Dairy Alternatives Market: Share, Size, Competitive Strategies and Forecast 2017 – 2025

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Dairy Alternatives Market is estimated to surpass
USD 37.5 billion by 2025
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Key Insights from Dairy Alternatives Market

• Dairy Alternatives Market size is estimated to
  surpass USD 37.5 billion by 2025 according to a
  new research report by Global Market Insights,
  Inc.
• The growing demand for dairy-free products across
  various end-use industries such as cheese,
  desserts, snacks, and beverages are steering the
  industry growth. Increasing intake of dairy
  alternatives by vegan population coupled with
  rise in patients suffering from lactose
  intolerance, milk allergies, and calorie concerns
  will bolster the product adoption in beverage
  applications.
• Increasing penetration of dairy alternatives in
  beverages owing to several benefits offered such
  as improved nutritional content will fuel the
  business development. The shift from conventional
  dairy products such as cow milk to nuts and
  legume-based milk products along with rising
  consumer concerns for maintaining a healthy diet
  are the key factors influencing the business
  dynamics.
• The beverage segment dominates the industry and
  anticipated to reach around USD 33 billion in
  2025. The growing trend of utilizing plant-based
  product content in a beverage for people
  suffering from milk allergy, lactose intolerance,
  and phenylketonuria will fuel the business growth.

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Continued...

• Regulatory agencies such as EDA, USDA, FAO,
  USFDA, EC, etc. undertook initiatives such as
  awareness campaigns to promote the need for
  maintaining healthy diet and lifestyle owing to
  increasing instances of diseases related to
  lactose tolerance and nutrition deficiency.
• Manufacturers are focusing on the adoption of
  sustainable practices such as optimizing their
  network with farmers, energy waste management,
  and the utilization of industry by-products as
  raw materials. They are also developing products
  in line with stringent regulations of governing
  bodies, thereby aiding product growth over the
  forecast timeline.
• The global dairy alternatives market is highly
  competitive owing to the presence of a few
  dominating companies including Whitewave Foods,
  Hain Celestial Group, Inc., Blue Diamond Growers,
  SunOpta Inc., New Barn. Other prominent players
  in the industry include Triballat Noyal, Califia
  Farms, Valsoia S.p.A, Freedom Foods, and Pacific
  Foods. Strategic initiatives such as new product
  launches, geographical expansions, RD
  investments, and mergers acquisitions help the
  industry participants explore the untapped
  business potential. Industry players resort to
  supply chain agreements with dealers and
  distributors to ensure efficient flow of products.

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North America Almond Based Dairy Alternatives
Market, By Application, 2018 2025, (USD
Million)

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Browse Full Market Research Report On Dairy
Alternatives Market _at_ http//bit.ly/2PqGWy6
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_at_ https//www.gminsights.com/request-sample/detail
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