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The dairy alternative products are used for the diets which are made for people having a dairy allergy. These are a group of foods which consists of coffee whitener, imitation cream, cheese, and ice cream. They are similar in taste and texture to the genuine dairy products, nondairy products can differ markedly in composition from products they resemble. Some substitutes may contain milk components despite nondairy claims. The global dairy alternative market is highly fragmented and is based on new product launches and clinical results of products. Some of the major players operating in global dairy alternative market are The
- Whitewave Foods Company
- The Hain Celestial Group, Inc.
- Blue Diamond Growers
- Sunopta Inc.
- Sanitarium Health and Wellbeing Company
- Freedom Foods Group Limited
- Triballat Noyal
- Valsoia S.P.A.
- Eden Foods Inc.
- Nutriops S.L
- Earth’s Own Food Company Inc.
Others: Döhler GmbH, Arla Foods, Amul, Amy’s Kitchen, Barry Callebaut, Cargill, Chr. Hansen, Crowley Foods, and Doves Farm Food, and Fonterra among others. The global market accounted to USD 9.8 billion in 2017. The major Dairy Alternative Market players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
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- By formulation the global dairy alternative market is segmented into
- Plain & Sweetened
- Plain & Unsweetened
- Flavored & Sweetened
- Flavored & Unsweetened, And Others
- By type the global dairy alternative market is segmented into
- Almond Milk
- Oat Milk
- Hemp Milk
- Coconut Milk
- Rice Milk, And Others
- By application the global dairy alternative market is segmented into
- Food segment is further sub-segmented into cheese, creamer, yogurt, pudding, and ice cream.
- Beverages segment is further sub-segmented into milk, and sauces & dressings.
- By nutritive component the global dairy alternative market is segmented into
- Vitamins, And Others
- On the basis of geography, global dairy alternative market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa.
- Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2018, North America is expected to dominate the market.
Major Market Drivers and Restraints:
- Rising Consumer Preference for A Vegan Diet
- Growing Cases of Lactose Intolerance & Milk Allergies
- Fast Growth of Beverage Industry
- Value Sensitivity
- Inadequate Availability of Raw Materials
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