Dairy Alternatives Market: Global Industry Analysis
According to MarketsandMarkets, the dairy alternatives market is estimated to be valued at USD 22.6 billion in 2020 and is projected to reach USD 40.6 billion by 2026, recording a CAGR of 10.3%. It is witnessing significant growth due to increasing instances of lactose allergies, changing consumer lifestyles, and growing health awareness among consumers. Consumers are increasingly adopting a vegan...
Growing Vegan and Flexitarian Population is Going to Drive the Dairy Alternatives Market
According to MarketsandMarkets, the global dairy alternatives market size is estimated to be valued at USD 22.6 billion in 2020 and is projected to reach USD 40.6 billion by 2026, recording a CAGR of 10.3% in terms of value. The growth of dairy alternatives market can be attributed to the growing vegan and flexitarian population across the world and increasing demand for plant-based products....