Dairy Alternatives Market by Type (Soy, Almond, Coconut, Rice, Oat, Hemp), Formulation (Plain & Sweetened, Plain & Unsweetened, Flavored & Sweetened, Flavored & Unsweetened), Application (Food, Beverages), and Region - Global Forecast to 2022

Published: June 2017
No. of Pages: 157
    ReportsandReports

“The dairy alternatives market is projected to grow at a CAGR of 11.7%”

The global dairy alternatives market was valued at USD 7.37 billion in 2016and is projected to reach USD 14.36billion by 2022,growing at a CAGR of11.7%. This market is driven by the increasing health consciousness among consumers, growing lactose intolerance, and inclination toward a vegan diet. Price sensitivity of raw material in manufacturing dairy-free food products has been considered as the restraining factors for the market.

“In terms of type, coconut milk is projected to be the fastest-growing segment during the forecast period”

One of the major drivers for the growth of the coconut milk segment is attributed to its increased application areas—ranging from confectionery, snacks, and yogurt to frozen dessert. Commercially, newer varieties of coconut milk in the form of coconut milk powder are being introduced, which further supports its growth in the dairy alternatives market. Also, it is a good source of energy and provides nutrients such as minerals, vitamins, and electrolytes.

“Flavored & unsweetened is projected to be the fastest-growing formulation for dairy alternatives during the forecast period”

One of the drivers for the growth of the flavored & unsweetened segment is the growing health concerns among consumers. Flavored & unsweetened dairy alternatives are increasingly becoming popular, owing to the rise in health consciousness among consumers who refuse the usage of added artificial or natural sweeteners in their products. Also, factors such as the changing lifestyles, rising health consciousness, and changing eating habits are driving the growth of the flavored & unsweetened segment.

“North America is projected be the fastest-growing region for dairy alternatives during the forecast period”

The North American dairy alternatives market is led by wide applications in food & beverage products, along with their health benefits. Growing health consciousness among consumers and the rising number of cases of lactose intolerance & milk allergies are fueling the market for dairy alternatives in this region. According to the National Dairy Council, in 2011, about 25% of the U.S. population and 75% of the world’s population have low lactase levels or are lactose maldigesters.

Break-up of Primaries:

  • By Company Type – Tier 1- 35%, Tier 2- 45%, Tier 3- 20%
  • By Designation – C level-25%, Directors-30%, Others*- 45%
  • By Region – North America- 20%, Europe-25%, Asia-Pacific-45%, RoW- 10%

*Others include sales managers, marketing managers, and product managers.

Leading players profiled in this report are as follows:

  • White wave Foods (U.S.)
  • The Hain Celestial Group, Inc. (U.S.)
  • Blue Diamond Growers (U.S.)
  • Sun Opta Inc. (Canada)
  • Freedom Foods (Australia)
  • Eden Foods (U.S.)
  • Nutriops SL. (Spain)
  • Earth's Own Food Company Inc. (Canada)
  • Triballat Noyal(France)
  • Valsoia S.p.A (Italy)
  • DöhlerGmbH (Germany)

Study Coverage:

The dairy alternatives market has been segmented on the basis of type, formulation, and application which are further divided into their subsegments. It has also been segmented on the basis of region into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).In terms of insights, this research report has focused on various levels of analyses—industry analysis, company profiles of top players, which together comprise and discuss the basic views on the competitive landscape, emerging & high-growth segments of the dairy alternatives market, high-growth regions, countries, drivers, restraints, and opportunities.

Reasons to buy this report:

  • To get a comprehensive overview of the global dairy alternatives market
  • To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by the players
  • To gain insights about country- and region-based market trends and growth prospects in the dairy alternatives market

Published By: MarketsandMarkets
Product Code: MarketsandMarkets776


Did you find what you are/were looking for ? If not, read below and browse through other relevant pages for similar market research reports OR get in touch with us through the form/contact info in your right navigation panel and well share relevant market report titles for you to explore.

Related Reports:

  • 2017-2022 Global and Japan Milk Replacers Market Analysis Report

    The global Milk Replacers market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2017, growing at a CAGR of XX% between 2016 and 2022. Japan plays an important role in global market, with market size of xx...

  • Global and Europe Milk Replacers Market - Analysis and Outlook to 2022

    This report presents a comprehensive overview of the Milk Replacers market in Europe, which shares the history data information from 2012 to 2016, and forecast from 2017 to 2022. This report provides a detailed analysis of the market, including it...

  • Global Milk Replacers Detailed Analysis Report 2017-2022

    This report mainly introduces volume and value market share by players, by regions, by product type, by consumers and also their price change details. As a Detailed Analysis report, it covers all details inside analysis and opinion in Milk Replacers ...

  • Global and United States Milk Replacers In-Depth Research Report 2017-2022

    The report is based on the market historical data from 2012 to 2016 and forecast the market trend from 2017 to 2022. This report focuses on the U.S. market and presents volume and value of market share by players, by regions, by product type, by con...

  • Global Sports Nutrition Food Market Professional Survey Report 2017

    This report studies Sports Nutrition Food in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 202...

  • Global Vodka Market Professional Survey Report 2017

    This report studies Vodka in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This repor...

  • Global Food Leavening Agent Market Professional Survey Report 2017

    This report studies Food Leavening Agent in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022...

  • Global Absinthe Market Professional Survey Report 2017

    This report studies Absinthe in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This re...

  • Global Soluble Coffee Market Professional Survey Report 2017

    This report studies Soluble Coffee in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. T...

  • United States Probiotic Supplements Market Report 2017

    In this report, the United States Probiotic Supplements market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report splits the U...


Why ReportsnReports.com?

  • 500,000 market research reports and growing.
  • Top Fortune 500 Organizations trust us for research data.
  • 24/7 support on call as well as emails.
  • Your Details are safe with us.
  • Free support for your research requirements.
  • Report Delivery: Email
  • Delivery Time:
    • Upto 24 hrs - working days
    • Upto 48 hrs max - weekends and public holidays

Research Support / Custom Research

If this business study does not have the data and information analysis you need, contact us with your research requirements. We explore available market research reports to map your needs and share report titles with you. Alternatively, we can also offer custom research that suits your budget and timelines. Share your information requirements here.
Connect With Us
Email: sales@reportsandreports.com Call : + 1 888 391 5441

Subscription Option

Using our subscription option, you get access to market research reports and industry data of Consumer Goods market as per your needs. Get the best of Consumer Goods research reports by utilizing your research budgets in an optimum way.

More about our Subscription option
Report Alerts

Get Email alerts about market research reports from industries and publishers of your interest: