The report titled publication “North America Dairy Alternatives Market Outlook and Forecast to 2027 - Driven by Rising Consumer Awareness, Prevalence of Lactose Intolerance, and Nutritional Benefits of Dairy Alternatives: Ken Research” provides a comprehensive analysis of the North America Dairy Alternatives Market. The report provides industry size basis revenue and value chain analysis, market segmentations based on Source, Application, Formulation, End user industries, competition benchmarking, COVID impact, future projections and trends, drivers & challenges. It also provides the market by Revenue of the major countries in the North America region and also provides the country level analysis based on the segments. It also provides inputs on major opportunities and potential strategies to gain from the market.
North America Dairy Alternatives Market Outlook,
Drivers and Challenges
The Dairy Alternatives market in
North America is expected to witness strong growth over the next five years,
primarily driven by the rising consumers’ environmental concerns which are positively
influencing an increase in the adoption of dairy alternatives in North America.
They typically use less land, water to produce vegan milks, and emit lower
carbon emissions which helps in mitigating the effects of global warming and
improve the air quality. As per available data, livestock accounts for nearly
15% of global greenhouse gas emissions, with the dairy industry holding the
largest share.
The increasing popularity of
lactose-free products, including milk among individuals is anticipated to boost
the dairy alternatives market growth in the forthcoming years. In addition, the
rising health awareness among consumers, notably those who are unable to digest
lactose, has resulted in an increase in the consumption of lactose-free
products as they typically help in the absorption of calcium which benefits in
building and repairing muscle tissue/cells. For instance, in the U.S as per
available data, volume of value-added milks, including lactose-free, non-dairy
milk, and organic milk increased ~15% in 2021 compared to the prior year, while
traditional milk volumes declined by ~7%.
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Key Segments Covered in North America Dairy Alternatives
Market:-
North America Dairy Alternatives Market By Source
Soy
Almond
Oats
Coconut
North America Dairy Alternatives Market By
Application
Milk
Cheese
Yoghurt
Ice Creams
North America Dairy Alternatives Market By
Formulation
Plain
Flavored
North America Dairy Alternatives Market By Type of End User Industry
Food & Beverages
Nutraceuticals, Health and Wellness
FMCG
North America Dairy Alternatives Market By
Geography and Major Countries
U.S.
Canada
Mexico
Key Target Audience
Non-Dairy
Products Manufacturers
Vegan
Dairy Products Manufacturers
Lactose-Free
Products Manufacturers
Raw
Material Suppliers for Non-Dairy Products
Potential
Investors in Plant-Based/Vegan Food and Beverages
Plant-based
Food & Beverages Distributors
Dairy
Alternatives Advocacy Groups
Time Period Captured in the Report:-
Historical Period: 2017-2021
Forecast Period: 2022-2027F
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Companies Mentioned:-
Key Competitors in North America Dairy Alternatives Market
Danone
SunOpta Inc.
Blue Diamond
Daiya Foods Inc.
Oatly Inc.
Sahmyook Food
Earth's Own Food Company Inc.
Pacific Foods of Oregon, LLC.
Eden Foods Inc.
Kite Hill
Emerging Dairy Alternatives Companies in North America
Miyoko’s Creamery
Betterland Foods
New Culture
Nuts for Cheese
Bettermoo(d)
BetterMilk Inc.
Heartbest
Sigma Alimentos
Key Topics Covered in the Report:-
Snapshot of North America Dairy Alternatives Industry
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of North America Dairy
Alternatives Market
Historic Growth of Overall North America Dairy Alternatives Market
and Segments
Competition Scenario of the Market and Key Developments of
Competitors
Porter’s 5 Forces Analysis of North America Dairy
Alternatives Industry
Overview, Product Offerings and SWOT Analysis of All the Key Competitors
Covid 19 Impact on the Overall North America Dairy
Alternatives Market
Future Market Forecast and Growth Rates of the Total North
America Dairy Alternatives Market and by Segments
Market Size of End User Industries with Historical CAGR and
Future Forecasts
Analysis of North America Dairy Alternatives Market in Major North
American Countries
PESTLE Analysis and Major Production / Consumption Hubs in
the Major Countries
Major Production/Supply and Consumption/Demand Hubs in Each
Major Country
Major Country-wise Historic and Future Market Growth Rates of
the Total Market and Segments
Overview of Notable Emerging North America Dairy Alternatives
Companies within Each Major Country
For More
Information on the research report, refer to below link:
North
America Dairy Alternatives Market
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