One trend in the market is increasing market exposure for dairy alternatives due to online retailing.
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The analysts forecast global dairy alternatives market to grow at a CAGR of 13.60% during the period 2017-2021.
The increasing popularity of e-commerce businesses worldwide has provided vendors with an opportunity to enhance their profit margins and revenues. Online and e-commerce channels support both business-to-consumer (B2C) and business-to-business (B2B) operations.
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According to the global dairy alternatives market report, one driver in the market is rising demand for almond milk. Over the past five years, almond milk has emerged out to be the fastest growing category in the dairy alternatives industry.
There has been a significant increase in new product launches featuring almond milk both in food as well as beverages. The almond milk market in the US has grown more than three folds during 2011-2015.
In 2016, the sales of almond milk in the US is nearly $1 billion. The sales of almond milk have surpassed the sales of soy milk in the UK.
In 2016, the sales of almond milk and its products in the UK was approximately $200 million.
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Major key players in the global dairy alternatives market: Blue Diamond Growers (BDG), CSC Brands, Danone, Sanitarium, SunOpta, Vitasoy International, Hain Celestial, PANOS brands, Earth's Own Food Company, Organic Valley, Freedom Foods, and Sanitarium.
Further, the global dairy alternatives market report states that one challenge in the market is cross contamination. The threat for cross contamination is high in the dairy alternatives industry as most of the vendors and manufacturers purchase or source the ingredients, raw materials, and commodities from third party suppliers.
Improper handling of these products during the logistics can lead to the contamination of raw materials and other ingredients. Contamination in beverages and food will affect the safety and quality of the products that could result in products being recalled or discarded, which, in turn, will adversely affect the reputation of vendors and customer confidence in the dairy alternatives sector.
Also, stringent rules and regulations imposed by governments to maintain the quality of daily alternatives can worsen the dairy alternatives industry.
Few Points from List of Exhibits:
Exhibit 1: Global Packaged Food and Beverages Market 2016
Exhibit 2: Global Plant-Based Packaged Food and Beverages Market 2016
Exhibit 3: Global Packaged Food and Beverages Market
Exhibit 4: Global Dairy Alternatives Market Characteristics
Exhibit 5: Market Segments
Exhibit 6: Global Dairy Alternatives Market Definition: Inclusion and Exclusion Checklist
Exhibit 7: Global Dairy Alternatives Market 2016 ($ Billions)
Exhibit 8: Validation Techniques Employed For Market Sizing 2016
Exhibit 9: Global Dairy Alternatives Market 2016-2021 ($ Billions)
Exhibit 10: Global Dairy Alternatives Market: Year-Over-Year (Yoy) Growth 2017-2021 (%)
Exhibit 11: Five Forces Analysis 2016
Exhibit 12: Five Forces Analysis 2021
Exhibit 13: Bargaining Power of Buyers
Exhibit 14: Bargaining Power of Suppliers
Exhibit 15: Threat of New Entrants
Exhibit 16: Threat of Substitutes
Exhibit 17: Threat of Rivalry
Exhibit 18: Market Condition - Five Forces
Exhibit 19: Global Daily Alternatives Market by Product 2016-2021 (%)
Exhibit 20: Global Daily Alternatives Market Comparison by Product