Product Code: PMRREP31413
Plant-based Milk Market: Report Scope
A latest market report by Persistence Market Research on the global plant-based milk market evaluates the opportunities and current market scenario, providing insights and updates about corresponding segments involved in the market for the forecast period of 2023-2033. The report provides detailed assessment of key market dynamics, and comprehensive information about the structure of the market. This study contains detailed insights into how the market is anticipated to grow during the forecast period of 2023-2033.
The primary objective of the report is to provide insights regarding opportunities in the market that are supporting the transformation of global businesses associated with plant-based. It is very important to consider that, in an ever-wavering economy, we provide estimated (Y-o-Y) year-on-year growth rate in addition to compound annual growth rate (CAGR) for overall forecasts, to enable readers better understand the analysis and evaluation of the market, and to discover lucrative opportunities in this space.
This report also provides an estimate of market size and corresponding revenue forecasts carried out in terms of absolute $ opportunity. It also offers actionable insights based on the future trends in the market. Furthermore, new and emerging players in the global plant-based milk market can make use of the information presented in the study for effective business decisions, which will provide momentum to their businesses as well as the global market.
The study is relevant for manufacturers, suppliers, distributors, and investors in the plant-based milk market. All stakeholders, as well as industry experts, researchers, journalists, and business researchers can leverage the information and data represented in the report.
Key Market Segments
Persistence Market Research's report on the global plant-based milk market offers information divided into six segments -end use, distribution channel, type and region.
Nature
Food & Beverage Industry
Bakery & Confectionery
Dairy & Desserts
Infant Formula
Retail/Household
Foodservice Industry
Distribution Channel
Business to Business
Business to Consumer
Hypermarkets/Supermarkets
Convenience Stores
Specialty Stores
Online Retail
Type
Soy
Almond
Coconut
Rice
Oat
Others
Region
North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East & Africa
Key Questions Answered in Study
Which region will hold the highest market share over the forecast period?
Which region is experiencing the highest growth (CAGR)?
Which factors are impacting the global plant-based milk market?
What are the global trends impacting the market?
What strategies must emerge players adopt to capture opportunities in various regions in the market?
What is the structure of the global plant-based milk market?
Research Methodology
Persistence Market Research is committed to providing unbiased market research solutions to its clients. The company follows a robust methodology for the deduction of data included in this report. A unique research methodology is utilized to conduct extensive research on the global plant-based milk market, and reach conclusions about the future growth factors of the market. The research methodology comprises primary research methods coupled with secondary research methods, which ensures the accuracy and reliability of the conclusions in this report.
A demand-side approach is followed to estimate the sales of target products, followed by an in-depth supply-side assessment of value generated, key trends, and events over a predefined period. This methodology is based on standard market structures, methods, and definitions that are based on inputs from local sources in over six regions - North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa which Persistence Market Research considers for segmenting the global market. Statistics, characteristics, and variances are collected at a regional level, aggregated at the same level, and then synthesized at a worldwide level, to create global market measurements. Our main sources of research include:
Primary Research
Secondary Research
Trade Research
Social Media Research
Table of Contents
1. Executive Summary
- 1.1. Global Market Outlook
- 1.2. Demand Side Trends
- 1.3. Supply Side Trends
- 1.4. Technology Roadmap
- 1.5. Analysis and Recommendations
2. Market Overview
- 2.1. Market Coverage / Taxonomy
- 2.2. Market Definition / Scope / Limitations
3. Key Market Trends
- 3.1. Key Trends Impacting the Market
- 3.2. Product Innovation / Development Trends
4. Key Success Factors
- 4.1. Product Adoption / Usage Analysis
- 4.2. Product USPs / Features
- 4.3. Strategic Promotional Strategies
5. Global Plant-based Milk Market Demand Analysis 2017-2022 and Forecast, 2023-2033
- 5.1. Historical Market Volume (Tons) Analysis, 2017-2022
- 5.2. Current and Future Market Volume (Tons) Projections, 2023-2033
- 5.3. Y-o-Y Growth Trend Analysis
6. Global Plant-based Milk Market - Pricing Analysis
- 6.1. Regional Pricing Trend Analysis, 2017-2022
- 6.2. Global Average Pricing Analysis Benchmark
7. Global Plant-based Milk Market Demand (in Value or Size in US$ Mn) Analysis 2017-2022 and Forecast, 2023-2033
- 7.1. Historical Market Value (US$ Mn) Analysis, 2017-2022
- 7.2. Current and Future Market Value (US$ Mn) Projections, 2023-2033
- 7.2.1. Y-o-Y Growth Trend Analysis
- 7.2.2. Absolute $ Opportunity Analysis
8. Market Background
- 8.1. Macro-Economic Factors
- 8.1.1. Global GDP Growth Outlook
- 8.1.2. Global Food & Beverage industry Overview
- 8.1.3. Global GDP and Infrastructure Investment
- 8.1.4. International Trade
- 8.1.5. Global Industry Outlook
- 8.2. Forecast Factors - Relevance & Impact
- 8.2.1. Top Companies Historical Growth
- 8.2.2. GDP Growth forecast
- 8.2.3. Manufacturing Industry forecast
- 8.2.4. Global Urbanization Growth Outlook
- 8.2.5. Business Climate
- 8.3. Global Food and Beverage Industry Overview
- 8.3.1. Food & Beverage Industry Key Indicators
- 8.4. Supply Chain & Value-Chain Analysis
- 8.4.1. Raw Material Suppliers
- 8.4.2. Product Manufacturers
- 8.4.3. Distribution Channel Industries
- 8.5. Regional Plant-based Milk Associations and Organizations
- 8.6. Policy Developments and Regulatory Scenario
- 8.6.1. The United States Food and Drug Administration (FDA)
- 8.6.2. Canadian Food Inspection Agency
- 8.6.3. European Food Safety Authority (EFSA)
- 8.6.4. The Food Safety and Standards Authority of India (FSSAI)
- 8.6.5. Ministry of Health, Labor and Welfare. (MHLW), Japan
- 8.6.6. National Health Commission (NHC), China
- 8.6.7. Food Standards Australia New Zealand (FSANZ)
- 8.7. Market Dynamics
- 8.7.1. Drivers
- 8.7.2. Restraints
- 8.7.3. Opportunity Analysis
- 8.8. Global Supply Demand Analysis
9. Global Plant-based Milk Market Analysis 2017-2022 and Forecast 2023-2033, By End Use
- 9.1. Introduction / Key Findings
- 9.2. Historical Market Size (US$ Mn) and Volume Analysis By Nature, 2017-2022
- 9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Nature, 2023-2033
- 9.3.1. Food & Beverage Industry
- 9.3.1.1. Bakery & Confectionery
- 9.3.1.2. Dairy & Desserts
- 9.3.1.3. Infant Distribution Channelula
- 9.3.2. Retail/Household
- 9.3.3. Foodservice Industry
- 9.4. Market Attractiveness Analysis By Nature
10. Global Plant-based Milk Market Analysis 2017-2022 and Forecast 2023-2033, by Distribution Channel
- 10.1. Introduction / Key Findings
- 10.2. Historical Market Size (US$ Mn) and Volume Analysis By Distribution Channel, 2017-2022
- 10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Distribution Channel, 2023-2033
- 10.3.1. Business to Business
- 10.3.2. Business to Consumer
- 10.3.2.1. Hypermarkets/Supermarkets
- 10.3.2.2. Convenience Stores
- 10.3.2.3. Specialty Stores
- 10.3.2.4. Online Retail
- 10.4. Market Attractiveness Analysis By Distribution Channel
11. Global Plant-based Milk Market Analysis 2017-2022 and Forecast 2023-2033, by Type
- 11.1. Introduction
- 11.2. Historical Market Size (US$ Mn) and Volume Analysis By Type, 2017-2022
- 11.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Type, 2023-2033
- 11.3.1. Soy
- 11.3.2. Almond
- 11.3.3. Coconut
- 11.3.4. Rice
- 11.3.5. Oat
- 11.3.6. Others
- 11.4. Market Attractiveness Analysis By Type
12. Global Plant-based Milk Market Analysis 2017-2022 and Forecast 2023-2033, by Region
- 12.1. Introduction
- 12.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2017-2022
- 12.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2023-2033
- 12.3.1. North America
- 12.3.2. Latin America
- 12.3.3. Europe
- 12.3.4. South Asia and Pacific
- 12.3.5. East Asia
- 12.3.6. Middle East and Africa (MEA)
- 12.4. Market Attractiveness Analysis By Region
13. North America Plant-based Milk Market Analysis 2017-2022 and Forecast 2023-2033
- 13.1. Introduction
- 13.2. Pricing Analysis
- 13.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017-2022
- 13.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2023-2033
- 13.4.1. By Country
- 13.4.1.1. U.S.
- 13.4.1.2. Canada
- 13.4.2. By End Use
- 13.4.3. By Distribution Channel
- 13.4.4. By Type
- 13.5. Market Attractiveness Analysis
- 13.5.1. By Country
- 13.5.2. By End Use
- 13.5.3. By Distribution Channel
- 13.5.4. By Type
- 13.6. Market Trends
- 13.7. Key Market Participants - Intensity Mapping
- 13.8. Drivers and Restraints - Impact Analysis
14. Latin America Plant-based Milk Market Analysis 2017-2022 and Forecast 2023-2033
- 14.1. Introduction
- 14.2. Pricing Analysis
- 14.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017-2022
- 14.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2023-2033
- 14.4.1. By Country
- 14.4.1.1. Brazil
- 14.4.1.2. East Asia
- 14.4.1.3. Argentina
- 14.4.1.4. Rest of Latin America
- 14.4.2. By End Use
- 14.4.3. By Distribution Channel
- 14.4.4. By Type
- 14.5. Market Attractiveness Analysis
- 14.5.1. By Country
- 14.5.2. By End Use
- 14.5.3. By Distribution Channel
- 14.5.4. By Type
- 14.6. Market Trends
- 14.7. Key Market Participants - Intensity Mapping
- 14.8. Drivers and Restraints - Impact Analysis
15. Europe Plant-based Milk Market Analysis 2017-2022 and Forecast 2023-2033
- 15.1. Introduction
- 15.2. Pricing Analysis
- 15.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017-2022
- 15.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2023-2033
- 15.4.1. By Country
- 15.4.1.1. Germany
- 15.4.1.2. Italy
- 15.4.1.3. France
- 15.4.1.4. U.K.
- 15.4.1.5. Spain
- 15.4.1.6. BENELUX
- 15.4.1.7. Russia
- 15.4.1.8. Poland
- 15.4.1.9. Rest of Europe
- 15.4.2. By End Use
- 15.4.3. By Distribution Channel
- 15.4.4. By Type
- 15.5. Market Attractiveness Analysis
- 15.5.1. By Country
- 15.5.2. By End Use
- 15.5.3. By Distribution Channel
- 15.5.4. By Type
- 15.6. Market Trends
- 15.7. Key Market Participants - Intensity Mapping
- 15.8. Drivers and Restraints - Impact Analysis
16. South Asia and Pacific Plant-based Milk Market Analysis 2017-2022 and Forecast 2023-2033
- 16.1. Introduction
- 16.2. Pricing Analysis
- 16.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017-2022
- 16.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2023-2033
- 16.4.1. By Country
- 16.4.1.1. India
- 16.4.1.2. ASEAN
- 16.4.1.3. Oceania (Australia & New Zealand)
- 16.4.1.4. Rest of South Asia & Pacific
- 16.4.2. By End Use
- 16.4.3. By Distribution Channel
- 16.4.4. By Type
- 16.5. Market Attractiveness Analysis
- 16.5.1. By Country
- 16.5.2. By End Use
- 16.5.3. By Distribution Channel
- 16.5.4. By Type
- 16.6. Market Trends
- 16.7. Key Market Participants - Intensity Mapping
- 16.8. Drivers and Restraints - Impact Analysis
17. East Asia Plant-based Milk Market Analysis 2017-2022 and Forecast 2023-2033
- 17.1. Introduction
- 17.2. Pricing Analysis
- 17.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017-2022
- 17.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2023-2033
- 17.4.1. By Country
- 17.4.1.1. China
- 17.4.1.2. Japan
- 17.4.1.3. South Korea
- 17.4.2. By End Use
- 17.4.3. By Distribution Channel
- 17.4.4. By Type
- 17.5. Market Attractiveness Analysis
- 17.5.1. By Country
- 17.5.2. By End Use
- 17.5.3. By Distribution Channel
- 17.5.4. By Type
- 17.6. Market Trends
- 17.7. Key Market Participants - Intensity Mapping
- 17.8. Drivers and Restraints - Impact Analysis
18. Middle East and Africa Plant-based Milk Market Analysis 2017-2022 and Forecast 2023-2033
- 18.1. Introduction
- 18.2. Pricing Analysis
- 18.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017-2022
- 18.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2023-2033
- 18.4.1. By Country
- 18.4.1.1. GCC Countries
- 18.4.1.2. Turkey
- 18.4.1.3. Northern Africa
- 18.4.1.4. South Africa
- 18.4.1.5. Rest of Middle East and Africa
- 18.4.2. By End Use
- 18.4.3. By Distribution Channel
- 18.4.4. By Type
- 18.5. Market Attractiveness Analysis
- 18.5.1. By Country
- 18.5.2. By End Use
- 18.5.3. By Distribution Channel
- 18.5.4. By Type
- 18.6. Market Trends
- 18.7. Key Market Participants - Intensity Mapping
- 18.8. Drivers and Restraints - Impact Analysis
19. Country Wise Plant-based Milk Market Analysis, 2023
- 19.1. Introduction
- 19.1.1. Market Value Proportion Analysis, By Key Countries
- 19.1.2. Global Vs. Country Growth Comparison
- 19.2. U.S. Plant-based Milk Market Analysis
- 19.2.1. By End Use
- 19.2.2. By Distribution Channel
- 19.2.3. By Type
- 19.3. Canada Plant-based Milk Market Analysis
- 19.3.1. By End Use
- 19.3.2. By Distribution Channel
- 19.3.3. By Type
- 19.4. East Asia Plant-based Milk Market Analysis
- 19.4.1. By End Use
- 19.4.2. By Distribution Channel
- 19.4.3. By Type
- 19.5. Brazil Plant-based Milk Market Analysis
- 19.5.1. By End Use
- 19.5.2. By Distribution Channel
- 19.5.3. By Type
- 19.6. Argentina Plant-based Milk Market Analysis
- 19.6.1. By End Use
- 19.6.2. By Distribution Channel
- 19.6.3. By Type
- 19.7. Germany Plant-based Milk Market Analysis
- 19.7.1. By End Use
- 19.7.2. By Distribution Channel
- 19.7.3. By Type
- 19.8. Italy Plant-based Milk Market Analysis
- 19.8.1. By End Use
- 19.8.2. By Distribution Channel
- 19.8.3. By Type
- 19.9. France Plant-based Milk Market Analysis
- 19.9.1. By End Use
- 19.9.2. By Distribution Channel
- 19.9.3. By Type
- 19.10. U.K. Plant-based Milk Market Analysis
- 19.10.1. By End Use
- 19.10.2. By Distribution Channel
- 19.10.3. By Type
- 19.11. Spain Plant-based Milk Market Analysis
- 19.11.1. By End Use
- 19.11.2. By Distribution Channel
- 19.11.3. By Type
- 19.12. Poland Plant-based Milk Market Analysis
- 19.12.1. By End Use
- 19.12.2. By Distribution Channel
- 19.12.3. By Type
- 19.13. Russia Plant-based Milk Market Analysis
- 19.13.1. By End Use
- 19.13.2. By Distribution Channel
- 19.13.3. By Type
- 19.14. China Plant-based Milk Market Analysis
- 19.14.1. By End Use
- 19.14.2. By Distribution Channel
- 19.14.3. By Type
- 19.15. Japan Plant-based Milk Market Analysis
- 19.15.1. By End Use
- 19.15.2. By Distribution Channel
- 19.15.3. By Type
- 19.16. S. Korea Plant-based Milk Market Analysis
- 19.16.1. By End Use
- 19.16.2. By Distribution Channel
- 19.16.3. By Type
- 19.17. India Plant-based Milk Market Analysis
- 19.17.1. By End Use
- 19.17.2. By Distribution Channel
- 19.17.3. By Type
- 19.18. Oceania (Australia and New Zealand) Plant-based Milk Market Analysis
- 19.18.1. By End Use
- 19.18.2. By Distribution Channel
- 19.18.3. By Type
- 19.19. Turkey Plant-based Milk Market Analysis
- 19.19.1. By End Use
- 19.19.2. By Distribution Channel
- 19.19.3. By Type
- 19.20. South Africa Plant-based Milk Market Analysis
- 19.20.1. By End Use
- 19.20.2. By Distribution Channel
- 19.20.3. By Type
20. Market Structure Analysis
- 20.1. Market Analysis by Tier of Companies (Plant-based Milk)
- 20.2. Market Share Analysis of Top Players
- 20.3. Market Presence Analysis
21. Competition Analysis
- 21.1. Competition Dashboard
- 21.2. Competition Benchmarking
- 21.3. Competition Deep Dive
- 21.3.1. McCormick & Co.
- 21.3.1.1. Overview
- 21.3.1.2. Product Portfolio
- 21.3.1.3. Profitability by Market Segments (Product/Channel/Region)
- 21.3.1.4. Sales Footprint
- 21.3.1.5. Strategy Overview
- 21.3.2. Sunopta Inc
- 21.3.2.1. Overview
- 21.3.2.2. Product Portfolio
- 21.3.2.3. Profitability by Market Segments (Product/Channel/Region)
- 21.3.2.4. Sales Footprint
- 21.3.2.5. Strategy Overview
- 21.3.3. Goya Foods
- 21.3.3.1. Overview
- 21.3.3.2. Product Portfolio
- 21.3.3.3. Profitability by Market Segments (Product/Channel/Region)
- 21.3.3.4. Sales Footprint
- 21.3.3.5. Strategy Overview
- 21.3.4. Blue Diamond Growers, Inc.
- 21.3.4.1. Overview
- 21.3.4.2. Product Portfolio
- 21.3.4.3. Profitability by Market Segments (Product/Channel/Region)
- 21.3.4.4. Sales Footprint
- 21.3.4.5. Strategy Overview
- 21.3.5. Califia Farms
- 21.3.5.1. Overview
- 21.3.5.2. Product Portfolio
- 21.3.5.3. Profitability by Market Segments (Product/Channel/Region)
- 21.3.5.4. Sales Footprint
- 21.3.5.5. Strategy Overview
- 21.3.6. Ripple Foods
- 21.3.6.1. Overview
- 21.3.6.2. Product Portfolio
- 21.3.6.3. Profitability by Market Segments (Product/Channel/Region)
- 21.3.6.4. Sales Footprint
- 21.3.6.5. Strategy Overview
- 21.3.7. Oatly
- 21.3.7.1. Overview
- 21.3.7.2. Product Portfolio
- 21.3.7.3. Profitability by Market Segments (Product/Channel/Region)
- 21.3.7.4. Sales Footprint
- 21.3.7.5. Strategy Overview
- 21.3.8. Sanitarium
- 21.3.8.1. Overview
- 21.3.8.2. Product Portfolio
- 21.3.8.3. Profitability by Market Segments (Product/Channel/Region)
- 21.3.8.4. Sales Footprint
- 21.3.8.5. Strategy Overview
- 21.3.9. Ecomil
- 21.3.9.1. Overview
- 21.3.9.2. Product Portfolio
- 21.3.9.3. Profitability by Market Segments (Product/Channel/Region)
- 21.3.9.4. Sales Footprint
- 21.3.9.5. Strategy Overview
- 21.3.10. Hiland Dairy
- 21.3.10.1. Overview
- 21.3.10.2. Product Portfolio
- 21.3.10.3. Profitability by Market Segments (Product/Channel/Region)
- 21.3.10.4. Sales Footprint
- 21.3.10.5. Strategy Overview
- 21.3.11. Natura Foods
- 21.3.11.1. Overview
- 21.3.11.2. Product Portfolio
- 21.3.11.3. Profitability by Market Segments (Product/Channel/Region)
- 21.3.11.4. Sales Footprint
- 21.3.11.5. Strategy Overview
- 21.3.12. Earth's Own Food Company Inc
- 21.3.12.1. Overview
- 21.3.12.2. Product Portfolio
- 21.3.12.3. Profitability by Market Segments (Product/Channel/Region)
- 21.3.12.4. Sales Footprint
- 21.3.12.5. Strategy Overview
- 21.3.13. Edward & Sons
- 21.3.13.1. Overview
- 21.3.13.2. Product Portfolio
- 21.3.13.3. Profitability by Market Segments (Product/Channel/Region)
- 21.3.13.4. Sales Footprint
- 21.3.13.5. Strategy Overview
- 21.3.14. Chef's Choice Food Manufacturer Company Limited
- 21.3.14.1. Overview
- 21.3.14.2. Product Portfolio
- 21.3.14.3. Profitability by Market Segments (Product/Channel/Region)
- 21.3.14.4. Sales Footprint
- 21.3.14.5. Strategy Overview
- 21.3.15. Liwayway Holdings Company Limited
- 21.3.15.1. Overview
- 21.3.15.2. Product Portfolio
- 21.3.15.3. Profitability by Market Segments (Product/Channel/Region)
- 21.3.15.4. Sales Footprint
- 21.3.15.5. Strategy Overview
- 21.3.16. Others (on additional request)
- 21.3.16.1. Overview
- 21.3.16.2. Product Portfolio
- 21.3.16.3. Profitability by Market Segments (Product/Channel/Region)
- 21.3.16.4. Sales Footprint
- 21.3.16.5. Strategy Overview
22. Assumptions and Acronyms Used
23. Research Methodology