The global Dairy Alternatives market was valued at 1324.56 Million USD in 2021 and will grow with a CAGR of 11.02% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

The soy milk segment, on the basis of type, accounted for the largest market share in 2017. The dominance of this segment is mainly driven by the surplus soy milk varieties in terms of flavors, blends, fat content, and formulations offered by leading dairy alternative manufacturers. It is also coupled with the increasing awareness about the nutritional benefits of soy-based products, and easy availability of convenient & healthy dairy-free soy milk. The almond milk segment, on the basis of type, accounted for the second-largest share in 2017 owing to its health benefits as well as easy availability of raw materials. The food application of the dairy alternatives market holds the largest market share due to the usage of plant-based ingredients in applications such as cheese, creamer, yogurt, pudding, and ice cream.

By Market Verdors:

The Whitewave Foods Company

The Hain Celestial Group

Blue Diamond Growers

Sunopta Inc.

Sanitarium Health and Wellbeing Company

Freedom Foods Group Limited

Eden Foods Inc.

Nutriops S.L

Earth`s Own Food Company Inc.

Triballat Noyal

Valsoia S.P.A.

Döhler GmbH

By Types:

Almond

Soy

Coconut

Oat

Rice

Hemp

By Applications:

Plain & sweetened

Plain & unsweetened

Flavored & sweetened

Flavored & unsweetened

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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To understand the future outlook and prospects for the market.

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