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

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

Milk Substitute Materials are extracts from sources such as soy, almonds, coconuts, oats, rice is a best alternative for dairy milk and other animal milk present in the market. Due to its high nutritional values and rich in vitamins, minerals, carbohydrates and proteins plant milk is widely accepted among consumers. It has various applications in food and beverage, dairy industry.

According to our (Global Info Research) latest study, the global Milk Substitute Materials market size was valued at US$ 15550 million in 2023 and is forecast to a readjusted size of USD 47110 million by 2030 with a CAGR of 17.4% during review period.

Danone and Blue Diamond Growers are the top 2 manufacturers of milk substitute materials globally and account for over 20% of global market share in total. Geographically speaking, Asia-Pacific holds over 40% of global market share. In terms of raw material, soy and almond hold over half of total market share. In terms of end use, direct drink segment accounts for over 60% of total market share.

This report is a detailed and comprehensive analysis for global Milk Substitute Materials market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Milk Substitute Materials market size and forecasts, in consumption value ($ Million), sales quantity (Million Liters), and average selling prices (USD/Kiloliters), 2019-2030

Global Milk Substitute Materials market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Million Liters), and average selling prices (USD/Kiloliters), 2019-2030

Global Milk Substitute Materials market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Million Liters), and average selling prices (USD/Kiloliters), 2019-2030

Global Milk Substitute Materials market shares of main players, shipments in revenue ($ Million), sales quantity (Million Liters), and ASP (USD/Kiloliters), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Milk Substitute Materials

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Milk Substitute Materials market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Danone, Blue Diamond Growers, Oatly, Kikkoman Corporation, Califia Farms, Earth’s Own Food Company, Ezaki Glico, Ripple Foods, Marusan-Ai Co. Ltd, Campbell Soup Company, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Milk Substitute Materials 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. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Almond
Soy
Coconut
Rice
Oats
Others

Market segment by Application
Direct Drink
Confectionery
Bakery
Ice Cream
Cheese
Others

Major players covered
Danone
Blue Diamond Growers
Oatly
Kikkoman Corporation
Califia Farms
Earth’s Own Food Company
Ezaki Glico
Ripple Foods
Marusan-Ai Co. Ltd
Campbell Soup Company
SunOpta
Nutrisoya Foods
Elmhurst Milked Direct
Panos Brands
Jindilli Beverages (milkadamia)

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 Substitute Materials product scope, market overview, market estimation caveats and base year.

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

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

Chapter 4, the Milk Substitute Materials 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 by Application, with sales market share and growth rate by Type, by 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 2019 to 2024.and Milk Substitute Materials market forecast, by regions, by Type, and by 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 Substitute Materials.

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