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Middle East and Africa Dairy Alternatives Market Research Report – Segmented By Type, Formulation, Application and Country (KSA, UAE, Israel, rest of GCC countries, South frica, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA) – Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029)

Published: March, 2023
ID: 2425
Pages: 145
Formats: report pdf report excel report power bi report ppt

Middle East and Africa Dairy Alternatives Market Size (2024 to 2029)

The market size of dairy alternatives in the Middle East and Africa was worth USD 1.35 billion in 2023. The MEA market is estimated to be growing at a CAGR of 12.48% from 2024 to 2029 and be worth USD 2.73 billion by 2029 from USD 1.52 billion in 2024.

Dairy alternatives have 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 amounts of nutrients, vitamins, and calcium with the same contentment as cow’s milk. Dairy milk was the healthiest food in the past, but increasing allergic consumers would decrease the demand for dairy products in the future.

Food and beverages 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.

The market is driven by the rapid demand for dairy alternative products in the Middle East & Africa region. In recent times, South Africa, Israel, and Egypt have observed a high demand for dairy alternatives, majorly due to growing environmental concerns and changes in lifestyle and eating patterns. 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 factor restraining the growth of the dairy alternatives market is the high cost associated with the consumption of dairy alternatives.

This research report on the Middle East and Africa dairy alternatives market has been segmented and sub-segmented based on the following categories.

Middle East and Africa Dairy Alternatives Market - By Type:

  • Almond Milk
  • Soy Milk
  • Rice Milk
  • Others

Middle East and Africa Dairy Alternatives Market - By Formulation:

  • Plain Sweetened
  • Plain Unsweetened
  • Flavoured Sweetened
  • Flavoured Unsweetened

Middle East and Africa Dairy Alternatives Market - By Application:

  • Food & Beverages
  • Others

Middle East and Africa Dairy Alternatives Market - By Country:

  • KSA
  • UAE
  • Israel
  • Rest of the GCC Countries
  • South Africa
  • Ethiopia
  • Kenya
  • Egypt
  • Sudan
  • Rest of MEA

KEY MARKET PLAYERS:

Companies playing a significant role in the Middle East and Africa dairy alternatives market include 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 and Eden Foods, Inc.

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