Gradual Shift in People's Preferences Towards the Lactose-free Products will be the Future Catalyst for Dairy Alternatives Market in North America: Ken Research

Key Findings Key Findings ·  The many nutritional benefits offered by the plant-based dairy alternatives is helping these to an increase in their acceptance among many health-conscious individuals and is driving the growth of the market. Rising Consumers' Environmental Concerns Across Countries: Rising consumers' environmental concerns are positively influencing an increase in the adoption of dairy alternatives inNorth America. Dairy alternatives typically use less land, water...

Key Findings

·  The many nutritional benefits offered by the plant-based dairy alternatives is helping these to an increase in their acceptance among many health-conscious individuals and is driving the growth of the market.

Rising Consumers' Environmental Concerns Across Countries:  Rising consumers' environmental concerns are positively influencing an increase in the adoption of dairy alternatives in North America. Dairy alternatives typically use less land, water to produce vegan milks, and has lower carbon emissions which helps in mitigating the effects of global warming and improve the air quality. As per available data, livestock accounts for nearly 15% of global greenhouse gas emissions, with the dairy industry holding the largest share.

Rising Prevalence of Lactose Intolerance: The rising health awareness among consumers, notably those who are unable to digest lactose, has resulted in an increase in the consumption of lactose-free products as they typically help in the absorption of calcium which benefits in building and repairing muscle tissue/cells. As per available data, in the U.S., the volume of value-added milks, including lactose-free, non-dairy milk, and organic milk increased ~15% in 2021 compared to the prior year, while traditional milk volumes declined by ~7%.

Nutritional Benefits offered by the Plant-Based Dairy Alternatives: Plant-based dairy alternatives typically contain components, such as dietary fibers, unsaturated fatty acids, minerals, vitamins, and antioxidants, which help in minimizing a variety of health issues. Dairy-alternative milks typically have fewer calories, less fat (except for coconut-based milk), more water content for better hydration, less protein (except soy), and some are equipped with additional vitamins and nutrients. Plant-based milks are ideal for someone who is vegan, lactose intolerant, allergic to milk, suffering from cardiovascular dysfunctions, or following their cholesterol intake for such reasons. All these benefits are helping the market to grow as more and more people are shifting to these products.

Analysts at Ken Research in their latest publication "North America Dairy Alternatives Market Outlook and Forecast to 2027 - Driven by Rising Consumer Awareness, Prevalence of Lactose Intolerance, and Nutritional Benefits of Dairy Alternatives: Ken Research" believe that the Dairy Alternatives market is expected to grow due to the many nutritional benefits offered by these products, rising lactose intolerance among people and increased awareness among consumers for these types of products.

Key Segments Covered in North America Dairy Alternatives Market:-

North America Dairy Alternatives Market By Source

North America Dairy Alternatives Market By Application

North America Dairy Alternatives Market By Formulation

North America Dairy Alternatives Market By Type of End User Industry

North America Dairy Alternatives Market By Geography and Major Countries

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Key Target Audience:-

Time Period Captured in the Report:-

Major Dairy Alternatives Product Companies in North America Mentioned in the Report:-

Notable Emerging Dairy Alternatives Product Companies in North America Mentioned in the Report:-

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Key Topics Covered in the Report:-

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North America Dairy Alternatives Market

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