Embed Size (px)
Citation preview
GLOBAL INDUSTRY INSIGHT: Dairy Alternatives Market Size, Share, Development, Growth and Demand
Forecast to 2020
Global Dairy Alternatives Market Size, Share, Development,
Growth and Demand Forecast to 2020
The global dairy alternatives market is fueled by increasing consumers’ preference towards vegan food, growing
instances of lactose intolerant consumers, and nutritional benefits provided by such foods. The increasing
urbanization leading to change in lifestyle is further driving the growth of the global dairy alternatives market. On
the basis of formulation, the plain-unsweetened segment dominated the global market in 2014. Among
applications, the beverages segment dominated the global market in 2014.
Explore more about “Global Dairy Alternatives Market” at: https://www.psmarketresearch.com/market-
analysis/dairy-alternatives-market
The dairy farms are consolidating worldwide, owing to declining profitability of the small scale dairy farmers. This
is also affecting the raw milk production globally, thus creating demand of milk extracted from non-dairy sources.
The increasing demand for nutritional products and flavored health drinks has been observed to increase in the
recent years. The demand for such products is up surging despite their high price, as compared to the regular
dairy products.
Dairy alternatives are products similar to dairy products, in terms of application; however they are derived from
non-dairy sources, such as rice, oats, wheat, barley, and nuts. Being produced through cereals and nuts, they
have positive image among consumers. The increasing obesity and gastrointestinal diseases is also emerging as
potential drivers for the growth of the global dairy alternatives market. Based on various clinical research, over
80% of the global population suffer from gas, painful bloating, and diarrhea upon consumption of dairy products,
due to lack the essential enzyme in their body that are required to breakdown the milk sugars. Moreover, the fats
present in dairy products clogs arteries, thus leading to heart disease. On the other hand, the dairy alternatives,
such as soy milk offer protective health benefits, owing to phytoestrogen content in them. Hemp milk is one of the
best sources of Omega-3 fats, whereas almond milk is a good source of calcium.
Download TOC at: https://www.psmarketresearch.com/market-analysis/dairy-alternatives-market/toc-sample
The demand for dairy products, such as cheese, snacks, and desserts prepared from milk alternatives is also
increasing globally. The increasing on-the-go health drinks consumption is boosting the growth of beverages
segment in the application category of the global dairy alternatives market. The consumers carry health drinks at
workplace, sports field, gymnasium, and schools to satiate their nutritional requirement without taking breaks
during their schedule.
North America and Europe leads the global dairy alternatives market globally, however Asia-Pacific is expected to
witness fastest growth among the regions, during the forecast period. Soy and almond milk are the most preferred
milk alternatives in the U.S. Rice milk is most consumed among cereal-based milk in the country. The major
markets in Europe are France, Italy, Germany, the U.K., and Spain. The key markets in Asia-Pacific are China,
© P&S Market Research. All rights reserved 2
Global Dairy Alternatives Market Size, Share, Development,
Growth and Demand Forecast to 2020
Japan, Australia, and New Zealand. The increasing population and urbanization in Asia-Pacific are the key growth
drivers for dairy alternatives market in the region. The key competitors in the global dairy alternatives market
include Archer Daniels Midland Company, WhiteWave Foods Company, Sanitarium Health and Wellbeing, Hain
Celestial Group, Freedom Nutritional Products Group, SunOpta Inc., Nutriops S.L., Eden Foods Inc. and Earth’s
Own Food Company Inc.
Browse Related Market Research at: https://www.psmarketresearch.com/industry-report/consumer-products
Global Dairy Alternatives Market Segmentation
By Type
• Soy Milk
• Almond Milk
• Rice Milk
• Others
By Formulation
• Plain-Sweetened
• Plain-Unsweetened
• Flavored-Sweetened
• Others
By Application
• Food
• Beverages
About P&S Market Research
© P&S Market Research. All rights reserved 3
Global Dairy Alternatives Market Size, Share, Development,
Growth and Demand Forecast to 2020
P&S Market Research is a market research company, which offers market research and consulting services for
various geographies around the globe. We provide market research reports, industry forecasting reports,
business intelligence, and research based consulting services across different industry/business verticals.
As one of the top growing market research agency, we’re keen upon providing market landscape and accurate
forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through
their interaction with leading companies of the concerned domain. We help our clients with B2B market research
and assist them in identifying various windows of opportunity, and framing informed and customized business
expansion strategies in different regions.
Contact:
Abhishek
Executive – Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: [email protected]
Web: https://www.psmarketresearch.com
© P&S Market Research. All rights reserved 4
