DUBLIN--(BUSINESS WIRE)--The "Dairy Alternatives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global dairy alternatives market exhibited strong growth during 2015-2020. Looking forward, the publisher expects the market to grow at a CAGR of around 12% during 2021-2026.
Companies Mentioned
- Blue Diamond Growers
- Dohler GmbH
- Earth's Own Food Company
- Eden Foods
- Freedom Foods Group
- Nutriops S.L.
- Organic Valley
- Panos Brands
- Sanitarium Health
- Wellbeing Company
- SunOpta Inc.
- The Hain Celestial
- The Whitewave Foods Company
- Triballat Noyal
- Valsoia SpA.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Dairy alternatives refer to various food and beverages that are used as a substitute for animal-derived milk and milk-based products. These products are derived from plant-based sources, such as nuts and seeds and are a rich source of essential nutrients, such as calcium, vitamins, minerals, iron, potassium and magnesium. They also have minimal levels of fat and calories and are usually consumed by individuals suffering from lactose intolerance. Rice, coconut, cashew, oat, almond and soymilk are the commonly available dairy alternatives. They aid in weight management, maintaining a healthy nervous system, red blood cell (RBC) levels and brain functioning.
The increasing prevalence of chronic medical ailments, such as diabetes, cardiovascular (CVD) and gastrointestinal diseases, along with the growing number of people with lactose intolerance, is one of the key factors driving the growth of the market. Rising awareness regarding the benefits of consuming dairy alternatives is projected to drive the dairy alternatives market further. In comparison to the traditionally used dairy products, these alternatives are easily digested and do not cause painful bloating and other gastric problems.
Additionally, the emerging trend of veganism across the globe and various technological advancements in the production processes of these products, are also contributing to the market growth. For instance, manufacturers are utilizing ultra-high temperature (UHT) processing and enzymatic liquefaction processes to enhance the yield and nutritional content of the products. Other factors, including the availability of various sweetened, flavored and unsweetened variants, aggressive promotional activities by the manufacturers and rapid urbanization across the globe, are expected to drive the global dairy alternatives market in the upcoming years.
Key Questions Answered in This Report:
- How has the global dairy alternatives market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global dairy alternatives market?
- What is the breakup of the market based on the source?
- What is the breakup of the market based on the formulation?
- What is the breakup of the market based on the nutrient?
- What is the breakup of the market based on the distribution channel?
- What is the breakup of the market based on the product type?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global dairy alternatives market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Dairy Alternatives Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Source
7 Market Breakup by Formulation
8 Market Breakup by Nutrient
9 Market Breakup by Distribution Channel
10 Market Breakup by Product Type
11 Market Breakup by Region
12 SWOT Analysis
13 Value Chain Analysis
14 Porters Five Forces Analysis
15 Price Indicators
15.1 Key Price Indicators
15.2 Price Structure
15.3 Price Trends
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/cpmh5i
