Plant-Based Milk Market was valued at US$ 15.51 billion in 2023 and is projected to reach US$ 27.69 billion by 2031, growing at a CAGR of 7.5% from 2024 to 2031.
This report isn't your average dairy delivery. It's a deep dive into the exploding plant-based milk market, projected to be a cool $27.69 billion industry by 2031. Here's what you'll get:
- The Oat-standing Rise of Plant-Based Alternatives: Discover the key trends driving consumers to ditch dairy and embrace milks made from soy, almond, oat, and beyond.
- Innovation at its Finest: Explore the latest advancements in plant-based milk technology, creating tastier, more sustainable options for every taste bud.
- From Niche to Norm: Unleashing the Global Potential: Identify high-growth regions like Asia Pacific where plant-based beverages are taking center stage.
- A Seat at the Table: Understanding the Competitive Landscape: Learn from the strategies of leading brands and uncover opportunities to differentiate yourself in this dynamic market.
Is the Moo-vement Real? Yes, and Here's Why:
- Health-Conscious Consumers: An increasing focus on health and wellness is driving the demand for plant-based alternatives perceived as healthier options.
- Environmental Concerns: Sustainability is a major factor, with consumers seeking plant-based milks due to their lower environmental impact compared to traditional dairy.
- Ethical Considerations: Animal welfare concerns are leading some consumers to choose plant-based milks as a more ethical alternative.
Don't Get Left Behind: Invest in the Future of Beverages
With precise market forecasts, in-depth analysis, and expert insights, this report equips you to make informed investment decisions and capitalize on the burgeoning plant-based milk market.
Ready to ditch the dairy aisle and embrace the future of beverages? Request your sample report today!
https://www.kingsresearch.com/request-sample/plant-based-milk-market-601
The major players in the Plant-Based Milk Market are:
- Bayer AG
- Herbalife International of America, Inc.
- Abbott
- Glanbia PLC
- DSM
- Health Milk Manufacturers' Association
- DuPont,
- U.S. Spice Mills, Inc.
- Amway
- Premier Nutrition Corporation
The global Plant-Based Milk Market is segmented as:
By Milk Type
- Soy Milk
- Oat Milk
- Almond Milk
- Coconut Milk
- Rice Milk
- Others
By Nature
- Organic
- Conventional
By Sales Channel
- Hypermarket/Supermarket
- Online Retails
- Specialty Store
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- U.K.
- Spain
- Germany
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- North Africa
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
