Plant-based Dairy Market: A Comprehensive Analysis Exploring Growth Opportunities by 2030

Plant-based Dairy Market A Dive from 9.1% CAGR in 2024-30| MarkNtel Advisors

MarkNtel Advisors has recently released an all-encompassing report on Plant-based Dairy market. The report thoroughly explores the present and future market scenarios, providing valuable insights into market size, share, and competitor segmentation. It also delivers an overview of manufacturers, regions, product categories, and application areas. This extensive research is designed to empower clients with the knowledge required to comprehend and capitalize on market trends for their business strategies.

Forecast 2024-30: Revealing Plant-based Dairy Market Insights and Analysis

The Plant-based Dairy Market size is estimated to grow at a CAGR of around 9.1% during the forecast period, i.e., 2024-30.

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Driving Innovation: Exploring the Plant-based Dairy Market and its Growth Challenge

Global Plant-based Dairy Market Challenge:

Allergies Associated with Plant-based Dairy Substitutes Impeding Market Growth – The plant-based dairy products are made from various sources such as soybean, coconut, walnuts, almonds, hazelnuts, hemp, cashews, and peas, among others. The allergic potential of these products depends on the type of plant-based ingredients used. Consumers across the globe are allergic to various products. Allergies to nuts, soybeans, etc., are the most common food allergies seen in individuals. For Instance, in 2022, according to the Food and Drug Administration (FDA), about 3% of people worldwide suffer from tree nuts allergies, including almonds, cashews, Brazil nuts, walnuts, and others.

Moreover, tree nut allergies are responsible for around 50% of anaphylaxis-related deaths. Hence, plant-based dairy products, like soybeans, nuts, and cereals, can cause significant allergic reactions in consumers, which might restrict the consumers who are prone to allergies to opting for such products, thus hampering Plant-based Dairy Market growth in the upcoming years.

Plant-based Dairy Market: Key Players

Califia Farms LP

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Green Spot Co Ltd

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Dr Chung’s Food Co Ltd

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Marusanai Co Ltd

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Get More Information On the Plant-based Dairy Market Report:   https://www.marknteladvisors.com/research-library/plant-based-dairy-market.html

Plant-based Dairy Market Segmentation Outline:

By Product Type

-Plant-based Milk

–Soy Drinks

–Almond

–Coconut

–Oat

–Rice

–Others (Blends, etc.)

-Plant-based Yoghurt

-Plant-based Cheese

-Others

By End Users

-B2B

–HoReCa

–Snacks & Savoury

–Bakery & Confectionary

-Food Service

–HoReCa

-Retail Users

By Sales Channel

-Supermarkets

-Hypermarkets

-Local Grocery Stores

-Online

-Others

By Ingredients

-Plant-based Acidulants

-Plant-based Botanicals

-Plant-based Carotenoids

-Vegetable Oils

-Polysaccharides & Oligosaccharides   

-Plant-based Sweeteners

-Other Commodities (Water, Cereals, Juices, etc.)

By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific

About MarkNtel Advisors

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.

We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfilled their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.

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