North America Dairy Alternative Market Worth $4517 Million by 2018 Jul. 2014

North America Dairy Alternative Market Worth $4517 Million by 2018 The global dairy alternative beverage market is projected to reach a value of $14 billion by 2018. The market for plant-based dairy alternative beverage grows with the increasing demand for healthy products and support from the government and health associations. The increasing demand is also attributed to the nutritional and health benefits provided by “The North these beverages. Consumers demand new products and options American dairy for dairy alternatives. The leading companies continue to alternatives invest in R&D programs to develop new products with market is different flavors to satisfy their consumers’ needs. The market expected to grow is projected to grow with an increasing number of lactoseat a CAGR of intolerance, milk allergy, vegans, and so on. Soy milk 13.0 % from dominated the market, both in terms of value and volume. 2013 to 2018.” The North American dairy alternatives market is expected to grow at a CAGR of 13.0 % from 2013 to 2018. North America has a large number of dairy alternative beverage companies. The companies introduce new varieties of dairy alternative beverages to satisfy consumer preferences. Soy milk has the largest market for dairy alternative beverages in North America, but faces tougher competition from other dairy alternative beverages such as almond milk, rice milk, and so on. Rice, hazelnut, and hemp milk are also growing in the dairy alternative market as they have calcium content and other nutritional benefits similar to that of soy milk. .Get Free 10% Customization in This Report Browse through the market data tables, figures and detailed TOC on the “North America Dairy Alternative Market”. Email: [email protected] Tel: +1-888-502-0539