Dairy Alternatives Market By Application, Product and Formulation- Global Industry Analysis and Forecast to 2023
Published On : April 2018 Pages : 100 Category: Animal Feed and Feed Additives Report Code : FB04686
Industry Outlook and Trend Analysis
The Dairy Alternatives Market was worth USD 5.89 billion in 2017 and is expected to reach approximately USD 15.79 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 11.58% during the forecast period. Rising demand for dairy alternatives for the production of medical foods for lactose intolerance diseases, inferable from its lactose-free nature, is anticipated to drive the business development. The nutritious advantages offered by dairy alternative products, for example, high protein content, low cholesterol content, and the incorporation of the same in everyday food products by producers is anticipated to profit the market. Rising number of allergies related with non-vegan foods and the resultant changing dietary inclinations of consumers is expected to drive the interest for the product over the estimate time frame.
Product Outlook and Trend Analysis
The soy milk product portion represented 40.5% of the market share in 2017. Soy milk boosts the aversion of breast cancer and heart diseases, attributable to presence of valuable isoflavones in it. This factor has prompted its high prevalence among women, and has along these lines made it develop as the most astounding devoured non-dairy product. Almond milk is foreseen to be the quickest developing product fragment and is foreseen to rise at a tremendous CAGR over the figure time frame.
Formulation Outlook and Trend Analysis
Plain formulation section represented USD 5.39 billion in 2017, and is foreseen to develop at a significant CAGR over the conjecture time frame. Developing demand for the product in food & beverage applications for plain unsweetened snacks and desserts is anticipated to boost portion development over the estimate time frame. Flavoured formulation is foreseen to be the quickest developing section over the gauge time frame.
Application Outlook and Trend Analysis
Beverage is foreseen to develop as the quickest developing application portion over the gauge time frame. Developing demand for different nut based flavoured milk products, for example, cashew, walnut, and almond, is anticipated to profit the market development over the gauge period. Food application portion is foreseen to witness a consistent development rate by virtue of the expanding usage of dairy alternative based desserts, snacks and cheese.
Regional Outlook and Trend Analysis
Asia Pacific has ruled the dairy alternatives industry as far as income in 2017, and represented more than 49.7% of the market share around the same time. Rising customer awareness in regards to the dairy alternative products, changing purchaser dietary habits combined with rising discretionary income is foreseen to positively affect the business development. Europe dairy options showcase is required to advance at substantial growth rate over the figure time frame.
Competitive Insights
The leading players in the market are Nutriops S.L, Hain Celestial Group, SunOpta, Blue Diamond Growers, WhiteWave Foods, Eden Foods Inc, Archer Daniels Midland, Freedom Nutritional Products and Daiya. The market is described by the presence of major industry members concentrating on R&D to come up with improvised texture and taste of their dairy alternative product offerings. The industry is pooled by various makers and raw material providers, which have accordingly made the market, be highly competitive.
The Dairy Alternatives Market is segmented as follows-
By Product:
- Almond Milk
- Soy Milk
- Rice Milk
- Others
By Formulation:
- Flavoured
- Sweetened
- Unsweetened
- Plain
- Sweetened
- Unsweetened
By Application:
- Beverages
- Food
- Desserts
- Cheese
- Snacks
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Columbia
- South Africa
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Nigeria
- South Africa
- Rest of MEA
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2023?
- What will be the industry market growth from 2017 to 2023?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Market Classification
· Dairy Alternatives Market, By Application, Estimates and Forecast, 2014-2023($Billion)
o Food
§ Cheese
§ Desserts
§ Snacks
o Beverages
· Dairy Alternatives Market, By Product, Estimates and Forecast, 2014-2023($Billion)
o Soy Milk
o Almond Milk
o Rice Milk
o Other Products
· Dairy Alternatives Market, By Formulation, Estimates and Forecast, 2014-2023($Billion)
o Plain
§ Sweetened
§ Unsweetened
o Flavored
§ Sweetened
§ Unsweetened
· Dairy Alternatives Market, By Region, Estimates and Forecast, 2014-2023($Billion)
o North America
§ North America Dairy Alternatives Market, By Country
o U.S. Dairy Alternatives Market
o Canada Dairy Alternatives Market
o Mexico Dairy Alternatives Market
o Europe
§ Europe Dairy Alternatives Market, By Country
o Germany Dairy Alternatives Market
o UK Dairy Alternatives Market
o France Dairy Alternatives Market
o Russia Dairy Alternatives Market
o Italy Dairy Alternatives Market
o Rest of Europe Dairy Alternatives Market
o Asia-Pacific
§ Asia-Pacific Dairy Alternatives Market, By Country
o China Dairy Alternatives Market
o Japan Dairy Alternatives Market
o South Korea Dairy Alternatives Market
o India Dairy Alternatives Market
o Southeast Asia Dairy Alternatives Market
o Rest of Asia-Pacific Dairy Alternatives Market
o South America
§ South America Dairy Alternatives Market
o Brazil Dairy Alternatives Market
o Argentina Dairy Alternatives Market
o Columbia Dairy Alternatives Market
o South Africa Dairy Alternatives Market
o Rest of South America Dairy Alternatives Market
o Middle East and Africa
§ Middle East and Africa Dairy Alternatives Market
o Saudi Arabia Dairy Alternatives Market
o UAE Dairy Alternatives Market
o Egypt Dairy Alternatives Market
o Nigeria Dairy Alternatives Market
o South Africa Dairy Alternatives Market
o Rest of MEA Dairy Alternatives Market
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Rising Consumer Shift Towards Vegan Diet
3.2.1.2. Increasing Cases of Lactose Intolerance
3.2.2. Restraints
3.2.2.1. High cost
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2017-2023)
4.1.2. Canada Market States and Outlook (2017-2023)
4.1.3. Mexico Market States and Outlook (2017-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2017-2023)
4.2.2. France Market States and Outlook (2017-2023)
4.2.3. UK Market States and Outlook (2017-2023)
4.2.4. Russia Market States and Outlook (2017-2023)
4.2.5. Italy Market States and Outlook (2017-2023)
4.2.6. Rest of Europe Market States and Outlook (2017-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2017-2023)
4.3.2. Japan Market States and Outlook (2017-2023)
4.3.3. Korea Market States and Outlook (2017-2023)
4.3.4. India Market States and Outlook (2017-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2017-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2017-2023)
4.4.2. Argentina Market States and Outlook (2017-2023)
4.4.3. Columbia Market States and Outlook (2017-2023)
4.4.4. Rest of South America Market States and Outlook (2017-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2017-2023)
4.5.2. UAE Market States and Outlook (2017-2023)
4.5.3. Egypt Market States and Outlook (2017-2023)
4.5.4. Nigeria Market States and Outlook (2017-2023)
4.5.5. South Africa Market States and Outlook (2017-2023)
4.5.6. Rest of MEA Market States and Outlook (2017-2023)
5. Dairy Alternatives Market, By Product
5.1. Introduction
5.2. Global Dairy Alternatives Sales, Revenue and Market Share by Product (2017-2027)
5.2.1. Global Dairy Alternatives Sales and Sales Share by Product (2017-2027)
5.2.2. Global Dairy Alternatives Revenue and Revenue Share by Product (2017-2027)
5.3. Soy Milk
5.3.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
5.3.2. Global Soy Milk Sales and Growth Rate (2017-2027)
5.4. Almond Milk
5.4.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
5.4.2. Global Almond Milk Sales and Growth Rate (2017-2027)
5.5. Rice Milk
5.5.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
5.5.2. Global Rice Milk Sales and Growth Rate (2017-2027)
5.6. Other Products
5.6.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
5.6.2. Global Rice Milk Sales and Growth Rate (2017-2027)
6. Dairy Alternatives Market, By Formulation
6.1. Introduction
6.2. Global Dairy Alternatives Sales, Revenue and Market Share by Formulation (2017-2027)
6.2.1. Global Dairy Alternatives Sales and Sales Share by Formulation (2017-2027)
6.2.2. Global Dairy Alternatives Revenue and Revenue Share by Formulation (2017-2027)
6.3. Plain
6.3.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
6.3.2. Global Plain Sales and Growth Rate (2017-2027)
6.3.3. Sweetened
6.3.3.1. Global Sweetened Sales and Growth Rate (2017-2027)
6.3.4. Unsweetened
6.3.4.1. Global Unsweetened Sales and Growth Rate (2017-2027)
6.4. Flavored
6.4.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
6.4.2. Global Flavored Sales and Growth Rate (2017-2027)
6.4.3. Sweetened
6.4.3.1. Global Sweetened Sales and Growth Rate (2017-2027)
6.4.4. Unsweetened
6.4.4.1. Global Unsweetened Sales and Growth Rate (2017-2027)
7. Dairy Alternatives Market, By Application
7.1. Introduction
7.2. Global Dairy Alternatives Sales, Revenue and Market Share by Application (2017-2027)
7.2.1. Global Dairy Alternatives Sales and Sales Share by Application (2017-2027)
7.2.2. Global Dairy Alternatives Revenue and Revenue Share by Application (2017-2027)
7.3. Food
7.3.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
7.3.2. Global Enterprises Sales and Growth Rate (2017-2027)
7.3.3. Cheese
7.3.3.1. Global Cheese Sales and Growth Rate (2017-2027)
7.3.4. Desserts
7.3.4.1. Global Dessests Sales and Growth Rate (2017-2027)
7.3.5. Snacks
7.3.5.1. Global Snacks Sales and Growth Rate (2017-2027)
7.4. Beverages
7.4.1. Global Beverages Sales and Growth Rate (2017-2027)
8. Dairy Alternatives Market, By Region
8.1. Introduction
8.2. Global Dairy Alternatives Sales, Revenue and Market Share by Regions
8.2.1. Global Dairy Alternatives Sales by Regions (2017-2027)
8.2.2. Global Dairy Alternatives Revenue by Regions (2017-2027)
8.3. North America Dairy Alternatives by Countries
8.3.1. North America Dairy Alternatives Sales and Growth Rate (2017-2027)
8.3.2. North America Dairy Alternatives Revenue and Growth Rate (2017-2027)
8.3.3. North America Dairy Alternatives Sales by Countries (2017-2027)
8.3.4. North America Dairy Alternatives Revenue (Million USD) by Countries (2017-2027)
8.3.5. U.S.
8.3.5.1. United States Dairy Alternatives Sales and Growth Rate (2017-2027)
8.3.5.2. United States Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.3.6. Canada
8.3.6.1. Canada Dairy Alternatives Sales and Growth Rate (2017-2027)
8.3.6.2. Canada Dairy Alternatives Sales (Millions USD) and Growth Rate (2017-2027)
8.3.7. Mexico
8.3.7.1. Mexico Dairy Alternatives Sales and Growth Rate (2017-2027)
8.3.7.2. Mexico Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.4. Europe Dairy Alternatives by Countries
8.4.1. Europe Dairy Alternatives Sales and Growth Rate (2017-2027)
8.4.2. Europe Dairy Alternatives Revenue and Growth Rate (2017-2027)
8.4.3. Europe Dairy Alternatives Sales by Countries (2017-2027)
8.4.4. Europe Dairy Alternatives Revenue (Million USD) by Countries (2017-2027)
8.4.5. Germany
8.4.5.1. Germany Dairy Alternatives Sales and Growth Rate (2017-2027)
8.4.5.2. Germany Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.6. UK
8.4.6.1. UK Dairy Alternatives Sales and Growth Rate (2017-2027)
8.4.6.2. UK Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.7. France
8.4.7.1. France Dairy Alternatives Sales and Growth Rate (2017-2027)
8.4.7.2. France Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.8. Russia
8.4.8.1. Russia Dairy Alternatives Sales and Growth Rate (2017-2027)
8.4.8.2. Russia Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.9. Italy
8.4.9.1. Italy Dairy Alternatives Sales and Growth Rate (2017-2027)
8.4.9.2. Italy Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.10. Rest of Europe
8.4.10.1. Rest of Europe Dairy Alternatives Sales and Growth Rate (2017-2027)
8.4.10.2. Rest of Europe Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.5. Asia-Pacific
8.5.1. Asia-Pacific Dairy Alternatives Sales and Growth Rate (2017-2027)
8.5.2. Asia-Pacific Dairy Alternatives Revenue and Growth Rate (2017-2027)
8.5.3. Asia-Pacific Dairy Alternatives Sales by Countries (2017-2027)
8.5.4. Asia-Pacific Dairy Alternatives Revenue (Million USD) by Countries (2017-2027)
8.5.5. China
8.5.5.1. China Dairy Alternatives Sales and Growth Rate (2017-2027)
8.5.5.2. China Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.6. Japan
8.5.6.1. Japan Dairy Alternatives Sales and Growth Rate (2017-2027)
8.5.6.2. Japan Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.6.3.
8.5.7. Korea
8.5.7.1. Korea Dairy Alternatives Sales and Growth Rate (2017-2027)
8.5.7.2. Korea Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.8. India
8.5.8.1. India Dairy Alternatives Sales and Growth Rate (2017-2027)
8.5.8.2. India Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.9. Southeast Asia
8.5.9.1. Southeast Asia Dairy Alternatives Sales and Growth Rate (2017-2027)
8.5.9.2. Southeast Asia Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.10. Rest of Asia-Pacific
8.5.10.1. Rest of Asia-Pacific Dairy Alternatives Sales and Growth Rate (2017-2027)
8.5.10.2. Rest of Asia-Pacific Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.6. South America
8.6.1. South America Dairy Alternatives Sales and Growth Rate (2017-2027)
8.6.2. South America Dairy Alternatives Revenue and Growth Rate (2017-2027)
8.6.3. South America Dairy Alternatives Sales by Countries (2017-2027)
8.6.4. South America Dairy Alternatives Revenue (Million USD) by Countries (2017-2027)
8.6.5. Brazil
8.6.5.1. Brazil Dairy Alternatives Sales and Growth Rate (2017-2027)
8.6.5.2. Brazil Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.6. Argentina
8.6.6.1. Argentina Dairy Alternatives Sales and Growth Rate (2017-2027)
8.6.6.2. Argentina Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.7. Columbia
8.6.7.1. Columbia Dairy Alternatives Sales and Growth Rate (2017-2027)
8.6.7.2. Columbia Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.8. Rest of South America
8.6.8.1. Rest of South America Dairy Alternatives Sales and Growth Rate (2017-2027)
8.6.8.2. Rest of South America Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.7. Middle East and Africa
8.7.1. Middle East and Africa Dairy Alternatives Sales and Growth Rate (2017-2027)
8.7.2. Middle East and Africa Dairy Alternatives Revenue and Growth Rate (2017-2027)
8.7.3. Middle East and Africa Dairy Alternatives Sales by Countries (2017-2027)
8.7.4. Middle East and Africa Dairy Alternatives Revenue (Million USD) by Countries (2017-2027)
8.7.5. Saudi Arabia
8.7.5.1. Saudi Arabia Dairy Alternatives Sales and Growth Rate (2017-2027)
8.7.5.2. Saudi Arabia Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.6. United Arab Emirates
8.7.6.1. United Arab Emirates Dairy Alternatives Sales and Growth Rate (2017-2027)
8.7.6.2. United Arab Emirates Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.7. Egypt
8.7.7.1. Egypt Dairy Alternatives Sales and Growth Rate (2017-2027)
8.7.7.2. Egypt Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.8. Nigeria
8.7.8.1. Nigeria Dairy Alternatives Sales and Growth Rate (2017-2027)
8.7.8.2. Nigeria Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.9. South Africa
8.7.9.1. South Africa Dairy Alternatives Sales and Growth Rate (2017-2027)
8.7.9.2. South Africa Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.10. Rest of Middle East and Africa
8.7.10.1. Rest of Middle East and Africa Dairy Alternatives Sales and Growth Rate (2017-2027)
8.7.10.2. Rest of Middle East and Africa Dairy Alternatives Revenue (Millions USD) and Growth Rate (2017-2027)
9. Company Profiles
9.1. Archer Daniels Midland Company
9.1.1. Business Overview
9.1.2. Product Portfolio
9.1.3. Strategic Developments
9.1.4. Sales, Revenue and Market Share
9.2. The Whitewave Foods Company
9.2.1. Business Overview
9.2.2. Product Portfolio
9.2.3. Strategic Developments
9.2.4. Sales, Revenue and Market Share
9.3. The Hain Celestial Group, Inc.
9.3.1. Business Overview
9.3.2. Product Portfolio
9.3.3. Strategic Developments
9.3.4. Sales, Revenue and Market Share
9.4. Daiya Foods Inc.
9.4.1. Business Overview
9.4.2. Product Portfolio
9.4.3. Strategic Developments
9.4.4. Sales, Revenue and Market Share
9.5. Eden Foods, Inc.
9.5.1. Business Overview
9.5.2. Product Portfolio
9.5.3. Strategic Developments
9.5.4. Sales, Revenue and Market Share
9.6. Nutriops S.L.
9.6.1. Business Overview
9.6.2. Product Portfolio
9.6.3. Strategic Developments
9.6.4. Sales, Revenue and Market Share
9.7. Earth's Own Food Company
9.7.1. Business Overview
9.7.2. Product Portfolio
9.7.3. Strategic Developments
9.7.4. Sales, Revenue and Market Share
9.8. SunOpta Inc.
9.8.1. Business Overview
9.8.2. Product Portfolio
9.8.3. Strategic Developments
9.8.4. Sales, Revenue and Market Share
9.9. Freedom Foods Group Ltd.
9.9.1. Business Overview
9.9.2. Product Portfolio
9.9.3. Strategic Developments
9.9.4. Sales, Revenue and Market Share
9.10. OATLY AB
9.10.1. Business Overview
9.10.2. Product Portfolio
9.10.3. Strategic Developments
9.10.4. Sales, Revenue and Market Share
10. Global Dairy Alternatives Market Competition, by Manufacturer
10.1. Global Dairy Alternatives Sales and Market Share by Manufacturer (2017-2017)
10.2. Global Dairy Alternatives Revenue and Market Share by Manufacturer (2017-2017)
10.3. Global Dairy Alternatives Price by Manufacturer (2017-2017)
10.4. Top 5 Dairy Alternatives Manufacturer Market Share
10.5. Market Competition Trend
11. Dairy Alternatives Market Forecast (2027-2023)
11.1. Global Dairy Alternatives Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
11.2. Dairy Alternatives Market Forecast by Regions (2027-2023)
11.2.1. North America Dairy Alternatives Market Forecast (2027-2023)
11.2.1.1. United States Dairy Alternatives Market Forecast (2027-2023)
11.2.1.2. Canada Dairy Alternatives Market Forecast (2027-2023)
11.2.1.3. Mexico Dairy Alternatives Market Forecast (2027-2023)
11.2.2. Europe Dairy Alternatives Market Forecast (2027-2023)
11.2.2.1. Germany Dairy Alternatives Market Forecast (2027-2023)
11.2.2.2. United Kingdom Dairy Alternatives Market Forecast (2027-2023)
11.2.2.3. France Dairy Alternatives Market Forecast (2027-2023)
11.2.2.4. Russia Dairy Alternatives Market Forecast (2027-2023)
11.2.2.5. Italy Dairy Alternatives Market Forecast (2027-2023)
11.2.2.6. Rest of the Europe Dairy Alternatives Market Forecast (2027-2023)
11.2.3. Asia-Pacific Dairy Alternatives Market Forecast (2027-2023)
11.2.3.1. China Dairy Alternatives Market Forecast (2027-2023)
11.2.3.2. Japan Dairy Alternatives Market Forecast (2027-2023)
11.2.3.3. Korea Dairy Alternatives Market Forecast (2027-2023)
11.2.3.4. India Dairy Alternatives Market Forecast (2027-2023)
11.2.3.5. Southeast Asia Dairy Alternatives Market Forecast (2027-2023)
11.2.3.6. Rest of Asia-Pacific Dairy Alternatives Market Forecast (2027-2023)
11.2.4. South America Dairy Alternatives Market Forecast (2027-2023)
11.2.4.1. Brazil Dairy Alternatives Market Forecast (2027-2023)
11.2.4.2. Argentina Dairy Alternatives Market Forecast (2027-2023)
11.2.4.3. Columbia Dairy Alternatives Market Forecast (2027-2023)
11.2.4.4. Rest of South America Dairy Alternatives Market Forecast (2027-2023)
11.2.5. Middle East and Africa Dairy Alternatives Market Forecast (2027-2023)
11.2.5.1. Saudi Arabia Dairy Alternatives Market Forecast (2027-2023)
11.2.5.2. UAE Dairy Alternatives Market Forecast (2027-2023)
11.2.5.3. Egypt Dairy Alternatives Market Forecast (2027-2023)
11.2.5.4. Nigeria Dairy Alternatives Market Forecast (2027-2023)
11.2.5.5. South Africa Dairy Alternatives Market Forecast (2027-2023)
11.2.5.6. Rest of MEA Dairy Alternatives Market Forecast (2027-2023)
11.3. Dairy Alternatives Market Forecast by Product (2027-2023)
11.3.1. Global Dairy Alternatives Sales Forecast by Product (2027-2023)
11.3.2. Global Dairy Alternatives Sales Market Share Forecast by Product (2027-2023)
11.4. Dairy Alternatives Market Forecast by Formulation (2027-2023)
11.4.1. Global Dairy Alternatives Sales Forecast by Formulation (2027-2023)
11.4.2. Global Dairy Alternatives Sales Market Share Forecast by Formulation (2027-2023)
11.5. Dairy Alternatives Market Forecast by Application (2027-2023)
11.5.1. Global Dairy Alternatives Sales Forecast by Application (2027-2023)
11.5.2. Global Dairy Alternatives Sales Market Share Forecast by Application (2027-2023)
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of Dairy Alternatives Market.
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
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Demand Side |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2025) |
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