Global demand for renewable chemicals market was valued at USD 50.0 billion in 2015 and it is expected to reach USD 85.0 billion in 2021, growing at a CAGR of 11% by 2021
Global Renewable Chemicals Market to expand at a 11% CAGR from 2021
1. Published By:Zion Market Research
Dairy Alternative Market - Global Industry Perspective,
Comprehensive Analysis and Forecast, 2015 – 2021
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2. Dairy Alternative Market
Dairy alternative is a plant based milk and used as major substitute of milk. It is processed
through cereals (oats, rice, wheat, and barley), nuts, and seeds. It contains low cholesterol
and low fat content than milk products. Dairy alternative do not contain lactose that have a
therapeutic or medical advantages particularly for the lactose intolerant population.
The report covers forecast and analysis for the dairy alternative market on a global and
regional level. The study provides historic data of 2015 along with a forecast from 2016 to
2021 based on revenue (USD Million). The report also offers detailed competitive landscape
of the global dairy alternative market. It includes company market share analysis, product
portfolio of the major industry participants. The report provides market opportunities for the
upcoming years.
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Dairy alternative products have various health benefits. Growing vegetarian population and
increase health awareness mainly drives the dairy alternative market. Strong support from
the government and associations is also expected to offer growth prospects for dairy
alternative market. However, absence of proteins, cross contamination of raw materials and
high cost associated with dairy alternatives may hamper the dairy alternative market.
Nevertheless, lactose intolerance, new marketing techniques and awareness programs
regarding dairy alternatives may create various opportunities for this market.
3. Dairy Alternative Market
In terms of segmentation, the dairy alternative market has been segmented on the basis of
product which includes almond milk, oat milk, rice milk, soya milk and others. The soya milk
segment is expected to acquire the largest market share of global market in the coming
years. The demand for almond milk is also increasing extensively due to various health
advantages and high content of calcium and vitamin. On the basis of formulations market is
divided into plain-sweetened, plain-unsweetened, flavored-sweetened, flavored-
unsweetened, and others.
The dairy alternative market has been encountering constant development and would keep
up the same trend in the near future. Geographically, the market has been segmented into
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia-
Pacific dairy alternatives market is predicted to grow at the highest CAGR in the forecast
period. Rising health awareness, increasing cases of lactose intolerance and milk allergy in
this region would fuel the market growth.
There are some major players in the dairy alternative market such as Blue Diamond
Growers, Earth's Own Food Company, Panos Brands LLC, Eden Foods Inc, The Bridge
S.R.L, Whitewave Foods Company, Associated British Foods, and BASF SE among others.
Browse the full “Dairy Alternative Market – Global Industry Perspective, Comprehensive
Analysis and Forecast, 2015 – 2021"report at https://www.zionmarketresearch.com/report/dairy-
alternative-market
Global Dairy Alternative Market: Product Segment Analysis
Almond milk
4. Dairy Alternative Market
Oat milk
Rice milk
Soya milk
Others
Global Dairy Alternative Market: Formulations Segment Analysis
Plain sweetened
Plain unsweetened
Flavored sweetened
Flavored unsweetened
Others
Browse the full “Dairy Alternative Market – Global Industry Perspective, Comprehensive
Analysis and Forecast, 2015 – 2021"report at https://www.zionmarketresearch.com/report/dairy-
alternative-market
Global Dairy Alternative Market: Region Segment Analysis
North America
o U.S.
Europe
o UK
o France
o Germany
Asia Pacific
o China
5. Dairy Alternative Market
o Japan
o India
Latin America
o Brazil
Middle East & Africa
Browse the full “Dairy Alternative Market – Global Industry Perspective, Comprehensive
Analysis and Forecast, 2015 – 2021"report at https://www.zionmarketresearch.com/report/dairy-
alternative-market
Zion Market Research
Address: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States
Tel: +1-386-310-3803 GMT
+49-322 210 92714 Tel: +1-855-465-4651 (US/CAN TOLL FREE)
Email: sales@zionmarketresearch.comWeb:www.zionmarketresearch.com