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 9.6% during 2025-2034. 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: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
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), 2020-2024
- Figure 2: Global Plant-based Milk Market by Type, 2024
- Figure 3: Global Plant-based Milk Market by End-Use, 2024
- Figure 4: Global Plant-based Milk Market by Distribution Channel, 2024
- Figure 5: Global Plant-based Milk Market by Region, 2024
- Figure 6: Global Plant-based Milk Market (in US$ Million), 2025-2034
- Figure 7: Global Plant-based Milk Market by Type (in %), 2024 & 2034
- Figure 8: Global Almond Plant-based Milk Market (in US$ Million), 2020-2024
- Figure 9: Global Almond Plant-based Milk Market (in US$ Million), 2025-2034
- Figure 10: Global Soy Plant-based Milk Market (in US$ Million), 2020-2024
- Figure 11: Global Soy Plant-based Milk Market (in US$ Million), 2025-2034
- Figure 12: Global Rice Plant-based Milk Market (in US$ Million), 2020-2024
- Figure 13: Global Rice Plant-based Milk Market (in US$ Million), 2025-2034
- Figure 14: Global Oat Plant-based Milk Market (in US$ Million), 2020-2024
- Figure 15: Global Oat Plant-based Milk Market (in US$ Million), 2025-2034
- Figure 16: Global Coconut Plant-based Milk Market (in US$ Million), 2020-2024
- Figure 17: Global Coconut Plant-based Milk Market (in US$ Million), 2025-2034
- Figure 18: Global Other Types Plant-based Milk Market (in US$ Million), 2020-2024
- Figure 19: Global Other Types Plant-based Milk Market (in US$ Million), 2025-2034
- Figure 20: Global Plant-based Milk Market by End-Use (in %), 2024 & 2034
- Figure 21: Global Retail/Household Plant-based Milk Market (in US$ Million), 2020-2024
- Figure 22: Global Retail/Household Plant-based Milk Market (in US$ Million), 2025-2034
- Figure 23: Global Foodservices Industry Plant-based Milk Market (in US$ Million), 2020-2024
- Figure 24: Global Foodservices Industry Plant-based Milk Market (in US$ Million), 2025-2034
- Figure 25: Global Food and Beverage Industry Plant-based Milk Market (in US$ Million), 2020-2024
- Figure 26: Global Food and Beverage Industry Plant-based Milk Market (in US$ Million), 2025-2034
- Figure 27: Global Plant-based Milk Market by Distribution Channel (in %), 2024 & 2034
- Figure 28: Global Supermarket Plant-based Milk Market (in US$ Million), 2020-2024
- Figure 29: Global Supermarket Plant-based Milk Market (in US$ Million), 2025-2034
- Figure 30: Global Convenience Stores Plant-based Milk Market (in US$ Million), 2020-2024
- Figure 31: Global Convenience Stores Plant-based Milk Market (in US$ Million), 2025-2034
- Figure 32: Global Online Plant-based Milk Market (in US$ Million), 2020-2024
- Figure 33: Global Online Plant-based Milk Market (in US$ Million), 2025-2034
- Figure 34: Global Other Distribution Channels Plant-based Milk Market (in US$ Million), 2020-2024
- Figure 35: Global Other Distribution Channels Plant-based Milk Market (in US$ Million), 2025-2034
- Figure 36: Global Plant-based Milk Market by Region (in %), 2024 & 2034
- Figure 37: Europe Plant-based Milk Market (in US$ Million), 2020-2024
- Figure 38: Europe Plant-based Milk Market (in US$ Million), 2025-2034
- Figure 39: Europe Plant-based Milk Market by Country (in %), 2024 & 2034
- Figure 40: Germany Plant-based Milk Market (in US$ Million), 2020-2034
- Figure 41: United Kingdom Plant-based Milk Market (in US$ Million), 2020-2034
- Figure 42: France Plant-based Milk Market (in US$ Million), 2020-2034
- Figure 43: Italy Plant-based Milk Market (in US$ Million), 2020-2034
- Figure 44: Spain Plant-based Milk Market (in US$ Million), 2020-2034
- Figure 45: Russia Plant-based Milk Market (in US$ Million), 2020-2034
- Figure 46: Netherlands Plant-based Milk Market (in US$ Million), 2020-2034
- Figure 47: North America Plant-based Milk Market (in US$ Million), 2020-2024
- Figure 48: North America Plant-based Milk Market (in US$ Million), 2025-2034
- Figure 49: North America Plant-based Milk Market by Country (in %), 2024 & 2034
- Figure 50: United States Plant-based Milk Market (in US$ Million), 2020-2034
- Figure 51: Canada Plant-based Milk Market (in US$ Million), 2020-2034
- Figure 52: Asia Pacific Plant-based Milk Market (in US$ Million), 2020-2024
- Figure 53: Asia Pacific Plant-based Milk Market (in US$ Million), 2025-2034
- Figure 54: Asia Pacific Plant-based Milk Market by Country (in %), 2024 & 2034
- Figure 55: China Plant-based Milk Market (in US$ Million), 2020-2034
- Figure 56: Japan Plant-based Milk Market (in US$ Million), 2020-2034
- Figure 57: India Plant-based Milk Market (in US$ Million), 2020-2034
- Figure 58: South Korea Plant-based Milk Market (in US$ Million), 2020-2034
- Figure 59: Australia Plant-based Milk Market (in US$ Million), 2020-2034
- Figure 60: Indonesia Plant-based Milk Market (in US$ Million), 2020-2034
- Figure 61: Latin America Plant-based Milk Market (in US$ Million), 2020-2024
- Figure 62: Latin America Plant-based Milk Market (in US$ Million), 2025-2034
- Figure 63: Latin America Plant-based Milk Market by Country (in %), 2024 & 2034
- Figure 64: Mexico Plant-based Milk Market (in US$ Million), 2020-2034
- Figure 65: Brazil Plant-based Milk Market (in US$ Million), 2020-2034
- Figure 66: Argentina Plant-based Milk Market (in US$ Million), 2020-2034
- Figure 67: Middle East & Africa Plant-based Milk Market (in US$ Million), 2020-2024
- Figure 68: Middle East & Africa Plant-based Milk Market (in US$ Million), 2025-2034
- Figure 69: Middle East & Africa Plant-based Milk Market by Country (in %), 2024 & 2034
- Figure 70: Saudi Arabia Plant-based Milk Market (in US$ Million), 2020-2034
- Figure 71: Turkey Plant-based Milk Market (in US$ Million), 2020-2034
- Figure 72: Iran Plant-based Milk Market (in US$ Million), 2020-2034
- Figure 73: UAE Plant-based Milk Market (in US$ Million), 2020-2034
- 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), 2024 & 2034
- Table 3: Global Plant-based Milk Market by End-Use (in US$ Million), 2024 & 2034
- Table 4: Global Plant-based Milk Market by Distribution Channel (in US$ Million), 2024 & 2034
- Table 5: Global Plant-based Milk Market by Region (in US$ Million), 2024 & 2034
- Table 6: Europe Plant-based Milk Market by Country (in US$ Million), 2024 & 2034
- Table 7: North America Plant-based Milk Market by Country (in US$ Million), 2024 & 2034
- Table 8: Asia Pacific Plant-based Milk Market by Country (in US$ Million), 2024 & 2034
- Table 9: Latin America Plant-based Milk Market by Country (in US$ Million), 2024 & 2034
- Table 10: Middle East & Africa Plant-based Milk Market by Country (in US$ Million),
- 2024 & 2034
- Table 11: List of Key Players
Research Assistance
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