Market Research Future (Food and Beverages) Dairy Alternative Market Research Report | Página 4

Global Dairy Alternative Market Research Report- Forecast to 2022
Sample Pages
Segment:
Based on source, the global market for dairy alternative has been segmented in coconut milk, almond milk, rice milk,
soy milk and others. Among these, the soy milk segment currently commands for more than 54% market share and
is likely to retain its dominance over 2022. Based on application, the market is segmented into food and beverages.
By formulations, the market is segmented into flavoured and plain. Based on distribution channel, the market is
segmented into non-store based and store based. The later is further sub-segmented into pharmacy, health &
wellness, convenience stores, supermarkets & hypermarkets and others.
Regional Overview:
On the basis of region, the market is segmented into Asia Pacific (APAC), Europe, North America, and Rest of the
world. APAC is expected to remain the most lucrative market for dairy alternative throughout the assessment period.
Presence of a wide pool of consumer coupled with increasing food awareness is playing an important role propelling
the market in the region. During the forecast, Europe and North America are also likely to remain important markets
for dairy alternative. Increasing trend of vegan diet in various European countries is fuelling the demand for dairy
alternative in the region.
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