Global Plant-Based Milk Alternative Market Growth 2024-2030

Global Plant-Based Milk Alternative Market Growth 2024-2030

A plant-based milk alternative refers to a non-dairy beverage derived from various plant sources, such as nuts, seeds, grains, or legumes, that serves as a substitute for traditional dairy milk. These alternatives are popular among individuals who are lactose intolerant, allergic to dairy, follow a vegan or plant-based diet, or simply prefer non-dairy options.

The global Plant-Based Milk Alternative market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Plant-Based Milk Alternative Industry Forecast” looks at past sales and reviews total world Plant-Based Milk Alternative sales in 2023, providing a comprehensive analysis by region and market sector of projected Plant-Based Milk Alternative sales for 2024 through 2030. With Plant-Based Milk Alternative sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Plant-Based Milk Alternative industry.

This Insight Report provides a comprehensive analysis of the global Plant-Based Milk Alternative 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 Plant-Based Milk Alternative portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Plant-Based Milk Alternative market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Plant-Based Milk Alternative 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 Plant-Based Milk Alternative.

United States market for Plant-Based Milk Alternative is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Plant-Based Milk Alternative is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Plant-Based Milk Alternative is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Plant-Based Milk Alternative players cover Earth’s Own Food Company, Blue Diamond Growers, Danone, Oatly, Califia Farms, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Plant-Based Milk Alternative market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Almond
Soy
Coconut
Rice
Others

Segmentation by Application:
Direct Drink
Confectionery
Bakery
Ice Cream
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 analysing the company's coverage, product portfolio, its market penetration.
Earth’s Own Food Company
Blue Diamond Growers
Danone
Oatly
Califia Farms
Organic Valley
Campbell Soup Company
Elmhurst Milked Direct
SunOpta
Ripple Foods
Living Harvest Foods
Panos Brands
Craze Foods
Kikkoman Corporation

Key Questions Addressed in this Report

What is the 10-year outlook for the global Plant-Based Milk Alternative market?

What factors are driving Plant-Based Milk Alternative market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Plant-Based Milk Alternative market opportunities vary by end market size?

How does Plant-Based Milk Alternative break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.