Milk Alternatives Market: Global Industry Information, Trends and Forecast to 2022 by Brisk Insights

Nottingham, United Kingdom, June 11, 2016 --(PR.com)-- As stated in a recently published report by Brisk Insights, Milk Alternatives Market is expected to grow at the CAGR of 15.7% during 2015-2022. The segmentation of the Global Milk Alternatives Market is based on Type, Formulation, Brands, Application and Region. The information on global milk alternatives market Forecast, 2015-2022 (Type, Formulation, Brands, Application, And Region) provides detailed overview and predictive analysis of the market.

The high growth in the milk alternative market is due to reduced occasions for drinking white milk and a global trend for health and wellness, which is particularly prevalent in mostly every region, Demand for milk alternatives from countries with large population base such as India and China has been increasing.

Rising vegan population and lactose intolerance are driving the market for milk alternatives, rising working women’s numbers also enhances the demand of milk alternatives, people nowadays using vegan practices and using milk alternatives.

Manufacturers are introducing new products with different flavors, packaging, and fortified products with DHA, calcium, and vitamin D to enhance its nutritional value.Peoples have started using milk alternatives products as to minimizes the allergic reaction caused by milk and milk based products, Asia is the biggest market for milk alternatives followed by North America from 2013 to 2014 sales for milk alternatives increase by nearly 40%.

Detailed study on this Research : http://www.briskinsights.com/report/milk-alternatives-market