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World Dairy Alternative Beverage Sector to Post 15% CAGR Through 2018, According to M&M Report Available at MarketPublishers.com
Date:12/3/2013

London, UK (PRWEB) December 03, 2013

With the growing number of consumers demanding the products that exert positive influences on physical health, the market for dairy alternative beverages is gaining momentum worldwide. In the next five years, the overall market is expected to register 15% CAGR to be valued at USD 14 billion by 2018-end. As of 2012, the soy milk category led the market in volume and value terms. Geography-wise, APAC is projected to remain the biggest dairy alternative beverage marketplace, as well as is set to be the most rapidly growing one in the offing. The North American market, led by the USA, owes its growth mainly to the rising amount of vegans and health-conscious consumers.

The major companies exploit a diversity of channels in order to promote their products. Thus, some of the industry behemoths, like US-based The Hain Celestial Group Inc and Turtle Mountain LLC, invest in R&D programmes to develop innovative dairy alternative beverages, whilst some of them, such as Sweden-based Oatly AB and others, focus on adopting expansion strategies to enhance their dairy alternative product portfolio and approach new geographical markets.

Insightful market research study “Dairy Alternative (Beverage) Market by Type (Soy, Almond, Rice), Formulation (Plain, Flavored, Sweetened, Unsweetened), Channel (Supermarket, Health Store, Pharmacy, Convenience Store) & Geography - Global Trends & Forecast to 2018” worked out by MarketsandMarkets (M&M) has been recently published by Market Publishers Ltd.

Report Details:

Title: Dairy Alternative (Beverage) Market by Type (Soy, Almond, Rice), Formulation (Plain, Flavored, Sweetened, Unsweetened), Channel (Supermark
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