According to the research report "North America Plant Based Milk Market Outlook, 2027" published by Bonafide Research, the plant-based milk market is expected to grow at a CAGR of 8.31% during the forecast period. North America includes the USA, Canada, and Mexico, out of which the USA holds the majority share of the plant-based milk market. While the smaller countries like Jamaica, Dominica, Cuba, Costa Rica, Bahamas, and others have a very small populace that is adopting plantbased milk. The vegan food trend is more exemplified in the larger and more prominent countries of North America than in the less developed, smaller ones. With the presence of leading manufacturer Blue Diamond Growers of almond milk based in California, almond milk is widely consumed in North America. Almond milk is low in calories and the new versions comes fortified with calcium. A lot of money has also been spent on marketing these plant-based milks, which has proven to be successful. Americans have grown tired of hearing that eating too much soy can cause hormone disruption, thyroid issues, and possibly an increased risk of breast cancer in certain women. People were turned off by soy and were looking for an alternative; at the exact same time, almond milk miraculously appeared in the dairy case.
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The market is highly competitive, with a considerable number of regional and global players. At the same time, this report includes company profiling for the companies like - Major Companies present in the market: Major Companies present in the market: The Hain Celestial (US), SunOpta (Canada), Nestle, Danone (France), Oatly (Sweden), Ripple Foods (US), Califia Farms (US), Daiya Foods Inc. (Canada), Pacific Foods of Oregon LLC, Elmhurst Milked Direct LLC, The Dohler Group, Kerry Inc, Sahmyook Foods.
Aspects Covered In the Report
North America plant based milk market with its value and forecast along with its segments
Country-wise plant based milk market analysis
Various drivers and challenges
On-going trends and developments
Top profiled companies
Covid-19 Impacts: The COVID-19 has had a direct and indirect impact on nearly all the countries across regions, their economic performance, and the distribution channels of all the industries. However, the health sector and its affiliated market have witnessed a positive impact due to the pandemic. Yoga mat market is a part of fitness and healthcare products markets. The pandemic has not negatively impacted the global yoga mats market. Nowadays people are becoming more creative and introducing yoga in their exercise routines. According to numerous consumer psychologists, people around the region have been purchasing items based on three needs: to protect, entertain, and connect. Furthermore, the Asia-Pacific yoga mats market is projected to witness steady growth, even after the pandemic subsides, majorly due to the increase in awareness regarding the healthy lifestyle among people.
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What is the market size and forecast of the North America Plant-Based Milk Market?
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What are the inhibiting factors and impact of COVID-19 shaping the North America Plant-Based Milk Market?
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Which region outstands in the North America Plant-Based Milk Market?
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Which are the segments to invest in over the forecast period in the North America Plant-Based Milk Market?
Our research report allows the company/ investor to identify the most promising product segment, which is to have more potential in the coming years.
What is the competitive strategic window for opportunities in the North America Plant-Based Milk Market?
Through an intensive primary study, we have identified the trends and development that can be expected in the forecasted period, along with the change in the preference of the consumers.
What are the technology trends and regulatory frameworks in the North America Plant-Based Milk Market?
Our research report covers, the laws, rules and regulations and other mandatory legal procedures the marketers needs to abide by.
What are the major companies in the North America Plant-Based Milk Market?
Our market research report covers the detailed profiling of the leading companies in the industry, and also a brief discussion about the smaller emerging brands.
An excellent North America Plant-Based Milk Market document has the best market research offerings and the required critical information, whether it is about looking for new product trends or competitive analysis of an existing or emerging market. With this business report, companies can sharpen their competitive edge again and again. The market report has expert insights on global industries, products, company profiles, and market trends.
Countries covered in the report:
United States of America (USA)
Table of Contents Covered In This North America plant based milk market, 2027:
Table of Contents
3.1. Market Considerate
3.2. Market Definition
Global Plant Based Milk Market Outlook
4.1. Market Size By Value
4.2. Market Share
4.2.1. By Company
4.2.2. By Source
4.2.3. By Formulation
4.2.4. By Flavoured
4.2.5. By Sales Channel
4.2.6. By Region
4.2.7. By Country
North America Plant Based Milk Market Outlook
5.1. Market Size By Value
5.2. Market Share
5.2.1. By Source
5.2.2. By Formulation
5.2.3. By Flavoured
5.2.4. By Sales Channel
5.2.5. By CountryTo
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