MarkNtel Advisors recently published a report, titled, ” Global Plant-based Dairy Market Plant-based Dairy Market Report – By Product Type (Plant-based Milk, Soy Drinks, Almond, Coconut, Oat, Rice, Others (Blends, etc.)], Plant-based Yoghurt, Plant-based Cheese, Others), By End Users (B2B [HoReCa, Snacks & Savoury, Bakery & Confectionary], Food Service [HoReCa], Retail Users), By Sales Channel (Supermarkets, Hypermarkets, Local Grocery Stores, Online, Others), By Ingredients (Plant-based Acidulants, Plant-based Botanicals, Plant-based Carotenoids, Vegetable Oils, Polysaccharides & Oligosaccharides, Plant-based Sweeteners, Other. As per as the report The Global Plant-based Dairy Market size is estimated to grow at a CAGR of around 9.1% during the forecast period, i.e., 2024-30.
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Global Plant-based Dairy Market Opportunity:
Shifting Consumer Inclination Towards Veganism to open New Avenues – Veganism has seen an enormous rise in adoption in recent years, with more and more people adopting a vegan lifestyle. The rising health concerns, climate change, sustainability issues, animal welfare, etc., are the most prominent reasons influencing individuals to opt for minimal animal-derived products.
The increasing vegan population across the globe has surged the demand for dairy alternatives. As more people adopt vegan or plant-based diets for ethical, environmental, and health reasons, there is a growing demand for dairy alternatives, which is expected to create immense opportunities for the Plant-based Dairy Market in the future years.
Leading Companies in Global Plant-based Dairy Market:
Danone, Groupe, Hebei Yangyuan Zhihui Beverage Co Ltd, Cereal Base CEBA AB, Coconut Palm Group Co Ltd, Blue Diamond Growers, Vitasoy International Holdings Ltd, Wanxiang Sannong Co Ltd, The Coca-Cola Co., Fujian Dali Food Co Ltd, Kikkoman Corp, Lactasoy Co Ltd, Califia Farms LP, Green Spot Co Ltd, Dr Chung’s Food Co Ltd, Marusanai Co Ltd, Others.
Global Plant-based Dairy Market Segmentation:
By Product Type- Market Size & Forecast 2019-2030, USD Million
-Plant-based Milk
-Soy Drinks
-Almond
-Coconut
-Oat
-Rice
-Others (Blends, etc.)
-Plant-based Yoghurt
-Plant-based Cheese
-Others
By End Users- Market Size & Forecast 2019-2030, USD Million
-B2B
-HoReCa
-Snacks & Savoury
-Bakery & Confectionary
-Food Service
-HoReCa
-Retail Users
By Sales Channel- Market Size & Forecast 2019-2030, USD Million
-Supermarkets
-Hypermarkets
-Local Grocery Stores
-Online
-Others
By Ingredients- Market Size & Forecast 2019-2030, USD Million
-Plant-based Acidulants
-Plant-based Botanicals
-Plant-based Carotenoids
-Vegetable Oils
-Polysaccharides & Oligosaccharides
-Plant-based Sweeteners
-Other Commodities (Water, Cereals, Juices, etc.)
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By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific.
Key questions answered in the Global Plant-based Dairy Market are:
•What is Global Plant-based Dairy Market?
•What was the market size in 2023?
•What is the growth rate of the Global Plant-based Dairy Market?
•Which are the factors expected to drive the market growth?
•What are the different segments of the Global Plant-based Dairy Market?
•What segments are covered in the Market?
•Who are the key players in the Global Plant-based Dairy Market?
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