The global Milk Alternatives market was valued at US$ 9517.6 million in 2020 and is expected to reach US$ 16320 million by the end of 2027, growing at a CAGR of 7.5% during 2021-2027.
A “milk alternative” is any alternative liquid that replaces milk in a diet or recipe.
Almond milk may be all the rage these days, but it’s nothing new. In fact, almond milk has been around since the Middle Ages. A mixture of ground almond and water (so simple, you can make it at home!), almond milk is naturally low in calories. Almonds are high in vitamin E, manganese, selenium, magnesium, potassium, zinc, iron, fiber, phosphorous and boast the highest levels of calcium out of all the nuts. That’s quite the resumé! While other forms of milk need to be fortified with vitamins (including cow’s milk), almond milk is naturally chock full of nutrients. It is, however, also supplemented with calcium, but in doing so, it serves up more of the bone-building mineral than cow’s milk per serving!
Global Milk Alternatives Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Milk Alternatives Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Blue Diamond Growers, Dr Chung’ S Food, Earth’S Own Food, Eden Foods, Freedom Foods, Leche Pascual, Living Harvest Foods, Maeil Dairies, Nutriops, Oatly, Organic Valley, Pacific Natural Foods, Panos Brands, Pureharvest, Sanitarium Health & Wellbeing, Stremicks Heritage Foods, Sunopta, The Bridge, The Hain Celestial, The Whitewave Foods, Turtle Mountain, Vitasoy International Holdings, VVFB and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-milk-alternatives-market-outlook
Segment by Type
- Soy Milk
- Almond Milk
- Rice Milk
- Others
Segment by Application
- Hypermarkets/Supermarkets
- Convenience Stores
- Online Retail
- Others
Table of Content:
1 Milk Alternatives Market Overview
2 Milk Alternatives Market Competition by Manufacturers
3 Milk Alternatives Retrospective Market Scenario by Region
4 Global Milk Alternatives Historic Market Analysis by Type
5 Global Milk Alternatives Historic Market Analysis by Application
6 Key Companies Profiled
7 Milk Alternatives Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Milk Alternatives Market Dynamics
10 Global Milk Alternatives Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
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Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.