North America Dairy Alternative Market Worth $4517 Million by 2018 Jul. 2014 | Page 2 Related Reports European Dairy Alternative Market Europe is the third largest market in the global dairy alternatives market, projected to grow at a CAGR of 9.0%, from 2013 to 2018. In Europe, the demand for dairy alternative beverages was initially from consumers who suffered from lactose intolerance. However, the demand for dairy alternative beverages has widened in recent years. The manufacturers in “The Dairy Europe focus on new product development with new launches alternative that include soy juice mixes and fresh soy drinks. The mainstream retailers recorded the maximum sales of dairy European market alternative beverages. will reach $2082.1 million by the end of 2018.” Asia-Pacific Dairy Alternative Market The Asia-Pacific region is the largest market for dairy alternative beverages. The soy milk and the other dairy alternative beverages market are growing as manufacturers launch new products for specific customer segments. In the Asia-Pacific region, soy milk was initially bought as a soft drink. However, product innovations made it popular as a functional beverage and dairy alternative. The food manufacturers launched soy milk forms to meet the increasing consumer demand for health beverages, pasteurized soy milk as dairy alternatives, and novel flavors of soy drinks. Soy milk, rice milk, and so on are widely consumed by consumers as a traditional beverage in the Asia-Pacific region. About MicroMarketMonitor: MicroMarketMonitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market. Contact: Mr. Chandrasekhar