NEW DELHI, April 23 -- Dairy Alternatives Market is estimated to surpass USD 37.5 billion by 2025; according to a new research report by Global Market Insights, Inc.
The growing demand for dairy-free products across various end-use industries such as cheese, desserts, snacks, and beverages are steering the industry growth. Increasing intake of dairy alternatives by vegan population coupled with rise in patients suffering from lactose intolerance, milk allergies, and calorie concerns will bolster the product adoption in beverage applications according to the reports published in vegconomist.com.
The beverage segment dominates the industry and anticipated to reach around USD 33 billion in 2025. Dairy alternative products that are derived fr...