Hitherto mainstream diary alternatives such as soy, almond and coconut milks have enjoyed highest popularity amongst consumers. Innovation in the segment has witnessed consumer demand transitioning towards evolving alternative non-dairy bases such as pecan, quinoa, hazelnut, cashew and flax milks.
The report ?Global Dairy Alternatives Market (By Products - Soy Milk, Almond Milk & Rice Milk; By Application - Food & Beverage; By Region - North America, Asia Pacific & Europe) Market Outlook 2025? provides an in-depth analysis of global dairy alternatives market across major products such as Soy Milk, Almond Milk & Rice Milk and Applications such as Food & Beverages. Market outlook for dairy alternatives market overall as well as across various sub-segments has been provided for the period 2019-25. Regional analysis is done across major markets in North America, Asia Pacific and Europe.
The report provides comprehensive coverage on major industry drivers, restraints, and their impact on market growth during the forecast period. Furthermore, the study encompasses various market specific growth opportunities in global dairy alternatives market. The report has been segmented as following:-
Market Segments - Products
? Soy Milk
? Almond Milk
? Rice Milk
Market Segments - Application
? Food
? Beverage
Geographical Coverage
? North America
? Europe
? Asia Pacific
Key Vendors
? The Whitewave Foods Company
? The Hain Celestial Group, Inc.
? Archer Daniels Midland Company
? Blue Diamond Growers

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Dairy alternatives also known as plant-based milk is one of the emerging category of functional and specialty beverage across the world. These are fluids emanating from breakdown of plant material which is later extracted in water, followed by homogenization of such fluids. It is similar to cow?s milk in appearance and consistency. Dairy alternatives are broadly classified into five categories - cereal based, legume based, nut based, seed based and pseudo cereal based. Out of these, legume based soy milk enjoys highest popularity.
Dairy alternatives industry has been witnessing natural boom owing to various benefits over conventional dairy beverages. Growth of global dairy alternative market is fuelled by rising incidences of lactose intolerance, nutritional benefits of dairy alternatives, growing beverage industry and increasing disposable income. However, the market faces several challenges due to high price of products, regulatory hurdle and issues related to product contamination.
The report ?Global Dairy Alternatives Market (By Products - Soy Milk, Almond Milk & Rice Milk; By Application - Food & Beverage; By Region - North America, Asia Pacific & Europe) Market Outlook 2025? provides in-depth analysis of the current scenario, detailed market outlook of the global dairy alternative market with coverage on major products such as Soy Milk, Almond Milk & Rice Milk and Applications such as Food & Beverages. Future forecasts of dairy alternative market overall and across various sub-segments till 2025 is provided in the report. Furthermore, major industry players have been prudently analysed in the competitive landscape section of the report in order to provide key comparative insights.
Major industry players operating in the global dairy alternatives market include The Whitewave Foods Company, The Hain Celestial Group, Inc., Archer Daniels Midland Company and Blue Diamond Growers, among others. These players are profiled herein based on attributes such as business overview, product segments and financial analysis. It also compiles performance comparison of aforementioned companies and other leading companies in the segment based on various parameters in the competitive landscape section. In totality, the report provides detailed market analysis, with relevant forecasted data supported by key market dynamics. This information will be helpful in evaluating opportunities in global dairy alternatives market.