Dairy Alternatives Global Market Report 2022 – By Product Type (Non-dairy Milk, Butter, Cheese, Yogurts, Ice cream, Other Product Types), By Source (Almond, Soy, Oats, Hemp, Coconut, Rice, Other Sources), By Distribution Channel (Supermarkets, Health Food stores, Pharmacies, Convenience Stores, Online stores, Other Distribution Channels) – Market Size, Trends, And Global Forecast 2022-2026
What is the definition of the dairy alternatives market?
The dairy alternatives market consists of sales of dairy alternative products and related services. Dairy alternatives are food & beverages that are used as a substitute for dairy products. These products are extracted from plants including cereals (rice, oats), legumes (soy), seeds (hemp, flax), nuts (peanuts, almond), and other grains (teff, quinoa). The dairy milk alternatives include soy milk, rice milk, oat milk, coconut milk, and flaxseed milk, cheese substitutes comprise soft cheese and hard cheese, butter alternatives such as nut butter, coconut butter, vegetable oil blends, and cultured vegan butter.
How will the dairy alternatives market drivers and restraints affect dairy alternatives market dynamics? What forces will shape the dairy alternatives industry going forward?
The dairy alternatives market growth is aided by increasing cases of lactose intolerance and milk allergies. However, some dairy alternatives market restraints include Lack of awareness among the consumers about the nutritional benefits of dairy alternative products
What is the forecast market size of the dairy alternatives market?
The dairy alternatives market forecast is expected to reach $27.92 billion in 2025 at a compound annual growth rate of 9%.
How is the dairy alternatives market segmented?
The global dairy alternatives market is segmented -
1) By Product Type: Non-dairy Milk, Butter, Cheese, Yogurts, Ice cream, Others
2) By Source: Almond, Soy, Oats, Hemp, Coconut, Rice, Others
3) By Distribution Channel: Supermarkets, Health Food Stores, Pharmacies, Convenience Stores, Online Stores, Others
Which region has largest share, and what is the market size and growth by geography according to the dairy alternatives global market report?
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Who are the key players of the global dairy alternatives market?
Top competitors in the dairy alternatives market are Tate & Lyle, CP Kelco Inc., SunOpta Inc., The Whitewaves Food Company (US), Organic Valley (US), The Hain Celestial Group (US), Blue Diamond Growers (US), Sunopta (Canada), Archer Daniels Midland Compan
What are the key trends in the global dairy alternatives market?
Major trends influencing the dairy alternatives market include new product innovation
What are the major opportunities in the dairy alternatives market and the approaches companies can take to take advantage of them?
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How does the dairy alternatives market relate to the overall economy and other similar markets?
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