The global dairy alternatives market reached a value of US$ 16.5 Billion in 2019. Dairy alternatives refer to various food and beverages that are used as a substitute for animal-derived milk and milk-based products. These products are derived from plant-based sources, such as nuts and seeds and are a rich source of essential nutrients, such as calcium, vitamins, minerals, iron, potassium and magnesium. They also have minimal levels of fat and calories and are usually consumed by individuals suffering from lactose intolerance. Rice, coconut, cashew, oat, almond and soymilk are the commonly available dairy alternatives. They aid in weight management, maintaining a healthy nervous system, red blood cell (RBC) levels and brain functioning.
The increasing prevalence of chronic medical ailments, such as diabetes, cardiovascular (CVD) and gastrointestinal diseases, along with the growing number of people with lactose intolerance, is one of the key factors driving the growth of the market. Rising awareness regarding the benefits of consuming dairy alternatives is projected to drive the market further. In comparison to the traditionally used dairy products, these alternatives are easily digested and do not cause painful bloating and other gastric problems. Additionally, the emerging trend of veganism across the globe and various technological advancements in the production processes of these products, are also contributing to the market growth. For instance, manufacturers are utilizing ultra-high temperature (UHT) processing and enzymatic liquefaction processes to enhance the yield and nutritional content of the products. Other factors, including the availability of various sweetened, flavored and unsweetened variants, aggressive promotional activities by the manufacturers and rapid urbanization across the globe, are expected to drive the market in the upcoming years. Looking forward, IMARC Group expects the global dairy alternatives market to witness strong growth during 2020-2025.
Key Market Segmentation
Breakup by Source:
- Almond
- Soy
- Oats
- Hemp
- Coconut
- Rice
- Others
Breakup by Formulation:
Breakup by Nutrient:
- Protein
- Starch
- Vitamin
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Others
Breakup by Product Type:
- Cheese
- Creamers
- Yogurt
- Ice Creams
- Milk
- Others
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Blue Diamond Growers, Döhler GmbH, Earth’s Own Food Company, Eden Foods, Freedom Foods Group, Nutriops S.L., Organic Valley, Panos Brands, Sanitarium Health and Wellbeing Company, SunOpta Inc., The Hain Celestial, The Whitewave Foods Company, Triballat Noyal, Valsoia SpA., etc.
Key Questions Answered in This Report:
- How has the global dairy alternatives market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global dairy alternatives market?
- What is the breakup of the market based on the source?
- What is the breakup of the market based on the formulation?
- What is the breakup of the market based on the nutrient?
- What is the breakup of the market based on the distribution channel?
- What is the breakup of the market based on the product type?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global dairy alternatives market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Dairy Alternatives Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Source
6.1 Almond
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Soy
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Oats
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Hemp
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Coconut
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Rice
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Others
6.7.1 Market Trends
6.7.2 Market Forecast
7 Market Breakup by Formulation
7.1 Plain
7.1.1 Market Trends
7.1.2 Major Types
7.1.2.1 Sweetened
7.1.2.2 Unsweetened
7.1.3 Market Forecast
7.2 Flavored
7.2.1 Market Trends
7.2.2 Major Types
7.2.2.1 Sweetened
7.2.2.2 Unsweetened
7.2.3 Market Forecast
8 Market Breakup by Nutrient
8.1 Protein
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Starch
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Vitamin
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Distribution Channel
9.1 Supermarkets and Hypermarkets
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Convenience Stores
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Online Stores
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Product Type
10.1 Cheese
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Creamers
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Yogurt
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Ice Creams
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Milk
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Others
10.6.1 Market Trends
10.6.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
13.1 Overview
13.2 Inbound Logistics
13.3 Operations
13.4 Outbound Logistics
13.5 Marketing and Sales
13.6 End-Consumers
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Indicators
15.1 Key Price Indicators
15.2 Price Structure
15.3 Price Trends
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Blue Diamond Growers
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.2 Döhler GmbH
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.3 Earth’s Own Food Company
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.4 Eden Foods
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.5 Freedom Foods Group
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.6 Nutriops S.L.
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.7 Organic Valley
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.8 Panos Brands
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.9 Sanitarium Health and Wellbeing Company
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.10 SunOpta Inc.
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
16.3.10.4 SWOT Analysis
16.3.11 The Hain Celestial
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
16.3.11.4 SWOT Analysis
16.3.12 The Whitewave Foods Company
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.13 Triballat Noyal
16.3.13.1 Company Overview
16.3.13.2 Product Portfolio
16.3.16 Valsoia SpA
16.3.16.1 Company Overview
16.3.16.2 Product Portfolio
16.3.16.3 Financials
List of Figures
Figure 1: Global: Dairy Alternatives Market: Major Drivers and Challenges
Figure 2: Global: Dairy Alternatives Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Dairy Alternatives Market: Breakup by Source (in %), 2019
Figure 4: Global: Dairy Alternatives Market: Breakup by Formulation (in %), 2019
Figure 5: Global: Dairy Alternatives Market: Breakup by Nutrient (in %), 2019
Figure 6: Global: Dairy Alternatives Market: Breakup by Distribution Channel (in %), 2019
Figure 7: Global: Dairy Alternatives Market: Breakup by Product Type (in %), 2019
Figure 8: Global: Dairy Alternatives Market: Breakup by Region (in %), 2019
Figure 9: Global: Dairy Alternatives Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 10: Global: Dairy Alternatives (Almond) Market: Sales Value (in Million US$), 2014 & 2019
Figure 11: Global: Dairy Alternatives (Almond) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: Global: Dairy Alternatives (Soy) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: Global: Dairy Alternatives (Soy) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: Global: Dairy Alternatives (Oats) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: Global: Dairy Alternatives (Oats) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: Global: Dairy Alternatives (Hemp) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: Global: Dairy Alternatives (Hemp) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: Global: Dairy Alternatives (Coconut) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: Global: Dairy Alternatives (Coconut) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: Global: Dairy Alternatives (Rice) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: Global: Dairy Alternatives (Rice) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: Global: Dairy Alternatives (Other Sources) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: Global: Dairy Alternatives (Other Sources) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: Global: Dairy Alternatives (Plain) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: Global: Dairy Alternatives (Plain) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: Global: Dairy Alternatives (Flavored) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: Global: Dairy Alternatives (Flavored) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: Global: Dairy Alternatives (Protein) Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: Global: Dairy Alternatives (Protein) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: Global: Dairy Alternatives (Starch) Market: Sales Value (in Million US$), 2014 & 2019
Figure 31: Global: Dairy Alternatives (Starch) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 32: Global: Dairy Alternatives (Vitamin) Market: Sales Value (in Million US$), 2014 & 2019
Figure 33: Global: Dairy Alternatives (Vitamin) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 34: Global: Dairy Alternatives (Other Nutrients) Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: Global: Dairy Alternatives (Other Nutrients) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 36: Global: Dairy Alternatives (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2014 & 2019
Figure 37: Global: Dairy Alternatives (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: Global: Dairy Alternatives (Convenience Stores) Market: Sales Value (in Million US$), 2014 & 2019
Figure 39: Global: Dairy Alternatives (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 40: Global: Dairy Alternatives (Online Stores) Market: Sales Value (in Million US$), 2014 & 2019
Figure 41: Global: Dairy Alternatives (Online Stores) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 42: Global: Dairy Alternatives (Other Distribution Channels) Market: Sales Value (in Million US$), 2014 & 2019
Figure 43: Global: Dairy Alternatives (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 44: Global: Dairy Alternatives (Cheese) Market: Sales Value (in Million US$), 2014 & 2019
Figure 45: Global: Dairy Alternatives (Cheese) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 46: Global: Dairy Alternatives (Creamers) Market: Sales Value (in Million US$), 2014 & 2019
Figure 47: Global: Dairy Alternatives (Creamers) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 48: Global: Dairy Alternatives (Yogurt) Market: Sales Value (in Million US$), 2014 & 2019
Figure 49: Global: Dairy Alternatives (Yogurt) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 50: Global: Dairy Alternatives (Ice Creams) Market: Sales Value (in Million US$), 2014 & 2019
Figure 51: Global: Dairy Alternatives (Ice Creams) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 52: Global: Dairy Alternatives (Milk) Market: Sales Value (in Million US$), 2014 & 2019
Figure 53: Global: Dairy Alternatives (Milk) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 54: Global: Dairy Alternatives (Other Product Types) Market: Sales Value (in Million US$), 2014 & 2019
Figure 55: Global: Dairy Alternatives (Other Product Types) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 56: North America: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 57: North America: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 58: United States: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 59: United States: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 60: Canada: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 61: Canada: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 62: Asia Pacific: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 63: Asia Pacific: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 64: China: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 65: China: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 66: Japan: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 67: Japan: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 68: India: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 69: India: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 70: South Korea: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 71: South Korea: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 72: Australia: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 73: Australia: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 74: Indonesia: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 75: Indonesia: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 76: Others: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 77: Others: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 78: Europe: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 79: Europe: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 80: Germany: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 81: Germany: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 82: France: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 83: France: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 84: United Kingdom: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 85: United Kingdom: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 86: Italy: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 87: Italy: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 88: Spain: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 89: Spain: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 90: Russia: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 91: Russia: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 92: Others: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 93: Others: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 94: Latin America: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 95: Latin America: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 96: Brazil: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 97: Brazil: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 98: Mexico: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 99: Mexico: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 100: Others: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 101: Others: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 102: Middle East and Africa: Dairy Alternatives Market: Sales Value (in Million US$), 2014 & 2019
Figure 103: Middle East and Africa: Dairy Alternatives Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 104: Global: Dairy Alternatives Industry: SWOT Analysis
Figure 105: Global: Dairy Alternatives Industry: Value Chain Analysis
Figure 106: Global: Dairy Alternatives Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Dairy Alternatives Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Dairy Alternatives Market Forecast: Breakup by Source (in Million US$), 2020-2025
Table 3: Global: Dairy Alternatives Market Forecast: Breakup by Formulation (in Million US$), 2020-2025
Table 4: Global: Dairy Alternatives Market Forecast: Breakup by Nutrient (in Million US$), 2020-2025
Table 5: Global: Dairy Alternatives Market Forecast: Breakup by Distribution Channel (in Million US$), 2020-2025
Table 6: Global: Dairy Alternatives Market Forecast: Breakup by Product Type (in Million US$), 2020-2025
Table 7: Global: Dairy Alternatives Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 8: Global: Dairy Alternatives Market: Competitive Structure
Table 9: Global: Dairy Alternatives Market: Key Players