The Europe Dairy Alternatives Market was worth USD xx million in 2020 and is expected to reach USD xx million by the end of 2025 with a CAGR of xx% between 2020 and 2025.
Dairy alternatives are foods and beverages that can be used as substitutes for dairy. These foods and drinks are derived from plants and are considered a very healthy alternative to dairy products. Soy milk, rice milk, and almond milk are the most popular choices for dairy alternatives around the world. Dairy substitutes are considered healthy because many essential vitamins and minerals are present. They are also low in fat, cholesterol, and zero lactose levels. Soy milk contains a variety of minerals such as calcium, iron, zinc, phosphorus, potassium, sodium, and magnesium. This product is very popular among heart patients because it reduces cholesterol levels. Soy milk also contains the same amount of protein as milk and has fewer calories than whole milk and skim milk. Therefore, an increase in soymilk consumption has the potential to increase overall industrial demand. Almond milk is made with almond flour that does not contain lactose or cholesterol. Oat milk is lactose-free milk that is obtained naturally from oats, other cereals, and beans.
Growing consumer interest in different nutritional values, such as the high vitamin and protein content and the low-calorie content of milk, will affect the growth trajectory of the Europe dairy alternatives market in the near future.
Dairy alternatives are mature and very popular in emerging markets. This may be due to a higher number of people allergic to dairy products. Additionally, increased health awareness and increased disposable income have contributed to the growth of the dairy substitute market. Also, the introduction of additional healthy ingredients by market players is another factor driving this industry. Additionally, government policies to improve the agricultural sector will have a positive impact on market growth by increasing the availability of raw materials and lowering prices. Consumers have a growing preference for vegan diets as concerns about animal rights and environmental protection increase. This is due to the nutritional benefits that plant-based dairy alternatives provide. It offers a variety of nutritional benefits, such as lowering cholesterol levels, improving cardiovascular health, and managing diabetes.Therefore, these alternatives meet the demand for a variety of products from consumers around the world. On the contrary, the growing demand for dairy substitutes by the vegan population and the introduction of new flavors and various dairy substitutes is expected to provide growth opportunities for the Europe dairy alternatives market. Consumers in developed countries are adopting plant-based milk because dairy substitutes provide energy, improve health, help control weight, and increase the palatability of foods. Growing consumer awareness of the benefits of a vegan diet is one of the key factors driving the demand for dairy alternatives around the world. Given this rapid increase in the vegan population, several dairy manufacturers are turning to dairy production. The Europe dairy alternatives market has driven product innovation and has grown tremendously in recent years, posing a serious threat to the sale of traditional dairy products. Manufacturers have to put enormous pressure on water resources to grow almonds. Also, rice emits most greenhouse gases, such as methane, due to bacterial activity in flooded rice fields. Growing beans and oats requires large areas, which leads to deforestation.
Fluctuations in commodity prices and high cost of action are the main constraints in this market. The raw materials used to make milk substitutes are nuts and edible cereals, and most of the production is intended for direct consumption. As a result, the availability of raw materials will be a key factor influencing the industry. Increased deforestation in developing countries has led to a shortage of dairy substitutes such as soybeans, almonds and rice. Besides, extremely cold weather conditions in countries such as the UK, France and Spain make agricultural production difficult.
By Application, the Europe dairy alternatives market is divided into Milk, Cheese, Yogurt, Ice Creams, Creamers.
Based on the Distribution Channel, the regional market is separated into Supermarkets, Health Stores, Pharmacies, and Online Stores. Of these, the supermarkets are the leading segment that is likely to expand with a considerable share in the coming years.
Geographically the Europe Dairy Alternatives Market is segmented into UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe. Germany has recently replaced the UK, making it the largest dairy alternatives market in Europe. One of the key factors behind the strong growth of the German market is the launch of a non-dairy discount store under its own brand. The UK leads in cold soymilk consumption. The UK market has doubled every two years due to the popularity of cold soy milk as a fresh alternative to cow's milk. However, the non-dairy beverage market is expected to grow faster in Spain. The high growth rate has prompted the food giants to enter the Spanish market and launch their products.
Key Players in the Market:
Major Key Players in the Europe Dairy Alternatives Market are
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 (2020 - 2025)
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
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Feb 2020
