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The plant-based dairy market is expected to skyrocket in the coming years, attributed to numerous health-related benefits that these products offer, according to market research firm - Fact.MR.<br>
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Copyright © Fact.MR All Rights Reserved Plant-based Dairy Market Trend Analysis By Product, By Nature By End Use, By Sales Channel - Global Insights 2021-2031
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ResearchMethodology Research & Intelligence Data Collection Actionable Insights Data Filter & Analysis Business Solution 1 Market profiling 2 Formulating discussion guide • Identifying key opinion leaders • Questionnaire design • In-depth interviews • Coverage across value chain 3 A Developing list of respondents • Key industry experts • Channel study • Developments • Market dynamics • Products • Conclusions Primary Research 4 SOLUTION Data collection • Market participants • Key strengths • Product portfolio • Mapping as per value chain • Key focus segments B 5 Desk Research Data validation 6 C Data analysis Primary Research # • Secondary Research # • Paid Publications# Company Analysis • Linkedin • Zoominfo • Salesforce • Avention • Company websites • Company annual reports • White papers • Financial reports • Factiva • GBI • Genios • Meltwater 7 Insights Systematic Research Approach Copyright © Fact.MR All Rights Reserved
Report Scope & Segmentation The plant based dairy market revenue totalled US$ 11 Bn for 2020, according to Fact.MR- a market research and competitive intelligence provider. The overall plant based dairy market is expected to reach US$ 32 Bn by 2031 end, growing at a CAGR of around 11%. The demand for plant based dairy product will accelerate with top 5 providers holding 65% of plant based dairy market in 2021. Report Scope Digital Remittance Copyright © Fact.MR All Rights Reserved
Key Takeaways from the Market Study • The global plant based dairy market is anticipated to add almost 3x value by 2031 • Almond milk remained the top selling category in 2020, clocking a value of US$ 6.5 Bn • 2 out of 5 sales of plant based dairy products occur via online retail platforms • By nature, organic plant based dairy products sales to surge at 13% CAGR • Sales across the U.S market to compound at a CAGR of over 10% until 2031 • Organic dairy sales in China topped US$ 1 Bn in 2020, forecast to expand at nearly 14% CAGR • “Cheese alternatives are predicted to be the “next frontier” in plant-based innovation, advancements in ingredient technology are estimated to fire dairy-alternatives market,” comments a Fact.MR analyst • Get To Know More About The Market Copyright © Fact.MR All Rights Reserved
Competitive Landscape • Danone SA. • Lactalis • Arla Foods • Chobani • General Mills • Saputo • Unilever • Kraft Heinz • Nestle • Bel Group • Muller Request For Sample Report Copyright © Fact.MR All Rights Reserved
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