Global Milk Alternatives Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Milk Alternatives Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Milk Alternatives market size was valued at USD 9793.2 million in 2023 and is forecast to a readjusted size of USD 15910 million by 2030 with a CAGR of 7.2% during review period.

A “milk alternative” is any alternative liquid that replaces milk in a diet or recipe.

Almond milk may be all the rage these days, but it’s nothing new. In fact, almond milk has been around since the Middle Ages. A mixture of ground almond and water (so simple, you can make it at home!), almond milk is naturally low in calories. Almonds are high in vitamin E, manganese, selenium, magnesium, potassium, zinc, iron, fiber, phosphorous and boast the highest levels of calcium out of all the nuts. That’s quite the resumé! While other forms of milk need to be fortified with vitamins (including cow’s milk), almond milk is naturally chock full of nutrients. It is, however, also supplemented with calcium, but in doing so, it serves up more of the bone-building mineral than cow’s milk per serving!

The Global Info Research report includes an overview of the development of the Milk Alternatives industry chain, the market status of Hypermarkets/Supermarkets (Soy Milk, Almond Milk), Convenience Stores (Soy Milk, Almond Milk), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Milk Alternatives.

Regionally, the report analyzes the Milk Alternatives markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Milk Alternatives market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Milk Alternatives market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Milk Alternatives industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Soy Milk, Almond Milk).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Milk Alternatives market.

Regional Analysis: The report involves examining the Milk Alternatives market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Milk Alternatives market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Milk Alternatives:

Company Analysis: Report covers individual Milk Alternatives manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Milk Alternatives This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Hypermarkets/Supermarkets, Convenience Stores).

Technology Analysis: Report covers specific technologies relevant to Milk Alternatives. It assesses the current state, advancements, and potential future developments in Milk Alternatives areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Milk Alternatives market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Milk Alternatives market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Soy Milk
Almond Milk
Rice Milk
Others

Market segment by Application
Hypermarkets/Supermarkets
Convenience Stores
Online Retail
Others

Major players covered
Blue Diamond Growers
Dr Chung' S Food
Earth'S Own Food
Eden Foods
Freedom Foods
Leche Pascual
Living Harvest Foods
Maeil Dairies
Nutriops
Oatly
Organic Valley
Pacific Natural Foods
Panos Brands
Pureharvest
Sanitarium Health & Wellbeing
Stremicks Heritage Foods
Sunopta
The Bridge
The Hain Celestial
The Whitewave Foods
Turtle Mountain
Vitasoy International Holdings
VVFB

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Milk Alternatives product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Milk Alternatives, with price, sales, revenue and global market share of Milk Alternatives from 2019 to 2024.

Chapter 3, the Milk Alternatives competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Milk Alternatives breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Milk Alternatives market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Milk Alternatives.

Chapter 14 and 15, to describe Milk Alternatives sales channel, distributors, customers, research findings and conclusion.