Dairy Alternatives Market 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 …
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Dairy Alternatives Market Revolution: Poised to Surpass US$ 47.1 Billion by 2033 with a Strong CAGR of 8.3%
The dairy alternatives market was worth US$ 21.2 billion in 2023 and is expected to grow to US$ 47.1 billion by 2033, with an 8.3% CAGR from 2023 to 2033. 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 be lower in nutrients than …
Dairy Alternatives Market Surges to US$ 47.1 Billion with an CAGR of 8.3%
The dairy alternatives market was worth US$ 21.2 billion in 2023 and is expected to grow to US$ 47.1 billion by 2033, with an 8.3% CAGR from 2023 to 2033. 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 be lower in nutrients than …
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Dairy Alternatives Market Size 2022 By Key Players, Competition Tracking, Applications & Forecast 2032
Predominantly driven by considerably high prevalence of lactose intolerance, dairy alternatives continue to witness healthy sales at a global level. Once a niche sector in food industry, dairy alternatives are estimated to be valued at US$ 31,369.4 Mn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach US$ 123,634.7 Mn …