Dairy Alternatives Market Overview, Global Industry Trends, Growth Drivers and Research Report 2023-2028
The latest report published by IMARC Group, titled “Dairy Alternatives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the global The escalating prevalence of chronic medical ailments, including cardiovascular (CVD), diabetes, and gastrointestinal diseases, and the rising number of people with lactose intolerance are primarily driving the market. Besides this, the increasing awareness towards the benefits of consuming these substitutes, as they are easily digested and do not cause painful bloating and other gastric problems, is further augmenting the market growth. Moreover, the emerging trend of veganism across countries and various technological advancements in the production of dairy alternatives are also catalyzing the global market. Apart from this, the elevating utilization of ultra-high temperature (UHT) processing and enzymatic liquefaction methods to enhance the nutritional content and yield of the products is acting as another significant growth-inducing factor. Furthermore, the extensive availability of several sweetened, flavored, and unsweetened variants and the aggressive promotional activities by the manufacturers are anticipated to propel the market over the forecasted period. Dairy Alternatives Market 2023-2028 Competitive Analysis and Segmentation: Competitive Landscape With Key Players: The competitive landscape of the dairy alternatives market has been studied in the report with the detailed profiles of the key players operating in the market. Some of these key players include: 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 Valsoia S.p.A. Key Market Segmentation: The report has segmented the global dairy alternatives market based on source, formulation, nutrient, distribution channel, product type and region. Breakup by Source: Almond Soy Oats Hemp Coconut Rice Others Breakup by Formulation: Plain Sweetened Unsweetened Flavoured Sweetened Unsweetened Breakup by Nutrient: Protein Starch Vitamin Others Breakup by Distribution Channel: Supermarkets and Hypermarkets Convenience Stores Online Stores Others Breakup by Product Type: Cheese Creamers Yogurt Ice Creams Milk Others Breakup by Region: North America Asia Pacific Europe Latin America Middle East and Africa Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: