Dairy Alternatives market globally grow tremendously at a CAGR of about 13.60% by 2021

Dairy alternatives are referred predominantly as plant-based food and beverage products, which are processed from various types of nuts, cereals, and seeds.

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The beverage market segment based on dairy alternative products dominated the global dairy alternatives market in 2016. The beverage market segment primarily consists of soy milk, almond milk, coconut milk, rice milk, hemp milk, and other energy drinks. The food market segment based on dairy alternative products include cheese, yogurt, spreads, butter, confectionery and snacking varieties, and creamers.

Technavios analysts forecast the global dairy alternatives market to grow at a CAGR of 13.60% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global dairy alternatives market for 2017-2021. To calculate the market size, the report considers the revenues generated from various geographical regions and the sales data of the various major vendors operating in the global dairy alternatives market.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global Dairy Alternatives Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Blue Diamond Growers (BDG)
CSC Brands
Danone
Sanitarium
SunOpta
Vitasoy International

Other prominent vendors
Hain Celestial
PANOS brands
Earth's Own Food Company
Organic Valley
Freedom Foods
Sanitarium

Market driver
Rising demand for almond milk
For a full, detailed list, view our report

Market challenge
Cross contamination
For a full, detailed list, view our report

Market trend
Increasing market exposure for dairy alternatives due to online retailing
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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