Dairy alternatives are the food and beverages that can be utilized as the substitute for the dairy. Such are derived from plants and are considered a very health alternative to dairy. Soy milk, rice milk, and almond milk are among the most prominent choices for the dairy alternative around the North America Market.
In addition, the most proficient advantage of dairy alternatives is their lower carbon concentration as associated to the milk produced by the livestock. The effective growth in the incidences of the lactose intolerance is propelling the individuals to opt for the dairy-free products. As per the accessible data, by the age of 20, approximately 30 million American adults get some level of lactose intolerance. Not only has this, the effective augment in influence of veganism in countless regions, involving U.S. is propelling the requirement for the dairy alternative products, concluding in the steady growth of approximately 10% over the near few years. As per the accessible data, the plant-based milk is the greatest and fastest-increasing plant-based dairy alternative in the North America.
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In North America dairy alternatives Market are projected to observe the growth over the next five years, commonly propelling by the growing customers’ environmental concerns which are positively propelling an augment in the implementation of dairy alternatives in the North America. They typically utilize less land, water to introduce the vegan milks, and emit the lower carbon emission which assists in mitigating the effects of global warming and enhance the air quality.
The prominent growth in popularity of lactose-free products, involving milk among citizens is projected to boost the dairy alternatives market growth during the near period. Moreover, the significant growth in the health awareness among the customers, notably those who are unable to digest the lactose, has resulted in an augment in the consumption of lactose-free products as they typically assist in the absorption of calcium which benefits in building and repairing muscle cells/tissue.
However, the shortage of customer awareness concerning to the dairy-free products is one of the foremost challenges to the growth of the dairy alternatives market. The shortage of nutritional awareness is probable to be a concern for those who eat a healthy balanced diet and do not based solely on the milk as an imperative protein origin. The uninterrupted buy of dairy products by customers indicates that the portfolio of the dairy alternatives has yet to capture the potential consumer base.
Some key players in the North America Dairy Alternatives market are Danone, SunOpta Inc., Blue Diamond, Daiya Foods Inc., Oatly Inc., The Hain Celestial Group Inc., Sahmyook Food, Dairy Farmers of America, and Eden Foods Inc. These market players in the North America Dairy Alternatives market are proficiently working for keep maintaining the governing position, registering the great value of market share, ruling around the globe, generating the highest percentage of revenue and obtaining the competitive edge by analysing the strategies and policies of government as well as contenders, increasing the features and benefits of dairy alternatives, decreasing the associated prices of such, delivering the better customer satisfaction, spreading the awareness connected to the applications and advantages of diary alternatives, and implementing the policies of profit making and strategies of expansion.
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Furthermore, several producers of dairy alternatives have seen a proficient growth in the sale of dairy alternative products through the e-commerce platforms rather than retail stores in 2020 owing to the store closure around the regions.
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
Health and Wellness
Nutraceuticals Industry
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North America Dairy Alternatives Market By Geography and Major Countries
U.S.
Canada
Mexico
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.
Time Period Captured in the Report:-
Historical Period: 2017-2021
Forecast Period: 2022-2027F
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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
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