The Milk Shakeup: How Plant-Based Alternatives are Disrupting the Dairy Industry

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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.

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!


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