| Product Code: ETC5794322 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Maldives continues to see a significant influx of dairy alternatives import shipments, with top exporting countries being Sri Lanka, India, UAE, UK, and Singapore in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a robust 11.04%, showcasing sustained market expansion. While the growth rate slightly slowed from 2023 to 2024 at 0.66%, the overall trend points towards a growing demand for dairy alternatives in the Maldives market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Maldives Dairy Alternatives Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Dairy Alternatives Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Dairy Alternatives Market - Industry Life Cycle |
3.4 Maldives Dairy Alternatives Market - Porter's Five Forces |
3.5 Maldives Dairy Alternatives Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Maldives Dairy Alternatives Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Maldives Dairy Alternatives Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Maldives Dairy Alternatives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among consumers leading to a shift towards plant-based diets. |
4.2.2 Rising prevalence of lactose intolerance and dairy allergies in the Maldives population. |
4.2.3 Growing awareness about the environmental impact of dairy production, driving demand for sustainable alternatives. |
4.3 Market Restraints |
4.3.1 Limited availability of locally produced dairy alternatives, leading to higher import costs. |
4.3.2 Challenges in replicating the taste and texture of traditional dairy products. |
4.3.3 Price sensitivity among consumers due to the higher cost of dairy alternatives compared to conventional dairy products. |
5 Maldives Dairy Alternatives Market Trends |
6 Maldives Dairy Alternatives Market Segmentations |
6.1 Maldives Dairy Alternatives Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Maldives Dairy Alternatives Market Revenues & Volume, By Soy, 2021-2031F |
6.1.3 Maldives Dairy Alternatives Market Revenues & Volume, By Almond, 2021-2031F |
6.1.4 Maldives Dairy Alternatives Market Revenues & Volume, By Coconut, 2021-2031F |
6.1.5 Maldives Dairy Alternatives Market Revenues & Volume, By Oats, 2021-2031F |
6.1.6 Maldives Dairy Alternatives Market Revenues & Volume, By Rice, 2021-2031F |
6.1.7 Maldives Dairy Alternatives Market Revenues & Volume, By Hemp, 2021-2031F |
6.2 Maldives Dairy Alternatives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Dairy Alternatives Market Revenues & Volume, By Milk, 2021-2031F |
6.2.3 Maldives Dairy Alternatives Market Revenues & Volume, By Yogurt, 2021-2031F |
6.2.4 Maldives Dairy Alternatives Market Revenues & Volume, By Ice creams, 2021-2031F |
6.2.5 Maldives Dairy Alternatives Market Revenues & Volume, By Cheese, 2021-2031F |
6.2.6 Maldives Dairy Alternatives Market Revenues & Volume, By Creamers, 2021-2031F |
6.3 Maldives Dairy Alternatives Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Maldives Dairy Alternatives Market Revenues & Volume, By Supermarkets, 2021-2031F |
6.3.3 Maldives Dairy Alternatives Market Revenues & Volume, By Health Food Stores, 2021-2031F |
6.3.4 Maldives Dairy Alternatives Market Revenues & Volume, By Pharmacies, 2021-2031F |
7 Maldives Dairy Alternatives Market Import-Export Trade Statistics |
7.1 Maldives Dairy Alternatives Market Export to Major Countries |
7.2 Maldives Dairy Alternatives Market Imports from Major Countries |
8 Maldives Dairy Alternatives Market Key Performance Indicators |
8.1 Number of new dairy alternative product launches in the Maldives market. |
8.2 Percentage increase in consumer awareness of dairy alternative options. |
8.3 Growth in the number of retail outlets offering dairy alternative products. |
8.4 Adoption rate of dairy alternatives among different consumer segments. |
8.5 Percentage of consumers citing health and environmental reasons for choosing dairy alternatives. |
9 Maldives Dairy Alternatives Market - Opportunity Assessment |
9.1 Maldives Dairy Alternatives Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Maldives Dairy Alternatives Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Maldives Dairy Alternatives Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Maldives Dairy Alternatives Market - Competitive Landscape |
10.1 Maldives Dairy Alternatives Market Revenue Share, By Companies, 2024 |
10.2 Maldives Dairy Alternatives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |