Dairy Alternatives Market is Generating Revenue of $35,804.6 Million by 2026, at CAGR 13.6% Growth RatePosted by On


Dairy Alternatives Market

Rise in disposable income, growth in number of vegan people and increase in demand for plant-based milk drive the growth of the global dairy alternatives market

PORTLAND, OR, UNITED STATES, September 12, 2020 /EINPresswire.com/ — Dairy Alternatives Market by Source, Application and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026, ” the dairy alternatives market size was valued at $13,021.0 million in 2018 and is estimated to reach $35,804.6 million by 2026, registering a CAGR of 13.6% from 2019 to 2026. In 2018, the Asia-Pacific region accounted for more than two-fifth of the share in the global market and is expected to grow at a CAGR of 14.5% throughout the forecast period. China is one of the prominent regions in the market that accounted for a sizeable share of the total market in 2018.

Increase in demand for plant-based milk, rise in disposable income, and surge…

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