Dairy Alternatives Market research is provided on market opportunities, drivers, trends, challenges, size and share, key players. An absolute analysis of Dairy Alternatives market delivers actionable intelligence on various dynamics of the market that can be used by every established or new player in this industry regardless of the size of business. A forecast for period 2014-2023 is also provided in this report.

The Dairy Alternatives Market was worth USD 5.89 billion in 2014 and is expected to reach approximately USD 15.79 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 11.58% during the forecast period.

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Industry Outlook and Trend Analysis:
Rising demand for dairy alternatives for the production of medical foods for lactose intolerance diseases, inferable from its lactose-free nature, is anticipated to drive the business development. The nutritious advantages offered by dairy alternative products, for example, high protein content, low cholesterol content, and the incorporation of the same in everyday food products by producers is anticipated to profit the market. Rising number of allergies related with non-vegan foods and the resultant changing dietary inclinations of consumers is expected to drive the interest for the product over the estimate time frame.

Product Outlook and Trend Analysis:
The soy milk product portion represented 40.5% of the market share in 2016. Soy milk boosts the aversion of breast cancer and heart diseases, attributable to presence of valuable isoflavones in it. This factor has prompted its high prevalence among women, and has along these lines made it develop as the most astounding devoured non-dairy product. Almond milk is foreseen to be the quickest developing product fragment and is foreseen to rise at a tremendous CAGR over the figure time frame.

The Dairy Alternatives Market is segmented as follows-

By Product:
Almond Milk
Soy Milk
Rice Milk
Others

By Formulation:
Flavoured
Sweetened
Unsweetened
Plain
Sweetened
Unsweetened

By Application:
Beverages
Food
Desserts
Cheese
Snacks

Formulation Outlook and Trend Analysis:
Plain formulation section represented USD 5.39 billion in 2016, and is foreseen to develop at a significant CAGR over the conjecture time frame. Developing demand for the product in food & beverage applications for plain unsweetened snacks and desserts is anticipated to boost portion development over the estimate time frame. Flavoured formulation is foreseen to be the quickest developing section over the gauge time frame.

Application Outlook and Trend Analysis:
Beverage is foreseen to develop as the quickest developing application portion over the gauge time frame. Developing demand for different nut based flavoured milk products, for example, cashew, walnut, and almond, is anticipated to profit the market development over the gauge period. Food application portion is foreseen to witness a consistent development rate by virtue of the expanding usage of dairy alternative based desserts, snacks and cheese.

Regional Outlook and Trend Analysis:
Asia Pacific has ruled the dairy alternatives industry as far as income in 2016, and represented more than 49.7% of the market share around the same time. Rising customer awareness in regards to the dairy alternative products, changing purchaser dietary habits combined with rising discretionary income is foreseen to positively affect the business development. Europe dairy options showcase is required to advance at substantial growth rate over the figure time frame.

Competitive Insights:
The leading players in the market are Nutriops S.L, Hain Celestial Group, SunOpta, Blue Diamond Growers, WhiteWave Foods, Eden Foods Inc, Archer Daniels Midland, Freedom Nutritional Products and Daiya. The market is described by the presence of major industry members concentrating on R&D to come up with improvised texture and taste of their dairy alternative product offerings. The industry is pooled by various makers and raw material providers, which have accordingly made the market, be highly competitive.

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Market Classification:
Dairy Alternatives Market, By Application, Estimates and Forecast, 2014-2023($Billion)
Food
Cheese
Desserts
Snacks
Beverages

Dairy Alternatives Market, By Product, Estimates and Forecast, 2014-2023($Billion)
Soy Milk
Almond Milk
Rice Milk
Other Products

Dairy Alternatives Market, By Formulation, Estimates and Forecast, 2014-2023($Billion)
Plain
Sweetened
Unsweetened
Flavored
Sweetened
Unsweetened

Research Methodology:
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining:
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Table of Contents:
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1.Secondary Research
1.2.2.Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1.Market Definition
3.1.2.Market Segmentation
3.2. Market Dynamics
3.2.1.Drivers
3.2.1.1. Rising Consumer Shift Towards Vegan Diet
3.2.1.2. Increasing Cases of Lactose Intolerance
3.2.2.Restraints
3.2.2.1. High cost
3.2.3.Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1.United States Market States and Outlook (2014-2023)
4.1.2.Canada Market States and Outlook (2014-2023)
4.1.3.Mexico Market States and Outlook (2014-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1.Germany Market States and Outlook (2014-2023)
4.2.2.France Market States and Outlook (2014-2023)
4.2.3.UK Market States and Outlook (2014-2023)
4.2.4.Russia Market States and Outlook (2014-2023)
4.2.5.Italy Market States and Outlook (2014-2023)
4.2.6.Rest of Europe Market States and Outlook (2014-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1.China Market States and Outlook (2014-2023)
4.3.2.Japan Market States and Outlook (2014-2023)
4.3.3.Korea Market States and Outlook (2014-2023)
4.3.4.India Market States and Outlook (2014-2023)
4.3.5.Rest of Asia-Pacific Market States and Outlook (2014-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1.Brazil Market States and Outlook (2014-2023)
4.4.2.Argentina Market States and Outlook (2014-2023)
4.4.3.Columbia Market States and Outlook (2014-2023)
4.4.4.Rest of South America Market States and Outlook (2014-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1.Saudi Arabia Market States and Outlook (2014-2023)
4.5.2.UAE Market States and Outlook (2014-2023)
4.5.3.Egypt Market States and Outlook (2014-2023)
4.5.4.Nigeria Market States and Outlook (2014-2023)
4.5.5.South Africa Market States and Outlook (2014-2023)
4.5.6.Rest of MEA Market States and Outlook (2014-2023)

FEATURES OF THE REPORT:

The analysis of Dairy Alternatives market, their Growth, Demand, position, size and share from different regions are mentioned in detailed.
The key players in the market and their share in the global market are discussed.
The new strategic plan and suggestions that will help old as well as new market players to maintain the competitiveness are also discussed.
The Dairy Alternatives market report provides some important points related to growth factors, challenges, opportunities, end-user analysis, achievement and so on.
The latest trends that are being followed in the market are included along with an example.
How technological advancement and research, as well as development activities, are impacting the market is explained in detail.
The development plans and policies are discussed as well as manufacturing processes and cost structures too are discussed.

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