The global Dairy Alternatives Market was valued at USD 7.15 billion in 2016 and is projected to reach USD 18.89 billion by 2025, growing at a CAGR of 11.4% from 2017 to 2025.
Dairy alternatives can be defined as substitutes to dairy products made from animal milk. Some of the common alternatives include soy milk, coconut milk, rice milk, flax milk and many more. Growing trend of vegan culture, which involves complete elimination of dairy products in everyday meals, is expected to be the major driving factor of the market.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Growing vegan culture
1.2 Advantages of plant-based dairy alternative products
1.3 Increasing occurrence of the milk allergies
2. Market Restraints
2.1 High price of products
2.2 Limited availability of raw materials and processing plants
Market Segmentation:
The global Dairy Alternatives Market is segmented on the basis of formulation, product, application, sales channel and region.
1. Global Dairy Alternatives Market, by Formulation:
1.1 Sweetened Products
1.1.1 Plain Formulation
1.1.2 Flavored Formulation
1.2 Unsweetened Products
1.2.1 Plain Formulation
1.2.2 Flavored Formulation
2. Global Dairy Alternatives Market, by Product:
2.1 Soy Milk
2.2 Almond Milk
2.3 Coconut Milk
2.4 Rice Milk
2.5 Others
3. Global Dairy Alternatives Market, by Application:
3.1 Food
3.1.1 Cheese
3.1.2 Yoghurt
3.1.3 Ice cream
3.1.4 Others
3.2 Beverages
3.2.1 Milk
3.2.2 Sauces & Dressings
4. Global Dairy Alternatives Market, by Sales Channel:
4.1 Super Markets
4.2 Convenience Store
4.3 Pharmacies
4.4 Health Food Stores
4.5 Others
5. Global Dairy Alternatives Market, by Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Daiya Foods Inc.
2. Earth's Own Food Company Inc.
3. Panos Brands LLC.
4. Eden Foods Inc.
5. Freedom Foods Group Ltd.
6. Blue Diamond Growers Inc.
7. The Hain Celestial Group Inc.
8. The WhiteWave Foods Company
9. Sanitarium Health & Wellbeing Company
10. Sunopta Inc.
11. Archer Daniels Midland Company
12. Nutriops S.L.
13. Döhler GmbH
14. Triballat Noyal
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Dairy Alternatives Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL DAIRY ALTERNATIVES MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL DAIRY ALTERNATIVES MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 Global Dairy Alternatives Market, by Formulation:
5.1 Sweetened Products
5.1.1 Plain Formulation
5.1.2 Flavored Formulation
5.2 Unsweetened Products
5.2.1 Plain Formulation
5.2.2 Flavored Formulation
6 Global Dairy Alternatives Market, by Product:
6.1 Soy Milk
6.2 Almond Milk
6.3 Coconut Milk
6.4 Rice Milk
6.5 Others
7 Global Dairy Alternatives Market, by Application:
7.1 Food
7.1.1 Cheese
7.1.2 Yoghurt
7.1.3 Ice cream
7.1.4 Others
7.2 Beverages
7.2.1 Milk
7.2.2 Sauces & Dressings
8 Global Dairy Alternatives Market, by Sales Channel:
8.1 Super Markets
8.2 Convenience Store
8.3 Pharmacies
8.4 Health Food Stores
8.5 Others
9 GLOBAL DAIRY ALTERNATIVES MARKET, BY GEOGRAPHY
9.1 Overview
9.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
9.3.1 Germany
9.3.2 U.K.
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 Latin America Regional Market Estimates and Forecasts, 2012 - 2025
9.5.1 Brazil
9.5.2 Argentina
9.6 Rest of the World Regional Market Estimates and Forecasts, 2012 - 2025
10 GLOBAL DAIRY ALTERNATIVES MARKETCOMPETITIVE LANDSCAPE
10.1 Overview
10.2 Company Market Share
10.3 Vendor Landscape
10.4 Key Development Strategies
11 COMPANY PROFILES
11.1 Daiya Foods Inc.
11.1.1 Overview
11.1.2 Financial Performance
11.1.3 Product Outlook
11.1.4 Key Developments
11.2 Earth's Own Food Company Inc.
11.2.1 Overview
11.2.2 Financial Performance
11.2.3 Product Outlook
11.2.4 Key Developments
11.3 Panos Brands LLC.
11.3.1 Overview
11.3.2 Financial Performance
11.3.3 Product Outlook
11.3.4 Key Developments
11.4 Eden Foods Inc.
11.4.1 Overview
11.4.2 Financial Performance
11.4.3 Product Outlook
11.4.4 Key Developments
11.5 Freedom Foods Group Ltd.
11.5.1 Overview
11.5.2 Financial Performance
11.5.3 Product Outlook
11.5.4 Key Developments
11.6 Blue Diamond Growers Inc.
11.6.1 Overview
11.6.2 Financial Performance
11.6.3 Product Outlook
11.6.4 Key Developments
11.7 The Hain Celestial Group Inc.
11.7.1 Overview
11.7.2 Financial Performance
11.7.3 Product Outlook
11.7.4 Key Developments
11.8 The WhiteWave Foods Company
11.8.1 Overview
11.8.2 Financial Performance
11.8.3 Product Outlook
11.8.4 Key Developments
11.9 Sanitarium Health & Wellbeing Company
11.9.1 Overview
11.9.2 Financial Performance
11.9.3 Product Outlook
11.9.4 Key Developments
11.10 Sunopta Inc.
11.10.1 Overview
11.10.2 Financial Performance
11.10.3 Product Outlook
11.10.4 Key Developments
11.11 Archer Daniels Midland Company
11.11.1 Overview
11.11.2 Financial Performance
11.11.3 Product Outlook
11.11.4 Key Developments
11.12 Nutriops S.L.
11.12.1 Overview
11.12.2 Financial Performance
11.12.3 Product Outlook
11.12.4 Key Developments
11.13 Döhler GmbH
11.13.1 Overview
11.13.2 Financial Performance
11.13.3 Product Outlook
11.13.4 Key Developments
11.14 Triballat Noyal
11.14.1 Overview
11.14.2 Financial Performance
11.14.3 Product Outlook
11.14.4 Key Developments
12 Appendix
12.1 Related Reports
The Fermented Dairy Food Bacteria Culture Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscap...
The Used Dairy Processing and Packaging Equipment Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive ...
The Dairy Automated Processing Equipment Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape...
The Dairy Ingredients Encapsulation Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, man...
Executive Summary
Azoth Analytics has released a research report titled "Global Plant-Based Dairy Products Market (2024 Edition)" which provides a complete analysis of the Global Plant-Based Dairy Products industry in terms of market segmentation By Product Category (Milk, Desserts, Cre...
This report gives an insight into the global Dairy Processing Equipment Market and predicts the future growth prospects and the trends that may exhibit in the market during the period of 2023-2030. The future growth has been calculated by taking into account the present growth rate and the overall m...
Overview of the Global Dairy Management Software Market:
The report discusses everything a marketer requires before investing in the global Dairy Management Software Market during the forecast period 2023-2030. It p...
The global Fermented Non-Dairy Beverage market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players...
The global Fermented Non-Dairy Non-Alcoholic Beverages market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help...
This report gives an insight into the global Dairy Alternative (Beverage) Market and predicts the future growth prospects and the trends that may exhibit in the market during the period of 2023-2030. The future growth has been calculated by taking into account the present growth rate and the overall...