Showing posts with label Dairy Beverage Market. Show all posts
Showing posts with label Dairy Beverage Market. Show all posts

Monday, October 20, 2014

North America Dairy Alternative Market is expected to grow at a CAGR of 13.0% by the end of 2018.

The North American dairy alternative market was valued at $2,451.6 million in 2013, to grow at a CAGR of 13.0% and reach $4,517.0 million by the end of 2018. It constitutes 35.7% of the global market.


Dairy alternatives include plant-based milk that is processed through cereals, nuts, etc. The market shows a significant growth due to increasing number of lactose-intolerants, milk allergies, vegans, etc. that are adopting a dairy-free diet. The market is projected to grow at a CAGR of 15% from 2013 to 2018. In 2012, the Asia-Pacific region dominated the dairy alternative beverages market. The key market players are introducing new products with different flavors, packaging, etc., and fortified products with DHA, calcium, etc., to avail different options in the market.

Browse through the market data tables, figures and detailed ToC on the “North America Dairy Alternative Market”.

Dairy alternatives are segmented into soy milk, almond milk, rice milk, and others, constituting 70.5%, 14.64 %, 7.9%, and 6.8% respectively, of the global dairy alternative market. This market is segmented and studied on the basis of ingredients and regions.

Dairy Alternative can be segmented by Ingredients, Geographies, SalesChannels, Companies, MacroIndicators, Types and Formulations. Ingredients of this market are Hydrocolloids, Natural Colors, Natural Flavors, Acidulants, Food & Beverage Texturants, Food & Beverage Sugars & its Substitutes, Food & Beverage Enzymes, Flavourant and Soy Protein.


Key players of Dairy Alternative Market are Blue Diamond Growers and Earth’s Own Food Company, which are increasing the market value of dairy alternatives in this region.This report contains a country-level analysis and its suitability for the production of a particular type of dairy alternatives. 

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