Global Dairy Alternative Beverages Market Overview and Forecasts 2015-2020 by Radiant Insights

" Market outlook of dairy alternative drinks
Technavios market research analyst predicts the global dairy alternative drinks market to grow steadily at a CAGR of approximately 15% between 2015 and 2019. The nutritional benefits of dairy alternative drinks are the key growth drivers of this market. Dairy alternative drinks are plant-based milk made from cereals, nuts, and seeds. Health issues such as lactose intolerance, milk allergy, and the genetic disorder such as Phenylketonuria can be resolved by taking dairy alternative beverages as these are plant based milk and are free from animal proteins. Moreover, they have low-fat and low-cholesterol levels, making them a popular choice for health-conscious consumers and vegans.

The growing demand for almond milk is expected to aid the market growth during the forecast period Almond milk is a good source of unsaturated fats, is rich in proteins and omega fatty acids, and is derived from natural almond oils. It helps in improving vision, strengthens the bone, maintains cardiovascular health, building strong muscles, aids in controlling the blood pressure, and can also be used as a substitute for breast milk.

Browse Complete Summary Click Here @

Product segmentation and analysis of the dairy alternative drinks market
Almond milk
Rice milk
Soy milk
Others (coconut milk, hazelnut milk, hemp milk, and oat milk)

The almond milk segment dominated the market during 2014, accounting for a market share of around 38%. Almond milk aids in improving the immune function and helps in reducing the risk of osteoporosis. Moreover, it contains no hormones and is prescribed by dermatologists to patients with acne.

Geographical segmentation and analysis of the dairy alternative drinks market

APAC accounted for around 45% of the market share during 2014 and is expected to retain its market leadership...