As per a recent survey by insightSLICE, The global Plant-based Dairy market size is expected to reach USD 30.5 billion by 2031, exhibiting a CAGR of 11.7% during the forecast period 2021-2031. Discrete aspects, namely, broad endorsement efforts by celebrities and competitors to energize the utilization of vegan items, to keep up with healthy way of life along with the simple item accessibility through amplifying on the web retail channels, are anticipated to drive the market further.
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Competitive Landscape
Some of the major players in the Plant-based Dairy market are Danone SA, The Hain Celestial Group, Inc., Sahmyook Foods, Sanitarium Health and Wellbeing Company, Axiom Foods, Inc., Daiya Foods, Inc. (A Part of Otsuka Pharmaceutical Co., Ltd.), Earth’s Own Food Company, Inc., Vbites Food, Ltd., Sunopta Inc., Valsoia Spa, Freedom Foods Group Limited, and others.
Players in the Plant-based Dairy market are mainly concentrating on new product launches, acquisition, and collaboration to meet the growing demand for various end-use industries. New product launches help companies to strengthen their product portfolio and meet the specific demands of customers.
The report discusses key information about major growth drivers, restraints, opportunities, and trends observed in the global Plant-based Dairy market. Factors such as market projections, the supply-demand ratio, market size, market attractiveness, technological advances, and key segments have been studied in detail. The Plant-based Dairy market shares, product portfolios, and business strategies of the major market players have been revealed, along with authentic statistical data, figures, charts, and tables.
Segmentation Overview:
Based on Source
Based on Product type
Based on Distribution Channel
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Why you should buy this report
The Plant-based Dairy Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the healthcare market.
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About Us:
insightSLICE is a market intelligence and strategy consulting company. The company provides tailor-made and off the shelf market research studies. The prime focus of the company is on strategy consulting to provide end-to-end solutions.
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