Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Dairy Alternatives Market - Global Industry Insights by 2024: TMR


News provided by

Transparency Market Research

24 Apr, 2017, 12:00 GMT

Share this article

Share toX

Share this article

Share toX

ALBANY, New York, April 24, 2017 /PRNewswire/ --

The dairy alternatives market is categorized by product type, by formulation, by application, by distribution and by geography. On the basis of product type, the dairy alternatives market is divided into soy milk, rice milk, almond milk and coconut milk among others. Others product type segment includes oat milk, hemp milk and hazelnut milk. Globally soy milk held the leading market share in terms of revenue as well as volume in 2015 and accounted for more than 40% of the global dairy alternatives market. However, almond milk is expected to witness maximum growth rate over the forecast period due to its increasing consumption in developed regions. By formulation, the dairy alternatives market is categorized into plain formulation and flavored formulation. Plain formulation of dairy free milk and milk based products are more popular among consumers as compared to flavored formulation of dairy alternatives.

According to a new market report published by Transparency Market Research entitled "Dairy Alternatives Market (Product Type -Soy Milk, Almond Milk, Rice Milk, Coconut Milk and Others; Formulation - Plain Formulation and Flavored Formulation; Application - Food and Beverages; Distribution - Large Retail, Small Retail, Specialty Stores and Online) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016 - 2024," in terms of revenue, the global dairy alternatives market was valued at US$8,220.0 Mn in 2015, and is expected to reach US$ 26,311.3Mnby 2024, expanding at a CAGR of 13.8% from 2016 to 2024.

Get Sample of Research Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=18290

Plain formulation of dairy alternatives is sub-segmented into plain sweetened formulation and plain unsweetened formulation. Flavored formulation of dairy alternatives is further segmented into flavored sweetened formulation and flavored unsweetened formulation. The global dairy alternatives market is also segmented based on application into food and beverages. Both in terms of revenue and volume, beverage application segment held the leading market share in the global dairy alternatives market and accounted for around two third of the market in 2015. Whereas, food application segment is projected to witness significant growth rate in the coming years due to large scale application of dairy alternatives in different food products such as dessert (ice cream, whipped cream, cheese cake and other sweets), snacks (yogurt and smoothies), cheese (cream cheese, sour cream, regular cheese) and spreads (butter and margarines) among others. On the basis of distribution, the dairy alternatives market is segmented into large retail, small retail, specialty stores and online. Among these above mentioned distribution channel types, large retail chain accounted the largest market share in 2015 and online sales is expected to register maximum growth both in terms of revenue and volume, over the forecast period.

On the basis of geography, the dairy alternatives market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Most of the market leaders of the dairy alternatives market have their headquarters in North America and Asia Pacific.

Browse Research PR: http://www.transparencymarketresearch.com/pressrelease/dairy-alternatives-market.htm

Regionally, Asia Pacific is projected to be the dominant regional market for dairy alternatives in terms of revenue as well as volume, accounting for over 50% of the market in 2015. In addition to this, this region is expected to be the most attractive market for dairy alternatives in terms of future growth potential. Asia Pacific was followed by North America and Europe. Increase in disposable income coupled with huge population in China and India is anticipated to boost the dairy alternatives market in Asia Pacific in the coming years.

Regionally, North America had the second leading market share for dairy alternatives in terms of revenue as well as volume in 2015. The U.S. and Canada were the leading manufacturers and consumers of dairy alternatives in this region in 2015. In North America, demand for soy milk has been declining in past few years and they are shifting from soy milk to other dairy alternatives such as almond milk and coconut milk because they consider these dairy free milk types are better in taste and content lower calorie.

Europe had the third leading market share for dairy alternatives in 2015. The Germany and the U.K. were the leading manufacturers and consumers of dairy alternatives in this region in 2015. The increase in the consumption and use of almond milk is driving the dairy alternatives market in this region.

The dairy alternatives market in Middle East &Africa (MEA) is expected to witness steady growth during the forecast period. South Africa accounted for the maximum market share for dairy alternatives in MEA. Adoption of healthier lifestyles is likely to drive the market in this region.

The dairy alternatives market in Latin America is an emerging one owing to the increased demand for low calorie dairy free milk and milk based products among lactose intolerant consumers, vegans and health conscious people. Brazil accounted for the largest market share for dairy alternatives.

Some of the major players in the dairy alternatives market are Archer Daniels Midland Company, E. I. du Pont de Nemours and Company, Blue Diamond Growers, Daiya Foods Inc., SunOpta, Inc., The Hain Celestial Group, Inc., Earth's Own Food Company, Inc., Eden Foods, Inc., Sanitarium Health and Wellbeing Company among others.

Browse Other Related Market Research Reports:  

  • Global Dairy Products Market: http://www.transparencymarketresearch.com/dairy-products-market.html
  • Dairy Blends Market: http://www.transparencymarketresearch.com/dairy-blends-market.html

Global Dairy Alternatives Market: By Product Type 

  • Soy Milk
  • Almond Milk
  • Rice Milk
  • Coconut Milk
  • Others

Global Dairy Alternatives Market: By Formulation 

  • Plain Formulation
    • Plain Sweetened Formulation
    • Plain Unsweetened Formulation
  • Flavored Formulation
    • Flavored Sweetened Formulation
    • Flavored Unsweetened Formulation

Global Dairy Alternatives Market: By Application 

  • Food
    • Dessert
    • Cheese
    • Snacks
    • Spreads
    • Others
  • Beverages

Global Dairy Alternatives Market: By Distribution 

  • Large Retail
  • Small Retail
  • Specialty Stores
  • Online

About TMR 

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.


Contact
Transparency Market Research
State Tower
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com


Website: http://www.transparencymarketresearch.com

Blog: http://www.editiontruth.com/

Modal title

Also from this source

Ultra-high Purity Anhydrous Hydrogen Chloride (HCl) Gas Market to Reach USD 5.7 Billion by 2031, Expanding at a CAGR of 5.4% | TMR Report

Ultra-high Purity Anhydrous Hydrogen Chloride (HCl) Gas Market to Reach USD 5.7 Billion by 2031, Expanding at a CAGR of 5.4% | TMR Report

Over the last year, several companies have announced new semiconductor fabrication sites, especially in the U.S., India, and Europe. These...

Silicon Metal Market Size Projected to Expand to USD 10.7 Billion by 2031 Exhibiting 5.1% CAGR: Transparency Market Research, Inc.

Silicon Metal Market Size Projected to Expand to USD 10.7 Billion by 2031 Exhibiting 5.1% CAGR: Transparency Market Research, Inc.

The market was valued at US$ 6.9 billion in 2022. The Silicon Metal Market Growth is estimated to reach US$ 10.7 billion by the end of 2031,...

More Releases From This Source

Explore

Food & Beverages

Food & Beverages

Beverages

Beverages

Non-Alcoholic Beverages

Non-Alcoholic Beverages

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.