Milk substitute

Dairy Alternatives Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2020–2024 | Technavio

Retrieved on: 
Tuesday, November 24, 2020
Food, Beverage, Retail, Milk substitute, Dairy

The dairy alternatives market is poised to grow by USD 9.29 billion during 2020-2024, progressing at a CAGR of almost 10% during the forecast period.

Key Points: 
  • The dairy alternatives market is poised to grow by USD 9.29 billion during 2020-2024, progressing at a CAGR of almost 10% during the forecast period.
  • View the full release here: https://www.businesswire.com/news/home/20201124005192/en/
    Technavio has announced its latest market research report titled Global Dairy Alternatives Market 2020-2024 (Graphic: Business Wire)
    Worried about the impact of COVID-19 on your Business?
  • The report on the dairy alternatives market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
  • This study identifies the growing demand for organic dairy alternatives as one of the prime reasons driving the dairy alternatives market growth during the next few years.

U.S. Consumers' Top Plant-Based Choices at Home Are Dairy Alternatives, and from Restaurants, It's Meat Analogues

Retrieved on: 
Friday, November 20, 2020
Drinks, Food and drink, Non-alcoholic drinks, Liquids, Milk substitute, Milk, Food, Snack

About 93% of meals or snacks that include milk alternatives are consumed at home and 7% are at/from a restaurant or foodservice outlet.

Key Points: 
  • About 93% of meals or snacks that include milk alternatives are consumed at home and 7% are at/from a restaurant or foodservice outlet.
  • It would be challenging to replicate the same taste at home," says Darren Seifer , NPD food and beverage industry analyst.
  • Although drinking dairy milk at home is still a larger behavior, consumption of dairy alternatives in home is penetrating the market at a rapid pace.
  • Contributing factors to this growth is the health-halo plant-based foods have and the want of some consumers to cut down on dairy in their diets.

Global Dairy Alternatives Market | Growing Demand for Organic Dairy Alternatives to Boost Market Growth | Technavio

Retrieved on: 
Monday, October 19, 2020
Food, Beverage, Retail, Milk substitute, Dairy

View the full release here: https://www.businesswire.com/news/home/20201019005345/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20201019005345/en/
    Technavio has announced its latest market research report titled Global Dairy Alternatives Market 2020-2024 (Graphic: Business Wire)
    The dairy alternatives market is driven by the growth of organized retail sector.
  • The major dairy alternatives market growth came from the beverage-based dairy alternatives segment, and is expected to witness the fastest growth during the next five years.
  • To help clients improve their market position, this dairy alternatives market forecast report provides a detailed analysis of the market leaders.
  • As the business impact of COVID-19 spreads, the global dairy alternatives market 2020-2024 is expected to have positive growth.

Plant Based Food (Dairy Alternatives, Meat Substitute, Plant-Based Eggs, Confectionery) Market - Global Forecast to 2027 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, September 16, 2020
Food, Beverage, Retail, Food and drink, Drinks, Crops, Non-alcoholic drinks, Diets, Plant-based diet, Soybean, Milk substitute

The plant-based food market is expected to grow at a CAGR of 11.9% from 2020 to 2027 to reach $74.2 billion by 2027.

Key Points: 
  • The plant-based food market is expected to grow at a CAGR of 11.9% from 2020 to 2027 to reach $74.2 billion by 2027.
  • Based on product type, the dairy alternatives segment is estimated to dominate the overall plant-based products market in 2020, and is also expected to continue its dominance during the forecast period.
  • Based on source, the soy protein segment is estimated to command the largest share of the overall plant-based products market in 2020.
  • However, the Asia- Pacific plant based products market is developing and expanding at a significant pace.

$36.2 Billion Dairy Alternative Market - Global Industry Perspective, Comprehensive Analysis and Forecast 2020 - 2026 - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 10, 2020
Food, Beverage, Retail, Non-alcoholic drinks, Dairy, Dairy industry, Milk substitute, Supply management

The "Dairy Alternative Market - Global Industry Perspective, Comprehensive Analysis and Forecast 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Dairy Alternative Market - Global Industry Perspective, Comprehensive Analysis and Forecast 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.
  • The report covers forecast and analysis for the dairy alternative market on a global and regional level.
  • The report also offers detailed competitive landscape of the global dairy alternative market.
  • However, absence of proteins, cross contamination of raw materials and high cost associated with dairy alternatives may hamper the dairy alternative market.

Plant Based Milk Market is estimated to rise at a steady CAGR of 4.5% during by 2030-end

Retrieved on: 
Tuesday, September 8, 2020
Food and drink, Drinks, Non-alcoholic drinks, Vegan cuisine, Plant milk, Almond milk, Soy milk, Milk, Coconut milk, Soybean, Almond, Milk substitute

Growing consumption of plant-based food has also led to the adoption of plant-based milk products.

Key Points: 
  • Growing consumption of plant-based food has also led to the adoption of plant-based milk products.
  • Additionally, increasing popularity of soy milk, almond milk, and coconut milk is also flourishing the demand for plant-based milks .
  • Get PDF Brochure for Research Insights at: https://www.persistencemarketresearch.com/samples/31413
    By type, almond milk is projected to witness significant growth in the global plant-based milk market.
  • The main reason is that it contains high fiber, calcium, vitamin, and other nutritional properties, which makes almond milk a premium health beneficial plant-based milk.

Plant Based Milk Market is estimated to rise at a steady CAGR of 4.5% during by 2030-end

Retrieved on: 
Tuesday, September 8, 2020
Food and drink, Drinks, Non-alcoholic drinks, Vegan cuisine, Plant milk, Almond milk, Soy milk, Milk, Coconut milk, Soybean, Almond, Milk substitute

Growing consumption of plant-based food has also led to the adoption of plant-based milk products.

Key Points: 
  • Growing consumption of plant-based food has also led to the adoption of plant-based milk products.
  • Additionally, increasing popularity of soy milk, almond milk, and coconut milk is also flourishing the demand for plant-based milks .
  • Get PDF Brochure for Research Insights at: https://www.persistencemarketresearch.com/samples/31413
    By type, almond milk is projected to witness significant growth in the global plant-based milk market.
  • The main reason is that it contains high fiber, calcium, vitamin, and other nutritional properties, which makes almond milk a premium health beneficial plant-based milk.

Peet's Coffee Celebrates Autumn with a New Take on Seasonal Favorites

Retrieved on: 
Wednesday, September 2, 2020
Drinks, Food and drink, Non-alcoholic drinks, Peet's Coffee, Coffee, Oat milk, Milk substitute

Few things conjure up that Autumn feeling like the taste of spiced maple and pumpkin.

Key Points: 
  • Few things conjure up that Autumn feeling like the taste of spiced maple and pumpkin.
  • Peet's Coffee is inviting guests to turn over a new leaf and enjoy the season's classic flavorsbut this time, poured over ice.
  • For those seeking a dairy alternative, the addition of oat milk to a seasonal staple blends brilliantly with the rich maple spice flavor.
  • With rich, complex, superior quality roasts unlike anything Americans ever tasted before, Peet's influenced generations of coffee entrepreneurs and connoisseurs.

Dairy Alternatives Market by Source, Application, Distribution Channel, Formulation and Region - Global Forecast to 2025

Retrieved on: 
Wednesday, July 22, 2020
Food and drink, Drinks, Articles, Non-alcoholic drinks, Milk, Vegan cuisine, Milk substitute, Plant milk, Veganism, Dairy product, Lactose intolerance, Plant-based diet

The global dairy alternatives market was valued at USD 21.44 billion in 2019 and is projected to reach USD 36.79 billion by 2025, at a CAGR of 11.4% during the forecast period.

Key Points: 
  • The global dairy alternatives market was valued at USD 21.44 billion in 2019 and is projected to reach USD 36.79 billion by 2025, at a CAGR of 11.4% during the forecast period.
  • Increase in the cases of lactose intolerance and milk allergies drive the overall growth of the dairy alternatives market.
  • The dairy alternatives market is driven by various factors such as growing consumer preference for a vegan diet and nutritional benefits offered by plant-based dairy alternatives.
  • Soya-based dairy alternatives are considered to be the best substitutes for dairy products and occupy a significant share in the dairy alternatives market.

The Global Dairy Alternatives Market Size is Projected to Grow From USD 21.4 Billion in 2020 to USD 36.7 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.4%

Retrieved on: 
Tuesday, July 21, 2020
Food and drink, Drinks, Articles, Non-alcoholic drinks, Vegan cuisine, Climate change mitigation, Ethical theories, Intentional living, Milk substitute, Veganism, Plant-based diet, Soybean

The global dairy alternatives market size is projected to grow from USD 21.4 billion in 2020 to USD 36.7billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast period.

Key Points: 
  • The global dairy alternatives market size is projected to grow from USD 21.4 billion in 2020 to USD 36.7billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast period.
  • The dairy alternatives market is driven by various factors such asgrowing consumer preference for a vegan diet and nutritional benefits offered by plant-based dairy alternatives.
  • The soy segment, by source, is estimated to dominate the dairy alternatives market in 2020.
  • The soy segment held the largest sharein 2020, in terms of value.Soya-based dairy alternatives are considered to be the best substitutes for dairy products and occupy a significant share in the dairy alternatives market.