$7.37 Billion Dairy Alternatives (Soy, Almond, Coconut, Rice, Oat, Hemp) Market 2017 - Global Forecast to 2022 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Dairy Alternatives Market by Type (Soy, Almond, Coconut, Rice, Oat, Hemp), Formulation (Plain & Sweetened, Plain & Unsweetened, Flavored & Sweetened, Flavored & Unsweetened), Application (Food, Beverages), and Region - Global Forecast to 2022" report to their offering.

The Global Dairy Alternatives Market Was Valued at USD 7.37 Billion in 2016 And is Projected to Reach USD 14.36 Billion By 2022, Growing at a CAGR of 11.7%

This market is driven by the increasing health consciousness among consumers, growing lactose intolerance, and inclination toward a vegan diet. Price sensitivity of raw material in manufacturing dairy-free food products has been considered as the restraining factors for the market.

One of the major drivers for the growth of the coconut milk segment is attributed to its increased application areas ranging from confectionery, snacks, and yogurt to frozen dessert. Commercially, newer varieties of coconut milk in the form of coconut milk powder are being introduced, which further supports its growth in the dairy alternatives market. Also, it is a good source of energy and provides nutrients such as minerals, vitamins, and electrolytes.

One of the drivers for the growth of the flavored & unsweetened segment is the growing health concerns among consumers. Flavored & unsweetened dairy alternatives are increasingly becoming popular, owing to the rise in health consciousness among consumers who refuse the usage of added artificial or natural sweeteners in their products. Also, factors such as the changing lifestyles, rising health consciousness, and changing eating habits are driving the growth of the flavored & unsweetened segment.

North America is projected be the fastest-growing region for dairy alternatives during the forecast period.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Dairy Alternatives Market, By Formulation

7 Dairy Alternatives Market, By Type

8 Dairy Alternatives Market, By Application

9 Dairy Alternatives Market, By Nutritive Component

10 Dairy Alternatives Market, By Region

11 Competitive Landscape

12 Company Profiles

  • Blue Diamond Growers
  • Califa Farms (U.S.)
  • Döhler Gmbh
  • Earth's Own Food Company Inc.
  • Eden Foods Inc.
  • Freedom Foods Group Limited
  • Granlatte Società Cooperativa Agricola Arl (Italy)
  • Green Spot Co. Ltd (Thailand)
  • Healthy Brands Collective Corporation (U.S.)
  • Hiland Dairy Foods Company Llc (U.S.)
  • Koko Dairy Free (U.K.)
  • Lactasoy Co. Ltd. (Thiland)
  • Nutriops S.L
  • Oatly Ab (Sweden)
  • Organic Valley Cropp Cooperative (U.S.)
  • Pacific Foods of Oregon Inc (U.S.)
  • Pureharvest (Australia)
  • Sanitarium Health And Wellbeing Company
  • Sunopta Inc.
  • The Bridge S.R.L (Italy)
  • The Hain Celestial Group Inc (U.S.)
  • The Whitewave Foods Company (U.S.)
  • Triballat Noyal
  • Valsoia S.P.A.
  • Vietnam Dairy Products Joint Stock Company (Vietnam)
  • Zensoy (U.S.)

For more information about this report visit https://www.researchandmarkets.com/research/m9m822/dairy

Contacts

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press@researchandmarkets.com
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Related Topics: Health Food and Sports Nutrition

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Health Food and Sports Nutrition