MARKET INTRODUCTION
Dairy-free snacks are snack items that do not contain milk and milk-based products as their ingredients. All dairy-free snacks are devoid of lactose and hence suitable for lactose intolerant individuals. They are usually prepared from milk substitutes such as plant-based milk derived from soy, tofu, tempeh, etc. Some of the commonly consumed dairy-free snacks include dairy-free ice creams, yogurts, chocolates, sandwiches, bagels, sour cream, cream cheese, puddings, etc.
MARKET DYNAMICS
The development of dairy-free snacks, which tastes identical or sometimes better than conventional snacks, is likely to attract a significant share of consumers towards dairy-free snacks. The abundantly available dairy-free snacks in various exciting flavors and innovations to improve their taste, flavor, the texture is having a positive influence on the dairy-free snacks industry. The rising incidences of lactose intolerances and allergies caused by milk and milk products have created a significant market for the dairy-free snacks industry. The high rate of lactose intolerances in certain ethnic groups such as African Americans, Arabs, and Asians is expected to create substantial opportunities for dairy-free food manufacturers in the forecast period. Growing concerns over the unethical treatment of farm animals and the harmful effects of the catastrophic impact of the dairy industry on the environment has swayed significantly large share of the population towards opting for dairy-free snacks. Moreover, the rising trend of veganism in the West has also been conducive to the growth of the dairy-free snacks industry.
MARKET SCOPE
The "Global Dairy-Free Snacks Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the dairy-free snacks market with detailed market segmentation by product type, end-users, distribution channel, and geography. The global dairy-free snacks market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading dairy-free snacks market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global dairy-free snacks market is segmented on the basis of product type, end-users, and distribution channel. On the basis of product type, the dairy-free snacks market is segmented into, chips & crisps, meat snacks, fruit bars/granola bars/energy bars, fruit snacks, nuts, seeds & snack mixes, and others. On the basis of end-users, the market is bifurcated into, individual consumers, hotels and restaurants, cafes, bakeries, and others. Based on distribution channel, the global dairy-free snacks market is segmented into, supermarekts and hypermarkets, convenience stores, online , and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global dairy-free snacks market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The dairy-free snacks market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the dairy-free snacks market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the dairy-free snacks market in these regions.
MARKET PLAYERS
The reports cover key developments in the dairy-free snacks market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from dairy-free snacks market are anticipated to lucrative growth opportunities in the future with the rising demand for dairy-free snacks in the global market. Below mentioned is the list of few companies engaged in the dairy-free snacks market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the dairy-free snacks market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Bliss Unlimited, LLC
- Enjoy Life Foods
- FONA International Inc
- General Mills, Inc
- Granarolo S.p.A.
- Moo Free Ltd
- Pacari Chocolate
- PepsiCo, Inc
- Tofutti brands, Inc.
- Violife
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