Middle East & Africa Dairy Alternatives Market

The MEA dairy alternatives market is expected to grow from US$ 890.54 million in 2022 to US$ 1,730.50 million by 2028. It is estimated to grow at a CAGR of 11.7% from 2022 to 2028.      

Dairy alternative manufacturers are investing significantly in product innovation to appeal to a large group of consumers. Product innovation strategy offers a competitive edge to the players operating in the market, boosting their profitability. Manufacturers of dairy alternatives provide certified organic, non-GMO, gluten-free, clean-label, and allergen-free products to cater to ever-rising customer requirements.

Moreover, consumers have become health-conscious and prefer low-calorie and low-fat products. Therefore, manufacturers of plant-based dairy offer unsweetened and low-sugar products. Further, manufacturers are experimenting with different plant-based milk sources, such as barley, peas, hemp, chia seeds, bananas, and cashews.

Generally, plant-based ice cream manufacturers use almond milk, coconut milk, or oat milk. Several innovations open new opportunities in the dairy alternatives market. Leading manufacturers of dairy alternatives are developing products that resemble the taste and texture of conventional dairy milk to attract many consumers. Several product developments are further expected to provide potential growth opportunities to manufacturers of dairy alternatives in the coming years across the region.  

Vendors can attract new customers and expand their footprints in emerging markets with new features and technologies. This factor is likely to drive the MEA dairy alternatives market at an attractive CAGR during the forecast period. 

MEA Dairy Alternatives Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Dairy Alternatives Strategic Insights

Strategic insights for the Middle East & Africa Dairy Alternatives provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Middle East & Africa Dairy Alternatives Report Scope

Middle East & Africa Dairy Alternatives Regional Insights

The geographic scope of the Middle East & Africa Dairy Alternatives refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

MEA Dairy Alternatives Market Segmentation              

The MEA dairy alternatives market is segmented based on source, product type, distribution channel, and country. Based on product type, the market is segmented into milk, ice cream, yogurt, cheese, and others. The milk segment dominated the market in 2022.

• Based on source, the market is segmented into soy, almond, coconut, oats, and others. The almond segment dominated the market in 2022.
• Based on distribution channel, the market is segmented into supermarkets & hypermarkets, convenience stores, online retail, and others. The supermarkets & hypermarkets segment dominated the market in 2022.
• Based on country, the market is segmented into the UAE, Saudi Arabia, South Africa, and the Rest of the MEA. The Rest of the MEA dominated the market in 2022.          

Blue Diamond Growers; Califia Farms, LLC; Danone S.A.; Nestlé SA; Oatly Inc.; and Valio Ltd are the leading companies in the MEA dairy alternatives market.