Global Dairy Alternatives Market Growth 2023-2029

Global Dairy Alternatives Market Growth 2023-2029

The global Dairy Alternatives market size is projected to grow from US$ 23540 million in 2022 to US$ 53060 million in 2029; it is expected to grow at a CAGR of 53060 from 2023 to 2029.

Global key players of dairy alternatives include Danone, Oatly, Vitasoy, Dali Foods Group and SunOpta ,etc. The top five players hold a share about 21%. Asia-Pacific is the region with the largest share, which has a share about 41%, followed by North America, with share about 26%. In terms of product, milk alternatives is the largest segment, with a share about 59%. And in terms of application, the largest application is retail, which has a share about 72%.

Dairy Alternative is a cruelty-free alternative. In addition to being more humane than cow’s milk, soy-, rice-, and nut-based milks and cheeses are generally lower in fat and calories and contain no cholesterol.

LPI (LP Information)' newest research report, the “Dairy Alternatives Industry Forecast” looks at past sales and reviews total world Dairy Alternatives sales in 2022, providing a comprehensive analysis by region and market sector of projected Dairy Alternatives sales for 2023 through 2029. With Dairy Alternatives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Dairy Alternatives industry.

This Insight Report provides a comprehensive analysis of the global Dairy Alternatives landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Dairy Alternatives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Dairy Alternatives market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Dairy Alternatives and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Dairy Alternatives.

This report presents a comprehensive overview, market shares, and growth opportunities of Dairy Alternatives market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Milk Alternatives
Butter Alternatives
Cheese Alternatives
Yogurt Alternatives
Ice Cream Alternatives
Others

Segmentation by application
Retail
Food Service

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Danone
Blue Diamond Growers
Oatly
Kikkoman Corporation
Califia Farms
Earth’s Own Food Company
Ezaki Glico
SunOpta
Blue Diamond Growers
Ventura Foods
Kerry Group
V V Food & Beverage Co.,Ltd.
Dali Foods Group
Vitasoy
Upfield
Miyoko’s Creamery
Naturli’ Foods
Jindilli Beverages (milkadamia)
Marusan-Ai Co. Ltd
Ripple Foods
Campbell Soup Company
Nutrisoya Foods
Elmhurst Milked Direct
Panos Brands
Melt Organic
Flora

Key Questions Addressed in this Report

What is the 10-year outlook for the global Dairy Alternatives market?

What factors are driving Dairy Alternatives market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Dairy Alternatives market opportunities vary by end market size?

How does Dairy Alternatives break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.