North America Dairy Alternatives Market Revenue Forecasted to Cross USD 21 Bn by 2027, Driven by Rising Lactose Intolerance and Consumer Awareness: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Market Overview Dairy alternatives are food and beverages that can be utilized as a substitute for dairy. These are consequent from plants and are considered a very health alternative to dairy. Soy milk, rice milk, and almond milk are among the most prevalent choices for dairy alternative universal. Dairy alternatives are considered healthy due to existence of a number of indispensable vitamins and minerals. They are also low on the fats, cholesterol and have zero concentration of lactose. Dairy alternatives have been very prevalent in the mature and emerging market. This can be accredited to increase in the number of individuals allergic to dairy. Furthermore, growth in health awareness and growth in the disposable income have aided the dairy alternatives US market growth. Moreover, introduction of supplementary healthy ingredients by dissimilar market players are some other aspects that further propel the growth of the market. Market Revenue Forecast According to the latest market analysis report by Ken Research, ‘North America Dairy Alternatives Market Outlook and Forecast to 2027 – Driven by Rising Consumer Awareness, Prevalence of Lactose Intolerance, and Nutritional Benefits of Dairy Alternatives’ the Dairy Alternatives Market in North America is predicted to observe strong growth of over 8% during the next five years and forecasted to cross USD 21 Bn by 2027, driven by increasing prevalence of milk allergies and lactose intolerance among population of North America and the rising awareness about dairy alternatives as solution for dealing with such problems. The report broadly classifies this market into 4 segments – by Source Type, by Formulation Type, by Application Type and by End User Industry. In addition, it covers Geographic segmentation analysing major countries market in detail. According to the findings of this Ken Research report, among the market segments, Almond leads in terms of source type while Food & Beverages is the leading end user industry in this market. And Canada is the fastest growing individual country market within entire region. Market Growth Drivers and Challenges The effective growth in popularity of lactose-free products, entailing the milk among individuals is projected to boost the dairy alternatives market growth during the forthcoming years. In addition, the growing health awareness among consumers, remarkably those who are unable to digest lactose, has resulted in the rising consumption of lactose-free products as they typically assist in the absorption of calcium which assistances in building and repairing muscle tissue/cells. For instance, across the U.S as per available data, volume of value-added milks, involving lactose-free, non-dairy milk, and organic milk augmented ~15% during 2021 compared to the prior year, while traditional milk volumes weakened by ~7%. Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTYyNzky The growing consumers’ environmental concerns which are positively influencing the adoption of dairy alternatives in US and other countries. They typically use less land, water to introduce vegan milks, and emit lower carbon emissions which assists in mitigating the effects of global warming and advance the air quality. As per available data, livestock accounts for approximately 15% of global greenhouse gas emissions, with the dairy industry holding the greatest share. The lack of consumer awareness concerning dairy-free products is one of the foremost challenges to the growth of the dairy alternatives market. The shortage of nutritional awareness is probable to be a concern for those who eat a healthy balanced diet and do not reliant solely on milk as an imperative protein source. The continued buy of dairy products by consumers designates that the portfolio of dairy alternatives has yet to seizure the potential customer base. Key Trends and Opportunities The market is obtaining momentum and witnessing high requirement owing to the shift in consumer eating patterns and variations in diet trends. The growing occurrences of milk allergies and lactose intolerance cases are projected to propel the requirement for dairy alternatives further over the review period. Several food and beverage products are thus making usage of the product to appeal to the increasing consumer base that is opting for plant-based and several other dairy alternatives. As the popularity of dairy alternatives grows, a large variety of ingredients will be used to expand the product line. Ingredients, including soy, hemp, coconut, almond, oat, and rice are frequently identified due to their ability to provide high levels of protein and nutritional value to the consumer. The availability of numerous sweetened, and unsweetened flavours of dairy alternatives is boosting its demand, particularly among the youth, and young adults. Ken Research also observed that COVID-19 pandemic had a positive impact on this market. During the months of lockdowns, numerous individuals, particularly those affected by the virus, have shifted their purchasing preferences towards dairy alternatives. Furthermore, many manufacturers of dairy alternatives have seen a significant increase in the sale of dairy alternative products through e-commerce platforms rather than retail stores since 2020 due to the store closure across countries. Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTYyNzky Key Segments Covered in North America Dairy Alternatives Market: – North America Dairy Alternatives Market by Source Soy Almond Oats Coconut North America Dairy Alternatives Market by Application Milk Cheese Yoghurt Ice Creams North America Dairy Alternatives Market by Formulation Plain Flavoured North America Dairy Alternatives Market by Type of End User Industry Food & Beverages Nutraceuticals, Health and Wellness FMCG North America Dairy Alternatives Market by Geography and Major Countries U.S. Canada Mexico Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report: Non-Dairy Products Manufacturers Vegan Dairy Products Manufacturers Lactose-Free Products Manufacturers Raw Material Suppliers for Non-Dairy Products Potential Investors in Plant-Based/Vegan Food and Beverages Plant-based Food & Beverages Distributors Dairy Alternatives Advocacy Groups Plant-Based Food Manufacturers Plant-Based Food Distributors Non-Processed Food Manufacturers Mineral Food Manufacturers Start-Up Companies in Dairy Alternatives Market Dairy Alternatives Food Research Groups Organic Food Research Groups Allied Industries for Dairy Alternatives Market Vegan Food & Beverages Distributors Food & Beverage Industry Testers and Processors in Dairy Alternatives Industry Time Period Captured in the Report: Historical Period: 2017-2021 Forecast Period: 2022-2027F Major Dairy Alternatives Product Companies in North America Mentioned in the Report: Danone SunOpta Inc. Blue Diamond Daiya Foods Inc. Oatly Inc. Sahmyook Food Earth’s Own Food Company Inc. Pacific Foods of Oregon, LLC. Eden Foods Inc. Kite Hill Notable Emerging Dairy Alternatives Product Companies in North America Mentioned in the Report: Miyoko’s Creamery Betterland Foods New Culture Nuts for Cheese Bettermoo(d) BetterMilk Inc. Heartbest Sigma Alimentos For More Information on the research report, refer to below link: – North America Dairy Alternatives Market Outlook and Forecast to 2027 Related Reports by Ken Research: – Indonesia Dairy Food Market Outlook to 2025 – Yoghurt & Soul Milk Products coupled with Cheese Segment to Drive Market Growth Somalia Milk Powder Market Outlook to 2025 –Increasing Demand-Supply Gap for fresh milk due to Seasonal Fluctuations and Higher Shelf Life for Milk Powder to Drive Market Growth Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications Support@kenresearch.com +91-9015378249 Tags: Bettermoo(d) North America Dairy Alternatives Company Profile, Blue Diamond Dairy Alternatives Company SWOT Analysis, Canada Dairy Alternatives Industry, Canada Dairy Alternatives Market, Competitors Analysis of Major Dairy Alternatives Companies North America, Competitors in Dairy Alternatives Market North America, Covid 19 Impact on the North America Dairy Alternatives Market, Covid Impact on the North America Dairy Alternatives Market, Dairy Alternatives Advocacy Groups in North America, Dairy Alternatives Demand in North America Market, Dairy Alternatives Services Providers in North America, Danone North America Dairy Alternatives Company Profile, Eden Foods North America Dairy Alternatives Company SWOT Analysis, Future Outlook of North America Dairy Alternatives Market, Growth Opportunities in North America Dairy Alternatives Market, Heartbest North America Dairy Alternatives Company SWOT Analysis, Impact of Covid-19 on North America Dairy Alternatives Market, Kite Hill North America Dairy Alternatives Company Profile, Lactose-Free Products Manufacturers in North America, Leading Players in North America Dairy Alternatives Market, Major Dairy Alternatives Companies in North America, Mexico Dairy Alternatives Industry, Mexico Dairy Alternatives Market, Non-Dairy Products Manufacturers in North America, North America Dairy Alternative Market, North America Dairy Alternatives Industry, North America Dairy Alternatives Industry Research Report, North America Dairy Alternatives Market, North America Dairy Alternatives Market Analysis, North America Dairy Alternatives Market Companies, North America Dairy Alternatives Market Forecast Analysis, North America Dairy Alternatives Market Growth Rate, North America Dairy Alternatives Market Major Players, North America Dairy Alternatives Market Research Report, North America Dairy Alternatives Market Revenue, North America Dairy Alternatives Market Segmentation, North America Dairy Alternatives Market Size, North America Dairy Alternatives Market Value in USD Billion, North America Dairy substitute Industry, North America Dairy substitute Market, North America Daiya Foods Company SWOT Analysis, Oatly Dairy Alternatives North America Company Profile, Plant-based Food & Beverages Distributors in North America, Potential Investors in Dairy Alternative Product in North America, Raw Material Suppliers for Non-Dairy Products in North America, Sahmyook Food North America Dairy Alternatives Company Profile, SunOpta North America Dairy Alternatives Company Profile, US Dairy Alternatives Industry, US Dairy Alternatives Market, Vegan Dairy Products Manufacturers in North America