Plant-based Dairy Market Insights: Demand, Share, and Key Players 2030

1. Global Plant-based Dairy Market Research Report: Forecast (2024-30) Get a Free Sample of the Report Include (2025- 2030)

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4. Market Insights The Global 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 market growth is attributed to the rising lactose intolerance among individuals. Lactose intolerance affects a substantial portion of the global population across different regions & ethnic groups. The rising lactose intolerance among consumers has led them to avoid dairy products such as milk, cheese, curd, etc., and look for other alternatives.

5. Market Driver 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.

6. Market Segments • By Product Type : (Plant-based Milk, Soy Drinks, Almond, Coconut, Oat, Rice, Others (Blends, etc.)], Plant-based Yoghurt, Plant-based Cheese, Others), • By End Users: (B2B [HoReCa, Snacks & Savoury, Bakery & Confectionary], Food Service [HoReCa], Retail Users), By Sales Channel (Supermarkets, Hypermarkets, Local Grocery Stores, Online, Others), • By Ingredients (Plant-based Acidulants, Plant-based Botanicals, Plant-based Carotenoids, Vegetable Oils, Polysaccharides & Oligosaccharides, Plant-based Sweeteners, Other Commodities [Water, Cereals, Juices, etc.]),

7. Top Companies Danone, Groupe, Hebei Yangyuan Zhihui Beverage Co Ltd, Cereal Base CEBA AB, Coconut Palm Group Co Ltd, Blue Diamond Growers, Vitasoy International Holdings Ltd, Wanxiang Sannong Co Ltd, The Coca-Cola Co., Fujian Dali Food Co Ltd, Kikkoman Corp, Lactasoy Co Ltd, Califia Farms LP, Green Spot Co Ltd, Dr Chung's Food Co Ltd, Marusanai Co Ltd, Others.

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