Key Findings
- Rising consumers’ environmental concerns which
are positively influencing an increase in the adoption of dairy
alternatives in North America.
- 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.
·
The many nutritional benefits offered by the plant-based dairy
alternatives is helping these to an increase in their acceptance among many
health-conscious individuals and is driving the growth of the market.
Rising Consumers’ Environmental Concerns Across Countries:
Rising
consumers’ environmental concerns are positively influencing an increase in the
adoption of dairy alternatives in North America. Dairy alternatives typically
use less land, water to produce vegan milks, and has 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.
Rising Prevalence of Lactose Intolerance: 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. As per available data, in the U.S., the 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%.
Nutritional Benefits offered by the Plant-Based Dairy
Alternatives: Plant-based dairy
alternatives typically contain components, such as dietary fibers, unsaturated
fatty acids, minerals, vitamins, and antioxidants, which help in minimizing a
variety of health issues. Dairy-alternative milks typically have fewer
calories, less fat (except for coconut-based milk), more water content for
better hydration, less protein (except soy), and some are equipped with
additional vitamins and nutrients. Plant-based milks are ideal for someone who
is vegan, lactose intolerant, allergic to milk, suffering from cardiovascular
dysfunctions, or following their cholesterol intake for such reasons. All these
benefits are helping the market to grow as more and more people are shifting to
these products.
Analysts
at Ken Research in their latest 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” believe that the Dairy Alternatives market is expected to
grow due to the many nutritional benefits offered by these products, rising
lactose intolerance among people and increased awareness among consumers for
these types of products.
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
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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
Major Dairy
Alternatives Product Companies in North America Mentioned in the Report:-
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
Notable
Emerging Dairy Alternatives Product Companies in North America Mentioned in the
Report:-
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
Vegan Foods Market
Veganism Market Sales
Plant-Based Foods Market
Plant-Based Milk Market
Milk-Derived Products Market
Lactose-Free Market
Lactose Intolerance Market
Dairy Alternatives Health Benefits
Dairy Alternatives Sources
Milk Substitutes Market
Plant-Based Milk Market
Food and Agricultural Organization
(FAO)
U.S. Dairy Export Council (USDEC)
American Gastroenterological
Association
Plant-Based Dairy Flavor and
Formulation Trends
Latest Technologies and Methods in
Dairy-Free Products
Gastrointestinal and Diabetic
Diseases
Organic Food and Beverages
Food Supplements Market
Dietary Supplements Market
Traditional Milk Vs Dairy-Free Milk
Nutrition Value in Dairy-Free
Products
Beneficial Functions of Plant-Based
Beverages
Low-Sugar and Low-Calorie Beverages
Market
Low-Sugar and Low-Calorie Products
Market
Organic Dairy Alternatives Market
Organic Dairy-Free Products Market
Plant-Based Sources Market
Dairy Milk Substitute Market
Flavored Dairy-Free Products Market
Flavored Dairy Alternatives Market
Flavored Plant-Based Beverages
Market
Flavored Vegan Milk Products Market
For More
Information on the research report, refer to below link:-
North
America Dairy Alternatives Market
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