Global Dairy Alternatives Market 2019-2025
発行: Orion Market Research Pvt Ltd
Global Dairy Alternatives Market Size, Share & Trends Analysis Report by Type (Soya, Almond, Rice, Coconut and Others), by Application (Food and Beverages), and Forecast, 2019-2025
Global dairy alternatives market is influenced by the rising trends towards vegan diet, and rising cases of milk allergies and lactose intolerance. The dairy alternatives such as almond and soya are mainly consumed by those who have allergy from natural dairy products. Moreover, increasing disposable income coupled with a rising vegan population in emerging economies such as China, India, and awareness towards the dietary foods are other factors that propel the growth of the global dairy alternatives market during the forecast period. However, the high cost of non-dairy products and lack of availability of raw material are some of the factors that restrain the global dairy alternatives market growth during the forecast period.
Geographically, the global dairy alternatives market is classified into North America, Europe, Asia-Pacific and the Rest of the World. The Asia-Pacific market is estimated to have a significant market share in the global dairy alternatives market. The market growth is attributed to the growing trend of vegan diet coupled with rising disposable income in emerging economies such as China, India and Korea. Further, North American dairy alternatives market is projected to have a significant market growth due to the shift towards the dairy alternative products such as soya milk and almond milk. In addition, the rising cases of lactose intolerance in the region further boosts the growth of the market in the North American region. Moreover, the global dairy alternatives market consists of various players that contributes significantly into the growth of the dairy alternative market. Some of the players of the dairy alternatives market include Archer Daniels Midland Co., Cargill, Inc., Danone S.A., Freedom Foods Group Ltd., SunOpta Inc., The Hain Celestial Group, Inc., Valsoia SpA, Vitasoy International Holdings Ltd., Daiya Foods Inc., Nutriops, S.L., and others. These players are playing a significant role in the growth of the dairy alternatives market by providing various products and adopting several strategies such as a merger and acquisition, partnerships, collaboration, and others.
The market study of the global dairy alternatives market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
The report is intended for dairy alternatives companies, distributors, supplier, provide sector for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.