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Pulished Date April, 2021
ID: 2422
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Europe Dairy Alternatives Market segmented By Application (ice cream, milk, cheese, creamers, yogurt, and others), By Distribution Channel (Health Stores, Online, Supermarkets/Hypermarkets, Pharmacies, and Others), and By Region – Global Forecast Period 2021-2026

Pulished: April, 2021
ID: 2422
Pages: 134

Europe Dairy Alternatives Market (2021-2026):

The Europe dairy alternatives market is expected to reach $ 2.22 million by the end of 2026, with a CAGR of 7.12% between 2021 and 2026.

Market Overview:

Dairy Alternatives refer to milk that is processed into seeds, grains, or nuts. People with lactose intolerance disorders can also consume lactose substitutes. Dairy Alternatives are used in cooking and baking, allowing you to create your favorite dairy-free recipes. These foods and drinks are plant-based and are considered a very healthy alternative to dairy products. Soy milk, almond milk, and rice milk are among the most popular options for dairy alternatives around the world. Dairy Alternatives are considered healthy because many essential vitamins and minerals are present. Dairy alternatives are made from a variety of sauces, including almond milk, soy milk, rice milk, oat milk, coconut milk, and hemp milk. Alternatives to dairy not only promote better health but also reduce the likelihood of human disease. These alternatives are widely used for ice cream, yogurt, cheese, and creams and come in a variety of flavors.

Market Growth:

Increasing urbanization leading to lifestyle changes is further driving the growth of the European Dairy Alternatives market.

Recent Developments:

In November, VALSOIA S.P.A (Italy) launched two types of almond ice cream. It is a 100% dairy alternative.

Drivers:

Increased awareness of the nutritional benefits of dairy alternatives coupled with increased health awareness among consumers is a key factor driving the growth of the European Dairy Alternatives market. In addition, the increased incidence of gastrointestinal and diabetic diseases among the population, the launch of innovative new products from various companies, and changes in consumer preferences for vegan diets are other factors that are expected to drive the growth of the market for Europe Dairy Alternatives during the forecast period. Growing concern about lactose intolerance among people and a significant shift in consumer preferences for healthy foods are key factors contributing to the European Dairy Alternatives market's growth. Consumers' growing awareness of the incredible nutritional value of plant-based dairy alternatives, such as lowering cholesterol levels, promoting cardiovascular health, and managing diabetes, will encourage them to choose dairy alternatives to stay healthy and healthy. Various multinational giants are primarily focused on product innovation, including introducing different flavors of almond milk and soy milk, which will appeal to many consumers looking for tastier healthy beverage options. The growing trend of the vegan diet and the increase in per capita income will positively impact the market in the future. Additionally, Dairy Alternatives are rich in calcium and vitamins, leading to increased adoption for home use, which is another factor that is expected to drive the growth of the global dairy substitute market during the forecast period. The growing demand for healthy flavored beverages among the younger population, coupled with high nutritional value, is a key factor in greatly promoting the regional industry's expansion. Increased health awareness and increased disposable income also contributed to the growth of the European Dairy Alternatives market. Additionally, other market players' introduction of additional healthy ingredients is another factor driving the Europe Dairy Alternatives market growth. Dairy Alternatives are experiencing high market demand as a preference for plant-based products increases among the population.

European Dairy Alternatives' market is on the rise as intolerance associated with food and dairy allergies increases. Increasing consumer health awareness is one of the key factors, which is driving the growing market demand for Europe Dairy Alternatives in the food and beverage industry, such as bakeries and confectionery. The Europe Dairy Alternatives market is expected to be driven primarily by the plant-based dairy alternatives market and factors such as lactose intolerance and milk allergies, with a growing consumer preference for vegan nutritional benefits. As lactose intolerance has risen among Europeans, the demand for Dairy Alternatives has exploded. The antioxidant properties of Dairy Alternatives like almond milk, which can have protective effects against cancer and heart disease, have further boosted the demand for Europe Dairy Alternatives. The growing number of health-conscious consumers coupled with consumer awareness of the health benefits of Europe Dairy Alternatives is expected to drive market growth during the forecast period. The growing demand for dairy alternatives by the vegan population and the introduction of new flavors and various dairy alternatives are expected to provide growth opportunities for the European Dairy Alternatives market.

Restraints:

The high cost of Dairy Alternatives is a key factor that is expected to slow the growth of the Europe Dairy Alternatives market. Additionally, cross-contamination from dairy alternatives is another factor that is expected to hamper the European Dairy Alternatives market's growth during the forecast period.

Europe Dairy Alternatives Market Segmentation Analysis:

Depending on the application, the Europe Dairy Alternatives market is segmented into ice cream, milk, cheese, cream, yogurt, etc. The milk sector is expected to grow at a higher CAGR during the forecast period as consumer preferences for vegan diets change dramatically as concerns about animal and environmental rights grow regionally.

The Europe Dairy Alternatives market is segmented into health food stores, online supermarkets/hypermarkets, pharmacies, and others based on the distribution channels. The supermarkets/hypermarkets segment is expected to lead the market during the forecast period, as the number of supermarkets/hypermarkets globally increases rapidly due to population growth and rapid modernization. The online store is very profitable, provides faster access to all products, and offers other exceptional benefits to consumers such as free messaging options, multiple payment options, refunds, and other discounts.

Impact of COVID 19 on the Europe Dairy Alternatives Market:

Shortages of milk and dairy products were recorded in numerous European markets during the COVID 19 scenario. As a result, millions of people around the region are beginning to look for Europe Dairy Alternatives. The growing interest in enhancing immunity has encouraged health-conscious consumers to find more value in their dishes, which may also drive Europe Dairy Alternatives' transition. After COVID-19, Europe Dairy Alternatives' market situation looks favorable because the increased interest in proper labeling may attract more customers.

Regional Analysis:

Europe Dairy Alternatives occupies an important part of the world market prospects. The main markets in Europe are Germany, the United Kingdom, France, and Spain. Germany Dairy Alternatives is the largest market in the region due to rapid population growth, increased consumer awareness, health and fitness, liberalization of FDI in the food industry, and rapidly increasing purchasing power. The rise of liquor and specialty stores, coupled with the changing trend towards low cholesterol foods, is one of the main contributors to the growing demand for products in the UK region. The growing propensity for ready-to-eat, packaged, and ready-to-eat foods will further drive growth in the Spanish Dairy Alternatives market during the forecast period. The strongest demand for lactose-free milk for children as well as for pregnant women is driving the growth of the French Dairy Alternatives market in Europe.

Key Players in the Market:

Key players in the Europe Dairy Alternatives market include Hain Celestial, Whitewave Foods Company, SunOpta, Blue Diamond Growers, Freedom Foods Group Limited, Earth's Own Food Company, Sanitarium, Nutriops S.L., Eden Foods, and Valsoia S.p.A.

 

1. Introduction                         

          1.1 Market Definition                

          1.2 Scope of the report             

          1.3 Study Assumptions             

          1.4 Base Currency, Base Year and Forecast Periods            

2. Research Methodology                    

          2.1 Analysis Design                  

          2.2 Research Phases                 

                   2.2.1 Secondary Research

                   2.2.2 Primary Research    

                   2.2.3 Data Modelling       

                   2.2.4 Expert Validation    

          2.3 Study Timeline          

3. Report Overview                   

          3.1 Executive Summary             

          3.2 Key Inferencees                  

4. Market Dynamics                            

          4.1 Impact Analysis                  

                   4.1.1 Drivers         

                   4.1.2 Restraints     

                   4.1.3 Opportunities         

          4.2 Regulatory Environment                

          4.3 Technology Timeline & Recent Trends               

5. Competitor Benchmarking Analysis                     

          5.1 Key Player Benchmarking               

                   5.1.1 Market share analysis       

                   5.1.2 Products/Service    

                   5.1.3 Regional Presence   

          5.2 Mergers & Acquistion Landscape             

          5.3 Joint Ventures & Collaborations               

6. Market Segmentation                      

          6.1 Dairy Alternatives Market, By Distribution Channel  

                   6.1.1 Supermarkets         

                   6.1.2 Health Stores

                   6.1.3 Pharmacies   

                   6.1.4 Online Stores

                   6.1.5 Market Size Estimations & Forecasts (2020-2025)   

                   6.1.6 Y-o-Y Growth Rate Analysis       

                   6.1.7 Market Attractiveness Index       

          6.2 Dairy Alternatives Market, By Application           

                   6.2.1 Milk   

                   6.2.2 Cheese         

                   6.2.3 Yogurt

                   6.2.4 Ice Creams   

                   6.2.5 Creamers     

                   6.2.6 Market Size Estimations & Forecasts (2020-2025)   

                   6.2.7 Y-o-Y Growth Rate Analysis       

                   6.2.8 Market Attractiveness Index       

7. Geographical Landscape                            

          7.1 Regional Identity Governance and Administration Market, by Region 

          7.2 Europe - Market Analysis (2021-2026)           

                   7.2.1 By Country   

                             7.2.1.1 UK

                             7.2.1.2 France

                             7.2.1.3 Germany

                             7.2.1.4 Spain

                             7.2.1.5 Italy

                             7.2.1.6 Rest of Europe

                   7.2.2 By Distribution Channel    

                   7.2.3 By Application        

          7.4 Asia Pacific               

                   7.4.1 By Country   

                             7.4.1.1 China

                             7.4.1.2 India

                             7.4.1.3 Japan

                             7.4.1.4 South Korea

                             7.4.1.5 South East Asia

                             7.4.1.6 Australia & NZ

                             7.4.1.7 Rest of Asia-Pacific

                   7.4.2 By Distribution Channel    

                   7.4.3 By Application        

          7.5 Latin America            

                   7.5.1 By Country   

                             7.5.1.1 Brazil

                             7.5.1.2 Argentina

                             7.5.1.3 Mexico

                             7.5.1.4 Rest of Latin America

                   7.5.2 By Distribution Channel    

                   7.5.3 By Application        

          7.6 Middle East and Africa         

                   7.6.1 By Country   

                             7.6.1.1 Middle East

                             7.6.1.2 Africa

                   7.6.2 By Distribution Channel    

                   7.6.3 By Application        

8. Key Player Analysis                         

          8.1 WhiteWave Foods Company           

                   8.1.1 Business Description        

                   8.1.2 Products/Service    

                   8.1.3 Financials     

                   8.1.4 SWOT Analysis       

                   8.1.5 Recent Developments       

                   8.1.6 Analyst Overview    

          8.2 Blue Diamond Growers                  

          8.3 Earth's Own Food Inc           

          8.4 SunOpta Inc              

          8.5 Kikkoman Corporation                  

          8.6 Living Harvest Foods Inc               

          8.7 Organic Valley           

          8.8 Rebel Kitchen            

          8.9 The Hain Celestial Group Inc          

          8.10 Eden Foods Inc                 

9. Market Outlook & Investment Opportunities                            

Appendix                        

          List of Tables                  

          List of Figures                 

 
  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The Segment-level analysis in terms of By Application, Distribution Channel and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

 

  1. Europe Dairy Alternatives Market By Application, From 2021-2026 ( USD Billion )
  2. Europe Ice cream Market By Region, From 2021-2026 ( USD Billion )
  3. Europe milk Market By Region, From 2021-2026 ( USD Billion )
  4. Europe cheese Market By Region, From 2021-2026 ( USD Billion )
  5. Europe creamers Market By Region, From 2021-2026 ( USD Billion )
  6. Europe yogurt Market By Region, From 2021-2026 ( USD Billion )
  7. Europe Dairy Alternatives Market By Distribution channel, From 2021-2026 ( USD Billion )
  8. Europe Health Stores Market By Region, From 2021-2026 ( USD Billion )
  9. Europe Online Market By Region, From 2021-2026 ( USD Billion )
  10. Europe Supermarkets/Hypermarkets Market By Region, From 2021-2026 ( USD Billion )
  11. Europe Pharmacies Market By Region, From 2021-2026 ( USD Billion )
  12. U.K. Dairy Alternatives Market By Application, From 2021-2026 ( USD Billion )
  13. U.K. Dairy Alternatives Market By Distribution channel, From 2021-2026 ( USD Billion )
  14. Germany Dairy Alternatives Market By Applciation, From 2021-2026 ( USD Billion )
  15. Germany Dairy Alternatives Market By Distribution channel, From 2021-2026 ( USD Billion )
  16. France Dairy Alternatives Market By Applciation, From 2021-2026 ( USD Billion )
  17. France Dairy Alternatives Market By Distribution channel, From 2021-2026 ( USD Billion )
  18. Italy Dairy Alternatives Market By Applciation, From 2021-2026 ( USD Billion )
  19. Italy Dairy Alternatives Market By Distribution channel, From 2021-2026 ( USD Billion )
  20. Spain Dairy Alternatives Market By Applciation, From 2021-2026 ( USD Billion )
  21. Spain Dairy Alternatives Market By Distribution channel, From 2021-2026 ( USD Billion )

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