Dairy Alternative Market- Global Industry Insights, Trends

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Dairy Alternative Market - Global Industry
Insight, Trends, Outlook, and Opportunity
Analysis 2017-2025

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REPORT DESCRIPTION
Dairy Alternative Market Overview

• Dairy alternative products are substitutes for
  cows milk, which are processed from cereals,
  nuts, and seeds of certain plants. This food
  group is a vital part of a healthy and balanced
  diet as they are good sources of calcium,
  protein, and vitamins, which are necessary for
  normal bone growth and tooth development. The
  dairy alternatives can be used as milk in cooking
  and baking. Demand for dairy alternatives is
  driven by the low-fat content and low cholesterol
  concentration in it. Increase in obese and vegan
  population and rising health awareness among
  public globally are expected to propel the market
  growth.
• Dairy Alternative Market Taxonomy
• On the basis of source, the global market is
  classified as
• Almond Milk
• Soy Milk
• Rice Milk
• Oat Milk
• Coconut Milk
• Others

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REPORT DESCRIPTION

• On the basis of distribution channel, the global
  market is classified into
• Supermarkets
• Convenience Retailers
• Pharmacy
• Health food stores
• Others
• On the basis of application, the global market is
  classified into
• Food
• Yoghurt
• Ice-cream
• Cheese
• Pudding
• Beverages
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REPORT DESCRIPTION
Dairy Alternative Market Outlook- Asia Pacific is
the fastest growing region In Asia Pacific,
increase in number of dairy-allergic consumers is
expected to boost the revenue of the dairy
alternatives market. Increasing demand for
lactose-free food products and consumer
preference toward nutritional food are also
projected to fuel the market growth. The
nutritional value of animal milk is same as that
of plant-based milk. In addition to
lactose-free, dairy alternatives are also sources
of amino acids, fibers, and vitamin B, which are
essential for human body, hence dairy
alternatives market is expected to witness an
exponential growth over the forecast period. With
dietary diversification and high investments in
RD, the manufacturers are focusing on
innovations to expand their portfolio and to
achieve a competitive edge. In December 2016,
Organic Valley, one of the leading companies of
dairy alternatives products made headlines for
expanding its production in Mid-Atlantic. In
April 2017, a successful entrepreneur, Adam Lowry
teamed up with chemical engineers and launched
first yellow pea-based milk, Ripple, which claims
to have more protein as compared to almond milk.
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