Plant-Based Dairy Products Market Growth and Development Insight - Size, Share, Growth, and Industry Analysis - MarkNtel Advisors

 According to Markntel Advisors Report, Plant-Based Dairy Products Market is expected to grow at a significant growth rate, and the analysis period is 2025-2030, considering the base year as 2024.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

Plant-derived dairy items possess a flavor and consistency akin to conventional dairy products but are created from plant extracts and other plant-based materials without any milk. This category can encompass plant-based milk, cheese, butter, yogurt, ice cream, and other similar products.

 

Global Plant-Based Dairy Products Market Research Report & Summary:

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      

Time Period Captured in the Report:

·        Historical Years: 2020-2023

·        Base Years: 2024

·        Forecast Years: 2025-2030

Who are the Key Players Operating in the Plant-Based Dairy Products Market?

The top companies of the Plant-Based Dairy Products Market ruling the industry are: 

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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What is Included in Plant-Based Dairy Products Market Segmentation?

The Plant-Based Dairy Products Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

-By Product Type

-Milk- Market Size & Forecast 2020-2030, USD Million

-Cheese- Market Size & Forecast 2020-2030, USD Million

-Butter- Market Size & Forecast 2020-2030, USD Million

-Yogurt- Market Size & Forecast 2020-2030, USD Million

-Creamers- Market Size & Forecast 2020-2030, USD Million

-Others

-By Material Type

-Fruits- Market Size & Forecast 2020-2030, USD Million

-Vegetables- Market Size & Forecast 2020-2030, USD Million

-Seeds & Nuts- Market Size & Forecast 2020-2030, USD Million

-Others

-By Sales Channel

-Supermarket/Hypermarket- Market Size & Forecast 2020-2030, USD Million

-Convenience Stores- Market Size & Forecast 2020-2030, USD Million

-Specialty Stores- Market Size & Forecast 2020-2030, USD Million

-E-commerce- Market Size & Forecast 2020-2030, USD Million

-Others

-By Nature

-Organic- Market Size & Forecast 2020-2030, USD Million

-Conventional- Market Size & Forecast 2020-2030, USD Million

-By End Use

-Bakery & Confectionery- Market Size & Forecast 2020-2030, USD Million

-Snacks & Savouries- Market Size & Forecast 2020-2030, USD Million

-Ready Meals- Market Size & Forecast 2020-2030, USD Million

-HoReCa- Market Size & Forecast 2020-2030, USD Million

-Dietary Supplements- Market Size & Forecast 2020-2030, USD Million

-Other Food Products- Market Size & Forecast 2020-2030, USD Million

-Others

-By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific

Explore the Complete Plant-Based Dairy Products Market Analysis Report – https://www.marknteladvisors.com/research-library/plant-based-dairy-products-market.html

Global Plant-Based Dairy Products Market Driver:

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.

Global Plant-Based Dairy Products Market Opportunity:

Oat Milk Popularity on the Rise – It offers a substantial change in the worldwide market for plant-derived dairy items. In recent years, oat milk has rapidly become popular with consumers looking for dairy-free options due to its creamy consistency, mild taste, and health advantages. The expansion of oat milk has surpassed that of all other plant-based milk alternatives, boasting a compound annual growth rate exceeding 10% between 2020 and 2023. Its adaptability in coffee preparation and drinks has especially enhanced its appeal in areas like North America and Europe, where chain cafes like Starbucks are widely available and easily noticeable. Oat milk requires less water than almond milk and aligns with environmental considerations, which have emerged as the main factor boosting the popularity of plant-based dairy. Oat milk continues to be a leading contender in the plant-based dairy sector as consumers look for more sustainable, allergy-friendly alternatives.

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