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US Non-Dairy Milk Market: Outlook, Trends, Opportunities and Forecasts – September 2017 Till 2022

Millennial interest in adding plant-based foods to their diet for health reasons is a large driver of consumption, although not necessarily deterring them from consuming dairy as well.

 

Albany, NY -- (SBWIRE) -- 10/05/2017 -- Non-dairy milk, as the name suggests, does not come from typical dairies, but is plant based with respect to origin. It has been witnessing increased consumption due to various benefits. There are several types of non-dairy milk, such as soy milk, almond milk, coconut milk, cashew milk, rice milk, hemp milk, oat milk and flax milk. Recently, Market Research Hub (MRH) has added a research report on "Non-Dairy Milk – US September 2017". According to this comprehensive research study, the non-dairy milk has witnessed growth owing to rising consumption in the year 2017 and this trend is expected to retail its status quo through the forecast period of 2017-2022. Consumers using non-dairy milk have indicated an increase in purchase as compared to 2016. This is pointing towards further expansion in purchases as new consumers are being added to the non-dairy milk category.

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Report Highlights

According to the research report, the almond milk type has contributed to the increase in growth of the non-dairy milk in US during September 2017. Coupled with innovations in plant bases that are adding a variety of flavors as well as high nutritional value to the non-dairy milk category, both serve as push drivers for growth of the non-dairy milk market. Moreover, futuristic interest in including plant based foods in the diet with a view to maintain good health owing to increased awareness oh healthy diet is also a major driver of the non-dairy milk market. Coconut milk is anticipated to regain momentum. Other types of non-dairy milk are likely to show steady growth in the coming years. This has contributed to the growth of the non-dairy milk in US

The research report includes a systematic overview of the market, along with a clear market definition Followed by an executive summary. It also discusses issues pertaining to the use of non-dairy milk in US. According to the report analyses, half of US adult population are involved in purchasing and consumption of non-dairy milk. It also is facing certain issues in US with respect to fewer uses and varying perceptions with respect to health and hence several parents are opting for dairy milk for their children. There various labeling disputes that create controversies. There is a huge competition from the beverage industry as well.

The research report also discusses various opportunities, trends and innovations, which can actually enhance the usage of non-dairy milk in the years to come. The innovations in this market are likely to influence the growth of the market in a positive manner. The research report on non-dairy milk in US also discusses on various distribution channels such as hypermarkets and supermarkets. Supermarket channel is expected to grow in the coming years.

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Competitive Landscape

The research report also focuses on key players and brands involved in the manufacturing and promotion of non-dairy milk in US. Key players and brands such as Whitewave, Almond Breeze, Blue Diamond are profiled in the research report, with their key financials, product portfolios, market shares and other credentials. This analysis can give the reader about the "to-do's" and "not-to-do's" in this industry.

Why Invest in this Research Report?

This research report gives a fantastic overview of the non-daily milk market in US September 2017, along with past market scenario, current market analysis and forecasts or future projections for a period of five years, from 2017 to 2022. The statistical analysis pertaining to various non-dairy milk types in the US market, their consumption rate, issues related to their consumption, key growth drivers, opportunities and trends, key product innovations such as addition of new flavors and competitive scenario can help the reader to devise key strategies in order to achieve stability and advantage from a strategic standpoint in the coming years.

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