Mergers and Acquisitions, Legal, Awards, Partnerships, Product Launches and Execution

Dublin, May 5, 2021 (GLOBE NEWSWIRE) – The report “Milk Alternatives Market By Source, Application, Formulation & Geography – Global Forecast to 2026” has been added ResearchAndMarkets.com Offer.

The dairy alternatives market is projected to grow by 11.5% CAGR through 2026

Milk alternatives are food and beverage products that are consumed as an alternative to dairy products. These products are made from plants and are considered a very healthy substitute for dairy products. Soy milk, coconut milk, and almond milk are some of the most common options for milk alternatives around the world.

Milk alternatives are considered healthy due to the presence of various important vitamins and minerals. They are also lower in fats and cholesterol and have no lactose concentration. Milk alternatives are well known in developed and emerging markets due to the increasing number of people who are allergic to dairy products.

In addition, the rise in health conscious and disposable income has fueled the growth of the dairy alternative market. Driving factors aside, the unstable prices of the diary alternatives raw materials are hindering market growth.

The Milk Alternatives Market is segmented into Almonds, Soy, Oats, Hemp, Coconut, Rice, and Others by source segmentation. Among these, soy dairy products are the most popular as soy contains a wide variety of dairy products that are similar to cow and buffalo milk. In addition, soy milk products contain more protein, vitamins, minerals, antioxidants and have low cholesterol levels compared to other sources such as cow and buffalo milk.

Among all applications, milk is the most important segment in order to achieve maximum market share. Precedence over health Consumers are more concerned about beverage choices. The high demand for milk made from non-dairy ingredients such as almonds, coconuts, soy and other non-dairy ingredients is increasing rapidly. Health concerns related to lactose intolerance and the busy lifestyle of the working middle class are driving non-dairy use.

In terms of formulation, the market is divided into simple and flavored. The Plain segment has acquired a maximum share of the market for milk alternatives. This is due to the increasing demand for unflavored milk, including almond milk, coconut milk, soy milk, and rice milk, which are unsweetened. The growing preference for low-calorie products among the population aged 40 and over is increasing the demand for normal milk.

The geographic regions of the Milk Alternative Market are North America, Europe, Asia Pacific, and the rest of the world. The Asia-Pacific region is a major contributor to market share in this region due to drastic urbanization, diet diversification and the increase in the per capita income of the population in this region.

In addition, the major factors stimulating global milk alternatives are the increase in the population suffering from an allergic reaction to dairy products. In addition, the benefits associated with non-dairy products in terms of providing different numbers of vitamins, nutrients, and other benefits support the extreme demand for alternative dairy products.

The story goes on

White Wave Foods Company, Blue Diamond Growers, Green Spot Co., Ltd., Freedom Foods Group Limited, Earth’s Own Food Company Inc., Hain Celestial, SunOpta, Ecomil, Sanitarium, Eden Foods Inc., Triballat Noyal , Valsoia SpA, Dohler, Panos Brands, Hiland Dairy, Ripple Foods and Califia Farms are the few well-known companies in the dairy alternative market.

As a result, these alternative dairy products play a vital role in daily life as milk and other dairy products are essential and make a significant contribution to protein supplements. In addition, compared to common dairy products, these products contain less cholesterol and are more beneficial.

• The report gives an overview of the market growth factors and other factors that have positive and negative impact on market growth.

• This study explains all the segments and sub-segments of the market and their contribution to market growth.

• Additionally, this report provides an analysis of the upcoming trends and consumer preferences of the market.

• The detailed insights are provided about the major vendors in the market in terms of their dynamic strategies, new product launches and business expansion.

Main topics covered:

1. Summary

2. Industry outlook
2.1. Industry overview
2.2. Industry trends

3. Market snapshot
3.1. Market definition
3.2. Market outlook
3.2.1. Porter Five Forces
3.3. Related markets

4. Market characteristics
4.1. Market overview
4.2. Market segmentation
4.3. Market dynamics
4.3.1. driver
4.3.2. restrictions
4.3.3. opportunities
4.4. DRO – impact analysis

5. Source: Market size and analysis
5.1. overview
5.2. almond
5.3. soy
5.4. oats
5.5. hemp
5.6. coconut
5.7. rice
5.8. Other

6. Application: market size and analysis
6.1. overview
6.2. cheese
6.3. Creams
6.4. yogurt
6.5. ice
6.6. milk
6.7. Other

7. Formulation: market size and analysis
7.1. overview
7.2. Easy
7.3. With taste

8. Geography: market size and analysis
8.1. overview
8.2. North America
8.3. Europe
8.4. Asia Pacific
8.5. rest of the world

9. Competitive landscape
9.1. Competitive comparison analysis
9.2. Market developments
9.2.1. Mergers and acquisitions, law, awards, partnerships
9.2.2. Product launches and execution

10. Manufacturer profiles
10.1. The White Wave Foods Company
10.1.1. overview
10.1.2. Financial overview
10.1.3. Product offers
10.1.4. developments
10.1.5. Business strategy
10.2. Blue Diamond Growers
10.3. Green Spot Co., Ltd.
10.4. Freedom Foods Group Limited
10.5. Earth’s Own Food Company Inc.
10.6. Grove Celestial
10.7. SunOpta
10.8. Ecomil
10.9. sanatorium
10.10. Eden Foods Inc.

11. Companies to be observed
11.1. Triballate Noyal
11.1.1. overview
11.1.2. Products
11.1.3. Business strategy
11.2. Valsoia SpA
11.3. Dohler
11.4. Panos brands
11.5. Hiland Dairy
11.6. Ripple Foods
11.7. Califia farms

12. Analyst opinion

Please visit https://www.researchandmarkets.com/r/jmp2q9 for more information on this report

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