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Dairy Alternative Market Trend – Fostering Plant-Based Revolution

The global dairy alternative market is expected to grow at a CAGR of 14.17% over the forecast period to reach a total market size of US$39.991 billion by 2025, increasing from US$18.057 billion in 2019.Growing consumption trend towards vegan diet is prime growth factor of dairy alternative market.

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Dairy Alternative Market Trend – Fostering Plant-Based Revolution

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  1. Dairy Alternative Market  Forecast From 2020 to 2025

  2. DESCRIPTION The global dairy alternative market is expected to grow at a CAGR of 14.17% over the forecast period to reach a total market size of US$39.991 billion by 2025, increasing from US$18.057 billion in 2019. Growing consumer preference for a vegan diet coupled with the rising cases of lactose intolerance is expected to drive the growth of the market during the forecast period. However, the availability of substitute coupled with the raw material price volatility is anticipated to restrain the growth of the market in the coming years.

  3. Key Questions Answered By The Report • What will be theDairy Alternative Market from 2020 to 2025? • How are the major drivers and restraints affecting the Dairy Alternative Market • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth

  4. Segments Covered Under Dairy Alternative Market are : • Segmentation: • By Source • Soy • Almond • Oat • Coconut • Rice • Others • By Application • Milk • Ice cream • Yogurt • Cheese • Others • By Formulation • Flavored • Plain • By Distribution Channel • Online • Offline • Supermarkets • Convenience Stores • Others

  5. Geography • North America • United States • Canada • Mexico • Others • South America • Brazil • Argentina • Others

  6. Geography Europe • Germany • France • Italy • United Kingdom • Others Middle East and Africa • Israel • Saudi Arabia • UAE • Others Asia Pacific • Japan • China • India • Others

  7. COMPANY PROFILES Pacific Foods Califia Farms Danone SunOpta PureHarvest Eden Foods Inc. Sunopta  The Whitewave Foods Company  Hain Celestial  Blue Diamond Growers 

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