Market Trends

The Global Dairy Alternatives Market has recorded $10,139.8m in 2017 and it is estimated to surpass $15,720m by 2023 growing at an estimated rate of more than 9.9% during 2018 to 2023. Almond and Soy Milk are witnessed as fast growing in the market with almost 40% and 37% globally. This rise is due to the nutrition elements present in them such as calcium, vitamins and proteins. In case of Formulation category sweet flavor steals 62% of market share by dominating others.  What is Dairy Alternatives (Beverage) Market? Non-dairy milk options are comparatively more economically viable, tasty and nutritious at the same time. They are made up of different types of nuts and seeds and with sweet and non-sweet formulation. This food sources are really important part for a healthy, balanced diet as these contains proteins and vitamins, but most preferably calcium which is essential for strong & healthy bones. Non-dairy milk could grow even more in the future with the addition of more healt