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

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

According to our (Global Info Research) latest study, the global Milk Substitute Plant Milk market size was valued at USD 17090 million in 2023 and is forecast to a readjusted size of USD 29530 million by 2030 with a CAGR of 8.1% during review period.

Plant milk, also known as non-dairy milk, has been consumed for centuries in various cultures, both as a regular drink and as a substitute for dairy milk.

The increase in cases of lactose intolerance and milk allergies, growing investments in plant-based milk market, an increasing vegan and vegetarian population, and nutritional benefits of plant-based milk and the increasing adoption of Dairy-Free Milk Substitute in developing countries will drive growth in global market.

The Global Info Research report includes an overview of the development of the Milk Substitute Plant Milk industry chain, the market status of Desserts (Soy Milk, Almond Milk), Bakery (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 Substitute Plant Milk.

Regionally, the report analyzes the Milk Substitute Plant Milk 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 Substitute Plant Milk market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Milk Substitute Plant Milk 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 Substitute Plant Milk 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 Ton), 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 Substitute Plant Milk market.

Regional Analysis: The report involves examining the Milk Substitute Plant Milk 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 Substitute Plant Milk 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 Substitute Plant Milk:

Company Analysis: Report covers individual Milk Substitute Plant Milk 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 Substitute Plant Milk This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Desserts, Bakery).

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

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Milk Substitute Plant Milk 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 Substitute Plant Milk 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
Coconut Milk
Oats Milk
Others

Market segment by Application
Desserts
Bakery
Confectionery
Beverages
Others

Major players covered
Ripple Foods
Danone
Blue Diamond Growers
Oatly
SunOpta
Califia Farms
VV Group
Dali Group
Noumi
Kikkoman Corporation
Earth’s Own
Coconut Palm Group
Nanguo
Yinlu
Vitasoy
Yili
Mengniu
Ezaki Glico
Marusan-Ai
Campbell Soup Company
Nutrisoya Foods
Wangwang
Nongfu Spring

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 Plant Milk product scope, market overview, market estimation caveats and base year.

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

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

Chapter 4, the Milk Substitute Plant Milk 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 Substitute Plant Milk 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 Substitute Plant Milk.

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