Global Plant Milk Market Overview
Global Plant Milk Market was valued at USD 13.79 Billion in 2021 and is expected to reach USD 32.25 Billion by the year 2028, at a CAGR of 11.2% .
Plant milk refers to the liquid which is extracted through the plant in the form of juice that resemble the color of milk and have flavor, aroma used in food and beverage industry. In addition, plant milk is also called as plant-based liquid, alternative milk, nut milk, mock milk and vegan milk. Furthermore, plant milk is used in food and beverage industry as milk substitute to meet increasing demand for vegan food among the people, therefore plant-based milk is gaining popularity which triggered the market growth over forecast period.
Plant based milk is affordable, convenient, desirable, nutrition, and sustainable for the consumer which boost the plant milk market. Moreover, hot trend of plant-based milk in market and now amid pandemic, new R&D and a significantly popular newer entrant in the market, plant-based dairy is on fire. According to SPINS statistics, rising at 75.3% sales growth in week of March, 2020 and 58% total growth in month of March 2020.
Market Dynamics And Factor
Drivers:
Plant based milk have several health benefits as compared to dairy milk and increases the usage plant milk in food and beverage industry to make products also used in hotels which leads to growth of the market during forecast period.
Changing the lifestyle and peoples are shifted towards vegan food, growing diabetic population, rising urbanization, and innovation in beverages industry are the key factors stimulate the market growth in projected period. An increasing incidences of lactose tolerance among people across the globe, rising the milk allergies cases for children, dietary restrictions, potential health risk leads to add up market growth.
Restraints:
Allergies associated with plant-based milk such as soy and almond, although soybeans are rich in nutrient and presence of anti-nutritional content in soy may cause allergies and volatile prices of raw materials are key factors affects the market growth.
Opportunities:
An increasing demand for organic food and beverages, vegan food, clean labelling for food and beverages have been attracting consumer globally, resulting in demand for organic and plant-based product and milk. Furthermore, it is necessary to spread awareness about the plant-based milk in developing nations, R&D for the new innovation, specialty and safe milk product for infants and children is expected to growth in upcoming years.
Market Segmentation
Regional Analysis:
Asia pacific dominates the plant milk market, owing to availability of raw material, an increasing demand for lactose free milk, high population and preference for veganism. In addition, rising the awareness about organic and plant-based food also helps to growth in this region after pandemic.
Growing the veganism people, changing eating habits and fast paced lifestyles in North America and Europe region is estimated to grow in forecast period. An increasing the awareness about organic food in Latin America it is expected to grow in upcoming years. In Middle East and Africa, there are still lack of awareness about milk substitutes also low disposal of incomes affects the market growth.
Players Covered in Plant Milk Market are:
- Pacific Foods and Oregon
- SunOpta
- Earths Danone
- Hain Celestial
- Vitasoy
- Freedom Nutritional Products
- McCormick and Company
- Goya Foods
- Blue Diamonds Growers
- Chefs Choice Foods Co. Ltd.
- Oishi
- Earth’s Own Food Company
- Oatly AB
- Califia Farms
- Ripple Foods
- Elmhurst Milked Direct LLC And Other Major Players.
Key Industry Developments
- In November 2020, SunOpta declared its investment into Minnesota based oat processing unit with around USD 26 million. This will help to meet the growing demand for oat milk in the US. The Minnesota unit would produce an oat base milk, ice-cream, and yogurts.
- In October 2019, Blue Diamond Growers added its Breeze products with leading Latin American beverage, Almond Breeze Almond Milk Mexican Chocolate. The new product is best option for consumer for dairy product substitutes.
Global Plant Milk Market |
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Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 13.79 Bn. |
Forecast Period 2022-28 CAGR: |
11.2% |
Market Size in 2028: |
USD 32.25 Bn. |
Segments Covered: |
By Type |
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By Application |
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By Nature |
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By Distribution Channels |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Application
3.3 By Nature
3.4 By Distribution Channels
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Plant Milk Market by Type
5.1 Plant Milk Market Overview Snapshot and Growth Engine
5.2 Plant Milk Market Overview
5.3 Coconut
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Coconut: Grographic Segmentation
5.4 Soy
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Soy: Grographic Segmentation
5.5 Almond
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Almond: Grographic Segmentation
5.6 Rice
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2016-2028F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Rice: Grographic Segmentation
5.7 Oat
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size (2016-2028F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Oat: Grographic Segmentation
5.8 Others
5.8.1 Introduction and Market Overview
5.8.2 Historic and Forecasted Market Size (2016-2028F)
5.8.3 Key Market Trends, Growth Factors and Opportunities
5.8.4 Others: Grographic Segmentation
Chapter 6: Plant Milk Market by Application
6.1 Plant Milk Market Overview Snapshot and Growth Engine
6.2 Plant Milk Market Overview
6.3 Food & Beverage Industry
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Food & Beverage Industry: Grographic Segmentation
6.4 Household
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Household: Grographic Segmentation
6.5 Hotels & Restaurants
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Hotels & Restaurants: Grographic Segmentation
6.6 Others
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size (2016-2028F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Others: Grographic Segmentation
Chapter 7: Plant Milk Market by Nature
7.1 Plant Milk Market Overview Snapshot and Growth Engine
7.2 Plant Milk Market Overview
7.3 Organic
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2016-2028F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Organic: Grographic Segmentation
7.4 Conventional
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2016-2028F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Conventional: Grographic Segmentation
7.5 Others
7.5.1 Introduction and Market Overview
7.5.2 Historic and Forecasted Market Size (2016-2028F)
7.5.3 Key Market Trends, Growth Factors and Opportunities
7.5.4 Others: Grographic Segmentation
Chapter 8: Plant Milk Market by Distribution Channels
8.1 Plant Milk Market Overview Snapshot and Growth Engine
8.2 Plant Milk Market Overview
8.3 Specialty Store
8.3.1 Introduction and Market Overview
8.3.2 Historic and Forecasted Market Size (2016-2028F)
8.3.3 Key Market Trends, Growth Factors and Opportunities
8.3.4 Specialty Store: Grographic Segmentation
8.4 Supermarket/Hypermarket
8.4.1 Introduction and Market Overview
8.4.2 Historic and Forecasted Market Size (2016-2028F)
8.4.3 Key Market Trends, Growth Factors and Opportunities
8.4.4 Supermarket/Hypermarket: Grographic Segmentation
8.5 Online
8.5.1 Introduction and Market Overview
8.5.2 Historic and Forecasted Market Size (2016-2028F)
8.5.3 Key Market Trends, Growth Factors and Opportunities
8.5.4 Online: Grographic Segmentation
8.6 Others
8.6.1 Introduction and Market Overview
8.6.2 Historic and Forecasted Market Size (2016-2028F)
8.6.3 Key Market Trends, Growth Factors and Opportunities
8.6.4 Others: Grographic Segmentation
Chapter 9: Company Profiles and Competitive Analysis
9.1 Competitive Landscape
9.1.1 Competitive Positioning
9.1.2 Plant Milk Sales and Market Share By Players
9.1.3 Industry BCG Matrix
9.1.4 Ansoff Matrix
9.1.5 Plant Milk Industry Concentration Ratio (CR5 and HHI)
9.1.6 Top 5 Plant Milk Players Market Share
9.1.7 Mergers and Acquisitions
9.1.8 Business Strategies By Top Players
9.2 PACIFIC FOODS AND OREGON
9.2.1 Company Overview
9.2.2 Key Executives
9.2.3 Company Snapshot
9.2.4 Operating Business Segments
9.2.5 Product Portfolio
9.2.6 Business Performance
9.2.7 Key Strategic Moves and Recent Developments
9.2.8 SWOT Analysis
9.3 SUNOPTA
9.4 EARTHS DANONE
9.5 HAIN CELESTIAL
9.6 VITASOY
9.7 FREEDOM NUTRITIONAL PRODUCTS
9.8 MCCORMICK AND COMPANY
9.9 GOYA FOODS
9.10 BLUE DIAMONDS GROWERS
9.11 CHEFS CHOICE FOODS CO. LTD.
9.12 OISHI
9.13 EARTH’S OWN FOOD COMPANY
9.14 OATLY AB
9.15 CALIFIA FARMS
9.16 RIPPLE FOODS
9.17 ELMHURST MILKED DIRECT LLC
9.18 OTHER MAJOR PLAYERS
Chapter 10: Global Plant Milk Market Analysis, Insights and Forecast, 2016-2028
10.1 Market Overview
10.2 Historic and Forecasted Market Size By Type
10.2.1 Coconut
10.2.2 Soy
10.2.3 Almond
10.2.4 Rice
10.2.5 Oat
10.2.6 Others
10.3 Historic and Forecasted Market Size By Application
10.3.1 Food & Beverage Industry
10.3.2 Household
10.3.3 Hotels & Restaurants
10.3.4 Others
10.4 Historic and Forecasted Market Size By Nature
10.4.1 Organic
10.4.2 Conventional
10.4.3 Others
10.5 Historic and Forecasted Market Size By Distribution Channels
10.5.1 Specialty Store
10.5.2 Supermarket/Hypermarket
10.5.3 Online
10.5.4 Others
Chapter 11: North America Plant Milk Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Type
11.4.1 Coconut
11.4.2 Soy
11.4.3 Almond
11.4.4 Rice
11.4.5 Oat
11.4.6 Others
11.5 Historic and Forecasted Market Size By Application
11.5.1 Food & Beverage Industry
11.5.2 Household
11.5.3 Hotels & Restaurants
11.5.4 Others
11.6 Historic and Forecasted Market Size By Nature
11.6.1 Organic
11.6.2 Conventional
11.6.3 Others
11.7 Historic and Forecasted Market Size By Distribution Channels
11.7.1 Specialty Store
11.7.2 Supermarket/Hypermarket
11.7.3 Online
11.7.4 Others
11.8 Historic and Forecast Market Size by Country
11.8.1 U.S.
11.8.2 Canada
11.8.3 Mexico
Chapter 12: Europe Plant Milk Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Coconut
12.4.2 Soy
12.4.3 Almond
12.4.4 Rice
12.4.5 Oat
12.4.6 Others
12.5 Historic and Forecasted Market Size By Application
12.5.1 Food & Beverage Industry
12.5.2 Household
12.5.3 Hotels & Restaurants
12.5.4 Others
12.6 Historic and Forecasted Market Size By Nature
12.6.1 Organic
12.6.2 Conventional
12.6.3 Others
12.7 Historic and Forecasted Market Size By Distribution Channels
12.7.1 Specialty Store
12.7.2 Supermarket/Hypermarket
12.7.3 Online
12.7.4 Others
12.8 Historic and Forecast Market Size by Country
12.8.1 Germany
12.8.2 U.K.
12.8.3 France
12.8.4 Italy
12.8.5 Russia
12.8.6 Spain
12.8.7 Rest of Europe
Chapter 13: Asia-Pacific Plant Milk Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Coconut
13.4.2 Soy
13.4.3 Almond
13.4.4 Rice
13.4.5 Oat
13.4.6 Others
13.5 Historic and Forecasted Market Size By Application
13.5.1 Food & Beverage Industry
13.5.2 Household
13.5.3 Hotels & Restaurants
13.5.4 Others
13.6 Historic and Forecasted Market Size By Nature
13.6.1 Organic
13.6.2 Conventional
13.6.3 Others
13.7 Historic and Forecasted Market Size By Distribution Channels
13.7.1 Specialty Store
13.7.2 Supermarket/Hypermarket
13.7.3 Online
13.7.4 Others
13.8 Historic and Forecast Market Size by Country
13.8.1 China
13.8.2 India
13.8.3 Japan
13.8.4 Singapore
13.8.5 Australia
13.8.6 New Zealand
13.8.7 Rest of APAC
Chapter 14: Middle East & Africa Plant Milk Market Analysis, Insights and Forecast, 2016-2028
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Type
14.4.1 Coconut
14.4.2 Soy
14.4.3 Almond
14.4.4 Rice
14.4.5 Oat
14.4.6 Others
14.5 Historic and Forecasted Market Size By Application
14.5.1 Food & Beverage Industry
14.5.2 Household
14.5.3 Hotels & Restaurants
14.5.4 Others
14.6 Historic and Forecasted Market Size By Nature
14.6.1 Organic
14.6.2 Conventional
14.6.3 Others
14.7 Historic and Forecasted Market Size By Distribution Channels
14.7.1 Specialty Store
14.7.2 Supermarket/Hypermarket
14.7.3 Online
14.7.4 Others
14.8 Historic and Forecast Market Size by Country
14.8.1 Turkey
14.8.2 Saudi Arabia
14.8.3 Iran
14.8.4 UAE
14.8.5 Africa
14.8.6 Rest of MEA
Chapter 15: South America Plant Milk Market Analysis, Insights and Forecast, 2016-2028
15.1 Key Market Trends, Growth Factors and Opportunities
15.2 Impact of Covid-19
15.3 Key Players
15.4 Key Market Trends, Growth Factors and Opportunities
15.4 Historic and Forecasted Market Size By Type
15.4.1 Coconut
15.4.2 Soy
15.4.3 Almond
15.4.4 Rice
15.4.5 Oat
15.4.6 Others
15.5 Historic and Forecasted Market Size By Application
15.5.1 Food & Beverage Industry
15.5.2 Household
15.5.3 Hotels & Restaurants
15.5.4 Others
15.6 Historic and Forecasted Market Size By Nature
15.6.1 Organic
15.6.2 Conventional
15.6.3 Others
15.7 Historic and Forecasted Market Size By Distribution Channels
15.7.1 Specialty Store
15.7.2 Supermarket/Hypermarket
15.7.3 Online
15.7.4 Others
15.8 Historic and Forecast Market Size by Country
15.8.1 Brazil
15.8.2 Argentina
15.8.3 Rest of SA
Chapter 16 Investment Analysis
Chapter 17 Analyst Viewpoint and Conclusion
Global Plant Milk Market |
|||
Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 13.79 Bn. |
Forecast Period 2022-28 CAGR: |
11.2% |
Market Size in 2028: |
USD 32.25 Bn. |
Segments Covered: |
By Type |
|
|
By Application |
|
||
By Nature |
|
||
By Distribution Channels |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. PLANT MILK MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. PLANT MILK MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. PLANT MILK MARKET COMPETITIVE RIVALRY
TABLE 005. PLANT MILK MARKET THREAT OF NEW ENTRANTS
TABLE 006. PLANT MILK MARKET THREAT OF SUBSTITUTES
TABLE 007. PLANT MILK MARKET BY TYPE
TABLE 008. COCONUT MARKET OVERVIEW (2016-2028)
TABLE 009. SOY MARKET OVERVIEW (2016-2028)
TABLE 010. ALMOND MARKET OVERVIEW (2016-2028)
TABLE 011. RICE MARKET OVERVIEW (2016-2028)
TABLE 012. OAT MARKET OVERVIEW (2016-2028)
TABLE 013. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 014. PLANT MILK MARKET BY APPLICATION
TABLE 015. FOOD & BEVERAGE INDUSTRY MARKET OVERVIEW (2016-2028)
TABLE 016. HOUSEHOLD MARKET OVERVIEW (2016-2028)
TABLE 017. HOTELS & RESTAURANTS MARKET OVERVIEW (2016-2028)
TABLE 018. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 019. PLANT MILK MARKET BY NATURE
TABLE 020. ORGANIC MARKET OVERVIEW (2016-2028)
TABLE 021. CONVENTIONAL MARKET OVERVIEW (2016-2028)
TABLE 022. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 023. PLANT MILK MARKET BY DISTRIBUTION CHANNELS
TABLE 024. SPECIALTY STORE MARKET OVERVIEW (2016-2028)
TABLE 025. SUPERMARKET/HYPERMARKET MARKET OVERVIEW (2016-2028)
TABLE 026. ONLINE MARKET OVERVIEW (2016-2028)
TABLE 027. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 028. NORTH AMERICA PLANT MILK MARKET, BY TYPE (2016-2028)
TABLE 029. NORTH AMERICA PLANT MILK MARKET, BY APPLICATION (2016-2028)
TABLE 030. NORTH AMERICA PLANT MILK MARKET, BY NATURE (2016-2028)
TABLE 031. NORTH AMERICA PLANT MILK MARKET, BY DISTRIBUTION CHANNELS (2016-2028)
TABLE 032. N PLANT MILK MARKET, BY COUNTRY (2016-2028)
TABLE 033. EUROPE PLANT MILK MARKET, BY TYPE (2016-2028)
TABLE 034. EUROPE PLANT MILK MARKET, BY APPLICATION (2016-2028)
TABLE 035. EUROPE PLANT MILK MARKET, BY NATURE (2016-2028)
TABLE 036. EUROPE PLANT MILK MARKET, BY DISTRIBUTION CHANNELS (2016-2028)
TABLE 037. PLANT MILK MARKET, BY COUNTRY (2016-2028)
TABLE 038. ASIA PACIFIC PLANT MILK MARKET, BY TYPE (2016-2028)
TABLE 039. ASIA PACIFIC PLANT MILK MARKET, BY APPLICATION (2016-2028)
TABLE 040. ASIA PACIFIC PLANT MILK MARKET, BY NATURE (2016-2028)
TABLE 041. ASIA PACIFIC PLANT MILK MARKET, BY DISTRIBUTION CHANNELS (2016-2028)
TABLE 042. PLANT MILK MARKET, BY COUNTRY (2016-2028)
TABLE 043. MIDDLE EAST & AFRICA PLANT MILK MARKET, BY TYPE (2016-2028)
TABLE 044. MIDDLE EAST & AFRICA PLANT MILK MARKET, BY APPLICATION (2016-2028)
TABLE 045. MIDDLE EAST & AFRICA PLANT MILK MARKET, BY NATURE (2016-2028)
TABLE 046. MIDDLE EAST & AFRICA PLANT MILK MARKET, BY DISTRIBUTION CHANNELS (2016-2028)
TABLE 047. PLANT MILK MARKET, BY COUNTRY (2016-2028)
TABLE 048. SOUTH AMERICA PLANT MILK MARKET, BY TYPE (2016-2028)
TABLE 049. SOUTH AMERICA PLANT MILK MARKET, BY APPLICATION (2016-2028)
TABLE 050. SOUTH AMERICA PLANT MILK MARKET, BY NATURE (2016-2028)
TABLE 051. SOUTH AMERICA PLANT MILK MARKET, BY DISTRIBUTION CHANNELS (2016-2028)
TABLE 052. PLANT MILK MARKET, BY COUNTRY (2016-2028)
TABLE 053. PACIFIC FOODS AND OREGON: SNAPSHOT
TABLE 054. PACIFIC FOODS AND OREGON: BUSINESS PERFORMANCE
TABLE 055. PACIFIC FOODS AND OREGON: PRODUCT PORTFOLIO
TABLE 056. PACIFIC FOODS AND OREGON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. SUNOPTA: SNAPSHOT
TABLE 057. SUNOPTA: BUSINESS PERFORMANCE
TABLE 058. SUNOPTA: PRODUCT PORTFOLIO
TABLE 059. SUNOPTA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. EARTHS DANONE: SNAPSHOT
TABLE 060. EARTHS DANONE: BUSINESS PERFORMANCE
TABLE 061. EARTHS DANONE: PRODUCT PORTFOLIO
TABLE 062. EARTHS DANONE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. HAIN CELESTIAL: SNAPSHOT
TABLE 063. HAIN CELESTIAL: BUSINESS PERFORMANCE
TABLE 064. HAIN CELESTIAL: PRODUCT PORTFOLIO
TABLE 065. HAIN CELESTIAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. VITASOY: SNAPSHOT
TABLE 066. VITASOY: BUSINESS PERFORMANCE
TABLE 067. VITASOY: PRODUCT PORTFOLIO
TABLE 068. VITASOY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. FREEDOM NUTRITIONAL PRODUCTS: SNAPSHOT
TABLE 069. FREEDOM NUTRITIONAL PRODUCTS: BUSINESS PERFORMANCE
TABLE 070. FREEDOM NUTRITIONAL PRODUCTS: PRODUCT PORTFOLIO
TABLE 071. FREEDOM NUTRITIONAL PRODUCTS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 071. MCCORMICK AND COMPANY: SNAPSHOT
TABLE 072. MCCORMICK AND COMPANY: BUSINESS PERFORMANCE
TABLE 073. MCCORMICK AND COMPANY: PRODUCT PORTFOLIO
TABLE 074. MCCORMICK AND COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 074. GOYA FOODS: SNAPSHOT
TABLE 075. GOYA FOODS: BUSINESS PERFORMANCE
TABLE 076. GOYA FOODS: PRODUCT PORTFOLIO
TABLE 077. GOYA FOODS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 077. BLUE DIAMONDS GROWERS: SNAPSHOT
TABLE 078. BLUE DIAMONDS GROWERS: BUSINESS PERFORMANCE
TABLE 079. BLUE DIAMONDS GROWERS: PRODUCT PORTFOLIO
TABLE 080. BLUE DIAMONDS GROWERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 080. CHEFS CHOICE FOODS CO. LTD.: SNAPSHOT
TABLE 081. CHEFS CHOICE FOODS CO. LTD.: BUSINESS PERFORMANCE
TABLE 082. CHEFS CHOICE FOODS CO. LTD.: PRODUCT PORTFOLIO
TABLE 083. CHEFS CHOICE FOODS CO. LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 083. OISHI: SNAPSHOT
TABLE 084. OISHI: BUSINESS PERFORMANCE
TABLE 085. OISHI: PRODUCT PORTFOLIO
TABLE 086. OISHI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 086. EARTH’S OWN FOOD COMPANY: SNAPSHOT
TABLE 087. EARTH’S OWN FOOD COMPANY: BUSINESS PERFORMANCE
TABLE 088. EARTH’S OWN FOOD COMPANY: PRODUCT PORTFOLIO
TABLE 089. EARTH’S OWN FOOD COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 089. OATLY AB: SNAPSHOT
TABLE 090. OATLY AB: BUSINESS PERFORMANCE
TABLE 091. OATLY AB: PRODUCT PORTFOLIO
TABLE 092. OATLY AB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 092. CALIFIA FARMS: SNAPSHOT
TABLE 093. CALIFIA FARMS: BUSINESS PERFORMANCE
TABLE 094. CALIFIA FARMS: PRODUCT PORTFOLIO
TABLE 095. CALIFIA FARMS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 095. RIPPLE FOODS: SNAPSHOT
TABLE 096. RIPPLE FOODS: BUSINESS PERFORMANCE
TABLE 097. RIPPLE FOODS: PRODUCT PORTFOLIO
TABLE 098. RIPPLE FOODS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 098. ELMHURST MILKED DIRECT LLC: SNAPSHOT
TABLE 099. ELMHURST MILKED DIRECT LLC: BUSINESS PERFORMANCE
TABLE 100. ELMHURST MILKED DIRECT LLC: PRODUCT PORTFOLIO
TABLE 101. ELMHURST MILKED DIRECT LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 101. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 102. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 103. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 104. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. PLANT MILK MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. PLANT MILK MARKET OVERVIEW BY TYPE
FIGURE 012. COCONUT MARKET OVERVIEW (2016-2028)
FIGURE 013. SOY MARKET OVERVIEW (2016-2028)
FIGURE 014. ALMOND MARKET OVERVIEW (2016-2028)
FIGURE 015. RICE MARKET OVERVIEW (2016-2028)
FIGURE 016. OAT MARKET OVERVIEW (2016-2028)
FIGURE 017. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 018. PLANT MILK MARKET OVERVIEW BY APPLICATION
FIGURE 019. FOOD & BEVERAGE INDUSTRY MARKET OVERVIEW (2016-2028)
FIGURE 020. HOUSEHOLD MARKET OVERVIEW (2016-2028)
FIGURE 021. HOTELS & RESTAURANTS MARKET OVERVIEW (2016-2028)
FIGURE 022. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 023. PLANT MILK MARKET OVERVIEW BY NATURE
FIGURE 024. ORGANIC MARKET OVERVIEW (2016-2028)
FIGURE 025. CONVENTIONAL MARKET OVERVIEW (2016-2028)
FIGURE 026. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 027. PLANT MILK MARKET OVERVIEW BY DISTRIBUTION CHANNELS
FIGURE 028. SPECIALTY STORE MARKET OVERVIEW (2016-2028)
FIGURE 029. SUPERMARKET/HYPERMARKET MARKET OVERVIEW (2016-2028)
FIGURE 030. ONLINE MARKET OVERVIEW (2016-2028)
FIGURE 031. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 032. NORTH AMERICA PLANT MILK MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 033. EUROPE PLANT MILK MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 034. ASIA PACIFIC PLANT MILK MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 035. MIDDLE EAST & AFRICA PLANT MILK MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 036. SOUTH AMERICA PLANT MILK MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Plant Milk Market research report is 2022-2028.
Pacific Foods and Oregon, SunOpta, Earths Danone, Hain Celestial, Vitasoy, Freedom Nutritional Products, McCormick and Company, Goya Foods, Blue Diamonds Growers, Chefs Choice Foods Co. Ltd., Oishi, Earth’s Own Food Company, Oatly AB, Califia Farms, Ripple Foods, Elmhurst Milked Direct LLC, and Other Major Players.
Plant Milk Market is segmented into Type, Application, Nature, Distribution Channels and region. By Type, the market is categorized into Coconut, Soy, Almond, Rice, Oat, Others. By Application, the market is categorized into Food & Beverage Industry, Household, Hotels and Restaurants, Others. By Nature the market is categorized into Organic, Conventional, Others. By Distribution Channel, the market is categorized into Specialty Store, Supermarket/Hypermarket, Online, Others. By region, it is analysed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Plant milk refers to the liquid which is extracted through the plant in the form of juice that resembles the color of milk and have flavor, aroma used in food and beverage industry. In addition, plant milk is also called as plant-based liquid, alternative milk, nut milk, mock milk and vegan milk.
Global Plant Milk Market was valued at USD 13.79 Billion in 2021 and is expected to reach USD 32.25 Billion by the year 2028, at a CAGR of 11.2%