© 2018 Global Market Insights, Inc. USA. All Rights Reserved Dairy Alternatives Market Research Analysis and Industry Trends Report for

Global Market Scenario of Dairy Alternatives Industry:  Shifting consumer inclination toward vegan items owing to the rising health awareness will drive dairy alternatives market growth. Health conscious people have registered increased demand for flavored milks such as almond, soy, coconut, oats, hemp, and rice to improve their mineral and vitamin uptake. Manufactures are working to develop new flavors in plant- based ice-creams and frozen yogurts to gain a competitive edge, thereby contributing to a surge in dairy alternatives industry size.  Easy accessibility to raw materials due to substantial augmentation in manufacturing supplemented with low initial investments for startups have been resulting in an amplified competitive scenario in dairy alternatives market. As per SOPA, soy production globally has improved from almost 320 million metric tons in the year 2014 to about 361 million metric tons in the year Also, according to USDA, almond production worldwide has raised from about 1,069 thousand metric tons in 2014 to 1,285 thousand metric tons in  Major factors such as enhanced product flavor and taste and growing distribution network are likely to fuel dairy alternatives industry share growth in the times to come. The dairy alternatives market trends have also been influenced with the launch of latest products based on hemp, oats, almonds, and rice. © 2018 Global Market Insights, Inc. USA. All Rights Reserved

 Almond-based dairy alternatives market share is likely to experience fastest CAGR at about 8.5% over Increasing production of almonds to cater to the expanding demand and simultaneously intensifying consumer awareness concerning health advantages are impelling almond-based dairy alternatives industry size growth. Furthermore, almond milk offers benefits including greater daily suggested value for vitamin E and vitamin D, reduced cholesterol levels, and low-calorie content which will also help to expand dairy alternatives industry outlook.  Unsweetened dairy alternatives market forecast is anticipated to be rather positive through There has been an increase in the health conscious customer base worldwide on account of extensive knowledge that consumers have, pertaining to the usage of sweeteners, particularly in Europe and North America. Continue:- © 2018 Global Market Insights, Inc. USA. All Rights Reserved

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 A prominent Asia Pacific dairy alternatives market forecast claims that the industry size is predicted to observe the fastest growth at over 10% CAGR over , led by countries including India, China, Indonesia, and Japan. Lifestyle transformations towards healthy living and increasing consumer expenditures have also been fueling dairy alternatives industry share in the region. Soy-based dairy alternatives market is responsible for holding almost 65% of APAC industry share due to increasing soybean production in India and China. 360° Industry Analysis © 2018 Global Market Insights, Inc. USA. All Rights Reserved Request for

Competitive Analysis:  The global dairy alternatives industry share is likely to get spurt with a lot of regional and multinational companies such as Blue Diamond Growers, Danone, Valsoia S.P.A, Freedom Foods, Hain Celestial Group, Sunopta, and Pacific Foods. According to Global Market Insights Inc., dairy alternatives market size is predicted to surpass revenue valuation of $37.5 billion by the year © 2018 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry For Purchasing This

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