Milk Alternatives Market By Type (Soy Milk, Almond Milk, Rice Milk, Coconut Milk), By Formulation (Formulation Plain Sweetened Formulation, Formulation Plain Unsweetened Formulation, Formulation Flavoured Sweetened Formulation, Formulation Flavoured Unsweetened Formulation), By Application Food Application, Beverages Application), Industry Size, Growth, Share And Forecast To 2022

$ 3800

The global milk alternatives market is expected to grow at the CAGR of 15.7% during 2015-2022, the key factor which is driving the market is increase in the number of allergic patients due to the allergic causing content of the milk. Large number of population is getting inclined towards milk alternatives as to change their food and lifestyle habits. Asia pacific holds the highest market share of 46% in the milk alternatives market claiming to be the leader in this industry followed byNorth America with 30% market share. In recent years, consumption of milk alternatives has steadily increased due to a growing number of vegans, and health concerns regarding the antibiotics and growth hormones found in cow’s milk.

Bottled Water Products Market By Product (Still Water, Functional Water), Industry Size, Growth, Share And Forecast To 2022

$ 3800

The global bottled water products market is expected to grow at the CAGR of 8.4% during 2015-2022. The major factors driving the market are growing concern for health and wellness owing to increasing water diseases, innovation of new packaging initiatives such as economic equipment are designed for handling small bottle operations. The market is also driven by changing consumer’s lifestyle; bottled water is preferred as it is vitamin enriched.