{"product_id":"dairy-alternatives-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","title":"Dairy Alternatives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028","description":"\u003cp\u003eDairy Alternatives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028\u003cbr\u003e\nMarket Overview 2023-2028:\u003c\/p\u003e\n\n\u003cp\u003eThe global dairy alternatives market size reached US$ 28.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 52.7 Billion by 2028, exhibiting a growth rate (CAGR) of 11% during 2023-2028.\u003c\/p\u003e\n\n\u003cp\u003eDairy 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.\u003c\/p\u003e\n\n\u003cp\u003eDairy Alternatives Market Trends:\u003c\/p\u003e\n\n\u003cp\u003eThe 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.\u003c\/p\u003e\n\n\u003cp\u003eKey Market Segmentation:\u003c\/p\u003e\n\n\u003cp\u003eIMARC Group provides an analysis of the key trends in each sub-segment of the global dairy alternatives market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on source, formulation, nutrient, distribution channel and product type.\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Source:\u003c\/p\u003e\n\n\u003cp\u003eAlmond\u003cbr\u003e\nSoy\u003cbr\u003e\nOats\u003cbr\u003e\nHemp\u003cbr\u003e\nCoconut\u003cbr\u003e\nRice\u003cbr\u003e\nOthers\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Formulation:\u003c\/p\u003e\n\n\u003cp\u003ePlain\u003c\/p\u003e\n\n \u003cp\u003eSweetened\u003cbr\u003e\n Unsweetened\u003c\/p\u003e\n\n\u003cp\u003eFlavored\u003c\/p\u003e\n\n \u003cp\u003eSweetened\u003cbr\u003e\n Unsweetened\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Nutrient:\u003c\/p\u003e\n\n\u003cp\u003eProtein\u003cbr\u003e\nStarch\u003cbr\u003e\nVitamin\u003cbr\u003e\nOthers\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Distribution Channel:\u003c\/p\u003e\n\n\u003cp\u003eSupermarkets and Hypermarkets\u003cbr\u003e\nConvenience Stores\u003cbr\u003e\nOnline Stores\u003cbr\u003e\nOthers\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Product Type:\u003c\/p\u003e\n\n\u003cp\u003eCheese\u003cbr\u003e\nCreamers\u003cbr\u003e\nYogurt\u003cbr\u003e\nIce Creams\u003cbr\u003e\nMilk\u003cbr\u003e\nOthers\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Region:\u003c\/p\u003e\n\n\u003cp\u003eNorth America\u003c\/p\u003e\n\n \u003cp\u003eUnited States\u003cbr\u003e\n Canada\u003c\/p\u003e\n\n\u003cp\u003eAsia Pacific\u003c\/p\u003e\n\n \u003cp\u003eChina\u003cbr\u003e\n Japan\u003cbr\u003e\n India\u003cbr\u003e\n South Korea\u003cbr\u003e\n Australia\u003cbr\u003e\n Indonesia\u003cbr\u003e\n Others\u003c\/p\u003e\n\n\u003cp\u003eEurope\u003c\/p\u003e\n\n \u003cp\u003eGermany\u003cbr\u003e\n France\u003cbr\u003e\n United Kingdom\u003cbr\u003e\n Italy\u003cbr\u003e\n Spain\u003cbr\u003e\n Russia\u003cbr\u003e\n Others\u003c\/p\u003e\n\n\u003cp\u003eLatin America\u003c\/p\u003e\n\n \u003cp\u003eBrazil\u003cbr\u003e\n Mexico\u003cbr\u003e\n Others\u003c\/p\u003e\n\n\u003cp\u003eMiddle East and Africa\u003c\/p\u003e\n\n\u003cp\u003eCompetitive Landscape:\u003c\/p\u003e\n\n\u003cp\u003eThe competitive landscape of the industry has also been examined with some of the key players being Blue Diamond Growers, Döhler GmbH, Earth’s Own Food Company Inc., Eden Foods, Inc., Freedom Foods Group, Nutriops S.L, Organic Valley, PANOS brands, Sanitarium, SunOpta Inc., Hain Celestial Group, Inc., The Whitewave Foods Company (Danone North America), Triballat Noyal, and Valsoia S.p.A.\u003c\/p\u003e\n\n\u003cp\u003eKey Questions Answered in This Report:\u003c\/p\u003e\n\n\u003cp\u003eWhat was the size of the global dairy alternatives market in 2022?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the expected growth rate of the global dairy alternatives market during 2023-2028?\u003c\/p\u003e\n\n\u003cp\u003eWhat has been the impact of COVID-19 on the global dairy alternatives market?\u003c\/p\u003e\n\n\u003cp\u003eWhat are the key factors driving the global dairy alternatives market?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the breakup of the global dairy alternatives market based on the source?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the breakup of the global dairy alternatives market based on the formulation?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the breakup of the global dairy alternatives market based on the nutrient?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the breakup of the global dairy alternatives market based on the distribution channel?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the breakup of the global dairy alternatives market based on the product type?\u003c\/p\u003e\n\n\u003cp\u003eWhat are the key regions in the global dairy alternatives market?\u003c\/p\u003e\n\n\u003cp\u003eWho are the key players\/companies in the global dairy alternatives market?\u003c\/p\u003e","brand":"Food","offers":[{"title":"May, 2023 \/ 144 Pages \/ MCW16202142","offer_id":47562941169970,"sku":null,"price":2999.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/dairy-alternatives-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}