Global Dairy Alternative Market Expanding at 13.5% CAGR During 2016-2024

New York, USA, 2018-Nov-22 — /EPR Network/ —According to Goldstein Research, global dairy alternative market is anticipated to grow at 13.5% CAGR over the forecast period 2016-2024, to reach a market size of USD 22.6 billion by 2024. The factors such as transformation of dairy industry with the use alternatives on the back of rising vegan population & lactose intolerance population across the world is driving the growth of the market. Global Plant based milk market is experiencing high growth rate due to better fat and sugar profile than dairy milk. Moreover the demand of soy milk is also expanding at fastest CAGR & thus impeding the growth of global soy protein market. Furthermore, based on its application the growth in India non-alcoholic beverages market along with the use of dairy alternatives in flavored milk market are also expanding the growth of dairy alternative market.

Market Segmentation

Based on our in-depth analysis of Global Dairy Alternative Market, it can be segmented as follows:

By Type

• Soy milk
• Almond milk
• Rice milk
• Other dairy alternative sources (Cashew, Oats, etc)

By Formulation

• Plain
• Sweetened
• Unsweetened
• Flavored
• Sweetened
• Unsweetened

By Category

• Diabetic free
• Gluten Free
• Lactose free
• Others

By Application

• Food
• Yoghurt
• Ice-cream
• Cheese
• Pudding
• Beverages
• Milk
• Sauces
• Others

By Packaging Type

• Pouches
• Bottles
• Carton Packaging

By Distribution Channel

• Convenience Retailer
• Supermarket
• Pharmacy
• Online

By End-User

• Food
• Beverage

By Region

• North America Dairy Alternative Market Analysis, 2016-2024
• Europe Dairy Alternative Market Analysis, 2016-2024
• Middle East And Africa Dairy Alternative Market Analysis, 2016-2024
• Latin America Dairy Alternative Market Analysis, 2016-2024
• Asia Pacific Dairy Alternative Market Analysis, 2016-2024

“Global Dairy Alternative Market Outlook 2024” includes comprehensive overview of the global dairy alternative market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by type, formulation, category, application, packaging type, distribution channel, end user and geography.

Key players mentioned in the report are: Earth’s Own Food Company Inc., Eden Foods Inc., Organic Valley, Grupo Leche Pascual Sa, Living Harvest Foods Inc., Panos Brands LLC, The Hain Celestial Group Inc., The Whitewave Foods Company and SunOpta Inc., etc.

Key Highlights in Global Dairy Alternative Market Report:

• The global dairy alternative market report highlights the competitive outlook of major global players, their business strategies, financial analysis, product portfolio, revenue distribution, R&D activities and investments. The competitive analysis also analyses the mergers, acquisitions and partnership scenario in the industry.
• The comprehensive analysis of dairy alternative market report is drafted as per the clients to help them in assessing their business strategies in the competitive environment.
• Global dairy alternative market report encompasses the analysis of new opportunities emerging in the market, major factors driving the growth of market, and the factors posing threats & challenges to the market.
• The dairy alternative market outlook also comprises the market analysis based on market dynamics, risk factors, USP analysis, SWOT analysis, BPS Analysis & market attractiveness.
• Further the dairy alternative market report includes the expert analysis and remarks showcasing the complete overview of the market based on intensive analysis of political, economic, social, technological, environmental & legal factors of each region covered in the market.

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