The North America dairy alternatives market is expected to grow from US$ 6,447.99 million in 2022 to US$ 11,230.14 million by 2028. It is estimated to grow at a CAGR of 9.7% from 2022 to 2028.

Lactose intolerance is defined as the reduced ability of the human body to digest lactose. The prevalence of lactose intolerance or malabsorption is high across the region due to a lack of genetic mutation for digesting lactose. People with lactose intolerance are recommended to have a lactose-free diet to avoid allergies and digestive problems such as diarrhea, abdominal bloating, and nausea. Moreover, people allergic to milk are also recommended to consume plant-based dairy products. Therefore, such people are searching for alternatives that are easy to digest and fulfill their daily nutritional needs. Dairy alternatives or dairy-free products are made from almond milk, soymilk, and coconut milk, free from lactose.

Moreover, plant-based dairy products have similar texture, creaminess, and consistency to conventional dairy products. Moreover, plant-based dairy products are fortified with nutrients, such as protein and calcium, that meet the daily nutrient requirements of consumers. Thus, the increasing prevalence of lactose intolerance and milk allergies among consumers is driving the regional dairy alternatives market.

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

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

North America Dairy Alternatives Market Segmentation

The North America 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 US, Canada, and Mexico. The US dominated the market in 2022. Blue Diamond Growers; Califia Farms, LLC; Danone S.A.; Nestlé S.A.; Oatly Inc.; SunOpta; Valio Ltd; and Valsoia S.p.A. are among the leading companies in the North America dairy alternatives market.

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. North America 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. North America Dairy Alternatives Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Trend of Veganism
5.1.2 Surging 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 – North America Analysis
6.1 North America Dairy Alternatives Market –Revenue and Forecast to 2028 (US$ Million)
7. North America Dairy Alternatives Market Analysis – By Source
7.1 Overview
7.2 North America Dairy Alternatives Market, By Source (2021 and 2028)
7.3 Soy
7.3.1 Overview
7.3.2 Soy: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Almond
7.4.1 Overview
7.4.2 Almond: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Coconut
7.5.1 Overview
7.5.2 Coconut: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Oats
7.6.1 Overview
7.6.2 Oats: 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. North America Dairy Alternatives Market Analysis – By Product Type
8.1 Overview
8.2 North America Dairy Alternatives Market, By Product Type (2021 and 2028)
8.3 Milk
8.3.1 Overview
8.3.2 Milk: Dairy Alternatives Market– Revenue and Forecast to 2028 (US$ Million)
8.4 Ice Cream
8.4.1 Overview
8.4.2 Ice Cream: Dairy Alternatives Market– Revenue and Forecast to 2028 (US$ Million)
8.5 Yogurt
8.5.1 Overview
8.5.2 Yogurt: Dairy Alternatives Market– Revenue and Forecast to 2028 (US$ Million)
8.6 Cheese
8.6.1 Overview
8.6.2 Cheese: 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. North America Dairy Alternatives Market Analysis – By Distribution Channel
9.1 Overview
9.2 North America 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. North America Dairy Alternatives Market – Country Analysis
10.1 Overview
10.1.1 North America: Dairy Alternatives Market, by Key Country
10.1.1.1 US: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Dairy Alternatives Market, By Product Type
10.1.1.1.2 US: Dairy Alternatives Market, by Source
10.1.1.1.3 US: Dairy Alternatives Market, by Distribution Channel
10.1.1.2 Canada: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Dairy Alternatives Market, By Product Type
10.1.1.2.2 Canada: Dairy Alternatives Market, by Source
10.1.1.2.3 Canada: Dairy Alternatives Market, by Distribution Channel
10.1.1.3 Mexico: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Dairy Alternatives Market, By Product Type
10.1.1.3.2 Mexico: Dairy Alternatives Market, by Source
10.1.1.3.3 Mexico: 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 SunOpta
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 Blue Diamond Growers
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 Nestlé SA
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 Danone S.A.
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 Oatly Inc.
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 Califia Farms, LLC
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
12.7 Valsoia S.p.A.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Valio Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index

LIST OF TABLES

Table 1.             North America Dairy Alternatives Market –Revenue and Forecast to 2028 (US$ Million)
Table 2.             US Dairy Alternatives Market, Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 3.             US Dairy Alternatives Market, by Source – Revenue and Forecast to 2028 (US$ Million)
Table 4.             US Dairy Alternatives Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 5.             Canada Dairy Alternatives Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 6.             Canada Dairy Alternatives Market, by Source – Revenue and Forecast to 2028 (US$ Million)
Table 7.             Canada Dairy Alternatives Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 8.             Mexico Dairy Alternatives Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 9.             Mexico Dairy Alternatives Market, by Source – Revenue and Forecast to 2028 (US$ Million)
Table 10.          Mexico Dairy Alternatives Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 11.          List of Abbreviation
 
 

LIST OF FIGURES

Figure 1.           North America Dairy Alternatives Market Segmentation
Figure 2.           North America Dairy Alternatives Market Segmentation – By Country
Figure 3.           North America Dairy Alternatives Market Overview
Figure 4.           North America Dairy Alternatives Market: By Product Type
Figure 5.           North America Dairy Alternatives Market: By Country
Figure 6.           Porter’s Five Forces Analysis
Figure 7.           Expert Opinion
Figure 8.           North America Dairy Alternatives Market Impact Analysis of Drivers and Restraints
Figure 9.           North America: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10.        North America Dairy Alternatives Market Revenue Share, By Source (2021 and 2028)
Figure 11.        North America Soy: Dairy Alternatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 12.        North America Almond: Dairy Alternatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13.        North America Coconut: Dairy Alternatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14.        North America Oats: Dairy Alternatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15.        North America Others: Dairy Alternatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16.        North America Dairy Alternatives Market Revenue Share, By Product Type (2021 and 2028)
Figure 17.        North America Milk: Dairy Alternatives Market– Revenue and Forecast To 2028 (US$ Million)
Figure 18.        North America Ice Cream: Dairy Alternatives Market– Revenue and Forecast To 2028 (US$ Million)
Figure 19.        North America Yogurt: Dairy Alternatives Market– Revenue and Forecast To 2028 (US$ Million)
Figure 20.        North America Cheese: Dairy Alternatives Market– Revenue and Forecast To 2028 (US$ Million)
Figure 21.        North America Others: Dairy Alternatives Market– Revenue and Forecast To 2028 (US$ Million)
Figure 22.        North America Dairy Alternatives Market Revenue Share, By Distribution Channel (2021 and 2028)
Figure 23.        North America Supermarkets & Hypermarkets: Dairy Alternatives Market– Revenue and Forecast To 2028 (US$ Million)
Figure 24.        North America Convenience Stores: Dairy Alternatives Market– Revenue and Forecast To 2028 (US$ Million)
Figure 25.        North America Online Retail: Dairy Alternatives Market– Revenue and Forecast To 2028 (US$ Million)
Figure 26.        North America Others: Dairy Alternatives Market– Revenue and Forecast To 2028 (US$ Million)
Figure 27.        North America: Dairy Alternatives Market, by Key Country – Revenue (2021) (US$ Million)
Figure 28.        North America: Dairy Alternatives Market Revenue Share, by Key Country (2021 and 2028)
Figure 29.        US: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30.        Canada: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31.        Mexico: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)
 
 

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America 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 North America 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 North America 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

The List of Companies – North America Dairy Alternatives Market

● Blue Diamond Growers
● Califia Farms, LLC
● Danone S.A.
● Nestlé SA
● Oatly Inc.
● SunOpta
● Valio Ltd  
● Valsoia S.p.A.