The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Plant-based Dairy Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.

Plant-based Dairy Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,

According to the latest report, Plant-based Dairy Market size is estimated to grow at a CAGR of around 9.1% during the forecast period, i.e., 2024-30.  The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.

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What is Included in Plant-based Dairy Market Segmentation?

The report has segmented the market into the following categories:

By Product Type- Market Size & Forecast 2019-2030, USD Million

1. Plant-based Milk

   1. Soy Drinks

   2. Almond

   3. Coconut

   4. Oat

   5. Rice

   6. Others (Blends, etc.)

2. Plant-based Yoghurt

3. Plant-based Cheese

4. Others

By End Users- Market Size & Forecast 2019-2030, USD Million

1. B2B

   1. HoReCa

   2. Snacks & Savoury

   3. Bakery & Confectionary

2. Food Service

   1. HoReCa

3. Retail Users

By Sales Channel- Market Size & Forecast 2019-2030, USD Million

1. Supermarkets

2. Hypermarkets

3. Local Grocery Stores

4. Online

5. Others

By Ingredients- Market Size & Forecast 2019-2030, USD Million

1. Plant-based Acidulants

2. Plant-based Botanicals

3. Plant-based Carotenoids

4. Vegetable Oils

5. Polysaccharides & Oligosaccharides    

6. Plant-based Sweeteners

7. Other Commodities (Water, Cereals, Juices, etc.)

By Region

1. North America

2. South America

3. Europe

4. The Middle East & Africa

5. Asia-Pacific

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Key Factor Driver Plant-based Dairy Industry Growth by 2030

Cholesterol-free & Fat-free Properties to Propel Plant-based Dairy Products’ Demand – The rise in various lifestyle-related diseases, such as obesity, heart disease, diabetes, etc., has reached epidemic proportions in many parts of the world. These health issues, along with the threat of new & emerging diseases have driven people to be more proactive about their health. Moreover, a significant portion of the global population is suffering from one or another disease, driving consumers to adopt healthier lifestyles. For Instance,

Who are the Key Players Operating in the Plant-based Dairy Industry?

The top companies of the Plant-based Dairy market ruling the industry are: 

1. Hebei Yangyuan Zhihui Beverage Co Ltd

2. Cereal Base CEBA AB

3. Coconut Palm Group Co Ltd

4. Blue Diamond Growers

5. Vitasoy International Holdings Ltd

6. Wanxiang Sannong Co Ltd

7. The Coca-Cola Co.

8. Fujian Dali Food Co Ltd

9. Kikkoman Corp

10. Lactasoy Co Ltd

11. Califia Farms LP

12. Green Spot Co Ltd

13. Dr Chung's Food Co Ltd

14. Marusanai Co Ltd

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FAQs (Frequently Ask Questions)

1. What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?

2. What are the trends influencing the current scenario of the Plant-based Dairy Market?

3. What are the key factors that would propel and hinder the industry?

4. Which geographical area dominates the Plant-based Dairy industry?

5. Which is the Leading segment in the market?

About US:

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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