2. Industry Outlook
- 2.1. Industry Overview
- 2.2. Industry Trends
- 3. Market Snapshot
- 3.1. Market Definition
- 3.2. Market Outlook
- 3.2.1. PEST Analysis
- 3.2.2. Porter Five Forces
- 3.3. Related Markets
- 4. Market characteristics
- 4.1. Market Evolution
- 4.2. Market Trends and Impact
- 4.3. Advantages/Disadvantages of Market
- 4.4. Regulatory Impact
- 4.5. Market Offerings
- 4.6. Market Segmentation
- 4.7. Market Dynamics
- 4.7.1. Drivers
- 4.7.2. Restraints
- 4.7.3. Opportunities
- 4.8. DRO - Impact Analysis
- 5. Source: Market Size & Analysis
- 5.1. Overview
- 5.2. Almond
- 5.3. Soy
- 5.4. Oats
- 5.5. Hemp
- 5.6. Coconut
- 5.7. Rice
- 5.8. Others
- 6. Application: Market Size & Analysis
- 6.1. Overview
- 6.2. Cheese
- 6.3. Creamers
- 6.4. Yogurt
- 6.5. Ice Creams
- 6.6. Milk
- 6.7. Others
- 7. Formulation: Market Size & Analysis
- 7.1. Overview
- 7.2. Plain
- 7.3. Flavored
- 8. Geography: Market Size & Analysis
- 8.1. Overview
- 8.2. North America
- 8.3. Europe
- 8.4. Asia Pacific
- 8.5. Rest of the World
- 9. Competitive Landscape
- 9.1. Competitor Comparison Analysis
- 9.2. Market Developments
- 9.2.1. Mergers and Acquisitions, Legal, Awards, Partnerships
- 9.2.2. Product Launches and execution
- 10. Vendor Profiles
- 10.1. The White Wave Foods Company
- 10.1.1. Overview
- 10.1.2. Product Offerings
- 10.1.3. Geographic Revenue
- 10.1.4. Business Units
- 10.1.5. Developments
- 10.1.6. Business Strategy
- 10.2. Blue Diamond Growers
- 10.2.1. Overview
- 10.2.2. Product Offerings
- 10.2.3. Geographic Revenue
- 10.2.4. Business Units
- 10.2.5. Developments
- 10.2.6. Business Strategy
- 10.3. Green Spot Co., Ltd
- 10.3.1. Overview
- 10.3.2. Product Offerings
- 10.3.3. Geographic Revenue
- 10.3.4. Business Units
- 10.3.5. Developments
- 10.3.6. Business Strategy
- 10.4. Freedom Foods Group Limited
- 10.4.1. Overview
- 10.4.2. Product Offerings
- 10.4.3. Geographic Revenue
- 10.4.4. Business Units
- 10.4.5. Developments
- 10.4.6. Business Strategy
- 10.5. Earth’s Own Food Company Inc
- 10.5.1. Overview
- 10.5.2. Product Offerings
- 10.5.3. Geographic Revenue
- 10.5.4. Business Units
- 10.5.5. Developments
- 10.5.6. Business Strategy
- 10.6. Hain Celestial
- 10.6.1. Overview
- 10.6.2. Product Offerings
- 10.6.3. Geographic Revenue
- 10.6.4. Business Units
- 10.6.5. Developments
- 10.6.6. Business Strategy
- 10.7. SunOpta
- 10.7.1. Overview
- 10.7.2. Product Offerings
- 10.7.3. Geographic Revenue
- 10.7.4. Business Units
- 10.7.5. Developments
- 10.7.6. Business Strategy
- 10.8. Ecomil
- 10.8.1. Overview
- 10.8.2. Product Offerings
- 10.8.3. Geographic Revenue
- 10.8.4. Business Units
- 10.8.5. Developments
- 10.8.6. Business Strategy
- 10.9. Sanitarium
- 10.9.1. Overview
- 10.9.2. Product Offerings
- 10.9.3. Geographic Revenue
- 10.9.4. Business Units
- 10.9.5. Developments
- 10.9.6. Business Strategy
- 10.10. Eden Foods Inc
- 10.10.1. Overview
- 10.10.2. Product Offerings
- 10.10.3. Geographic Revenue
- 10.10.4. Business Units
- 10.10.5. Developments
- 10.10.6. Business Strategy
- 11. Companies to Watch
- 11.1. Triballat Noyal
- 11.1.1. Overview
- 11.1.2. Market
- 11.1.3. Business Strategy
- 11.2. Valsoia SpA
- 11.2.1. Overview
- 11.2.2. Market
- 11.2.3. Business Strategy
- 11.3. Dohler
- 11.3.1. Overview
- 11.3.2. Market
- 11.3.3. Business Strategy
- 11.4. Panos Brands
- 11.4.1. Overview
- 11.4.2. Market
- 11.4.3. Business Strategy
- 11.5. Hiland Dairy
- 11.5.1. Overview
- 11.5.2. Market
- 11.5.3. Business Strategy
- 11.6. Ripple Foods
- 11.6.1. Overview
- 11.6.2. Market
- 11.6.3. Business Strategy
- 11.7. Califia Farms
- 11.7.1. Overview
- 11.7.2. Market
- 11.7.3. Business Strategy
- 12. Analyst Opinion
- 13. Annexure
- 13.1. Report Scope
- 13.2. Market Definitions
- 13.3. Research Methodology
- 13.3.1. Data Collation and In-house Estimation
- 13.3.2. Market Triangulation
- 13.3.3. Forecasting
- 13.4. Report Assumptions
- 13.5. Declarations
- 13.6. Stakeholders
- Abbreviations
Pricing
Currency Rates
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