The dairy alternative market is estimated to be worth US$ 23,082 million in 2024. The market is expected to rise at a CAGR of 7.3% and reach a valuation of US$ 46,832.6 million by 2034. The market growth is attributed to the rising health consciousness among individuals and the growing trend of adopting plant-based diets. The increase …
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Dairy Alternatives Market Set to USD 46,832.6 Million by 2034, Driven by Health and Lifestyle Shifts
Dairy Alternatives Market The dairy alternative market refers to the sector of the food industry that provides plant-based alternatives to traditional dairy products like milk, cheese, yogurt, and ice cream. These alternatives are typically made from sources such as nuts (e.g., almonds, cashews), soybeans, coconuts, oats, rice, and hemp. The global dairy alternatives market is …
Dairy Alternative Market to Surge to US$ 46,832.6 million by 2034 | Future Market Insights
The dairy alternative market is estimated to be valued at US$ 23,082 million in 2024. The demand for dairy alternatives is projected to rise at a CAGR of 7.3% from 2024 to 2034. The improved nutritional value and functional profile of plant-based dairy substitutes are expected to be a major development driver in the market. Nondairy beverages are thought to be …
Dairy Alternative Market: Expected to Reach US$ 46,832.6 Million by 2034, Analyzing Market Dynamics
The dairy alternative market is estimated to be valued at US$ 23,082 million in 2024. The demand for dairy alternatives is projected to rise at a CAGR of 7.3% from 2024 to 2034. The better nutritional value and functional profile of plant-based dairy substitutes are predicted to be a key growth driver for the industry forecast. Nondairy beverages are regarded to …