Dairy Alternative can also be called as Dairy free or No dairy product. For making Dairy alternatives, the milk is extracted from almonds, soy, coconut, cashew-nuts, oat, rice, hemp etc. and those products are sold in milk form as well as after processing it and making products like cheese, yogurt etc. and this comes under Dairy Alternative Market.
Dairy Alternative can also be called as Dairy free or No dairy product. For making Dairy alternatives, the milk is extracted from almonds, soy, coconut, cashew-nuts, oat, rice, hemp etc. and those products are sold in milk form as well as after processing it and making products like cheese, yogurt etc and this comes under Dairy Alternative Market
The Global Dairy Alternatives Market has recorded $10,139.8m in 2017 and it is estimated to surpass $15,720m by 2023 growing at an estimated rate of more than 9.9% during 2018 to 2023. Almond and Soy Milk are witnessed as fast growing in the market with almost 40% and 37% globally. This rise is due to the nutrition elements present in them such as calcium, vitamins and proteins. In case of Formulation category sweet flavor steals 62% of market share by dominating others.
The Global Dairy Alternatives Market is expected to attain a market size of $20.2 billion by 2022, growing at a CAGR of 13.7% during the forecast period. Full report - https://kbvresearch.com/global-dairy-alternatives-market/
Big Market Research presents a fresh survey on “Global Dairy Alternative Beverages Market 2015-2019” Report Copy Available @ http://www.bigmarketresearch.com/global-dairy-alternative-beverages-market Market outlook of dairy alternative drinks Market research analyst predicts the global dairy alternative drinks market to grow steadily at a CAGR of approximately 15% between 2015 and 2019. The nutritional benefits of dairy alternative drinks are the key growth drivers of this market. Dairy alternative drinks are plant-based milk made from cereals, nuts, and seeds. Health issues such as lactose intolerance, milk allergy, and the genetic disorder such as Phenylketonuria can be resolved by taking dairy alternative beverages as these are plant based milk and are free from animal proteins. Moreover, they have low-fat and low-cholesterol levels, making them a popular choice for health-conscious consumers and vegans.
As veganism is accelerating its move in the mainstream, the demand for plant-based food products has witnessed an upsurge. A recent market study by Future Market Insights (FMI) predicts that the revenue of the dairy alternatives market will reach US$ 34.6 billion by 2029. In terms of value, the global dairy alternatives market is projected to register a CAGR of 8.3% during the forecast period, according to FMI.
Dairy Alternative or Dairy Substitute is exactly the product as its name suggests, i.e. a substitute for dairy product. There are so many reasons, an individual doesn’t prefer Dairy products like bunch of reasons mainly Lactose intolerance, vegan lifestyle and people with different allergies with milk.
Dairy Alternatives Market Information & Analysis by Product Type (Soy Milk, Almond Milk, Coconut Milk, Rice Milk, Oat Milk, Hemp Milk, and Others), Formulation (Flavored and Plain), Application (Food and Beverages), Distribution Channel and Segments: Forecast To 2027
Global Dairy Alternatives Market is estimated to reach $28,745 Million by 2025; growing at a CAGR of 13.1% from 2017 to 2025. Dairy alternatives are lactose free products which are used as a replacement of
Global Dairy Alternatives Market is estimated to reach $28,745 Million by 2025; growing at a CAGR of 13.1% from 2017 to 2025. Dairy alternatives are lactose free products which are used as a replacement of
Dairy Alternatives Market Information & Analysis by Product Type (Soy Milk, Almond Milk, Coconut Milk, Rice Milk, Oat Milk, Hemp Milk, and Others), Formulation (Flavored and Plain), Application (Food and Beverages), Distribution Channel and Segments: Forecast To 2027
For more Info: https://www.renub.com/global-dairy-alternatives-market-nd.php There is no doubt that conventional milk still dominates the dairy market. However, the dairy business is changing as we all have noticed that a number of the plant-based beverages and products are being racked in the shelf of grocery stores. The increasing demand of plant-based dairy alternatives over the conventional milk will indeed help dairy alternative market to gain its momentum in the near future. Dairy Alternatives Market thrives to cross US$ 34 Billion by the year 2024, according to the Renub Research’s latest report. The major reason for the growth of Dairy Alternatives Market is because of the shifting consumer tends to dairy alternatives rather than conventional milk.
The discussion was about the innovation of new set of multi serving products; that mainly focus on fulfilling more consumer need. Additionally, nutrition, protein, and flavored added products are expected to be launched in market by some of the big brands manufacturing dairy alternative products.
iGATE Research has released a research report on “Dairy Alternatives Market, Consumption Volume (by Source, Application, Products, Nature, Sales Channel, & Region) and 20 Company Profile - Global Forecast to 2026” Click here to view the complete report: https://www.igateresearch.com/dairy-alternatives-market-consumption-volume-by-source-application-products-nature-sales-channel-region-and-20-company-profile-global-forecast-to-2026.html Contact US iGATE Research PVT LTD Ravi Sinha Sales Manager Marketing and Sales Divison Email: ravi.sinha@igateresearch.com Contact: +91-858-684-0791, +91-821-092-7469 (INDIA) Web: www.igateresearch.com
[318 Pages Report] Dairy Alternative (Beverage) Market report categories the global market by Type (Rice, Soy), Formulation (Sweetened, Flavored), Channel (Pharmacy, Supermarket) & Geography
According to Renub Research analysis Dairy Alternatives Market is anticipated to cross USD 35 Billion by 2026. Global Forecast by Plant based Milk, Regions, & Companies.
Dairy alternative based food and beverages are prepared from dairy-free milk, extracted from various plant based sources. Check complete report @ http://www.marketintelreports.com/report/FO161678/dairy-alternative-market-by-source-soy-milk-almond-milk-rice-milk-other-sources-application-food-and-beverage
Plant-based beverages are also termed as plant-based milk or plant milk. Plant-based beverages are extracted from plant material including seeds grain and water as a vehicle. These are often used as alternative for dairy milk and mostly preferred by the consumers who are prone to lactose intolerance. The almond milk is the most popular plant-based milk.
Plant-based beverages have created a huge space among the consumers who require nutrients in their regular diets. The non-dairy beverages are known to have high amount of minerals, vitamins, fibres, and other phytonutrients, giving all the nutritional benefits to the consumers. Plant-based beverages are widely used by the consumers who prefer variety of flavours and taste in their milk. Also, there are people who are intolerant or allergic to dairy milk because of which they lack in getting dairy nutrients. For them, plant-based nutrients can be the best choice, giving all the required nutrients similar to that of dairy products.
Review of Calcium fortification ingredients typically used in fortification of Foods and Beverages. Specific focus on Calcium types and ingredient industry key players.
Asia Pacific region holds the largest market share and growth in the Dairy Alternatives Market and is anticipated to reach $8.25 billion by 2023 at a CAGR of 8.3%. The APAC region is followed by North Americas. Large consumer base coupled with familiarity of soy and almond among the Chinese people, spurs the market growth. The key channels include super markets, health food stores, convenience stores, and pharmacies.
The global functional beverage market was valued at USD 129.5 million in 2020 and is estimated to reach USD 208.2 billion by 2027, with a CAGR of around 8.1% during the forecast period.
The Increasing demand for food with the increase in population, high demand from companies for the equipment’s to meet the large demand, increasing disposable income of the people in the society are key factors contributing to high CAGR of Food & Beverage Processing Equipment during forecast period.
Secondary packaging in beverages is more important for major beverage brands because the competition for them begins on the shelf. Asian consumers decide the beverage products based on the kind of packaging which is a great opportunity for beverage manufacturers to keep themselves updated with the latest packaging products. Packaging innovations maintains beverage sales and looks for newer ways to attract the consumers.
Infinium Global Research has added a new report on Africa Functional Beverage Market. The report predicts the market size of Functional Beverage is expected to reach XX billion by 2022.
According to Cognitive Market Research, the global non-dairy creamer market size is USD 1851.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 7.30% from 2024 to 2031.
Aquafaba, the viscous liquid derived from cooking legumes, notably chickpeas, has emerged as a versatile ingredient in vegan cooking and plant-based food products. With its unique properties as an egg substitute, aquafaba has garnered attention from food manufacturers, chefs, and health-conscious consumers worldwide. The global aquafaba market demonstrates promising growth potential, driven by the rising popularity of veganism, plant-based diets, and the demand for clean label ingredients. According to Persistence Market Research's projections, the aquafaba market is expected to surge ahead at a CAGR of 13.2%, thereby increasing from a value of US$ 65 Million in 2023 to US$ 224 Million by the end of 2033.
Coconut cream, a versatile ingredient derived from the flesh of mature coconuts, holds a significant presence in Oceania's culinary landscape. Widely used in traditional cuisines, beverages, desserts, and as a dairy alternative, coconut cream enjoys robust demand driven by its rich flavor, nutritional benefits, and cultural significance. The Oceania coconut cream market demonstrates steady growth, propelled by factors such as increasing consumer awareness of health-conscious choices, culinary diversity, and the rising popularity of plant-based products. With a projected compound annual growth rate (CAGR) of 6.6%, the market is expected to expand from a valuation of $18.07 million in 2023 to $34.16 million by 2033.
Egg powder, a convenient alternative to fresh eggs, is produced by dehydrating eggs. The process involves breaking eggs, separating yolks and whites, and then spray drying the liquid into a powder. This process preserves the nutritional content and extends the shelf life of eggs. Egg powder comes in various forms including whole egg powder, egg yolk powder, and egg white powder, each catering to different applications. According to Persistence Market Research's projections, the global egg powder market is expected to be valued at over US$ 1.14 Bn in 2024, growing at a CAGR of 4.5% during the forecast period 2024-2031.
Fatty acid supplements, encompassing a wide range of essential nutrients such as omega-3, omega-6, and omega-9, are gaining traction for their numerous health benefits. According to Persistence Market Research's projections, the market for fatty acid supplements can be expected to expand at a value based CAGR of 7% and show an increase in revenue from US$ 5,406.0 Mn to around US$ 10,834.9 Mn by 2032. The market's growth is propelled by increasing awareness of the health benefits associated with fatty acids, rising demand for dietary supplements, and a growing focus on preventive healthcare.
Food and Beverage Processing Equipment Market Analysis by Food or Beverage Form (Solid, Liquid, Others), Application (Bakery & Confectionary, Dairy & Dairy Alternatives, Fruits, Others), Equipment Operation Type and Processing Type - Forecast to 2026
Developing effective market entry strategies and expansion plans is essential for companies seeking to enter or expand their presence in the citrus pectin market. Market research, competitive analysis, and strategic partnerships are key components of successful market entry and expansion initiatives.
In today’s health-conscious world, the demand for fruit juices has been on a steady rise, with consumers seeking refreshing and nutritious alternatives to sugary beverages. Let’s take a closer look at the vibrant landscape of the juice market, including key trends, market size, major players, and future prospects.
For more information kindly visit : https://www.bharatbook.com/beverages-market-research-reports-412851/global-milk-alternatives.html Bharat Book Bureau provides the report, on “ Global Markets for Milk Alternatives ”. Milk is considered very nutritious and has the reputation that its consumption results in healthy bodies. However, nowadays, people are searching for alternatives to dairy products.
Food and Beverage Processing Equipment Market Analysis by Food or Beverage Form (Solid, Liquid, Others), Application (Bakery & Confectionary, Dairy & Dairy Alternatives, Fruits, Others), Equipment Operation Type and Processing Type - Forecast to 2026
The non-alcoholic beverages market is expected to grow from US$ 1,247.20 billion in 2021 to US$ 1,888.57 billion by 2028. It is estimated to grow at a CAGR of 6.2% from 2022 to 2028.
Increasing consumer awareness about personal health and fitness along with the increasing demand for dietary supplements should escalate microbial-based alternative protein demand.
Carbonated soft drinks, bottled waters, juices & nectars, dairy-based and dairy alternative beverages, RTD tea and coffee, and energy drinks are the different non-alcoholic beverages. The sugar-free category is gaining significant traction among consumers due to rising health concerns and the high prevalence of obesity, diabetes, and heart diseases in various countries across the globe.
Beverages consist of alcoholic and non-alcoholic beverages. The alcoholic beverages segment includes caffeinated alcoholic beverages, fruity alcoholic beverages, beer, flavoured alcoholic beverages, spirits, wines such as still wines and sparkling wines and gluten-free alcoholic beverages. Non-alcoholic beverages consist of less than 0.5% alcoholic content by volume.
The growth of specialty yeast market is due to the rising demand for bakery products and a positive trend in the consumption of alcoholic beverages. Emerging economies such as China, India, and Brazil offer several opportunities for market expansion. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=231306040
The Global Plant-based Food and Beverage Market is growing at a CAGR of 10.91% and is expected to reach $84914.17 million, during the forecast period 2023-2030. Read More https://www.tritonmarketresearch.com/reports/plant-based-food-and-beverage-market
The global plant-based food and beverage market is growing at a CAGR of 10.91% and is expected to reach $84914.17 million, during the forecast period 2023-2030
The growing awareness regarding the health benefits of vegan and plant-based dairy alternatives is expected to positively influence the industry outlook.
The global plant-based beverages market, valued at US$15.3 billion in 2019, is projected to surpass a valuation of US$34.8 billion by the end of 2026, registering a robust compound annual growth rate (CAGR) of 12.9% during the forecast period from 2021 to 2026.