In East and Southeast Asia, where 90 percent of the population is estimated to be lactose-intolerant, the market penetration of lactose-free products is relatively low, due to the lack of awareness of the benefits associated with such products. Unlike the regular dairy beverages, they have low cholesterol and low fat content. Hence, the awareness among niche audience has led many vegans to opt for such products as they are concerned about growth related hormones and antibiotics found in the animalsâ€™ milk processed by dairy industry.
The soy milk and the other dairy alternative beverages market is growing as manufacturers are launching new products for specific customer segments. In the Asia-Pacific region, soy milk was initially bought as a soft drink. However, product innovations made it popular as a functional beverage and dairy alternative. The food manufacturers launched various soy milk forms to meet the increasing consumer demand for health beverages; pasteurized soy milk as dairy alternatives and novel flavours of soy drinks. Soy milk, rice milk, and so on, are widely consumed by consumers as a traditional beverage in the Asia-Pacific region.
Asia-Pacific, with over 4.3 billion citizens and a population with high lactose intolerance, has very few options of lactose-free products for adults. The Asian market is dominated by lactose free milk and milk for children, pregnant women and lactating mothers. This provides a wide scope for various lactose free products for the adult market to enhance the horizons in the Asia-Pacific market. Therefore, the Asian market is leading the market and expected to grow exponentially. For instance, China is expected to have an annual growth rate of 10 percent despite the fact that a large portion of the population disposable incomes are not yet sufficient for purchasing lactose free products, which are expensive compared to normal dairy products.
Considering the large lactose-intolerant population of Asia-Pacific region and the trend of wanting more confectioneries and healthy milk products, the dairy alternatives market is an under-tapped industry which manufacturers can consider exploring. The report contains a detailed, in-depth segmentation and analysis of the Asia-Pacific dairy alternative market for the forecast period of 2015 - 2020. The prominent players such as Danone SA, Alpina Productos Alimenticios SA and Le Groupe Lactalis are covered as well.
This Report Offers:
Market Definition for the specified topic along with identification of key drivers and restraints for the market
Market analysis for the Global dairy alternatives Market, with region specific assessments and competition analysis on a global and regional scale
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies, which can influence the market on a global and regional scale
Extensively researched competitive landscape section with profiles of major companies along with their share of markets
Identification and analysis of the Macro and Micro factors that affect the Global dairy alternatives market on both global and regional scale
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
Why Buy This Report?
For getting a comprehensive overview of the Global dairy alternative market
To gain wide ranging information about the major players in this industry and the strategies adopted by them
To gain an insight about the major countries/regions in which this industry is blooming and identify the regions which are untapped
1.1 Research methodology
1.2 Market Definition
2. Key Findings
3. Market Overview
3.2 Market Dynamics
3.3.1 Increase in lactose Intolerance and milk allergy
3.3.2 Nutritional values of plant based dairy alternatives
3.3.3 Changed lifestyle causing obesity and gastrointestinal problems
3.4.1 High pricing of dairy alternatives as compared to dairy based products
3.4.2 Lack of protein and cross contamination of raw materials
3.5.1 Innovative marketing practices and creating awareness
3.5.2 Increasing demand from developing countries
3.6 Porter Five Forces Analysis
3.6.1 Bargaining power of Suppliers
3.6.2 Bargaining power of Buyers
3.6.3 Degree of Competition
3.6.4 Threat of Substitution
3.6.5 Threat of new entrants
4. Market Segmentation
4.1 Dairy Aletrnatives Market , By type
4.1.1 Soy Milk
4.1.2 Almond Milk
4.1.3 Coconut Milk
4.1.4 Rice Milk
4.1.5 Others ( hemp milk ,oat milk , cashew milk , hazelnut milk)
4.2 Dairy Alternatives Market , By Application
4.3 Dairy Alternatives Market, By Formulation
4.3.1 Sweetened Products
126.96.36.199 Plain Formulation
188.8.131.52 Flavored Formulation
4.3.2 Unsweetened Products
184.108.40.206 Plain Formulation
220.127.116.11 Flavored Formulation
4.4 Dairy Alternatives Market, By sales channel
4.4.1 Super Markets
4.4.2 Convenience Store
4.4.4 Health Food Stores
4.4.5 others ( online stores , big chains consumption such as starbucks , dunkin donuts)
4.5 Dairy Alternatives Market ,By Region
4.5.1 South America
5. Competitive Landscape Overview
5.1 Market Share Analysis
5.2 Strategies by leading players
5.3 New Product Developments &Other Innovations
6. Company Profiles
6.1 Daiya Foods Inc.
6.2 Earth Own Food Company Inc.
6.3 Panos Brands LLC.
6.4 Eden Foods Inc.
6.5 Freedom Foods Group Ltd.
6.6 Blue Diamond Growers Inc.
6.7 The Hain Celestial Group Inc.
6.8 The WhiteWave Foods Company
6.9 Sanitarium Health & Wellbeing Company
6.10 Sunopta Inc.
6.11 Archer Daniels Midland Company
6.12 Nutriops S.L.