Dairy Alternatives Market Research Report

 

Growth opportunities in the Dairy Alternatives Market look promising over the next six years. This is mainly due to their assistance to promote better health and decrease the chances of diseases in the human body, along with the continuous innovations by market players.

Request for a FREE Sample Report on Dairy Alternatives Market

Dairy Alternatives Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The augmenting apprehension concerned with lactose intolerance among individuals accompanied by the increasing inclination of consumers towards healthy and nutritional food items are two prominent drivers supplementing the growth of the global dairy alternatives market. Also, the surging consciousness regarding the exceptional health benefits proffered by plant-based dairy alternatives, including less cholesterol level, better cardiovascular health, and reduced chances of diabetes, will persuade them to choose these products to stay fit and healthy. Also, the mounting trend of adopting veganism and the accelerating per capita income will strengthen the dairy alternatives market size. Enormous multinational players are increasingly emphasizing product innovation, like the launch of different flavors of almond and soy milk, which will attract an extensive range of consumers seeking tastier and healthy drink options. However, the ongoing fluctuations in the prices of raw materials and the challenge to launch dairy substitute products with low cholesterol and fat level will hinder the market growth.

Application Segment Drivers

Based on the Application, the market is segmented into ice cream, milk, yogurt, cheese, and creamers. Amongst these, milk is expected to witness a higher CAGR over the forecast period. This is primarily attributed to the extensive switch in the consumer's preference towards vegan diet patterns led by the rising agitation about the environment and animal rights. The prominent market players are extending their product portfolios by accumulating novel products containing almond, coconut, and soymilk. This up-gradation will allow manufacturers to attract new consumers into the market. Moreover, the intensifying health concerns, including lactose intolerance, coupled with the escalating busy and hectic lifestyle of the working population, are encouraging them to opt for convenient options to save time.

Dairy Alternatives Market’s leading Manufacturers:

·        Earth’s Own Food Company

·        Eden Foods

·        Sanitarium

·        Blue Diamond Growers

·        The Whitewave Foods Company

·        Valsoia S.p.A.

·        Nutriops S.L.

·        Freedom Foods Group Limited

·        SunOpta

·        Hain Celestial

Dairy Alternatives Market Segmentation:

Segmentation by Source

·        Almond

·        Soy

·        Oats

·        Hemp

·        Coconut

·        Rice

·        Others

Segmentation by Application

·        Cheese

·        Creamers

·        Yogurt

·        Ice Creams

·        Milk

·        Others

Segmentation by Distribution Channel

·        Supermarkets

·        Health Food Stores

·        Pharmacies

·        Convenience Stores

·        Online

·        Others

Segmentation by Formulation

·        Plain

·        Flavored

Segmentation by Nutrient

·        Protein

·        Starch

·        Vitamin

·        Others

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the particular market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com

Comments

Post a Comment

Popular posts from this blog

Hi-Fi System Market Research Report

 Growth opportunities in the Hi-Fi system market look promising over the next six years. This is mainly due to the rising demand for portable devices such as smartphones, and laptops, the continuous technological advancement in the Hi-Fi systems, like integration of AI and machine learning, and the increasing penetration of the internet. Request for a FREE Sample Report on Hi-Fi System Market Hi-Fi System Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers The augmenting demand for portable devices and the growing need for infotainment services are the crucial drivers fuelling the growth of the global Hi-Fi system market .  Rising portable device demand such as laptops, tablets, and smartphones strengthens the demand for wireless audio products in the HI-FI system market. Also, the ongoing technological developments in Hi-Fi systems, like the amalgamation of machine learning and artificial intelligence, are ...
Read more

Tight Gas Market Research Report

  Growth opportunities in the tight gas market look promising over the next six years. This is mainly due to the favourable government strategies, funds and aids for the gas production and the development of sophisticated technology. Request for a FREE Sample Report on Tight Gas Market Tight Gas Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers One of the prominent drivers responsible for the growth of the global tight gas market includes the augmenting demand for million barrels each day. In accordance with the U.S. Energy Information Administration, the demand of the barrels from 2016 Q1 to 2017 Q1 augmented from 1 million in 2016 to more than 2 million in 2017, and the same trend is anticipated in the future, which will change the perspective of the market, thereby fulfilling the market demand. Also, the emergence of low-cost gas supplies from different sources will change over the chauffeurs of natura...
Read more

Vitreoretinal Surgery Devices Market Research Report

 Growth opportunities in the vitreoretinal surgery devices market look promising over the next six years. This is mainly due to the increasing technological advancements and the rise in the geriatric population coupled with the rising eye disorders. Request for a FREE Sample Report on Vitreoretinal Surgery Devices Market Vitreoretinal Surgery Devices Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers The increase in the geriatric population across the world along with the surging number of eye disorders including diabetic retinopathy, detached retina, macular hole, and CMV retinitis, and the growing awareness concerned with eye health are the key drivers stimulating the growth of the global vitreoretinal surgery devices market. The use of vitreoretinal surgeries to treat various eye-related disorders, with the help of several procedures, is effective in restoring and improving vision. Furthermore, the ongoing t...
Read more