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Major players in the dairy alternatives market include Danone S.A., Blue Diamond Growers, The Hain Celestial Group, Inc., Oatly Group AB, Vitasoy International Holdings.

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The dairy alternatives market is expected to reach to $16.00 billion in 2025 at a rate of 8.5%. The global dairy alternatives market size is then expected to grow at a CAGR of 7.5% from 2025 and reach $23.01 billion in 2030.

Asia Pacific was the largest region in the global dairy alternatives market.

The dairy alternatives market consists of sales of dairy alternative products and related services by entities (organizations, sole traders and partnerships) that produce dairy alternatives. Dairy alternatives are food & beverages that are used as a substitute for dairy products. These products are extracted from plants including cereals (rice, oats), legumes (soy), seeds (hemp, flax), nuts (peanuts, almond), and other grains (teff, quinoa). The dairy milk alternatives include soy milk, rice milk, oat milk, coconut milk, and flaxseed milk, cheese substitutes comprise soft cheese and hard cheese, butter alternatives such as nut butter, coconut butter, vegetable oil blends, cream, yogurt, ice-cream and cultured vegan butter.

The various improvements in temperature-controlled transport is also expected to drive the diary alternatives market in the forecast period.

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Many dairy alternative companies are coming up with new dairy alternative products. These include making use of a number of plant-based alternatives for the introduction of new and innovative alternatives to milk-based products that are sustainable and healthy. Companies such as Nestle and Take Two Foods are offering innovative products such as non-dairy products made from barley, oats, yellow peas and banana.

TBRC’s Dairy Alternatives Market Report Segments:
By Product Type: Non-Dairy Milk, Butter, Cheese, Yogurt, Ice Cream, Others

By Source: Almond, Soy, Oats, Hemp, Coconut, Rice, Others

By Distribution Channel: Supermarkets, Health Food Stores, Pharmacies, Convenience Stores, Online Stores, Others
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Dairy Alternatives Market Report 2022 –Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides an overview of the dairy alternatives market globally and regionally, analyzes and forecasts market size, share, dairy alternatives market players, dairy alternatives market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

Bulk Food Ingredients Global Market Report 2022

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