Dairy replacer are the food ingredients which are used in food products in place of dairy products. Most of the dairy replacer are the plant-based ingredients which are produced from the plant source. The trend of veganism and health-related concerns such as lactose intolerance are the primary factor which has created the market for dairy replacer. The substitute for dairy products include-soy milk, almond milk, rice milk, cashew milk, corn milk, yeast and many more. Soy milk has been the most popular dairy replacer as its nutrition resemblance to cow’s milk. Calcium content in hemp milk is found more beneficial than dairy milk. Nutritional yeast is an alternative of cheese. Additionally, consumers have started the consumption of olive oil instead of dairy butter due to its high saturated fat content. Lots of dairy-free yogurts are made from soy milk or nuts milk.

Market Analysis and Insights: Global Dairy Replacer Market
In 2020, the global Dairy Replacer market size was US$ XX million and it is expected to reach US$ XX million by the end of 2027, with a CAGR of XX% between 2021 and 2027
Global Dairy Replacer Scope and Market Size
The global Dairy Replacer market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Dairy Replacer market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), byType, and by Application for the period 2016-2027.

Segment by Type
Organic 
Conventional 

Segment by Application
Bakery
Confectionery
Dairy & Desserts
Beverage Industry
Foodservice Industry
Retail/Household
Others

By Company
Cargill
Hain Celestial
Freedom Foods Group Limited
Lion (Kirin)
Nurs-ette Distributors
Bonsoy Beverage Co
The Bridge S.R.L
Alpro
Pacific Foods of Oregon, Llc.
American Soy Products

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE