Plant-Based Dairy in China

Plant-based milk is expected to remain the only category within plant-based dairy with notable sales in China in 2024. Within plant-based milk, retail volume and current value sales of soy drinks experienced a significant decline in China in 2023, and this is expected to continue in 2024, driven by multiple factors. For instance, soy drinks is a highly mature category with few new products, which limits its growth potential.

The Plant-based Dairy in China report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2019-2023, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market directly informs our forecasts to 2028, clearly indicating how the market is expected to change.

Product coverage: Plant-based Cheese, Plant-based Milk, Plant-based Yoghurt.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Plant-based Dairy market
• Pinpoint growth sectors and identify factors driving change
• Understand the competitive environment, the market’s major players and leading brands
• Use five-year forecasts to assess how the market is predicted to develop.