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.
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
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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:-
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
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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