Dairy Alternatives Market is anticipated to cross USD 35 Billion by 2026

According to Renub Research analysis Renub Research Global Shrimp Market is expected to be US$ 24.1 Billion by 2026. by Export, Import, Value Chain Analysis & Forecast.
 
ROSWELL, Ga. - Feb. 10, 2020 - PRLog -- The demand of Plant-based or non-dairy milk alternative is growing at rapid pace as a specialty beverage across the globe. As having allergy through cow milk, lactose intolerance, calorie concern, the prevalence of hypercholesterolemia is growing. So, plant-based milk alternatives are a rising trend, which can serve as an affordable alternative for many people in developing countries and in places, where cow's milk supply is insufficient. According to Renub Research Dairy Alternatives Market is anticipated to cross USD 35 Billion by 2026.

However, the main constrains of this market is the high cost of Dairy Alternatives milk compared to conventional dairy and fluctuations in raw materials and the scarcity of raw materials provide a challenge in production and pricing of products. The range of Plant-based milk can be of Coconut Milk, Soy Milk, Rice Milk, Almond Milk, and Others. Soy Milk dominates the global Dairy Alternatives market. Almond Milk, Rice Milk & Coconut milk are also growing in the total global Dairy Alternatives market.

Renub Research report titled "Dairy Alternatives Market (https://www.renub.com/dairy-alternatives-market-consumpti...), Consumption, Global Forecast by Plant based Milk (Soy, Almond, Rice, Coconut, Others), Regions (North America, Asia Pacific, Europe, Rest of World) Companies (The Hain Celestial Group Inc., Blue Diamond Growers Inc., SunOpta Inc., Freedom Foods Group Ltd., Vitasoy International Holdings Ltd., Kikkoman)" studies the Global Market for Dairy Alternatives (plant-based milk) and Consumption.

Request a free sample copy of the report: https://www.renub.com/request-sample-page.php?gturl=dairy...

Soy Milk is dominates Dairy Alternative Market

Based on segment, the market for dairy alternatives (plant-based milk) is categorized into five segments:  Almond Milk, Rice Milk, Soy Milk, Coconut and Others. Soy Milk has the highest market share globally. Soy milk has grown in popularity because of increased awareness of soy's possibility in lowering the risk of heart disease.

Beverage Market is growing in the Global plant Based Milk Market

The report has also studied the Dairy Alternatives market based on its applications as Food & Beverages. In recent years, developments in plant-based products have led to newer products in the beverages sector.

Renub Research Infographic Zone: https://renubresearchinfographiczone.blogspot.com/

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