Global Plant-based Dairy Market 2024

Description

Anticipated trends indicate that the global plant-based dairy market will achieve incremental growth of USD 13.9 billion, translating to a compound annual growth rate (CAGR) of around 6.3% during the forecast period of 2024 to 2029. Globally, the plant-based dairy market is experiencing robust growth, spurred by a convergence of health, sustainability, and ethical concerns. A surge in lactose intolerance awareness, along with a rise in vegan and flexitarian diets, is fueling demand for diverse plant-based alternatives. The market is also benefiting from significant investments in research and development, leading to improved taste and texture that closely mimic traditional dairy.

The report offers a comprehensive evaluation of the global plant-based dairy market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type, distribution channel and region. This comprehensive evaluation aids in identifying the growth potential within the plant-based dairy industry.

Market Segmentation

The global plant-based dairy market is classified into the following segments:
Product type: plant-based milk, plant-based yoghurt, plant-based cheese
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, food & drinks stores, grocery stores, e-commerce, others
Region: Asia Pacific, Europe, Latin America, Middle East and Africa, North America

The segmentation of the global plant-based dairy market product type, distribution channel and region. The market is classified by product type into plant-based milk, plant-based yoghurt, and plant-based cheese. Distribution channel segmentation includes convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, food & drinks stores, grocery stores, e-commerce, and others. Geographically, the market includes Asia Pacific, Europe, Latin America, Middle East and Africa and North America.

Competitive Landscape

Leading companies in the plant-based dairy market comprise Wanxiang Sannong Group Co. Ltd., VITASOY International Holdings Limited, The Coca-Cola Company, Ripple Foods Inc., Quang Ngai Sugar Joint Stock Company, Olga S.A.S., Oatly Group AB, Marusanai Co. Ltd., Lactasoy Co. Ltd., Kikkoman Corporation, Hebei Yangyuan Zhihui Beverage Co. Ltd., Green Spot Co. Ltd., Fujian Dali Group Co. Ltd., Flora Food Group B.V., Ecotone, Dr. Chung’s Food Co. Ltd., Danone S.A., Coconut Palm Group Co. Ltd., Chobani LLC, Califia Farms LP, Bright Food (Group) Co. Ltd. and Blue Diamond Growers.

This analysis offers a comprehensive overview of the main players in the plant-based dairy market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.

Why Buy This Report?

Obtain precise statistical data and forecasts for the global plant-based dairy market.
Gain in-depth analysis and forecasts for the key segments of the global plant-based dairy market: product type, distribution channel and region.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the global plant-based dairy market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the global plant-based dairy market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Global Plant-based Dairy Market – Product Type Analysis
Global Plant-based Dairy Market – Distribution Channel Analysis
Global Plant-based Dairy Market – Region Analysis
Key Players and Market Share
– Wanxiang Sannong Group Co., Ltd.
– VITASOY International Holdings Limited
– The Coca-Cola Company
– Ripple Foods Inc.
– Quang Ngai Sugar Joint Stock Company
– Olga S.A.S.
– Oatly Group AB
– Marusanai Co., Ltd.
– Lactasoy Co., Ltd.
…
Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Global Plant-based Dairy Market 2019-2029
Chart Global Plant-based Dairy Market, Net Growth, 2019-2029
Chart Global Plant-based Dairy Market, Growth Rates, 2019-2029
Table Global Plant-based Dairy Market by Product Type, 2019-2029
Chart Global Plant-based Dairy Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Global Plant-based Dairy Market by Product Type, 2019-2029
Table Global Plant-based Dairy Market by Distribution Channel, 2019-2029
Chart Global Plant-based Dairy Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Global Plant-based Dairy Market by Distribution Channel, 2019-2029
Table Global Plant-based Dairy Market by Region, 2019-2029
Chart Global Plant-based Dairy Market by Region, CAGR Historic and Forecast, 2019-2029
Chart Global Plant-based Dairy Market by Region, 2019-2029
Table Global Plant-based Dairy Market Share (%), by Companies, 2019-2023
Chart Global Plant-based Dairy Market, by Companies, 2023
Table Global Plant-based Dairy Market Share (%), by Brands, 2019-2023
Chart Global Plant-based Dairy Market, by Brands, 2023
Table Global – Population (Millions) and Forecast
Table Global – Consumer Price Index (CPI) and Forecast
Table Global – Gross Domestic Product and Forecast
Table Global Plant-based Dairy Market: Spend as a Proportion of GDP (%)
Table Global Plant-based Dairy Market: Consumption per Capita (Population)

Companies Mentioned

Wanxiang Sannong Group Co., Ltd.
VITASOY International Holdings Limited
The Coca-Cola Company
Ripple Foods Inc.
Quang Ngai Sugar Joint Stock Company
Olga S.A.S.
Oatly Group AB
Marusanai Co., Ltd.
Lactasoy Co., Ltd.
Kikkoman Corporation
Hebei Yangyuan Zhihui Beverage Co., Ltd.
Green Spot Co., Ltd.
Fujian Dali Group Co. Ltd.
Flora Food Group B.V.
Ecotone
Dr. Chung’s Food Co., Ltd.
Danone S.A.
Coconut Palm Group Co., Ltd.
Chobani LLC
Califia Farms LP
Bright Food (Group) Co., Ltd.
Blue Diamond Growers