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Dairy Alternatives Market, Consumption, Forecast, and Global Analysis - By Source, Regions and Companies

  • ID: 4450677
  • Report
  • Region: Global
  • 119 Pages
  • Renub Research
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The Dairy Alternatives Market is Anticipated to Cross USD 34 Billion by 2024 Growing With Double Digit CAGR

FEATURED COMPANIES

  • Blue Diamond Growers Inc.
  • Hain Celestial Group Inc.
  • Kikkoman
  • Organic Valley
  • SunOpta Inc.
  • WhiteWave Foods Company
  • MORE

The Dairy Alternatives Market is anticipated to cross USD 34 Billion by 2024 growing with double digit CAGR.

When we talk about dairy, what comes in our mind is traditional animal based milk. Dairy Alternatives is also called “Plant based Milk”. Plant based milk are for the people who can switch to the traditional based milk to plant based milk due to the growing awareness for lactose free food products. The range of Plant based milk can be of Coconut Milk, Soy Milk, Rice Milk, Almond Milk, and Hemp Milk.

Thereport studies the Global Market for Dairy Alternatives (plant-based milk) and Consumption. This 119 page report with 71 Figures provides an all-encompassing analysis of the key growth drivers and restraining factors, market and consumption trends, and their projections for the upcoming years.

The prospect of the report is increasing consumer focus on the healthy diet and nutritional values offered by the non dairy products such as low calories and high proteins and vitamins is probable to have great impact on the industry.

This report has also studied Dairy Alternatives market on the basis of its applications as Food and Beverages. On the basis of source, the market for Dairy Alternatives can be segmented into Almond Milk, Soy Milk, Rice Milk, and Others. Among the entire segment Soy Milk has the highest number of market share globally.

On average, two thirds of the world's adult populations are lactose-intolerant. In Asia and Africa the figure is approximately 90%. Accordingly, an increasing number of consumers are choosing non-dairy milk and products which are lactose-free.

Asia-Pacific region is leading the dairy alternatives market due to the growing number of vegan and lactose intolerant population in the region. On the basis of regional aspect the Dairy Alternatives market is segmented into North America, Asia-Pacific, Europe and Rest of World.

Some of the key players in the Global Market for Dairy Alternatives are Hain Celestial Group Inc., Organic Valley, WhiteWave Foods Company, Blue Diamond Growers Inc., SunOpta Inc., Freedom Foods Group Limited, Vitasoy International Holdings Limited and Kikkoman.
 
The report have been analyzed from 2 major viewpoints and further studied by 3 different perspectives.

1. Global Market for Dairy Alternatives

  • Source
  • Regions
  • Applications

2. Global Consumption for Dairy Alternatives

  • Source
  • Regions
  • Applications

Segmentation based on Source

1. Soy
2. Almond
3. Rice
4. Others

Segmentation based on Regions

1. North America
2. Asia-Pacific
3. Europe
4. Rest of the World

Segmentation based on Application

1. Food
2. Beverages

Company Analysis
 
1. WhiteWave Foods Company
2. Organic Valley
3. Hain Celestial Group Inc.
4. Blue Diamond Growers Inc.
5. SunOpta Inc.
6. Freedom Foods Group Limited
7. Vitasoy International Holdings Limited
8. Kikkoman

Key Benefits of the Report:

  • This report provides current market estimates and forecasts for the Dairy Alternatives Market
  • Detailed analysis of the key market segments such as source, geography and applications; provides a comprehensive understanding of the market
  • Dairy Alternatives Market (plant-based milk) - Growth Drivers and Challenges.
  • Key sustainability strategies adopted by market players
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Blue Diamond Growers Inc.
  • Hain Celestial Group Inc.
  • Kikkoman
  • Organic Valley
  • SunOpta Inc.
  • WhiteWave Foods Company
  • MORE

1. Executive Summary

2. Global Dairy Alternatives (Plant-Based Milk) Market

3. Global Dairy Alternatives (Plant-Based Milk) Volume

4. Market Share - Global Dairy Alternatives (Plant-Based Milk)
4.1 By Source - Soy Milk, Almond Milk, Rice Milk & Others
4.2 By Region - North America, Asia Pacific, Europe & ROW
4.3 By Application - Beverages & Food

5. By Source - Global Dairy Alternatives (Plant-Based Milk) Market
5.1 Soy Milk
5.2 Almond Milk
5.3 Rice Milk
5.4 Others

6. By Region - Global Dairy Alternatives (Plant-Based Milk) Market
6.1 North America
6.2 Asia Pacific
6.3 Europe
6.4 Rest of the World

7. By Application - Global Dairy Alternatives (Plant-Based Milk) Market
7.1 Food
7.2 Beverages

8. By Source - Global Dairy Alternatives (Plant-Based Milk) Volume
8.1 Soy Milk
8.2 Almond Milk
8.3 Rice Milk
8.4 Others

9. By Region - Global Dairy Alternatives (Plant-Based Milk) Volume
9.1 North America
9.2 Asia Pacific
9.3 Europe
9.4 Rest of World ROW

10. By Application - Global Dairy Alternatives (Plant-Based Milk) Volume
10.1 Food
10.2 Beverages

11. Companies Profile
11.1 WhiteWave Foods Company
11.1.1 Overview
11.1.2 Strategy
11.1.3 Merger / Acquisitions
11.1.4 Financial Insights
11.2 Organic Valley
11.2.1 Overview
11.2.2 Strategy
11.2.3 Financial Insights
11.3 Hain Celestial Group Inc.
11.3.1 Overview
11.3.2 Strategy
11.3.3 Merger / Acquisitions
11.3.4 Financial Insights
11.4 Blue Diamond Growers Inc.
11.4.1 Overview
11.4.2 Strategy
11.4.3 Financial Insights
11.5 SunOpta Inc.
11.5.1 Overview
11.5.2 Strategy
11.5.3 Merger / Acquisitions
11.5.4 Financial Insights
11.6 Freedom Foods Group Limited
11.6.1 Overview
11.6.2 Strategy
11.6.3 Financial Insights
11.7 Vitasoy International Holdings Limited
11.7.1 Overview
11.7.2 Strategy
11.7.3 Merger / Acquisitions
11.7.4 Financial Insights
11.8 Kikkoman
11.8.1 Overview
11.8.2 Strategy
11.8.3 Financial Insights

12. Dairy Alternatives (Plant-Based Milk) Market Drivers
12.1 Point No: 1
12.2 Point No: 2
12.3 Point No: 3
12.4 Point No: 4

13. Dairy Alternatives (Plant-Based Milk) Market Challenges
13.1 Point No: 1
13.2 Point No: 2

List of Figures
Figure 2-1: United States - Non-Dairy Milk Sales Growth is Outpacing Regular Milk (Percent), 2007 - 2015
Figure 2-2: Global Dairy Alternatives (Plant-Based Milk) Market (Billion US$), 2011 - 2017
Figure 2-3: Forecast for Global Dairy Alternatives (Plant-Based Milk) Market (Billion US$), 2018 - 2024
Figure 2-4: Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2011 - 2017
Figure 2-5: Forecast for Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2018 - 2024
Figure 3-1: By Source - Global Dairy Alternatives (Plant-Based Milk) Market Share (%), 2011 - 2017
Figure 3-2: By Source - Forecast for Global Dairy Alternatives (Plant-Based Milk) Market Share (%), 2018 - 2024
Figure 3-3: By Region - Global Dairy Alternatives (Plant-Based Milk) Market Share (%), 2011 - 2017
Figure 3-4: By Region - Forecast for Global Dairy Alternatives (Plant-Based Milk) Market Share (%), 2018 - 2024
Figure 3-5: By Application - Global Dairy Alternatives (Plant-Based Milk) Market Share (%), 2011 - 2017
Figure 3-6: By Application - Forecast for Global Dairy Alternatives (Plant-Based Milk) Market Share (%), 2018 - 2024
Figure 4-1: Soy Milk - Global Dairy Alternatives (Plant-Based Milk) Market (Billion US$), 2011 - 2017
Figure 4-2: Soy Milk - Forecast for Global Dairy Alternatives (Plant-Based Milk) Market (Billion US$), 2018 - 2024
Figure 4-3: Almond Milk - Global Dairy Alternatives (Plant-Based Milk) Market (Billion US$), 2011 - 2017
Figure 4-4: Almond Milk - Forecast for Global Dairy Alternatives (Plant-Based Milk) Market (Billion US$), 2018 - 2024
Figure 4-5: Rice Milk - Global Dairy Alternatives (Plant-Based Milk) Market (Million US$), 2011 - 2017
Figure 4-6: Rice Milk - Forecast for Global Dairy Alternatives (Plant-Based Milk) Market (Million US$), 2018 - 2024
Figure 4-7: Others - Global Dairy Alternatives (Plant-Based Milk) Market (Million US$), 2011 - 2017
Figure 4-8: Others - Forecast for Global Dairy Alternatives (Plant-Based Milk) Market (Million US$), 2018 - 2024
Figure 5-1: North America - Global Dairy Alternatives (Plant-Based Milk) Market (Billion US$), 2011 - 2017
Figure 5-2: North America - Forecast for Global Dairy Alternatives (Plant-Based Milk) Market (Billion US$), 2018 - 2024
Figure 5-3: Asia Pacific - Global Dairy Alternatives (Plant-Based Milk) Market (Billion US$), 2011 - 2017
Figure 5-4: Asia Pacific - Forecast for Global Dairy Alternatives (Plant-Based Milk) Market (Billion US$), 2018 - 2024
Figure 5-5: Europe - Global Dairy Alternatives (Plant-Based Milk) Market (Billion US$), 2011 - 2017
Figure 5-6: Europe - Forecast for Global Dairy Alternatives (Plant-Based Milk) Market (Billion US$), 2018 - 2024
Figure 5-7: ROW - Global Dairy Alternatives (Plant-Based Milk) Market (Billion US$), 2011 - 2017
Figure 5-8: ROW - Forecast for Global Dairy Alternatives (Plant-Based Milk) Market (Billion US$), 2018 - 2024
Figure 6-1: Food - Global Dairy Alternatives (Plant-Based Milk) Market (Billion US$), 2011 - 2017
Figure 6-2: Food - Forecast for Global Dairy Alternatives (Plant-Based Milk) Market (Billion US$), 2018 - 2024
Figure 6-3: Beverages - Global Dairy Alternatives (Plant-Based Milk) Market (Billion US$), 2011 - 2017
Figure 6-4: Beverages - Forecast for Global Dairy Alternatives (Plant-Based Milk) Market (Billion US$), 2018 - 2024
Figure 7-1: Soy Milk - Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2011 - 2017
Figure 7-2: Soy Milk - Forecast for Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2018 - 2024
Figure 7-3: Almond Milk - Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2011 - 2017
Figure 7-4: Almond Milk - Forecast for Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2018 - 2024
Figure 7-5: Rice Milk - Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2011 - 2017
Figure 7-6: Rice Milk - Forecast for Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2018 - 2024
Figure 7-7: Others - Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2011 - 2017
Figure 7-8: Others - Forecast for Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2018 - 2024
Figure 8-1: North America - Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2011 - 2017
Figure 8-2: North America - Forecast for Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2018 - 2024
Figure 8-3: Asia Pacific - Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2011 - 2017
Figure 8-4: Asia Pacific - Forecast for Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2018 - 2024
Figure 8-5: Europe - Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2011 - 2017
Figure 8-6: Europe - Forecast for Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2018 - 2024
Figure 8-7: ROW - Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2011 - 2017
Figure 8-8: ROW - Forecast for Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2018 - 2024
Figure 9-1: Food - Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2011 - 2017
Figure 9-2: Food - Forecast for Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2018 - 2024
Figure 9-3: Beverages - Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2011 - 2017
Figure 9-4: Beverages - Forecast for Global Dairy Alternatives (Plant-Based Milk) Volume (Million Litres), 2018 - 2024
Figure 10-1: WhiteWave Foods Company - Financial Highlights (Billion US$), 2011 - 2017
Figure 10-2: WhiteWave Foods Company - Forecast for Financial Highlights (Billion US$), 2018 - 2024
Figure 10-3: Organic Valley - Financial Highlights (Million US$), 2011 - 2017
Figure 10-4: Organic Valley - Forecast for Financial Highlights (Million US$), 2018 - 2024
Figure 10-5: Hain Celestial Group Inc. - Financial Highlights (Billion US$), 2011 - 2017
Figure 10-6: Hain Celestial Group Inc. - Forecast for Financial Highlights (Billion US$), 2018 - 2024
Figure 10-7: Blue Diamond Growers Inc. - Financial Highlights (Million US$), 2011 - 2017
Figure 10-8: Blue Diamond Growers Inc. - Forecast for Financial Highlights (Million US$), 2018 - 2024
Figure 10-9: SunOpta - The Value Creation Plan
Figure 10-10: SunOpta Inc. - Financial Highlights (Million US$), 2011 - 2017
Figure 10-11: SunOpta Inc. - Forecast for Financial Highlights (Million US$), 2018 - 2024
Figure 10-12: Freedom Foods Group Limited - Financial Highlights (Million US$), 2011 - 2017
Figure 10-13: Freedom Foods Group Limited - Forecast for Financial Highlights (Million US$), 2018 - 2024
Figure 10-14: Vitasoy International Holdings Limited - Financial Highlights (Million US$), 2011 - 2017
Figure 10-15: Vitasoy International Holdings Limited - Forecast for Financial Highlights (Million US$), 2018 - 2024
Figure 10-16: Kikkoman - Financial Highlights (Billion US$), 2011 - 2017
Figure 10-17: Kikkoman - Forecast for Financial Highlights (Billion US$), 2018 - 2024
Figure 11-1: United Kingdom - Vegan People aged 15 or over
Figure 11-2: Australia - Lactose intolerance among Australian men and women, by age
Figure 12-1: Average price of a gallon of Conventional Milk and Non-Dairy Milk in USD

Note: Product cover images may vary from those shown
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  • Blue Diamond Growers Inc.
  • Freedom Foods Group Limited
  • Hain Celestial Group Inc.
  • Kikkoman
  • Organic Valley
  • SunOpta Inc.
  • Vitasoy International Holdings Limited
  • WhiteWave Foods Company
Note: Product cover images may vary from those shown
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In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

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