Dairy Alternatives Market-converted

1. Dairy alternatives are food and beverages which can be used as a substitute for dairy. Soy milk, rice milk, and almond milk are among the most popular choice for dairy alternative. Dairy alternatives is considered a healthy owing to presence of a number of essential calcium, protein, vitamins and minerals. They are also low on fats, cholesterol and has zero concentration of lactose. It is also important for your muscles, heart and to help your body form blood clots. The main advantages is it contains isoflavones which help to to reduce the risk of heart diseases and breast cancer. Dairy alternatives market has been segmented based on source, application, distribution channel, Region. By source, the market is divided into soy, almond, rice, and other sources. On the basis of application, it is fragmented into food which includes spread, creamer, yogurt, tofu and others; and beverages which includes dairy alternative milk, dairy-free probiotic drinks and others. By distribution channel, it is categorized into Large retail, small retail, specialty store and online. Furthermore, increasing occurrences of milk allergies and lactose intolerance cases are expected to further drive the demand for dairy alternatives. Dairy alternatives have posed as a safe option instead of dairy products as they are natural by source and are extracted in a natural way. And Consumers are increasingly adopting a vegan diet contributing to the growth of the dairy alternatives market over next 8 years. Download Research PDF :- https://www.meticulousresearch.com/download- sample-report/cp_id=5128 Scope of the report Dairy Alternatives Market, by Product Type • Plant Based Milk oAlmond Milk oSoy Milk oCoconut Milk oRice Milk oOthers Cheese Yogurt Butter Ice Cream Creamer Others • • • • • • Dairy Alternatives Market, by Source • • Almond Protein Soy Protein

2. • • • • Wheat Protein Pea Protein Rice Protein Others Dairy Alternatives Market, by Distribution Channel • • Business to Business Business to Customers oModern Groceries oConvenience Store oSpecialty Store oOnline Retail oOthers Dairy Alternatives Market, by Geography • North America oU.S. oCanada Europe oU.K. oGermany oFrance oItaly oSpain oRoE Asia-Pacific (APAC) oChina oJapan oIndia oRoAPAC Latin America Middle East and Africa • • • • The globe is registering increasing prevalence of food allergies and intolerance for animal proteins. Among these food allergies noted across the globe, dairy products, such as animal milk and its by-products are considered one of the key food allergies. Some of the statistics on food intolerance in many countries across the globe are as follows: • According to the World Allergy Organization (2018), 220 to 520 million people around the world are living with a food allergy. In 2015, the prevalence of food allergies was around 1-3.5% in adults and 4.5-6.5% in children. According to the estimates by the U.S. Food and Drug Administration (FDA), around 30,000 emergency room visits, 2,000 hospitalizations, and 150 deaths take place every year in the U.S. due to the severe, life-threatening food allergies in the country. According to the National Institute of Allergy and Infectious Diseases, around 90% of these food allergies is caused by eggs, milk, fish, red meat, soy, and nuts. •

3. • According to the Association of UK Dietitians (BDA), an estimated 1-10% of adults and children in the country have a food hypersensitivity, though as many as 20% of the population experience some reactions to foods which help them trust that they do have a food hypersensitivity. The source has also mentioned that the most common eight food allergies are cowmilk, chicken eggs, shellfish especially, prawns, fish, soy, peanuts, and wheat accounts for around 90% of the total allergies, with the first five being most common in the country. You Can Buy Report Here : - https://www.meticulousresearch.com/Checkout/77725531 Therefore, due to the major contribution of animal-based conventional dairy products in overall food allergies, most dairy products consumers are inclined toward dairy alternatives made of vegan protein, which ultimately drives the demand for dairy alternatives. Moreover, increasing recognition of plant- based dairy products in offering a similar comprehensive protein, vitamin, and amino acid profiles like animal protein products is further expected to enhance its demand. Thus, increasing incidence of intolerance for conventional dairy products and rising appreciation of dairy alternatives to offer similar nutrition is significantly driving their adoption in recent years. Contact: Mr. Khushal Bombe Meticulous Market Research Inc. 1267 Willis St, Ste 200 Redding, California, 96001, U.S. USA: +1-646-781-8004 Europe : +44-203-868-8738 APAC: +91 744-7780008 Email- sales@meticulousresearch.com Visit Our Website: https://www.meticulousresearch.com/ Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research