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Dairy Alternatives Market is anticipated to hit $15.72 billion by 2023

Asia Pacific region, APAC, holds the largest market share and growth in the Dairy Alternatives Market and is anticipated to reach $9.05 billion by 2023 at a CAGR 9.9%. According to the new market research report by IndustryARC the market is driven by the increasing production activities in the oil and gas industry that has led to the growth of Dairy Alternatives market across the globe.

The APAC region is followed by North Americas. Large consumer base coupled with familiarity of soy and almond among the Chinese people, spurs the market growth. The key channels include super markets, health food stores, convenience stores, and pharmacies.

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