Published Date : May 22, 2017
ALBANY, New York, May 22, 2017 – The global plant-based milk market has been forecasted to achieve a sturdy impetus on account of the rise of critical driving factors such as unendingly growing global population and tellingly increasing healthcare expenditure worldwide. MarketResearchReports.biz has added a market intelligence publication to its beverages archive, titled “Global Plant Based Milk Market: Size, Trends & Forecasts (2017-2021),” which exposes some of the crucial trends, opportunities, and other critical aspects. These could help players gain significant traction in the world plant-based milk market.
The snowballing popularity of dairy-alternative beverages witnessed on a global platform could augment the demand for milk-alternatives, much to the advantage of the world plant-based milk market. The consumption of milk-alternative products has been anticipated to not only be reinforced in developed regions such as North America but around the globe. Different sources such as seeds, nuts, cereals, and legumes, variants such as coconut, rice, almond, and soy milk, and various processes applied on milk could be vital for classifying products and finding auspicious prospects in the world plant-based milk market.
The report compiled on the world plant-based milk market has correspondingly shed light on animal-based variants of milk, considering common mammalian sources such as sheep, goat, and cow, fat content classifications such as fat free, low fat, reduced fat, and full cream or whole, and flavor. Buyers of the report have also been provided with a profound reports of the world dairy and milk markets according to value, volume, value by region, volume by region, price, and segments.
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Players making business in the international plant-based milk market could be exposed to a few challenges that have been expected to impede demand. These could be less source of protein, cross contamination of raw materials, hostile effects on health, and high price. However, the growth in the international plant-based milk market has been prognosticated to be encouraged by industry trends such as higher shelf-life of alternative milk products, global dairy trade (GDT), scope of alternative milk products, no cold supply chain, and nutritious value and environmental effects in comparison with those of dairy milk. Furthermore, the growing size of vegan and obese populations and multiplying incidences of lactose intolerance and dairy allergies could aggravate the demand in the international plant-based milk market.
The regional scope of the international plant-based milk market discussed in the report sprawls across key geographies such as the Middle East and Africa (MEA), Latin America, Australasia, North America, Europe, and Asia Pacific. Each of the regional markets have been meticulously evaluated based on vital aspects such as value and penetration.
Amongst the important companies in the international plant-based milk market, the authors of the report have profiled Daiya Foods Inc., Hain Celestial Group, Inc., WhiteWave Foods, and Archer-Daniels-Midland. Almost all of these top players have been studied based on their financial, business, and business strategy aspects. The competitive landscape section of the report assesses players functioning in the North America and Western Europe regions and share of players in the U.S. geography of the international plant-based milk market.
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