The global plant milk market is expected to grow at a CAGR of 6.2% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing awareness about the benefits of plant-based milk and rising demand for vegan products. The soy segment is expected to dominate the global plant milk market during the forecast period, owing to its high protein content and low cost.
The global plant milk market has been segmented on the basis of type, application, and region. Based on type, it has been classified into soy, almond, rice, coconut; based on application it has been classified into snacks & bakery & confectionery (including ice cream), beverages (including coffee), others; based on region it has been classified into North America (US & Canada), Latin America (Mexico & Brazil), Europe (UK & Germany), Asia Pacific (China) and Middle East Africa).
-The plant milk market is growing due to the increasing number of people who are lactose intolerant or vegan.
-The plant milk market is also growing due to the increasing number of people who are looking for healthier alternatives to dairy products.
-The plant milk market is also growing due to the increased demand for vegan and vegetarian food options.
-The plant milk market is also growing due to the increased demand for organic food options.
-The plant milk market is also growing due to the increased demand for gluten free food options.
Industry Growth Insights published a new data on “Plant Milk Market”. The research report is titled “Plant Milk Market research by Types (Soy, Almond, Rice, Coconut), By Applications (Snacks, Bakery & Confectionery, Beverages and Others), By Players/Companies Ripple Foods, Danone, WhiteWave Foods, Archer-Daniels-Midland, Hain Celestial Group, Califia Farms, Daiya Foods, Freedom Foods”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Plant Milk Market Research Report
By Type
Soy, Almond, Rice, Coconut
By Application
Snacks, Bakery & Confectionery, Beverages and Others
By Companies
Ripple Foods, Danone, WhiteWave Foods, Archer-Daniels-Midland, Hain Celestial Group, Califia Farms, Daiya Foods, Freedom Foods
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Plant Milk Market Report Segments:
The global Plant Milk market is segmented on the basis of:
Types
Soy, Almond, Rice, Coconut
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Snacks, Bakery & Confectionery, Beverages and Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ripple Foods
- Danone
- WhiteWave Foods
- Archer-Daniels-Midland
- Hain Celestial Group
- Califia Farms
- Daiya Foods
- Freedom Foods
Highlights of The Plant Milk Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Soy
- Almond
- Rice
- Coconut
- By Application:
- Snacks
- Bakery & Confectionery
- Beverages and Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Plant Milk Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Plant milk is a type of milk that comes from plants. It is made by extracting the juice or cream from plants.
Some of the major players in the plant milk market are Ripple Foods, Danone, WhiteWave Foods, Archer-Daniels-Midland, Hain Celestial Group, Califia Farms, Daiya Foods, Freedom Foods.
The plant milk market is expected to register a CAGR of 6.2%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Plant Milk Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Plant Milk Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Plant Milk Market - Supply Chain
4.5. Global Plant Milk Market Forecast
4.5.1. Plant Milk Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Plant Milk Market Size (000 Units) and Y-o-Y Growth
4.5.3. Plant Milk Market Absolute $ Opportunity
5. Global Plant Milk Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Plant Milk Market Size and Volume Forecast by Type
5.3.1. Soy
5.3.2. Almond
5.3.3. Rice
5.3.4. Coconut
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Plant Milk Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Plant Milk Market Size and Volume Forecast by Application
6.3.1. Snacks
6.3.2. Bakery & Confectionery
6.3.3. Beverages and Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Plant Milk Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Plant Milk Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Plant Milk Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Plant Milk Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Plant Milk Demand Share Forecast, 2019-2026
9. North America Plant Milk Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Plant Milk Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Plant Milk Market Size and Volume Forecast by Application
9.4.1. Snacks
9.4.2. Bakery & Confectionery
9.4.3. Beverages and Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Plant Milk Market Size and Volume Forecast by Type
9.7.1. Soy
9.7.2. Almond
9.7.3. Rice
9.7.4. Coconut
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Plant Milk Demand Share Forecast, 2019-2026
10. Latin America Plant Milk Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Plant Milk Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Plant Milk Market Size and Volume Forecast by Application
10.4.1. Snacks
10.4.2. Bakery & Confectionery
10.4.3. Beverages and Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Plant Milk Market Size and Volume Forecast by Type
10.7.1. Soy
10.7.2. Almond
10.7.3. Rice
10.7.4. Coconut
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Plant Milk Demand Share Forecast, 2019-2026
11. Europe Plant Milk Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Plant Milk Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Plant Milk Market Size and Volume Forecast by Application
11.4.1. Snacks
11.4.2. Bakery & Confectionery
11.4.3. Beverages and Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Plant Milk Market Size and Volume Forecast by Type
11.7.1. Soy
11.7.2. Almond
11.7.3. Rice
11.7.4. Coconut
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Plant Milk Demand Share, 2019-2026
12. Asia Pacific Plant Milk Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Plant Milk Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Plant Milk Market Size and Volume Forecast by Application
12.4.1. Snacks
12.4.2. Bakery & Confectionery
12.4.3. Beverages and Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Plant Milk Market Size and Volume Forecast by Type
12.7.1. Soy
12.7.2. Almond
12.7.3. Rice
12.7.4. Coconut
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Plant Milk Demand Share, 2019-2026
13. Middle East & Africa Plant Milk Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Plant Milk Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Plant Milk Market Size and Volume Forecast by Application
13.4.1. Snacks
13.4.2. Bakery & Confectionery
13.4.3. Beverages and Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Plant Milk Market Size and Volume Forecast by Type
13.7.1. Soy
13.7.2. Almond
13.7.3. Rice
13.7.4. Coconut
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Plant Milk Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Plant Milk Market: Market Share Analysis
14.2. Plant Milk Distributors and Customers
14.3. Plant Milk Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ripple Foods
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Danone
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. WhiteWave Foods
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Archer-Daniels-Midland
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hain Celestial Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Califia Farms
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Daiya Foods
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Freedom Foods
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
