Dairy Alternatives Market

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Global Dairy Alternative Market 2017 2025

• Published by Accurize Market Research Pvt. Ltd.

2
Global Dairy Alternative Market is Estimated to
Reach 28,745 Million by 2025

• Global Dairy Alternative Market report published
  by Accurize Market Research forecast that the
  global market is expected to reach 28,745
  million by 2025 growing at a CAGR of 13.1 from
  2017 to 2025. By geography, the Asia Pacific and
  North America are expected to grow at a CAGR of
  XX and XX, respectively, during the forecast
  period.
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3
Global Dairy Alternative Market is Estimated to
Reach 28,745 Million by 2025

• Nutritional benefits such as low cholesterol
  content, great protein content, and rising
  consumer preference for a vegan diet to drive the
  growth of the market
• Nutritional benefits such as low cholesterol
  content, great protein content, and rising
  consumer preference for a vegan diet fuels the
  demand for the global dairy alternative market.
  Furthermore, the rising number of dairy allergic
  and lactose intolerant shoppers also boosts the
  growth of the market.

4
Market Segmentation

• The global dairy alternative market has been
  bifurcated on the basis of source, application,
  distribution channel, and geography.
• On the basis of source, the classification
  includes almond milk, soy milk, rice milk, and
  other sources. The application segment can be
  sub-segmented into food (yogurt, creamer, spread,
  tofu, and other foods), and beverages.
• Also, on the basis of the distribution channel,
  the segmentation is given as large retail, small
  retail, specialty store, and online.
• By geography, the market is segmented into North
  America, Europe, Asia-Pacific, and Rest of the
  World (RoW).

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Market Segmentation

• North America is further bifurcated in the U.S.,
  Canada, and Mexico, whereas Europe segment
  consists of the UK, Germany, France, and Rest of
  Europe.
• Asia-Pacific is segmented into China, Japan, and
  Rest of Asia-Pacific while RoW is bifurcated into
  South America, the Middle East, and Africa.
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6
Market Segmentation

• Soy milk accounted for the largest market share
  source segment, says Accurize
• In the source segment, soy milk accounted for
  more than half of the total market share in
  2017and is estimated to continue its dominance
  during the forecast period.
• The high growth of soy milk can be attributed to
  the excess of varieties, in terms of flavors, fat
  content, blends, and formulations
• Beverages, in the application segment, occupied
  the maximum market share accounting for more than
  two-thirds of the total market share and is
  likely to achieve the fastest CAGR throughout the
  forecast period 2017 2025.

7
Market Segmentation

• "Asia-Pacific dominated the global market with
  the highest market share over the forecast
  period", says Accurize
• Asia-Pacific dominated the market with 43 market
  share in 2017, owing to increasing consumer
  demand for lactose-free food products as well as
  the richness of soy-based dairy-free products.
  Moreover, Asia-Pacific is also anticipated to
  reach the fastest CAGR during the forecast
  period, due to increasing population and rise in
  the disposable income of the consumers.

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Top players in the market

• Major companies operating in the market include
• Hain Celestial Group Inc
• Blue Diamond Growers
• Organic Valley, Eden Foods, Inc
• Hudson River Foods
• WhiteWave Foods Company
• SunOpta Inc
• Earth's Own Food Company Inc
• BRIDGE S.R.L
• Döhler GmbH 

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