Dairy Alternative Products Market Growth Rate Analysis 2019 Intelligence Insights of Market Size, Scope, Breakdown Data Forecast to 2024

Press Release

Dairy Alternative Products

Report Titled: “Global Dairy Alternative Products Market – Growth, Trends, and Forecast (2019 – 2024)

The Dairy Alternative Products Market report 2019 provides complete information of key players across the globe. Company provides detailed analysis of market and future aspects of “Dairy Alternative Products Market”. The report focuses on critical and significant data which makes the research a very important tool for experts, analysts and managers to get ready-to-access analysis.

Scope of the Report:

  • Dairy alternative products refer to a category of foods that include imitation of dairy products, which are similar in product attributes like taste and texture to genuine dairy products.
  • The report analyzes the recent trends, drivers, and challenges, affecting the market space for the dairy alternative sector. By product type, the market is divided into food and beverage. Food has been further segmented into yogurt, cheese, frozen desserts, and other foods. The beverage segment has been further segregated into soy milk, almond milk, coconut milk, rice milk, and other beverages.

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    Market Overview:

  • The dairy alternative products market was valued at USD 13.76 billion in 2018 and is estimated to register a CAGR of 9.85%, during the forecast period (2019-2024). In 2018, Asia-Pacific was the largest geographical segment of the market studied and accounted for a share of around 44.6% of the market.
  • Improved consumer preferences for non-dairy products, with a myriad of food choices, has enabled them to get most of the nutrients they need without sacrificing taste. Most of the consumers are seen switching from dairy to dairy-free products, because they are constantly getting aware of the fact that dairy-free diets may help alleviate certain problems, including digestive distress, an inability to lose weight, acne, and irritable bowel syndrome. Higher availability of dairy alternative products, along with growing awareness regarding benefits of dairy alternatives, will continue to drive the market over the forecast period.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Dairy Alternative Products Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Dairy Alternative Products .

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    Key Market Trends:

    Rising Consumer Interest in Health and Sustainability

    Consumer demand for alternatives to dairy is on the rise, and with it, is increasing the ever-expanding array of plant-based products to choose from. This is especially evident when considering milk substitutes. Each type of non-dairy milk offers a unique nutritional profile, with a wide range of values for protein, carbohydrates, and fat, along with vitamins and minerals. More importantly, apart from nutritional profile, words like “sustainable”, “green”, and “eco”- even leafy packaging or other marketing materials- tend to draw the eyes of consumers bombarded daily, with advertising messages, which is driving the consumption of dairy alternatives in the market, which are usually being positioned as sustainable products across the retail shelves.

    Asia – Pacific to Dominate the Global Market

    The health and wellness trend in Asia – Pacific has brought the issue of food intolerances and allergies to the forefront of modern consumers’ minds, boosting the consumption of dairy alternative products. Consumers are starting to prefer products that are low in calories, contain no artificial ingredients, and protein-rich. This is driving the studied market’s growth. Plant-based beverages provide vegetable protein or mixed proteins, which cater to the rising need for a healthy lifestyle.

    Consumers of plant-based protein in Asia-Pacific have adopted a dairy-free diet to improve their health and well-being, as plant-based diets can not only help curb obesity, stroke, and heart disease, prevent a variety of cancers, reduce cholesterol and arthritis pain, but also lower blood sugar, and increase energy and mental clarity.

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    Dairy Alternative Products Market Report Also Covers Marketing Strategy Analysis, Top Manufacturers:

  • Groupe Danone
  • Vitasoy International Holdings Ltd
  • Freedom Foods Group Ltd
  • Dean Foods Company
  • Blue Diamond Growers
  • Kikkoman Corporation
  • Campbell Soup Company
  • Hain Celestial Group
  • Goya Foods Inc.
  • Califia Farms
  • Edward & Sons Trading Co.
  • Pure Harvest
  • Elmhurst Milked Direct LLC
  • Daiya Food Inc.
  • Sanitarium Health & Wellbeing Company
  • Earth’s Own Food Company
  • Eden Foods Inc.

    What Dairy Alternative Products Market Report Provides:

    • Value chain analysis
    • Ecosystem analysis
    • Key players in ecosystem
    • Report highlights top manufacturers/suppliers/providers
    • Analysis of portfolio
    • Key distributors

    Some Major Points Covered in Dairy Alternative Products Market Report:

    • Introduction and Market Overview
    • Industry Chain Analysis
    • Market, by Type
    • Market, by Application
    • Production, Value ($) by Region (2014-2019)
    • Production, Consumption, Export, Import by Regions (2014-2019)
    • Market Status and SWOT Analysis by Regions
    • Competitive Landscape
    • Analysis and Forecast by Type and Application
    • Analysis and Forecast by Region
    • New Project Feasibility Analysis
    • Research Finding and Conclusion

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    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]

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