The global Dairy Replacer market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Dairy replacer are the food ingredients which are used in food products in place of dairy products. Most of the dairy replacer are the plant-based ingredients which are produced from the plant source. The trend of veganism and health-related concerns such as lactose intolerance are the primary factor which has created the market for dairy replacer. The substitute for dairy products include-soy milk, almond milk, rice milk, cashew milk, corn milk, yeast and many more. Soy milk has been the most popular dairy replacer as its nutrition resemblance to cows milk. Calcium content in hemp milk is found more beneficial than dairy milk. Nutritional yeast is an alternative of cheese. Additionally, consumers have started the consumption of olive oil instead of dairy butter due to its high saturated fat content. Lots of dairy-free yogurts are made from soy milk or nuts milk.
This report aims to provide a comprehensive presentation of the global market for Dairy Replacer, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Dairy Replacer. This report contains market size and forecasts of Dairy Replacer in global, including the following market information:
Global Dairy Replacer Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Dairy Replacer Market Sales, 2018-2023, 2024-2032, (Tons)
Global top five Dairy Replacer companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Organic Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Dairy Replacer include Cargill, Hain Celestial, Freedom Foods Group Limited, Lion (Kirin), Nurs-ette Distributors, Bonsoy Beverage Co, The Bridge S.R.L, Alpro and Pacific Foods of Oregon, Llc., etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Dairy Replacer manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Dairy Replacer Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (Tons)
Global Dairy Replacer Market Segment Percentages, by Type, 2022 (%)
Global Dairy Replacer Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (Tons)
Global Dairy Replacer Market Segment Percentages, by Application, 2022 (%)
- Bakery
- Confectionery
- Dairy & Desserts
- Beverage Industry
- Foodservice Industry
- Retail/Household
- Others
Global Dairy Replacer Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (Tons)
Global Dairy Replacer Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Dairy Replacer revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Dairy Replacer revenues share in global market, 2022 (%)
- Key companies Dairy Replacer sales in global market, 2018-2023 (Estimated), (Tons)
- Key companies Dairy Replacer sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Cargill
- Hain Celestial
- Freedom Foods Group Limited
- Lion (Kirin)
- Nurs-ette Distributors
- Bonsoy Beverage Co
- The Bridge S.R.L
- Alpro
- Pacific Foods of Oregon, Llc.
- American Soy Products
Outline of Major Chapters:
Chapter 1: Introduces the definition of Dairy Replacer, market overview.
Chapter 2: Global Dairy Replacer market size in revenue and volume.
Chapter 3: Detailed analysis of Dairy Replacer manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Dairy Replacer in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Dairy Replacer capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
