The global Ezekiel bread market is expected to reach market valuation of US$ 304 Mn by the year 2021, accelerating with a CAGR of 5% by 2022-2032. The sales of Ezekiel bread are likely to account for ~0.6% of the demand in the global whole grain & hi
Dairy-free evaporated milk is the condensed form of the dairy-free milk after heating away the 60% of the water present in the milk. The dairy-free milk can be sourced from seeds, nuts, and cereals, etc., such as almond, soy, coconut, and hemp. Dairy-free evaporated milk is used mainly in the preparation of sweets and festivities at homes such as pie, cake, and cookies. Due to the evaporation process, dairy-free evaporated milk has a taste profile of caramel. The dairy-free evaporated milk is available in dry and liquid form in the market. The dairy-free evaporated milk derived from the plant materials have various healthy ingredients in it as compared to the dairy evaporated milk and is also available in a fortified form, for example; Vitamin D.
Attributes | Details |
CAGR (2022-2032) | 12.3% |
Value (2022) | US$ 25.85 Mn |
Value (2032) | US$ 73.43 Mn |
New and Innovative Plant-based Products and Increasing Consumer Awareness is Driving the Global Market of Dairy-free Evaporated Milk
The global market for dairy-free evaporated milk is driven by the increasing percentage of lactose intolerance in the world. The lactose intolerant population is concentrated in Latin American, African, and Asian region. And with the increasing prevalence of the lactose intolerance around the world the plant-based products have increased demand. Also, due to the increasing percentage of vegetarians, as well as flexitarians in the developed nations and similar trend rising in the developing nations, the overall demand for the dairy-free evaporated milk is increasing in the global market.
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Dairy-free Evaporated Milk Market: Key Participants
Some of the market participants in the dairy-free evaporated milk market are:
The report covers exhaustive analysis on:
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Regional analysis includes:
Dairy-free Evaporated Milk Market Segmentation
The dairy-free evaporated milk market can be segmented on the basis of form, nature, source, end use, and distribution channel.
On the basis of form, the dairy-free evaporated milk market can be segmented as:
On the basis of nature, the dairy-free evaporated milk market can be segmented as:
On the basis of type, the dairy-free evaporated milk market can be segmented as:
On the basis of source, the dairy-free evaporated milk market can be segmented as:
On the basis of end use, the dairy-free evaporated milk market can be segmented as:
On the basis of distribution channel, the dairy-free evaporated milk market can be segmented as:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
APAC Dairy-free Evaporated Milk Market , ASEAN Dairy-free Evaporated Milk Market , BRICS Dairy-free Evaporated Milk Market , Dairy-free Evaporated Milk , Dairy-free Evaporated Milk Market , Dairy-free Evaporated Milk Market Analysis , Dairy-free Evaporated Milk
Jun 29, 2022