Expected Expansion of Dairy Alternatives Market:
The size of the dairy alternatives market was estimated at USD 26.76 billion in 2023, and from 2024 to 2030, the total income from dairy alternatives is predicted to increase at a CAGR of 12.62%.
Dairy Alternatives Market Overview:
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Dairy Alternatives Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of theDairy Alternatives market, with forecasts outspreading to the year 2030.
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Dairy Alternatives Market Scope :
Import and export consumption, supply and demand chain, costs, shares, sales volumes, revenues, and gross profits are covered in the Dairy Alternatives market analysis report. The manufacturing bases, capacity, production, factory prices, revenues, and market share of each manufacturer in the Dairy Alternatives market are examined in the report.
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Dairy Alternatives Market Segmentation:
By Source
Soy
Almond
Coconut
Rice
Oats
Others
According to the Source, the Soy category dominated the global market for dairy substitutes in 2023 and had the largest market share of more than 40%. Throughout the projected period, the segment is anticipated to increase at a CAGR of 9.42% and present dairy substitute manufacturers with profitable growth prospects. The two main reasons driving up demand for soy milk are a shift in consumer tastes toward vegan food and a rise in lactose sensitivity cases.
By Application
Milk
Ice Cream
Yogurt
Cheese
Creamers
Butter
Other
By Distribution Channel
Supermarket Hypermarkets
Convenience Stores
Online retail
Others
Dairy Alternatives Market, by Region:
North America (United States, Canada, and Mexico)
Europe (United Kingdom, France, Germany, Italy, Spain, Sweden, Austria, and the Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, ASEAN, and the Rest of APAC)
Middle East and Africa (South Africa, GCC, and the Rest of MEA)
South America (Brazil, Argentina Rest of South America)
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Dairy Alternatives Market Major Players
North America’s Leading Dairy Alternatives Food Providers:
1. Danone North America Public Benefit Corporation (US)
2. Elmhurst Milked Direct LLC (US)
3. The Hain Celestial Group, Inc. (US)
4. Blue Diamond Growers (US)
5. Eden Foods, Inc. (US)
6. Hiland Dairy (US)
7. Ripple Foods (US)
8. Kite Hill (US)
9. Califia Farms, LLC (US)
10. Rude Health (US)
11. Miyoko's Creamery (US)
12. PANOS Brand (US)
13. Daiya Foods Inc. (Canada)
14. Earth's Own Food Company Inc. (Canada)
15. SunOpta (Canada)
Major Dairy Alternatives Manufacturers in Europe:
16. Vly (Germany)
17. Valsoia S.p.A (Italy)
18. Qatly Group AB (Sweden)
19. Triballat Noyal (France)
20. Nutriops, S.L. (Spain)
21. Nestlé SA (Switzerland)
Key Dairy Alternatives Providers in Asia-Pacific:
22. PureHarvest (Australia)
23. One Good (India)
24. Freedom Foods Group Limited (Australia)
25. Sanitarium (New Zealand)
26. Green Spot Co., Ltd. (Thailand)
27. Coconut Palm Group Co. Ltd. (China)
28. Hebei Yangyuan Zhihui Beverage Co. Ltd. (China)
29. Kikkoman Corporation (Tokyo, Japan)
30. Vitasoy International Holdings Ltd. (Hong Kong)
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Key questions answered in the Dairy Alternatives Market are:
- What is Dairy Alternatives ?
- What is the growth rate of the Dairy Alternatives Market?
- What are the upcoming opportunities and trends for the Dairy Alternatives Market?
- What are the different segments of the Dairy Alternatives Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Dairy Alternatives Market?
Key Offerings:
- Market Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape Profiles of selected key players by region from a strategic perspective
- Competitive landscape Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTERs analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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