Market Research Future (Food and Beverages) Global Dairy Alternative Market Research Report | Page 3

Global Dairy Alternative Market Research Report- Forecast to 2022 2 Market Overview The foodservice industry plays a key intermediary role between producers and processors at one end and consumers at the other end. The consolidation and market concentration of foodservice industry creates multitude of opportunities for the market growth of dairy alternative market. Evolving economic standards and social habits coupled with trend of fast-food consumption has considerably impacted the growth of in-store restaurants, take-away shops, or pub- restaurants. Today, dairy alternative is commercially available in great abundance and is far beyond the concept of convenience. Socio-economic factors, demographic trends, changing dietary pattern, industrial players focusing on youth marketing considering the food habits of youth are certain factors supporting the sales of dairy alternative at the global level. There has been increasing incidence of lactose intolerance across the globe. People who are lactose intolerant lack enzyme (lactase) in their small intestine to break down all of the lactose consumed. Lactose intolerance encompass dairy products allergy, disaccharide deficiency, lactase deficiency or milk intolerance and the partially digested or undigested lactose leads to pain, abdominal bloating, diarrhoea, skin problems, sleep disturbances, tiredness and other health problems. Intended Audience:       Dairy alternative manufacturers Raw material suppliers End users Retailers and wholesalers E-commerce companies Traders, importers and exporters Page | 3 Copyright © 2017 Market Research Future.