Dairy Alternatives Market to be dominated by Asia Pacific region at a CAGR of 12.62%- Says Maximize Market Research
PUNE, India, July 25, 2024 /PRNewswire/ -- According to Maximize Market Research "Dairy Alternatives Market" report by Source (Soy, Almond, Coconut, Rice, Oats, Others), and Distribution Channel (Supermarket & Hypermarkets, Convenience Stores, Online retail, others) is expected to reach 61.49 Billion by 2030 from 26.76 Billion in 2023 at a CAGR of 12.62%. Veganism has risen as a lifestyle choice that avoids eating animal-derived products, including dairy. The growing global awareness of animal cruelty has increased demand for dairy alternatives at a rapid pace. Customers consider a vegan diet for a healthy choice, preferring dairy substitutes as an alternative.
Global Dairy Alternatives Market 2023-2030: Key Highlights:
Market Size in 2023 |
USD 26.76 Billion |
Market Size in 2030 |
USD 61.49 Billion |
CAGR |
12.62 % |
Forecast Period |
2024-2030 |
Base Year |
2023 |
Number of Pages |
229 |
No. of Tables |
135 |
No. of Charts and Figures |
193 |
Segment Covered |
By Source and Distribution Channel |
Regional Scope |
North America, Europe, Asia Pacific, Middle East and Africa, South America |
Report Coverage |