The global dairy alternatives market size is expected to experience considerable growth by reaching USD 53.97 billion by 2028 while exhibiting a CAGR of 13.30% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled, "Dairy Alternatives Market, 2021-2028." The report further mentions that the market stood at USD 19.66 billion in 2020. The growth is owing to the emerging veganism trend and the rising inclination of consumers towards a plant-based diet. According to an environmental view, the dairy and meat sectors are the major contributors to the emission of greenhouse gases. The awareness regarding a sustainable environment has resulted in a major switch among people regarding their diet. For example, according to a survey conducted by Food Standards Agency (FSA), there are about 720,000 vegans in the U.K, which is around 1.2% of the country's total population. Whereas in India, only 1 % of Indians strictly follow veganism, therefore the total population of vegans in India is around 5 million. British Population Adopted Veganism during COVID-19 Pandemic The rising trend of switching to dairy alternatives was further accelerated during the outbreak of COVID-19. People were forced to stay indoors as the government imposed stringent restrictions regarding social distancing and even announced lockdowns. This resulted in people making healthy living and food choices. Many people switched to vegan and vegetarian diets during the COVID-19 outbreak. For instance, according to an article published by IFT in June 2020, 25% of the British population aged between 21-30 years stated that the COVID-19 pandemic has turned vegan diets to be more tempting. Around 37% of the British population responded that the COVID-19 outbreak has encouraged them to add more nutrients and supplements to their diet that support the immune system. Therefore, this is anticipated to boost this market even during the pandemic. List of Key Players Covered in the Market Danone S.A. (Paris, France) Archer-Daniels-Midland Company (Illinois, United States) Blue Diamond Growers (California, United States) SunOpta, Inc. (Brampton, Canada) Vitasoy International Holdings Ltd (Tuen Mun, Hong Kong) Daiya Food, Inc. (Burnaby, Canada) Goya Foods, Inc. (New York, United States) Living Harvest Foods, Inc. (Maharashtra, Pune) Organic Valley (Wisconsin, United States) Eden Foods, Inc. (Michigan, United States) Browse Summary https://www.fortunebusinessinsights.com/industry-reports/dairy-alternatives-market-100221