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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Dairy Alternatives Market is estimated to surpass USD 37.5 billion by 2025.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Dairy Alternatives Market is estimated to surpass USD 37.5 billion by 2025."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Dairy Alternatives Market is estimated to surpass USD 37.5 billion by 2025

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Dairy Alternatives Market size is estimated to surpass USD 37.5 billion by 2025; according to a new research report by Global Market Insights, Inc.  The growing demand for dairy-free products across various end-use industries such as cheese, desserts, snacks, and beverages are steering the industry growth. Increasing intake of dairy alternatives by vegan population coupled with rise in patients suffering from lactose intolerance, milk allergies, and calorie concerns will bolster the product adoption in beverage applications.  Increasing penetration of dairy alternatives in beverages owing to several benefits offered such as improved nutritional content will fuel the business development. The shift from conventional dairy products such as cow milk to nuts and legume-based milk products along with rising consumer concerns for maintaining a healthy diet are the key factors influencing the business dynamics.  The beverage segment dominates the industry and anticipated to reach around USD 33 billion in 2025. The growing trend of utilizing plant-based product content in a beverage for people suffering from milk allergy, lactose intolerance, and phenylketonuria will fuel the business growth. Key Insights from Dairy Alternatives Market

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Regulatory agencies such as EDA, USDA, FAO, USFDA, EC, etc. undertook initiatives such as awareness campaigns to promote the need for maintaining healthy diet and lifestyle owing to increasing instances of diseases related to lactose tolerance and nutrition deficiency.  Manufacturers are focusing on the adoption of sustainable practices such as optimizing their network with farmers, energy & waste management, and the utilization of industry by- products as raw materials. They are also developing products in line with stringent regulations of governing bodies, thereby aiding product growth over the forecast timeline.  The global dairy alternatives market is highly competitive owing to the presence of a few dominating companies including Whitewave Foods, Hain Celestial Group, Inc., Blue Diamond Growers, SunOpta Inc., New Barn. Other prominent players in the industry include Triballat Noyal, Califia Farms, Valsoia S.p.A, Freedom Foods, and Pacific Foods. Strategic initiatives such as new product launches, geographical expansions, R&D investments, and mergers & acquisitions help the industry participants explore the untapped business potential. Industry players resort to supply chain agreements with dealers and distributors to ensure efficient flow of products. Continued...

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com North America Almond Based Dairy Alternatives Market, By Application, 2018 & 2025, (USD Million)

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Dairy Alternatives Market @ http://bit.ly/2PqGWy6 http://bit.ly/2PqGWy6 Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/2451 https://www.gminsights.com/request-sample/detail/2451 https://www.gminsights.com https://www.gminsights.com/request- sample/detail/49

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