Europe Dairy Alternatives Market Forecast to 2028

Report Code : BMIRE00026299 | Region : Europe | Industry : Food and Beverages | Published Date : 26/Sep/2022
Europe Dairy Alternatives Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Source (Soy, Almond, Coconut, Oats, and Others), Product Type (Milk, Ice Cream, Yogurt, Cheese, and Others), and Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Online Retail, and Others)

The Europe dairy alternatives market is expected to grow from US$ 5,264.35 million in 2022 to US$ 9,597.79 million by 2028. It is estimated to grow at a CAGR of 10.5% from 2022 to 2028.

The vegan population has grown significantly over the past few years. According to Veganuary (a non-profit organization that encourages individuals to go vegan for the entire month of January), in 2022, more than 620,000 people registered for the Veganuary campaign, and the registrations increased by 200% in the last 3 years. People are increasingly switching to a vegan diet due to the rise in health and sustainability concerns. The livestock industry is one of the significant contributors to the total anthropogenic greenhouse gas emissions. The dairy sector is responsible for 30% of the total livestock emissions. Many studies have shown that shifting to a vegan diet can significantly lower carbon dioxide emissions.

Moreover, many organizations believe that veganism can help save the planet from the climate crisis. The awareness regarding the harmful effects of the livestock industry on the environment is increasing among consumers. The consumption of plant-based dairy products helps minimize carbon footprints, save water and other natural resources, and reduce the overall environmental impacts. Therefore, consumers are rapidly switching to plant-based dairy and meat products. This factor is significantly driving the dairy alternatives market.

Further, consumers are highly inclined toward plant-based or vegan-friendly products due to increased health concerns and increased awareness of animal welfare. The rising health consciousness among people due to the increasing prevalence of obesity, diabetes, and other diseases is compelling people to change their dietary habits. People generally perceive plant-based products to be healthier than conventional ones. Thus, health-conscious consumers rapidly substitute traditional, animal-based products with plant-based food. This factor is significantly boosting the dairy alternatives market.

Vendors can attract new customers and expand their footprints in emerging markets with new features and technologies. This factor is likely to drive the Europe dairy alternatives market at a promising CAGR during the forecast period.

Europe Dairy Alternatives Market Revenue and Forecast to 2028 (US$ Million)

Europe Dairy Alternatives Market Segmentation

The Europe dairy alternatives market is segmented based on source, product type, distribution channel, and country. Based on product type, the market is segmented into milk, ice cream, yogurt, cheese, and others. The milk segment dominated the market in 2022.

Based on source, the market is segmented into soy, almond, coconut, oats, and others. The almond segment dominated the market in 2022. Based on distribution channel, the market is segmented into supermarkets & hypermarkets, convenience stores, online retail, and others. The supermarkets & hypermarkets segment dominated the market in 2022. Based on country, the market is segmented into the UK, Germany, France, Italy, Spain, and the Rest of Europe. The Rest of Europe dominated the market in 2022. Blue Diamond Growers; Califia Farms, LLC; Danone S.A.; Nestlé SA; Oatly Inc.; Valio Ltd; and Valsoia S.p.A. are the leading companies in the Europe dairy alternatives market.

The List of Companies - Europe Dairy Alternatives Market

● Blue Diamond Growers

● Califia Farms, LLC

● Danone S.A.

● Nestlé SA

● Oatly Inc.

● Valio Ltd  

● Valsoia S.p.A.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis Formulation:

3.2.4 Macro-economic Factor Analysis:

3.2.5 Developing Base Number:

3.2.6 Data Triangulation:

3.2.7 Country Level Data:

4. Europe Dairy Alternatives Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.2.1 Bargaining Power of Suppliers

4.2.2 Bargaining Power of Buyers

4.2.3 Threat of New Entrants

4.2.4 Competitive Rivalry

4.2.5 Threat of Substitutes

4.3 Expert Opinion

5. Europe Dairy Alternatives Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Surging Trend of Veganism

5.1.2 Escalating Prevalence of Lactose Intolerance

5.2 Market Restraints

5.2.1 High Product Price

5.3 Market Opportunities

5.3.1 Product Innovation

5.4 Future Trends

5.4.1 Surging Demand for Functional Dairy Alternatives

5.5 Impact Analysis of Drivers and Restraints

6. Dairy Alternatives Market – Europe Analysis

6.1 Europe Dairy Alternatives Market –Revenue and Forecast to 2028 (US$ Million)

7. Europe Dairy Alternatives Market Analysis – By Product Type

7.1 Overview

7.2 Europe Dairy Alternatives Market, By Product Type (2021 and 2028)

7.3 Milk

7.3.1 Overview

7.3.2 Milk: Dairy Alternatives Market– Revenue and Forecast to 2028 (US$ Million)

7.4 Ice Cream

7.4.1 Overview

7.4.2 Ice Cream: Dairy Alternatives Market– Revenue and Forecast to 2028 (US$ Million)

7.5 Yogurt

7.5.1 Overview

7.5.2 Yogurt: Dairy Alternatives Market– Revenue and Forecast to 2028 (US$ Million)

7.6 Cheese

7.6.1 Overview

7.6.2 Cheese: Dairy Alternatives Market– Revenue and Forecast to 2028 (US$ Million)

7.7 Others

7.7.1 Overview

7.7.2 Others: Dairy Alternatives Market– Revenue and Forecast to 2028 (US$ Million)

8. Europe Dairy Alternatives Market Analysis – By Source

8.1 Overview

8.2 Europe Dairy Alternatives Market, By Source (2021 and 2028)

8.3 Soy

8.3.1 Overview

8.3.2 Soy: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Almond

8.4.1 Overview

8.4.2 Almond: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Coconut

8.5.1 Overview

8.5.2 Coconut: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)

8.6 Oats

8.6.1 Overview

8.6.2 Oats: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)

8.7 Others

8.7.1 Overview

8.7.2 Others: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)

9. Europe Dairy Alternatives Market Analysis – By Distribution Channel

9.1 Overview

9.2 Europe Dairy Alternatives Market, By Distribution Channel (2021 and 2028)

9.3 Supermarkets & Hypermarkets

9.3.1 Overview

9.3.2 Supermarkets & Hypermarkets: Dairy Alternatives Market– Revenue and Forecast to 2028 (US$ Million)

9.4 Convenience Stores

9.4.1 Overview

9.4.2 Convenience Stores: Dairy Alternatives Market– Revenue and Forecast to 2028 (US$ Million)

9.5 Online Retail

9.5.1 Overview

9.5.2 Online Retail: Dairy Alternatives Market– Revenue and Forecast to 2028 (US$ Million)

9.6 Others

9.6.1 Overview

9.6.2 Others: Dairy Alternatives Market– Revenue and Forecast to 2028 (US$ Million)

10. Europe Dairy Alternatives Market – Country Analysis

10.1 Overview

10.1.1 Europe: Dairy Alternatives Market, by Key Country

10.1.1.1 Germany: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 Germany: Dairy Alternatives Market, By Product Type

10.1.1.1.2 Germany: Dairy Alternatives Market, by Source

10.1.1.1.3 Germany: Dairy Alternatives Market, by Distribution Channel

10.1.1.2 France: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 France: Dairy Alternatives Market, By Product Type

10.1.1.2.2 France: Dairy Alternatives Market, by Source

10.1.1.2.3 France: Dairy Alternatives Market, by Distribution Channel

10.1.1.3 UK: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 UK: Dairy Alternatives Market, By Product Type

10.1.1.3.2 UK: Dairy Alternatives Market, by Source

10.1.1.3.3 UK: Dairy Alternatives Market, by Distribution Channel

10.1.1.4 Italy: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 Italy: Dairy Alternatives Market, By Product Type

10.1.1.4.2 Italy: Dairy Alternatives Market, by Source

10.1.1.4.3 Italy: Dairy Alternatives Market, by Distribution Channel

10.1.1.5 Russia: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1 Russia: Dairy Alternatives Market, By Product Type

10.1.1.5.2 Russia: Dairy Alternatives Market, by Source

10.1.1.5.3 Russia: Dairy Alternatives Market, by Distribution Channel

10.1.1.6 Rest of Europe: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1 Rest of Europe: Dairy Alternatives Market, By Product Type

10.1.1.6.2 Rest of Europe: Dairy Alternatives Market, by Source

10.1.1.6.3 Rest of Europe: Dairy Alternatives Market, by Distribution Channel

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

12. Company Profiles

12.1 Blue Diamond Growers

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Nestlé SA

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Danone S.A.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Oatly Inc.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Califia Farms, LLC

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Valsoia S.p.A.

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Valio Ltd

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES.

Table 1.             Europe Dairy Alternatives Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             Germany Dairy Alternatives Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 3.             Germany Dairy Alternatives Market, by Source – Revenue and Forecast to 2028 (US$ Million)

Table 4.             Germany Dairy Alternatives Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 5.             France Dairy Alternatives Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 6.             France Dairy Alternatives Market, by Source – Revenue and Forecast to 2028 (US$ Million)

Table 7.             France Dairy Alternatives Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 8.             UK Dairy Alternatives Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 9.             UK Dairy Alternatives Market, by Source – Revenue and Forecast to 2028 (US$ Million)

Table 10.          UK Dairy Alternatives Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Italy Dairy Alternatives Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Italy Dairy Alternatives Market, by Source – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Italy Dairy Alternatives Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 14.          Russia Dairy Alternatives Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 15.          Russia Dairy Alternatives Market, by Source – Revenue and Forecast to 2028 (US$ Million)

Table 16.          Russia Dairy Alternatives Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 17.          Rest of Europe Dairy Alternatives Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 18.          Rest of Europe Dairy Alternatives Market, by Source – Revenue and Forecast to 2028 (US$ Million)

Table 19.          Rest of Europe Dairy Alternatives Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 20.          List of Abbreviation

The List of Companies - Europe Dairy Alternatives Market

● Blue Diamond Growers

● Califia Farms, LLC

● Danone S.A.

● Nestlé SA

● Oatly Inc.

● Valio Ltd  

● Valsoia S.p.A.

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe dairy alternatives market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the Europe dairy alternatives market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the dairy alternatives market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

AVAILABLE CUSTOMIZATION RESEARCH METHODOLOGY REQUEST FOR TOC FREE SAMPLE REPORT
CHOOSE LICENCE TYPE
(Europe Dairy Alternatives Market Forecast to 2028)
  • Single User Price $3,000$2,400
  • Site Price $4,000$3,200
  • Enterprise Price $5,000$4,000
Buy Now Add to Cart
REQUEST FOR TOC
SPEAK TO ANALYST
FREE SAMPLE
REPORT
INQUIRE BEFORE
BUYING
TOP
Quick Enquiry