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Vegan Food Market share is growing at CAGR of 10.5% from 2019 to 2026 The Vegan Food companies continuous efforts on product development and innovation, is expected to drive the growth of the market tusharMay 10, 2021 According to a new report published by Allied Market Research titled, ” Vegan Food Market by Product Type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026,” the Vegan Food market size was valued at $14.2 billion in 2018 and is expected to reach $31.4 billion by 2026, registering a CAGR of 10.5% from 2019 to 2026. Vegan food market analysis is done by product type and distribution channel. Veganism has been one of the mainstream trends in the food & beverages industry. Increase in incidence of such health disorders, rise in number of health-conscious consumers, increase in disposable income of target customers have been some of the key factors driving the trend of veganism in key regions specifi ....
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. ....
Share this article Share this article SAN FRANCISCO, April 27, 2021 /PRNewswire/ The global dairy alternatives market size is expected to reach USD 52.58 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 12.5% from 2021 to 2028. The rise in demand for plant-based alternatives and changing consumer diets utilizing milk alternatives are driving the demand for dairy alternatives. Increasing occurrence of milk allergies or cases of lactose intolerance is expected to drive the market further. People with lactose intolerance are increasingly opting for milk alternatives, which has made beverage manufacturers adopt dairy alternatives to appeal to the respective consumer base, further propelling the demand for dairy alternatives. ....
Share this article Share this article ALBANY, N.Y., Feb. 17, 2021 /PRNewswire/ Plant-based milk can be manufactured using almonds, soy, oats, coconut, rice, cashew nuts, and hemp. This product is gaining immense impetus across the globe owing to high nutritional contents in it. Moving forward, growing trend of veganism is likely to generate high demand for plant-based products, and thereby boosting the sales of the global plant-based milk market throughout the assessment period 2019–2029. According to analysts at TMR, the global plant-based milk market will expand at CAGR of 8% during the assessment period 2019-2029. The market was accounted for ~ US$ 14 Bn in 2019. ....
Asia-Pacific Dairy Alternative Market is expected to reach USD 28,336.61 million by 2026 and is projected to register a healthy CAGR of 9.1% in the fo ....