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Dairy Alternatives Market Report 2025

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    Report

  • 300 Pages
  • March 2025
  • Region: Global
  • The Business Research Company
  • ID: 5939629
The dairy alternatives market size has grown strongly in recent years. It will grow from $15.23 billion in 2024 to $16.75 billion in 2025 at a compound annual growth rate (CAGR) of 10%. The growth in the historic period can be attributed to global population growth, rise in disposable income, growing number of health-conscious consumers, shift towards vegan eating and low interest rate environment.

The dairy alternatives market size is expected to see strong growth in the next few years. It will grow to $23.25 billion in 2029 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to the influence of digital media marketing and social media, government initiatives towards milk alternatives, increase in lactose intolerance, rising penetration of organized retail and improvement in cold chains. Major trends in the forecast period include offering new and innovative products, focus on investing in R&D labs, invest in modern separation technologies, consider planning and implementing marketing campaigns, expanding product portfolio to dairy-free alternative products with other milk-alternative producers.

The dairy alternatives market is expected to experience growth due to the increasing prevalence of lactose intolerance and milk allergies. Lactose intolerance, characterized by the body's inability to produce the enzyme lactase, leading to the undigested passage of lactose to the large intestine and resulting in symptoms such as diarrhea, gas, and bloating, affects more than 30 million people in the United States, according to the Cleveland Clinic. This situation is anticipated to drive greater demand for dairy alternatives, thereby contributing to increased market revenue in the forecast period.

The growth of the dairy alternatives market is further propelled by the rising awareness of health and wellness among consumers. Health and wellness consciousness refers to individuals' awareness of their health and the impact of daily choices on overall well-being. Dairy alternatives play a role in promoting health and wellness consciousness by offering consumers a variety of options aligned with their dietary needs and preferences. The increasing demand for dairy alternatives reflects a growing awareness of the health benefits associated with plant-based diets and a preference for more sustainable food choices. A Nutrisystem Inc. poll in October 2022 found that over 70% of Americans have become more health-conscious in the wake of the COVID-19 pandemic. Hence, the surge in health and wellness consciousness among consumers is a significant driver of the dairy alternatives market's growth.

Major players in the dairy alternative market are introducing innovative products such as NOT M’LK to cater to consumers with dietary restrictions. NOT M'LK is a plant-based milk alternative derived from oats. For example, in October 2023, Velike, an organic oat drink producer based in Germany, unveiled NOT M'LK - a vegan milk that is dairy-free, gluten-free, nut-free, and suitable for individuals who are lactose intolerant or adhere to a plant-based diet. The oats used in NOT M'LK are sourced exclusively from farms in the Black Forest and other regions of Baden-Württemberg, supporting the local economy and contributing to a lower carbon footprint.

Product innovation stands out as a prevailing trend in the dairy alternative market. Nestlé S.A, a multinational food and drink processing conglomerate based in Switzerland, introduced Little Steps Plantygrow in June 2022. This plant-based growing-up drink is designed for toddlers aged one to three years, containing essential nutrients such as iron, vitamins A, C, B2, B12, and iodine. With no added carbohydrates and enriched with omega-3 and 6, this product is crafted to support the overall development of toddlers.

In August 2024, Califia Farms, a U.S.-based company known for its plant-based beverages, including dairy alternatives such as milks, creamers, and coffees, acquired Uproot Inc. for an undisclosed amount. Through this acquisition, Califia Farms aims to strengthen its foothold in the food service sector by improving access to sustainable plant-based milk options via innovative self-serve dispensers. Uproot Inc. specializes in producing sustainable dairy alternatives, with a primary focus on plant-based products.

Major companies operating in the dairy alternatives market include Danone S.A., Blue Diamond Growers, The Hain Celestial Group, Inc., Oatly Group AB, Vitasoy International Holdings, SunOpta Inc., Unilever PLC, Freedom Foods Group Limited, Nestlé S.A., Daiya Foods Inc., Life Health Foods Private Limited, Rakyan Beverages Private Limited, Dabur Ltd, Sahmyook Foods, Bonsoy, Hebei Yangyuan Zhihui Beverage Co. (Yang yuan walnut milk), Coconut palm, Yinglu (peanut milk), Dali foods (soy milk), Lulu (almond milk), Follow Your Heart, Sanitarium Health and Wellbeing Company, Axiom Foods, Inc., Conagra Brands, Earth’s Own Food Company, Inc., Agrana, Efko Group, Jogurty Magda, Albalact, First Choice Ingredients, Organic Valley, Zahini, Archer Daniels Midland Company, Nutriops S. L., Alpro, Arla, Soyfresh, Koita, Diamond River General Trading Llc, Bartech International Llc, Synergs General Trading Fzc, Soy Afric Limited, Panos Brands Llc, Eden Foods Inc.

Asia-Pacific was the largest region in the dairy alternatives market in 2024. Western Europe was the second-largest region in the global dairy alternatives market. The regions covered in the dairy alternatives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the dairy alternatives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

Dairy alternatives refer to food products utilized as substitutes for traditional dairy items, derived from various plant sources such as cereals (rice, oats), legumes (soy), seeds (hemp, flax), nuts (peanuts, almond), and other grains (teff, quinoa).

The primary categories of these alternatives include non-dairy milk, butter, cheese, yogurts, ice cream, and other variations. Butter, for instance, is a solid emulsion of fat globules, water, and inorganic salts with a yellow-to-white appearance, produced through the churning of cream from cows' milk. Almond, soy, oats, hemp, coconut, rice, and other sources contribute to the variety of dairy alternatives available. These alternatives find distribution through supermarkets, health food stores, pharmacies, convenience stores, online platforms, and various other channels.

The dairy alternatives research report is one of a series of new reports that provides dairy alternatives statistics, including dairy alternatives industry global market size, regional shares, competitors with dairy alternatives share, detailed dairy alternatives segments, market trends and opportunities, and any further data you may need to thrive in the dairy alternatives industry. This dairy alternatives research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The dairy alternatives market consists of sales of soy milk, rice milk, oat milk, coconut milk, and flaxseed milk, cheese substitutes comprise soft cheese and hard cheese, butter alternatives such as nut butter, coconut butter, vegetable oil blends, cultured vegan butter, and other dairy alternatives. 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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Table of Contents

1. Executive Summary2. Dairy Alternatives Market Characteristics3. Dairy Alternatives Market Trends and Strategies4. Dairy Alternatives Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market
5. Global Dairy Alternatives Growth Analysis and Strategic Analysis Framework
5.1. Global Dairy Alternatives PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis of End Use Industries
5.3. Global Dairy Alternatives Market Growth Rate Analysis
5.4. Global Dairy Alternatives Historic Market Size and Growth, 2019-2024, Value ($ Billion)
5.5. Global Dairy Alternatives Forecast Market Size and Growth, 2024-2029, 2034F, Value ($ Billion)
5.6. Global Dairy Alternatives Total Addressable Market (TAM)
6. Dairy Alternatives Market Segmentation
6.1. Global Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Non-Dairy Milk
  • Butter
  • Cheese
  • Yogurts
  • Ice Cream
  • Others
6.2. Global Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Almond
  • Soy
  • Oats
  • Hemp
  • Coconut
  • Rice
  • Other Sources
6.3. Global Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Supermarkets
  • Health Food Stores
  • Pharmacies
  • Convenience Stores
  • Online Stores
  • Other Distribution Channels
6.4. Global Dairy Alternatives Market, Sub-Segmentation of Non-Dairy Milk, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Almond Milk
  • Soy Milk
  • Oat Milk
  • Coconut Milk
  • Rice Milk
  • Cashew Milk
  • Hemp Milk
  • Pea Protein Milk
6.5. Global Dairy Alternatives Market, Sub-Segmentation of Butter, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Vegan Butter
  • Coconut Oil-Based Spreads
  • Olive Oil-Based Spreads
  • Almond Butter
6.6. Global Dairy Alternatives Market, Sub-Segmentation of Cheese, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Vegan Cheese Slices
  • Shredded Vegan Cheese
  • Cream Cheese Alternatives
  • Cheese Spreads
6.7. Global Dairy Alternatives Market, Sub-Segmentation of Yogurts, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Almond Milk Yogurt
  • Coconut Milk Yogurt
  • Soy Milk Yogurt
  • Cashew Milk Yogurt
  • Oat Milk Yogurt
6.8. Global Dairy Alternatives Market, Sub-Segmentation of Ice Cream, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Almond Milk Ice Cream
  • Coconut Milk Ice Cream
  • Soy Milk Ice Cream
  • Oat Milk Ice Cream
  • Cashew Milk Ice Cream
6.9. Global Dairy Alternatives Market, Sub-Segmentation of Others, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Dairy-Free Creamers
  • Dairy-Free Sour Cream
  • Dairy-Free Whipped Toppings
  • Other Specialty Products
7. Dairy Alternatives Market Regional and Country Analysis
7.1. Global Dairy Alternatives Market, Split by Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Dairy Alternatives Market, Split by Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Dairy Alternatives Market
8.1. Asia-Pacific Dairy Alternatives Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Dairy Alternatives Market
9.1. China Dairy Alternatives Market Overview
9.2. China Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Dairy Alternatives Market
10.1. India Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Dairy Alternatives Market
11.1. Japan Dairy Alternatives Market Overview
11.2. Japan Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Dairy Alternatives Market
12.1. Australia Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Dairy Alternatives Market
13.1. Indonesia Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Dairy Alternatives Market
14.1. South Korea Dairy Alternatives Market Overview
14.2. South Korea Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Dairy Alternatives Market
15.1. Western Europe Dairy Alternatives Market Overview
15.2. Western Europe Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Dairy Alternatives Market
16.1. UK Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Dairy Alternatives Market
17.1. Germany Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Dairy Alternatives Market
18.1. France Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Dairy Alternatives Market
19.1. Italy Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Dairy Alternatives Market
20.1. Spain Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Dairy Alternatives Market
21.1. Eastern Europe Dairy Alternatives Market Overview
21.2. Eastern Europe Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Dairy Alternatives Market
22.1. Russia Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Dairy Alternatives Market
23.1. North America Dairy Alternatives Market Overview
23.2. North America Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Dairy Alternatives Market
24.1. USA Dairy Alternatives Market Overview
24.2. USA Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Dairy Alternatives Market
25.1. Canada Dairy Alternatives Market Overview
25.2. Canada Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Dairy Alternatives Market
26.1. South America Dairy Alternatives Market Overview
26.2. South America Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Dairy Alternatives Market
27.1. Brazil Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Dairy Alternatives Market
28.1. Middle East Dairy Alternatives Market Overview
28.2. Middle East Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Dairy Alternatives Market
29.1. Africa Dairy Alternatives Market Overview
29.2. Africa Dairy Alternatives Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Dairy Alternatives Market, Segmentation by Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Dairy Alternatives Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Dairy Alternatives Market Competitive Landscape and Company Profiles
30.1. Dairy Alternatives Market Competitive Landscape
30.2. Dairy Alternatives Market Company Profiles
30.2.1. Danone S.A. Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Blue Diamond Growers Overview, Products and Services, Strategy and Financial Analysis
30.2.3. The Hain Celestial Group, Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Oatly Group AB Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Vitasoy International Holdings Overview, Products and Services, Strategy and Financial Analysis
31. Dairy Alternatives Market Other Major and Innovative Companies
31.1. SunOpta Inc.
31.2. Unilever PLC
31.3. Freedom Foods Group Limited
31.4. Nestlé S.A.
31.5. Daiya Foods Inc.
31.6. Life Health Foods Private Limited
31.7. Rakyan Beverages Private Limited
31.8. Dabur Ltd
31.9. Sahmyook Foods
31.10. Bonsoy
31.11. Hebei Yangyuan Zhihui Beverage Co. (Yang yuan walnut milk)
31.12. Coconut palm
31.13. Yinglu (peanut milk)
31.14. Dali foods (soy milk)
31.15. Lulu (almond milk)
32. Global Dairy Alternatives Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Dairy Alternatives Market34. Recent Developments in the Dairy Alternatives Market
35. Dairy Alternatives Market High Potential Countries, Segments and Strategies
35.1 Dairy Alternatives Market in 2029 - Countries Offering Most New Opportunities
35.2 Dairy Alternatives Market in 2029 - Segments Offering Most New Opportunities
35.3 Dairy Alternatives Market in 2029 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Dairy Alternatives Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on dairy alternatives market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
  • Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for dairy alternatives? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The dairy alternatives market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Product Type: Non-Dairy Milk, Butter, Cheese, Yogurts, Ice Cream, Others
2) By Source: Almond, Soy, Oats, Hemp, Coconut, Rice, Other Sources
3) By Distribution Channel: Supermarkets, Health Food Stores, Pharmacies, Convenience Stores, Online Stores, Other Distribution Channels

Subsegments:

1) By Non-Dairy Milk: Almond Milk; Soy Milk; Oat Milk; Coconut Milk; Rice Milk; Cashew Milk; Hemp Milk; Pea Protein Milk
2) By Butter: Vegan Butter; Coconut Oil-Based Spreads; Olive Oil-Based Spreads; Almond Butter
3) By Cheese: Vegan Cheese Slices; Shredded Vegan Cheese; Cream Cheese Alternatives; Cheese Spreads
4) By Yogurts: Almond Milk Yogurt; Coconut Milk Yogurt; Soy Milk Yogurt; Cashew Milk Yogurt; Oat Milk Yogurt
5) By Ice Cream: Almond Milk Ice Cream; Coconut Milk Ice Cream; Soy Milk Ice Cream; Oat Milk Ice Cream; Cashew Milk Ice Cream
6) By Others: Dairy-Free Creamers; Dairy-Free Sour Cream; Dairy-Free Whipped Toppings; Other Specialty Products

Key Companies Mentioned: Danone S.A.; Blue Diamond Growers; the Hain Celestial Group, Inc.; Oatly Group AB; Vitasoy International Holdings

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Danone S.A.
  • Blue Diamond Growers
  • The Hain Celestial Group, Inc.
  • Oatly Group AB
  • Vitasoy International Holdings
  • SunOpta Inc.
  • Unilever PLC
  • Freedom Foods Group Limited
  • Nestlé S.A.
  • Daiya Foods Inc.
  • Life Health Foods Private Limited
  • Rakyan Beverages Private Limited
  • Dabur Ltd
  • Sahmyook Foods
  • Bonsoy
  • Hebei Yangyuan Zhihui Beverage Co. (Yang yuan walnut milk)
  • Coconut palm
  • Yinglu (peanut milk)
  • Dali foods (soy milk)
  • Lulu (almond milk)
  • Follow Your Heart
  • Sanitarium Health and Wellbeing Company
  • Axiom Foods, Inc.
  • Conagra Brands
  • Earth’s Own Food Company, Inc.
  • Agrana
  • Efko Group
  • Jogurty Magda
  • Albalact
  • First Choice Ingredients
  • Organic Valley
  • Zahini
  • Archer Daniels Midland Company
  • Nutriops S. L.
  • Alpro
  • Arla
  • Soyfresh
  • Koita
  • Diamond River General Trading Llc
  • Bartech International Llc
  • Synergs General Trading Fzc
  • Soy Afric Limited
  • Panos Brands Llc
  • Eden Foods Inc.

Table Information