
The global plant-based dairy market is anticipated to witness significant growth, with an expected uptick of USD 13.9 billion, equating to a CAGR of about 6.3% in the coming years. Globally, the plant-based dairy market is experiencing robust growth, spurred by a convergence of health, sustainability, and ethical concerns. A surge in lactose intolerance awareness, along with a rise in vegan and flexitarian diets, is fueling demand for diverse plant-based alternatives. The market is also benefiting from significant investments in research and development, leading to improved taste and texture that closely mimic traditional dairy.
This report presents a thorough analysis and future outlook for the global plant-based dairy market, covering historical data from 2020 to 2024 and forecasts up to 2030. It investigates market size, growth patterns, and segmented insights, revealing the trends transforming the industry. By dissecting critical aspects such as product type, distribution channel and region, the report provides a comprehensive toolkit for understanding and capitalizing on market opportunities.
Market Segmentation
The global plant-based dairy market is structured as follows:
Product type: plant-based milk, plant-based yoghurt, plant-based cheese
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, food & drinks stores, grocery stores, e-commerce, others
Region: Asia Pacific, Europe, Latin America, Middle East and Africa, North America
The global plant-based dairy market is categorized by product type, distribution channel and region. By product type, the market is categorized into plant-based milk, plant-based yoghurt, and plant-based cheese. Distribution channel segmentation includes convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, food & drinks stores, grocery stores, e-commerce, and others. Geographically, the market is divided into Asia Pacific, Europe, Latin America, Middle East and Africa and North America.
Competitive Landscape
The plant-based dairy market is highly competitive, with key companies profiled in this report, including Wanxiang Sannong Group Co. Ltd., VITASOY International Holdings Limited, The Coca-Cola Company, Ripple Foods Inc., Quang Ngai Sugar Joint Stock Company, Olga S.A.S., Oatly Group AB, Marusanai Co. Ltd., Lactasoy Co. Ltd., Kikkoman Corporation, Hebei Yangyuan Zhihui Beverage Co. Ltd., Green Spot Co. Ltd., Fujian Dali Group Co. Ltd., Flora Food Group B.V., Ecotone, Dr. Chung’s Food Co. Ltd., Danone S.A., Coconut Palm Group Co. Ltd., Chobani LLC, Califia Farms LP, Bright Food (Group) Co. Ltd. and Blue Diamond Growers.
The report provides a detailed assessment of prominent companies within the plant-based dairy market, tracking their performance from 2020 to 2024. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
Why Buy This Report?
Obtain precise statistical data and forecasts for the global plant-based dairy market.
Gain in-depth analysis and forecasts for the key segments of the global plant-based dairy market: product type, distribution channel and region.
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Gain deep insights into the dynamics of the global plant-based dairy market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the global plant-based dairy market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
Global Plant-based Dairy Market – Product Type Analysis
Global Plant-based Dairy Market – Distribution Channel Analysis
Global Plant-based Dairy Market – Region Analysis
Company Shares Analysis
Wanxiang Sannong Group Co., Ltd.
VITASOY International Holdings Limited
The Coca-Cola Company
Ripple Foods Inc.
Quang Ngai Sugar Joint Stock Company
Olga S.A.S.
Oatly Group AB
Marusanai Co., Ltd.
Lactasoy Co., Ltd.
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer
FIGURES AND TABLES
Table Global Plant-based Dairy Market 2020-2030
Chart Global Plant-based Dairy Market, Net Growth, 2020-2030
Chart Global Plant-based Dairy Market, Growth Rates, 2020-2030
Table Global Plant-based Dairy Market by Product Type, 2020-2030
Chart Global Plant-based Dairy Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Global Plant-based Dairy Market by Product Type, 2020-2030
Table Global Plant-based Dairy Market by Distribution Channel, 2020-2030
Chart Global Plant-based Dairy Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Global Plant-based Dairy Market by Distribution Channel, 2020-2030
Table Global Plant-based Dairy Market by Region, 2020-2030
Chart Global Plant-based Dairy Market by Region, CAGR Historic and Forecast, 2020-2030
Chart Global Plant-based Dairy Market by Region, 2020-2030
Table Global Plant-based Dairy Market Share (%), by Companies, 2020-2024
Chart Global Plant-based Dairy Market, by Companies, 2024
Table Global Plant-based Dairy Market Share (%), by Brands, 2020-2024
Chart Global Plant-based Dairy Market, by Brands, 2024
Table Global – Population (Millions) and Forecast
Table Global – Consumer Price Index (CPI) and Forecast
Table Global – Gross Domestic Product and Forecast
Table Global Plant-based Dairy Market: Spend as a Proportion of GDP (%)
Table Global Plant-based Dairy Market: Consumption per Capita (Population)
Companies Mentioned
Wanxiang Sannong Group Co., Ltd.
VITASOY International Holdings Limited
The Coca-Cola Company
Ripple Foods Inc.
Quang Ngai Sugar Joint Stock Company
Olga S.A.S.
Oatly Group AB
Marusanai Co., Ltd.
Lactasoy Co., Ltd.
Kikkoman Corporation
Hebei Yangyuan Zhihui Beverage Co., Ltd.
Green Spot Co., Ltd.
Fujian Dali Group Co. Ltd.
Flora Food Group B.V.
Ecotone
Dr. Chung’s Food Co., Ltd.
Danone S.A.
Coconut Palm Group Co., Ltd.
Chobani LLC
Califia Farms LP
Bright Food (Group) Co., Ltd.
Blue Diamond Growers
$1,875.0
What's Inside?
→ Market Estimates, Forecasts & Historical Data
→ Critical Performance Data and Rankings
→ Emerging Trends, Market Changes
→ PDF Report and Excel Datasheet
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