Global Plant Milk Market opportunity USD 21 billion by 2024
Market Study Report adds a new report Plant Milk Market is estimated to exceed USD 21 billion by 2024; according to a new research report.
The Plant Milk Market Report offers an inclusive and decision making overview, including definitions, classifications and its applications. The Plant Milk market is anticipated to reflect a positive growth trend in forthcoming years. The essential driving forces behind the growth and popularity of Plant Milk market is analyzed detailed in this report.
Market Segment by Manufacturers, this report covers
Ripple Foods, Danone, Archer-Daniels-Midland, WhiteWave Foods, Califia Farms, Hain Celestial Group, Daiya Foods and Freedom Foods.
North America plant milk market accounted for over 25% share in 2016. Higher incidence of lactose intolerance in Hispanic and Asian-American populations in the U.S. is major driving force for the plant milk market growth. According to National Institute of Children's Health & Human Development, in the U.S. around 30-50 million people are lactose intolerant. Rise in the number of dairy alternative including soy, almond, coconut and rice will fuel the overall revenue generation. Ongoing launch and projects in pipeline for a range of enhanced blends and flavors of non-dairy beverages from different sources are among key factors driving industry growth of plant milk market.
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Scope of Plant Milk Market:
This report focuses on the Plant Milk in global market, Increasing health issues owing to the use of bovine growth hormone into cattle to boost milk production has significantly hampered dairy industry. This has resulted in its ban from countries including Canada, the European Union, Australia, New Zealand, Japan, and Israel, hence fueling dairy alternative market. However, claims regarding hampered child growth due to use of dairy alternative product owing to lack of nutritional value compared to cow milk will restrain product adoption among young children.
Plant Milk Market, By Source
Soy
Almond
Rice
Coconut
Others (Hemp, Oats)
Plant Milk Market, By Sales Channel
Mainstream Stores
Specialty Stores
Others (online, natural food stores)
Plant Milk Market, By Formulation
Unsweetened
Sweetened
Plant Milk Market, By Packaging
Carton Packaging
Bottles
Pouches
For More Information: https://www.marketstudyreport.com/reports/plant-milk-market/?utm_source=emp&utm_medium=DC
Few Table of Contents:
TABLE 60. U.S. plant milk market estimates & forecast, 2013 - 2024 (Million Litres) (USD Million)
TABLE 61. U.S. plant milk market estimates & forecast by source, 2013 - 2024 (Million Litres)
TABLE 62. U.S. plant milk market estimates & forecast by source, 2013 - 2024 (USD Million)
TABLE 63. U.S. plant milk market estimates & forecast by sales channel, 2013 - 2024 (Million Litres)
TABLE 64. U.S. plant milk market estimates & forecast by sales channel, 2013 - 2024 (USD Million)
TABLE 65. U.S. plant milk market estimates & forecast by formulation, 2013 - 2024 (Million Litres)
TABLE 66. U.S. plant milk market estimates & forecast by formulation, 2013 - 2024 (USD Million)
TABLE 67. U.S. plant milk market estimates & forecast by packaging, 2013 - 2024 (Million Litres)
TABLE 68. U.S. plant milk market estimates & forecast by packaging, 2013 - 2024 (USD Million)
TABLE 69. Canada plant milk market estimates & forecast, 2013 - 2024 (Million Litres) (USD Million)
TABLE 70. Canada plant milk market estimates & forecast by source, 2013 - 2024 (Million Litres)
TABLE 71. Canada plant milk market estimates & forecast by source, 2013 - 2024 (USD Million)
TABLE 72. Canada plant milk market estimates & forecast by sales channel, 2013 - 2024 (Million Litres)
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Posted by
Chetan Channe
on Friday April 20 2018, 10:27 AM EDT.
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