Plant-based Milk Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War

Plant-based Milk Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War


The global plant-based milk market is expected to grow at a CAGR of around 10.4% during 2024-2033. This report on global plant-based milk market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global plant-based milk market by segmenting the market based on type, end-use, distribution channel and region. Also, detailed profiles of companies operating in the plant-based milk market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Growing Demand for Sustainable Products
• Increasing Product Innovations by Manufacturers

Market Challenges

• Price Sensitivity

Historical & Forecast Period

Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033

Market by Type

• Almond
• Soy
• Rice
• Oat
• Coconut
• Other Types

Market by End-Use

• Retail/Household
• Foodservices Industry
• Food and Beverage Industry

Market by Distribution Channel

• Supermarket
• Convenience Stores
• Online
• Other Channels

Market by Region

• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa


1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
3. Global Plant-based Milk Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. Global Plant-based Milk Market Analysis
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. Global Plant-based Milk Market by Type
5.1. Introduction
5.2. Almond
5.3. Soy
5.4. Rice
5.5. Oat
5.6. Coconut
5.7. Other Types
6. Global Plant-based Milk Market by End-Use
6.1. Introduction
6.2. Retail/Household
6.3. Foodservices Industry
6.4. Food and Beverage Industry
7. Other Types Global Plant-based Milk Market by Distribution Channel
7.1. Introduction
7.2. Supermarket
7.3. Convenience Stores
7.4. Online
7.5. Other Channels
8. Global Plant-based Milk Market by Region
8.1. Introduction
8.2. Europe
8.2.1. Germany
8.2.2. United Kingdom
8.2.3. France
8.2.4. Italy
8.2.5. Spain
8.2.6. Russia
8.2.7. Netherlands
8.2.8. Rest of the Europe
8.3. North America
8.3.1. United States
8.3.2. Canada
8.4. Asia Pacific
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. South Korea
8.4.5. Australia
8.4.6. Indonesia
8.4.7. Rest of the Asia Pacific
8.5. Latin America
8.5.1. Mexico
8.5.2. Brazil
8.5.3. Argentina
8.5.4. Rest of Latin America
8.6. Middle East & Africa
8.6.1. Saudi Arabia
8.6.2. Turkey
8.6.3. Iran
8.6.4. United Arab Emirates
8.6.5. Rest of Middle East & Africa
9. SWOT Analysis
10. Porter’s Five Forces
11. Market Value Chain Analysis
12. Competitive Landscape
12.1. Competitive Scenario
12.2. Company Profiles
12.2.1. Archies Daniels Midland
12.2.2. Califa Farms
12.2.3. Chef’s Choice Food Manufacturer Company Limited
12.2.4. Earth’s Own Food Company Inc.
12.2.5. Edward & Sons, Goya Foods, Inc.
12.2.6. Malk Organic
12.2.7. Mc Cormick & Co.
12.2.8. Pacific Foods of Oregon, Inc.
12.2.9. SunOpta Inc.
12.2.10. The Hain Celestial Group Inc
12.2.11. The Hershey Company
12.2.12. The New Barn
12.2.13. Vitasoy International Holdings Limited
List of Figures
Figure 1: Global Plant-based Milk Market (in US$ Million), 2019-2023
Figure 2: Global Plant-based Milk Market by Type, 2023
Figure 3: Global Plant-based Milk Market by End-Use, 2023
Figure 4: Global Plant-based Milk Market by Distribution Channel, 2023
Figure 5: Global Plant-based Milk Market by Region, 2023
Figure 6: Global Plant-based Milk Market (in US$ Million), 2024-2033
Figure 7: Global Plant-based Milk Market by Type (in %), 2023 & 2033
Figure 8: Global Almond Plant-based Milk Market (in US$ Million), 2019-2023
Figure 9: Global Almond Plant-based Milk Market (in US$ Million), 2024-2033
Figure 10: Global Soy Plant-based Milk Market (in US$ Million), 2019-2023
Figure 11: Global Soy Plant-based Milk Market (in US$ Million), 2024-2033
Figure 12: Global Rice Plant-based Milk Market (in US$ Million), 2019-2023
Figure 13: Global Rice Plant-based Milk Market (in US$ Million), 2024-2033
Figure 14: Global Oat Plant-based Milk Market (in US$ Million), 2019-2023
Figure 15: Global Oat Plant-based Milk Market (in US$ Million), 2024-2033
Figure 16: Global Coconut Plant-based Milk Market (in US$ Million), 2019-2023
Figure 17: Global Coconut Plant-based Milk Market (in US$ Million), 2024-2033
Figure 18: Global Other Types Plant-based Milk Market (in US$ Million), 2019-2023
Figure 19: Global Other Types Plant-based Milk Market (in US$ Million), 2024-2033
Figure 20: Global Plant-based Milk Market by End-Use (in %), 2023 & 2033
Figure 21: Global Retail/Household Plant-based Milk Market (in US$ Million), 2019-2023
Figure 22: Global Retail/Household Plant-based Milk Market (in US$ Million), 2024-2033
Figure 23: Global Foodservices Industry Plant-based Milk Market (in US$ Million), 2019-2023
Figure 24: Global Foodservices Industry Plant-based Milk Market (in US$ Million), 2024-2033
Figure 25: Global Food and Beverage Industry Plant-based Milk Market (in US$ Million), 2019-2023
Figure 26: Global Food and Beverage Industry Plant-based Milk Market (in US$ Million), 2024-2033
Figure 27: Global Plant-based Milk Market by Distribution Channel (in %), 2023 & 2033
Figure 28: Global Supermarket Plant-based Milk Market (in US$ Million), 2019-2023
Figure 29: Global Supermarket Plant-based Milk Market (in US$ Million), 2024-2033
Figure 30: Global Convenience Stores Plant-based Milk Market (in US$ Million), 2019-2023
Figure 31: Global Convenience Stores Plant-based Milk Market (in US$ Million), 2024-2033
Figure 32: Global Online Plant-based Milk Market (in US$ Million), 2019-2023
Figure 33: Global Online Plant-based Milk Market (in US$ Million), 2024-2033
Figure 34: Global Other Distribution Channels Plant-based Milk Market (in US$ Million), 2019-2023
Figure 35: Global Other Distribution Channels Plant-based Milk Market (in US$ Million), 2024-2033
Figure 36: Global Plant-based Milk Market by Region (in %), 2023 & 2033
Figure 37: Europe Plant-based Milk Market (in US$ Million), 2019-2023
Figure 38: Europe Plant-based Milk Market (in US$ Million), 2024-2033
Figure 39: Europe Plant-based Milk Market by Country (in %), 2023 & 2033
Figure 40: Germany Plant-based Milk Market (in US$ Million), 2019-2033
Figure 41: United Kingdom Plant-based Milk Market (in US$ Million), 2019-2033
Figure 42: France Plant-based Milk Market (in US$ Million), 2019-2033
Figure 43: Italy Plant-based Milk Market (in US$ Million), 2019-2033
Figure 44: Spain Plant-based Milk Market (in US$ Million), 2019-2033
Figure 45: Russia Plant-based Milk Market (in US$ Million), 2019-2033
Figure 46: Netherlands Plant-based Milk Market (in US$ Million), 2019-2033
Figure 47: North America Plant-based Milk Market (in US$ Million), 2019-2023
Figure 48: North America Plant-based Milk Market (in US$ Million), 2024-2033
Figure 49: North America Plant-based Milk Market by Country (in %), 2023 & 2033
Figure 50: United States Plant-based Milk Market (in US$ Million), 2019-2033
Figure 51: Canada Plant-based Milk Market (in US$ Million), 2019-2033
Figure 52: Asia Pacific Plant-based Milk Market (in US$ Million), 2019-2023
Figure 53: Asia Pacific Plant-based Milk Market (in US$ Million), 2024-2033
Figure 54: Asia Pacific Plant-based Milk Market by Country (in %), 2023 & 2033
Figure 55: China Plant-based Milk Market (in US$ Million), 2019-2033
Figure 56: Japan Plant-based Milk Market (in US$ Million), 2019-2033
Figure 57: India Plant-based Milk Market (in US$ Million), 2019-2033
Figure 58: South Korea Plant-based Milk Market (in US$ Million), 2019-2033
Figure 59: Australia Plant-based Milk Market (in US$ Million), 2019-2033
Figure 60: Indonesia Plant-based Milk Market (in US$ Million), 2019-2033
Figure 61: Latin America Plant-based Milk Market (in US$ Million), 2019-2023
Figure 62: Latin America Plant-based Milk Market (in US$ Million), 2024-2033
Figure 63: Latin America Plant-based Milk Market by Country (in %), 2023 & 2033
Figure 64: Mexico Plant-based Milk Market (in US$ Million), 2019-2033
Figure 65: Brazil Plant-based Milk Market (in US$ Million), 2019-2033
Figure 66: Argentina Plant-based Milk Market (in US$ Million), 2019-2033
Figure 67: Middle East & Africa Plant-based Milk Market (in US$ Million), 2019-2023
Figure 68: Middle East & Africa Plant-based Milk Market (in US$ Million), 2024-2033
Figure 69: Middle East & Africa Plant-based Milk Market by Country (in %), 2023 & 2033
Figure 70: Saudi Arabia Plant-based Milk Market (in US$ Million), 2019-2033
Figure 71: Turkey Plant-based Milk Market (in US$ Million), 2019-2033
Figure 72: Iran Plant-based Milk Market (in US$ Million), 2019-2033
Figure 73: UAE Plant-based Milk Market (in US$ Million), 2019-2033
Figure 74: Market Value Chain
List of Tables
Table 1: Global Plant-based Milk Market Portraiture
Table 2: Global Plant-based Milk Market by Type (in US$ Million), 2023 & 2033
Table 3: Global Plant-based Milk Market by End-Use (in US$ Million), 2023 & 2033
Table 4: Global Plant-based Milk Market by Distribution Channel (in US$ Million), 2023 & 2033
Table 5: Global Plant-based Milk Market by Region (in US$ Million), 2023 & 2033
Table 6: Europe Plant-based Milk Market by Country (in US$ Million), 2023 & 2033
Table 7: North America Plant-based Milk Market by Country (in US$ Million), 2023 & 2033
Table 8: Asia Pacific Plant-based Milk Market by Country (in US$ Million), 2023 & 2033
Table 9: Latin America Plant-based Milk Market by Country (in US$ Million), 2023 & 2033
Table 10: Middle East & Africa Plant-based Milk Market by Country (in US$ Million),
2023 & 2033
Table 11: List of Key Players

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