Global Dairy Alternative Market – Industry Trends and Forecast to 2026

Dairy Alternatives are defined as that the products which are made from plant-based include almond, pea, soy, cashew, and others. These products have a number of advantages including lactose-free, gluten-free, sugarfree, GMO-free, cholesterol free. These plant-based products reduce the risk of heart disease, obesity, diabetics and other numbers of health advantages. Almond milk has a number of advantage such as nutritious, low in calories, maintain the blood sugar, dairy free, provide strengthen bone, enrich with vitamin D.

Segmentation: Global Dairy Alternative Market 

Global dairy alternatives market is segmented into seven notable segments which are product type, type, formulation, application, nutritive, distribution channel, brands.
  • On the basis of product type, the market is segmented into almond milk, soy milk, coconut milk, rice milk, oat milk, cashew milk and others. In 2019, the almond milk growing at the highest CAGR of 10.5% in the forecast period 2018-2025.
    • In August, Kite Hill(U.S.) launched squeezable vegan yogurt tubes dairy free brand at whole food market in the country.
  • On the basis of type, the market is segmented into organic and inorganic, in 2018, organic is expected to reach USD 11,043.04 million by 2025, with the highest CAGR of 9.9% in the forecast period of 2018 to 2025.
    • In May Blue Diamond Growers (U.S.) launched almond breeze in brazil market. By this product launched company explored business in the market.

Competitive Analysis: Global Dairy Alternative Market 

Some of the prominent participants operating in this market are The Whitewave Foods Company, Kite Hill, Oalty, Blue Diamond Growers, Earth’s Own Food Company Inc., Sunopta, Pureharvest, Pacific Foods Of Oregon, Inc., Sanitarium, Hain Celestial And Others
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