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植物奶市場 - 全球產業規模、佔有率、趨勢、機會和預測，按類型、類別、包裝、配銷通路、地區、競爭細分，2018-2028 年
市場調查報告書
商品編碼
1364010

植物奶市場 - 全球產業規模、佔有率、趨勢、機會和預測，按類型、類別、包裝、配銷通路、地區、競爭細分，2018-2028 年

Plant-Based Milk Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type, By Category, By Packaging, By Distribution Channel, By Region, By Competition, 2018-2028
出版日期: | 出版商: TechSci Research | 英文 178 Pages | 商品交期: 2-3個工作天內

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2022 年全球植物奶市場價值為 126.2401 億美元，預計在預測期內將強勁成長，到 2028 年年複合成長率為 6.38%。市場的激增可歸因於多種因素，例如素食主義的趨勢和乳糖不耐症族群的增加。此外，全球植物奶市場成長的關鍵驅動力之一是消費者健康意識的深刻轉變。

整體而言，植物奶市場是一個快速成長的市場，未來幾年具有巨大的成長潛力。這一成長是由多種因素推動的，包括消費者對植物奶對健康和環境效益的認知不斷提高、植物奶產品供應量的增加以及純素食和素食人口的成長。植物奶在餐飲服務應用中越來越受歡迎。例如，許多咖啡店現在為拿鐵和卡布奇諾提供植物奶選擇。植物奶公司正在開發新的創新產品，例如植物優格、冰淇淋和起司。由於競爭加劇和規模經濟，植物奶變得越來越便宜和容易獲得。植物奶市場的前景是光明的。隨著消費者越來越意識到植物奶對健康和環境的好處，以及植物奶產品變得更實惠和容易取得，植物奶市場預計在未來幾年將繼續快速成長。

由於消費者對健康和永續發展、飲食偏好和乳糖不耐症的意識增強等多種因素，全球植物奶市場正經歷顯著成長。植物奶市場已經從傳統的豆奶和杏仁奶擴展到包括燕麥奶、椰奶、米奶、大麻奶等多種選擇。這種多樣性使消費者能夠選擇適合他們口味偏好和飲食需求的產品。健康意識的增強以及對乳糖不耐受和過敏的擔憂導致許多消費者從牛奶轉向植物性替代品，認為它們是更健康的選擇。植物奶的飽和脂肪和膽固醇含量通常較低，有些還強化了維生素和礦物質。

市場概況
預測期 2024-2028
2022 年市場規模 126.2401億美元
2028 年市場規模 1825,607萬美元
2023-2028 年年複合成長率 6.38%
成長最快的細分市場 線上的
最大的市場 亞太

主要市場促進因素

健康意識的提高推動了全球植物奶市場的成長

近年來，在消費者偏好向更健康、更永續的飲食選擇發生重大轉變的推動下，全球植物奶市場出現了顯著成長。這種轉變與消費者健康意識的提高密切相關，他們擴大尋求傳統牛奶的替代品。在這次全面的探索中，我們深入研究了健康意識的提高對全球植物奶市場的深遠影響，研究了該行業的關鍵促進因素、趨勢和影響。健康意識和飲食選擇之間的關聯怎麼強調都不為過。隨著人們越來越意識到食物選擇對健康的影響，他們正在積極尋求更健康飲食的方法。傳統牛奶一度被視為主食，但現在其營養成分正受到嚴格審查。減少飲食中的飽和脂肪、膽固醇和熱量的願望促使許多人探索植物性牛奶替代品。

新產品發布對全球植物奶市場的影響

近年來，在消費者偏好轉向更健康、永續和道德的食品選擇的推動下，全球植物奶市場取得了顯著成長。推動該市場向前發展的關鍵催化劑之一是新產品的持續推出。隨著消費者尋求傳統牛奶的創新和多樣化替代品，製造商們以一波創意回應，推出了一系列植物奶產品，以滿足各種口味和飲食需求。新產品的推出影響植物奶市場的主要方式之一是為消費者提供比以往更廣泛的選擇。傳統上，大豆和杏仁奶主導市場，但如今，消費者可以從多種植物奶替代品中進行選擇，包括燕麥奶、椰奶、米奶、大麻奶等。這些創新旨在滿足不同的口味偏好和飲食要求，確保每個人都有植物奶選擇。例如，燕麥奶尤其近年來因其奶油質地和良好的起泡能力而廣受歡迎，使其成為咖啡飲用者的最愛。這項創新導致全球對燕麥奶產品的需求激增。

純素食主義、素食主義和彈性素食主義（減少動物產品消費）的興起大大擴大了植物奶市場。植物奶被認為是這些飲食中的主食，提供了符合道德和飲食選擇的無乳製品替代品。新植物奶產品的推出代表了製造商的共同努力，以滿足消費者對更好的口味、質地和多功能性的需求。創新一直是這些產品發布背後的驅動力，公司在研發方面投入大量資金。例如，香草或巧克力杏仁奶等口味品種可為消費者提供更縱享的體驗。咖啡師品質的植物奶專為咖啡店開發，使消費者能夠享受他們最喜歡的不含乳製品的咖啡飲料。

總之，新產品的推出一直是全球植物奶市場的驅動力，重塑了產業並滿足了消費者不斷變化的需求。多樣化植物奶選擇的推出、強化的營養成分、永續實踐以及口味和質地的創新，使這些產品對廣大消費者越來越有吸引力。

易於獲取推動全球植物奶市場的成長

近年來，全球植物奶市場取得了顯著成長，推動這項擴張的關鍵因素之一是植物奶產品的易於取得。世界各地的消費者擴大選擇植物奶而不是傳統乳製品，這些產品的供應在塑造這一趨勢方面發揮了關鍵作用。過去十年，向植物奶的轉變已成為一個重要的飲食趨勢。它不再局限於利基市場或飲食偏好，而是已成為主流。植物奶選擇包括杏仁奶、大豆奶、燕麥奶、米奶、椰子奶、大麻奶等。這種多樣化的選擇迎合了不同的口味和飲食要求，使消費者更容易找到適合自己喜好的產品。植物奶在超市貨架上隨處可見。世界各地的主要雜貨連鎖店現在備有各種品牌和品種的植物奶。消費者可以在乳製品過道或植物性替代品的指定區域輕鬆找到這些產品。這種展示位置提高了知名度和可近性，鼓勵消費者嘗試這些產品。

數位時代迎來了便利的新時代。線上零售平台已成為植物奶市場的重要參與者。消費者只需點擊幾下即可訂購他們最喜歡的植物奶產品，並將其送到家中。訂閱服務進一步提高了可用性，允許消費者設定定期交付，確保植物奶的持續供應。植物奶的供應並不限於單一地區。這種趨勢已經走向全球。植物奶產業的主要參與者已經擴大了其分銷網路，以覆蓋全球消費者。例如，一個起源於歐洲的品牌現在可能在北美、亞洲和其他地區擁有強大的影響力。

全球植物奶市場經歷了顯著成長，而供應的便利性是推動這一擴張的關鍵因素。超市、便利商店、線上零售平台、食品服務機構和餐廳都可以買到植物奶，這使得全世界的消費者都能買到植物奶。

主要市場挑戰

高價

近年來，在健康意識增強、永續性關注和飲食偏好等因素的推動下，全球植物奶市場取得了顯著成長。然而，儘管它越來越受歡迎，但該市場繼續存在的一個重大挑戰是高價格問題。植物奶生產通常涉及成本密集的過程。例如，杏仁奶的生產需要大量的水，而杏仁作物容易受到氣候變遷的影響，進而影響產量。另一方面，燕麥奶的生產涉及燕麥的研磨和提取液體的額外步驟。這些過程增加了整體生產成本。採購原料的成本是重要因素。用於植物奶生產的優質堅果、穀物或豆類可能很昂貴，特別是如果它們的來源是永續且合乎道德的。此外，這些原物料價格的波動也會影響最終產品的成本。植物奶的加工和製造涉及多個步驟，包括研磨、浸泡、混合，在某些情況下還需要添加維生素和礦物質。這些過程需要設備和勞動力，增加了整體成本。

植物奶市場的競爭和創新也會影響價格。雖然競爭可以推動創新並提高效率，但它也可能導致獨特或專業產品的溢價。例如，特種植物奶品種，如手工堅果奶混合物，往往價格較高。高價可能成為一些消費者的進入障礙，特別是那些可支配收入有限的消費者。雖然有些消費者出於健康或永續發展的原因願意為植物奶支付溢價，但其他消費者可能會因為植物奶和牛奶之間的成本差異而望而卻步。全球植物奶市場的高價格挑戰是一個複雜的問題，受到生產成本、採購、加工和競爭等多種因素的影響。

來自傳統乳製品品牌的競爭

植物奶市場最顯著的挑戰之一是成熟的傳統乳製品公司進入該行業。這些乳製品巨頭憑藉其廣泛的資源、分銷網路和品牌知名度，已開始透過引入植物奶替代品或收購現有的植物奶品牌來實現產品組合多元化。傳統乳製品品牌受益於數十年甚至數百年的品牌知名度和消費者信任。當這些公司進入植物奶市場時，他們往往利用現有的聲譽來站穩腳跟。消費者可能更傾向於嘗試熟悉名稱的植物奶產品，這可能對較小的專業植物品牌構成挑戰。

傳統乳製品公司擁有快速實現植物乳產品線多樣化的資源。他們可以推出各種口味、配方和包裝選項，以滿足廣泛的消費者喜好。這種提供多種產品選擇的能力可以吸引更大的客戶群，並使專業的植物性品牌脫穎而出更具挑戰性。來自傳統乳製品品牌的競爭是全球植物奶市場面臨的重大挑戰。成熟的乳製品公司利用其品牌知名度、分銷網路和資源進入植物奶領域。這種競爭可能使專業植物性品牌難以獲得市場佔有率、進入分銷管道和進行定價競爭。

主要市場趨勢

植物奶品種多樣化

全球植物奶市場最突出的趨勢之一是傳統豆奶和杏仁奶以外的牛奶替代品的多樣化。現在，消費者有多種選擇，包括燕麥、米、椰子、大麻和腰果奶等。這種多樣化迎合了不同的飲食偏好、營養需求和口味偏好。近年來，燕麥奶廣受歡迎，成為植物奶市場的有力競爭者。這種趨勢可以歸因於幾個因素。首先，燕麥奶具有天然的甜味和奶油質地，使其成為咖啡、拿鐵和穀物中牛奶的合適替代品。其次，由於其用水量較低且環境足跡較小，因此通常被認為比杏仁奶更具永續性。像奧特利這樣的品牌已經利用了這個趨勢，導致燕麥奶產品的廣泛供應。植物奶多樣化的另一個趨勢是創造專門的混合物。品牌正在結合各種植物來源來創造獨特的牛奶替代品，提供全面的營養成分。例如，杏仁和椰子或米和豌豆蛋白的混合物旨在提供口味和營養的平衡。

健康與保健焦點

消費者的健康意識是植物奶市場背後的驅動力。這一趨勢涵蓋多個方面，包括降低植物性乳製品中的飽和脂肪和膽固醇含量、添加維生素和礦物質以及降低糖含量。許多植物乳製品都強化了維生素和礦物質，例如鈣、維生素 D 和維生素 B12，以符合牛奶的營養成分。這種強化增強了植物奶對注重健康的消費者的吸引力，尤其是那些可能從乳製品過渡的消費者。另一個以健康為導向的趨勢是低糖和不加糖的植物奶品種的出現。隨著消費者越來越意識到自己的糖攝取量，製造商正在推出滿足這種需求的產品。不加糖的杏仁奶、大豆奶和燕麥奶的選擇在商店貨架上變得越來越普遍。為了滿足希望增加蛋白質攝取量的消費者的需求，一些植物奶品牌提供了富含蛋白質的版本。例如，豌豆蛋白奶因其比杏仁奶或燕麥奶更高的蛋白質含​​量而受到歡迎。這些富含蛋白質的選擇吸引了運動員、健身愛好者和尋求植物性蛋白質來源的個人。

零售擴張與便利

植物奶的易獲取性在其市場成長中發揮了關鍵作用。零售擴張一直是關鍵趨勢，使這些產品能夠接觸到更廣泛的消費者群體。植物乳製品現在在超市中佔據顯著位置，通常與傳統牛奶放在一起。這種佈局提高了知名度並鼓勵消費者探索植物性選擇。除了超市之外，便利商店也順應了提供單份盒裝植物奶的趨勢。這使得植物奶即使消費者出門在外也很容易獲得，從而帶來了便利。數位時代改變了消費者購買植物奶的方式。線上零售平台和訂閱服務越來越受歡迎，消費者可以輕鬆訂購他們喜歡的植物奶產品，並直接送到家中。這種便利因素吸引了忙碌的個人和具有特定飲食偏好的人。

細分市場洞察

類型洞察

依類型分類，全球植物奶市場主要分為杏仁奶、豆奶、椰奶、燕麥奶、米奶等。根據預測，2022年，植物奶市場將由​​杏仁奶類別主導，市佔率為29.99%。該市場領域的領先地位主要與轉向以堅果為基礎的無乳糖牛奶的顧客數量增加、消費者口味偏好的變化以及一般健康和環境問題的增加等因素有關。預計在預測期內，該細分市場將會增加。由於無大豆和無麩質產品越來越受歡迎，這個市場正在迅速擴大。

區域洞察

從地理來看，預計到 2022 年，亞太地區將佔據植物奶最大市場佔有率，達到 50.53%。該地區的巨大市場佔有率主要歸因於健康意識的提高以及餐飲業更快地採用技術改進，以及更大的素食主義者和素食者人口基數。西方飲食的日益普及、該地區人口的不斷成長以及對乳製品替代品行業的更多投資都是其迅速崛起的主要原因。

主要市場參與者

  • 達能公司
  • 河北陽原智慧飲料股份有限公司
  • 藍鑽種植者
  • 椰樹Group Limited
  • 奧特利集團AB
  • 加州農場有限公司
  • 地球自己的食品公司
  • 海恩天體Group Limited
  • SunOpta 公司
  • 瑞波食品 PBC
  • 澳洲健康與營養協會有限公司

報告範圍：

在本報告中，除了以下詳細介紹的產業趨勢外，全球植物奶市場也分為以下幾類：

植物奶市場，依類型：

  • 豆漿
  • 椰奶
  • 杏仁奶
  • 燕麥奶
  • 其他

植物奶市場，依類別：

  • 調味
  • 無味

植物奶市場（依包裝）：

  • 紙箱
  • 瓶子
  • 其他

植物奶市場，依配銷通路分類：

  • 便利商店/雜貨店
  • 超市場
  • 線上的
  • 其他

植物奶市場（按地區）：

  • 北美洲
    • 美國
    • 加拿大
    • 墨西哥
  • 歐洲
    • 法國
    • 英國
    • 義大利
    • 德國
    • 西班牙
  • 亞太
    • 中國
    • 印度
    • 日本
    • 澳洲
    • 韓國
  • 南美洲
    • 巴西
    • 阿根廷
    • 哥倫比亞
  • 中東和非洲
    • 南非
    • 沙烏地阿拉伯
    • 阿拉伯聯合大公國
    • 土耳其

競爭格局

公司概況：全球植物奶市場主要公司的詳細分析。

可用的客製化：

全球植物奶市場報告以及給定的市場資料，技術科學研究根據公司的具體需求提供客製化服務。該報告可以使用以下自訂選項：

公司資訊

  • 其他市場參與者（最多五個）的詳細分析和概況分析。

目錄

第 1 章：簡介

  • 產品概述
  • 報告的主要亮點
  • 市場覆蓋範圍
  • 涵蓋的細分市場
  • 考慮研究任期

第 2 章：研究方法

  • 研究目的
  • 基線方法
  • 主要產業夥伴
  • 主要協會和二手資料來源
  • 預測方法
  • 數據三角測量與驗證
  • 假設和限制

第 3 章：執行摘要

  • 市場概況
  • 市場預測
  • 重點地區
  • 關鍵環節

第 4 章：客戶之聲

  • 受訪者人口統計
    • 按性別
    • 按年齡
    • 按職業
  • 品牌意識
  • 影響購買決策的因素
  • 品牌滿意度
  • 客戶滿意度
  • 面臨的挑戰

第 5 章：全球植物奶市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依類型市佔率分析（豆奶、椰奶、杏仁奶、燕麥奶、其他（米奶、豌豆奶等））
    • 依類別市佔率分析（調味與非調味）
    • 依包裝市佔率分析（紙箱、瓶子、其他（袋、罐等））
    • 依配銷通路市場佔有率分析（便利商店/雜貨店、超市、網路、其他（專賣店、大型超市等））
    • 按區域市佔率分析
    • 按公司股市分析
  • 全球植物奶市場測繪與機會評估
    • 按類型市場測繪和機會評估
    • 按類別市場測繪和機會評估
    • 透過包裝市場測繪和機會評估
    • 按配銷通路市場測繪和機會評估
    • 按地區市佔率分析

第 6 章：亞太地區植物奶市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型市佔率分析
    • 按類別市佔率分析
    • 按包裝市場佔有率分析
    • 按配銷通路市場佔有率分析
    • 按國家市佔率分析

第 7 章：北美植物奶市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型市佔率分析
    • 按類別市佔率分析
    • 按包裝市場佔有率分析
    • 按市佔率分析
    • 按配銷通路市場佔有率分析
    • 按國家市佔率分析

第 8 章：歐洲植物奶市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型市佔率分析
    • 按類別市佔率分析
    • 按包裝市場佔有率分析
    • 按配銷通路市場佔有率分析
    • 按國家市佔率分析

第 9 章：南美洲植物奶市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型市佔率分析
    • 按類別市佔率分析
    • 按包裝市場佔有率分析
    • 按配銷通路市場佔有率分析
    • 按國家市佔率分析

第 10 章：中東和非洲植物奶市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型市佔率分析
    • 按類別市佔率分析
    • 按包裝市場佔有率分析
    • 按配銷通路市場佔有率分析
    • 按國家市佔率分析

第 11 章：市場動態

  • 動力
  • 挑戰

第 12 章：COVID-19 對全球植物奶市場的影響

第 13 章：市場趨勢與發展

第 14 章：波特的五力分析

  • 競爭競爭
  • 買家的議價能力
  • 供應商的議價能力
  • 新進入者的威脅
  • 替代品的威脅

第15章：競爭格局

    • 達能公司
      • 公司詳情
      • 產品與服務
      • 金融
      • 主要市場焦點和地域分佈
      • 最近的發展
      • 主要管理人員
    • 河北陽原智慧飲料股份有限公司
      • 公司詳情
      • 產品與服務
      • 金融
      • 主要市場焦點和地域分佈
      • 最近的發展
      • 主要管理人員
    • 藍鑽種植者
      • 公司詳情
      • 產品與服務
      • 金融
      • 主要市場焦點和地域分佈
      • 最近的發展
      • 主要管理人員
    • 椰樹Group Limited
      • 公司詳情
      • 產品與服務
      • 主要市場焦點和地域分佈
      • 最近的發展
      • 主要管理人員
    • 奧特利集團AB
      • 公司詳情
      • 產品與服務
      • 金融
      • 主要市場焦點和地域分佈
      • 最近的發展
      • 主要管理人員
    • 加州農場有限公司
      • 公司詳情
      • 產品與服務
      • 主要市場焦點和地域分佈
      • 最近的發展
      • 主要管理人員
    • 地球自己的食品公司
      • 公司詳情
      • 產品與服務
      • 主要市場焦點和地域分佈
      • 最近的發展
      • 主要管理人員
    • 海恩天體Group Limited
      • 公司詳情
      • 產品與服務
      • 金融
      • 主要市場焦點和地域分佈
      • 最近的發展
      • 主要管理人員
    • SunOpta 公司
      • 公司詳情
      • 產品與服務
      • 金融
      • 主要市場焦點和地域分佈
      • 最近的發展
      • 主要管理人員
    • 瑞波食品 PBC
      • 公司詳情
      • 產品與服務
      • 主要市場焦點和地域分佈
      • 最近的發展
      • 主要管理人員
    • 澳洲健康與營養協會有限公司
      • 公司詳情
      • 產品與服務
      • 主要市場焦點和地域分佈
      • 最近的發展
      • 主要管理人員

第 16 章：策略建議/行動計劃

第 17 章：關於我們與免責聲明

Product Code: 14165

Global Plant-Based Milk Market has valued at USD12,624.01 Million in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 6.38% through 2028. This surge in the market can be attributed to various factors such as the rise in the trend of veganism and an increase in the lactose intolerant population. Moreover, one of the key drivers behind the growth of the global plant-based milk market is the profound shift in consumer health consciousness.

Overall, the plant-based milk market is a rapidly growing market with significant potential for growth in the coming years. This growth is being driven by a number of factors, including rising consumer awareness of the health and environmental benefits of plant-based milk, increasing availability of plant-based milk products, and growing vegan and vegetarian populations. Plant-based milk is becoming increasingly popular in foodservice applications. For example, many coffee shops now offer plant-based milk options for their lattes and cappuccinos. Plant-based milk companies are developing new and innovative products, such as plant-based yogurt, ice cream, and cheese. Plant-based milk is becoming more affordable and accessible, thanks to increased competition and economies of scale. The future of the plant-based milk market is bright. As consumers become more aware of the health and environmental benefits of plant-based milk, and as plant-based milk products become more affordable and accessible, the plant-based milk market is expected to continue to grow rapidly in the coming years.

The global plant-based milk market was experiencing significant growth due to various factors such as increased consumer awareness about health and sustainability, dietary preferences, and lactose intolerance. The plant-based milk market had expanded beyond traditional soy and almond milk to include a wide range of options such as oat milk, coconut milk, rice milk, hemp milk, and more. This diversity allowed consumers to choose products that suited their taste preferences and dietary needs. Growing health consciousness and concerns about lactose intolerance and allergies led many consumers to shift from dairy milk to plant-based alternatives, perceiving them as healthier options. Plant-based milks are often lower in saturated fat and cholesterol, and some are fortified with vitamins and minerals.

Market Overview
Forecast Period2024-2028
Market Size 2022USD 12,624.01 Million
Market Size 2028USD 18,256.07 Million
CAGR 2023-20286.38%
Fastest Growing SegmentOnline
Largest MarketAsia-Pacific

Key Market Drivers

Rising Health Consciousness Fuels the Global Plant-Based Milk Market Growth

In recent years, the global plant-based milk market has witnessed remarkable growth, driven by a significant shift in consumer preferences towards healthier and more sustainable dietary choices. This shift is closely linked to rising health consciousness among consumers, who are increasingly seeking alternatives to traditional dairy milk. In this comprehensive exploration, we delve into the profound impact of rising health consciousness on the global plant-based milk market, examining the key drivers, trends, and implications for the industry. The nexus between health consciousness and dietary choices cannot be overstated. As people become more aware of the impact of their food choices on their well-being, they are actively seeking ways to adopt healthier diets. Traditional dairy milk, once seen as a dietary staple, is now being scrutinized for its nutritional profile. The desire to reduce saturated fat, cholesterol, and calories from one's diet has led many to explore plant-based milk alternatives.

One of the primary reasons behind the surge in plant-based milk consumption is the perceived health benefits. Many plant-based milks are naturally low in saturated fat and cholesterol, making them a desirable option for those concerned about heart health. Additionally, several varieties of plant-based milk are enriched with essential vitamins and minerals, such as calcium and vitamin D, making them comparable to or even surpassing the nutritional content of dairy milk. For instance, almond milk is known for being a good source of vitamin E and unsaturated fats, which can promote heart health. Soy milk is a complete protein source, making it a suitable option for individuals following vegetarian or vegan diets. Oat milk has gained popularity for its high fiber content, providing digestive benefits. These nutritional advantages align with the health-conscious consumer's desire for a well-rounded diet. Rising health consciousness is a powerful force driving the global plant-based milk market.

The Impact of New Product Launches on the Global Plant-Based Milk Market

The global plant-based milk market has witnessed remarkable growth in recent years, driven by a shift in consumer preferences towards healthier, sustainable, and ethical food choices. One of the key catalysts propelling this market forward is the continuous influx of new product launches. As consumers seek innovative and diverse alternatives to traditional dairy milk, manufacturers have responded with a wave of creativity, introducing an array of plant-based milk products that cater to various tastes and dietary needs. One of the primary ways in which new product launches have impacted the plant-based milk market is by offering consumers a wider range of options than ever before. Traditionally, soy and almond milk dominated the market, but today, consumers can choose from an extensive menu of plant-based milk alternatives, including oat milk, coconut milk, rice milk, hemp milk, and more. These innovations are designed to cater to different taste preferences and dietary requirements, ensuring that there is a plant-based milk option for everyone. For instance, Oat milk, in particular, gained immense popularity in recent years due to its creamy texture and ability to froth well, making it a favorite among coffee drinkers. This innovation has led to a surge in demand for oat milk products globally.

The rise of veganism, vegetarianism, and flexitarianism (reducing animal product consumption) has significantly expanded the plant-based milk market. Plant-based milks are considered a staple in these diets, providing a dairy-free alternative that aligns with ethical and dietary choices. The introduction of new plant-based milk products represents a concerted effort by manufacturers to meet consumer demands for better taste, texture, and versatility. Innovation has been a driving force behind these product launches, with companies investing heavily in research and development. For instance, Flavored varieties, such as vanilla or chocolate almond milk, offer consumers a more indulgent experience. Barista-quality plant-based milks have been developed specifically for coffee shops, enabling consumers to enjoy their favorite coffee beverages without dairy.

In conclusion, new product launches have been a driving force in the global plant-based milk market, reshaping the industry and meeting the evolving demands of consumers. The introduction of diverse plant-based milk options fortified nutritional profiles, sustainable practices, and innovations in taste and texture have made these products increasingly appealing to a wide range of consumers.

Ease of Availability Driving Growth in the Global Plant-Based Milk Market

The global plant-based milk market has witnessed remarkable growth in recent years, and one of the key factors contributing to this expansion is the ease of availability of plant-based milk products. Consumers around the world are increasingly opting for plant-based milk over traditional dairy milk, and the availability of these products has played a pivotal role in shaping this trend. The shift towards plant-based milk has been a significant dietary trend over the past decade. It's no longer confined to niche markets or dietary preferences but has become mainstream. Plant-based milk options include almond, soy, oat, rice, coconut, hemp, and many more. This proliferation of choices caters to diverse tastes and dietary requirements, making it easier for consumers to find a product that suits their preferences. The availability of plant-based milk is evident on supermarket shelves. Major grocery store chains worldwide now stock a wide array of plant-based milk brands and varieties. Consumers can easily find these products in the dairy aisle or designated sections for plant-based alternatives. This placement increases visibility and accessibility, encouraging consumers to try these products.

The digital age has ushered in a new era of convenience. Online retail platforms have become significant players in the plant-based milk market. Consumers can order their favorite plant-based milk products with a few clicks and have them delivered to their doorstep. Subscription services further enhance the ease of availability, allowing consumers to set up recurring deliveries, ensuring a constant supply of plant-based milk. The ease of availability of plant-based milk is not limited to a single region. This trend has gone global. Major players in the plant-based milk industry have expanded their distribution networks to reach consumers worldwide. For example, a brand that originated in Europe may now have a strong presence in North America, Asia, and other regions.

The global plant-based milk market has experienced remarkable growth, and the ease of availability has been a crucial factor in driving this expansion. The availability of plant-based milk in supermarkets, convenience stores, online retail platforms, food service establishments, and restaurants has made it accessible to consumers worldwide.

Key Market Challenges

High Prices

The global plant-based milk market has seen remarkable growth in recent years, driven by factors such as increased health consciousness, sustainability concerns, and dietary preferences. However, despite its growing popularity, one significant challenge that continues to persist in this market is the issue of high prices. Plant-based milk production often involves processes that can be cost-intensive. For example, almond milk production requires substantial water usage, and almond crops are susceptible to climate variations, which can impact yields. Oat milk production, on the other hand, involves the milling of oats and additional steps to extract the liquid. These processes contribute to the overall production costs. The cost of sourcing ingredients is a significant factor. High-quality nuts, grains, or legumes used in plant-based milk production can be expensive, particularly if they are sourced sustainably and ethically. Additionally, fluctuations in the prices of these raw materials can affect the final product's cost. Processing and manufacturing plant-based milk involve various steps, including grinding, soaking, blending, and, in some cases, fortification with vitamins and minerals. These processes require equipment and labor, adding to the overall cost.

Competition and innovation in the plant-based milk market can also impact prices. While competition can drive innovation and improve efficiency, it can also lead to premium pricing for unique or specialized products. For example, specialty plant-based milk varieties, such as artisanal nut milk blends, tend to command higher prices. High prices can act as a barrier to entry for some consumers, particularly those with limited disposable income. While some consumers are willing to pay a premium for plant-based milk due to health or sustainability reasons, others may be deterred by the cost difference between plant-based and dairy milk. The challenge of high prices in the global plant-based milk market is a complex issue influenced by various factors, including production costs, sourcing, processing, and competition.

Competition from Conventional Dairy Brands

One of the most notable challenges in the plant-based milk market is the entry of established conventional dairy companies into the sector. These dairy giants, with their extensive resources, distribution networks, and brand recognition, have begun to diversify their product portfolios by introducing plant-based milk alternatives or acquiring existing plant-based milk brands. Conventional dairy brands benefit from decades, or even centuries, of brand recognition and consumer trust. When these companies enter the plant-based milk market, they often leverage their established reputations to gain a foothold. Consumers may be more inclined to try plant-based milk products from familiar names, which can pose a challenge to smaller, specialized plant-based brands.

Conventional dairy companies have the resources to diversify their plant-based milk product lines quickly. They can introduce various flavors, formulations, and packaging options to cater to a broad range of consumer preferences. This ability to offer a wide selection of products can attract a larger customer base and make it more challenging for specialized plant-based brands to stand out. Competition from conventional dairy brands is a significant challenge in the global plant-based milk market. Established dairy companies leverage their brand recognition, distribution networks, and resources to enter the plant-based milk sector. This competition can make it difficult for specialized plant-based brands to gain market share, access distribution channels, and compete on pricing.

Key Market Trends

Diversification of Plant-Based Milk Varieties

One of the most prominent trends in the global plant-based milk market is the diversification of milk alternatives beyond traditional soy and almond milk. Consumers are now presented with a wide array of options, including oat, rice, coconut, hemp, and cashew milk, among others. This diversification caters to various dietary preferences, nutritional needs, and taste preferences. Oat milk has gained significant popularity in recent years, emerging as a strong contender in the plant-based milk market. This trend can be attributed to several factors. Firstly, oat milk has a naturally sweet flavor and creamy texture, making it a suitable replacement for dairy milk in coffee, lattes, and cereals. Secondly, it is often perceived as more sustainable than almond milk due to its lower water usage and smaller environmental footprint. Brands like Oatley have capitalized on this trend, leading to widespread availability of oat milk products. Another trend in plant-based milk diversification is the creation of specialized blends. Brands are combining various plant sources to create unique milk alternatives that offer a well-rounded nutritional profile. For instance, blends of almond and coconut or rice and pea protein aim to provide a balance of taste and nutrients.

Health and Wellness Focus

Consumer awareness of health and wellness is a driving force behind the plant-based milk market. This trend encompasses several aspects, including lower saturated fat and cholesterol content, added vitamins and minerals, and reduced sugar levels in plant-based milk products. Many plant-based milk products are fortified with vitamins and minerals, such as calcium, vitamin D, and vitamin B12, to align with the nutritional profile of dairy milk. This fortification enhances the appeal of plant-based milk among health-conscious consumers, especially those who may be transitioning from dairy. Another health-oriented trend is the availability of low-sugar and unsweetened plant-based milk varieties. As consumers become more conscious of their sugar intake, manufacturers are responding with products that cater to this demand. Unsweetened almond, soy, and oat milk options have become increasingly prevalent on store shelves. To meet the needs of consumers looking to boost their protein intake, some plant-based milk brands offer protein-enriched versions. For instance, pea protein milk has gained popularity due to its higher protein content compared to almond or oat milk. These protein-rich options appeal to athletes, fitness enthusiasts, and individuals seeking plant-based protein sources.

Retail Expansion and Convenience

The ease of availability of plant-based milk has played a pivotal role in its market growth. Retail expansion has been a key trend, making these products accessible to a broader consumer base. Plant-based milk products are now prominently featured in supermarkets, often placed alongside traditional dairy milk. This placement increases visibility and encourages consumers to explore plant-based options. Beyond supermarkets, convenience stores have embraced the trend of offering single-serving cartons of plant-based milk. This makes plant-based milk readily accessible, even when consumers are away from home, contributing to its convenience. The digital age has transformed the way consumers shop for plant-based milk. Online retail platforms and subscription services have gained traction, allowing consumers to order their preferred plant-based milk products with ease and have them delivered directly to their doorstep. This convenience factor appeals to busy individuals and those with specific dietary preferences.

Segmental Insights

Type Insights

Based on type, the global plant-based milk market is mainly segmented into almond milk, soy milk, coconut milk, oat milk, rice milk, and others. According to projections, in 2022, the market for plant-based milk would be dominated by the almond milk category with market share of 29.99%. The leading position of this market sector is mainly related to elements including a rise in the number of customers switching to nut-based lactose-free milk, a change in consumer taste preferences, and an increase in general health & environmental concerns. It is anticipated that during the forecast period, this segment will increase. Due to soy-free and gluten-free products are becoming more and more popular, this market is expanding quickly.

Regional Insights

Geographically, it is observed that Asia-Pacific would hold the greatest market share of 50.53% for plant-based milk in 2022. The significant market share of this region is primarily attributable to greater health consciousness, faster adoption of technical improvements in the F&B industry, and a larger demographic base of vegans and vegetarians. The western diet's rising popularity, the region's growing population, and more investment in the dairy substitutes industry are all major contributors to its rapid rise.

Key Market Players

  • Danone S.A.
  • Hebei Yangyuan Zhihui Beverage Co., Ltd.
  • Blue Diamond Growers
  • Coconut Palm Group Co. Ltd.
  • Oatly Group AB
  • Califia Farms, LLC
  • Earth's Own Food Company Inc.
  • The Hain Celestial Group, Inc.
  • SunOpta, Inc.
  • Ripple Foods PBC
  • Australian Health and Nutrition Association Ltd.

Report Scope:

In this report, the Global Plant-Based Milk Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Plant-Based Milk Market, By Type:

  • Soy Milk
  • Coconut Milk
  • Almond Milk
  • Oat Milk
  • Others

Plant-Based Milk Market, By Category:

  • Flavored
  • Non-Flavored

Plant-Based Milk Market, By Packaging:

  • Cartons
  • Bottles
  • Others

Plant-Based Milk Market, By Distribution Channel:

  • Convenience/Grocery Stores
  • Supermarkets
  • Online
  • Others

Plant-Based Milk Market, By Region:

  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • France
    • United Kingdom
    • Italy
    • Germany
    • Spain
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Plant-Based Milk Market.

Available Customizations:

Global Plant-Based Milk market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Introduction

  • 1.1. Product Overview
  • 1.2. Key Highlights of the Report
  • 1.3. Market Coverage
  • 1.4. Market Segments Covered
  • 1.5. Research Tenure Considered

2. Research Methodology

  • 2.1. Objective of the Study
  • 2.2. Baseline Methodology
  • 2.3. Key Industry Partners
  • 2.4. Major Association and Secondary Sources
  • 2.5. Forecasting Methodology
  • 2.6. Data Triangulation & Validation
  • 2.7. Assumptions and Limitations

3. Executive Summary

  • 3.1. Market Overview
  • 3.2. Market Forecast
  • 3.3. Key Regions
  • 3.4. Key Segments

4. Voice of Customers

  • 4.1. Respondent Demographics
    • 4.1.1. By Gender
    • 4.1.2. By Age
    • 4.1.3. By Occupation
  • 4.2. Brand Awareness
  • 4.3. Factors Influencing Purchase Decisions
  • 4.4. Brand Satisfaction
  • 4.5. Customer Satisfaction
  • 4.6. Challenges Faced

5. Global Plant-Based Milk Market Outlook

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value
  • 5.2. Market Share & Forecast
    • 5.2.1. By Type Market Share Analysis (Soy Milk, Coconut Milk, Almond Milk, Oat Milk, Others (Rice Milk, Pea Milk, etc.))
    • 5.2.2. By Category Market Share Analysis (Flavored Vs Non-Flavored)
    • 5.2.3. By Packaging Market Share Analysis (Cartons, Bottles, Others (Pouches, Cans, etc.))
    • 5.2.4. By Distribution Channel Market Share Analysis (Convenience/Grocery Stores, Supermarkets, Online, Others (Specialty Stores, Hypermarkets, etc.))
    • 5.2.5. By Regional Market Share Analysis
      • 5.2.5.1. Asia-Pacific Market Share Analysis
      • 5.2.5.2. North America Market Share Analysis
      • 5.2.5.3. Europe Market Share Analysis
      • 5.2.5.4. South America Market Share Analysis
      • 5.2.5.5. Middle East & Africa Market Share Analysis
    • 5.2.6. By Company Share Market Analysis
  • 5.3. Global Plant-Based Milk Market Mapping & Opportunity Assessment
    • 5.3.1. By Type Market Mapping & Opportunity Assessment
    • 5.3.2. By Category Market Mapping & Opportunity Assessment
    • 5.3.3. By Packaging Market Mapping & Opportunity Assessment
    • 5.3.4. By Distribution Channel Market Mapping & Opportunity Assessment
    • 5.3.5. By Region Market Share Analysis

6. Asia-Pacific Plant-Based Milk Market Outlook

  • 6.1. Market Size & Forecast
    • 6.1.1. By Value
  • 6.2. Market Share & Forecast
    • 6.2.1. By Type Market Share Analysis
    • 6.2.2. By Category Market Share Analysis
    • 6.2.3. By Packaging Market Share Analysis
    • 6.2.4. By Distribution Channel Market Share Analysis
    • 6.2.5. By Country Market Share Analysis
      • 6.2.5.1. China Plant-Based Milk Market Outlook
        • 6.2.5.1.1. Market Size & Forecast
        • 6.2.5.1.1.1. By Value
        • 6.2.5.1.2. Market Share & Forecast
        • 6.2.5.1.2.1. By Type Market Share Analysis
        • 6.2.5.1.2.2. By Category Market Share Analysis
        • 6.2.5.1.2.3. By Packaging Market Share Analysis
        • 6.2.5.1.2.4. By Distribution Channel Market Share Analysis
      • 6.2.5.2. Japan Plant-Based Milk Market Outlook
        • 6.2.5.2.1. Market Size & Forecast
        • 6.2.5.2.1.1. By Value
        • 6.2.5.2.2. Market Share & Forecast
        • 6.2.5.2.2.1. By Type Market Share Analysis
        • 6.2.5.2.2.2. By Category Market Share Analysis
        • 6.2.5.2.2.3. By Packaging Market Share Analysis
        • 6.2.5.2.2.4. By Distribution Channel Market Share Analysis
      • 6.2.5.3. South Korea Plant-Based Milk Market Outlook
        • 6.2.5.3.1. Market Size & Forecast
        • 6.2.5.3.1.1. By Value
        • 6.2.5.3.2. Market Share & Forecast
        • 6.2.5.3.2.1. By Type Market Share Analysis
        • 6.2.5.3.2.2. By Category Market Share Analysis
        • 6.2.5.3.2.3. By Packaging Market Share Analysis
        • 6.2.5.3.2.4. By Distribution Channel Market Share Analysis
      • 6.2.5.4. Australia Plant-Based Milk Market Outlook
        • 6.2.5.4.1. Market Size & Forecast
        • 6.2.5.4.1.1. By Value
        • 6.2.5.4.2. Market Share & Forecast
        • 6.2.5.4.2.1. By Type Market Share Analysis
        • 6.2.5.4.2.2. By Category Market Share Analysis
        • 6.2.5.4.2.3. By Packaging Market Share Analysis
        • 6.2.5.4.2.4. By Distribution Channel Market Share Analysis
      • 6.2.5.5. India Plant-Based Milk Market Outlook
        • 6.2.5.5.1. Market Size & Forecast
        • 6.2.5.5.1.1. By Value
        • 6.2.5.5.2. Market Share & Forecast
        • 6.2.5.5.2.1. By Type Market Share Analysis
        • 6.2.5.5.2.2. By Category Market Share Analysis
        • 6.2.5.5.2.3. By Packaging Market Share Analysis
        • 6.2.5.5.2.4. By Distribution Channel Market Share Analysis

7. North America Plant-Based Milk Market Outlook

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value
  • 7.2. Market Share & Forecast
    • 7.2.1. By Type Market Share Analysis
    • 7.2.2. By Category Market Share Analysis
    • 7.2.3. By Packaging Market Share Analysis
    • 7.2.4. By Form Market Share Analysis
    • 7.2.5. By Distribution Channel Market Share Analysis
    • 7.2.6. By Country Market Share Analysis
      • 7.2.6.1. United States Plant-Based Milk Market Outlook
        • 7.2.6.1.1. Market Size & Forecast
        • 7.2.6.1.1.1. By Value
        • 7.2.6.1.2. Market Share & Forecast
        • 7.2.6.1.2.1. By Type Market Share Analysis
        • 7.2.6.1.2.2. By Category Market Share Analysis
        • 7.2.6.1.2.3. By Packaging Market Share Analysis
        • 7.2.6.1.2.4. By Distribution Channel Market Share Analysis
      • 7.2.6.2. Canada Plant-Based Milk Market Outlook
        • 7.2.6.2.1. Market Size & Forecast
        • 7.2.6.2.1.1. By Value
        • 7.2.6.2.2. Market Share & Forecast
        • 7.2.6.2.2.1. By Type Market Share Analysis
        • 7.2.6.2.2.2. By Category Market Share Analysis
        • 7.2.6.2.2.3. By Packaging Market Share Analysis
        • 7.2.6.2.2.4. By Distribution Channel Market Share Analysis
      • 7.2.6.3. Mexico Plant-Based Milk Market Outlook
        • 7.2.6.3.1. Market Size & Forecast
        • 7.2.6.3.1.1. By Value
        • 7.2.6.3.2. Market Share & Forecast
        • 7.2.6.3.2.1. By Type Market Share Analysis
        • 7.2.6.3.2.2. By Category Market Share Analysis
        • 7.2.6.3.2.3. By Packaging Market Share Analysis
        • 7.2.6.3.2.4. By Distribution Channel Market Share Analysis

8. Europe Plant-Based Milk Market Outlook

  • 8.1. Market Size & Forecast
    • 8.1.1. By Value
  • 8.2. Market Share & Forecast
    • 8.2.1. By Type Market Share Analysis
    • 8.2.2. By Category Market Share Analysis
    • 8.2.3. By Packaging Market Share Analysis
    • 8.2.4. By Distribution Channel Market Share Analysis
    • 8.2.5. By Country Market Share Analysis
      • 8.2.5.1. Germany Plant-Based Milk Market Outlook
        • 8.2.5.1.1. Market Size & Forecast
        • 8.2.5.1.1.1. By Value
        • 8.2.5.1.2. Market Share & Forecast
        • 8.2.5.1.2.1. By Type Market Share Analysis
        • 8.2.5.1.2.2. By Category Market Share Analysis
        • 8.2.5.1.2.3. By Packaging Market Share Analysis
        • 8.2.5.1.2.4. By Distribution Channel Market Share Analysis
      • 8.2.5.2. Spain Plant-Based Milk Market Outlook
        • 8.2.5.2.1. Market Size & Forecast
        • 8.2.5.2.1.1. By Value
        • 8.2.5.2.2. Market Share & Forecast
        • 8.2.5.2.2.1. By Type Market Share Analysis
        • 8.2.5.2.2.2. By Category Market Share Analysis
        • 8.2.5.2.2.3. By Packaging Market Share Analysis
        • 8.2.5.2.2.4. By Distribution Channel Market Share Analysis
      • 8.2.5.3. Italy Plant-Based Milk Market Outlook
        • 8.2.5.3.1. Market Size & Forecast
        • 8.2.5.3.1.1. By Value
        • 8.2.5.3.2. Market Share & Forecast
        • 8.2.5.3.2.1. By Type Market Share Analysis
        • 8.2.5.3.2.2. By Category Market Share Analysis
        • 8.2.5.3.2.3. By Packaging Market Share Analysis
        • 8.2.5.3.2.4. By Distribution Channel Market Share Analysis
      • 8.2.5.4. United Kingdom Plant-Based Milk Market Outlook
        • 8.2.5.4.1. Market Size & Forecast
        • 8.2.5.4.1.1. By Value
        • 8.2.5.4.2. Market Share & Forecast
        • 8.2.5.4.2.1. By Type Market Share Analysis
        • 8.2.5.4.2.2. By Category Market Share Analysis
        • 8.2.5.4.2.3. By Packaging Market Share Analysis
        • 8.2.5.4.2.4. By Distribution Channel Market Share Analysis
      • 8.2.5.5. France Plant-Based Milk Market Outlook
        • 8.2.5.5.1. Market Size & Forecast
        • 8.2.5.5.1.1. By Value
        • 8.2.5.5.2. Market Share & Forecast
        • 8.2.5.5.2.1. By Type Market Share Analysis
        • 8.2.5.5.2.2. By Category Market Share Analysis
        • 8.2.5.5.2.3. By Packaging Market Share Analysis
        • 8.2.5.5.2.4. By Distribution Channel Market Share Analysis

9. South America Plant-Based Milk Market Outlook

  • 9.1. Market Size & Forecast
    • 9.1.1. By Value
  • 9.2. Market Share & Forecast
    • 9.2.1. By Type Market Share Analysis
    • 9.2.2. By Category Market Share Analysis
    • 9.2.3. By Packaging Market Share Analysis
    • 9.2.4. By Distribution Channel Market Share Analysis
    • 9.2.5. By Country Market Share Analysis
      • 9.2.5.1. Brazil Plant-Based Milk Market Outlook
        • 9.2.5.1.1. Market Size & Forecast
        • 9.2.5.1.1.1. By Value
        • 9.2.5.1.2. Market Share & Forecast
        • 9.2.5.1.2.1. By Type Market Share Analysis
        • 9.2.5.1.2.2. By Category Market Share Analysis
        • 9.2.5.1.2.3. By Packaging Market Share Analysis
        • 9.2.5.1.2.4. By Distribution Channel Market Share Analysis
      • 9.2.5.2. Colombia Plant-Based Milk Market Outlook
        • 9.2.5.2.1. Market Size & Forecast
        • 9.2.5.2.1.1. By Value
        • 9.2.5.2.2. Market Share & Forecast
        • 9.2.5.2.2.1. By Type Market Share Analysis
        • 9.2.5.2.2.2. By Category Market Share Analysis
        • 9.2.5.2.2.3. By Packaging Market Share Analysis
        • 9.2.5.2.2.4. By Distribution Channel Market Share Analysis
      • 9.2.5.3. Argentina Plant-Based Milk Market Outlook
        • 9.2.5.3.1. Market Size & Forecast
        • 9.2.5.3.1.1. By Value
        • 9.2.5.3.2. Market Share & Forecast
        • 9.2.5.3.2.1. By Type Market Share Analysis
        • 9.2.5.3.2.2. By Category Market Share Analysis
        • 9.2.5.3.2.3. By Packaging Market Share Analysis
        • 9.2.5.3.2.4. By Distribution Channel Market Share Analysis

10. Middle East and Africa Plant-Based Milk Market Outlook

  • 10.1. Market Size & Forecast
    • 10.1.1. By Value
  • 10.2. Market Share & Forecast
    • 10.2.1. By Type Market Share Analysis
    • 10.2.2. By Category Market Share Analysis
    • 10.2.3. By Packaging Market Share Analysis
    • 10.2.4. By Distribution Channel Market Share Analysis
    • 10.2.5. By Country Market Share Analysis
      • 10.2.5.1. South Africa Plant-Based Milk Market Outlook
        • 10.2.5.1.1. Market Size & Forecast
        • 10.2.5.1.1.1. By Value
        • 10.2.5.1.2. Market Share & Forecast
        • 10.2.5.1.2.1. By Type Market Share Analysis
        • 10.2.5.1.2.2. By Category Market Share Analysis
        • 10.2.5.1.2.3. By Packaging Market Share Analysis
        • 10.2.5.1.2.4. By Distribution Channel Market Share Analysis
      • 10.2.5.2. UAE Plant-Based Milk Market Outlook
        • 10.2.5.2.1. Market Size & Forecast
        • 10.2.5.2.1.1. By Value
        • 10.2.5.2.2. Market Share & Forecast
        • 10.2.5.2.2.1. By Type Market Share Analysis
        • 10.2.5.2.2.2. By Category Market Share Analysis
        • 10.2.5.2.2.3. By Packaging Market Share Analysis
        • 10.2.5.2.2.4. By Distribution Channel Market Share Analysis
      • 10.2.5.3. Turkey Plant-Based Milk Market Outlook
        • 10.2.5.3.1. Market Size & Forecast
        • 10.2.5.3.1.1. By Value
        • 10.2.5.3.2. Market Share & Forecast
        • 10.2.5.3.2.1. By Type Market Share Analysis
        • 10.2.5.3.2.2. By Category Market Share Analysis
        • 10.2.5.3.2.3. By Packaging Market Share Analysis
        • 10.2.5.3.2.4. By Distribution Channel Market Share Analysis
      • 10.2.5.4. Saudi Arabia Plant-Based Milk Market Outlook
        • 10.2.5.4.1. Market Size & Forecast
        • 10.2.5.4.1.1. By Value
        • 10.2.5.4.2. Market Share & Forecast
        • 10.2.5.4.2.1. By Type Market Share Analysis
        • 10.2.5.4.2.2. By Category Market Share Analysis
        • 10.2.5.4.2.3. By Packaging Market Share Analysis
        • 10.2.5.4.2.4. By Distribution Channel Market Share Analysis

11. Market Dynamics

  • 11.1. Drivers
  • 11.2. Challenges

12. Impact of COVID-19 on Global Plant-Based Milk Market

13. Market Trends & Developments

14. Porter's Five Forces Analysis

  • 14.1. Competitive Rivalry
  • 14.2. Bargaining Power of Buyers
  • 14.3. Bargaining Power of Suppliers
  • 14.4. Threat of New Entrants
  • 14.5. Threat of Substitutes

15. Competitive Landscape

    • 15.1.1. Danone S.A.
      • 15.1.1.1. Company Details
      • 15.1.1.2. Products & Services
      • 15.1.1.3. Financials
      • 15.1.1.4. Key Market Focus & Geographical Presence
      • 15.1.1.5. Recent Developments
      • 15.1.1.6. Key Management Personnel
    • 15.1.2. Hebei Yangyuan Zhihui Beverage Co., Ltd.
      • 15.1.2.1. Company Details
      • 15.1.2.2. Products & Services
      • 15.1.2.3. Financials
      • 15.1.2.4. Key Market Focus & Geographical Presence
      • 15.1.2.5. Recent Developments
      • 15.1.2.6. Key Management Personnel
    • 15.1.3. Blue Diamond Growers
      • 15.1.3.1. Company Details
      • 15.1.3.2. Products & Services
      • 15.1.3.3. Financials
      • 15.1.3.4. Key Market Focus & Geographical Presence
      • 15.1.3.5. Recent Developments
      • 15.1.3.6. Key Management Personnel
    • 15.1.4. Coconut Palm Group Co. Ltd.
      • 15.1.4.1. Company Details
      • 15.1.4.2. Products & Services
      • 15.1.4.3. Key Market Focus & Geographical Presence
      • 15.1.4.4. Recent Developments
      • 15.1.4.5. Key Management Personnel
    • 15.1.5. Oatly Group AB
      • 15.1.5.1. Company Details
      • 15.1.5.2. Products & Services
      • 15.1.5.3. Financials
      • 15.1.5.4. Key Market Focus & Geographical Presence
      • 15.1.5.5. Recent Developments
      • 15.1.5.6. Key Management Personnel
    • 15.1.6. Califia Farms, LLC
      • 15.1.6.1. Company Details
      • 15.1.6.2. Products & Services
      • 15.1.6.3. Key Market Focus & Geographical Presence
      • 15.1.6.4. Recent Developments
      • 15.1.6.5. Key Management Personnel
    • 15.1.7. Earth's Own Food Company Inc.
      • 15.1.7.1. Company Details
      • 15.1.7.2. Products & Services
      • 15.1.7.3. Key Market Focus & Geographical Presence
      • 15.1.7.4. Recent Developments
      • 15.1.7.5. Key Management Personnel
    • 15.1.8. The Hain Celestial Group, Inc.
      • 15.1.8.1. Company Details
      • 15.1.8.2. Products & Services
      • 15.1.8.3. Financials
      • 15.1.8.4. Key Market Focus & Geographical Presence
      • 15.1.8.5. Recent Developments
      • 15.1.8.6. Key Management Personnel
    • 15.1.9. SunOpta, Inc.
      • 15.1.9.1. Company Details
      • 15.1.9.2. Products & Services
      • 15.1.9.3. Financials
      • 15.1.9.4. Key Market Focus & Geographical Presence
      • 15.1.9.5. Recent Developments
      • 15.1.9.6. Key Management Personnel
    • 15.1.10. Ripple Foods PBC
      • 15.1.10.1. Company Details
      • 15.1.10.2. Products & Services
      • 15.1.10.3. Key Market Focus & Geographical Presence
      • 15.1.10.4. Recent Developments
      • 15.1.10.5. Key Management Personnel
    • 15.1.11. Australian Health and Nutrition Association Ltd
      • 15.1.11.1. Company Details
      • 15.1.11.2. Products & Services
      • 15.1.11.3. Key Market Focus & Geographical Presence
      • 15.1.11.4. Recent Developments
      • 15.1.11.5. Key Management Personnel

16. Strategic Recommendations/Action Plan

17. About Us & Disclaimer

List of Figures

  • Figure 1: Global Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 2: Global Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 3: Global Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 4: Global Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 5: Global Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 6: Global Plant-Based Milk Market Share, By Region, By Value, 2022 & 2028F
  • Figure 7: Global Plant-Based Milk Market Share, By Company, By Value, 2022
  • Figure 8: Global Plant-Based Milk Market Map, By Type, Market Size (USD Million) & Growth Rate (%), 2022
  • Figure 9: Global Plant-Based Milk Market Map, By Category, Market Size (USD Million) & Growth Rate (%), 2022
  • Figure 10: Global Plant-Based Milk Market Map, By Packaging, Market Size (USD Million) & Growth Rate (%), 2022
  • Figure 11: Global Plant-Based Milk Market Map, By Distribution Channel, Market Size (USD Million) & Growth Rate (%), 2022
  • Figure 12: Global Plant-Based Milk Market Map, By Region, Market Size (USD Million) & Growth Rate (%), 2022
  • Figure 13: Asia-Pacific Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 14: Asia-Pacific Country-wise Population, 2022 (Million)
  • Figure 15: Asia-Pacific Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 16: Asia-Pacific Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 17: Asia-Pacific Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 18: Asia-Pacific Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 19: Asia-Pacific Plant-Based Milk Market Share, By Country, By Value, 2018-2028F
  • Figure 20: China Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 21: China Population, 2018-2022 (Million)
  • Figure 22: China Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 23: China Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 24: China Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 25: China Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 26: Japan Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 27: Japan Population, 2018-2022 (Million)
  • Figure 28: Japan Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 29: Japan Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 30: Japan Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 31: Japan Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 32: South Korea Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 33: South Korea Population, 2018-2022 (Million)
  • Figure 34: South Korea Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 35: South Korea Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 36: South Korea Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 37: South Korea Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 38: Australia Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 39: Australia Population, 2018-2022 (Million)
  • Figure 40: Australia Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 41: Australia Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 42: Australia Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 43: Australia Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 44: India Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 45: India Population, 2018-2022 (Million)
  • Figure 46: India Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 47: India Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 48: India Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 49: India Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 50: North America Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 51: North America Population (Million), By Country, (2022)
  • Figure 52: North America Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 53: North America Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 54: North America Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 55: North America Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 56: North America Plant-Based Milk Market Share, By Country, By Value, 2018-2028F
  • Figure 57: United States Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 58: United States Population, 2018-2022 (Million)
  • Figure 59: United States Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 60: United States Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 61: United States Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 62: United States Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 63: Canada Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 64: Canada Population, 2018-2022 (Million)
  • Figure 65: Canada Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 66: Canada Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 67: Canada Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 68: Canada Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 69: Mexico Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 70: Mexico Population, 2018-2022 (Million)
  • Figure 71: Mexico Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 72: Mexico Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 73: Mexico Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 74: Mexico Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 75: Europe Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 76: Europe Population, 2018-2022 (Million)
  • Figure 77: Europe Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 78: Europe Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 79: Europe Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 80: Europe Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 81: Europe Plant-Based Milk Market Share, By Country, By Value, 2018-2028F
  • Figure 82: Germany Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 83: Germany Population, 2018-2022 (Million)
  • Figure 84: Germany Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 85: Germany Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 86: Germany Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 87: Germany Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 88: Spain Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 89: Spain Population, 2018-2022 (Million)
  • Figure 90: Spain Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 91: Spain Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 92: Spain Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 93: Spain Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 94: Italy Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 95: Italy Population, 2018-2022 (Million)
  • Figure 96: Italy Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 97: Italy Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 98: Italy Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 99: Italy Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 100: United Kingdom Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 101: United Kingdom Population, 2018-2022 (Million)
  • Figure 102: United Kingdom Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 103: United Kingdom Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 104: United Kingdom Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 105: United Kingdom Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 106: France Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 107: France Population, 2018-2022 (Million)
  • Figure 108: France Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 109: France Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 110: France Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 111: France Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 112: South America Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 113: South America Population (Million), By Country, 2022
  • Figure 114: South America Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 115: South America Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 116: South America Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 117: South America Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 118: South America Plant-Based Milk Market Share, By Country, By Value, 2018-2028F
  • Figure 119: Brazil Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 120: Brazil Population, 2018-2022 (Million)
  • Figure 121: Brazil Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 122: Brazil Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 123: Brazil Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 124: Brazil Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 125: Colombia Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 126: Colombia Population, 2018-2022 (Million)
  • Figure 127: Colombia Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 128: Colombia Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 129: Colombia Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 130: Colombia Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 131: Argentina Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 132: Argentina Population, 2018-2022 (Million)
  • Figure 133: Argentina Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 134: Argentina Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 135: Argentina Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 136: Argentina Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 137: Middle East & Africa Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 138: Middle East & North Africa Population, 2018-2022 (Million)
  • Figure 139: Middle East & Africa Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 140: Middle East & Africa Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 141: Middle East & Africa Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 142: Middle East & Africa Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 143: Middle East & Africa Plant-Based Milk Market Share, By Country, By Value, 2018-2028F
  • Figure 144: South Africa Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 145: South Africa Population, 2018-2022 (Million)
  • Figure 146: South Africa Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 147: South Africa Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 148: South Africa Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 149: South Africa Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 150: UAE Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 151: UAE Population, 2018-2022 (Million)
  • Figure 152: UAE Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 153: UAE Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 154: UAE Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 155: UAE Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 156: Turkey Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 157: Turkey Population, 2018-2022 (Million)
  • Figure 158: Turkey Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 159: Turkey Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 160: Turkey Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 161: Turkey Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F
  • Figure 162: Saudi Arabia Plant-Based Milk Market Size, By Value (USD Million), 2018-2028F
  • Figure 163: Saudi Arabia Population, 2018-2022 (Million)
  • Figure 164: Saudi Arabia Plant-Based Milk Market Share, By Type, By Value, 2018-2028F
  • Figure 165: Saudi Arabia Plant-Based Milk Market Share, By Category, By Value, 2018-2028F
  • Figure 166: Saudi Arabia Plant-Based Milk Market Share, By Packaging, By Value, 2018-2028F
  • Figure 167: Saudi Arabia Plant-Based Milk Market Share, By Distribution Channel, By Value, 2018-2028F