Brooklyn, NY -- (SBWIRE) -- 01/10/2018 -- The global milk substitutes market has been prognosticated to gain momentum due to the growing prevalence of dairy alternatives such as lactose-free products significantly preferred by consumers with lactose intolerance problems. QYResearchReports.com has added a report titled "Global Milk Substitutes Market Professional Survey Report 2017" to its food archive. The report has elaborately focused upon all key aspects of the market while providing information on segmentation, growth factors, and competitive landscape. It has also provided a critical analysis of manufacturing plants and important technical data of the market. Rising awareness about the nutritional values of milk substitutes that match those of natural milk products could offer a strong impetus to the market.
A gradually growing number of milk consumers could change their preference to milk substitutes due to the rising incidences of milk allergies witnessed. The swelling adoption of vegan diet as a result of changing food habits could have a positive impact on the growth of the world milk substitutes market. Products such as rice milk, coconut milk, almond milk, and soy milk could see a rise in their demand over the forecast tenure. This could be owing to the growing consumer awareness about health and health problems, especially in emerging countries such as Japan, China, India, and Brazil. Increasing disposable income could be another factor augmenting market growth in the coming years.
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According to the analysts, the world milk substitutes market could be classified as per product and application. On the basis of product, the market could see a classification into coconut milk and coffee creamers. By application, there could be segments such as food and drinks taking shape in the market. Geographically, the market could be divided into India, Japan, Southeast Asia, Europe, China, and North America. Each segment of the market has been deeply analyzed by the report authors while shedding light on crucial factors.
The high price of milk substitutes compared to dairy milk and increased price of raw materials due to poor crop harvesting and changing climatic conditions have been expected to arrest the growth of the international market. The requirement of substantial investments for safety testing and clinical trials could also restrict the demand for milk substitutes. However, the swelling demand in different applications of fortified dairy food and beverages has been prophesied to create new opportunities in the international milk substitutes market.
A broad variety of formulations and easy availability of milk substitutes have been foretold to raise the popularity of the market in the foreseeable future. Common distribution channels that manufacturers have been expected to engage include e-retailers, supermarkets, health food stores, and convenience stores. With a view to meet the increasing needs of consumers, companies could be involved in extensive research and development for improving the taste and value of end products.
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China and India have witnessed a massive count of lactose intolerance cases, as a result of which Asia Pacific could invite higher growth prospects in the coming years. Nevertheless, there could be a rising demand for lactose-free products such as lactose-free ice cream and lactose-free cheese in other countries such as Germany, the U.K., and the U.S., which could improve the growth of Europe and North America.
The worldwide milk substitutes market has been studied based on its vendor landscape apart from other important aspects. The report has profiled some of the top companies in the market, including DMK (TURM-Sahne GmbH) and DEK (Grandos).
Table of Contents
Global Milk Substitutes Market Professional Survey Report 2017
1 Industry Overview of Milk Substitutes
1.1 Definition and Specifications of Milk Substitutes
1.1.1 Definition of Milk Substitutes
1.1.2 Specifications of Milk Substitutes
1.2 Classification of Milk Substitutes
1.2.1 Coffee Creamers
1.2.2 Coconut Milk
1.3 Applications of Milk Substitutes
1.4 Market Segment by Regions
1.4.1 North America
1.4.4 Southeast Asia
2 Manufacturing Cost Structure Analysis of Milk Substitutes
2.1 Raw Material and Suppliers
2.2 Manufacturing Cost Structure Analysis of Milk Substitutes
2.3 Manufacturing Process Analysis of Milk Substitutes
2.4 Industry Chain Structure of Milk Substitutes
3 Technical Data and Manufacturing Plants Analysis of Milk Substitutes
3.1 Capacity and Commercial Production Date of Global Milk Substitutes Major Manufacturers in 2016
3.2 Manufacturing Plants Distribution of Global Milk Substitutes Major Manufacturers in 2016
3.3 R&D Status and Technology Source of Global Milk Substitutes Major Manufacturers in 2016
3.4 Raw Materials Sources Analysis of Global Milk Substitutes Major Manufacturers in 2016
4 Global Milk Substitutes Overall Market Overview
4.1 2012-2017E Overall Market Analysis
4.2 Capacity Analysis
4.2.1 2012-2017E Global Milk Substitutes Capacity and Growth Rate Analysis
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4.2.2 2016 Milk Substitutes Capacity Analysis (Company Segment)
4.3 Sales Analysis
4.3.1 2012-2017E Global Milk Substitutes Sales and Growth Rate Analysis
4.3.2 2016 Milk Substitutes Sales Analysis (Company Segment)
4.4 Sales Price Analysis
4.4.1 2012-2017E Global Milk Substitutes Sales Price
4.4.2 2016 Milk Substitutes Sales Price Analysis (Company Segment)
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