(Food-Beverage-News.Com, August 30, 2024 ) The Dairy Alternatives Market size was valued at USD 26.76 Billion in 2023 and the total Dairy Alternatives revenue is expected to grow at a CAGR of 12.62% from 2024 to 2030, reaching nearly USD 61.49 Billion by 2030.
North America dairy alternatives market globally, with the US leading. The US saw 22.5% increase in oat meal milk in 2023, with FDA approving plant-based alternatives it is expected to drive the market further. Seeking dairy alternatives is significant for various reasons, such as lactose intolerance, environmental concerns, and dietary requirements such as lower amounts of saturated fat and cholesterol. With FDA seeking to release formal guidelines for plant based milk products, the United States dairy alternatives market will take the lead in forecast period as well.
Maximize Market Research is leading Food & Beverages research firm, has also published the following reports:
Global Seafood Market size was valued at USD 37.84 Bn in 2023 and is expected to reach USD 171.54 Bn by 2030, at a CAGR of 24.10 %.
Ethiopia Spices Market size was valued at 23.54 million Tons in 2023 and the total Ethiopia Spices Market revenue is expected to grow at a CAGR of 9.5 % from 2024 to 2030, reaching nearly 44.43 million Tons by 2030.
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