Dairy Alternatives Market: Share, Size, Competitive Strategies and Forecast 2019 – 2025

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Stringent regulations imposed on the manufacturing process such as functionalrequirements, the need of mentioning animal-based products in food labels, highercost of nuts & legumes, and increasing energy costs may increase the overallproduction cost which in turn will hinder the market share.North America Almond Based Dairy Alternatives Market, ByApplication, 2018 & 2025, (USD Million)Browse key industry insights spread across 1200 pages with 2325 market data tables& 14 figures & charts from the report, “Global Dairy Alternatives Market Size ByProduct (Almond, Soy, Coconut, Oat, Rice, Hemp), By Application (Food{Cheese, Deserts, Snacks}, Beverages), By Formulation (Sweetened,Unsweetened), By Sales Channel (Mainstream Stores, Specialty Stores, OnlineStores) Industry Analysis Report, Regional Outlook (U.S., Canada, Germany,UK, France, Spain, Russia, Italy, China, India, Japan, South Korea, Indonesia,Australia, Brazil, Mexico, Argentina, Saudi Arabia, UAE, South Africa), GrowthPotential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” indetail along with the table of contents:https://www.gminsights.com/industry-analysis/dairy-alternatives-marketCoconut is expected to witness a significant growth at over 10% up to 2025. Coconutmilk is commonly used dairy milk substitute having a creamy texture with a relativelyhigh amount of fat content. It offers benefits such as increased levels of HDLcholesterol in the body, efficient weight management, and protection fromcardiovascular diseases. These factors are expected to fuel the segment demand overthe forthcoming years.2 | P a g e
The unsweetened segment constitutes a major share in the dairy alternatives industry.The segment does not contain added sugar or sweetening agents, which typicallyaccounts for half of the calorie contents found in cow’s milk. Increasing intake of thislight-tasting substitute by diabetic patients for maintaining a healthy diet will be a keyfactor driving the segment growth.Online stores emerged as the fastest growing distribution channel. The online servicessector has gained momentum in both developed and developing countries owing tocost-effectiveness and faster accessibility. The increasing popularity of online saleschannels is creating potential opportunities for segment growth over the forecasttimeframe.North America dairy alternatives market accounts for over 25% share and expected towitness significant gains over the forecast timeline. The escalating number of patientswith allergies and nutritional deficiency will result in dairy alternative products demandacross the region. Changing eating habits and lifestyle owing to rising adult populationsuffering from obesity and diabetes in the U.S. and Canada will further drive the plantbasedrice and almond milk products demand.The global dairy alternatives market is highly competitive owing to the presence of afew dominating companies including Whitewave Foods, Hain Celestial Group, Inc.,Blue Diamond Growers, SunOpta Inc., New Barn. Other prominent players in theindustry include Triballat Noyal, Califia Farms, Valsoia S.p.A, Freedom Foods, andPacific Foods. Strategic initiatives such as new product launches, geographicalexpansions, R&D investments, and mergers & acquisitions help the industryparticipants explore the untapped business potential. Industry players resort to supplychain agreements with dealers and distributors to ensure efficient flow of products.Segmentation :of Dairy Alternatives Market :Dairy alternatives market research report includes in-depth coverage ofthe industry with estimates & forecast in terms of volume in million litres& revenue in USD million from 2013 to 2025, for the following segments:Dairy alternatives Market By Product• Almond• Soy• Coconut• Oat• Rice• Hemp• Others (Cashew, Hazelnut, and Quinoa)3 | P a g e
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Dairy Alternatives Market: Share, Size, Competitive Strategies and Forecast 2019 – 2025

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