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The Milk Substitutes (Non-Dairy Milk) Global Market Report 2021-30 by The Business Research Company describes and explains the global milk substitutes (non-dairy milk) market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Milk Substitutes (Non-Dairy Milk) Global Market Report 2021 covers milk substitutes (non-dairy milk) market drivers, milk substitutes (non-dairy milk) market trends, milk substitutes (non-dairy milk) market segments, milk substitutes (non-dairy milk) market growth rate, milk substitutes (non-dairy milk) market major players, and milk substitutes (non-dairy milk) market size.
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The milk substitutes (non-dairy milk) market report provides an in-depth analysis of the impact of COVID-19 on the global milk substitutes (non-dairy milk) industry, along with revised market numbers due to the effects of the coronavirus and the expected milk substitutes (non-dairy milk) market growth numbers 2021-2030.
Milk Substitutes (Non-Dairy Milk) Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global milk substitutes (non-dairy milk) market is expected to grow from $19.93 billion in 2020 to $21.44 billion in 2021 at a compound annual growth rate (CAGR) of 7.6%. The non-dairy milk market is expected to reach $31.28 billion in 2025 at a CAGR of 9.9%.
The report covers the milk substitute market segments-
1) By Type: Soy Milk, Almond Milk, Rice Milk, Others.
2) By Application: Food, Beverages.
3) By Distribution Channel: Supermarkets, Hypermarkets, Convenience Stores, Specialty Stores, Online Retail Stores, Others.
4) By Formulation: Plain-Sweetened, Plain-Unsweetened, Flavored-Sweetened, Others.
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