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Dairy Alternatives Market by Source (Soy, Almond, Rice and Other Sources), Application (Food, Beverages, Dairy-free Probiotic Drinks and Others), Distribution Channel (Large Retail, Small Retail, Specialty Stores and Online): Global Opportunity Analysis and Industry Forecast, 2019-2026

FO_196198
Pages: 196
Nov 2019 | 320 Views
 
Author(s) : Sumesh Kumar , Roshan Deshmukh
Tables: 85
Charts: 53
 

Dairy Alternatives Market Outlook - 2026

The dairy alternatives market size was valued at $13,021.0 million in 2018 and is estimated to reach $35,804.6 million by 2026, registering a CAGR of 13.6% from 2019 to 2026. In 2018, the Asia-Pacific region accounted for more than two-fifth of the share in the global market and is expected to grow at a CAGR of 14.5% throughout the forecast period. China is one of the prominent regions in the market that accounted for a sizeable share of the total market in 2018.

Dairy alternatives are food and beverages which can be used as a substitute for dairy. These food and beverages are derived from plants and are considered a very health alternative to dairy. Soy milk, rice milk, and almond milk are among the most popular choice for dairy alternative worldwide. Dairy alternatives is considered a healthy owing to presence of a number of essential vitamins and minerals. They are also low on fats, cholesterol and has zero concentration of lactose.

Dairy Alternatives Market

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Dairy Alternatives has been very popular in the mature and emerging market. This can be attributed to rise in the number of people allergic to dairy. Furthermore, growth in health awareness and increase in the disposable income has aided the dairy alternatives market growth. Moreover, introduction of additional healthy ingredients in by different market players are some other factors that further drive the growth of the market. However, fluctuating prices of raw materials and high cost of act as the major restraint for this market. On the contrary, growth in demand for dairy alternatives by vegan population and introduction of new flavor & variety of dairy alternatives is anticipated to provide growth opportunities for the dairy alternatives market.

The dairy alternatives market has been segmented based on source, application, distribution channel, Region. By source, the market is divided into soy, almond, rice, and other sources. On the basis of application, it is fragmented into food which includes spread, creamer, yogurt, tofu and others; and beverages which includes dairy alternative milk, dairy-free probiotic drinks and others. By distribution channel, it is categorized into Large retail, small retail, specialty store and online. Regionally, the dairy alternatives market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Dairy Alternatives Market
By Source

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The green almond milk segment would witness the fastest growth, registering a CAGR of 14.6% during the forecast.

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Based on the dairy alternatives market analysis by source, the soy segment generated the highest revenue in 2018 and is expected to remain dominant throughout the forecast period. This can be attributed to increasing demand for products with high vitamins, zinc, and iron for proper body health, in countries such as India and China. Moreover, increasing penetration of high nutrition and cholesterol free dairy alternative products is expected to increase the demand for soy in the countries such as U.S. However, the other sources segment is expected to grow at the highest CAGR throughout the forecast period owing to better taste, low cholesterol and low fat coupled with increasing demand for cholesterol free products by consumers in countries such as Canada is expected to unfold attractive opportunities for the dairy alternatives market.

Dairy Alternatives Market
By Application

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The Beverages segment would witness the fastest growth, registering a CAGR of 14.0% during the forecast.

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Based on the dairy alternatives market forecast, beverages segment was the most prominent segment accounting for maximum share in the global market. This can be attributed to increasing demand for plant-based chemical free milk by lactose intolerant population. However, the food segment is expected to witness notable growth, with a CAGR of 12.7% from 2019-2026

Dairy Alternatives Market
By Distribution Channel

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Online segment would witness the fastest growth, registering a CAGR of 14.8% during the forecast period.

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Based on the distribution channel, the large retail segment was the leading distribution channel with most of the dairy alternatives market share in 2018. This can be attributed to increasing adoption of large retail formats such as supermarket and hypermarket in both the mature and emerging markets. Moreover, the one stop solution provided by these retail formats makes it a very popular option for shopping for consumers. However, the online segment is expected to witness the fastest growth through the forecast period owing to rapid internet and smartphone penetration.

Dairy Alternatives Market
By Region

2026
Asia-Pacific 
North America
Europe
LAMEA

Asia-Pacific is the largest market growing at a CAGR of 14.5% from 2019-2026.

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By region, Asia-Pacific was the most prominent regional market in 2018. This can be attributed to increase in the trend of veganism and an increase in consumers’ awareness about health and fitness in the region.

The players in the dairy alternatives industry have adopted product launch and acquisition as their key development strategy to increase profitability, and to improve stance in the dairy alternatives market. The key players have also relied on business expansion to stay relevant in the global market. The key players profiled in the report include WhiteWave Foods Company, Blue Diamond Growers, SunOpta Inc., Earth’s Own Food Inc., Living Harvest Foods Inc., Kikkoman Corporation, Rebel Kitchen, Organic Valley, Panos Brands LLC, The Hain Celestial Group Inc., and Eden Foods Inc.

Key Benefits for Dairy Alternatives Market :

  • The report provides a quantitative analysis of the current dairy alternatives market trends, estimations, and dynamics of the market size from 2018 to 2026 to identify the prevailing opportunities.
  • Porter’s five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis and the market size and segmentation assists in determining the prevailing dairy alternatives market opportunities.
  • The major countries in each region are mapped according to their revenue contribution to the global market. 
  • The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the industry. 

Dairy Alternatives Market Segments:

By Source 

  • Soy 
  • Almond 
  • Rice 
  • Other Sources

By Application

  • Food
    • Spread
    • Creamer
    • Yogurt
    • Tofu
    • Others
  • Beverages
    • Dairy Alternative Milk
      • Soy Milk
      • Almond Milk
      • Rice Milk
      • Others
  • Dairy-free Probiotic Drinks
  • Others

By Distribution Channel

  • Large Retail 
  • Small Retail
  • Specialty Store
  • Online

By Region 

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Rest of LAMEA
 

CHAPTER 1:    INTRODUCTION

1.1.    Report description
1.2.    Key benefits for stakeholders
1.3.    Key market segments
1.4.    Research methodology

1.4.1.    Primary research
1.4.2.    Secondary research
1.4.3.    Analyst tools and models

CHAPTER 2:    EXECUTIVE SUMMARY

2.1.    Key findings

2.1.1.    Top impacting factors
2.1.2.    Top investment pockets

2.2.    CXO perspective

CHAPTER 3:    MARKET OVERVIEW

3.1.    Market definition and scope
3.2.    Key Forces Shaping Dairy Alternative Industry/Market

3.2.1.    High bargaining power of buyers
3.2.2.    Moderate bargaining power of suppliers
3.2.3.    High threat of new entrants
3.2.4.    High threat of substitution
3.2.5.    High intensity of competitive rivalry

3.3.    Market share analysis
3.4.    Value Chain Analysis

3.4.1.    Raw Material Suppliers
3.4.2.    Dairy Alternative Producers
3.4.3.    Distribution Platforms
3.4.4.    End Users

3.5.    Market dynamics

3.5.1.    Drivers

3.5.1.1.    Rising demand for plant-based milk
3.5.1.2.    Increase in disposable income
3.5.1.3.    Increasing awareness about benefits of dairy alternative products
3.5.1.4.    Growth in vegan population

3.5.2.    Restraints

3.5.2.1.    High price of dairy alternative milk
3.5.2.2.    Prominence of low cholesterol and low fat conventional milk

3.5.3.    Opportunities

3.5.3.1.    Increase in dairy allergic consumers
3.5.3.2.    Innovation in taste and flavor of dairy alternative beverages

CHAPTER 4:    DAIRY ALTERNATIVE MARKET, BY SOURCE

4.1.    Overview
4.2.    Soy

4.2.1.    Key market trends, growth factors and opportunities
4.2.2.    Market size and forecast, by region

4.3.    Almond

4.3.1.    Key market trends, growth factors, and opportunities
4.3.2.    Market size and forecast, by region

4.4.    Rice

4.4.1.    Key market trends, growth factors, and opportunities
4.4.2.    Market size and forecast, by region

4.5.    Other Sources

4.5.1.    Key market trends, growth factors, and opportunities
4.5.2.    Market size and forecast, by region

CHAPTER 5:    DAIRY ALTERNATIVE MARKET, BY APPLICATION

5.1.    Overview
5.2.    Food

5.2.1.    Key market trends, growth factors and opportunities
5.2.2.    Market size and forecast, by region

5.2.2.1.    Spread

5.2.2.1.1.    Key market trends, growth factors and opportunities
5.2.2.1.2.    Market size and forecast, by region

5.2.2.2.    Creamer

5.2.2.2.1.    Key market trends, growth factors and opportunities
5.2.2.2.2.    Market size and forecast, by region

5.2.2.3.    Yogurt

5.2.2.3.1.    Key market trends, growth factors and opportunities
5.2.2.3.2.    Market size and forecast, by region

5.2.2.4.    Tofu

5.2.2.4.1.    Key market trends, growth factors and opportunities
5.2.2.4.2.    Market size and forecast, by region

5.2.2.5.    Others

5.2.2.5.1.    Key market trends, growth factors and opportunities
5.2.2.5.2.    Market size and forecast, by region

5.3.    Beverage

5.3.1.    Key market trends, growth factors, and opportunities
5.3.2.    Market size and forecast, by region

5.3.2.1.    Dairy alternative milk

5.3.2.1.1.    Key market trends, growth factors, and opportunities
5.3.2.1.2.    Market size and forecast, by region
5.3.2.1.3.    Soy Milk

5.3.2.1.3.1.    Key market trends, growth factors, and opportunities
5.3.2.1.3.2.    Market size and forecast, by region

5.3.2.1.4.    Almond Milk

5.3.2.1.4.1.    Key market trends, growth factors, and opportunities
5.3.2.1.4.2.    Market size and forecast, by region

5.3.2.1.5.    Rice Milk

5.3.2.1.5.1.    Key market trends, growth factors, and opportunities
5.3.2.1.5.2.    Market size and forecast, by region

5.3.2.1.6.    Others

5.3.2.1.6.1.    Key market trends, growth factors, and opportunities
5.3.2.1.6.2.    Market size and forecast, by region

5.3.2.2.    Dairy-free probiotic drink

5.3.2.2.1.    Key market trends, growth factors, and opportunities
5.3.2.2.2.    Market size and forecast, by region

5.3.2.3.    Others

5.3.2.3.1.    Key market trends, growth factors, and opportunities
5.3.2.3.2.    Market size and forecast, by region

CHAPTER 6:    DAIRY ALTERNATIVE MARKET, BY DISTRIBUTION CHANNEL

6.1.    Overview
6.2.    Large Retail

6.2.1.    Key market trends, growth factors and opportunities
6.2.2.    Market size and forecast, by region

6.3.    Small Retail

6.3.1.    Key market trends, growth factors and opportunities
6.3.2.    Market size and forecast, by region

6.4.    Specialty stores

6.4.1.    Key market trends, growth factors and opportunities
6.4.2.    Market size and forecast, by region

6.5.    Online

6.5.1.    Key market trends, growth factors and opportunities
6.5.2.    Market size and forecast, by region

CHAPTER 7:    DAIRY ALTERNATIVE MARKET, BY REGION

7.1.    Overview
7.2.    North America

7.2.1.    Key market trends, growth factors and opportunities
7.2.2.    Market size and forecast, by source
7.2.3.    Market size and forecast, by application
7.2.4.    Market size and application, by distribution channel
7.2.5.    Market size and forecast, by country
7.2.6.    U.S.

7.2.6.1.    Market size and forecast

7.2.7.    Canada

7.2.7.1.    Market size and forecast

7.2.8.    Mexico

7.2.8.1.    Market size and forecast

7.3.    Europe

7.3.1.    Key market trends, growth factors and opportunities
7.3.2.    Market size and forecast, by source
7.3.3.    Market size and forecast, by application
7.3.4.    Market size and forecast, by distribution channel
7.3.5.    Market size and forecast, by country
7.3.6.    UK

7.3.6.1.    Market size and forecast

7.3.7.    Germany

7.3.7.1.    Market size and forecast

7.3.8.    France

7.3.8.1.    Market size and forecast

7.3.9.    Rest of Europe

7.3.9.1.    Market size and forecast

7.4.    Asia-Pacific

7.4.1.    Key market trends, growth factors and opportunities
7.4.2.    Market size and forecast, by source
7.4.3.    Market size and forecast, by application
7.4.4.    Market size and forecast, by distribution channel
7.4.5.    Market size and forecast, by country
7.4.6.    China

7.4.6.1.    Market size and forecast

7.4.7.    Japan

7.4.7.1.    Market size and forecast

7.4.8.    Rest of Asia-Pacific

7.4.8.1.    Market size and forecast

7.5.    LAMA

7.5.1.    Key market trends, growth factors and opportunities
7.5.2.    Market size and forecast, by source
7.5.3.    Market size and forecast, by application
7.5.4.    Market size and forecast, by distribution channel
7.5.5.    Market size and forecast, by country
7.5.6.    Latin America

7.5.6.1.    Market size and forecast

7.5.7.    Rest of LAMA

7.5.7.1.    Market size and forecast

CHAPTER 8:    COMPANY PROFILES

8.1.    BLUE DIAMOND GROWERS

8.1.1.    Company overview
8.1.2.    Key Executive
8.1.3.    Company snapshot
8.1.4.    Product portfolio
8.1.5.    Business performance
8.1.6.    Key strategic moves and developments
8.1.7.    SWOT Analysis

8.2.    EARTH’S OWN FOOD COMPANY INC.

8.2.1.    Company overview
8.2.2.    Key Executive
8.2.3.    Company snapshot
8.2.4.    Product portfolio
8.2.5.    SWOT Analysis

8.3.    HAIN CELESTIAL GROUP, INC.

8.3.1.    Company overview
8.3.2.    Key Executive
8.3.3.    Company snapshot
8.3.4.    Operating business segments
8.3.5.    Product portfolio
8.3.6.    R&D Expenditure
8.3.7.    Business performance
8.3.8.    Key strategic moves and developments
8.3.9.    SWOT Analysis

8.4.    LIVING HARVEST FOODS INC.

8.4.1.    Company overview
8.4.2.    Key Executive
8.4.3.    Company snapshot
8.4.4.    Operating business segments
8.4.5.    Product portfolio
8.4.6.    SWOT Analysis

8.5.    PANOS BRANDS LLC (KONINKLIJKE WESSANEN N.V.)

8.5.1.    Company overview
8.5.2.    Key Executive
8.5.3.    Company snapshot
8.5.4.    Operating business segments
8.5.5.    Product portfolio
8.5.6.    Business performance
8.5.7.    SWOT Analysis

8.6.    PASCUAL GROUP

8.6.1.    Company overview
8.6.2.    Key Executive
8.6.3.    Company snapshot
8.6.4.    Product portfolio
8.6.5.    SWOT Analysis

8.7.    SUNOPTA INC.

8.7.1.    Company overview
8.7.2.    Key Executive
8.7.3.    Company snapshot
8.7.4.    Operating business segments
8.7.5.    Product portfolio
8.7.6.    R&D Expenditure
8.7.7.    Business performance
8.7.8.    Key strategic moves and developments
8.7.9.    SWOT Analysis

8.8.    WHITEWAVE FOODS COMPANY INC. (DANONE)

8.8.1.    Company overview
8.8.2.    Key Executive
8.8.3.    Company snapshot
8.8.4.    Operating business segments
8.8.5.    Product portfolio
8.8.6.    R&D Expenditure
8.8.7.    Business performance
8.8.8.    Key strategic moves and developments
8.8.9.    SWOT Analysis

8.9.    Rebel Kitchen

8.9.1.    Company overview
8.9.2.    Company snapshot
8.9.3.    Product portfolio
8.9.4.    SWOT Analysis

8.10.    Kikkoman Corporation

8.10.1.    Company overview
8.10.2.    Key Executive
8.10.3.    Company snapshot
8.10.4.    Operating business segments
8.10.5.    Product portfolio
8.10.6.    R&D Expenditure
8.10.7.    Business performance
8.10.8.    SWOT Analysis

LIST OF TABLES

TABLE 01.    DAIRY ALTERNATIVE MARKET, BY SOURCE, 2018-2026 ($MILLION)
TABLE 02.    DAIRY ALTERNATIVE MARKET REVENUE FOR SOY, BY REGION 2018–2026 ($MILLION)
TABLE 03.    DAIRY ALTERNATIVE MARKET REVENUE FOR ALMOND, BY REGION 2018–2026($MILLION)
TABLE 04.    DAIRY ALTERNATIVE MARKET REVENUE FOR RICE, BY REGION 2018–2026($MILLION)
TABLE 05.    DAIRY ALTERNATIVE MARKET REVENUE FOR OTHERS SOURCES, BY REGION 2018–2026($MILLION)
TABLE 06.    DAIRY ALTERNATIVE MARKET, BY APPLICATION, 2018-2026 ($MILLION)
TABLE 07.    DAIRY ALTERNATIVE MARKET REVENUE FOR FOOD, BY REGION 2018–2026 ($MILLION)
TABLE 08.    DAIRY ALTERNATIVE MARKET FOR SPREAD, BY REGION, 2018-2026 ($MILLION)
TABLE 09.    DAIRY ALTERNATIVE MARKET FOR CREAMER, BY REGION, 2018-2026 ($MILLION)
TABLE 10.    DAIRY ALTERNATIVE MARKET FOR YOGURT, BY REGION, 2018-2026 ($MILLION)
TABLE 11.    DAIRY ALTERNATIVE MARKET FOR TOFU, BY REGION, 2018-2026 ($MILLION)
TABLE 12.    DAIRY ALTERNATIVE MARKET FOR OTHERS, BY REGION, 2018-2026 ($MILLION)
TABLE 13.    DAIRY ALTERNATIVE MARKET REVENUE FOR BEVERAGE, BY REGION 2018–2026($MILLION)
TABLE 14.    DAIRY ALTERNATIVE MARKET FOR DAIRY ALTERNATIVE MILK, BY REGION 2018-2026 ($MILLION)
TABLE 15.    DAIRY ALTERNATIVE MARKET FOR SOY MILK, BY REGION 2018-2026 ($MILLION)
TABLE 16.    DAIRY ALTERNATIVE MARKET FOR ALMOND MILK, BY REGION 2018-2026 ($MILLION)
TABLE 17.    DAIRY ALTERNATIVE MARKET FOR RICE MILK, BY REGION 2018-2026 ($MILLION)
TABLE 18.    DAIRY ALTERNATIVE MARKET FOR OTHERS, BY REGION 2018-2026 ($MILLION)
TABLE 19.    DAIRY ALTERNATIVE MARKET FOR DAIRY-FREE PROBIOTIC DRINKS, BY REGION 2018-2026 ($MILLION)
TABLE 20.    DAIRY ALTERNATIVE MARKET FOR OTHERS, BY REGION 2018-2026 ($MILLION)
TABLE 21.    DAIRY ALTERNATIVE MARKET, BY DISTRIBUTION CHANNEL, 2018-2026 ($MILLION)
TABLE 22.    DAIRY ALTERNATIVE MARKET FOR LARGE RETAIL, BY REGION, 2018-2026 ($MILLION)
TABLE 23.    DAIRY ALTERNATIVE MARKET FOR SMALL RETAIL, BY REGION, 2018-2026 ($MILLION)
TABLE 24.    DAIRY ALTERNATIVE MARKET FOR SPECIALTY STORES, BY REGION, 2018-2026 ($MILLION)
TABLE 25.    DAIRY ALTERNATIVE MARKET FOR ONLINE, BY REGION, 2018-2026 ($MILLION)
TABLE 26.    DAIRY ALTERNATIVE MARKET REVENUE, BY REGION 2018–2026($MILLION)
TABLE 27.    NORTH AMERICA DAIRY ALTERNATIVE MARKET REVENUE, BY SOURCE 2018–2026($MILLION)
TABLE 28.    NORTH AMERICA DAIRY ALTERNATIVE MARKET REVENUE, BY APPLICATION 2018–2026($MILLION)
TABLE 29.    NORTH AMERICA DAIRY ALTERNATIVE MARKET REVENUE, BY DISTRIBUTION CHANNEL 2018–2026($MILLION)
TABLE 30.    NORTH AMERICA DAIRY ALTERNATIVE MARKET REVENUE, BY COUNTRY 2018–2026($MILLION)
TABLE 31.    EUROPE DAIRY ALTERNATIVE MARKET REVENUE, BY SOURCE 2018–2026($MILLION)
TABLE 32.    EUROPE DAIRY ALTERNATIVE MARKET REVENUE, BY APPLICATION 2018–2026($MILLION)
TABLE 33.    EUROPE DAIRY ALTERNATIVE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2018–2026($MILLION)
TABLE 34.    EUROPE DAIRY ALTERNATIVE MARKET REVENUE, BY COUNTRY 2018–2026($MILLION)
TABLE 35.    ASIA-PACIFIC DAIRY ALTERNATIVE MARKET REVENUE, BY SOURCE 2018–2026($MILLION)
TABLE 36.    ASIA-PACIFIC DAIRY ALTERNATIVE MARKET REVENUE, BY APPLICATION 2018–2026($MILLION)
TABLE 37.    ASIA-PACIFIC DAIRY ALTERNATIVE MARKET REVENUE, BY COUNTRY 2018–2026($MILLION)
TABLE 38.    ASIA-PACIFIC DAIRY ALTERNATIVE MARKET REVENUE, BY COUNTRY 2018–2026($MILLION)
TABLE 39.    LAMEA DAIRY ALTERNATIVE MARKET REVENUE, BY SOURCE 2018–2026($MILLION)
TABLE 40.    LAMEA DAIRY ALTERNATIVE MARKET REVENUE, BY APPLICATION 2018–2026($MILLION)
TABLE 41.    LAMEA DAIRY ALTERNATIVE MARKET REVENUE, BY DISTRIBUTION CHANNEL 2018–2026($MILLION)
TABLE 42.    LAMEA DAIRY ALTERNATIVE MARKET REVENUE, BY COUNTRY 2018–2026($MILLION)
TABLE 43.    BLUE DIAMOND GROWERS: KEY EXECUTIVES
TABLE 44.    BLUE DIAMOND GROWERS: COMPANY SNAPSHOT
TABLE 45.    BLUE DIAMOND GROWERS: PRODUCT PORTFOLIO
TABLE 46.    BLUE DIAMOND GROWERS: NET SALES, 2016–2018 ($MILLION)
TABLE 47.    EARTH’S OWN FOOD COMPANY INC.: KEY EXECUTIVES
TABLE 48.    EARTH’S OWN FOOD COMPANY INC.: COMPANY SNAPSHOT
TABLE 49.    EARTH’S OWN FOOD INC.: PRODUCT PORTFOLIO
TABLE 50.    HAIN CELESTIAL INC.: KEY EXECUTIVES
TABLE 51.    HAIN CELESTIAL INC.: COMPANY SNAPSHOT
TABLE 52.    HAIN CELESTIAL INC.: OPERATING SEGMENTS
TABLE 53.    HAIN CELESTIAL INC.: PRODUCT PORTFOLIO
TABLE 54.    HAIN CELESTIAL INC.: R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 55.    HAIN CELESTIAL INC.: NET SALES, 2016–2018 ($MILLION)
TABLE 56.    LIVING HARVEST FOODS INC.: KEY EXECUTIVES
TABLE 57.    LIVING HARVEST FOODS INC.: COMPANY SNAPSHOT
TABLE 58.    LIVING HARVEST FOODS INC.: OPERATING SEGMENTS
TABLE 59.    LIVING HARVEST FOODS INC.: PRODUCT PORTFOLIO
TABLE 60.    PANOS BRANDS LLC: KEY EXECUTIVES
TABLE 61.    PANOS BRANDS LLC: COMPANY SNAPSHOT
TABLE 62.    PANOS BRANDS LLC: OPERATING SEGMENTS
TABLE 63.    PANOS BRANDS LLC: PRODUCT PORTFOLIO
TABLE 64.    KONINKLIJKE WESSANEN N.V.: NET SALES, 2016–2018 ($MILLION)
TABLE 65.    PASCUAL GROUP: KEY EXECUTIVES
TABLE 66.    PASCUAL GROUP: COMPANY SNAPSHOT
TABLE 67.    PASCUAL GROUP: PRODUCT PORTFOLIO
TABLE 68.    SUNOPTA INC.: KEY EXECUTIVES
TABLE 69.    SUNOPTA INC.: COMPANY SNAPSHOT
TABLE 70.    SUNOPTA INC.: OPERATING SEGMENTS
TABLE 71.    SUNOPTA INC.: PRODUCT PORTFOLIO
TABLE 72.    WHITEWAVE FOODS COMPANY: KEY EXECUTIVES
TABLE 73.    WHITEWAVE FOODS COMPANY: COMPANY SNAPSHOT
TABLE 74.    WHITEWAVE FOODS COMPANY: OPERATING SEGMENTS
TABLE 75.    WHITEWAVE FOODS COMPANY: PRODUCT PORTFOLIO
TABLE 76.    DANONE: R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 77.    DANONE: NET SALES, 2016–2018 ($MILLION)
TABLE 78.    REBEL KITCHEN: COMPANY SNAPSHOT
TABLE 79.    REBEL KITCHEN: PRODUCT PORTFOLIO
TABLE 80.    KIKKOMAN CORPORATION: KEY EXECUTIVES
TABLE 81.    KIKKOMAN CORPORATION: COMPANY SNAPSHOT
TABLE 82.    KIKKOMAN CORPORATION: OPERATING SEGMENTS
TABLE 83.    KIKKOMAN CORPORATION: PRODUCT PORTFOLIO
TABLE 84.    KIKKOMAN CORPORATION: R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 85.    KIKKOMAN CORPORATION: NET SALES, 2016–2018 ($MILLION)

LIST OF FIGURES

FIGURE 01.    KEY MARKET SEGMENTS
FIGURE 02.    EXECUTIVE SUMMARY
FIGURE 03.    TOP IMPACTING FACTORS
FIGURE 04.    TOP INVESTMENT POCKETS
FIGURE 05.    MARKET SHARE ANALYSIS
FIGURE 06.    VALUE CHAIN ANALYSIS
FIGURE 07.    DRIVERS, RESTRAINTS AND OPPORTUNITIES
FIGURE 08.    DAIRY ALTERNATIVE MARKET, BY SOURCE, 2018
FIGURE 09.    DAIRY ALTERNATIVE MARKET, BY APPLICATION, 2018
FIGURE 10.    DAIRY ALTERNATIVE MARKET, BY DISTRIBUTION CHANNEL, 2018
FIGURE 11.    DAIRY ALTERNATIVE MARKET, BY COUNTRY, 2018(%)
FIGURE 12.    U.S. DAIRY ALTERNATIVE MARKET 2018-2026 ($MILLION)
FIGURE 13.    CANADA DAIRY ALTERNATIVE MARKET 2018-2026 ($MILLION)
FIGURE 14.    MEXICO DAIRY ALTERNATIVE MARKET 2018-2026 ($MILLION)
FIGURE 15.    UK DAIRY ALTERNATIVE MARKET 2018-2026 ($MILLION)
FIGURE 16.    GERMANY DAIRY ALTERNATIVE MARKET 2018-2026 ($MILLION)
FIGURE 17.    FRANCE DAIRY ALTERNATIVE MARKET 2018-2026 ($MILLION)
FIGURE 18.    REST OF EUROPE DAIRY ALTERNATIVE MARKET 2018-2026 ($MILLION)
FIGURE 19.    CHINA DAIRY ALTERNATIVE MARKET 2018-2026 ($MILLION)
FIGURE 20.    JAPAN DAIRY ALTERNATIVE MARKET 2018-2026 ($MILLION)
FIGURE 21.    REST OF ASIA-PACIFIC DAIRY ALTERNATIVE MARKET 2018-2026 ($MILLION)
FIGURE 22.    LATIN AMERICA DAIRY ALTERNATIVE MARKET 2018-2026 ($MILLION)
FIGURE 23.    REST OF LAMEA DAIRY ALTERNATIVE MARKET 2018-2026 ($MILLION)
FIGURE 24.    BLUE DIAMOND GROWERS: NET SALES, 2016–2018 ($MILLION)
FIGURE 25.    BLUE DIAMOND GROWERS: SWOT ANALYSIS
FIGURE 26.    EARTH’S OWN FOOD INC: SWOT ANALYSIS
FIGURE 27.    HAIN CELESTIAL INC.: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 28.    HAIN CELESTIAL INC.: NET SALES, 2016–2018 ($MILLION)
FIGURE 29.    HAIN CELESTIAL INC.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 30.    HAIN CELESTIAL INC.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 31.    HAIN CELESTIAL INC.: SWOT ANALYSIS
FIGURE 32.    LIVING HARVEST FOODS INC.: SWOT ANALYSIS
FIGURE 33.    KONINKLIJKE WESSANEN N.V.: NET SALES, 2016–2018 ($MILLION)
FIGURE 34.    KONINKLIJKE WESSANEN N.V.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 35.    KONINKLIJKE WESSANEN N.V.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 36.    PANOS BRANDS LLC: SWOT ANALYSIS
FIGURE 37.    PASCUAL GROUP: SWOT ANALYSIS
FIGURE 38.    SUNOPTA INC.: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 39.    SUNOPTA INC.: NET SALES, 2016–2018 ($MILLION)
FIGURE 40.    SUNOPTA INC.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 41.    SUNOPTA INC.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 42.    SUNOPTA INC.: SWOT ANALYSIS
FIGURE 43.    DANONE: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 44.    DANONE: NET SALES, 2016–2018 ($MILLION)
FIGURE 45.    DANONE: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 46.    DANONE: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 47.    WHITEWAVE FOODS COMPANY: SWOT ANALYSIS
FIGURE 48.    REBEL KITCHEN: SWOT ANALYSIS
FIGURE 49.    KIKKOMAN CORPORATION: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 50.    KIKKOMAN CORPORATION: NET SALES, 2016–2018 ($MILLION)
FIGURE 51.    KIKKOMAN CORPORATION: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 52.    KIKKOMAN CORPORATION: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 53.    KIKKOMAN CORPORATION: SWOT ANALYSIS

 
 

The dairy alternative market has witnessed a notable growth since the past few years. Developing countries such as India and China have witnessed an increasing demand in the dairy alternative market. The demand for innovative products is an important factor boosting the world dairy alternative market. The increase in demand for energy drinks is the major cause of market expansion in countries such as Brazil and Africa.

Almond milk is the fastest growing segment, followed by other sources such as coconut, hemp, oat, cashew nut, and hemp milk. Other sources segment is expected to face prominent growth in the global market, owing to consumers’ movement towards product with a new taste and a different flavor.

Leading companies in the dairy alternative market such as WhiteWave Foods Company, Sunopta Inc., and Hain Celestial Group have witnessed a significant growth in the past few years. Wide varieties of food and beverage products, launched by these players, have increased their overall consumer base. Moreover, other players operating in the market such as Panos Brands LLC, Living Harvest Foods Inc, Pascual Group, and others are expected to strengthen their product line with higher quality innovative products, to meet the increasing demands of the consumers. Players operating in the dairy alternatives market have focused on the development and launch of high-quality products, depending on the needs and preferences of consumers. They are regularly engaged in manufacturing of differentiated products with new taste, formulation, and flavor. Moreover, innovative marketing and positioning strategies of players have helped to increase the overall market size.

 

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