The Milk Substitutes (Non Dairy Milk) Global Market Report 2021-31 by The Business Research Company describes and explains the global milk substitutes market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.

The Milk Substitutes (Non Dairy Milk) Global Market Report 2022 covers milk substitutes market drivers, milk substitutes market trends, milk substitutes market segments, milk substitutes market growth rate, milk substitutes market major players, and milk substitutes market size.

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The milk substitutes market report provides in-depth analysis of the impact of COVID-19 on the global milk substitutes industry along with revised market numbers due to the effects of the coronavirus and the expected milk substitutes market growth numbers for 2022-2031.

The global milk substitutes market size is expected to grow from $26.29 billion in 2021 to $30.03 billion in 2022 at a compound annual growth rate (CAGR) of 14.2%. The global non-dairy milk market share is expected to grow to $50.78 billion in 2026 at a CAGR of 14.0%.

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Milk Substitutes (Non Dairy Milk) Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
TBRC’s report covers the milk substitutes market segments-
1) By Type: Soy Milk, Almond Milk, Rice Milk, Others
2) By Application: Food, Beverages
3) By Distribution Channel: Supermarkets, Hypermarkets, Convenience Stores, Specialty Stores, Online Retail Stores, Others
4) By Formulation: Plain-Sweetened, Plain-Unsweetened, Flavoured-Sweetened, Others

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