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Global Dairy Alternatives Market Report 2021: Unstable Prices of Raw Materials are Hampering Market Growth


The Dairy Alternatives Market is expected to grow at the rate of 11.5% CAGR by 2026
.Dairy alternatives are food and beverage products that are consumed as an alternative for dairy. These products are extracted from plants and are esteemed to be a very healthy substitute to dairy. Soy milk, coconut milk, and almond milk are among the most common options for dairy alternatives across the world.
Dairy alternatives are considered healthy due to the presence of various important vitamins and minerals. They are also less on fats, cholesterol and have zero concentration of lactose. Dairy alternatives have been very famous in developed and emerging markets due to the rising number of individuals allergic to dairy products. ....

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Government of Canada invests $16.9 million to improve worker safety and strengthen the food supply chain in British Columbia


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DELTA, BC, March 5, 2021 /CNW/ - Throughout the COVID-19 pandemic, Canadian food producers and processors have stepped up to deliver quality food for Canadians. From the outset, the Government of Canada has helped food processors invest in safety measures and maintain their capacity to keep up with demand.
Today, on behalf of the Minister of Agriculture and Agri-Food, the Honourable Marie-Claude Bibeau, the Minister of Employment, Workforce Development and Disability Inclusion and Member of Parliament for Delta, the Honourable Carla Qualtrough and Member of Parliament for Surrey Centre, Randeep Sarai, announced support of up to $16.9 million through the Emergency Processing Fund for 117 food processing companies in British Columbia. ....

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The Worldwide Dairy Alternatives Industry is Expected to Reach $44.9 Billion by 2027


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ResearchAndMarkets.com s offering.
This report provides an in-depth analysis of dairy alternatives in five major geographies and emphasizes on the current market trends, market size, recent developments, and forecast till 2027. The global dairy alternatives market is expected to grow at a CAGR of 11.2% from 2020 to 2027 to reach $44.9 billion by 2027.
The growth projections of this market are mainly attributed to factors such as the increasing intolerance for animal-based dairy products, nutritional benefits offered by plant-based dairy products, growing investments into the dairy alternatives marketspace, and increasing vegan and vegetarian population. Moreover, the growing demand for vegan products from emerging economies in Asia-Pacific, Latin America, and the Middle East & Africa is expected to create lucrative opportunities for players operating in this market. However, the preference for animal-based products and growing ....

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