Milk Substitutes (Non dairy milk) Market Report 2026

The milk substitutes (non dairy milk) market size has grown rapidly in recent years. It will grow from $44.45 billion in 2025 to $51.09 billion in 2026 at a compound annual growth rate (CAGR) of 14.9%. The growth in the historic period can be attributed to growth in lactose intolerance awareness, rising vegan and flexitarian populations, expansion of specialty food retail channels, development of plant-based processing technologies, increased consumer focus on health-conscious diets.

The milk substitutes (non dairy milk) market size is expected to see rapid growth in the next few years. It will grow to $90.17 billion in 2030 at a compound annual growth rate (CAGR) of 15.3%. The growth in the forecast period can be attributed to increasing demand for sustainable plant-based beverages, rising innovation in alternative protein sources, expansion of non-dairy applications in foodservice, growing investment in functional fortification, increasing global adoption of plant-based nutrition. Major trends in the forecast period include increasing demand for plant-based dairy alternatives, rising adoption of oat and almond milk variants, growing focus on lactose-free and vegan diets, expansion of fortified non-dairy beverages, enhanced emphasis on clean-label ingredients.

The growing consumer preference for vegan food is fueling the expansion of the milk substitute market. Consumers are becoming increasingly aware of animal welfare issues associated with dairy farming and are consequently reducing their consumption of animal-derived products. Vegan milk is free from cholesterol, rich in vitamin D and protein, and often provides higher calcium content compared with conventional animal milk. For example, in April 2024, the Good Food Institute, a US-based non-profit organization, reported that in 2023 the US plant-based milk segment, the largest category within the plant-based foods market, achieved retail sales of US$2.9 billion, with nearly 44% of US households purchasing plant-based milk at least once during the year. Thus, the increasing consumer inclination toward vegan food is driving the growth of the milk substitute market going forward.

The rising prevalence of lactose intolerance is expected to further support the growth of the milk substitutes (non-dairy milk) market. Lactose intolerance is a digestive condition in which individuals are unable to properly digest lactose, the sugar present in milk and dairy products. Milk substitutes serve as effective alternatives for individuals with lactose intolerance by replacing traditional milk while meeting diverse dietary needs and preferences. For instance, in June 2023, according to the National Dairy Council (NDC), a US-based non-profit organization, approximately 70% of the global adult population exhibits lactase non-persistence, also known as lactose malabsorption, which often results in lactose intolerance. Therefore, the increasing incidence of lactose intolerance is contributing to the growth of the milk substitutes (non-dairy milk) market.

In October 2023, Oddlygood Global Oy, a Finland-based producer of plant-based foods and beverages, acquired Planti, a Finland-based plant-based food company, for an undisclosed amount. Through this acquisition, Oddlygood aims to strengthen its position in the plant-based dairy alternatives sector by expanding its product portfolio and entering new segments, including spoonable snacks and cooking-oriented products. Planti specializes in plant-based dairy alternatives such as non-dairy milks, yogurt-style products, and dairy-free foods designed for cooking applications.

Major companies operating in the milk substitutes (non dairy milk) market are Hain Celestial Group Inc., Blue Diamond Growers Inc., SunOpta Inc., Chobani LLC, Vitasoy International Holdings Limited, Oatly AB, Freedom Foods Group Limited, Sanitarium Health and Wellbeing Company, Valsoia S.p.A., Califia Farms LLC, Eden Foods Inc., Earth’s Own Food Company, Ripple Foods Inc., Good Karma Foods LLC, Elmhurst 1920 Inc., Pacific Foods of Oregon LLC, Silk North America LLC, Alpro (UK) Limited, So Delicious Dairy Free, Forager Project LLC, Milkadamia Inc., Mooala Brands LLC, Rude Health Inc., Sproud Limited.

North America was the largest region in the milk substitutes (nondairy milk) market in 2025. Western Europe was the second largest region in the global milk substitutes (nondairy milk) market share. The regions covered in the milk substitutes (non dairy milk) market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the milk substitutes (non dairy milk) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The milk substitutes (non-dairy milk) market consists of sales of soy milk, nut milk, oat milk, rice milk. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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