Global Markets for Milk Alternatives

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Global Markets for Milk Alternatives
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Summary
The global market for milk alternatives reached
5.8 billion in 2014 and should reach nearly
10.9 billion by 2019, with a compound annual
growth rate (CAGR) of 13.3 through 2019.This
report provides-An overview of the global
markets for milk alternatives-Analyses of global
market trends, with data from 2013, estimates for
2014, and projections of compound annual growth
rates (CAGRs) through 2019.-Information on
different types of milk alternatives including
soy milk, almond milk, rice milk, oat milk, and
others (coconut milk, hemp milk, hazelnut milk,
etc.)-Examination of different formulations
including plain-sweetened, plain-unsweetened,
flavored sweetened, flavored unsweetened, and
others (low calorie, fortified, etc.)
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STUDY OBJECTIVES Milk is considered very
nutritious and has the reputation that its
consumption results in healthy bodies. However,
nowadays, people are searching for alternatives
to dairy products. There are many reasons for
this, such as allergies, lactose intolerance and
various dietary plans or restrictions. The
objective of this report is to weigh up, examine
and understand the market prospective of milk
alternatives as an alternative for dairy
beverages. The report also evaluates the advances
and innovations in milk alternatives. This report
explores present and future strategies within the
milk-alternatives market, which includes soy
milk, almond milk, rice milk, coconut milk, oat
milk, hemp milk and so forth. The inventions in
the market, the setbacks and the needs of the
market are also discussed in this report.
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REASONS FOR DOING THIS STUDY Milk alternatives
range from soy milk, almond milk, rice milk,
coconut milk and other nut drinks, as well as oat
drink and hemp drink, which are plant-based
substitutes of milk. Detailed research in the
field of milk alternatives has revealed their
usage as milk substitutes. Increasing competition
as well as new research and newer technologies
are directing this market. The new advancements,
new product launches and changing lifestyle have
influenced the market to grow in the near
future.Acquisition strategies and
collaborations by companies are also covered in
this report. This study also discusses the
strength and weaknesses of each type of milk
alternatives in light of the new technologies,
growing competition and changing customer needs.
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CONTRIBUTIONS OF THE STUDY AND INTENDED AUDIENCE
The report highlights the milk-alternatives
markets and the usage of those products. The
information regarding advancements and enhanced
milk alternatives would benefit primarily the
overall manufacturers in the dairy and nondairy
industries, researchers, research organizations,
institutes and also those involved in various
sales channels.SCOPE OF THE STUDY A milk
alternative is any alternative liquid that
replaces milk in a diet or recipe. The scope of
this study covers milk alternatives in the
nondairy market. The Report analyzes each market
and its applications, regulatory environment,
technology, market projections and market shares.
Technological issues include the latest trends
and developments. Markets are broken down by
regions, which are North America, Europe, Middle
East and Africa and Asia-Pacific.
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METHODOLOGY Both primary and secondary research
methodologies were used in preparing this study.
The conducted a comprehensive literature search,
which included technical newsletters and
journals, as well as many other sources. Data
were collected through interviews and
correspondence with manufacturers of milk
alternatives and also technical experts.
Projections were based on estimates such as the
current number of end users, potential end users,
mergers and acquisitions, and market trends.
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INFORMATION SOURCES Many companies were surveyed
to obtain data for this study. Included were
manufacturers and end users of kinase inhibitors
in therapeutic categories and various disease
sectors industries. Data were gathered from
various industry sources. The spoke with
officials within the industry and consulted
newsletters, company literature, product
literature and a host of technical articles,
journals, indexes and abstracts. Exhaustive
investigations of databases by key terminology
were completed. In addition, data were compiled
from current financial, trade and government
sources.
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Table of Contents

1. INTRODUCTION Complimentary
2. EXECUTIVE SUMMARY
3. OVERVIEW
4. REGULATORY ASPECTS AND NEW PRODUCT DEVELOPMENT
5. MARKET ANALYSIS
6. INDUSTRY STRUCTURE
7. PATENT ANALYSIS
8. CURRENT SITUATION AND MARKET PROSPECTS

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