#Plant-Based Milk Market CAGR

[joeypetter]

Plant-Based Milk Market 2022| Future Outlook by Key Players, Size, Share and Forecast 2022-2030 By R&I

A report titled “Plant-Based Milk Market: Opportunity Analysis and Future Assessment 2022-2030” has been added on Reports and Insights. In the market analysis 2022, the economic outlook is screened from driving factors to upstream markets and the comprehensive status of the market. An in-depth evaluation of the entire growth vistas for the overall and regional market is offered which is primarily based on a thorough evaluation of leading industry players, primary and secondary data. 

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Plant-Based Milk Introduction

Plant based milk can be understood as a kind of plant beverage with a color similar to that of milk. Plant based milks are basically non-dairy beverages developed from a water-based plant extract for aroma and flavoring. Plant based milks are consumed as replacements to milk, and by and large offer a milky and buttery mouthfeel. There are roughly around 17 various kinds of plant milks; among which oat, almond, coconut, and soy are the biggest-selling all around the world. It is significant to note that plant-based beverages have been used up for centuries, with the name "milk-like plant juices", since the 13th century. In present times, they are oftentimes pertained to as alternative milk, plant-based milk, non-dairy milk or vegan milk.

Attributing to its higher nutritional values and rich in minerals, vitamins, proteins and carbohydrates, plant-based milk is broadly recognized among consumers. It has several different applications in the dairy industry, food and beverage, and cosmetic industry. By virtue of rising awareness with regard to plant milk and its nutritional values among the consumers, the global plant-based milk market is projected to grow significantly in the following years.

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Plant-Based Milk Market Segmentation

The global plant-based milk market is segmented on the basis of category, form, source, product type, flavor type, end use, and region.

By Category

Organic

Conventional

By Form

Liquid

Powder

By Source

Fruits

Rice

Nuts

Soy

Others

By Product Type

Soy Milk

Almond Milk

Coconut milk

Cashew Milk

Hemp Seed Milk

Rice Milk

Oat Milk

Peanut Milk

Pea Milk

Hazelnut Milk

Macadamia Milk

Flax Milk

Walnut

Other Product Types (Spelt Milk, Banana, etc.)

By Flavor Type

Original/Unflavored

Flavoured

Chocolate

Vanilla

Strawberry

Coconut

Mocha

Berry

Hazelnut

Other

By End-Use

Infant Formula

Dairy Products

Milk

Cheese

Yogurt

Butter

Spreads

Ice Cream

Frozen Dessert

Bakery & Confectionary

Milk & Milk-based Beverages

Retail Sales

By Sales Channel

Direct Sales

Indirect Sales

Modern Trade

Convenience Store

Departmental Store

Traditional Store

Specialty Store

Online Retailers

Other Sales Channel

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Africa

Plant-Based Milk Market Key Players

Some of the key participating players in global Plant-Based Milk market are:

Groupe Danone

Alpina Foods

Blue Diamond Growers, Inc.

Döhler GmbH

Earth’s Own Food Company Inc

Elden Foods Inc

Freedom Foods Group Ltd

Goya Foods

Hain Celestial Group, Inc

Kaslink Foods Oy Ltd

Living Harvest Foods Inc

Liwayway Holdings Company Limited

Mc Cormick & Co.

Natura Foods

Nutriops SL

Organic Valley.

Pacific Foods of Oregon, Inc.

To view Top Players, Segmentation and other Statistics of Plant-Based Milk Market Industry, Get Sample Report @: https://reportsandinsights.com/sample-request/5917

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Lactose Intolerance Market Growth, Opportunities and Industry Forecast Report 2034

Lactose intolerance is a digestive disorder where individuals cannot digest lactose, a sugar found in milk and dairy products. This has led to a significant demand for lactose-free products, including dairy alternatives and enzyme supplements, creating a thriving market. The lactose intolerance market is expected to see strong growth in the coming years, driven by rising lactose intolerance cases, particularly in Asia-Pacific, where a large percentage of the population is affected.

The  lactose intolerance Market related products, including lactose-free foods, beverages, and lactase supplements, has witnessed strong growth. The global lactose-free market was valued at around USD 12 billion in 2022 and is projected to reach USD 18-20 billion by 2030, growing at a compound annual growth rate (CAGR) of approximately 6-7%. The rising consumer awareness about the digestive issues associated with lactose intolerance is a key factor driving this growth.

Get a Sample Copy of Report, Click Here: https://wemarketresearch.com/reports/request-free-sample-pdf/global-lactose-intolerance-market/1521

Lactose Intolerance Market Drivers

Several factors are driving the growth of the lactose intolerance market:

Increasing Prevalence: Studies indicate that over 65% of the global population has some degree of lactose intolerance, leading to higher demand for solutions.

Rising Health Awareness: As more consumers seek to avoid gastrointestinal discomfort associated with lactose consumption, awareness campaigns and medical advice have led to a surge in demand for lactose-free products.

Dairy Alternatives: Growing interest in plant-based diets is pushing demand for lactose-free dairy alternatives like almond, soy, oat, and coconut milk. Veganism is another contributing factor here.

Product Innovations: Manufacturers are developing lactose-free dairy products, including milk, cheese, and yogurt, as well as supplements like lactase enzymes.

Lactose Intolerance Market Trends

Consumer Preference Shift: There has been a notable shift toward plant-based alternatives and lactose-free products as consumers seek more sustainable and healthy choices.

Fortification of Dairy Alternatives: Companies are fortifying plant-based products with nutrients like calcium, vitamin D, and protein to match the nutritional profile of traditional dairy.

Online Retail Growth: The rise of e-commerce platforms has made lactose-free products more accessible, increasing consumer convenience and fueling market growth.

Lactose Intolerance Market Challenges

Product Cost: Lactose-free products are often more expensive than their traditional counterparts, which can limit their appeal to cost-sensitive consumers.

Taste and Texture: Some consumers may still prefer the taste and texture of regular dairy products, which can make transitioning to lactose-free or plant-based alternatives challenging.

Lactose Intolerance Market Regional Analysis

North America and Europe are leading markets for lactose-free products, driven by well-established dairy industries and rising lactose intolerance awareness. The U.S. and Germany are key markets in these regions.

The Asia-Pacific region is expected to witness the highest growth, fueled by the high prevalence of lactose intolerance, particularly in countries like China, India, and Japan. The region’s large population, combined with increased disposable income and growing awareness of lactose intolerance, is propelling the market forward.

Lactose Intolerance Market Segmentation,

Product Type:

Lactose-Free Dairy Products: Milk, cheese, yogurt, ice cream.

Dairy Alternatives: Soy milk, almond milk, rice milk, oat milk.

Distribution Channel:

Supermarkets and Hypermarkets

Online Stores

Specialty Stores

Convenience Stores

Key companies profiled in this research study are,

Nestlé S.A.

Danone S.A.

The Coca-Cola Company (Fairlife)

Johnson & Johnson (Lactaid)

General Mills, Inc.

Valio Ltd.

Arla Foods amba

Dean Foods Company

Parmalat S.p.A.

Saputo Inc.

Conclusion

The Lactose Intolerance Market is poised for sustained growth, driven by increasing global awareness of lactose intolerance and the rising demand for lactose-free and dairy alternative products. As more individuals seek health-conscious, digestive-friendly, and sustainable options, the market for lactose-free dairy, plant-based alternatives, and lactase supplements will continue to expand. However, challenges such as product cost and taste preferences need to be addressed through innovation. With major industry players focusing on product development and fortification, the future of the lactose intolerance market appears promising, offering both consumers and businesses a wide range of opportunities.

[market-insider]

How the Plant-based Milk Market is Growing Worldwide: A Sustainable Alternatives

The global plant-based milk market size is estimated to reach USD 32.35 billion in 2030 and expand at a CAGR of 7.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth of the plant-based milk market is primarily driven by shifting consumer preferences towards healthier dietary choices and increasing awareness of lactose intolerance and dairy allergies. Consumers are increasingly opting for plant-based alternatives such as almond, soy, oat, coconut, and others, which offer nutritional benefits including vitamins, minerals, and proteins, without compromising on taste.

The growing adoption of vegan and flexitarian lifestyles worldwide has significantly expanded the consumer base for plant-based milk products. These dietary choices are driven by ethical considerations, environmental sustainability concerns, and perceived health benefits associated with reduced consumption of animal products is further expected to drive the market for plant-based milk during the forecast period.

The availability and convenience of plant-based milks have significantly improved, contributing to market growth. Major retailers and supermarkets now stock a wide range of plant-based milks, making them easily accessible to consumers. Online grocery platforms have also expanded their plant-based milk offerings, allowing consumers to conveniently purchase their preferred products from the comfort of their homes. This factor is further expected to drive the market for plant-based milk during the forecast period.

The plant-based milk market has seen significant expansion beyond North America and Europe, reaching new markets in Asia, Latin America, and the Middle East. In Asia, where lactose intolerance is prevalent, plant-based milks are gaining popularity as a suitable alternative to dairy. In Latin America, the growing middle class and increasing awareness of health and environmental issues are driving demand for plant-based milks.

Manufacturers in the plant-based milk market are investing in research and development to innovate and expand their product portfolios. This includes the introduction of new plant sources such as almond, soy, oat, coconut, and others, as well as fortified variants enriched with vitamins, minerals, and protein. Innovations in flavor profiles and packaging formats cater to diverse consumer preferences and convenience.

For More Details or Sample Copy please visit link @: Plant-based Milk Market Report

Plant-based Milk Market Report Highlights

Asia Pacific is expected to grow with the fastest CAGR of 8.2% over the forecast period from 2024 to 2030. The rise of vegetarianism and veganism, driven by concerns about animal cruelty, supports the demand for plant-based milks.

Based on product, the oat milk is expected to grow with the fastest CAGR of 9.4% over the forecast period. Oat milk is rich in dietary fiber, particularly beta-glucan, which has been shown to help lower cholesterol levels. Additionally, oat milk often contains higher levels of protein compared to other plant-based milks, making it a nutritious option for consumers.

Based on nature, organic plant-based milk is expected to growth with the fastest CAGR of 11.5% from 2024 to 2030. Organic plant-based milks are free from synthetic pesticides, fertilizers, and genetically modified organisms (GMOs), which appeals to health-conscious consumers.

Based on distribution channel, sales of plant-based milk proudcts through hypermarkets & supermarkets accounted for the largest share in the plant-based milk market in 2023. These retail outlets offer a wide variety of plant-based milk products, including different brands, types, and flavors. The extensive product range allows consumers to compare and choose according to their preferences, driving sales through this channel.

Gain deeper insights on the market and receive your free copy with TOC now @: Plant-based Milk Market Report

We have segmented the global plant-based milk market based on product, nature, flavor, distribution channel, and region.

[jayanthitbrc]

Global Alternative Protein Market Analysis 2024: Size Forecast and Growth Prospects

The alternative protein global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Alternative Protein Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The alternative protein market size has grown rapidly in recent years. It will grow from $71.73 billion in 2023 to $85.65 billion in 2024 at a compound annual growth rate (CAGR) of 19.4%. The growth in the historic period can be attributed to health and wellness trends, environmental concerns, ethical and animal welfare concerns, cultural and religious preferences, innovation and product development.

The alternative protein market size is expected to see rapid growth in the next few years. It will grow to $162.13 billion in 2028 at a compound annual growth rate (CAGR) of 17.3%. The growth in the forecast period can be attributed to policy and regulatory support, global population growth, investment and funding inflows, changing consumer preferences, climate change mitigation. Major trends in the forecast period include diversification of protein sources, mainstream adoption in foodservice, premiumization and innovation, global expansion and market accessibility, nutritional enhancement and fortification.

Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/alternative-protein-global-market-report

Scope Of Alternative Protein Market The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Alternative Protein Market Overview

Market Drivers - The increasing demand for plant-based proteins is expected to propel the growth of the alternative protein market going forward. Plant-based protein refers to proteins derived from plants rather than animal sources. These proteins are present in several plant-based foods and are frequently consumed by people who follow vegetarian, vegan, or plant-based diets. Plant-based proteins are used in alternative protein products as substitutes for traditional animal-based proteins, offering a sustainable and cruelty-free option. Additionally, plant-based proteins offer benefits such as lower saturated fat, high fiber content, reduced environmental impact, and ethical considerations compared to animal-based proteins. For instance, in April 2023, according to the Good Food Institute, a US-based non-profit organization, the global retail sales of plant-based meat and seafood in 2022 amounted to $6.1 billion, indicating an 8% growth in revenue and a 5% increase in weight. Additionally, the collective sales of plant-based milk, cheese, and yogurt reached $21.6 billion globally, marking a 7% rise from the previous year. Therefore, the increasing demand for plant-based proteins is driving the growth of the alternative protein market.

Market Trends - Major companies operating in the alternative protein market are developing new products, such as plant-based meat, to gain a competitive edge in the market. Plant-based meat refers to food products that mimic the taste, texture, and nutritional profile of traditional animal meat but are entirely derived from plant-based sources. For instance, in January 2023, Final Foods Inc., a US-based food and technology company, launched a plant-based meat product line designed for gourmet chefs and the food service industry. This innovative range offers protein-rich vegan alternatives in slices and large cuts, allowing for versatile culinary applications such as grilling, stewing, sautéing, and stir-frying. Crafted with a unique extrusion cooking process using pea protein and natural ingredients, Final Foods' vegan meat distinguishes itself by its commitment to replicating the taste of meat while providing a more natural and creative alternative for chefs. Notably, the company is pioneering a sustainable production model, utilizing small-scale micro factories to support local markets.

The alternative protein market covered in this report is segmented –

1) By Source: Plant-Based, Insect-Based, Microbial-Based, Other Sources 2) By Form: Dry, Liquid 3) By Application: Food And Beverage, Cattle, Aquaculture, Animal Feed, Pet Food, Equine, Other Applications

Get an inside scoop of the alternative protein market, Request now for Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=14036&type=smp

Regional Insights - North America was the largest region in the alternative protein market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the alternative protein market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies operating in the alternative protein market are Cargill Incorporated, Archer-Daniels-Midland Company, CHS Inc., International Flavors & Fragrances Inc., Kerry Group plc, Ingredion Incorporated, DIC Corporation, Glanbia Plc, Roquette Freres SA, Tate & Lyle Plc, Corbion NV, Now Health Group Inc., Farbest Farms Inc., Ynsect SAS, BENEO GmbH, Cyanotech Corporation, MycoTechnology Inc., Enterra Feed Corporation, Sotexpro, Axiom Foods Inc., Protix B.V., EnviroFlight LLC, Entomo Farms, Aspire Food Group, Pond Technologies Holdings Inc.

Table of Contents 1. Executive Summary 2. Alternative Protein Market Report Structure 3. Alternative Protein Market Trends And Strategies 4. Alternative Protein Market – Macro Economic Scenario 5. Alternative Protein Market Size And Growth ….. 27. Alternative Protein Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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[marketanalysisdata]

Protein Ingredients Market Segmentation and Competitive Analysis Report, 2030

The global protein ingredients market was valued at USD 77.69 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. This growth is being driven by an increasing demand for a variety of food products that use protein ingredients, including items like margarine, cold cuts, bakery products, spreads, yogurt, and milk sausages. The growing consumption of these protein-enriched foods is largely fueled by the rising health consciousness among consumers, especially in aging populations. These consumers are becoming more focused on maintaining health, which is contributing to the rise in demand for protein-rich foods and ingredients. Furthermore, there has been significant innovation in protein products by manufacturers, with proteins being developed that include a wide range of amino acids and serve specific functions such as enhancing satiety, supporting muscle repair, promoting weight loss, and balancing energy levels. These innovations are expected to provide significant growth opportunities for the market.

The protein ingredients market is witnessing substantial growth, driven by increasing consumer demand for protein-enriched foods across various industries, particularly in health-conscious demographics. With strong demand in key regions like North America, Europe, and Asia Pacific, and ongoing product innovations, the market is expected to continue expanding at a steady pace over the forecast period. The rising interest in functional foods, sports nutrition, and plant-based diets will continue to fuel this growth, creating ample opportunities for manufacturers to capitalize on evolving consumer preferences. Leading companies, including Cargill, ADM, and Roquette Frères, are likely to maintain their market leadership through strategic investments, new product developments, and expansion into emerging markets.

Gather more insights about the market drivers, restrains and growth of the Protein Ingredients Market

Regional Insights:

North America Protein Ingredients Market Trends

North America was the leading region in the global protein ingredients market, accounting for over 33.56% of the global revenue in 2022. The rising demand for protein ingredients in North America is closely linked to the increasing consumption of protein-rich products such as snacks, cold cereals, and energy bars. This demand has been further supported by the introduction of new, innovative products. For example, Enfamil Human Milk Fortifier Liquid High Protein, launched by companies like Mead Johnson and Cargill, Inc., caters to consumer demand for beverages that are both cholesterol-free and low in saturated fat. These types of product innovations are expected to continue boosting the demand for protein ingredients in the region.

Asia Pacific Protein Ingredients Market Trends

The Asia Pacific region is expected to see the highest growth rate, projected at 6.3% CAGR during the forecast period. This growth is largely driven by emerging consumer markets in countries like China and India, where there is an increasing demand for protein-rich foods. China, in particular, has become one of the world’s largest producers of both plant and animal-based proteins due to the easy availability of raw materials. Soy protein is especially popular in China, with soy accounting for over 91% of the plant-based protein market in the country. Additionally, the growing reliance on packaged foods and beverages in countries like South Korea, Malaysia, Indonesia, India, and China is expected to further fuel the demand for protein ingredients in the Asia Pacific region.

Europe Protein Ingredients Market Trends

In Europe, Germany led the market in terms of revenue share in 2022. One of the key drivers behind this growth is the aging population in Germany, which has led to an increased demand for medical nutritional products that support bone and muscle maintenance. Protein ingredients have played a crucial role in meeting the nutritional needs of the elderly, and this trend has had a positive impact on the market. Additionally, the use of protein ingredients in addressing health conditions such as Alzheimer's disease has contributed to their growing popularity in the region.

Browse through Grand View Research's Category Nutraceuticals & Functional Foods Industry Research Reports.

The global bio vanillin market size was estimated at USD 227.7 million in 2024 and is projected to grow at a CAGR of 5.2% from 2025 to 2030.

The global specialized nutrition market size was estimated at USD 102.18 billion in 2024 and is expected to grow at a CAGR of 7.2% from 2025 to 2030.

Key Companies & Market Share Insights:

The global protein ingredients market is fragmented, with a moderate to high level of competition among numerous players. Manufacturers are increasingly focusing on meeting changing consumer preferences, particularly the rising demand for functional foods and sports nutrition products. As a result, many companies are incorporating protein ingredients derived from various sources such as dairy, soy, pea, eggs, and even insects.

Key market leaders include major players such as Cargill, Incorporated, ADM, and Roquette Frères. These companies are recognized for their broad and diversified product portfolios, strong distribution networks, well-established brand presence, and financial strength, which have helped them capture significant market share.

Some of the key strategies employed by these leading companies include new product launches, expansions, and investments in research and development to cater to evolving consumer demands. For instance, in December 2022, Roquette Frères launched two new types of rice proteins under the NUTRALYS brand. These rice proteins were designed to meet the growing demand for healthier food options and provide a nutritious, plant-based protein alternative. This product is particularly popular for use in special diet foods, sports nutrition, and snacks, and reflects Roquette's ongoing commitment to supporting plant-based diets and promoting healthier lifestyles. Such product innovations help companies strengthen their position in the market and tap into the growing consumer demand for sustainable and nutritious food ingredients.

Key Protein Ingredients Companies:

DuPont

Rousselot

ADM

Burcon

Tessenderlo Group

Kewpie Corporation

Roquette Freres

The Scoular Company

CHS, Inc.

Mead Johnson & Company, LLC

CropEnergies AG

Fonterra Co-Operative Group

Bunge Limited

Cargill, Incorporated

MGP

Ingredion

Kerry Inc.

Givaudan

Axiom Foods

Tate & Lyle

Puris

DSM

Glanbia Plc

Louis Dreyfus Company

Barentz

Nutri-Pea

Prinova Group LLC

Order a free sample PDF of the Protein Ingredients Market Intelligence Study, published by Grand View Research.

[marketstudyreport]

Protein Ingredients Industry by Revenue, Growth Rate and Forecast to 2030

The global protein ingredients market was valued at USD 77.69 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. This growth is being driven by an increasing demand for a variety of food products that use protein ingredients, including items like margarine, cold cuts, bakery products, spreads, yogurt, and milk sausages. The growing consumption of these protein-enriched foods is largely fueled by the rising health consciousness among consumers, especially in aging populations. These consumers are becoming more focused on maintaining health, which is contributing to the rise in demand for protein-rich foods and ingredients. Furthermore, there has been significant innovation in protein products by manufacturers, with proteins being developed that include a wide range of amino acids and serve specific functions such as enhancing satiety, supporting muscle repair, promoting weight loss, and balancing energy levels. These innovations are expected to provide significant growth opportunities for the market.

The protein ingredients market is witnessing substantial growth, driven by increasing consumer demand for protein-enriched foods across various industries, particularly in health-conscious demographics. With strong demand in key regions like North America, Europe, and Asia Pacific, and ongoing product innovations, the market is expected to continue expanding at a steady pace over the forecast period. The rising interest in functional foods, sports nutrition, and plant-based diets will continue to fuel this growth, creating ample opportunities for manufacturers to capitalize on evolving consumer preferences. Leading companies, including Cargill, ADM, and Roquette Frères, are likely to maintain their market leadership through strategic investments, new product developments, and expansion into emerging markets.

Gather more insights about the market drivers, restrains and growth of the Protein Ingredients Market

Regional Insights:

North America Protein Ingredients Market Trends

North America was the leading region in the global protein ingredients market, accounting for over 33.56% of the global revenue in 2022. The rising demand for protein ingredients in North America is closely linked to the increasing consumption of protein-rich products such as snacks, cold cereals, and energy bars. This demand has been further supported by the introduction of new, innovative products. For example, Enfamil Human Milk Fortifier Liquid High Protein, launched by companies like Mead Johnson and Cargill, Inc., caters to consumer demand for beverages that are both cholesterol-free and low in saturated fat. These types of product innovations are expected to continue boosting the demand for protein ingredients in the region.

Asia Pacific Protein Ingredients Market Trends

The Asia Pacific region is expected to see the highest growth rate, projected at 6.3% CAGR during the forecast period. This growth is largely driven by emerging consumer markets in countries like China and India, where there is an increasing demand for protein-rich foods. China, in particular, has become one of the world’s largest producers of both plant and animal-based proteins due to the easy availability of raw materials. Soy protein is especially popular in China, with soy accounting for over 91% of the plant-based protein market in the country. Additionally, the growing reliance on packaged foods and beverages in countries like South Korea, Malaysia, Indonesia, India, and China is expected to further fuel the demand for protein ingredients in the Asia Pacific region.

Europe Protein Ingredients Market Trends

In Europe, Germany led the market in terms of revenue share in 2022. One of the key drivers behind this growth is the aging population in Germany, which has led to an increased demand for medical nutritional products that support bone and muscle maintenance. Protein ingredients have played a crucial role in meeting the nutritional needs of the elderly, and this trend has had a positive impact on the market. Additionally, the use of protein ingredients in addressing health conditions such as Alzheimer's disease has contributed to their growing popularity in the region.

Browse through Grand View Research's Category Nutraceuticals & Functional Foods Industry Research Reports.

The global bio vanillin market size was estimated at USD 227.7 million in 2024 and is projected to grow at a CAGR of 5.2% from 2025 to 2030.

The global specialized nutrition market size was estimated at USD 102.18 billion in 2024 and is expected to grow at a CAGR of 7.2% from 2025 to 2030.

Key Companies & Market Share Insights:

The global protein ingredients market is fragmented, with a moderate to high level of competition among numerous players. Manufacturers are increasingly focusing on meeting changing consumer preferences, particularly the rising demand for functional foods and sports nutrition products. As a result, many companies are incorporating protein ingredients derived from various sources such as dairy, soy, pea, eggs, and even insects.

Key market leaders include major players such as Cargill, Incorporated, ADM, and Roquette Frères. These companies are recognized for their broad and diversified product portfolios, strong distribution networks, well-established brand presence, and financial strength, which have helped them capture significant market share.

Some of the key strategies employed by these leading companies include new product launches, expansions, and investments in research and development to cater to evolving consumer demands. For instance, in December 2022, Roquette Frères launched two new types of rice proteins under the NUTRALYS brand. These rice proteins were designed to meet the growing demand for healthier food options and provide a nutritious, plant-based protein alternative. This product is particularly popular for use in special diet foods, sports nutrition, and snacks, and reflects Roquette's ongoing commitment to supporting plant-based diets and promoting healthier lifestyles. Such product innovations help companies strengthen their position in the market and tap into the growing consumer demand for sustainable and nutritious food ingredients.

Key Protein Ingredients Companies:

DuPont

Rousselot

ADM

Burcon

Tessenderlo Group

Kewpie Corporation

Roquette Freres

The Scoular Company

CHS, Inc.

Mead Johnson & Company, LLC

CropEnergies AG

Fonterra Co-Operative Group

Bunge Limited

Cargill, Incorporated

MGP

Ingredion

Kerry Inc.

Givaudan

Axiom Foods

Tate & Lyle

Puris

DSM

Glanbia Plc

Louis Dreyfus Company

Barentz

Nutri-Pea

Prinova Group LLC

Order a free sample PDF of the Protein Ingredients Market Intelligence Study, published by Grand View Research.

[mordormr]

Exploring the Food Intolerance Market: Trends, Opportunities, and Growth Drivers

The Food Intolerance Products Market is valued at approximately USD 19.36 billion in 2023 and is projected to grow to USD 28.17 billion by 2028, with an anticipated compound annual growth rate (CAGR) of 7.79% over the forecast period from 2023 to 2028.

The global food intolerance market has witnessed significant growth in recent years, driven by increasing awareness about food-related health issues and a surge in demand for specialized dietary products. This industry caters to individuals who experience adverse reactions to certain foods due to their inability to digest specific components, such as lactose, gluten, or histamines. With growing consumer interest in personalized nutrition and wellness, the food intolerance market has emerged as a lucrative segment in the global food and beverage industry.

Market Overview

Food intolerances differ from food allergies, as they do not involve the immune system but rather stem from the digestive system’s inability to process certain substances. Common examples include lactose intolerance, gluten sensitivity, and fructose malabsorption. These conditions have prompted the rise of tailored food products, diagnostic solutions, and nutritional supplements aimed at improving the quality of life for affected individuals.

Key Market Trends

Rising Awareness of Health and Wellness: Consumers are increasingly prioritizing health, leading to heightened awareness of food intolerances. Educational campaigns, social media, and improved access to healthcare information are encouraging individuals to seek tailored dietary solutions.

Demand for Gluten-Free and Lactose-Free Products: The gluten-free market has expanded significantly, appealing not only to those with celiac disease but also to consumers who perceive gluten-free products as healthier. Similarly, lactose-free dairy products are gaining traction among those with lactose intolerance or a preference for plant-based alternatives.

Technological Advancements in Diagnostics: The development of efficient and non-invasive diagnostic tests, such as hydrogen breath tests and food intolerance kits, is enabling quicker identification of food sensitivities, thereby boosting the demand for targeted solutions.

Growth of Plant-Based Alternatives: Plant-based milk, cheese, and meat substitutes are becoming mainstream, catering to both food-intolerant individuals and environmentally conscious consumers. These products often address multiple dietary restrictions, such as being dairy-free, gluten-free, and vegan.

E-commerce and Direct-to-Consumer Channels: The increasing popularity of online retail is enabling brands to directly reach niche consumer groups. Specialized food intolerance products are now readily accessible through e-commerce platforms, fostering market growth.

Regional Insights

North America: The largest market for food intolerance products, driven by high awareness levels, a large number of diagnosed cases, and a strong focus on health and wellness.

Europe: Significant growth due to stringent labeling regulations and rising popularity of free-from products.

Asia-Pacific: An emerging market with untapped potential, driven by increasing disposable income and rising awareness of food intolerances.

Challenges in the Industry

High Product Costs: Specialized food intolerance products often come at a premium price, which may deter price-sensitive consumers.

Regulatory Hurdles: Stringent labeling requirements and compliance with international food standards pose challenges for manufacturers.

Lack of Consumer Awareness: In developing regions, limited understanding of food intolerances can restrict market growth.

Future Outlook

The food intolerance market is expected to maintain its upward trajectory, with analysts predicting a compound annual growth rate (CAGR) of over 7% through 2030. Key drivers include innovations in food science, increased investment in research and development, and the growing popularity of personalized nutrition.

Conclusion

As health-conscious consumers continue to demand safer, more inclusive dietary options, the food intolerance industry offers a fertile ground for innovation and expansion. Companies that prioritize transparency, invest in research, and adapt to evolving consumer needs will likely thrive in this dynamic market.

Whether you’re a business exploring opportunities in this space or a consumer seeking better dietary solutions, the food intolerance market promises a wealth of possibilities. With ongoing advancements, this industry is not only reshaping the food landscape but also contributing to improved health and well-being globally.

[credenceresearchdotblog]

The Oats Market is projected to grow from USD 17342.1 million in 2024 to an estimated USD 28917.4 million by 2032, with a compound annual growth rate (CAGR) of 6.6% from 2024 to 2032.Oats have long been recognized as a nutritious food staple, lauded for their health benefits and versatility. The global oats market is experiencing a notable surge as consumers worldwide increasingly embrace healthier lifestyles, seek plant-based options, and prioritize sustainable, whole foods. Oats are no longer confined to breakfast cereals; they are now a key ingredient in snacks, beverages, and even beauty products. This article will explore the key drivers, trends, and growth opportunities within the oats market.

Browse the full report https://www.credenceresearch.com/report/oats-market

Market Overview

Oats are cultivated in various regions, including North America, Europe, and parts of Asia. While traditionally grown in colder climates, advancements in agricultural practices have allowed for wider cultivation, supporting global demand. In 2023, the global oats market was valued at approximately $5.8 billion, with projections estimating it will grow at a compound annual growth rate (CAGR) of 4.3% over the next five years. This growth is largely fueled by the rising awareness of oats' health benefits and their versatility in various foods and beverages.

Key Drivers of the Oats Market

1. Health and Wellness Trends As consumers become more health-conscious, the demand for nutrient-dense, whole grains has surged. Oats are rich in dietary fiber, particularly beta-glucan, which has been linked to lowering cholesterol levels and promoting heart health. Oats also provide essential vitamins, minerals, and antioxidants, making them a popular choice for those looking to boost their overall well-being. With the rise of obesity, diabetes, and cardiovascular diseases, many consumers are seeking foods like oats that can support preventive health.

2. Plant-Based and Vegan Lifestyles The growth of plant-based diets has significantly benefited the oats market. Many people now seek alternatives to animal-based proteins, leading to a rise in oat-based products like oat milk, yogurt, and protein bars. Oat milk, in particular, has gained popularity as a dairy substitute, thanks to its creamy texture and neutral taste. This trend is especially strong in North America and Europe, where oat milk has become a staple in cafes and households alike.

3. Rising Demand for Gluten-Free Products Although oats themselves are gluten-free, they are often processed in facilities that handle gluten-containing grains. However, gluten-free oats, which are processed in separate facilities, have grown in demand, catering to individuals with celiac disease or gluten sensitivities. The availability of gluten-free oats has opened the market to a broader consumer base, further propelling growth.

4. Convenience and Versatility Oats' adaptability across a wide range of applications has driven their demand in various food and beverage segments. Instant oats, oat-based snacks, and ready-to-drink oat beverages offer convenient options for busy consumers who prioritize health but are short on time. Additionally, oats' neutral flavor profile makes them suitable for savory and sweet dishes, enhancing their appeal.

Key Market Trends

1. Oat-Based Beverages and Dairy Alternatives Oat milk’s popularity continues to soar, outpacing other plant-based dairy alternatives like almond and soy milk in some markets. In 2023, oat milk accounted for over 20% of the plant-based milk market in the United States, and similar growth is seen globally. This growth is driven by consumers’ perception of oat milk as a healthier and more sustainable option.

2. Sustainability Initiatives Environmental sustainability is increasingly influencing consumer choices. Compared to other grains and animal-based products, oats have a lower environmental footprint. This has led many brands to highlight the sustainable aspects of oats, positioning them as an eco-friendly option. Furthermore, companies are investing in organic and non-GMO oat products, which appeal to environmentally conscious consumers.

3. Innovative Oat-Based Products The market has seen a surge in innovation as manufacturers introduce oat-based snacks, protein bars, ice creams, and even skincare products. Oats are rich in antioxidants and have soothing properties, making them a popular ingredient in cosmetics. Oat flour and protein powder are also increasingly popular, creating more product options for consumers seeking healthy, plant-based choices.

Challenges Facing the Oats Market

Despite the strong demand, the oats market faces some challenges. Climate change and extreme weather can impact oat production, potentially leading to supply constraints. Additionally, rising competition from other superfoods and grains, like quinoa and chia seeds, means that oats manufacturers must continuously innovate to retain market share.

Supply chain disruptions, such as those seen during the COVID-19 pandemic, can also impact oats' availability and price, affecting the market’s growth trajectory. Finally, while the gluten-free market supports growth, gluten-free oats often come at a premium, which can be a barrier for price-sensitive consumers.

Future Outlook and Opportunities

Looking ahead, the global oats market is expected to thrive as health-conscious consumers and the plant-based movement continue to expand. North America and Europe remain the largest markets, but emerging markets in Asia-Pacific and Latin America offer significant growth potential. As more consumers adopt Western-style diets and become aware of the benefits of oats, these regions are likely to drive demand in the coming years.

Key Player Analysis:

Bob’s Red Mill Natural Foods

General Mills

Grain Millers, Inc.

Kellogg Company

Nature’s Best Ltd.

Nature’s Path Foods

Post Holdings

Quaker Oats Company

The Jordans & Ryvita Company

Weetabix Limited

Segmentation:

By Type  

Whole Oats

Rolled Oats

Steel Cut

Instant Oats

Others

By Application  

Food & Beverage

Animal Feed

Personal Care and Cosmetics

Others

By Distribution Channel  

Supermarkets/Hypermarkets

Convenience Stores

Grocery Stores

Online

Others

By Regional

North America

U.S.

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of the Middle East and Africa

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Credence Research

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Website: www.credenceresearch.com 

[shrutijadhav2139]

Coconut Milk Market Demand Patterns: Forecasting Growth Rate and Key Insights for Stakeholders

The coconut milk market has experienced significant growth over the past decade, driven by increasing consumer demand for plant-based alternatives to dairy products. This demand surge is particularly noticeable in the food and beverage, personal care, and wellness industries. As consumers become more health-conscious and environmentally aware, coconut milk is emerging as a versatile and sustainable option in various markets. This article explores the demand patterns, growth forecasts, and critical insights for stakeholders in the coconut milk market.

Demand Drivers in the Coconut Milk Market

One of the primary drivers of the coconut milk market is the growing trend toward veganism and lactose intolerance. As more people adopt plant-based diets, alternatives to traditional dairy products such as coconut milk, almond milk, and oat milk have gained popularity. Coconut milk, known for its rich and creamy texture, is a favorable choice for many consumers seeking dairy-free and non-dairy options.

Additionally, coconut milk is often considered a healthier alternative due to its lower carbohydrate content compared to dairy milk. It is also rich in medium-chain triglycerides (MCTs), which are believed to support metabolism and promote heart health. These health benefits, coupled with the rise in organic food consumption, have made coconut milk a staple in many households.

The foodservice industry, including restaurants, cafes, and food chains, is also contributing to the rising demand for coconut milk. With the growing preference for dairy-free and plant-based beverages, restaurants are increasingly incorporating coconut milk in their menu offerings, from smoothies to vegan desserts and dairy-free lattes.

Growth Forecasts and Market Trends

The coconut milk market is forecast to continue its upward trajectory over the coming years. According to market research reports, the global coconut milk market size was valued at approximately $6 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of around 8% from 2024 to 2030. This robust growth is attributed to the expanding consumer base seeking healthier, plant-based options across various regions, including North America, Europe, and Asia-Pacific.

Regional demand patterns show a particularly strong growth in North America and Europe, where consumers are becoming increasingly aware of the benefits of plant-based diets and dairy-free options. However, Asia-Pacific remains the largest market for coconut milk, with countries like Thailand, Indonesia, and the Philippines being both major producers and consumers of coconut-based products.

Furthermore, innovation in product offerings plays a key role in the market’s expansion. Coconut milk-based products are being developed in various forms, including canned, powdered, and fresh options. The availability of flavored coconut milk, such as vanilla or chocolate, is also appealing to consumers looking for diverse options for cooking and baking.

Key Insights for Stakeholders

Sustainability Appeal: Coconut milk is an environmentally friendly product, as the coconut tree requires minimal water to grow compared to traditional dairy farming. For stakeholders, emphasizing the sustainability of coconut milk in marketing strategies could help capture the growing segment of environmentally-conscious consumers.

Product Diversification: As consumers demand a variety of choices, businesses in the coconut milk industry should focus on product diversification. From flavored milk to fortified versions with added vitamins and minerals, there are multiple avenues for innovation that can attract niche markets.

Supply Chain Considerations: Although the coconut milk market is expanding rapidly, the supply of raw coconuts can be influenced by climatic conditions. Stakeholders in the supply chain should monitor weather patterns and engage in sustainable sourcing practices to ensure steady product availability.

Marketing Strategies: Given the growing interest in health-conscious and sustainable products, coconut milk brands should adopt transparent marketing practices that highlight the benefits of their products. Focusing on the health aspects, ethical sourcing, and sustainability can create a stronger connection with the target audience.

Conclusion

The coconut milk market is poised for continued growth, driven by shifting consumer preferences toward healthier, plant-based alternatives. Stakeholders in the market should keep a close eye on emerging trends, invest in product diversification, and capitalize on the sustainability factor to stay competitive. With increasing demand and expanding product offerings, the coconut milk market presents substantial opportunities for growth in the coming years.

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[tbrc34]

"Dairy-Free Evaporated Milk Market to $5.8B by 2033, 6.1% CAGR"

Dairy-free Evaporated Milk Market : Dairy-free evaporated milk has become a popular choice for those looking to enjoy the creamy texture and richness of traditional evaporated milk without the dairy. Made from plant-based sources like coconut, almond, and oat milk, this versatile alternative works seamlessly in both sweet and savory dishes. It’s perfect for enhancing soups, sauces, desserts, and even coffee with a silky, full-bodied taste. Dairy-free evaporated milk provides an excellent option for individuals with lactose intolerance, vegans, or anyone wanting to explore plant-based options in their cooking and baking.

To Request Sample Report : https://www.globalinsightservices.com/request-sample/?id=GIS23465 &utm_source=SnehaPatil&utm_medium=Article

Beyond its culinary flexibility, dairy-free evaporated milk is also packed with nutritional benefits, often containing lower calories and fats compared to traditional dairy options. Many brands fortify their products with vitamins like B12, calcium, and vitamin D, making it an ideal substitute for those looking to maintain a balanced diet without compromising on taste or texture. As plant-based eating gains popularity, dairy-free evaporated milk is becoming a pantry staple, allowing more people to enjoy the richness of evaporated milk in a sustainable and health-conscious way.

Related Link :Asparagine Market : https://linkewire.com/2024/10/31/asparagine-market-forecast-to-hit-7-8b-by-2033-at-6-2-cagr/

#DairyFreeEvaporatedMilk #PlantBasedCreaminess #VeganCooking #NonDairyDelights #LactoseFree #CoconutMilk #AlmondMilk #OatMilk #PlantBasedDiet #CreamyWithoutDairy #VeganBaking #SustainableEating #DairyAlternative #HealthyCooking #PlantBasedStaple

[savibangar]

Vegan Yogurt Market to Reach $8.85 Billion by 2031| Size, Share and Growth

Meticulous Research®, a leading global market research firm, recently published a report titled Vegan Yogurt Market—Global Opportunity Analysis and Industry Forecast (2024-2031). The report projects that the vegan yogurt market will reach $8.85 billion by 2031, growing at a compound annual growth rate (CAGR) of 16.5% from 2024 to 2031.

Download Research Report Sample @ https://www.meticulousresearch.com/download-sample-report/cp_id=6066

The market's growth is driven by several key factors, including the rising vegan population, increasing awareness of health and wellness, a high prevalence of lactose intolerance, and continuous product innovations from manufacturers. However, challenges such as higher product prices and strong consumer loyalty to animal-based dairy products may slow growth.

Additionally, growing investments in plant-based industries, along with government support in emerging markets in the Asia-Pacific and Latin American regions, present significant growth opportunities for market players. The industry also faces challenges like fluctuating raw material prices. A key trend in the market is the rising demand for clean-label products, as consumers seek transparency and simplicity in ingredients.

Key Market Players:

The vegan yogurt market is characterized by a moderately competitive scenario due to the presence of many large- and small-sized global, regional, and local players. The key players operating in vegan yogurt market are Danone S.A. (France), Daiya Foods Inc. (Canada), General Mills Inc. (U.S.), Nancy's Probiotic Foods (U.S.), COYO Pty Ltd. (Australia), Chobani, LLC (U.S.), Kite Hill (U.S), The Hain Celestial Group Inc. (U.S.), Stonyfield Farm, Inc. (U.S.), Forager Project LLC (U.S.), KaTech Ingredient Solutions GmbH (Germany), Epigamia (India), and Oatly A.B. (Sweden), among others. The market is segmented by product type, flavor, and distribution channel, with regional and country-level analysis of competitors.

Browse in depth @ https://www.meticulousresearch.com/product/vegan-yogurt-market-6066

Market Segmentation:

By Product Type: The almond milk segment is expected to hold the largest share of the market in 2024. Almond milk’s popularity stems from growing consumer demand for nut-based, lactose-free products, as well as its nutritional profile, which includes more fiber and less sugar and salt compared to dairy yogurt. Its lower saturated fat content further enhances its appeal.

By Flavor: Chocolate-flavored vegan yogurt is anticipated to capture the largest share in 2024. This is largely due to shifting consumer preferences, especially among younger demographics like children and young adults, who prefer indulgent yet healthier options like chocolate-flavored yogurt.

By Distribution Channel: Supermarkets and hypermarkets are expected to dominate the vegan yogurt market in 2024, driven by their convenience, wide product range, and dedicated shelf space for vegan products. Consumer interest in checking product ingredients also supports this trend.

Regional Insights:

The report also covers a comprehensive analysis of major geographic regions, including North America (U.S., Canada), Europe (Germany, U.K., Spain, Italy, France, Netherlands, and others), Asia-Pacific (China, India, Japan, Australia, South Korea, Indonesia, and others), Latin America (Brazil, Mexico, Argentina, and others), and the Middle East & Africa (Saudi Arabia, UAE, and others).

Asia-Pacific is expected to lead the global vegan yogurt market in 2024, driven by a large vegetarian population, growing interest in plant-based diets, increased health awareness, and rising investment in the vegan food sector. North America, Europe, Latin America, and the Middle East & Africa will follow in market share, with each region exhibiting unique drivers of growth.

This report offers valuable insights for industry players and stakeholders looking to capitalize on the expanding vegan yogurt market.

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[latestmarketresearchnews]

Protein Ingredients Industry Share and Specification forecast To 2030

The global protein ingredients market was valued at USD 77.69 billion in 2022 and is expected to grow at a revenue-based compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. This steady growth is driven by rising demand for a variety of food products such as margarine, cold cuts, bakery items, spreads, yogurt, and milk sausages that use protein ingredients. Increased consumption of these protein-rich foods among health-conscious and elderly consumers is further fueling the market. The growing interest in these products stems not only from their nutritional benefits but also from specific functional properties, such as satiety, muscle repair, weight loss, and energy balance. These functions are made possible by innovative protein formulations containing diverse amino acid profiles, which present vast growth opportunities for the market.

The market has also experienced a notable rise in demand for animal-based protein products. In the U.S., demand for animal-derived protein is especially strong and is expected to continue growing in the near future. Companies that produce and distribute these products have undertaken supply chain initiatives to ensure a steady and reliable distribution network, supporting sustained market growth.

Gather more insights about the market drivers, restrains and growth of the Protein Ingredients Market

Plant-based protein ingredients, derived from crops like soy, canola, wheat, and pea, are also seeing significant demand. Soy protein, in particular, leads the plant-based category and is anticipated to grow rapidly over the forecast period. The Food and Drug Administration (FDA) has even approved a health claim that suggests soy protein, when consumed daily in four servings, can lower LDL cholesterol levels by around 10%. This endorsement has further boosted soy protein’s popularity as a health-supportive ingredient.

In addition to soy protein’s growth, technological advancements and innovative production methods are further propelling market expansion. Protein ingredients are now applied across diverse products, such as isolates, which have high dispersibility and fine particle size, making them ideal for dairy applications. Growing consumer awareness of health benefits associated with protein ingredients has been a major growth driver for the market in recent years and is likely to continue this trajectory.

Application Segmentation Insights:

In terms of applications, the food and beverage segment led the market in 2022, capturing a 39.21% revenue share, and it is expected to retain this leading position over the forecast period. Whey protein ingredients, for instance, are an affordable source of protein and are widely used in the bakery and confectionery sectors. Recent advancements in process design and technology have refined whey products, resulting in higher quality variations like demineralized whey, Whey Protein Isolates (WPIs), and Whey Protein Concentrates (WPCs). These improvements have enabled greater use of protein ingredients in various functional food products, making them nutrient-dense options for consumers.

Animal feed is another key application area projected to grow rapidly, with an estimated CAGR of 6.3% by revenue over the forecast period. The animal feed industry is focusing on reducing environmental impact, which has increased interest in alternative proteins for feed products. The need to improve animal feed formulations with high-protein content, particularly with non-GMO sources, is becoming a priority.

Traditional protein sources for animal feed, such as soybean meal and fishmeal, have become more expensive due to rising demand, limited availability, and environmental concerns. This shift has led to an increased interest in alternative protein sources like insect meal, algae, and single-cell proteins, which are generally more sustainable and cost-effective. By using these alternative proteins, the animal feed industry aims to meet nutritional needs while reducing dependency on conventional, high-cost protein sources, thereby enhancing the sector’s overall sustainability and cost-efficiency.

Order a free sample PDF of the Protein Ingredients Market Intelligence Study, published by Grand View Research.

[jayanthitbrc]

Global Plant Milk Market Analysis 2024: Size Forecast and Growth Prospects

The plant milk global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Plant Milk Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The plant milk market size has grown rapidly in recent years. It will grow from $16.67 billion in 2023 to $18.99 billion in 2024 at a compound annual growth rate (CAGR) of 14.0%. The growth in the historic period can be attributed to increasing consumer demand for plant-based diets, collaboration between industry players, increasingly prioritizing health and wellness, increasingly focusing on reducing their carbon footprint, and minimizing environmental impact during production.

The plant milk market size is expected to see rapid growth in the next few years. It will grow to $32.40 billion in 2028 at a compound annual growth rate (CAGR) of 14.3%. The growth in the forecast period can be attributed to increasing urbanization, increasing vegan population, increasing demand for organic foods and beverages, growing demand for lactose-free milk, increasing demand for dairy alternative, and increasing awareness about plant milk. Major trends in the forecast period include innovative products, innovative plant milk varieties, diverse flavors and textures, strategic marketing, and technological advancements.

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Scope Of Plant Milk Market The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Plant Milk Market Overview

Market Drivers - The increasing vegan population is expected to propel the growth of the plant milk market going forward. The vegan population refers to the group of individuals who follow a vegan lifestyle, which involves abstaining from consuming all animal products, including meat, dairy, eggs, and honey. The increase in the vegan population is due to several critical factors, including heightened awareness of the ethical treatment of animals, environmental sustainability, and health benefits. Plant milk is a popular choice among the vegan population as it is an alternative to dairy milk for ethical, environmental, or health reasons. For instance, in January 2024, according to a survey of 2,000 adults aged 18 or over in Great Britain by Finder.com LLC, a US-based personal finance comparison site, there were 2.5 million vegans in early 2024, an increase from 1.1 million in 2023. Therefore, the increasing vegan population is driving the growth of the plant milk market.

Market Trends - Major companies operating in the plant milk market are focused on developing innovative products, such as creamy plant milk, to cater to the growing demand for dairy-free options. Creamy plant milk is a type of non-dairy milk made from plant-based sources, such as almonds, oats, soy, coconut, cashews, or rice, with a richer, thicker texture similar to traditional dairy milk. For instance, in February 2024, Califia Farms LLC, a US-based manufacturer of plant-based dairy products, launched Califia Farms Complete. It is a creamy plant milk designed to match the nutritional profile of dairy milk while containing 50% less sugar. It is made from a pea, chickpea, and fava bean protein blend. It contains more of these nine essential nutrients as an eight-ounce serving of dairy milk, including protein, calcium, vitamin A, vitamin D, vitamin B12, magnesium, phosphorus, potassium, and riboflavin.

The plant milk market covered in this report is segmented –

1) By Type: Coconut, Soy, Almond, Rice, Oat, Other Types 2) By Formulation: Unsweetened, Sweetened 3) By Packaging: Bottles, Pouches, Cartons 4) By Application: Food And Beverage Industry, Household, Hotels And Restaurants, Other Applications 5) By End-User: Mainstream Stores, Specialty Stores, Other End-Users

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Regional Insights - North America was the largest region in the plant milk market in 2023. The regions covered in the plant milk market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies operating in the plant milk market are Danone S.A., Campbell Soup Company, Döhler Gmbh, Mc Cormick & Company Inc., Univar Solutions Inc., The Hain Celestial Group Inc., Blue Diamond Growers Inc., Goya Foods Inc., Fazer, Oatly Group AB, Califia Farms LLC, Pacific Foods, Earth’s Own Food Company Inc., Ripple Foods, Oatsome, Elmhurst Milked Direct LLC, Good Karma Foods Inc., Elden Foods LLC, Natura Foods, Alpina Foods LLC

Table of Contents 1. Executive Summary 2. Plant Milk Market Report Structure 3. Plant Milk Market Trends And Strategies 4. Plant Milk Market – Macro Economic Scenario 5. Plant Milk Market Size And Growth ….. 27. Plant Milk Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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[researchreportinsight]

Protein Ingredients Market Product Overview, Research, Share by Types and Region till 2030

The global protein ingredients market was valued at USD 77.69 billion in 2022 and is expected to grow at a revenue-based compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. This steady growth is driven by rising demand for a variety of food products such as margarine, cold cuts, bakery items, spreads, yogurt, and milk sausages that use protein ingredients. Increased consumption of these protein-rich foods among health-conscious and elderly consumers is further fueling the market. The growing interest in these products stems not only from their nutritional benefits but also from specific functional properties, such as satiety, muscle repair, weight loss, and energy balance. These functions are made possible by innovative protein formulations containing diverse amino acid profiles, which present vast growth opportunities for the market.

The market has also experienced a notable rise in demand for animal-based protein products. In the U.S., demand for animal-derived protein is especially strong and is expected to continue growing in the near future. Companies that produce and distribute these products have undertaken supply chain initiatives to ensure a steady and reliable distribution network, supporting sustained market growth.

Gather more insights about the market drivers, restrains and growth of the Protein Ingredients Market

Plant-based protein ingredients, derived from crops like soy, canola, wheat, and pea, are also seeing significant demand. Soy protein, in particular, leads the plant-based category and is anticipated to grow rapidly over the forecast period. The Food and Drug Administration (FDA) has even approved a health claim that suggests soy protein, when consumed daily in four servings, can lower LDL cholesterol levels by around 10%. This endorsement has further boosted soy protein’s popularity as a health-supportive ingredient.

In addition to soy protein’s growth, technological advancements and innovative production methods are further propelling market expansion. Protein ingredients are now applied across diverse products, such as isolates, which have high dispersibility and fine particle size, making them ideal for dairy applications. Growing consumer awareness of health benefits associated with protein ingredients has been a major growth driver for the market in recent years and is likely to continue this trajectory.

Application Segmentation Insights:

In terms of applications, the food and beverage segment led the market in 2022, capturing a 39.21% revenue share, and it is expected to retain this leading position over the forecast period. Whey protein ingredients, for instance, are an affordable source of protein and are widely used in the bakery and confectionery sectors. Recent advancements in process design and technology have refined whey products, resulting in higher quality variations like demineralized whey, Whey Protein Isolates (WPIs), and Whey Protein Concentrates (WPCs). These improvements have enabled greater use of protein ingredients in various functional food products, making them nutrient-dense options for consumers.

Animal feed is another key application area projected to grow rapidly, with an estimated CAGR of 6.3% by revenue over the forecast period. The animal feed industry is focusing on reducing environmental impact, which has increased interest in alternative proteins for feed products. The need to improve animal feed formulations with high-protein content, particularly with non-GMO sources, is becoming a priority.

Traditional protein sources for animal feed, such as soybean meal and fishmeal, have become more expensive due to rising demand, limited availability, and environmental concerns. This shift has led to an increased interest in alternative protein sources like insect meal, algae, and single-cell proteins, which are generally more sustainable and cost-effective. By using these alternative proteins, the animal feed industry aims to meet nutritional needs while reducing dependency on conventional, high-cost protein sources, thereby enhancing the sector’s overall sustainability and cost-efficiency.

Order a free sample PDF of the Protein Ingredients Market Intelligence Study, published by Grand View Research.

[rupalic]

Plant-Based Dairy Boom: How Alternative Milks Are Reshaping the Beverage Industry

In recent years, the global food industry has seen a marked shift in consumer preferences toward dairy alternatives. This trend highlights evolving attitudes regarding health, sustainability, and ethics. As individuals increasingly opt to reduce or eliminate dairy from their diets, the dairy alternatives market demand has surged. A key factor driving this growth is the heightened focus on health and wellness. Consumers are becoming more health-conscious and seeking products that align with their dietary needs and restrictions. Dairy alternatives such as almond, soy, and oat milk are often viewed as healthier options due to their lower saturated fat content and lack of cholesterol. Additionally, many of these alternatives are fortified with essential vitamins and minerals, making them appealing for those aiming to maintain a balanced diet. Lactose intolerance is also contributing to the rise in dairy alternatives. With a significant portion of the global population struggling to digest lactose, these alternatives offer a comfortable solution for enjoying milk-like products without digestive issues. Furthermore, the increasing prevalence of dairy allergies is driving further demand for plant-based milk and dairy substitutes.

At a 10.1% CAGR, the global dairy alternatives market size is projected to reach US$ 43.6 billion by 2028 from a projected US$ 27.0 billion in 2023. The global market size was valued at US$ 24.6 billion in 2022.

Know about the assumptions considered for the study: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=677

In response to rapidly changing lifestyles, consumers are increasingly seeking nutritious and healthier food options. The gap between fast food and unhealthy junk food is likely to widen as people actively pursue convenient yet health-conscious choices. For suppliers and manufacturers, identifying products with high nutritional value represents a substantial opportunity in the dairy alternatives industry.

Rapid Urbanization and Increased Disposable Income: Drivers of Dairy Alternative Market Growth

With the global population rising, there is growing pressure on already limited resources. Escalating energy prices and increasing raw material costs are directly impacting food prices, which disproportionately affects individuals with lower incomes. This strain on the food supply is exacerbated by water scarcity, particularly in regions like Africa and Northern Asia. Conversely, the Asia Pacific region presents cost advantages in production and processing, creating a significant opportunity for dairy alternative suppliers and manufacturers due to the combination of high demand and cost-effective production.

 

Soy’s Dominance: Analysing the Dairy Alternatives Market Share

Soy-based dairy alternatives are considered efficient substitutes for dairy products and occupy a significant share of the dairy alternatives market. The widespread popularity and increasing consumption of soy-based products can be attributed to their exceptional nutritional value. These products serve as abundant sources of proteins and calcium, making them highly regarded as excellent dairy substitutes, especially for those who are lactose intolerant. Furthermore, soy-based products do not contain casein, a common allergen found in many dairy items.

Soy milk, which is available in a variety of flavors and types, offers consumers a wide range of options to choose from. It is typically derived from soybeans or soy protein isolate, with thickeners and vegetable oils often added to enhance taste and consistency. Soy milk finds its best application in savory dishes, coffee, and cereal, where it serves as a suitable replacement for cow’s milk.

How are urbanization, dietary diversification, and foreign direct investment contributing to changes in the dairy alternatives industry in the Asia-Pacific region?

The Asia-Pacific region is experiencing a surge in demand for fortified nutritional food and beverages, driven by busy lifestyles and increasing disposable incomes. This trend is accelerating the adoption of dairy alternatives, particularly soymilk, due to evolving consumer preferences. The region’s economic growth is expected to further boost the consumption of affordable and plentiful soymilk. To meet the rising interest in healthy and pasteurized dairy substitutes, food manufacturers are diversifying their soymilk offerings with unique flavors.

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This analysis focuses on key countries within the region, including Japan, Australia, China, and India. Major players such as Sanitarium Health & Wellbeing Company, Freedom Foods Group Ltd., Vitasoy International Holdings Limited, and Purebates are central to the expanding dairy alternatives market. The sector is evolving rapidly due to urbanization, dietary diversification, and increased foreign investment in the food industry. Additionally, rising income levels, a growing middle class, heightened health awareness, and the demand for nutritional products are creating significant growth opportunities in the Asia-Pacific dairy alternatives market.

What’s New? The Latest Advances in Dairy Alternatives Industry

In June 2023, Oatly Group AB (Sweden) launched and introduced a vegan cream cheese that is now available nationwide in the US. This oat-based cream cheese innovation comes in two flavors: Plain and Chive & Onion.

In April 2021, SunOpta announced the acquisition of the Dream and WestSoy plant-based beverage brands from The Hain Celestial Group, Inc. The acquired brands helped the company expand its product portfolio, further accelerating growth in this business.

Top Dairy Alternatives Manufacturers

Danone North America Public Benefit Corporation (US)

The Hain Celestial Group, Inc. (US)

Blue Diamond Growers (US)

Freedom Foods Group Limited (Australia)

Valsoia S.p.A (Italy)

SunOpta (Canada)

Qatly Group AB (Sweden)

Sanitarium (New Zealand)

Key Questions Answered in the Dairy Alternatives Market Report

Market size snapshot: How big is the dairy alternative sector?

What are dairy alternatives market trends?

Is there Oceania (New Zealand and Australia) specific information (market size, players, growth rate) for the global dairy alternatives market?