Market Overview

Global Dairy Alternative Market 2018 - Forecast to 2023: CAGR to Grow at 10.4% -


The "Global
Dairy Alternative Market - Growth, Trends, and Forecast (2018 - 2023)"

report has been added to's

The global dairy alternative market, in terms of value, is projected to
reach about USD 26 billion by 2023, growing at a CAGR of about 10.4%
from 2018 to 2023.

Better health related benefits, including high energy levels as compared
to normal dairy products, are expected to be the key factors, owing to
which, people are shifting from regular products or beverages to its

Considering the market segmentation of dairy alternatives, there are
various food and beverage options available in supermarkets, convenience
stores, pharmacies and health stores to grab the attention of the
consumer. However, the major market share is taken by beverages in the
global scenario and it is expected to grow in the coming years.

The primary factors driving the dairy alternative market are:

  • Increase in lactose Intolerance and milk allergy
  • Nutritional values of plant based dairy alternatives
  • Changed lifestyle causing obesity and gastrointestinal problems

The major restraints for the market are:

  • High pricing of dairy alternatives as compared to dairy based products
  • Lack of protein and cross contamination of raw materials

The factors that can provide opportunities to the key players of
the market are:

  • Innovative marketing practices and creating awareness
  • Increasing demand from developing countries

Key Topics Covered

1. Introduction

2. Market Insights

3. Market Dynamics

4. Market Segmentation

5. Regional Market Analysis

6. Competitive Landscape

7. Company Profiles

  • Blue Diamond Growers
  • Califia Farms
  • Daiya Foods Inc.
  • Earths Own Food Company Inc.
  • Eden Foods Inc.
  • Organic Valley
  • Pacific Foods of Oregon LLC
  • Sanitarium Health & Wellbeing Company
  • Sunopta Inc.
  • The Hain Celestial Group Inc.
  • The White Wave Food Company
  • Vitasoy

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