Middle East & Africa Dairy Alternatives Market Forecast to 2028

Report Code : BMIRE00026301 | Region : LAMEA | Industry : Food and Beverages | Published Date : 26/Sep/2022
Middle East & Africa 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 MEA dairy alternatives market is expected to grow from US$ 890.54 million in 2022 to US$ 1,730.50 million by 2028. It is estimated to grow at a CAGR of 11.7% from 2022 to 2028.

Dairy alternative manufacturers are investing significantly in product innovation to appeal to a large group of consumers. Product innovation strategy offers a competitive edge to the players operating in the market, boosting their profitability. Manufacturers of dairy alternatives provide certified organic, non-GMO, gluten-free, clean-label, and allergen-free products to cater to ever-rising customer requirements.

Moreover, consumers have become health-conscious and prefer low-calorie and low-fat products. Therefore, manufacturers of plant-based dairy offer unsweetened and low-sugar products. Further, manufacturers are experimenting with different plant-based milk sources, such as barley, peas, hemp, chia seeds, bananas, and cashews.

Generally, plant-based ice cream manufacturers use almond milk, coconut milk, or oat milk. Several innovations open new opportunities in the dairy alternatives market. Leading manufacturers of dairy alternatives are developing products that resemble the taste and texture of conventional dairy milk to attract many consumers. Several product developments are further expected to provide potential growth opportunities to manufacturers of dairy alternatives in the coming years across the region.

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

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

MEA Dairy Alternatives Market Segmentation

The MEA 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 UAE, Saudi Arabia, South Africa, and the Rest of the MEA. The Rest of the MEA dominated the market in 2022. Blue Diamond Growers; Califia Farms, LLC; Danone S.A.; Nestlé SA; Oatly Inc.; and Valio Ltd are the leading companies in the MEA dairy alternatives market.

The List of Companies - Middle East & Africa Dairy Alternatives Market

● Blue Diamond Growers

● Califia Farms, LLC

● Danone S.A.

● Nestlé SA

● Oatly Inc.

● Valio Ltd

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. MEA 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. MEA Dairy Alternatives Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Trend of Veganism

5.1.2 Increasing 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 – MEA Analysis

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

7. MEA Dairy Alternatives Market Analysis – By Product Type

7.1 Overview

7.2 MEA 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. MEA Dairy Alternatives Market Analysis – By Source

8.1 Overview

8.2 MEA 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. MEA Dairy Alternatives Market Analysis – By Distribution Channel

9.1 Overview

9.2 MEA 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. MEA Dairy Alternatives Market – Country Analysis

10.1 Overview

10.1.1 MEA: Dairy Alternatives Market, by Key Country

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

10.1.1.1.1 South Africa: Dairy Alternatives Market, By Product Type

10.1.1.1.2 South Africa: Dairy Alternatives Market, by Source

10.1.1.1.3 South Africa: Dairy Alternatives Market, by Distribution Channel

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

10.1.1.2.1 Saudi Arabia: Dairy Alternatives Market, By Product Type

10.1.1.2.2 Saudi Arabia: Dairy Alternatives Market, by Source

10.1.1.2.3 Saudi Arabia: Dairy Alternatives Market, by Distribution Channel

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

10.1.1.3.1 UAE: Dairy Alternatives Market, By Product Type

10.1.1.3.2 UAE: Dairy Alternatives Market, by Source

10.1.1.3.3 UAE: Dairy Alternatives Market, by Distribution Channel

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

10.1.1.4.1 Rest of MEA: Dairy Alternatives Market, By Product Type

10.1.1.4.2 Rest of MEA: Dairy Alternatives Market, by Source

10.1.1.4.3 Rest of MEA: 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 Valio Ltd

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

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES.

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 14. List of Abbreviation

The List of Companies - Middle East & Africa Dairy Alternatives Market

● Blue Diamond Growers

● Califia Farms, LLC

● Danone S.A.

● Nestlé SA

● Oatly Inc.

● Valio Ltd

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA 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 MEA 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 MEA 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
(Middle East & Africa 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