According to the new market research report by IndustryARC titled “Dairy Alternative (Beverage) Market: By Type (Almond, Soy, Coconut, Cashew, Oats, Others); By Formulation (Plain, Flavored – Sweetened, Non-Sweetened); By Channel (Super Markets, Convenience Stores, Pharmacies); By Shelf Life (Refrigerated, Shelf Life Stable); By Geography - (2018-2023)”, the market is driven by the increasing production activities in the oil and gas industry that has led to the growth of Dairy Alternatives market across the globe.
APAC held the largest market share in the Dairy Alternatives Market:
Asia Pacific region holds the largest market share and growth in the Dairy Alternatives Market and is anticipated to reach $9.05 billion by 2023 at a CAGR of 9.9%. The APAC region is followed by North Americas. Large consumer base coupled with familiarity of soy and almond among the Chinese people, spurs the market growth. The key channels include super markets, health food stores, convenience stores, and pharmacies.
Selected Market Share Analysis done in the full report:
• With growing pressure on agricultural systems on utilization of nut and grain crops for animal feed and considerable rise in the demand for plant based milks, the share of raw materials for plant based milk production grew substantially.
• Manufacturers have been actively involved in developing new products, with major focus on flavor and health benefits.
• Super Markets and Health food stores are gaining traction among consumers, especially in the developing nations.
• Growth in vegan population, and rapidly spreading awareness among lactose intolerance provides impetus to the market growth.
To access / purchase the full report browse the link below
https://industryarc.com/Report/7430/dairy-alternative-beverage-market.html
Excerpts on Market Growth Factors:
• The market growth has been consistently supported by the innovation in new sources and variants, in terms of flavors and nutritional value.
• Additionally, with the growing concern about obesity, consumers have been preferring substitutes which have less cholesterol level as compared to the conventional dairy products.
• Increasing cases of lactose intolerance and rise in consumers preferring plant based diets across various countries are the primary drivers for the market growth.
• Leading manufacturers have been reaping benefits from the growing popularity of almond milk by investing more in promotional activities.
• Growing consumer awareness about health issues and new product launches are driving the market growth.
• Plain-unsweetened formulation of dairy alternative beverages are gaining popularity among the consumers due to their high nutritive value and organic nature.
• The growing penetration of established brands and entry of new manufacturers are driving the market for other distribution channels such as health food stores, convenience stores and pharmacies globally.
• Health food stores are the emerging and fastest growing channel of distribution in the global dairy alternatives beverage market.
• The growing disposable income and demand among women millennial are driving the market for dairy substitutes, especially through the supermarket and hypermarket distribution channels.
• Growing health conscious population is driving the market for dairy alternative beverages globally in health food stores.
• Pharmacies dairy alternatives market is estimated to grow fastest in the Asia-Pacific region due to growing awareness among the millennial, lactose intolerance instances and changing consumer preferences toward healthy milk alternative beverages.
• Increasing per capita consumption of dairy products and preference for lactose free products propels the dairy alternatives market growth in Mexico.
• Dairy alternatives along with goat milk and organic cow’s milk have been propelling the growth of the dairy sector in UK.
Key Players of Dairy Alternatives Market:
• WhiteWave Foods Company is the key player in Dairy Alternative (Beverage) market with 18% of the market share. The Company Launched Nutchello beverage with three new flavors: Caramel Almond Cashew, Dark Chocolate Walnut, Toasted Coconut Cashew.
• Blue Diamond Growers accounts for 8% of the overall market share. The others category contributed 61%, consisting of companies such as Stremicks Heritage Foods, Panos Brands, Eden Foods, Oatly AB and few others.
• SEB S.A. and FrieslandCampina together obtained 4 patents.
• Other key players including Vitasoy International, SunOpta, and Earth’s Own Food among others.
• The top companies have been investing significantly in R&D. WhiteWave Foods Company, one of the key players, has witnessed strong sales in the past few years.
Dairy Alternatives Market Report is segmented as indicated below:
• Dairy Alternatives Market By Type:
1. Almond Milk
2. Soy Milk
3. Coconut Milk
4. Cashew nut Milk
5. Oat Milk
6. Rice Milk
7. Hemp Milk
8. Others
• Dairy Alternatives Market By Formulation
1. Plain Formulation
2. Flavored Formulation
• Dairy Alternatives Market by Channel
1 Super Markets
2 Health Food Stores
3 Convenience Stores
4 Pharmacies
• Dairy Alternatives Market by Shelf Life
1. Refrigerated
2. Shelf Life Stable
• Dairy Alternatives Market by Shelf Life
Dairy Services Market By Geography (Covers 14+ Countries)
• Dairy Services Market By Entropy
Companies Cited/Referenced/Interviewed:
1. Freedom Foods Group Limited
2. CalidadPascaul (Formerly Known as GrupoLechePascaul S.A.)
3. Takai Seisakusho
4. Taishi Food Inc
5. AlproComm VA
Related Reports
A. Flavored Yogurt Market
https://industryarc.com/Report/15009/flavored-yogurt-market.html
B. Lactose Free Food Market
https://industryarc.com/Report/7456/lactose-free-food-market.html
What can you expect from the report?
The Dairy Alternatives Market is Prepared with the Main Agenda to Cover the following 20 points:
1. Market Size by Product Categories
2. Market trends
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End user Analysis
7. Product Bench marking
8. Product Developments
9. Mergers & Acquisition Analysis
10. Patent Analysis
11. Demand Analysis (By Revenue & Volume)
12. Country level Analysis (15+)
13. Competitor Analysis
14. Market Shares Analysis
15. Value Chain Analysis
16. Supply Chain Analysis
17. Strategic Analysis
18. Current & Future Market Landscape Analysis
19. Opportunity Analysis
20. Revenue and Volume Analysis
FAQ:
Does IndustryARC customize these reports and charge additionally for limited customization?
Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:
1. Increase the level of data in application or end user industry.
2. Increase the number of countries in geography chapter.
3. Find out market shares for other smaller companies or companies which are of interest to you.
4. Company profiles can be requested based on your interest.
5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.
Any other major customizations can be discussed with our team, we can provide a separate quote based on your requirement. You can drop in an e-mail to [email protected] to discuss more about our consulting services.
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Dairy Alternatives Market is anticipated to hit $15.72 billion by 2023 at a CAGR of 9.9%.
Dairy Alternatives Market:WiseGuyReports.com adds “Global Dairy Alternatives Market Research Report 2020 Analysis and Forecast 2026” reports to its database.Executive SummaryThe global dairy alternatives market is expected to grow from $19.27 billion in 2019 and to $19.67 billion in 2020 at a growth rate of 2.08%.
The market is then expected to grow and reach $26.86 billion in 2023 at CAGR of 10.94%.The dairy alternatives market consists of sales of dairy alternative products and related services.
These products are extracted from plants including cereals (rice, oats), legumes (soy), seeds (hemp, flax), nuts (peanuts, almond), and other grains (teff, quinoa).
In December 2019, Nestle’s popular brand Nesquik, a health-drink brand, announced the launch of GoodNes, its first plant-based health drink made from a blend of pea protein and oat milk.
According to Nestle, its new dairy alternative health drinks matches the nutritional value of traditional milk with 2g of dietary fibers and 6 g of protein per serving.
The product is made from using cane sugar and leaf extract for the naturally sweet taste and contains 40% less sugar than chocolate almond milk.The dairy alternatives market covered in this report is segmented by product type into non-dairy milk; butter; cheese; yogurts; ice cream; others.
Global Alcoholic Beverages Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 – DecisionDatabases.comThe comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
The report classifies the market into different segments.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Alcoholic Beverages Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/3125-alcoholic-beverage-industry-market-reportThe report also covers the complete competitive landscape of the global Alcoholic Beverages market with company profiles of key players such as: Accolade WinesAsahi Group Holding Ltd.Brown-FormanCarlsberg Breweries A/SChina Resources beer (Holdings) Company LimitedRemy CointreauTsingtao Brewery Co Ltd.Treasury Wine EstatesThai Beverage Public Co., Ltd.The Wine GroupThe detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT: By Type BeerAleLagerHybridDistilled SpiritsRumWhiskeyVodkaOthersWineSparkling FortifiedOthersBy Distribution Channel On-Premises Liquor StoresGrocery ShopsInternet RetailingSupermarketsConvenience StoresBy GeographyNorth America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global Alcoholic Beverages Market @ https://www.decisiondatabases.com/contact/download-sample-3125The Global Alcoholic Beverages Market has been exhibited in detail in the following chapters –Chapter 1 Alcoholic Beverages Market Preface Chapter 2 Executive SummaryChapter 3 Alcoholic Beverages Industry AnalysisChapter 4 Alcoholic Beverages Market Value Chain AnalysisChapter 5 Alcoholic Beverages Market Analysis By TypeChapter 6 Alcoholic Beverages Market Analysis By Distribution ChannelChapter 7 Alcoholic Beverages Market Analysis By GeographyChapter 8 Competitive Landscape Of Alcoholic Beverages CompaniesChapter 9 Company Profiles Of Alcoholic Beverages IndustryPurchase the complete Global Alcoholic Beverages Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-3125Other Reports by DecisionDatabases.com:Global Instant Beverage Premix Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Food And Beverage Preservatives Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Active and Smart Packaging In Food and Beverage Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
Dairy Alternatives Market:WiseGuyReports.com adds “Global Dairy Alternatives Market Research Report 2020 Analysis and Forecast 2026” reports to its database.Executive SummaryThe global dairy alternatives market is expected to grow from $19.27 billion in 2019 and to $19.67 billion in 2020 at a growth rate of 2.08%.
The market is then expected to grow and reach $26.86 billion in 2023 at CAGR of 10.94%.The dairy alternatives market consists of sales of dairy alternative products and related services.
These products are extracted from plants including cereals (rice, oats), legumes (soy), seeds (hemp, flax), nuts (peanuts, almond), and other grains (teff, quinoa).
In December 2019, Nestle’s popular brand Nesquik, a health-drink brand, announced the launch of GoodNes, its first plant-based health drink made from a blend of pea protein and oat milk.
According to Nestle, its new dairy alternative health drinks matches the nutritional value of traditional milk with 2g of dietary fibers and 6 g of protein per serving.
The product is made from using cane sugar and leaf extract for the naturally sweet taste and contains 40% less sugar than chocolate almond milk.The dairy alternatives market covered in this report is segmented by product type into non-dairy milk; butter; cheese; yogurts; ice cream; others.
Global Alcoholic Beverages Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 – DecisionDatabases.comThe comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
The report classifies the market into different segments.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Alcoholic Beverages Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/3125-alcoholic-beverage-industry-market-reportThe report also covers the complete competitive landscape of the global Alcoholic Beverages market with company profiles of key players such as: Accolade WinesAsahi Group Holding Ltd.Brown-FormanCarlsberg Breweries A/SChina Resources beer (Holdings) Company LimitedRemy CointreauTsingtao Brewery Co Ltd.Treasury Wine EstatesThai Beverage Public Co., Ltd.The Wine GroupThe detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT: By Type BeerAleLagerHybridDistilled SpiritsRumWhiskeyVodkaOthersWineSparkling FortifiedOthersBy Distribution Channel On-Premises Liquor StoresGrocery ShopsInternet RetailingSupermarketsConvenience StoresBy GeographyNorth America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global Alcoholic Beverages Market @ https://www.decisiondatabases.com/contact/download-sample-3125The Global Alcoholic Beverages Market has been exhibited in detail in the following chapters –Chapter 1 Alcoholic Beverages Market Preface Chapter 2 Executive SummaryChapter 3 Alcoholic Beverages Industry AnalysisChapter 4 Alcoholic Beverages Market Value Chain AnalysisChapter 5 Alcoholic Beverages Market Analysis By TypeChapter 6 Alcoholic Beverages Market Analysis By Distribution ChannelChapter 7 Alcoholic Beverages Market Analysis By GeographyChapter 8 Competitive Landscape Of Alcoholic Beverages CompaniesChapter 9 Company Profiles Of Alcoholic Beverages IndustryPurchase the complete Global Alcoholic Beverages Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-3125Other Reports by DecisionDatabases.com:Global Instant Beverage Premix Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Food And Beverage Preservatives Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Active and Smart Packaging In Food and Beverage Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.