At a CAGR 15%, Global Dairy Alternative Beverages Market will grow steadily during 2015-2019: Segmentation - Soy Milk, Rice Milk, Almond Milk

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Market outlook of dairy alternative drinks

Technavios market research analyst predicts the global dairy alternative drinks market to grow steadily at a CAGR of approximately 15% between 2015 and 2019. The nutritional benefits of dairy alternative drinks are the key growth drivers of this market. Dairy alternative drinks are plant-based milk made from cereals, nuts, and seeds. Health issues such as lactose intolerance, milk allergy, and the genetic disorder such as Phenylketonuria can be resolved by taking dairy alternative beverages as these are plant based milk and are free from animal proteins. Moreover, they have low-fat and low-cholesterol levels, making them a popular choice for health-conscious consumers and vegans.

The growing demand for almond milk is expected to aid the market growth during the forecast period Almond milk is a good source of unsaturated fats, is rich in proteins and omega fatty acids, and is derived from natural almond oils. It helps in improving vision, strengthens the bone, maintains cardiovascular health, building strong muscles, aids in controlling the blood pressure, and can also be used as a substitute for breast milk.

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Product segmentation and analysis of the dairy alternative drinks market

Almond milk
Rice milk
Soy milk
Others (coconut milk, hazelnut milk, hemp milk, and oat milk)
The almond milk segment dominated the market during 2014, accounting for a market share of around 38%. Almond milk aids in improving the immune function and helps in reducing the risk of osteoporosis. Moreover, it contains no hormones and is prescribed by dermatologists to patients with acne.

Geographical segmentation and analysis of the dairy alternative drinks market

Americas
APAC
Europe
ROW

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Table of Contents

PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by product
Global dairy-alternative drinks market by product type
Global dairy-alternative drinks market by almond milk
Global dairy-alternative drinks market by soy milk
Global dairy-alternative drinks market by rice milk
Global dairy-alternative drinks market by other segment
PART 07: Geographical segmentation
Dairy-alternative drinks by geography
Dairy-alternative drinks market in APAC
Dairy-alternative drinks market in Americas
Dairy-alternative drinks market in Europe

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