DUBLIN, Nov. 26, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/3q9rdg/dairy) has announced the addition of the "Dairy Alternatives Market by Type (Soy milk, Almond milk, Rice milk, Others), Formulation (Plain sweetened, Plain unsweetened, Flavored sweetened, Flavored unsweetened), Application (Food & Beverages) ,& by Region - Global Forecast to 2020" report to their offering.
The global market is projected to reach about USD 19.5 Billion by 2020, at a CAGR of 15.5% from 2015 to 2020.
The global dairy alternatives market has witnessed rise in demand for dairy-free food & beverage products from consumers who suffer from dairy allergies, lactose intolerance, and health conscious consumers. Globally, the rise in preference for vegan diet and growing health concerns has led to the large-scale adoption of dairy alternatives for various applications.
The dairy alternatives market is segmented on the basis of types into soy milk, almond milk, rice milk, and others. The market is segmented on the basis of formulations into plain sweetened, plain unsweetened, flavored sweetened, and flavored unsweetened. On the basis of applications, the market is segmented into food & beverages. The market is also segmented on the basis of regions into North America, Europe, Asia-Pacific, and Rest of the World (RoW); and has been further segmented on the basis of their key countries. This report includes market sizes in terms of value (USD million) and volume (KT).
The market for dairy alternatives is projected to grow as a result of the increasing use of dairy alternatives in different applications and rising opportunities in countries such as Japan and China due to rising population, high disposable income, and rising health consciousness among consumers. In 2014, the Asia-Pacific region was the largest market, and is projected to grow at the highest rate during the forecast period.
The dairy alternatives market is fragmented and competitive, with a large number of players operating at regional level. The key players in the market adopted new product launches and expansions as their preferred strategies.
Key players such as The Hain Celestial Group Inc. (U.S.), Blue Diamond Growers (U.S.), Daiya Foods Inc. (U.S.), Sunopta Inc. (Canada), Archer Daniels Midland Company (U.S.), The WhieWave Foods Company (U.S.), Freedom Foods Group Limited (Australia), Sanitarium Health & Wellbeing Company (Australia), Easrth's Own Food Company (Canada), Nutriops S.L. (Spain), Eden Foods, Inc. (U.S.) are profiled in this report.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Dairy Alternatives Market, by Type
8 Dairy Alternatives Market, by Formulation
9 Dairy Alternatives Market, by Application
10 Dairy Alternatives Market, by Brand
11 Dairy Alternatives Market, by Region
12 Competitive Landscape
13 Company Profiles
- Almond Breeze - Alpro - Archer Daniels Midland Company - Australia's Own Organic - Blue Diamond Growers - Daiya Foods Inc. - Dream - Earth's Own Food Company - Ecomil - Eden Foods, Inc. - Edensoy - Freedom Foods Group Ltd. - Nutriops S.L. - Pure - Ryza - Sanitarium Health & Wellbeing Company - Silk - So Good - So Nice - Sunopta Inc. - The Hain Celestial Group, Inc. - The Whitewave Foods Company
For more information visit http://www.researchandmarkets.com/research/3q9rdg/dairy
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SOURCE Research and Markets