Authored By: Sarah
29 Oct 2023

Dairy Alternatives Market Market Growth Analysis | Archer Daniels Midland Co., Blue Diamond Growers, Borges Agricultural and Industrial Nuts SA are Market Pioneers

Competitive Benchmarking and  Forecasts for Core Companies 2023-2027

According to Technavio’s market research, Dairy Alternatives Market is estimated to grow at a CAGR of 10.85% between 2022 and 2027 followed by a humongous revenue growth of USD 18,494.25 Mn.

Key Market Players and their Key Offerings: When it comes to the key market placers in the n the global dairy alternatives companies are organic fruit, plant, and ingredient-based dairy alternatives,they also provide complete product information to consumers on the packaging, such as the list of ingredients, as well as the sources of fruits and ingredients.

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Snapshot of Dairy Alternatives Market

Some Key Offerings include

  • Archer Daniels Midland Co offers dairy alternatives such as Ice cream and frozen desserts, Butter and spreads, and plant-based protein.
  • Borges Agricultural and Industrial Nuts SA offers dairy alternatives under the subsidiary of Borges International Group S.L.
  • Califia Farms LLC offers dairy alternatives such as organic oat milk, unsweetened almond milk, oat barista blend, and original almond barista blend.

Some of the prominent names are Dohler GmbH, Earths Own Food Co. Inc., Eden Foods Inc., GreenSpace Brands Inc., J M Huber Corp., Living Harvest Foods, MALK Organics, Mariani Nut Co., Oatly Group AB, Otsuka Holdings Co. Ltd., PANOS Brands LLC, Sanitarium, SunOpta Inc., etc. Our report includes qualitative and quantitative analyses of market leaders with a wider understanding of the business ecosystem. 

Technavio's research report provides insights into the top market players and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors market players must distinguish their product and service offerings through a clear and unique value proposition. Download our sample report for more insights on the​​​​​​ Dairy Alternatives Market

Dairy Alternatives Market Highlights

  • The Dairy alternatives market is segmented by Distribution Channel (Supermarkets and hypermarkets, Convenience stores, Online retail, and Others ), Product (Beverages-based dairy alternatives and Food-based dairy alternatives ), and Geography (APAC, North America, Europe, South America, and Middle East and Africa).
  • APAC led the market with 36% of the market growth set to originate from this region during the forecast period.
  • Growth of the organized retail sector is one of the primary factors driving the growth of the dairy alternatives market. The report provides a detailed study of this and all the other drivers that will boost market growth. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals.

Quick Info: Organic dairy alternatives are mainly manufactured from fruits, plants, and ingredients that are free of synthetic herbicides, fertilizers, and pesticides. Some of the main factors that influence the cultivation of organic fruits, plants, and ingredients are biodiversity, ecological processes, and growth cycles that are adapted to local climatic conditions.

Browse through our related report to know more on this: Dairy Alternative Plant Milk Beverages Market by Distribution Channel, Source and Geography-Forecast and Analysis 2023-2027

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