Global Dairy Alternatives Market Review and Forecasts 2019-2026
Bharat Book Bureau Provides the Trending Market Research Report on “Dairy Alternatives Market by Source, Application, Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026”under Food and beverages Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
Dairy Alternative based food and beverages are prepared from dairy-free milk, extracted from various plant-based sources. Lactose intolerant and vegan individuals are increasingly consuming dairy alternative based food and beverages. There are wide variety of food and beverages available in the market, prepared from milk, derived from sources such as almond, soy, rice, coconut, and others. Popularly consumed dairy alternative based products are milk, ice cream, cheese, butter, and others.
Increasing awareness about the benefits of dairy alternative products and growth in vegan population are the major factors boosting the demand for the dairy alternative based products. In addition, increasing health consciousness, rise in disposable income, and awareness towards chemical free products are factors positively affecting the market.
Higher cost compared to conventional milk and milk based products as well as prominence of low-cholesterol, and low-fat conventional milk and milk based products have emerged to be major challenges for the players operating in the market.
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Last Update : Mar 18, 2020
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