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

Global Dairy Alternative Market Research Report- Forecast to 2022
3 Sample Pages
The global dairy alternative market has been segmented on the basis of source such as Soy milk, almond milk,
coconut milk, rice milk and others. Soy milk is estimated to account maximum market proportion of 54.3% by the end
of 2017.
It is projected to retain its dominance during the forecast period of 2017-2022. On the basis of application, global
dairy alternative market has been segmented into food & beverages. On the basis of formulations, global dairy
alternative market has been segmented into plain & flavored.
On the basis of distribution channel, global dairy alternative market has been segmented into store based and non-
store based.
Store based segment has been segmented into supermarkets & hypermarkets, health & wellness, pharmacy,
convenience stores and others.
Regional Analysis:
The global dairy alternative market is segmented into North America, Europe, Asia Pacific and Rest of the world.
Among these, Asia Pacific is projected to retain its dominance throughout the forecast period. Robust economic
growth, rising urbanization, explosion of in the middle class population are the significant factors of the growth of
dairy alternative in Europe region. Also, vegan diet is gaining acceptance in the European countries which is
anticipated to fuel the growth of dairy alternative during the forecast period. North America region is also projected
to register a healthy growth of 14.63% during the forecast period of 2017-2022.
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