A milk alternative is any alternative liquid that replaces milk in a diet or recipe.
Milk Alternatives Market contains market size and forecasts of Milk Alternatives in global, including the following market information:
- Global Milk Alternatives Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Milk Alternatives Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Milk Alternatives companies in 2021 (%)
The global Milk Alternatives market was valued at 9793.2 million in 2021 and is projected to reach US$ 15910 million by 2028, at a CAGR of 7.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Soy Milk Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Milk Alternatives include Blue Diamond Growers, Dr Chung' S Food, Earth'S Own Food, Eden Foods, Freedom Foods, Leche Pascual, Living Harvest Foods, Maeil Dairies and Nutriops, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Milk Alternatives manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Milk Alternatives Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Milk Alternatives Market Segment Percentages, by Type, 2021 (%)
- Soy Milk
- Almond Milk
- Rice Milk
- Others
Global Milk Alternatives Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Milk Alternatives Market Segment Percentages, by Application, 2021 (%)
- Hypermarkets/Supermarkets
- Convenience Stores
- Online Retail
- Others
Global Milk Alternatives Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Milk Alternatives Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Milk Alternatives revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Milk Alternatives revenues share in global market, 2021 (%)
- Key companies Milk Alternatives sales in global market, 2017-2022 (Estimated), (K MT)
- Key companies Milk Alternatives sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Blue Diamond Growers
- Dr Chung' S Food
- Earth'S Own Food
- Eden Foods
- Freedom Foods
- Leche Pascual
- Living Harvest Foods
- Maeil Dairies
- Nutriops
- Oatly
- Organic Valley
- Pacific Natural Foods
- Panos Brands
- Pureharvest
- Sanitarium Health & Wellbeing
- Stremicks Heritage Foods
- Sunopta
- The Bridge
- The Hain Celestial
- The Whitewave Foods
- Turtle Mountain
- Vitasoy International Holdings
- VVFB