Dairy Substitutes Market Record A Y-O-Y Growth Of ~8% During The Period Of Forecast 2019 - 2029

1. Dairy Substitutes Market Record A Y-O-Y Growth Of ~8% During The Period Of Forecast 2019 - 2029 Overview According to a new study by TMR, the sales of dairy alternatives are estimated to go beyond 6 million metric tons in 2019, and record a Y-o-Y growth of ~8% during the period of forecast. Growth of the Dairy Substitutes market remains driven by a slew of aspects, which range from increased market demand for clean label products and changing regulations in the food and beverage industry, to growing awareness among consumers. Dairy Substitutes Market: Innovative Soy Milk Offerings Gain Demand with Novel Packaging Techniques Players in the Dairy Substitutes market are introducing unique Dairy Substitutes in the food and beverage landscape. According to NIH (National Institutes of Health), ~65% of the world population faces the issue of lactose intolerance. This is why manufacturers in the Dairy Substitutes market are innovating on alternatives such as soy milk with chickpea protein. To understand how our report can bring difference to your business strategy Ask for a brochure Dairy Substitutes Market: Plant-based Foods Trigger Sales Due to the growing demand from consumers for delicious plant-based foods, manufacturers are introducing the crunchy goodness of almonds and other toppings to bring innovation into the growing plant-based yogurt space. For instance, in May 2019, Blue Diamond Growers — a California agricultural cooperative, announced the launch of Almond Breeze Almond milk Yogurt Alternative, a dairy substitute that is a new addition to its plant-based yogurt category. Global Dairy Substitutes Market: Segmentation Dairy Substitutes Market by Source Dairy Substitutes Market by Product Dairy Substitutes Market by Nature Dairy Substitutes Market by Sales Channel Dairy Substitutes Market by Region