The plant based dairy market revenue totalled US$ 11 Bn for 2020, according to Fact.MR- a market research and competitive intelligence provider. The overall plant based dairy market is expected to reach US$ 32 Bn by 2031 end, growing at a CAGR of around 11%. The demand for plant based dairy product will accelerate with top 5 providers holding 65% of plant based dairy market in 2021.
The Market Research Survey of Plant-based Dairy by “Fact.MR, A Market Research and Competitive Intelligence Provider” highlights the key reasons behind increasing demand and growth. Sales Outlook of Plant-based Dairy as per the Market Research Survey is fairly positive and expected to register higher market growth during forecast period. The market survey report also provides latest industry analysis on Plant-based Dairy with key analysis of Plant-based Dairy market drivers, trends, and influencing factors.
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Key Takeaways from Plant-based Dairy Market Study
Key questions answered in Plant-based Dairy Market Survey Report:
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Prominent players are embracing innovative approaches such as ground-breaking marketing tactics, technological advancements, mergers, and acquisitions.
Essential Takeaways from the Market Report
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The Report Covers Exhaustive Analysis On:
Explore Fact.MR’s Coverage on the Food and beverages Domain:
Grassfed Jerky Market – The demand for grassfed meat and related products including jerky has significantly risen in the recent past. The rise in meat consumers who prefer organic and natural food products are also concerned about the origin of their feed which has elevated the demand for grassfed jerky. Fact.MR projects that the market for grassfed jerky at over 8% CAGR during the forecast period, 2021-2031.
Protein Ice Cream Market – Latest research by Fact.MR indicates the protein ice cream market to grow in double digits during 2021 – 2031. There has been a moderate demand in regular ice-cream consumption and besides a new breed of customers fond of nutritive snacks have elevated the demand of protein ice cream over the past few years.
String Cheese Market – As per the latest research completed by the Fact.MR, the market has experienced modest growth during the historical period of 2016-2020. In the forecasted period, the demand for string cheese is anticipated to demonstrate a rapid growth rate.
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