Exploring Plant-based Dairy Market Opportunity, Latest Trends, Demand, and Development By 2030- MarkNtel Advisors
According to Markntel Advisors Report, Plant-based Dairy Market is expected to grow at a significant growth rate, and the analysis period is 2024-2030, considering the base year as 2023. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Plant-based dairy alternatives are non-dairy products that
mimic the taste & texture of traditional dairy items but are derived from
plant sources. These alternatives are typically made from soy, almonds, oats,
coconut, or rice. They offer a diverse range of options, including plant-based
milk, yogurts, cheeses, and ice creams, providing a viable & nutritious
alternative to traditional dairy products..
Global Plant-based Dairy Market
Research Report & Summary:
The Global Plant-based Dairy
Market size is estimated to grow at a CAGR of around 9.1% during
the forecast period, i.e., 2024-30.
Time Period
Captured in the Report:
·
Historical
Years: 2019-22
·
Base
Years: 2023
·
Forecast
Years: 2024-2030
Who are the Key Players Operating in the Plant-based
Dairy Market?
The top
companies of the Plant-based Dairy Market ruling the industry are:
Danone, Groupe, Hebei
Yangyuan Zhihui Beverage Co Ltd, Cereal Base CEBA AB, Coconut Palm Group Co
Ltd, Blue Diamond Growers, Vitasoy International Holdings Ltd, Wanxiang Sannong
Co Ltd, The Coca-Cola Co., Fujian Dali Food Co Ltd, Kikkoman Corp, Lactasoy Co
Ltd, Califia Farms LP, Green Spot Co Ltd, Dr Chung's Food Co Ltd, Marusanai Co
Ltd, Others.
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Plant-based
Dairy Industry Recent Development:
·
2023: Blue Diamond Growers, launched Almond Breeze Extra Creamy Almond milk with
80 calories per serving and has low saturated fats with high vitamin D and E
content.
The Plant-based Dairy Market explores the
industry by emphasizing the growth parameters and categorizes including
geographical segmentation, to offer a comprehensive understanding of the market
dynamic. The further bifurcations are as
follows:
-By Product Type- Market Size & Forecast 2019-2030, USD Million
-Plant-based Milk
-Soy Drinks
-Almond
-Coconut
-Oat
-Rice
-Others (Blends, etc.)
-Plant-based Yoghurt
-Plant-based Cheese
-Others
-By End Users- Market Size & Forecast 2019-2030, USD Million
-B2B
-HoReCa
-Snacks & Savoury
-Bakery & Confectionary
-Food Service
-HoReCa
-Retail Users
-By Sales Channel- Market Size & Forecast 2019-2030, USD Million
-Supermarkets
-Hypermarkets
-Local Grocery Stores
-Online
-Others
-By Ingredients- Market Size & Forecast 2019-2030, USD Million
-Plant-based Acidulants
-Plant-based Botanicals
-Plant-based Carotenoids
-Vegetable Oils
-Polysaccharides & Oligosaccharides
-Plant-based Sweeteners
-Other Commodities (Water, Cereals, Juices, etc.)
-By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
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Market Dynamics -Global Plant-based
Dairy Market:
Cholesterol-free &
Fat-free Properties to Propel Plant-based Dairy Products’ Demand – The
rise in various lifestyle-related diseases, such as obesity, heart disease,
diabetes, etc., has reached epidemic proportions in many parts of the world.
These health issues, along with the threat of new & emerging diseases have
driven people to be more proactive about their health. Moreover, a significant
portion of the global population is suffering from one or another disease,
driving consumers to adopt healthier lifestyles.
For
Instance,
In
2022, according to the WHO (World Health Organisation), more than 1 billion
people across the globe were obese, and it was estimated that by 2025,
approximately 167 million people, including children & adults, will be less
healthy due to obesity.
Owing
to such rising health concerns, consumers are seeking food options that contain
lower amounts of saturated fats and provide more nutrition to maintain a
healthy & balanced lifestyle. They are actively looking for food products
that are claimed to be cholesterol-free and fat-free. Plant-based dairy
products are low in saturated fats and offer cholesterol-free properties
leading to their higher consumption which is expected to drive the growth of
the Plant-based Dairy Market in the forecast period.
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Why Markntel Advisor Report?
MarkNtel Advisors is a leading consulting, data
analytics, and market research firm that provides an extensive range of
strategic reports on diverse industry verticals. We being a qualitative &
quantitative research company, strive to deliver data to a substantial &
varied client base, including multinational corporations, financial
institutions, governments, and individuals, among others.
We have our existence across the market for
many years and have conducted multi-industry research across 80+ countries,
spreading our reach across numerous regions like America, Asia-Pacific, Europe,
the Middle East & Africa, etc., and many countries across the regional
scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil,
and several others.
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