Dairy Alternative (Beverage) Market by Type (Soy, Almond, Rice), Formulation (Plain, Flavored, Sweetened, Unsweetened), Channel (Supermarket, Health Store, Pharmacy, Convenience Store) & Geography – Global Trends & Forecast to 2018 Nov 25th 2013, 00:00, by vyankatesh Plant-based dairy alternative milk is processed through grains, nuts, etc. The market is projected to grow with an increasing number of lactose-intolerance, milk allergy, vegans, etc. The market is projected to grow at a CAGR of 15% to reach a value of $14 billion by 2018. In 2012, the Asia-Pacific region was the largest market for dairy alternative beverages. The leading companies drive the market growth through the introduction of new products with different flavors and fortified products with DHA, calcium, etc. Soy milk dominated the market, both in terms of value and volume. The benefits of almond milk, coconut …
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