Figure: Global Dairy Alternatives Market by value 2015-2023
Infinium Global Research has recently has added a new report on Global Dairy Alternatives Market. The dairy alternatives market is segmented on the basis of type and distribution channels. The segmentation on the basis of type covers soy milk, almond milk, rice milk, coconut milk and others. Furthermore, on the basis of distribution the dairy alternatives market is segmented as supermarkets/hypermarkets, convenience stores and dollar stores, specialty stores and online.
Global dairy alternatives market is expected to grow at a CAGR of 12.5% over the forecast period from 2017 to 2023. The global dairy alternatives market consists of a large number of players, a lot of whom are finding excellent scope of growth through the growing number of consumers with allergy to milk and milk products and lactose. The global dairy alternatives market is expected to be primarily driven by factors such as growing consumer’s preference for vegan diet nutritional benefits drive the plant-based dairy alternatives market and lactose intolerance & milk allergy. However, the growth in global dairy alternatives market is likely to be hampered due to its more expensiveness compared to dairy milk. The price for commonly utilized quality of dairy alternatives in each application and function has been considered.
Geographic Coverage and Analysis:
Among the geographies Asia pacific is expected to be the largest market for dairy alternatives market over the forecast period from 2017 to 2023. The report provides the size of the dairy alternatives market in 2017 and the forecast for the next six years up to 2023.
Archer Daniels Midland Company, Blue Diamond Growers, I. du Pont de Nemours and Company, THE WHITEWAVE, FOODS COMPANY, Freedom Foods Group Limited, Daiya Foods Inc., SunOpta, Inc., The Hain Celestial Group, Inc., Earth’s Own Food Company, Inc., Eden Foods, Inc.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand globally as well as regionally. Further, IGR- Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider.
The report provides insights into the market using analytical tools such as porter’s five forces analysis and value chain analysis of dairy alternatives market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the dairy alternatives market that will impact the demand during the forecast period. The IGR- Growth Matrix analysis provided in this report highlights key investing markets in the world. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market.
The report also provides in depth analysis of regulatory framework pertaining to Dairy Alternatives Market. This will help the companies to understand the regulatory compliances, supports, barriers in the Dairy Alternatives market. This section highlights key amendments and their implication on Dairy Alternatives market in the short run as well as in the long run. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.