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Middle East And Africa Dairy Alternatives Market By Type (Almond Milk, Soy Milk, Rice Milk, Others), By Formulation (Plain Sweetened, Plain Unsweetened, Flavoured Sweetened, Flavoured Unsweetened), By Application (Food & Beverages), and By Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA) – Size, Share, Trends, Growth, Forecast (2022 to 2027)

Published: January, 2022
ID: 2425
Pages: 145

Middle East and Africa Dairy Alternatives Market Growth and Forecast (2022 - 2027):

Middle East and Africa Dairy Alternatives Market was worth USD 1.2 billion in 2021 and is estimated to be growing at a CAGR of 12.487%, to reach USD 2.16 billion by 2026. The market is showing great potential in the mentioned forecasting period.

Market Overview:

Dairy alternative has become a growing need for consumers who are allergic to conventional milk and milk products. Most of the customers select dairy alternatives because of intolerances or allergies to cow’s milk while others choose them for taste. Consumers allergic to dairy products are keenly looking for plant based milk with huge amount of nutrients, vitamins and calcium with same contentment as the cow’s milk. Dairy milk was the healthiest food in the past but increasing allergic consumers would decrease the demand for dairy products in future.

Food and beverages which are based on Dairy alternatives, are prepared from dairy-free milk, extracted from numerous plant based sources. They are gradually being consumed by lactose intolerant and vegan consumers. There is a wide range of food and beverages available in the market, prepared from milk, which in turn is derived from sources such as almond, rice, soy, coconut and others. Commonly consumed dairy alternative based products are milk, butter, ice-cream, cheese, soft drinks, energy drinks and others.

Drivers and Restraints:

The market is driven by the rapid demand of the dairy alternative products in the Middle East & Africa region. In the recent times, South Africa, Israel and Egypt are observing high demand of dairy alternatives, majorly due to the growing environmental concerns, changes in lifestyle and eating pattern. There is a growing number of people who are allergic to dairy products. This is stimulating the growth of the dairy alternatives market in this region. The major factors restraining the growth of the dairy alternatives market is the high cost associated with the consumption of dairy alternatives.

Middle East and Africa Dairy Alternatives Market Segmentation Analysis:

The Middle East & Africa market for dairy alternatives is broadly categorized into Soy Milk, Almond Milk, Rice Milk and others. Based on formulation, the market is segmented as Plain Sweetened, Plain Unsweetened, Flavoured Sweetened and Flavoured Unsweetened. Based on Application, the market is further segmented into Food & Beverages.

Region Analysis:

Geographically the Middle East and Africa Dairy Alternatives Market is segmented into KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA.

Key Players in the Market:

Major Key Players in the MEA Dairy Alternatives Market are

  • Sanitarium Health & Wellbeing Company
  • Blue Diamond Growers
  • The WhiteWave Foods Company
  • Freedom Foods Group Limited
  • Daiya Foods Inc
  • Nutriops S.L
  • SunOpta Inc
  • The Hain Celestial Group Inc
  • Earth’s Own Food Company
  • Archer Daniels Midland Company
  • Eden Foods, Inc

 

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Type                              

                                5.1.1 Almond Milk           

                                5.1.2 Soy Milk   

                                5.1.3 Rice Milk  

                                5.1.4 Others      

                                5.1.5  Y-o-Y Growth Analysis, By Type    

                                5.1.6  Market Attractiveness Analysis, By Type  

                                5.1.7  Market Share Analysis, By Type    

                5.2 Formulation                               

                                5.2.1 Plain Sweetened  

                                5.2.2 Plain Unsweetened            

                                5.2.3 Flavoured Sweetened       

                                5.2.4 Flavoured Unsweetened  

                                5.2.5 Y-o-Y Growth Analysis, By Formulation       

                                5.2.6 Market Attractiveness Analysis, By Formulation     

                                5.2.7 Market Share Analysis, By Formulation      

                5.3 Application                 

                                5.3.1 Food & Beverages               

                                5.3.2 Other Applications               

                                5.3.3 Y-o-Y Growth Analysis, By Application         

                                5.3.4 Market Attractiveness Analysis, By Application       

                                5.3.5 Market Share Analysis, By Application        

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Type

                                                6.1.3.3 By Formulation

                                                6.1.3.4 By Application

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Type

                                                6.1.4.3 By Formulation

                                                6.1.4.4 By Application

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Type

                                                6.1.5.3 By Formulation

                                                6.1.5.4 By Application

                6.2 Middle-East                                

                6.3 Africa                            

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8.Market Leaders' Analysis                                         

                8.1 The Hain Celestial Group Inc.                              

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Blue Diamond Growers                         

                8.3 Daiya Foods Inc.                       

                8.4 SunOpta Inc.                              

                8.5 Archer Daniels Midland Company                     

                8.6 The WhiteWave Foods Company                      

                8.7 Freedom Foods Group Limited                          

                8.8 Sanitarium Health & Wellbeing Company                      

                8.9 Earth’s Own Food Company                

                8.10 Nutriops S.L.                            

                8.11 Eden Foods, Inc.                    

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

 

  1. Middle East & Africa Dairy Alternatives Market By Type, From 2022 - 2027 ( USD Billion )
  2. Middle East & Africa Almond Milk Market By Region, From 2022 - 2027 ( USD Billion )
  3. Middle East & Africa Soy Milk Market By Region, From 2022 - 2027 ( USD Billion )
  4. Middle East & Africa Rice Milk Market By Region, From 2022 - 2027 ( USD Billion )
  5. Middle East & Africa Others Market By Region, From 2022 - 2027 ( USD Billion )
  6. Middle East & Africa Dairy Alternatives Market By Formulation, From 2022 - 2027 ( USD Billion )
  7. Middle East & Africa Plain Sweetened Market By Region, From 2022 - 2027 ( USD Billion )
  8. Middle East & Africa Plain Unsweetened Market By Region, From 2022 - 2027 ( USD Billion )
  9. Middle East & Africa Flavoured Sweetened Market By Region, From 2022 - 2027 ( USD Billion )
  10. Middle East & Africa Flavoured Unsweetened Market By Region, From 2022 - 2027 ( USD Billion )
  11. Middle East & Africa Dairy Alternatives Market By Application, From 2022 - 2027 ( USD Billion )
  12. Middle East & Africa Food & Beverages Market By Region, From 2022 - 2027 ( USD Billion )
  13. Middle East Dairy Alternatives Market By Type, From 2022 - 2027 ( USD Billion )
  14. Middle East Dairy Alternatives Market By Formulation, From 2022 - 2027 ( USD Billion )
  15. Middle East Dairy Alternatives Market By Application, From 2022 - 2027 ( USD Billion )
  16. Africa Dairy Alternatives Market By Type, From 2022 - 2027 ( USD Billion )
  17. Africa Dairy Alternatives Market By Formulation, From 2022 - 2027 ( USD Billion )
  18. Africa Dairy Alternatives Market By Application, From 2022 - 2027 ( USD Billion )

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