Dairy alternatives are derived from non-dairy resources, such as nuts, rice, wheat, oats, and barley. As these products are derived from nuts and cereals, they have numerous health benefits and are suitable for obese people and gastrointestinal (GI) patients.

Moreover, dairy alternative such as soy milk provides protective health advantages due to the presence of phytoestrogen in it. 

Additionally, hemp milk is one of the best sources of Omega-3 fats and almond milk is a good source of calcium. 

Thus, the increasing prevalence of obesity and GI diseases will strengthen the dairy alternatives market in the forthcoming years. For instance, the World Health Organization (WHO) stated that, in 2020, 39 million children under the age of 5 years were overweight or obese.

The organization also stated that nearly 4 million global deaths were caused due to obesity in 2017. Apart from obese people, dairy alternatives are also beneficial for people suffering from GI disorders such as irritable bowel syndrome (IBS), gas, constipation, bloating, and diarrhea. 

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Additionally, the soaring popularity of the vegan diet will also fuel the consumption of dairy alternatives, worldwide. Veganism is a way of life that refers to the exclusion of all animal products and attempts to minimize the exploitation of animals. 

According to P&S Intelligence, North America and Europe are the major dairy alternatives market, due to the surging popularity of soy and almond milk and the soaring vegan population in these regions.

Additionally, the increasing focus of regulatory bodies on reducing CO2 emissions from the animal agricultural sector also encourages the adoption of dairy alternatives in these regions. For instance, the 'Fit for 55' package by the European Union will help Europe mitigate CO2 emissions by 55% by 2030 and reach carbon neutrality by 2050, by promoting a plant-based diet.

Thus, the surging prevalence of obesity, increasing shift toward veganism, and rising incidence of GI diseases are expected to propel the production of dairy alternatives across the world in the coming years.