Dairy alternatives are referred predominantly as plant-based food and beverages products, which are processed from various types of nuts, cereals, and seeds. Because of the low cholesterol concentration and fat content in dairy alternatives, their demand is increasing at a rapid pace around the world. Today, food intolerances and food allergies have become a major concern for health-conscious consumers. Following a dairy-free diet has numerous benefits, and is widely exercised by health-conscious consumers and fitness enthusiasts.
The factors such as increasing awareness of consumers towards a vegan diet, nutritional benefits provided by such foods, lactose intolerance among the population and demand for various fortified dairy food & beverage applications are expected to propel the growth of dairy alternatives market in the coming years. Some of the key factors inhibiting the growth of dairy alternatives market includes cross contamination of raw materials and high price of dairy alternative products.
By Source - Global Dairy Alternatives Market, Volume & Forecast
In terms of source, the soy segment accounts for largest share of the dairy alternatives market. The popularity of soy milk can be attributed to the plethora of varieties, in terms of flavors, blends, fat content, and formulations offered by leading dairy alternative manufacturers.
The almond milk market is one of the fastest growing segments in the non-dairy and vegan milk industry.
Rice milk captures 3rd highest share of the dairy alternatives market. It is a great alternative to conventional milk with benefits such as free-from cholesterol and lactose.
Coconut milk captures least share of the dairy alternatives market.
By Application - Global Dairy Alternatives Market, Volume & Forecast
In 2019, beverages segment accounted for largest share of the global dairy alternatives market.
The food segment market is the fastest growing application in the dairy alternatives market.
By Products - Global Dairy Alternatives Market, Volume & Forecast
On the basis of products, the unflavored/regular milk is the dominant segment in terms of both volume and revenue.
Increasing consumption of flavored milk substitutes with low calorie content are expected to augment flavored milk market growth over the forecast period.
By Nature - Global Dairy Alternatives Market, Volume & Forecast
The conventional (in-organic) milk segment dominates the global dairy alternatives market in terms of both volume and revenue.
It is predicted that the organic milk segment will account for 30% share of the global dairy alternatives market by 2026.
By Sales Channel - Global Dairy Alternatives Market, Volume & Forecast
Mainstream stores (hypermarkets/supermarkets) holds a dominating share in the global dairy alternatives market.
It is predicted that the Specialty Stores will account for 15% share of the global dairy alternatives market by 2026.
The Online Retail segment is expected to witness the fastest growth over the forecast period.
Global Dairy Alternatives Market - Regional Analysis
Geographically, the global dairy alternatives market is dominated by Asia-Pacific region. The Asia-Pacific market is driven by countries such as China, Japan, South Korea, Taiwan, Singapore, Malaysia, Australia and Indonesia.
North America is the second largest market for dairy alternatives, being closely followed by the European region. The dairy alternatives market in these regions is driven by rapid growth in the consumption of dairy alternative products, mainly due to the increased disposable income, changes in the lifestyle and dietary patterns.
In Latin America, Brazil, Mexico and Argentina are observing high demand for dairy alternatives.
The report titled “Dairy Alternatives Market, Consumption Volume (by Source, Application, Products, Nature, Sales Channel, & Region) and 20 Company Profile - Global Forecast to 2026” provides a comprehensive assessment of the fast-evolving, high-growth Global Dairy Alternatives Market.
This 237 page report with 10 figures and 10 tables has been analyzed from 10 viewpoints:
1. Global Dairy Alternatives (Plant-Based Milk) Market & Volume Forecast (2011 - 2026)
2. Global Dairy Alternatives Market Share & Forecast (2011 - 2026)
3. By Source - Global Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
4. By Application - Global Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
5. By Products - Global Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
6. By Nature - Global Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
7. By Sales Channel - Global Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
8. By Region - Global Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
9. Companies Profile - Overview, Strategy/ Initiatives/ Recent Developments/ Major Deals, Financial Insights
10. Global Dairy Alternatives Market - Driving Factors and Challenges
Global Dairy Alternatives Market - Company Profiles
1. WhiteWave Foods Company
2. Hain Celestial Group Inc.
3. Blue Diamond Growers, Inc.
4. Organic Valley
5.SunOpta Inc.
6. Sanitarium Health and Wellbeing Company
7. Freedom Foods Group Limited
8. Kikkoman
9. Vitasoy International Holdings Limited
10. Living Harvest Foods Inc.
11. Nutriops S.L
12. Eden Foods Inc.
13. Earth’s Own Food Company Inc.
14. Triballat Noyal
15. Valsoia SpA
16. Daiya Foods Inc. (Acquired by Otsuka Pharmaceutical Co., Ltd.)
17. Döhler GmbH
18. Archer Daniels Midland Company
19. Danone
20. GRUPO LECHE PASCUAL, S.A.
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1. Executive Summary
2. Global Dairy Alternatives (Plant-Based Milk) Market & Volume Forecast (2011 - 2026)
2.1 Global Dairy Alternatives Market & Forecast
2.2 Global Dairy Alternatives Volume & Forecast
3. Global Dairy Alternatives Market Share & Forecast (2011 - 2026)
3.1 By Source - Global Dairy Alternatives Market Share & Forecast
3.2 By Application - Global Dairy Alternatives Market & Forecast
3.3 By Products - Global Dairy Alternatives Market Share & Forecast
3.4 By Nature - Global Dairy Alternatives Market Share & Forecast
3.5 By Sales Channel - Global Dairy Alternatives Market Share & Forecast
3.6 By Region - Global Dairy Alternatives Market Share & Forecast
4. By Source - Global Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
4.1 Dairy Alternatives - Soy Milk Market, Volume & Forecast (2011 - 2026)
4.1.1 Soy Milk Market & Forecast
4.1.2 Soy Milk Volume & Forecast
4.2 Dairy Alternatives - Almond Milk Market, Volume & Forecast (2011 - 2026)
4.2.1 Almond Milk Market & Forecast
4.2.2 Almond Milk Volume & Forecast
4.3 Dairy Alternatives - Rice Milk Market, Volume & Forecast (2011 - 2026)
4.3.1 Rice Milk Market & Forecast
4.3.2 Rice Milk Volume & Forecast
4.4 Dairy Alternatives - Coconut Milk Market, Volume & Forecast (2011 - 2026)
4.4.1 Coconut Milk Market & Forecast
4.4.2 Coconut Milk Volume & Forecast
4.5 Dairy Alternatives - Others Milk Market, Volume & Forecast (2011 - 2026)
4.5.1 Others Milk Market & Forecast
4.5.2 Others Milk Volume & Forecast
5. By Application - Global Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
5.1 Food - Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
5.1.1 Food - Dairy Alternatives Market & Forecast
5.1.2 Food - Dairy Alternatives Volume & Forecast
5.2 Beverages - Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
5.2.1 Beverages - Dairy Alternatives Market & Forecast
5.2.2 Beverages - Dairy Alternatives Volume & Forecast
6. By Products - Global Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
6.1 Unflavored / Regular Milk - Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
6.1.1 Unflavored / Regular Milk - Dairy Alternatives Market & Forecast
6.1.2 Unflavored / Regular Milk - Dairy Alternatives Volume & Forecast
6.2 Flavored Milk - Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
6.2.1 Flavored Milk - Dairy Alternatives Market & Forecast
6.2.2 Flavored Milk - Dairy Alternatives Volume & Forecast
7. By Nature - Global Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
7.1 Organic Milk - Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
7.1.1 Organic Milk - Dairy Alternatives Market & Forecast
7.1.2 Organic Milk - Dairy Alternatives Volume & Forecast
7.2 Conventional (in-organic) Milk - Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
7.2.1 Conventional (in-organic) Milk - Dairy Alternatives Market & Forecast
7.2.2 Conventional (in-organic) Milk - Dairy Alternatives Volume & Forecast
8. By Sales Channel - Global Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
8.1 Mainstream Stores - Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
8.1.1 Mainstream Stores - Dairy Alternatives Market & Forecast
8.1.2 Mainstream Stores - Dairy Alternatives Volume & Forecast
8.2 Specialty Stores - Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
8.2.1 Specialty Stores - Dairy Alternatives Market & Forecast
8.2.2 Specialty Stores - Dairy Alternatives Volume & Forecast
8.3 Online Retail - Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
8.3.1 Online Retail - Dairy Alternatives Market & Forecast
8.3.2 Online Retail - Dairy Alternatives Volume & Forecast
8.4 Others Channel - Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
8.4.1 Others Channel - Dairy Alternatives Market & Forecast
8.4.2 Others Channel - Dairy Alternatives Volume & Forecast
9. By Region - Global Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
9.1 North America - Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
9.1.1 North America Dairy Alternatives Market & Forecast
9.1.2 North America Dairy Alternatives Volume & Forecast
9.2 Latin America - Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
9.2.1 Latin America Dairy Alternatives Market & Forecast
9.2.2 Latin America Dairy Alternatives Volume & Forecast
9.3 Asia Pacific - Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
9.3.1 Asia Pacific Dairy Alternatives Market & Forecast
9.3.2 Asia Pacific Dairy Alternatives Volume & Forecast
9.4 Europe - Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
9.4.1 Europe Dairy Alternatives Market & Forecast
9.4.2 Europe Dairy Alternatives Volume & Forecast
9.5 Rest of the World - Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
9.5.1 Rest of the World Dairy Alternatives Market & Forecast
9.5.2 Rest of the World Dairy Alternatives Volume & Forecast
10. Companies Profile
10.1 WhiteWave Foods Company
10.1.1 Overview
10.1.2 Strategy/ Initiatives/ Recent Developments
10.1.3 Major Deals
10.1.4 Financial Insights
10.2 Hain Celestial Group Inc.
10.2.1 Overview
10.2.2 Strategy/ Initiatives/ Recent Developments
10.2.3 Major Deals
10.2.4 Financial Insights
10.3 Blue Diamond Growers, Inc.
10.3.1 Overview
10.3.2 Strategy/ Initiatives/ Recent Developments
10.3.3 Major Deals
10.3.4 Financial Insights
10.4 Organic Valley
10.4.1 Overview
10.4.2 Strategy/ Initiatives/ Recent Developments
10.4.3 Major Deals
10.4.4 Financial Insights
10.5 SunOpta Inc.
10.5.1 Overview
10.5.2 Strategy/ Initiatives/ Recent Developments
10.5.3 Major Deals
10.5.4 Financial Insights
Archer Daniels Midland Company
Blue Diamond Growers, Inc.
Daiya Foods Inc. (Acquired by Otsuka Pharmaceutical Co., Ltd.)
Danone
Döhler GmbH
Earth’s Own Food Company Inc.
Eden Foods Inc.
Freedom Foods Group Limited
GRUPO LECHE PASCUAL, S.A.
Hain Celestial Group Inc.
Kikkoman
Living Harvest Foods Inc.
Nutriops S.L
Organic Valley
Sanitarium Health and Wellbeing Company
SunOpta Inc.
Triballat Noyal
Valsoia SpA
Vitasoy International Holdings Limited
WhiteWave Foods Company
