#Plant-Based Milk Market Size 2022 | Explore Tumblr Posts and Blogs

joeypetter · 2 years ago

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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.

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mariacallous · 1 month ago

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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.

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amrutatbrc1 · 13 days ago

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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.

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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

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industrynewsupdates · 19 days ago

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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.

#Protein Ingredients Market #Protein Ingredients Market size #Protein Ingredients Market share #Protein Ingredients Market analysis #Protein Ingredients Industry

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rakshasns · 26 days ago

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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.

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industryforecastnews · 1 month ago

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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

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#Plant-based Butter Market #Plant-based Butter Market Size #Plant-based Butter Market Share #Plant-based Butter Market Trends #Plant-based Butter Market Growth

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reliablemarketsizereports · 2 months ago

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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.

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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)

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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.

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KEY PRODUCT APPLICATION COVERED

Hypermarkets and Supermarkets

Convenience Stores

Others

KEY PRODUCT TYPES COVERED

Vegetable Butter

Nut Butter

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rupalic · 3 months ago

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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.

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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.

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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.

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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)

#Dairy Alternatives Market

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custommarketinsightsreports · 6 months ago

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coherentmarketinsights · 7 months ago

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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.

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aimarketresearch · 7 months ago

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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.

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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.

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marketinsight1234 · 8 months ago

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Alfalfa Market: Global Industry Analysis and Forecast 2023 – 2030

Global Alfalfa Market Size Was Valued at USD 265.33 metric tons In 2022 And Is Projected to Reach USD 426.11 metric tons By 2030, Growing at A CAGR of 16.2% From 2023 To 2030.

Alfalfa is a tonic plant rich in proteins, minerals, enzymes, and vitamins. A bulk quantity of the whole plant is required in the pharmaceutical industries, especially for homeopathic pharmacies. The increasing awareness regarding animal nutrition among the people is one of the important key factors driving the growth of the market. This can be attributed to the increasing consumer demand for chemical-free meat and milk-based products. Product manufacturers are using innovative processing and harvesting machinery to produce long-fiber hay cubes and hay products with enhanced fiber content.

In the US, beef industries have the most influence over alfalfa and hay prices. In terms of regional analysis, North America, particularly the US is the largest producer as well as exporter of alfalfa owing to the country's excellent geographical conditions. The country is known for its various best-quality alfalfa products.

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The latest research on the Alfalfa market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Alfalfa industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Alfalfa market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Leading players involved in the Alfalfa Market include:

S&W Seed (US), Hay USA Inc. (US), Oxbow Animal Health (US), Bailey Farms International (US), Haykingdom Inc (US), Mc Cracken Hay (US), Cubeit Hay (US), Standlee Hay (US), Al Dahra ACX Global Inc. (US), Anderson Hay & Grain (US), Green Prairie International Inc- (Canada), Carli Group (Italy), Border Valley (India), Riverina (Australia)

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Segmentation of Alfalfa Market:

By Feed Type

Hays

Bales

Pellets

Cubes

By Application

Dairy Cow Feed

Cattle and Sheep Feed

Pig Feed

Horse Feed

Poultry Feed

By Animal Type

Cattle

Horse

By Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

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(1) A complete section of the Alfalfa market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.

(2) Another broad section of the research study is reserved for regional analysis of the Alfalfa market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.

(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Alfalfa market.

(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Alfalfa market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.

(5) Readers are provided with findings and conclusion of the research study provided in the Alfalfa Market report.

Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.

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#Alfalfa #Alfalfa Market #Alfalfa Market Size #Alfalfa Market Share #Alfalfa Market Growth #Alfalfa Market Trend #Alfalfa Market segment #Alfalfa Market Opportunity #Alfalfa Market Analysis 2023

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spookysaladchaos · 8 months ago

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Organic Tofu, Global Market Size Forecast, Top 16 Players Rank and Market Share

Organic Tofu Market Summary

Tofu, also known as bean curd, is a food prepared by coagulating soy milk and then pressing the resulting curds into solid white blocks of varying softness. Tofu is made up of three ingredients: soybeans, water, and a coagulant—usually nigari (magnesium chloride) or gypsum (calcium sulfate).

Organic Tofu by law has to be made from organic, non GM soya beans which are grown sustainably without using artificial fertilizers, herbicides and pesticides. Environmentally, organic soya is a very beneficial crop because its roots fix nitrogen in the soil which most other plants take out.

According to the new market research report “Global Organic Tofu Market Report 2023-2029”, published by QYResearch, the global Organic Tofu market size is projected to reach USD 1931.6 million by 2029, at a CAGR of 8.9% during the forecast period.

Figure. Global Organic Tofu Market Size (US$ Million), 2018-2029

Based on or includes research from QYResearch: Global Organic Tofu Market Report 2023-2029.

Market Drivers:

The public's awareness of the nutritional value of soybeans and the concept of healthy consumption continue to improve.

Beans are an important source of protein, and like seafood, livestock and poultry meat, they can provide iron and zinc. They are also rich in dietary fiber, potassium, folic acid and other nutrients commonly found in other vegetables. A healthy diet should include beans. Organic Tofu can be served as a meat or cheese substitute. It is cholesterol free, lactose free and lower in saturated fat.

In addition, with the improvement of living standards and cultural quality, the public's awareness of healthy eating is also increasing, advocating scientific diet and balanced nutrition, reducing the consumption of high-fat and high-calorie meat food, and increasing the consumption of green and healthy vegetarian food. It will promote the public's enthusiasm for the consumption of soy products, which will benefit the long-term development of the industry.

Restraint:

The soy product industry is developing rapidly, but the industry concentration is still low and market competition is fierce.

As price competition is likely to grow more intense in the future, the manufacturer would respond by working to reduce costs further and bring to market high-value-added products that feature the Company’s proprietary technologies. However, in the event that rivals introduce products at prices the Company cannot match or if customer demand changes, the company’s profitability may worsen, and its earnings and financial condition may deteriorate.

The soy product manufacturing industry is not highly concentrated, and the barriers to entry are relatively low. Small enterprises and small workshops still occupy a considerable share of the market. Such enterprises have limited food safety monitoring capabilities and cannot meet national standards for environmental protection. Illegal addition of preservatives and Excessive use of additives, etc., is likely to cause food safety problems.

Opportunity:

Organic tofu has a relatively high market penetration rate in European and American countries, but less attention in countries such as Asia. The main reason is that European and American countries attach great importance to organic products and have higher requirements for healthy living.

The Asian region, especially countries such as Japan, China, and South Korea, is becoming an important force for the rapid growth of the organic tofu market.

Figure. Organic Tofu, Global Market Size, The Top Five Players Hold 29% of Overall Market

Based on or includes research from QYResearch: Global Organic Tofu Market Report 2023-2029.

In 2022, the global top five Organic Tofu players account for 29% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Organic Tofu.

Figure. Organic Tofu, Global Market Size, Split by Product Segment

Based on or includes research from QYResearch: Global Organic Tofu Market Report 2023-2029.

In terms of product type, Firm Tofu is the largest segment, hold a share of 56%.

Figure. Organic Tofu, Global Market Size, Split by Application Segment

Based on or includes research from QYResearch: Global Organic Tofu Market Report 2023-2029.

In terms of product application, Home Use is the largest application, hold a share of 68%.

Figure. Organic Tofu, Global Market Size, Split by Region

Based on or includes research from QYResearch: Global Organic Tofu Market Report 2023-2029.

About The Authors

Sang Yehan - Lead Author

Email: [email protected]

Sang Yehan is a technology & market analyst specializing in machinery equipment, chemical materials and medical devices. Sang has 2 years of experience in market research, focusing on medical products (such as Intracardiac Echocardiography, CADCAM Dental Restorative Materials, Self-adhesive Elastic Bandage, Medical Surgical Film, Transparent Film Dressings, Medical Surgical Film， Blood and IV Fluid Infusion Warmer, etc.) and Chemical materials (such as Helium 3, Lepidolite, Bio-based 1,3-propanediol, etc.).She is engaged in the development of technology and market reports and is also involved in custom projects.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

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market-spy · 8 months ago

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The Cheese Chronicles: Unveiling the Gooey World of Dairy Delights

Cheese enthusiasts, brace yourselves! We’re about to embark on a journey through the luscious landscapes of the global cheese market. Forget decoding and navigating the intricacies of statistical jargon; we’re here to make cheese talk as smooth as a creamy brie.

Cheese: Not Just a Slice of Life, but a $164.2 Billion Industry!

Picture this: a whopping USD 164.2 billion worth of cheese globally in 2022. It’s not just a dairy product; it’s a thriving market, growing at a CAGR of 19.6%. That’s right, folks — the cheese world is expanding faster than a pizza lover’s waistline on a Friday night.

From Curd to Cash: The Business of Cheese

Cheese, the dairy darling, isn’t just about mozzarella and cheddar anymore. It’s an art form — a result of curd processing, maturation, and a sprinkle of magic. Whether it’s the classic cow’s milk or the adventurous buffalo, sheep, or goat options, the cheese market has it all. You’ll find yourself drowning in choices — mozzarella, cheddar, feta, and even the mysterious blue cheese.

Cheese: Not Just Delicious, but a Nutrient Powerhouse!

Cheese isn’t just a guilty pleasure; it’s a nutritional powerhouse. Packed with calcium, fat, protein, and other goodies, it’s the superhero of dairy. Bone strength? Check. Heart health? Check. And even if you’re lactose intolerant, fear not — there are cheeses like Roquefort, parmesan, and cheddar that might just be your lactose-free heroes.

Sustainability and Innovation: The Cheese Revolution!

Hold your cheese knives; there’s a revolution underway! As some folks claim to cut down on cheese, technology and innovation are making cheese production more sustainable. Companies are jumping on the health wagon, promoting the benefits of cheese and churning out sustainable alternatives.

Market Watch: Where’s the Cheese Money At?

Size Matters: The global cheese market was valued at a jaw-dropping USD 164.2 billion in 2022.

Animal vs. Plant: Animal-based cheese is the kingpin, but watch out for the underdog — plant-based cheese is growing at breakneck speed.

Global Spread: Europe, North America, Asia Pacific — everyone’s got a slice of the cheese pie.

Cheese Segmentation: Because One Size Doesn’t Fit All!

By Source: Animal-based or plant-based — pick your side in the cheese war.

By Type: Processed or natural — the eternal debate continues.

By Product: Cheddar, mozzarella, parmesan — each with its own fan club.

By Form: Block, spreadable — cheese, but make it diverse.

By Distribution Channel: OEM or aftermarket — because cheese needs its own lanes.

Market Dynamics: The Good, the Gooey, and the Gouda

Driving Forces:

High Natural Cheese Consumption: Versatility, variety, and the love for ethnic foods are boosting cheese consumption.

Speed Bumps:

Excessive Consumption Risks: Beware the saturated fat and sodium — too much cheese might lead to a dairy-induced tragedy.

Cheese Celebrities: The Big Players

In this grand cheese opera, some players steal the limelight:

The Kraft Heinz Company (US)

Fonterra Co-operative Group Limited (New Zealand)

Arla Foods amba (Germany)

Recent Developments: Cheese Making Waves

Emmi Roth’s Tomato Basil Havarti: Because cheese is not just a topping; it’s the star!

Land O Lakes’ Shredded Cheese Line: Shredding expectations, one cheese at a time.

For More Information: https://www.skyquestt.com/report/cheese-market

Key Market Trends: Cheese, Not Just for Mac ’n’ Cheese Anymore!

Artisanal and Functional Foods: Cheese is getting a makeover with fresh, artisanal, and exclusive products. Because who said cheese can’t be trendy?

Final Slice: The Cheese Market’s Future

In a world where cheese consumption is on the rise, and sustainability is the buzzword, the global cheese market is set to continue its gooey expansion. Despite health concerns and occasional price fluctuations, cheese remains a beloved indulgence for diverse consumers worldwide.

So, cheese aficionados, let’s raise our cheese platters and toast to a future that’s as rich and diverse as the world of cheeses itself! Happy cheesing!

Disclaimer: No cheese was harmed in the making of this blog, but some might have been consumed during the writing process.

About Us-

SkyQuest Technology Group is a Global Market Intelligence, Innovation Management & Commercialization organization that connects innovation to new markets, networks & collaborators for achieving Sustainable Development Goals.

SkyQuest Technology Consulting Pvt. Ltd.

1 Apache Way,

Westford,

Massachusetts 01886

USA (+1) 617–230–0741

Email- [email protected]

Website: https://www.skyquestt.com

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sqinsights · 8 months ago

Text

The Cheese Chronicles: Unveiling the Gooey World of Dairy Delights

Cheese: Not Just a Slice of Life, but a $164.2 Billion Industry!

From Curd to Cash: The Business of Cheese

Cheese: Not Just Delicious, but a Nutrient Powerhouse!

Sustainability and Innovation: The Cheese Revolution!

Market Watch: Where’s the Cheese Money At?

Size Matters: The global cheese market was valued at a jaw-dropping USD 164.2 billion in 2022.

Animal vs. Plant: Animal-based cheese is the kingpin, but watch out for the underdog — plant-based cheese is growing at breakneck speed.

Global Spread: Europe, North America, Asia Pacific — everyone’s got a slice of the cheese pie.

Cheese Segmentation: Because One Size Doesn’t Fit All!

By Source: Animal-based or plant-based — pick your side in the cheese war.

By Type: Processed or natural — the eternal debate continues.

By Product: Cheddar, mozzarella, parmesan — each with its own fan club.

By Form: Block, spreadable — cheese, but make it diverse.

By Distribution Channel: OEM or aftermarket — because cheese needs its own lanes.

Market Dynamics: The Good, the Gooey, and the Gouda

Driving Forces:

High Natural Cheese Consumption: Versatility, variety, and the love for ethnic foods are boosting cheese consumption.

Speed Bumps:

Excessive Consumption Risks: Beware the saturated fat and sodium — too much cheese might lead to a dairy-induced tragedy.

Cheese Celebrities: The Big Players

In this grand cheese opera, some players steal the limelight:

The Kraft Heinz Company (US)

Fonterra Co-operative Group Limited (New Zealand)

Arla Foods amba (Germany)

Recent Developments: Cheese Making Waves

Emmi Roth’s Tomato Basil Havarti: Because cheese is not just a topping; it’s the star!

Land O Lakes’ Shredded Cheese Line: Shredding expectations, one cheese at a time.

For More Information: https://www.skyquestt.com/report/cheese-market

Key Market Trends: Cheese, Not Just for Mac ’n’ Cheese Anymore!

Artisanal and Functional Foods: Cheese is getting a makeover with fresh, artisanal, and exclusive products. Because who said cheese can’t be trendy?

Final Slice: The Cheese Market’s Future

So, cheese aficionados, let’s raise our cheese platters and toast to a future that’s as rich and diverse as the world of cheeses itself! Happy cheesing!

Disclaimer: No cheese was harmed in the making of this blog, but some might have been consumed during the writing process.

About Us-

SkyQuest Technology Consulting Pvt. Ltd.

1 Apache Way,

Westford,

Massachusetts 01886

USA (+1) 617–230–0741

Email- [email protected]

Website: https://www.skyquestt.com

0 notes

delvenservices · 1 year ago

Text

Oat Milk Market Future Scope, Business Growth, Trends, Overview and Shares Analysis

According to Delvens, “Global Oat Milk Market Revenue, Share & Trends Analysis Report, By Source (Organic, Conventional), By Product (Plain, Flavoured), By Packaging (Cartons, Bottle), By Distribution Channel, Region, Supply & Demand Side Analysis, and Segment Forecasts, 2023–2030”. The Global Oat Milk Market is expected to reach USD 3.9 billion by 2030 from USD 2.4 billion in 2022, registering impressive expansion at a compound annual growth rate (CAGR) of 12.9%.

The Oat Milk Market report clearly explains what market definition, classifications, applications, engagements and market trends are for the Food & Beverages industry. This market study estimates the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. This global market research report is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Analysis and estimation of important industry trends, market size, and market share are mentioned in the Oat Milk Market report.

Some of the major players are Oatly; Rise Brewing; Thrive Market; Happy Planet Foods; Califia Farms; The Coca-Cola Company; Elmhurst; Pacific Foods; Danone; and HP Hood LLC among others.

Get a Sample Copy of the Global Oat Milk Market Report: https://www.delvens.com/get-free-sample/oat-milk-market-trends-forecast-till-2028

The Global Oat Milk Market report delivers a holistic analysis to understand the development scope and derive the growth rate for the forecast period. The report particularizes the market condition and forecasts the market size in the future. The report further studies the opportunities, influencers, driving factors, and limitations, through a thorough study of the leading market players of the oat milk market from the different global regions, their product types, and application markets. The prime aim of the report is to determine the revenue growth, market value, market share, CAGR, scope, challenges, growth promoters, etc.

Consumers were asked in a study about their experiences with oat milk and how seriously they take environmental issues. It was discovered that younger consumer generations were more likely to have tried or plan to try oat milk (78% for 18–24-year-olds). This information highlights the growing trend of consumers wanting to test new items and suggests that the industry will continue to expand as Gen-Z joins the workforce and starts to have more disposable income. It’s interesting to note that 25% of respondents said they had tried the beverage but didn’t care for it. This suggests that there is still some open space for rival businesses to fill. We also observe that, compared to those who have no interest, a higher percentage of respondents who have tried or want to try oat milk are generally more concerned about the environment.

Players in the business use a variety of marketing channels. The majority of sales in the plant-based milk category now come from chilled variations rather than the original shelf-stable retail offers for plant-based milk. Foodservice collaborations, like the one between Oatly and Starbucks, also contribute significantly to sales. According to Oatly, the food service channel accounts for 36% of its sales. Furthermore, with a CAGR of 14.10% for online sales of oat milk, the e-commerce channel is anticipated to develop the fastest. Oatly claims good margin targets of 40% gross profit margin and 20% adjusted EBITDA margin. The recurrent operating margin for Danone as a whole is 13.1%. An alfalfa-based milk may be able to attain similar or greater margins given the superior availability of alfalfa, its lower production cost, and the assumption of equivalent processing techniques.

Oat Milk Market Report Scope

Report Feature

Descriptions

Growth Rate

CAGR of 12.9% during the forecasting period, 2023–2030

Historical Data

2019–2021

Forecast Years

2023–2030

Base Year

2022

Units Considered

Revenue in USD billion and CAGR from 2023 to 2030

Report Segmentation

Source, Product, Packaging, and Region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

PACIFIC FOODS OF OREGON, LLC., Oatly, Califia Farms, Danone, HP HOOD LLC, PepsiCo, HAPPY PLANET FOODS., Drinks Brokers Ltd, Alpro, The Quaker Oats Company, Pureharvest, Danone, The Kraft Heinz Company, Yili Industrial Group Company Limited, China Mengniu Dairy Company Limited, Mother Dairy Fruit & Vegetable Pvt. Ltd., Nestlé, Fonterra Co-operative Group, Lactalis International, Dean Foods, Hiland, Umang Daries Pvt. Ltd., DAIRY FARMERS OF AMERICA, FrieslandCampina, LALA BRANDED PRODUCTS, LLC, Oy Karl Fazer Ab, RISO SCOTTI S.p.A., and Elmhurst Milked Direct LLC

Available Customization

In addition to the market data for the Oat milk Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirement.

Inquire Before Buying: https://www.delvens.com/Inquire-before-buying/oat-milk-market-trends-forecast-till-2028

Oat Milk Market Overview

The market’s growth is linked to the rise in vegans’ and health-conscious customers’ need for milk made from plants that are high in nutrients. Due to issues including lactose intolerance, allergies, and the rising popularity of low-cholesterol diets, manufacturers have been obliged to introduce several plant-based replacements. This has boosted the market for oat milk, which satisfies customer demand for allergy-free products and has other positive health effects.

Manufacturers like Oatly are searching for unique milk extraction techniques to develop differentiating selling features and differentiate their goods from those of the competitors. Manufacturers purchase premium raw materials directly from farmers, lowering the cost of the finished product and fostering market growth. Due to the increasing consumer tendency towards the consumption of high-protein foods, the market for plant-based milk has grown. The demand for high-protein beverages has increased due to the population’s predisposition to exercise and sports, and it is anticipated that this trend will continue during the projected period.

Oat Milk Market Segmentation Analysis

Based on the source segment

The conventional source segment had the largest revenue share (almost 72.1%) in 2022 because of its extensive market penetration and cost-effectiveness. Manufacturers are also launching new products to expand their market share. For instance, to attract a sizable customer base, The Coca-Cola Company launched a new oat milk product under its Simply brand in April 2021 with a variety of flavours. The organic source market is predicted to see a significant CAGR between 2023 and 2030. Consumer health consciousness, a preference for pesticide-free products, and knowledge of adulteration in conventional commodities are all factors contributing to this rising growth.

Based on the product segment

The plain category overtook all other product categories in 2022 with a share of around 56.4%. The flavour-based product line appeals to customers and targets the comfort and health categories, growing at a significant CAGR during the projection period. Consumers are becoming more interested in products that offer a pleasurable experience, enhance flavour, and are beneficial to their health. There is a discernible increase in the number of people purchasing oat milk with additional tastes as a result of customer interest in the ethnic and exotic flavours provided by the manufacturers.

Based on the packaging segment

In 2022, the segment selling cartons had the highest revenue share at almost 47.1%. This is a result of the rising need for packaging options with high-quality and long shelf lives. Demand for the segment is also being driven by the growing popularity of Tetra Pak carton packaging, which is predominantly made of paperboard. Because of its lightweight characteristics and sustainability, carton packaging is receiving a major investment from several important organisations. The widespread use of carton packaging for oat milk is a result of a rise in global awareness regarding the sustainability of paper-based cartons. To boost sales, manufacturers and suppliers are emphasising the creation of packaging with eye-catching colours and distinctive patterns.

Based on the distribution channel segment

With a share of over 42.6% in 2022, the supermarkets and hypermarkets segment became the main distribution channel segment. The penetration of oat milk through the supermarket is rising as a result of improvements in the retail industry worldwide and the presence of international brands in these stores. Large grocery chains like Target, Lidl, Kroger, and Walmart sell dairy substitutes like oat milk. Sales of oat milk are anticipated to increase throughout the projection period as a result of consumers being drawn to hypermarkets and supermarkets by annual memberships and discounts offered on large purchases.

Oat Milk Market Regional Insights

With a market share of more than 46.2% in terms of value, Asia Pacific dominated the oat milk market in 2022. The need for nutritious food has increased in Asia Pacific as a result of changing lifestyles, urbanisation, and dietary preferences, which are projected to drive market figures. Due to the increased incidence of cardiovascular diseases and the number of weight management programmes, the market for plant-based milk is predicted to grow favourably in the area.

North America is expected to have significant growth over the anticipated period due to the high level of consumer awareness regarding the protein content and nutritional benefits of oat milk. The great popularity of e-commerce portals as a selling medium has led to an expansion of the market for dairy replacements in the region. The prevalence of lactose intolerance and milk allergies in North America is expected to increase, which will lead to a rise in the use of oat milk. Regional food and beverage makers are incorporating dairy substitutes into their products to appeal to a growing consumer base that is selecting plant-based products, which is causing the industry to expand even more.

Since there was such a high degree of demand for vegan and plant-based products in the region, Europe held a substantial portion of the market in 2022. Oat milk producers are concentrating on the nations in the area to enhance their market share. For instance, Califia Farms introduced a long-life oat beverage in 2020 that was only available to consumers in the United Kingdom. The company wanted to enhance the penetration of its products across the nation by persuading people to switch from dairy milk and reduce their environmental impact.

Oat Milk Market Outlook

Oat milk is a vegan product prepared from whole oat grains, which are rich in nutritional fibre, protein, and fatty acids that are vital for maintaining health. Oat milk is used in place of farm milk by vegetarians and others who are lactose intolerant since it has a comparable flavour and consistency. Oat milk provides a respectable amount of low fat and is a milk that is devoid of cholesterol.

The increasing demand for lactose-free goods because of how easily they can be digested is one of the primary drivers boosting the market for oat milk. The increasing number of people who are lactose intolerant is the main factor driving the growth of the oat milk market during the forecast period of 2023–2030. As more people learn about its benefits over other dairy substitutes, the market is likewise expanding. Increased health consciousness and oat milk’s higher fibre content than dairy milk are further factors that are expected to drive market expansion for this product between 2023 and 2030. The firm is hampered by high package maintenance expenses, though. The market’s potential for growth for oat milk is constrained by easy access to substitutes like almond milk and coconut milk. In developing economies, there is also a lack of knowledge about the advantages, which will impede market expansion over the projection period of 2023–2030.

Additionally, throughout the aforementioned forecast period, the market for oat milk will have plenty of growth potential due to the low prevalence of manufacturers in developing economies.

Key Companies & Market Share Insights

Some of the key players operating in the global oat milk market are PACIFIC FOODS OF OREGON, LLC., Oatly, Califia Farms, Danone, HP HOOD LLC, PepsiCo, HAPPY PLANET FOODS., Drinks Brokers Ltd, Alpro, The Quaker Oats Company, Pureharvest, Danone, The Kraft Heinz Company, Yili Industrial Group Company Limited, China Mengniu Dairy Company Limited, Mother Dairy Fruit & Vegetable Pvt. Ltd., Nestlé, Fonterra Co-operative Group, Lactalis International, Dean Foods, Hiland, Umang Daries Pvt. Ltd., DAIRY FARMERS OF AMERICA, FrieslandCampina, LALA BRANDED PRODUCTS, LLC, Oy Karl Fazer Ab, RISO SCOTTI S.p.A., and Elmhurst Milked Direct LLC among others.

Recent Developments

· The world’s first and largest oat drink manufacturer, Oatly Group AB (Nasdaq: OTLY)(“Oatly” or the “Company”), today announced a significant partnership with Deutsche Bahn (DB) in Germany: starting on January 1, 2022, the Oatly Barista Edition will be offered to passengers as the first-ever plant-based milk alternative in the onboard catering of ICE and Intercity trains.

· The forward-thinking and creative Happy Planet brand is introducing new varieties of oat milk, including Barista Edition and Chocolate. Over 50% of Americans now buy dairy-free milk, which has had a +425 per cent spike from the previous year and is continuing to soar in popularity.

Global Oat Milk Market Table of Contents

Source Outlook

· Organic

· Conventional

Product Outlook

· Plain

· Flavoured

Packaging Outlook

· Cartons

· Bottles

· Others

Distribution Channel Outlook

· Supermarkets & Hypermarkets

· Convenience Stores

· Online Retail

· Others

Regional Outlook

· Europe

o Germany

o U.K.

o France

o Italy

o Spain

o Sweden

o Austria

o Finland

o Belgium

o Turkey

o Russia

o Poland

o Hungary

o Czech Republic

o Switzerland

o Netherlands

o Rest of Europe

· North America

o U.S.

o Canada

o Mexico

· Asia-Pacific

o Japan

o China

o India

o Australia

o South Korea

o Vietnam

o New Zealand

o Philippines

o Thailand

o Malaysia

o Hong Kong

o Taiwan

o Singapore

o Indonesia

o Sri Lanka

o Rest of Asia-Pacific

· South America

o Brazil

o Argentina

o Chile

o Colombia

o Rest of South America

· Middle East And Africa

o South Africa

o U.A.E.

o Saudi Arabia

o Oman

o Qatar

o Iran

o Egypt

o Rest of Middle East and Africa

For More Food & Beverages Industry Reports: https://www.delvens.com/industry/food-beverages

Direct Purchase of Oat Milk Market Research Report at: https://www.delvens.com/checkout/oat-milk-market-trends-forecast-till-2028

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