Market Overview:
The global dairy replacer market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for dairy products, growing awareness about the benefits of dairy replacers, and increasing investments by key players in research and development (R&D) activities. On the basis of type, organic dairy replacers are expected to witness higher growth than conventional dairy replacers during the forecast period. This can be attributed to rising consumer preference for organic food products across the globe. On the basis of application, bakery is projected to be one of fastest-growing segments in global Dairy Replacer Market during 2018-2030 owing high consumption rates globally coupled with changing dietary habits among consumers towards healthier options such as bakery items made using diary replacer ingredients instead traditional milk or butterfat based ingredients .
Product Definition:
A dairy replacer is a food that is used to replace milk in the diet. They are often used by people who are lactose intolerant or who have dairy allergies. Dairy replacers can be made from soy, rice, or almond milk, and they come in a variety of flavors.
Organic :
Organic is a type of food product which has been produced through conventional farming practices without the use of synthetic fertilizers, growth hormones, antibiotics or any other type of chemical substances. Organic dairy products are gaining popularity among consumers owing to their health benefits and longer shelf life. The global organic market was valued at USD 63 billion in 2015 and is expected to grow at a CAGR close to 6% from 2016 to 2024.
Conventional:
Conventional refers to the feedstock used in animal nutrition. It can be categorized as crude, or refined depending on the degree of purification needed for commercial use. Crude conventional consists of a mixture of amino acids, carbohydrates and lipids whereas Refined conventional consists of individual components such as starch, glucose and lipid among others.
Application Insights:
The dairy & desserts application segment led the global dairy replacer market in 2017. This is attributed to rising demand for ice cream, yogurt, cheese and other related products. Dairy & desserts are followed by bakery applications due to increasing demand for bread and rolls. Beverage industry is expected to be the fastest-growing application segment over the forecast period owing to rising consumption of milk alternatives such as protein powder and fortified soy beverages among others.
Dairy replacements are widely used in beverage industry on account of various benefits such as reduced sugar content compared to regular milk or cow's milk along with nutritional additives that improve human health when consumed together with meals or without food in case of dietary supplements.
Regional Analysis:
North America dominated the global dairy replacer market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to high consumption of dairy products and increasing demand for plant-based alternatives in countries, such as U.S., Canada, and Mexico. Moreover, presence of major companies such as Sapiro Biotech Inc.; Otsuka Pharmaceutical Co., Ltd.; White Waves Services Inc.
Asia Pacific is anticipated to be one of the fastest growing regions during the forecast period owing to rising population coupled with increasing disposable income levels in developing economies including China.
Growth Factors:
- Increasing demand for dairy products from developing countries
- Rising awareness about the health benefits of dairy products
- Growing population and their increasing disposable income
- Technological advancements in the dairy industry 5. Stringent food safety regulations
Scope Of The Report
Report Attributes
Report Details
Report Title
Dairy Replacer Market Research Report
By Type
Organic , Conventional
By Application
Bakery, Confectionery, Dairy & Desserts, Beverage Industry, Foodservice Industry, Retail/Household, Others
By Companies
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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Dairy Replacer Market Report Segments:
The global Dairy Replacer market is segmented on the basis of:
Types
Organic , Conventional
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bakery, Confectionery, Dairy & Desserts, Beverage Industry, Foodservice Industry, Retail/Household, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The Dairy Replacer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic
- Conventional
- By Application:
- Bakery
- Confectionery
- Dairy & Desserts
- Beverage Industry
- Foodservice Industry
- Retail/Household
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dairy Replacer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dairy Replacer is a product that can be used to replace dairy in recipes. It is made from plant-based ingredients, so it doesn't contain any dairy.
Some of the major players in the dairy replacer market are 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.
The dairy replacer market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Dairy Replacer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Dairy Replacer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Dairy Replacer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Dairy Replacer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Dairy Replacer Market Size & Forecast, 2018-2028
4.5.1 Dairy Replacer Market Size and Y-o-Y Growth
4.5.2 Dairy Replacer Market Absolute $ Opportunity
Chapter 5 Global Dairy Replacer Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Dairy Replacer Market Size Forecast by Type
5.2.1 Organic
5.2.2 Conventional
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Dairy Replacer Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Dairy Replacer Market Size Forecast by Applications
6.2.1 Bakery
6.2.2 Confectionery
6.2.3 Dairy & Desserts
6.2.4 Beverage Industry
6.2.5 Foodservice Industry
6.2.6 Retail/Household
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dairy Replacer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Dairy Replacer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Dairy Replacer Analysis and Forecast
9.1 Introduction
9.2 North America Dairy Replacer Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Dairy Replacer Market Size Forecast by Type
9.6.1 Organic
9.6.2 Conventional
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Dairy Replacer Market Size Forecast by Applications
9.10.1 Bakery
9.10.2 Confectionery
9.10.3 Dairy & Desserts
9.10.4 Beverage Industry
9.10.5 Foodservice Industry
9.10.6 Retail/Household
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Dairy Replacer Analysis and Forecast
10.1 Introduction
10.2 Europe Dairy Replacer Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Dairy Replacer Market Size Forecast by Type
10.6.1 Organic
10.6.2 Conventional
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Dairy Replacer Market Size Forecast by Applications
10.10.1 Bakery
10.10.2 Confectionery
10.10.3 Dairy & Desserts
10.10.4 Beverage Industry
10.10.5 Foodservice Industry
10.10.6 Retail/Household
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Dairy Replacer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Dairy Replacer Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Dairy Replacer Market Size Forecast by Type
11.6.1 Organic
11.6.2 Conventional
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Dairy Replacer Market Size Forecast by Applications
11.10.1 Bakery
11.10.2 Confectionery
11.10.3 Dairy & Desserts
11.10.4 Beverage Industry
11.10.5 Foodservice Industry
11.10.6 Retail/Household
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Dairy Replacer Analysis and Forecast
12.1 Introduction
12.2 Latin America Dairy Replacer Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Dairy Replacer Market Size Forecast by Type
12.6.1 Organic
12.6.2 Conventional
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Dairy Replacer Market Size Forecast by Applications
12.10.1 Bakery
12.10.2 Confectionery
12.10.3 Dairy & Desserts
12.10.4 Beverage Industry
12.10.5 Foodservice Industry
12.10.6 Retail/Household
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Dairy Replacer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Dairy Replacer Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Dairy Replacer Market Size Forecast by Type
13.6.1 Organic
13.6.2 Conventional
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Dairy Replacer Market Size Forecast by Applications
13.10.1 Bakery
13.10.2 Confectionery
13.10.3 Dairy & Desserts
13.10.4 Beverage Industry
13.10.5 Foodservice Industry
13.10.6 Retail/Household
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Dairy Replacer Market: Competitive Dashboard
14.2 Global Dairy Replacer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cargill
14.3.2 Hain Celestial
14.3.3 Freedom Foods Group Limited
14.3.4 Lion (Kirin)
14.3.5 Nurs-ette Distributors
14.3.6 Bonsoy Beverage Co
14.3.7 The Bridge S.R.L
14.3.8 Alpro
14.3.9 Pacific Foods of Oregon, Llc.
14.3.10 American Soy Products
