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Dairy Alternative Products Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024


The “Dairy Alternative Products Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Dairy Alternative Products market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. Dairy Alternative Products market report also offers market competitors that includes detailed company profiles along with company product specifications.

Market Overview:

  • The dairy alternative products market was valued at USD 13.76 billion in 2018 and is estimated to register a CAGR of 9.85%, during the forecast period (2019-2024). In 2018, Asia-Pacific was the largest geographical segment of the market studied and accounted for a share of around 44.6% of the market.
  • Improved consumer preferences for non-dairy products, with a myriad of food choices, has enabled them to get most of the nutrients they need without sacrificing taste. Most of the consumers are seen switching from dairy to dairy-free products, because they are constantly getting aware of the fact that dairy-free diets may help alleviate certain problems, including digestive distress, an inability to lose weight, acne, and irritable bowel syndrome. Higher availability of dairy alternative products, along with growing awareness regarding benefits of dairy alternatives, will continue to drive the market over the forecast period.

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    In Dairy Alternative Products Market Report, Following Companies Are Covered:

  • Groupe Danone
  • Vitasoy International Holdings Ltd
  • Freedom Foods Group Ltd
  • Dean Foods Company
  • Blue Diamond Growers
  • Kikkoman Corporation
  • Campbell Soup Company
  • Hain Celestial Group
  • Goya Foods Inc.
  • Califia Farms
  • Edward & Sons Trading Co.
  • Pure Harvest
  • Elmhurst Milked Direct LLC
  • Daiya Food Inc.
  • Sanitarium Health & Wellbeing Company
  • Earth’s Own Food Company
  • Eden Foods Inc.

    Dairy Alternative Products Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    Scope of the Report:

  • Dairy alternative products refer to a category of foods that include imitation of dairy products, which are similar in product attributes like taste and texture to genuine dairy products.
  • The report analyzes the recent trends, drivers, and challenges, affecting the market space for the dairy alternative sector. By product type, the market is divided into food and beverage. Food has been further segmented into yogurt, cheese, frozen desserts, and other foods. The beverage segment has been further segregated into soy milk, almond milk, coconut milk, rice milk, and other beverages.

    Reasons for Buying Dairy Alternative Products Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Rising Consumer Interest in Health and Sustainability

    Consumer demand for alternatives to dairy is on the rise, and with it, is increasing the ever-expanding array of plant-based products to choose from. This is especially evident when considering milk substitutes. Each type of non-dairy milk offers a unique nutritional profile, with a wide range of values for protein, carbohydrates, and fat, along with vitamins and minerals. More importantly, apart from nutritional profile, words like “sustainable”, “green”, and “eco”- even leafy packaging or other marketing materials- tend to draw the eyes of consumers bombarded daily, with advertising messages, which is driving the consumption of dairy alternatives in the market, which are usually being positioned as sustainable products across the retail shelves.

    Asia – Pacific to Dominate the Global Market

    The health and wellness trend in Asia – Pacific has brought the issue of food intolerances and allergies to the forefront of modern consumers’ minds, boosting the consumption of dairy alternative products. Consumers are starting to prefer products that are low in calories, contain no artificial ingredients, and protein-rich. This is driving the studied market’s growth. Plant-based beverages provide vegetable protein or mixed proteins, which cater to the rising need for a healthy lifestyle.

    Consumers of plant-based protein in Asia-Pacific have adopted a dairy-free diet to improve their health and well-being, as plant-based diets can not only help curb obesity, stroke, and heart disease, prevent a variety of cancers, reduce cholesterol and arthritis pain, but also lower blood sugar, and increase energy and mental clarity.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of Dairy Alternative Products create from those of established entities?

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    Detailed TOC of Dairy Alternative Products Market Report 2019-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Market Overview
    4.2 Market Drivers
    4.3 Market Restraints
    4.4 Industry Attractiveness – Porter’s Five Force Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5.1 Product Type
    5.1.1 Food Yoghurt Frozen Desserts Sour Cream Other Foods
    5.1.2 Beverage (Dairy-free Milk) Soy Milk Almond milk Coconut Milk Rice Milk Other Beverages Cashew Milk Oat Milk Hemp Milk Pea Milk
    5.2 Distribution Channel
    5.2.1 Hypermarket/Supermarket
    5.2.2 Convenience Stores
    5.2.3 Online Retail Channels
    5.2.4 Other Distribution Channels
    5.3 Geography
    5.3.1 North America United States Canada Mexico Rest of North America
    5.3.2 Europe Spain United Kingdom France Germany Russia Italy Rest of Europe
    5.3.3 Asia – Pacific China Japan India Australia Rest of Asia – Pacific
    5.3.4 South America Brazil Argentina Rest of South America
    5.3.5 Middle East & Africa United Arab Emirates Saudi Arabia Rest of Middle East & Africa

    6.1 Most Adopted Strategies
    6.2 Market Share Analysis
    6.3 Company Profiles
    6.3.1 Groupe Danone
    6.3.2 Vitasoy International Holdings Ltd
    6.3.3 Freedom Foods Group Ltd
    6.3.4 Dean Foods Company
    6.3.5 Blue Diamond Growers
    6.3.6 Kikkoman Corporation
    6.3.7 Campbell Soup Company
    6.3.8 Hain Celestial Group
    6.3.9 Goya Foods Inc.
    6.3.10 Califia Farms
    6.3.11 Edward & Sons Trading Co.
    6.3.12 Pure Harvest
    6.3.13 Elmhurst Milked Direct LLC
    6.3.14 Daiya Food Inc.
    6.3.15 Sanitarium Health & Wellbeing Company
    6.3.16 Earth’s Own Food Company
    6.3.17 Eden Foods Inc.



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