Global Dairy Alternative Market Report, published by Variant Market Research, forecast that the global market is expected to reach $28,745 million by 2025 from $10,709 million in 2017, growing at a CAGR of 13.1% from 2017 to 2025. By Geography, Asia-Pacific and North America are expected to grow at a CAGR of 14.0% and 12.7%, respectively, during the forecast period.
"Dairy Alternative Market (By Source: Soy Milk, Almond Milk, Rice Milk, and Other Sources; By Application: Food, and Beverages; By Distribution Channel: Large Retail, Small Retail, Specialty Store, and Online; By Geography: North America, Europe, Asia-Pacific and RoW) Global Scenario, Market Size, Outlook, Trend and Forecast, 2016 – 2025"
To browse the complete report, visit at https://www.variantmarketresearch.com/report-categories/food-beverages/dairy-alternative-market
The global dairy alternative market is mainly driven by increasing lactose intolerance among consumers globally
Some of the factors driving the growth of the global dairy alternative market include increasing lactose intolerance among consumers globally, nutritional benefits offered by plant-based dairy alternatives, and rapidly growing beverage industry. In addition, growing consumer preference for a vegan diet has also supported the market growth. However, lack of proper nutrients available in dairy alternative raw materials may hamper the growth of the market. Furthermore, innovative product launches and attractive marketing and promotional strategies followed by the companies is expected to provide profitable growth opportunities for the market in the coming future.
Market Segmentation
The global dairy alternative market is mainly classified on the basis of source, application, distribution channel, and geography. The source segment is further bifurcated into soy milk, almond milk, rice milk, and other sources. On the basis of application, the segment is categorized into food (spread, creamer, yogurt, tofu, and other foods), and beverages. Moreover, the distribution channel segment comprises large retail, small retail, specialty store, and online. The country wise analysis has been also covered under the scope of the report. North America covers the U.S., Canada, and Mexico. Germany, France, UK, and Rest of Europe are analyzed under the European market. China, Japan, and Rest of Asia-Pacific are included under the Asia-Pacific market. While RoW is bifurcated into South America, Middle East, and Africa.
Soy milk, by source dominated the market with largest share in 2017
Soy milk accounted for more than half of the total market share in 2017, in the source segment, and is expected to continue its dominance during the forecast period. The high growth of the soy milk can be attributed to the excess of varieties, in terms of flavors, fat content, blends, and formulations presented by leading dairy alternative manufacturers. In addition, the expanding awareness about the nutritional benefits of soy-based products as well as their easy availability, is driving the soy milk market growth.
Beverages contributed for the majority of the share in the application segment
In the year 2017, beverages occupied the maximum market share in the application segment accounting for more than two third of the total market share, and is likely to achieve the fastest CAGR throughout the forecast period 2017 – 2025. The high growth is seen because of the growing demand for various nut based flavored milk products such as almond, walnut, and cashew which is expected to benefit the market growth over the forecast period.
Large retail held the highest share in the distribution channel segment in 2017
Large retail accounted for the largest market share with 55.2%, and is expected to continue its trend in the forecast timeframe. In terms of growth, online channel attained the fastest CAGR owing to high penetration of smartphones, and large availability of sales and discounts in the online commerce.
Asia-Pacific led the global dairy alternative market in 2017
Asia-Pacific generated the highest revenue accounting for 43.6% of the total market share, owing to increasing consumer demand for lactose free food products as well as richness of soy-based dairy-free products. Moreover, Asia-Pacific is also anticipated to reach the fastest CAGR during the forecast period, due to increasing population and rise in the disposable income of the consumers.
Competitive Landscape
The prominent players profiled in the report include Hain Celestial Group Inc., Blue Diamond Growers, SunOpta Inc., Hudson River Foods, WhiteWave Foods Company, Eden Foods, Inc., Earth's Own Food Company Inc., Organic Valley, Döhler GmbH, and BRIDGE S.R.L among others.
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| Chapter 1 Prefix |
|---|
| 1.1 Market Scope |
| 1.2 Report Description |
| 1.3 Research Methodology |
| 1.3.1 Primary Research |
| 1.3.2 Secondary Research |
| 1.3.3 In-house Data Modeling |
| Chapter 2 Executive Summary |
|---|
| 2.1 Global Dairy alternative Market Year-on-Year Growth, 2017 – 2025 (%) |
| Chapter 3 Market Outline |
|---|
| 3.1 Market Inclination, Trend, Outlook and Viewpoint |
| 3.2 Market Share Analysis: Company’s Competitive Scenario |
| 3.3 Market Dynamics |
| 3.3.1 Drivers |
| 3.3.1.1 Impact Analysis |
| 3.3.2 Restraints |
| 3.3.2.1 Impact Analysis |
| 3.3.3 Opportunities |
| Chapter 4 Global Dairy alternative Market by Source: Market Size and Forecast, 2016 – 2025 |
|---|
| 4.1 Overview |
| 4.2 Soy Milk |
| 4.2.1 Current Trend and Analysis |
| 4.2.2 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 4.2.3 Market Size and Forecast by Region, 2016 – 2025 ($ Million) |
| 4.3 Almond Milk |
| 4.3.1 Current Trend and Analysis |
| 4.3.2 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 4.3.3 Market Size and Forecast by Region, 2016 – 2025 ($ Million) |
| 4.4 Rice Milk |
| 4.4.1 Current Trend and Analysis |
| 4.4.2 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 4.4.3 Market Size and Forecast by Region, 2016 – 2025 ($ Million) |
| 4.5 Other Sources |
| 4.5.1 Current Trend and Analysis |
| 4.5.2 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 4.5.3 Market Size and Forecast by Region, 2016 – 2025 ($ Million) |
| Chapter 5 Global Dairy alternative Market by Application: Market Size and Forecast, 2016 – 2025 |
|---|
| 5.1 Overview |
| 5.2 Food |
| 5.2.1 Current Trend and Analysis |
| 5.2.2 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 5.2.3 Market Size and Forecast by Region, 2016 – 2025 ($ Million) |
| 5.2.4 Spread |
| 5.2.4.1 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 5.2.5 Creamer |
| 5.2.5.1 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 5.2.6 Yogurt |
| 5.2.6.1 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 5.2.7 Tofu |
| 5.2.7.1 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 5.2.8 Other Foods |
| 5.2.8.1 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 5.3 Beverages |
| 5.3.1 Current Trend and Analysis |
| 5.3.2 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 5.3.3 Market Size and Forecast by Region, 2016 – 2025 ($ Million) |
| Chapter 6 Global Dairy alternative Market by Distribution Channel: Market Size and Forecast, 2016 – 2025 |
|---|
| 6.1 Overview |
| 6.2 Large Retail |
| 6.2.1 Current Trend and Analysis |
| 6.2.2 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 6.2.3 Market Size and Forecast by Region, 2016 – 2025 ($ Million) |
| 6.3 Small Retail |
| 6.3.1 Current Trend and Analysis |
| 6.3.2 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 6.3.3 Market Size and Forecast by Region, 2016 – 2025 ($ Million) |
| 6.4 Specialty Store |
| 6.4.1 Current Trend and Analysis |
| 6.4.2 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 6.4.3 Market Size and Forecast by Region, 2016 – 2025 ($ Million) |
| 6.5 Online |
| 6.5.1 Current Trend and Analysis |
| 6.5.2 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 6.5.3 Market Size and Forecast by Region, 2016 – 2025 ($ Million) |
| Chapter 7 Global Dairy alternative Market by Geography: Market Size and Forecast, 2016 – 2025 |
|---|
| 7.1 Overview |
| 7.1.1 Global Dairy alternative Market Year-on-Year Growth, by regions 2017 – 2025 (%) |
| 7.2 North America |
| 7.2.1 Current Trend and Analysis |
| 7.2.2 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 7.2.3 US |
| 7.2.3.1 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 7.2.4 Canada |
| 7.2.4.1 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 7.2.5 Mexico |
| 7.2.5.1 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 7.3 Europe |
| 7.3.1 Current Trend and Analysis |
| 7.3.2 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 7.3.3 UK |
| 7.3.3.1 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 7.3.4 France |
| 7.3.4.1 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 7.3.5 Germany |
| 7.3.5.1 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 7.3.6 Rest of Europe |
| 7.3.6.1 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 7.4 Asia-Pacific |
| 7.4.1 Current Trend and Analysis |
| 7.4.2 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 7.4.3 China |
| 7.4.3.1 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 7.4.4 Japan |
| 7.4.4.1 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 7.4.5 Rest of Asia-Pacific |
| 7.4.5.1 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 7.5 RoW |
| 7.5.1 Current Trend and Analysis |
| 7.5.2 Market Size and Forecast |
| 7.5.3 Middle East |
| 7.5.3.1 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 7.5.4 South America |
| 7.5.4.1 Market Size and Forecast, 2016 – 2025 ($ Million) |
| 7.5.5 Africa |
| 7.5.5.1 Market Size and Forecast, 2016 – 2025 ($ Million) |
| Chapter 8 Company Profiles |
|---|
| 8.1 SunOpta Inc. |
| 8.2 WhiteWave Foods Company |
| 8.3 Blue Diamond Growers |
| 8.4 Hudson River Foods |
| 8.5 Hain Celestial Group Inc. |
| 8.6 Organic Valley |
| 8.7 Eden Foods Inc. |
| 8.8 Earth’s Own Food Company Inc. |
| 8.9 Döhler GmbH |
| 8.10 BRIDGE S.R.L |
| List of Figures |
|---|
| FIG.1 MARKET SEGMENTATION: GLOBAL DAIRY ALTERNATIVE MARKET |
| FIG.2 GLOBAL DAIRY ALTERNATIVE MARKET YEAR ON YEAR GROWTH, 2017 - 2025 (%) |
| FIG.3 MARKET SHARE ANALYSIS, 2017 (%) |
| FIG.4 GLOBAL DAIRY ALTERNATIVE MARKET SHARE AND FORECAST, BY SOURCE 2017 Vs 2025 (VALUE %) |
| FIG.5 SOY MILK MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.6 ALMOND MILK MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.7 RICE MILK MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.8 OTHER SOURCES MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.9 GLOBAL DAIRY ALTERNATIVE MARKET SHARE AND FORECAST, BY APPLICATION 2017 Vs 2025 (VALUE %) |
| FIG.10 FOOD MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.11 BEVERAGES MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.12 GLOBAL DAIRY ALTERNATIVE MARKET SHARE AND FORECAST, BY DISTRIBUTION CHANNEL 2017 Vs 2025 (VALUE %) |
| FIG.13 LARGE RETAIL MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.14 SMALL RETAIL MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.15 SPECIALTY STORE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.16 ONLINE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.17 GLOBAL DAIRY ALTERNATIVE MARKET SIZE AND FORECAST BY GEOGRAPHY, 2017 Vs 2025 (REVENUE, CAGR %) |
| FIG.18 GLOBAL DAIRY ALTERNATIVE MARKET YEAR ON YEAR GROWTH, BY REGION 2017 – 2025 (%) |
| FIG.19 NORTH AMERICA DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.20 NORTH AMERICA DAIRY ALTERNATIVE MARKET SIZE AND FORECAST BY COUNTRY, 2016 – 2025 ($ MILLION) |
| FIG.21 U.S. DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.22 CANADA DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.23 MEXICO DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.24 EUROPE DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, 2016 – 2025, ($ MILLION) |
| FIG.25 EUROPE DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, 2016 – 2025 BY COUNTRY, ($ MILLION) |
| FIG.26 UK DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.27 FRANCE DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.28 GERMANY DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.29 REST OF EUROPE DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.30 ASIA-PACIFIC DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, 2016 – 2025, ($ MILLION) |
| FIG.31 ASIA-PACIFIC DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, 2016 – 2025 BY COUNTRY ($ MILLION) |
| FIG.32 CHINA DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.33 JAPAN DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.34 REST OF ASIA-PACIFIC DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.35 REST OF THE WORLD DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.36 REST OF THE WORLD DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, 2016 – 2025 BY COUNTRY ($ MILLION) |
| FIG.37 SOUTH AMERICA DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.38 MIDDLE EAST DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| FIG.39 AFRICA DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, 2016 – 2025 ($ MILLION) |
| List of Tables |
|---|
| TABLE 1 GLOBAL DAIRY ALTERNATIVE MARKET SNAPSHOT |
| TABLE 2 GLOBAL DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, BY REGION, 2016 – 2025 ($ MILLION) |
| TABLE 3 DRIVERS OF THE GLOBAL DAIRY ALTERNATIVE MARKET: IMPACT ANALYSIS |
| TABLE 4 RESTRAINTS OF THE GLOBAL DAIRY ALTERNATIVE MARKET: IMPACT ANALYSIS |
| TABLE 5 SOY MILK MARKET SIZE AND FORECAST, BY REGION, 2016 – 2025 ($ MILLION) |
| TABLE 6 ALMOND MILK MARKET SIZE AND FORECAST, BY REGION, 2016 – 2025 ($ MILLION) |
| TABLE 7 RICE MILK MARKET SIZE AND FORECAST, BY REGION, 2016 – 2025 ($ MILLION) |
| TABLE 8 OTHER SOURCES MARKET SIZE AND FORECAST, BY REGION, 2016 – 2025 ($ MILLION) |
| TABLE 9 FOOD MARKET SIZE AND FORECAST, BY REGION, 2016 – 2025 ($ MILLION) |
| TABLE 10 BEVERAGES MARKET SIZE AND FORECAST, BY REGION, 2016 – 2025 ($ MILLION) |
| TABLE 11 LARGE RETAIL MARKET SIZE AND FORECAST, BY REGION, 2016 – 2025 ($ MILLION) |
| TABLE 12 SMALL RETAIL MARKET SIZE AND FORECAST, BY REGION, 2016 – 2025 ($ MILLION) |
| TABLE 13 SPECIALTY STORE MARKET SIZE AND FORECAST, BY REGION, 2016 – 2025 ($ MILLION) |
| TABLE 14 ONLINE MARKET SIZE AND FORECAST, BY REGION, 2016 – 2025 ($ MILLION) |
| TABLE 15 NORTH AMERICA DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, BY SOURCE, 2016 – 2025 ($ MILLION) |
| TABLE 16 NORTH AMERICA DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, BY APPLICATION, 2016 – 2025 ($ MILLION) |
| TABLE 17 NORTH AMERICA DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, BY DISTRIBUTION CHANNEL, 2016 – 2025 ($ MILLION) |
| TABLE 18 EUROPE DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, BY SOURCE, 2016 – 2025 ($ MILLION) |
| TABLE 19 EUROPE DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, APPLICATION, 2016 – 2025 ($ MILLION) |
| TABLE 20 EUROPE DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, BY DISTRIBUTION CHANNEL, 2016 – 2025 ($ MILLION) |
| TABLE 21 ASIA-PACIFIC DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, BY SOURCE, 2016 – 2025 ($ MILLION) |
| TABLE 22 ASIA-PACIFIC DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, BY APPLICATION, 2016 – 2025 ($ MILLION) |
| TABLE 23 ASIA-PACIFIC DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, BY DISTRIBUTION CHANNEL, 2016 – 2025 ($ MILLION) |
| TABLE 24 REST OF THE WORLD DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, BY SOURCE, 2016 – 2025 ($ MILLION) |
| TABLE 25 REST OF THE WORLD DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, BY APPLICATION, 2016 – 2025 ($ MILLION) |
| TABLE 26 REST OF THE WORLD DAIRY ALTERNATIVE MARKET SIZE AND FORECAST, BY DISTRIBUTION CHANNEL, 2016 – 2025 ($ MILLION) |
| TABLE 27 SUNOPTA INC.: COMPANY SNAPSHOT |
| TABLE 28 WHITEWAVE FOODS COMPANY: COMPANY SNAPSHOT |
| TABLE 29 BLUE DIAMOND GROWERS: COMPANY SNAPSHOT |
| TABLE 30 HUDSON RIVER FOODS: COMPANY SNAPSHOT |
| TABLE 31 HAIN CELESTIAL GROUP INC.: COMPANY SNAPSHOT |
| TABLE 32 ORGANIC VALLEY: COMPANY SNAPSHOT |
| TABLE 33 EDEN FOODS INC.: COMPANY SNAPSHOT |
| TABLE 34 EARTH’S OWN FOOD COMPANY INC.: COMPANY SNAPSHOT |
| TABLE 35 DÖHLER GMBH: COMPANY SNAPSHOT |
| TABLE 36 BRIDGE S.R.L: COMPANY SNAPSHOT |
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