Dairy industry

The global dairy alternatives market is expected to surpass US$ 34 Billion mark by 2024

Retrieved on: 
Monday, April 30, 2018

LONDON, April 30, 2018 /PRNewswire/ -- The global dairy alternatives market is expected to surpass US$ 34 Billion mark by 2024.

Key Points: 
  • LONDON, April 30, 2018 /PRNewswire/ -- The global dairy alternatives market is expected to surpass US$ 34 Billion mark by 2024.
  • Some of the key factors inhibiting the growth of dairy alternatives market includes cross contamination of raw materials and high price of dairy alternative products.
  • In terms of source, the soy segment accounts for largest share of the dairy alternatives market.
  • The food segment accounted for nearly 45% share of the global dairy alternative market in 2017.
    iGATE RESEARCH report titled "Global Dairy Alternatives Market, Consumption Volume (by Source, Region & Application) and 20 Company Profile - Forecast to 2024" provides a comprehensive assessment of the fast-evolving, high-growth Global Dairy Alternatives Market.