Recently in February 2019, The undersigned submits this petition on behalf of the National Milk Producers Federation (“NMPF”) under Sections 201, 201a, 201c, 301, 401, 402, 403 and 701 of the Federal Food, Drug, and Cosmetic Act (“FDCA” or “Act”) to request that the Commissioner take certain actions to (1) enforce existing “imitation” labeling requirements against nutritionally inferior Non-dairy substitutes for standardized dairy foods that are named and positioned as forms of “Milk,” “yogurt,” “cheese,” “ice cream,” or “butter,” yet fail to provide the “imitation” disclosure Statement that is required under the Act and FDA implementing regulations; and (2) amend section 101.3(e) of FDA regulations to codify in more detailed form longstanding FDA policies that permit the name of a standardized dairy food (e.g., “milk,” “yogurt,” “cheese,” “ice cream,” “butter”) to be used in the statement of identity of a non-dairy substitute for the standardized food only under limited and defined conditions.
The article cited AMA's "Global Dairy Alternatives Market Study" explored substantial growth of 10.98%. According to the report, Increasing Adoption of Plant-Based Dairy Alternatives
is one of the primary growth factors for the market. Rising Consumer Preference for Vegan Food
is also expected to contribute significantly to the Dairy Alternatives market. Overall, Milk
applications of Dairy Alternatives, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Formulations , such as Plain, is boosting the Dairy Alternatives market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Source, such as Soy, is boosting the Dairy Alternatives market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Dairy Alternatives market identified that the demand is rising in many different parts of the world as "Increasing Demand from Developing Countries Such As India, China, and Others
". Furthermore, some recent industry insights like "13th March 2019, Jeni’s Splendid Ice Cream an artisan ice-cream company Launched dairy-free ice cream flavors." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Dairy Alternatives market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Dairy Alternatives market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Dairy Alternatives market size is calculated using market estimation process, the Dairy Alternatives market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Dairy Alternatives market size has been validated using both top-down and bottom-up approaches.