#Plant-Based Milk Market Size 2022

[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. 

Request a Sample Copy of this Report @: https://reportsandinsights.com/sample-request/5917

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.

Wish to Know More About the Study? Click here to get a Report Description: https://reportsandinsights.com/pressrelease/plant-based-milk-market

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

About Reports and Insights:

Reports and Insights is one of the leading market research companies which offers syndicate and consulting research around the globe. At Reports and Insights, we adhere to the client needs and regularly ponder to bring out more valuable and real outcomes for our customers. We are equipped with strategically enhanced group of researchers and analysts that redefines and stabilizes the business polarity in different categorical dimensions of the market.

Contact Us:

Neil Jonathan

1820 Avenue M, Brooklyn

NY 11230, United States

+1-(718) 312-8686

Find Us on LinkedIn: www.linkedin.com/company/report-and-insights/

View Latest Market Updates at: https://marketsresearchanalytics.com

[mariacallous]

Milton Orr looked across the rolling hills in northeast Tennessee. “I remember when we had over 1,000 dairy farms in this county. Now we have less than 40,” Orr, an agriculture adviser for Greene County, Tennessee, told me with a tinge of sadness.

That was six years ago. Today, only 14 dairy farms remain in Greene County, and there are only 125 dairy farms in all of Tennessee. Across the country, the dairy industry is seeing the same trend: In 1970, more than 648,000 US dairy farms milked cattle. By 2022, only 24,470 dairy farms were in operation.

While the number of dairy farms has fallen, the average herd size—the number of cows per farm—has been rising. Today, more than 60 percent of all milk production occurs on farms with more than 2,500 cows.

This massive consolidation in dairy farming has an impact on rural communities. It also makes it more difficult for consumers to know where their food comes from and how it’s produced.

As a dairy specialist at the University of Tennessee, I’m constantly asked: Why are dairies going out of business? Well, like our friends’ Facebook relationship status, it’s complicated.

The Problem with Pricing

The biggest complication is how dairy farmers are paid for the products they produce.

In 1937, the Federal Milk Marketing Orders, or FMMO, were established under the Agricultural Marketing Agreement Act. The purpose of these orders was to set a monthly, uniform minimum price for milk based on its end use and to ensure that farmers were paid accurately and in a timely manner.

Farmers were paid based on how the milk they harvested was used, and that’s still how it works today.

Does it become bottled milk? That’s Class 1 price. Yogurt? Class 2 price. Cheddar cheese? Class 3 price. Butter or powdered dry milk? Class 4. Traditionally, Class 1 receives the highest price.

There are 11 FMMOs that divide up the country. The Florida, Southeast, and Appalachian FMMOs focus heavily on Class 1, or bottled, milk. The other FMMOs, such as Upper Midwest and Pacific Northwest, have more manufactured products such as cheese and butter.

For the past several decades, farmers have generally received the minimum price. Improvements in milk quality, milk production, transportation, refrigeration, and processing all led to greater quantities of milk, greater shelf life, and greater access to products across the US. Growing supply reduced competition among processing plants and reduced overall prices.

Along with these improvements in production came increased costs of production, such as cattle feed, farm labor, veterinary care, fuel, and equipment costs.

Researchers at the University of Tennessee in 2022 compared the price received for milk across regions against the primary costs of production: feed and labor. The results show why farms are struggling.

From 2005 to 2020, milk sales income per 100 pounds of milk produced ranged from $11.54 to $29.80, with an average price of $18.57. For that same period, the total costs to produce 100 pounds of milk ranged from $11.27 to $43.88, with an average cost of $25.80.

On average, that meant a single cow that produced 24,000 pounds of milk brought in about $4,457. Yet, it cost $6,192 to produce that milk, meaning a loss for the dairy farmer.

More efficient farms are able to reduce their costs of production by improving cow health, reproductive performance, and feed-to-milk conversion ratios. Larger farms or groups of farmers—cooperatives such as Dairy Farmers of America—may also be able to take advantage of forward contracting on grain and future milk prices. Investments in precision technologies such as robotic milking systems, rotary parlors, and wearable health and reproductive technologies can help reduce labor costs across farms.

Regardless of size, surviving in the dairy industry takes passion, dedication, and careful business management.

Some regions have had greater losses than others, which largely ties back to how farmers are paid, meaning the classes of milk, and the rising costs of production in their area. There are some insurance and hedging programs that can help farmers offset high costs of production or unexpected drops in price. If farmers take advantage of them, data shows they can functions as a safety net, but they don’t fix the underlying problem of costs exceeding income.

Passing the Torch to Future Farmers

Why do some dairy farmers still persist, despite low milk prices and high costs of production?

For many farmers, the answer is because it is a family business and a part of their heritage. Ninety-seven percent of US dairy farms are family owned and operated.

Some have grown large to survive. For many others, transitioning to the next generation is a major hurdle.

The average age of all farmers in the 2022 Census of Agriculture was 58.1. Only 9 percent were considered “young farmers,” age 34 or younger. These trends are also reflected in the dairy world. Yet, only 53 percent of all producers said they were actively engaged in estate or succession planning, meaning they had at least identified a successor.

How to Help Family Dairy Farms Thrive

In theory, buying more dairy would drive up the market value of those products and influence the price producers receive for their milk. Society has actually done that. Dairy consumption has never been higher. But the way people consume dairy has changed.

Americans eat a lot, and I mean a lot, of cheese. We also consume a good amount of ice cream, yogurt, and butter, but not as much milk as we used to.

Does this mean the US should change the way milk is priced? Maybe.

The FMMO is currently undergoing reform, which may help stem the tide of dairy farmers exiting. The reform focuses on being more reflective of modern cows’ ability to produce greater fat and protein amounts; updating the cost support processors receive for cheese, butter, nonfat dry milk, and dried whey; and updating the way Class 1 is valued, among other changes. In theory, these changes would put milk pricing in line with the cost of production across the country.

The US Department of Agriculture is also providing support for four Dairy Business Innovation Initiatives to help dairy farmers find ways to keep their operations going for future generations through grants, research support, and technical assistance.

Another way to boost local dairies is to buy directly from a farmer. Value-added or farmstead dairy operations that make and sell milk and products such as cheese straight to customers have been growing. These operations come with financial risks for the farmer, however. Being responsible for milking, processing, and marketing your milk takes the already big job of milk production and adds two more jobs on top of it. And customers have to be financially able to pay a higher price for the product and be willing to travel to get it.

[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

Contact Us: The Business Research Company Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293 Email: info@tbrc.info

Follow Us On: LinkedIn: https://in.linkedin.com/company/the-business-research-company Twitter: https://twitter.com/tbrc_info Facebook: https://www.facebook.com/TheBusinessResearchCompany YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ Blog: https://blog.tbrc.info/ Healthcare Blog: https://healthcareresearchreports.com/ Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

[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.

[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.

Book a meeting with our experts to discuss your business needs: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=677

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?

[amrutatbrc1]

Dairy Blends Market 2024-2033 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies 

The dairy blends 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.

Dairy Blends 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 dairy blends market size has grown strongly in recent years. It will grow from $3.67 billion in 2023 to $3.96 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%.The growth in the historic period can be attributed to changing consumer preferences, cost efficiency, improved shelf stability, globalization of food industry, functional and nutritional enhancements.

The dairy blends market size is expected to see strong growth in the next few years. It will grow to $5.46 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%.The growth in the forecast period can be attributed to supply chain enhancements, emerging market demand, diverse food applications. Major trends in the forecast period include regional and ethnic variations, packaging innovation, transparency and traceability, culinary innovation and applications, allergen-free options, marketing strategies, product innovation.

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

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.

Market Drivers - The increase in milk production used for various dairy products is expected to propel the dairy blend market going forward. Milk production refers to the milk produced for various milk products or dairy products. Consumers are showing interest in dairy products as they are conscious of their health. Milk is a source of rich protein and is therefore used in the preparation of various dairy blends. As a result, an increase in milk production increases the demand for the dairy blend market. For instance, In February 2022, according to a U.S.-based agency, U.S. 2021 milk production totaled 226.3 billion pounds, representing an increase of 2.9 billion pounds over 2020. Therefore, the increased milk production used for various dairy products is driving the dairy blend market.

Market Trends - Product innovation is a key trend in the dairy blend market. Major companies operating in the dairy blends sector are focused on developing new products to meet customer demand. For instance, in June 2022, Danone, a France-based company operating in dairy blends, launched a unique dairy and plant blend baby formula to provide a better option for parents to feed their babies. This unique formula combines dairy blends with plant nutrition that provides complete nutrition for babies, including plant proteins, fats, and fibers. This is the first blended baby formula with 60% proteins from plants and 40% dairy proteins.

The dairy blends market covered in this report is segmented –

1) By Type: Dairy Mixture, Dairy/Non Dairy Ingredients, Dairy As A Functional Ingredient, Dairy As A Carrier 2) By Form: Spreadable, Liquid, Powder 3) By Flavor: Regular, Flavoured 4) By Distribution Channel: B2B, B2C 5) By Application: Ice Cream And Frozen Desserts, Sweet And Savory Snacks, Bakery And Confectionery, Infant Nutrition And Baby Food, Beverages, Meat, Seafood, Dietary Supplements

Get an inside scoop of the dairy blends market, Request now for Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=8257&type=smp

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

Key Companies - Major companies operating in the dairy blends market report are Cape Food Ingredients West Africa Ltd., All American Foods Inc., Cargill Incorporated, Fonterra Co-operative Group Limited, Kerry Group plc, Royal FrieslandCampina NV, Döhler Inc., Agropur Ingredients LLC, Advanced Food Products LLC, Glanbia plc, Galloway Company Inc., Interfood Holding B.V., Intermix Australia Pty Ltd., Ace International LLP, Dairy Farmers of America Inc., Danone SA, Nestlé SA, Dean Foods Company, Land O'Lakes Inc., Archer Daniels Midland Company (ADM), Batory Foods, Bunge Limited, Foremost Farms USA Cooperative, Idaho Milk Products Inc., Lactalis Ingredients SA, Leprino Foods Company, MCT Dairies Inc., Milk Specialties Global Co., Pacific Dairy Ingredients Inc., Westland Co-operative Dairy Company Limited

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

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: info@tbrc.info

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

[industrynewsupdates]

Protein Ingredients Market Business Analysis, Recent Development And Forecast, 2030

The global protein ingredients market size 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. 

The market is gaining momentum and witnessing a high demand owing to rising demand for food products, such as margarine, cold cuts, bakery products, spreads, yogurt, and milk sausages, which are produced using protein ingredients. Increasing consumption of these products among health-conscious and elderly consumers is also fueling the industry’s growth. Moreover, a rise in the innovation of several proteins by various manufacturers that constitute a wide range of amino acids and perform specific functions, including satiety, muscle repair, weight loss, and energy balance, is expected to present immense growth opportunities for the market.

The industry has witnessed a considerable increase in the consumption of animal-based products in the recent past. Animal protein is expected to witness further growth over the next few years in the U.S. Momentous demand for these products derived from animal sources in the domestic market is expected to ascend the product demand. The supply chain initiatives undertaken by the ingredient manufacturing companies to strengthen the distribution of products are further expected to drive the market over the forecast period.

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

Protein Ingredients Market Report Highlights

• By product, plant proteins are expected to witness the fastest growth over the forecast period owing to the increased use of protein ingredients in food and beverages. Increasing use of plant proteins in a wide range of applications, including manufacturing of fertilizers, paper coatings, and printing inks, is creating lucrative growth opportunities for the segment

• Animal/dairy proteins held the largest revenue share of over 78.94% in 2022 owing to the growing adoption of these products in developed markets. Whey protein is expected to witness significant growth over the forecast period as it is largely popular among fitness-savvy consumers

• North America dominated the market with more than 33.56% share of the global revenue in 2022 owing to the high demand from the U.S. food and beverages sector. Consumer markets developing in Asia Pacific are growing at a high pace due to a rise in disposable income and changing lifestyle, resulting in significant growth of the regional market

• The Middle East and Africa is expected to exhibit a revenue-based CAGR of 9.6% from 2021 to 2028. This is attributed to supportive government policies as well as improved economic indicators, which have resulted in the increased availability of packaged foods amongst the urban and rural population

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

• The global fermented ingredients market size was valued at USD 35.3 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 11.1% from 2024 to 2030.

• The global milk protein market size was estimated at USD 6.63 billion in 2023 and is projected to grow at a CAGR of 3.2% from 2024 to 2030.

Protein Ingredients Market Segmentation

Grand View Research has segmented the protein ingredients market based on product, application, and region:

Protein Ingredients Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• Plant Proteins

o Cereals

o Wheat

o Wheat Protein Concentrates

o Wheat Protein Isolates

o Textured Wheat Protein

o Hydrolyzed Wheat Protein

o HMEC/HMMA Wheat Protein

o Rice

o Rice Protein Isolates

o Rice Protein Concentrates

o Hydrolyzed Rice Protein

o Others

o Oats

o Oat Protein Concentrates

o Oat Protein Isolates

o Hydrolyzed Oat Protein

o Others

o Legumes

o Soy

o Soy Protein Concentrates

o Soy Protein Isolates

o Textured Soy Protein

o Hydrolyzed Soy Protein

o HMEC/HMMA Soy Protein

o Pea

o Pea Protein Concentrates

o Pea Protein Isolates

o Textured Pea Protein

o Hydrolyzed Pea Protein

o HMEC/HMMA Pea Protein

o Lupine

o Chickpea

o Others

o Roots

o Potato

o Potato Protein Concentrate

o Potato Protein Isolate

o Maca

o Others

o Ancient Grains

o Ancient Wheat

o Quinoa

o Sorghum

o Amaranth

o Chia

o Millet

o Others

o Nuts & Seeds

o Canola

o Canola Protein Isolates

o Hydrolyzed Canola Protein

o Others

o Almond

o Flaxseeds

o Others

o Animal/Dairy Proteins

o Egg Protein

o Milk Protein Concentrates/Isolates

o Whey Protein Concentrates

o Whey Protein Hydrolysates

o Whey Protein Isolates

o Gelatin

o Casein/Caseinates

o Collagen Peptides

o Microbe-based Protein

o Algae

o Bacteria

o Yeast

o Fungi

o Insect Protein

o Coleoptera

o Lepidoptera

o Hymenoptera

o Orthoptera

o Hemiptera

o Diptera

o Others

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

[rakshasns]

Vegan Food Market : Worldwide Industry Analysis By 2023 - 2030

Vegan Food to Reach $60.04 Billion by 2030, Growing at a CAGR of 11.79%

Vegan Food Size, Share, and Forecast Report 2023-2030

Introduction

The Vegan Food Market Size is witnessing remarkable growth as consumer preferences shift toward plant-based diets driven by health, environmental, and ethical considerations. Valued at $24.61 billion in 2022, the vegan food is projected to expand significantly, reaching $60.04 billion by 2030. This growth reflects a robust compound annual growth rate (CAGR) of 11.79% from 2023 to 2030. With increasing awareness of the benefits of vegan diets, the is poised to reshape the food industry landscape.

This press release provides insights into the key drivers propelling growth, highlights emerging trends, offers a detailed segmentation analysis, and presents regional insights as the vegan food continues to evolve globally.

 Drivers and Growth Factors

Several factors are fueling the growth of the vegan food :

Increasing Health Consciousness: Consumers are becoming more aware of the health benefits associated with plant-based diets, including lower risks of chronic diseases, obesity, and cardiovascular issues. The demand for healthier food alternatives is driving the adoption of vegan food products among health-conscious consumers.

Rising Environmental Concerns: The environmental impact of animal agriculture, including greenhouse gas emissions, deforestation, and water consumption, is prompting consumers to seek sustainable food options. The vegan food is gaining traction as people prioritize environmentally friendly choices, leading to increased demand for plant-based products.

Ethical Considerations: Growing awareness of animal welfare issues is influencing consumer choices. Many individuals are adopting vegan diets as a way to align their eating habits with their ethical beliefs regarding animal rights. This shift is expected to continue driving the for vegan food products.

Expansion of Product Offerings: The vegan food is rapidly evolving, with an increasing variety of products available to consumers. From dairy alternatives to meat substitutes, brands are innovating to create delicious, satisfying, and accessible vegan options, attracting a broader consumer base.

Increased Availability and Accessibility: The rise of e-commerce and the expansion of vegan products in supers and specialty stores have made plant-based foods more accessible to consumers. This increased availability is driving higher sales and encouraging more people to try vegan options.

 Segmentation

The global vegan food can be segmented by product type, distribution channel, and region.

By Product Type:

Dairy Alternatives: This segment includes plant-based milk (such as almond, soy, oat, and coconut milk), cheese substitutes, yogurt alternatives, and creamers. Dairy alternatives are increasingly popular among consumers seeking lactose-free options or looking to reduce dairy consumption.

Meat Substitutes: Meat substitutes are designed to mimic the taste and texture of meat products. This segment includes products such as plant-based burgers, sausages, and nuggets made from ingredients like pea protein, soy, and other plant-derived proteins. The demand for meat substitutes is rising as more consumers adopt flexitarian diets and seek healthier protein options.

Others: This segment encompasses various other vegan food products, including snacks, desserts, condiments, and ready-to-eat meals. The variety of options available in this category is growing, catering to the diverse tastes and preferences of consumers.

By Distribution Channel:

Offline: Offline retail channels include supers, hypers, health food stores, and specialty vegan shops. Traditional retail continues to be a significant channel for vegan food products, providing consumers with the opportunity to explore different brands and products.

Online: The online segment is rapidly growing, driven by the convenience of e-commerce and the ability to reach a wider audience. Many consumers are turning to online platforms for purchasing vegan food products, leading to increased sales through digital channels.

Regional Outlook

North America: North America is one of the largest s for vegan food, with the U.S. leading the way. The growing popularity of plant-based diets, coupled with increasing awareness of health and sustainability, is driving demand for vegan products. The presence of established brands and innovative startups in the region further fuels growth.

Europe: Europe is a significant for vegan food, with countries such as Germany, the U.K., and France witnessing rapid growth. European consumers are highly health-conscious and environmentally aware, leading to increased adoption of plant-based diets. The rise of clean-label products and sustainability initiatives is driving demand for vegan alternatives in the region.

Asia-Pacific: The Asia-Pacific region is expected to experience the fastest growth in the vegan food during the forecast period. Factors such as rising disposable incomes, urbanization, and a growing focus on health and wellness are driving the demand for plant-based foods in countries like China, India, and Japan.

Latin America and Middle East & Africa: These regions are emerging s for vegan food, with growing interest in plant-based diets and an increasing number of vegan products becoming available. Brazil and South Africa are key contributors to growth in these areas.

Trends Shaping the Future of the Vegan Food

Innovation in Plant-Based Products: As consumer preferences evolve, food manufacturers are investing in research and development to create innovative plant-based products that mimic the taste, texture, and appearance of animal-based foods. This trend is expected to attract a broader consumer base and drive growth.

Focus on Clean Label and Transparency: Consumers are increasingly seeking products with simple, recognizable ingredients. Brands that prioritize clean labeling and transparency in sourcing are likely to gain a competitive edge in the vegan food .

Emergence of Vegan Convenience Foods: With the busy lifestyles of consumers, there is a growing demand for convenient, ready-to-eat vegan meals and snacks. The availability of frozen, packaged, and on-the-go options is making it easier for consumers to incorporate vegan choices into their diets.

Sustainability Initiatives: Brands are focusing on sustainable sourcing and production practices to meet the demands of environmentally conscious consumers. This includes using eco-friendly packaging, reducing food waste, and sourcing ingredients from sustainable farms.

Key Players

Several key players are leading the growth of the vegan food , including:

Beyond Meat, Inc.

Impossible Foods Inc.

Nestlé S.A.

Tofurky Company

Oatly AB

These companies are at the forefront of innovation in the vegan food space, developing new products and expanding their presence to cater to the growing demand for plant-based foods.

Conclusion

The global vegan food is on a significant growth trajectory, driven by rising health awareness, environmental concerns, and the demand for sustainable food options. With a projected CAGR of 11.79% from 2023 to 2030, the is expected to reach $60.04 billion by 2030, offering ample opportunities for innovation and expansion across various sectors.

Read More Details @ https://www.snsinsider.com/reports/vegan-food-market-1311

Contact Us:

Akash Anand – Head of Business Development & Strategy

info@snsinsider.com

Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)

SNS Insider Offering/ Consulting Services:

Go To Market Assessment Service

Total Addressable Market (TAM) Assessment

Competitive Benchmarking and Market Share Gain

[industryforecastnews]

Plant-based Butter Market Size To Reach USD 3.72 Billion By 2030

 Plant-based Butter Market Growth & Trends

The global plant-based butter market is expected to reach USD 3.72 billion by 2030, exhibiting a CAGR of 6.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising awareness about the health risks associated with excessive consumption of animal fats has led many consumers to seek healthier alternatives, with plant-based butter seen as a more heart-friendly option. Environmental consciousness plays a significant role, as consumers increasingly recognize the lower carbon footprint and reduced resource consumption of plant-based products compared to their dairy counterparts. The growing prevalence of lactose intolerance and dairy allergies worldwide has expanded the market for dairy alternatives, including plant-based butter. Technological innovations in food science have dramatically improved the taste, texture, and functionality of plant-based butter, making it more appealing to a broader consumer base.

There's a growing demand for clean-label products, with consumers seeking options made from simple, recognizable ingredients. Manufacturers are responding by developing products with shorter ingredient lists and avoiding artificial additives. Another trend is the focus on functional ingredients, with plant-based butter incorporating nutrients like omega-3 fatty acids, vitamins, and minerals to appeal to health-conscious consumers. The market is also seeing a rise in premium and artisanal plant-based butter offerings, catering to consumers looking for gourmet experiences. Additionally, there's an increasing emphasis on sustainable packaging, with brands exploring eco-friendly alternatives to traditional plastic containers.

Recent developments in the market include significant product innovations and strategic moves by key players. Major food companies have been entering the market through acquisitions or launching their own plant-based lines, bringing substantial resources for research, development, and marketing. There's been a surge in new product launches featuring unique ingredient combinations, such as blends of different plant oils to achieve optimal taste and texture profiles. Some brands have introduced cultured plant-based butter, using fermentation processes to replicate the tangy flavor of traditional dairy butter.

For instance, in February 2022, Miyoko's Creamery, known for its plant-based dairy products, introduced its Organic Cultured Oat Milk Butter to Walmart stores across the U.S. This 12 oz. butter is crafted from whole-grain oat milk, sunflower oil, and coconut oil, providing an allergen-friendly spread. It is free from soy, cashews, gluten, lactose, and palm oil, meeting the needs of consumers with diverse dietary preferences. Moreover, it holds USDA Certified Organic status and is made without artificial colors or preservatives, emphasizing its commitment to natural ingredients.

On the technological front, advancements in food processing techniques have led to improved mouthfeel and meltability of plant-based butter, making them more comparable to dairy butter in cooking and baking applications. Some companies have also been exploring novel ingredients like algae or fermented oils to create more sustainable and nutritionally enhanced products.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/plant-based-butter-market-report

Plant-based Butter Market Report Highlights

Coconut butter represented 35.50% of revenue in 2023, favored for its creamy texture and mild flavor similar to traditional butter. Health benefits like medium-chain triglycerides (MCTs) enhance its appeal among health-conscious consumers, contributing to its market dominance.

Non-flavored plant-based butter held a 64.96% revenue share in 2023, prized for its versatility and ability to replicate the neutral, creamy taste of dairy butter. Its appeal lies in simplicity and authenticity, making it a preferred choice for cooking, baking, and spreading without altering dish flavors.

B2C sales accounted for 67.62% of revenue in 2023, driven by widespread availability in retail outlets like supermarkets and online platforms. Direct consumer access aligns with growing health consciousness, ethical considerations, and dietary preferences such as veganism, cementing B2C channels as the primary distribution choice.

North America dominated the market with over 34.58% revenue share in 2023, fueled by strong consumer demand for health-conscious and vegan options. Early adoption of food trends, established manufacturers, extensive retail networks, and supportive regulatory frameworks contribute to the region's market leadership.

Plant-based Butter Market Segmentation

Grand View Research has segmented the global plant-based butter market based on source, nature, distribution channel, flavor, and region.

Plant-based Butter Source Outlook (Revenue, USD Million, 2018 - 2030)

Almond

Oat

Soy

Coconut

Others

Plant-based Butter Nature Outlook (Revenue, USD Million, 2018 - 2030)

Organic

Conventional

Plant-based Butter Flavor Outlook (Revenue, USD Million, 2018 - 2030)

Flavored Butter

Non-Flavored Butter

Plant-based Butter Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

B2B

B2C

Plant-based Butter Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

Europe

Asia Pacific

Central & South America

Middle East & Africa

List of Key Players in the Plant-based Butter Market

Upfield

Miyoko’s Creamery

Conagra, Inc.

Califia Farms, LLC

Kite Hill

Ripple Foods, PBC

Elmhurst Buttered Direct, LLC

Milkadamia

Fora Foods

Naturli’ Foods A/S

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/plant-based-butter-market-report

[reliablemarketsizereports]

Vegan Butter Market growth, trend, opportunity and forecast 2024-2030

Vegan Butter Market

The Vegan Butter Market is expected to grow from USD 1.10 Billion in 2022 to USD 2.10 Billion by 2030, at a CAGR of 7.90% during the forecast period.

Get the sample report: https://www.reportprime.com/enquiry/sample-report/6370 

Vegan Butter Market Size

Vegan Butter is a non-dairy substitute for traditional butter made from animal milk. It is commonly made from vegetable oils, nuts, and sometimes even avocado. The market for vegan butter has been segmented based on type into two categories: vegetable butter and nut butter. It has various applications, including hypermarkets and supermarkets, convenience stores, and others. North America, Asia Pacific, the Middle East, Africa, Australia, and Europe are the regions where the vegan butter market is growing. Some of the leading market players in the vegan butter industry are Miyoko's (US), I Can't Believe It's Not Butter (US), Conagra Brands, Inc. (US), WayFare Foods (Montana), Prosperity Organic Foods, Inc. (Idaho), and Naturli Foods (Denmark). Regulatory and legal factors, such as food labeling requirements or organic certification, are critical in determining the acceptance and growth of the vegan butter market. The vegan butter market is set to grow significantly in the coming years as consumers become more health-conscious and environmentally aware.

Vegan Butter Market Key Players

Miyoko's (US)

I Can't Believe It's Not Butter (US)

Conagra Brands, Inc. (US)

WayFare Foods (Montana)

Prosperity Organic Foods, Inc. (Idaho)

Inquire Now: https://www.reportprime.com/enquiry/pre-order/6370 

Vegan Butter Market Segment Analysis

The latest trends in the Vegan Butter market include the use of innovative plant-based ingredients such as cashews, soy milk, and coconut oil. Manufacturers are also focusing on developing new flavors and textures to provide a wide range of options to consumers. In addition, the market is witnessing significant growth in the online sales of vegan butter products through e-commerce platforms, which offer convenience and a wider product selection.

In conclusion, the Vegan Butter market is growing rapidly, driven by consumers' changing lifestyles, ethical concerns, and a desire for sustainable food practices. While the market faces some challenges, there are significant opportunities for growth in the coming years. Manufacturers need to focus on innovation, affordability, and expanding their distribution channels to capitalize on the growing demand for vegan butter products.

This report covers impact on COVID-19 and Russia-Ukraine wars in detail.

Purchase this report: https://www.reportprime.com/checkout?id=6370&price=3590 

KEY PRODUCT APPLICATION COVERED

Hypermarkets and Supermarkets

Convenience Stores

Others

KEY PRODUCT TYPES COVERED

Vegetable Butter

Nut Butter

Contact Info: 

Krishna Sharma

US:- +1 507 500 7209

Email:- sales@reportprime.com

Website:- https://www.reportprime.com/

Browse more reports:

https://www.linkedin.com/pulse/unlocking-growth-potential-market-strategic-analysis-qy8te?trackingId=dXimzEwYRkeaTCG1wOp4Bw%3D%3Dhttps://www.linkedin.com/pulse/unlocking-growth-potential-market-strategic-analysis-qy8te?trackingId=dXimzEwYRkeaTCG1wOp4Bw%3D%3Dhttps://www.linkedin.com/pulse/unlocking-growth-potential-market-strategic-analysis-qy8te?trackingId=dXimzEwYRkeaTCG1wOp4Bw%3D%3Dhttps://www.linkedin.com/pulse/unlocking-growth-potential-market-strategic-analysis-qy8te?trackingId=dXimzEwYRkeaTCG1wOp4Bw%3D%3Dhttps://www.linkedin.com/pulse/unlocking-growth-potential-market-strategic-analysis-qy8te?trackingId=dXimzEwYRkeaTCG1wOp4Bw%3D%3Dhttps://www.linkedin.com/pulse/unlocking-growth-potential-market-strategic-analysis-qy8te?trackingId=dXimzEwYRkeaTCG1wOp4Bw%3D%3Dhttps://www.linkedin.com/pulse/unlocking-growth-potential-market-strategic-analysis-qy8te?trackingId=dXimzEwYRkeaTCG1wOp4Bw%3D%3Dhttps://www.linkedin.com/pulse/unlocking-growth-potential-market-strategic-analysis-qy8te?trackingId=dXimzEwYRkeaTCG1wOp4Bw%3D%3Dhttps://www.linkedin.com/pulse/unlocking-growth-potential-market-strategic-analysis-qy8te?trackingId=dXimzEwYRkeaTCG1wOp4Bw%3D%3Dhttps://www.linkedin.com/pulse/property-inspection-software-market-size-segmentation-trends-mafre?trackingId=2yRsqlphTLCPbMDo2e%2FnMQ%3D%3D

[jayanthitbrc]

Global Flax Seeds Market Analysis 2024: Size Forecast and Growth Prospects

The flax seeds 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.

Flax Seeds 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 flax seeds market size has grown rapidly in recent years. It will grow from $0.78 billion in 2023 to $0.90 billion in 2024 at a compound annual growth rate (CAGR) of 14.7%. The growth in the historic period can be attributed to growth in governmental and institutional support, rise in vegan and vegetarian diets, growth in health-conscious consumer behavior, rise in organic food consumption, and growth in the number of flax seed-based products.

The flax seeds market size is expected to see rapid growth in the next few years. It will grow to $1.56 billion in 2028 at a compound annual growth rate (CAGR) of 15.0%. The growth in the forecast period can be attributed to rising demand for plant-based foods, growing e-commerce platforms, rising popularity of super foods, rising popularity of super foods, and rising global demand for functional food. Major trends in the forecast period include technological advancements, functional foods, dietary supplements, plant-based diets, and superfoods.

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

Scope Of Flax Seeds 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.

Flax Seeds Market Overview

Market Drivers - The rising demand for plant-based foods is expected to propel the growth of the flax seeds market going forward. Plant-based foods are derived from plants such as fruits, vegetables, grains, nuts, seeds, and legumes and are chosen for their nutritional value and eco-friendly benefits. The demand for plant-based foods is driven by health consciousness, environmental concerns, and ethical considerations as consumers increasingly seek healthier, more sustainable, and cruelty-free dietary options. Flax seeds can be seamlessly integrated into various plant-based dishes such as smoothies, baked goods, salads, and dressings, enhancing their nutritional content and making them a favorite ingredient for many plant-based recipes. For instance, in April 2023, according to The Good Food Institute, a US-based nonprofit organization promoting plant- and cell-based products, the US retail market for plant-based foods sales increased from $7.4 billion in 2021 to $8 billion by 2022. Therefore, the rising demand for plant-based foods is driving the growth of the flax seeds market.

Market Trends - Major companies operating in the flax seeds market are focused on developing innovative products, such as flex sheet milk, to improve heart health and soothe digestive ailments. Flaxseed milk is a plant-based alternative made from flax seeds, rich in omega-3 fatty acids, fiber, and other nutrients. For instance, in April 2022, Malibu Mylk, a US-based non-dairy beverage company, launched Flax Mylk, the world’s first high-fiber milk made from whole, organic flaxseeds. This pioneering non-dairy milk, available in 700 US grocery stores and online, uniquely utilizes whole flaxseeds without straining, thus retaining the full nutritional benefits. This milk is rich in fiber and vegan omega-3 fatty acids, flax mylk is believed to provide health benefits such as reducing inflammation, lowering cholesterol, and supporting digestion. It is allergen-friendly, devoid of gums, oils, and synthetic vitamins, and is naturally sweetened with dates.

The flax seeds market covered in this report is segmented –

1) By Type: Whole Flax Seed, Flax Seed Powder, Flax Seed Oil, Other Types 2) By Distribution Channel: Business To Business, Business To Consumers 3) By Nature: Organic, Conventional 4) By End Use: Food And Beverage Industry, Nutraceuticals, Animal feed, Retail Or Households, Industrials

Get an inside scoop of the flax seeds market, Request now for Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=19061&type=smp

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

Key Companies - Major companies operating in the flax seeds market are Cargill Incorporated, Archer Daniels Midland Company, WinCo Foods LLC, Glanbia plc, KRBL Limited, Grain Millers Inc., Bob's Red Mill Natural Foods Inc., Linwoods Health Foods Ltd., Healthy Food Ingredients LLC, AgMotion Specialty Grains Inc., Bioriginal Food & Science Corp, Shape Foods Inc., Healthy Oilseeds LLC, Pragati Agribiz Pvt Ltd., TA Foods Limited, CanMar Grain Products Ltd., Simosis International Inc., BTL Herbs and Spices Pvt Ltd., Eastmade Spices and Herbs Pvt Ltd., Gingerly Naturals Pvt Ltd., Global Resource Direct LLC, Satva Industries Pvt Ltd., Waltanna Farms Pty Ltd., Paragon Flax LLC

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

Contact Us: The Business Research Company Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293 Email: info@tbrc.info

Follow Us On: LinkedIn: https://in.linkedin.com/company/the-business-research-company Twitter: https://twitter.com/tbrc_info Facebook: https://www.facebook.com/TheBusinessResearchCompany YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ Blog: https://blog.tbrc.info/ Healthcare Blog: https://healthcareresearchreports.com/ Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

[coherentmarketinsights]

Lactic Acid: A Key Player in Bioplastics and Beyond

Lactic Acid: A Versatile Platform Chemical Emerging As A Sustainable Alternative Background on Lactic Acid Lactic acid is an organic acid that is produced as a byproduct of glycolysis, which is the process of breaking down glucose and producing cellular energy in the form of ATP. It was first isolated from sour milk in 1780 by the Swedish chemist Carl Wilhelm Scheele. For many years, lactic acid was mainly produced by bacterial fermentation of carbohydrate sources like glucose, lactose, or starch. It has multiple industrial uses and is classified as a platform chemical due to its versatility. Uses of Lactic Acid Some key uses of lactic acid include: Polylactic Acid Production Polylactic acid or PLA is a biodegradable thermoplastic polyester produced from lactic acid monomers. It is seen as an environmentally sustainable alternative to petroleum-based plastics. PLA's end applications include food packaging, 3D printing filaments, textiles, medical implants etc. Global production capacity of PLA is increasing rapidly to meet growing demand from major brands seeking sustainable materials. Personal Care Products Lactic acid is commonly used as an exfoliant and skin brightening agent in cosmetics and personal care items like face washes, scrubs, creams etc. due to its keratolytic and humectant properties. It helps remove dead skin cells and maintains the skin's pH balance. The global personal care market for lactic acid valued at over $120 million is projected to reach $170 million by 2024. Food Additive Lactic acid functions as a food additive with the E number E270. It is used as a preservative, acidity regulator and flavoring agent in products like dried fruits, pickles, processed meat, baked goods, soda etc. It prevents the growth of microbes responsible for food spoilage. The food additive market for lactic acid is estimated at $70-80 million annually. Pharmaceuticals In the pharmaceutical industry, lactic acid finds applications as an excipient and active ingredient in treatments. It helps manufacture various medicines through direct compression as a granulating, binding and lubricating agent. Lactic acid also plays a key role in vaginal antiseptics and certain systemic drugs. Other Industrial Uses Lactic acid derivatives also serve as building blocks for producing biodegradable polymers, detergents, textiles, leather, industrial chemicals, downstream plasticizers and solvents. Emerging applications include its use as a complexing agent for heavy metal removal from industrial wastewater. Sustainable Production Methods Traditionally, lactic acid was primarily produced by fermentation of sugars using bacterial strains like Lactobacillus. While this process is sustainable, low-cost raw materials used for fermentation limit large-scale supply. Recent innovations now allow producing lactic acid from lignocellulosic biomass resources like agricultural residues and wood waste through biochemical and chemical routes. These second-generation technologies offer higher yields, lower costs and make lactic acid a truly sustainable ‘green’ chemical. Major companies globally have commercial plants producing tens of thousands of metric tons annually through such integrated biorefinery models. Government policies also support lactic acid production from non-food feedstocks in regions like the European Union and United States.

[rupalic]

Dairy Alternatives Market to Showcase Continued Growth in the Coming Years

The dairy alternatives industry refers to the industry that produces and sells products intended as substitutes for traditional dairy products like milk, cheese, yogurt, and butter. These alternatives are typically plant-based and cater to consumers who are lactose intolerant, have dairy allergies, or prefer vegan or vegetarian diets.

Get PDF: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=677

The market has been growing due to increasing health awareness, dietary restrictions, and environmental concerns associated with traditional dairy production. Popular dairy alternatives include almond milk, soy milk, oat milk, coconut milk, and various nut-based cheeses and yogurts.

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.

In recent years, the global food industry has witnessed a significant shift in consumer preferences, with a growing demand for dairy alternatives. This trend reflects changing consumer attitudes toward health, sustainability, and ethical considerations. As more people seek to reduce or eliminate dairy products from their diets, the market for dairy alternatives has experienced exponential growth. One of the primary drivers behind the surge in demand for dairy alternatives is the increasing focus on health and wellness. Many consumers are becoming more health-conscious and are looking for options that align with their dietary preferences and restrictions.

The Dairy Alternatives Market Growth Drivers

Health and Dietary Preferences: Many consumers are choosing dairy alternatives due to lactose intolerance, dairy allergies, or dietary preferences such as veganism or vegetarianism.

Rising Health Consciousness: There’s a growing awareness of the health benefits associated with plant-based diets, including reduced cholesterol levels and lower risk of certain health conditions.

Environmental Concerns: Concerns about the environmental impact of traditional dairy farming, including greenhouse gas emissions and water usage, have prompted consumers to seek more sustainable options.

Product Innovation: Continuous innovation in plant-based technologies has led to a wider variety of dairy alternatives that closely mimic the taste and texture of traditional dairy products.

Availability and Accessibility: Dairy alternatives are now widely available in supermarkets, health food stores, and online, making them more accessible to consumers globally.

Corporate Initiatives: Many food companies and dairy producers have expanded their portfolios to include dairy alternatives, responding to shifting consumer preferences and market demand.

Obtain precise market intelligence that delivers exceptional value for your investment:

Why is the Asia Pacific region advantageous for dairy alternative suppliers and manufacturers in terms of production and processing costs?

As the global population continues to grow, it places greater pressure on already limited resources. Rising energy costs and increasing expenses for raw materials directly impact food prices, disproportionately affecting lower-income individuals. This strain on the food supply is aggravated by water scarcity, particularly acute in regions like Africa and Northern Asia. Moreover, the Asia Pacific region stands out for its cost-effective advantages in production and processing. These factors combine to provide dairy alternative suppliers and manufacturers a competitive edge in meeting high demand.

Responding to changing lifestyles, people are increasingly drawn to nutritious and healthier food choices. The distinction between fast food and unhealthy junk food is expected to sharpen as consumers actively seek convenient yet health-conscious options. Recognizing naturally high-nutritional-value products emerges as a pivotal opportunity for suppliers and manufacturers within this evolving market landscape.

The soy segment is estimated to account for the largest dairy alternatives market share.

Dairy alternatives made from soy are widely used as effective dairy product substitutes and hold a substantial market share. The remarkable nutritional potential of soy-based products is the reason for their growing popularity and consumption. These products are considered to be great dairy alternatives, especially for those who are lactose intolerant, because they are rich providers of calcium and proteins. Furthermore, casein, a frequent allergen present in a variety of dairy products, is absent from soy-based goods.

Asia Pacific’s Leadership in Dairy Alternatives

Due to busy lives and rising disposable incomes, the Asia-Pacific area is seeing a rise in demand for fortified nutritional food and beverage products. Because of customer preferences, the adoption of dairy substitutes is anticipated to increase more quickly within this trend. The use of cheap and plentiful soymilk is probably going to increase due to the region’s increased economic dominance. To satisfy the growing consumer demand for healthier drinks and pasteurized soymilk as dairy alternatives, food manufacturers are launching a variety of soymilk varieties that give distinct flavor possibilities. This focuses on the analysis of significant nations in the area, such as China, India, Japan, and Australia.

Schedule a call with our Analysts to discuss your business needs: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=677

Sanitarium Health & Wellbeing Company, Vitasoy International Holdings Limited, Freedom Foods Group Ltd., and Purebates are important market players in this space. The Asia-Pacific region’s dairy alternatives market is growing as a result of shifting customer preferences. Due to factors like rising foreign direct investment in the food sector, dietary diversity, and urbanization, the market for dairy alternatives is currently undergoing considerable changes in this region. Furthermore, there are encouraging growth prospects for the food industry in the region due to factors like rising income levels, the middle class’s quick population expansion, increased consumer knowledge of fitness and health, and the desire for nutrient- and health-conscious products.

Top Dairy Alternatives Companies

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)

Eden Foods, Inc. (US)

Triballat Noyal (France)

Earth’s Own Food Company Inc. (Canada)

[aimarketresearch]

Phytonutrients Market Size, Share, Trends, Key Drivers, Growth Opportunities and Competitive Outlook

Global Phytonutrients Market study by Data Bridge Market Research provides details about the market dynamics affecting this market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years.

Phytonutrients Market report provides top to bottom assessment of the market with respect to income and developing business sector. The report encompasses several market dynamics while also evaluating the growth rate and the market value based on market dynamics and growth inducing factors. The industry analysis report is mainly explored under four major areas which are market definition, market segmentation, competitive analysis and research methodology. Phytonutrients Market business report also covers strategic profiling of the major players in the market, comprehensive analysis of their fundamental competencies, and thereby keeping competitive landscape of the market in front of the client.

Phytonutrients Market, By Type (Flavonoids, Carotenoids, Polyphenols, Alkaloids, Phytosterols, Vitamins, Monoterpenes, Resveratrol, Phytoestrogens, Isothiocyanates, Allyl Sulfides, Glucosinolates, Lignans, Betalains, and Others), Function (Immune System, Vision, Skin Health, Bone Health, Cardiovascular Health, Anti-Cancer, Lung Health, Blood Vessel Health, Woman Health, Anti-Cholesterol, and Others), Source (Spice, Herb, Flower, Tea, Fruit, Vegetables, Cereals, Legumes, Oilseeds, Marine Plant Extracts), Form (Liquid, Dry), Category (Organic, Conventional), Nature (Blended, Pure), Application (Food Products, Beverages, Nutraceuticals, and Dietary Supplements, Cosmetics and Personal Care, Animal Feed, Pharmaceuticals, Others) Industry Trends and Forecast to 2029.

Access Full 350 Pages PDF Report @

Highlights of TOC:

Chapter 1: Market overview

Chapter 2: Global Phytonutrients Market

Chapter 3: Regional analysis of the Global Phytonutrients Market industry

Chapter 4: Phytonutrients Market segmentation based on types and applications

Chapter 5: Revenue analysis based on types and applications

Chapter 6: Market share

Chapter 7: Competitive Landscape

Chapter 8: Drivers, Restraints, Challenges, and Opportunities

Chapter 9: Gross Margin and Price Analysis

Key takeaways from the Phytonutrients Market report:

Detailed considerate of Phytonutrients Market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.

Comprehensive valuation of all prospects and threat in the

In depth study of industry strategies for growth of the Phytonutrients Market-leading players.

Phytonutrients Market latest innovations and major procedures.

Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.

Conclusive study about the growth conspiracy of Phytonutrients Market for forthcoming years.

Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, GCCVsRegional and Vendor Share Analysis. Please request an analyst call in case of further inquiry.

Browse Trending Reports:

Plant-Based Milk Market Size, Share, Trends, Growth Opportunities and Competitive Outlook https://www.databridgemarketresearch.com/reports/global-plant-based-milk-market

Beer Market Size, Share, Trends, Growth and Competitive Outlook https://www.databridgemarketresearch.com/reports/global-beer-market

Ready to Drink (RTD) Mocktails Market Size, Share, Trends, Demand, Growth and Opportunity Analysis https://www.databridgemarketresearch.com/reports/global-ready-to-drink-rtd-mocktails-market

Dairy Protein Market Size, Share, Trends, Opportunities, Key Drivers and Growth Prospectus https://www.databridgemarketresearch.com/reports/global-dairy-protein-market

Ready-To-Drink (RTD) Protein Beverages Market Size, Share, Trends, Industry Growth and Competitive Analysis https://www.databridgemarketresearch.com/reports/global-rtd-protein-beverages-market

About Data Bridge Market Research:

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact Us:

Data Bridge Market Research

US: +1 888 387 2818

UK: +44 208 089 1725

Hong Kong: +852 8192 7475

Email: corporatesales@databridgemarketresearch.com