The Global Plant-Based Dairy Products Market size was valued at around USD 20 billion in 2024 and is projected to reach USD 34 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 9% during the forecast period 2025-30.
Global Plant-Based Dairy Products Market Trend:
Burgeoning Demand for Lactose-Free Products – Globally, 68% of the total population is affected by lactose malabsorption. In various regions of Africa and Asia, most people suffer from lactose intolerance, thus creating a heavy requirement for lactose-free products, ultimately driving the market growth. 36% of the United States population is affected by the problem of lactose intolerance. It has the highest prevalence rates in Asia, Africa, and Latin America regions creating most of the market demand. This awareness drives consumers to increasingly look to plant-based dairy alternatives which tend to naturally exclude lactose. Almond, oat, and soy milk serve as safe and nutritious plant-based choices, allowing individuals to experience dairy-like enjoyment without the discomfort linked to conventional milk.
For example: The popularity of oat milk has surged significantly in regions like North America, partly due to its attraction to lactose-intolerant individuals and its sustainable characteristics. Brands are reacting by introducing more lactose-free products and emphasizing taste, texture, and fortification to resemble the nutrition and versatility of traditional dairy that will continue to fuel the market demand.
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Key Market Reports Highlights
• Market Dimensions & Projections
• Pricing Evaluation
• Recent Strategic Moves by Companies
• Primary Stakeholders
• Import/Export Trend Analysis
• Competitive Landscape Assessment
• Emerging Opportunities
• Market Trends and Indicators
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Global Plant-Based Dairy Products Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
• By Product Type
o Milk- Market Size & Forecast 2020-2030, USD Million
o Cheese- Market Size & Forecast 2020-2030, USD Million
o Butter- Market Size & Forecast 2020-2030, USD Million
o Yogurt- Market Size & Forecast 2020-2030, USD Million
o Creamers- Market Size & Forecast 2020-2030, USD Million
o Others
• By Material Type
o Fruits- Market Size & Forecast 2020-2030, USD Million
o Vegetables- Market Size & Forecast 2020-2030, USD Million
o Seeds & Nuts- Market Size & Forecast 2020-2030, USD Million
o Others
• By Sales Channel
o Supermarket/Hypermarket- Market Size & Forecast 2020-2030, USD Million
o Convenience Stores- Market Size & Forecast 2020-2030, USD Million
o Specialty Stores- Market Size & Forecast 2020-2030, USD Million
o E-commerce- Market Size & Forecast 2020-2030, USD Million
o Others
• By Nature
o Organic- Market Size & Forecast 2020-2030, USD Million
o Conventional- Market Size & Forecast 2020-2030, USD Million
• By End Use
o Bakery & Confectionery- Market Size & Forecast 2020-2030, USD Million
o Snacks & Savouries- Market Size & Forecast 2020-2030, USD Million
o Ready Meals- Market Size & Forecast 2020-2030, USD Million
o HoReCa- Market Size & Forecast 2020-2030, USD Million
o Dietary Supplements- Market Size & Forecast 2020-2030, USD Million
o Other Food Products- Market Size & Forecast 2020-2030, USD Million
o Others
• By Region
o North America
o South America
o Europe
o The Middle East & Africa
o Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - Arla Foods, Daiya Foods Inc., Danone S.A, General Mills, Saputo, Chobani, Earth’s Own Food Company Inc., Unilever, Nestle, California Farms, Bel Group, Kraft Heinz, 1.5 Degree, Elmhurst 1925, Planting Hope Company, NotCo, and others
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