Global Milk Substitute Plant Milk Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Milk Substitute Plant Milk Industry Forecast” looks at past sales and reviews total world Milk Substitute Plant Milk sales in 2022, providing a comprehensive analysis by region and market sector of projected Milk Substitute Plant Milk sales for 2023 through 2029. With Milk Substitute Plant Milk sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Milk Substitute Plant Milk industry.
This Insight Report provides a comprehensive analysis of the global Milk Substitute Plant Milk landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Milk Substitute Plant Milk portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Milk Substitute Plant Milk market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Milk Substitute Plant Milk and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Milk Substitute Plant Milk.
The global Milk Substitute Plant Milk market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Milk Substitute Plant Milk is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Milk Substitute Plant Milk is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Milk Substitute Plant Milk is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Milk Substitute Plant Milk players cover Ripple Foods, Danone, Blue Diamond Growers, Oatly, SunOpta, Califia Farms, VV Group, Dali Group and Noumi, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Milk Substitute Plant Milk market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Soy Milk
Almond Milk
Rice Milk
Coconut Milk
Oats Milk
Others
Segmentation by application
Desserts
Bakery
Confectionery
Beverages
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Milk Substitute Plant Milk market?
What factors are driving Milk Substitute Plant Milk market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Milk Substitute Plant Milk market opportunities vary by end market size?
How does Milk Substitute Plant Milk break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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