Bharat Book Bureau Provides the Trending Market Research Report on “Global Plant-Based Milk Market Outlook, 2026” under Food & Beverage Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.
Global Plant-Based Milk Market Outlook, 2026
Plant based milk is an alternative to Dairy Milk, which is made from base ingredients like Soy, Almond, Oat, Rice, Coconut, Cashew, Hazelnut, Hemp, Pea and others. It is of two types, Plain Milk or Flavoured Milk. Flavoured plant milks come in varied flavours like Chocolate, Strawberry, Vanilla, and Coffee, Hazelnut, Mocha, Berry, Banana, Coconut and others.
The global climatic changes, increasing deforestation, lactose intolerance, gastric problems, indigestion and animal cruelty has led to a push to the vegan or plant based food products. Given this reasons, increasingly people around the globe are turning vegetarian, vegan, or even flexitarian. The vegan trend is in the air, due to its large presence over various social media platforms over the internet. It plays a pivotal role in luring the young demographics to turn to plant based milk.
According to the research report “Global Plant Based Milk Market Outlook, 2026" published by Bonafide Research, the plant based milk market is expanding speedily to attain revenue of USD 25 Billion by the end of forecast period. The global plant based milk market is three times more than plant based meat market, which is prudent that plant based milk market is a matured market.
The Asia Pacific milk market has exorbitant percentage in the Global Plant Based Milk Market as it is an agricultural land. By value, the plant based milk market is 50% to 60% of the Global Dairy Alternative Market. Soy milk is one of the oldest plant based milk and so it is widely available and has massive acceptance globally. Whereas, Almond milk has recently captivated, vital reason being soy milks allergenic property. The report analyses influential trends that are currently determining the growth of the market.
It further, interprets important dynamics, such as the drivers, restraints, and opportunities for key market players and also the new entrants with the manufacturing of the plant based milk market. The analyses also state the upholding of the future status of the plant based milk market over the forecast period. A detailed overview of value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the plant based milk market, along with their product portfolios, enhances the reliability of this extensive research study.
Growing number of population is turning vegan and the 2020 statistics shows there are 5% vegans, 20% flexitarian and 11% vegetarians around the globe. People in the western countries are more inclined towards plant based milk than the developing countries. Widespread awareness of consuming plant based foods and its positive impacts on health are a major driver for this market. Obesity is on the rise, globally irrespective of varied food cultures in different regions of the world. Plant based milk provides more energy, improves health, balances body weight and adds flavour to milk.
Middle East & Africa plant based milk market is in its nascent stage and so is an emerging market during the forecast period. Oat milk has paved its way to become one of the fastest growing markets during the forecast period with a power to cross over 10% market share globally. The other types of milk like Cashew milk, Hazelnut milk are also gaining traction in the market, as consumers are always on a spur to taste new variants. The flavoured plant based milk market is expected to grow enormously, as manufacturers are bringing new flavours on the shelf like Berry, Hazelnut, Coffee, Mocha and Coconut. While, Chocolate, Vanilla and Strawberry are well established and have succeeded in capturing majority of the market share.
Online sales of plant based milks is rapidly expanding as they offer discount schemes and free home delivery options. Today’s busy consumers want to enjoy the easy accessible shopping through their luxury home space. Many one-stop shops have put themselves on the web to ease the purchasing process for the consumers. Leading supermarket chains have their own online shopping apps which further paves the market to succeed.
The Covid-19 pandemic has negatively impacted the world economy at large. Major economies were hit hard resulting in decline of GDP to a significant extent. The demand and supply chain disruption led to a decline of plant based milk market in 2020 to a noticeable point. With the tourism industry coming to an halt altogether, the plant based milk market being inversely related suffered. However, the pandemic is now being seen as an advantage to plant based food products, as consumers moving towards healthy food eating habits. Consumers want to refrain from any animal origin product due to spread of diseases.
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This report studies the global market size of Plant Based Milk in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Plant Based Milk in these regions.This research report categorizes the global Plant Based Milk market by players/brands, region, type and application.
This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter’s Five Forces Analysis.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-plant-based-milk-2025-336In 2017, the global Plant Based Milk market size was million US$ and is forecast to million US in 2025, growing at a CAGR of from 2018.
The objectives of this study are to define, segment, and project the size of the Plant Based Milk market based on company, product type, application and key regions.The various contributors involved in the value chain of Plant Based Milk include manufacturers, suppliers, distributors, intermediaries, and customers.The key manufacturers in the Plant Based Milk includeArcher Daniels MidlandNestleWhiteWave FoodsHain Celestial GroupDaiya FoodsMarket Size Split by TypeLegumesCerealsNutsSeedsOtherMarket Size Split by ApplicationSupermarkets and HypermarketsSpecialist RetailersOnline RetailersOtherMarket size split by RegionNorth AmericaUnited StatesCanadaMexicoAsia-PacificChinaIndiaJapanSouth KoreaAustraliaIndonesiaSingaporeMalaysiaPhilippinesThailandVietnamEuropeGermanyFranceThe study objectives of this report are:To study and analyze the global Plant Based Milk market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.To understand the structure of Plant Based Milk market by identifying its various subsegments.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).Focuses on the key global Plant Based Milk manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the Plant Based Milk with respect to individual growth trends, future prospects, and their contribution to the total market.To project the value and volume of Plant Based Milk submarkets, with respect to key regions (along with their respective key countries).To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.To strategically profile the key players and comprehensively analyze their growth strategies.In this study, the years considered to estimate the market size of Plant Based Milk are as follows:History Year: 2013–2017Base Year: 2017Estimated Year: 2018Forecast Year 2018 to 2025This report includes the estimation of market size for value (million US$) and volume (K MT).
Both top-down and bottom-up approaches have been used to estimate and validate the market size of Plant Based Milk market, to estimate the size of various other dependent submarkets in the overall market.
Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research.
All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.For the data information by region, company, type and application, 2017 is considered as the base year.
Global Plant-Based Milk Market size was valued at US$ 12 Bn.
in 2020 and the total revenue is expected to grow at 11% through 2021 to 2027, reaching nearly US$ 21 Bn.The Plant-Based Milk Market Size 2021-2027 provides detailed competitive analysis, including market share, size, future scope, and future outlook.
It also analyses the market drivers and opportunities.Global Plant-Based Milk Market OverviewBecause they are lightweight and foldable, these Plant-Based Milk are easy to transport and operate.
Companies are investing heavily in new electric mopeds and scooters to make them more efficient.Get a Sample PDF of the Report at : Request Free Sample Report List Of TOP KEY PLAYERS in Plant-Based Milk Market Report are -• Groupe Danone• The Hain Celestial Group Inc.• Vitasoy International Holdings Limited.• McCormick & Co.• Sunopta Inc• Pacific Foods of Oregon, Inc• Goya Foods• Blue Diamond Growers, Inc.• Califia Farms• Ripple Foods• Oatly• Sanitarium• Ecomil• Hiland Dairy• Natura Foods• Earth’s Own Food Company Inc• Edward & Sons• Chef’s Choice Food Manufacturer Company Limited• Liwayway Holdings Company LimitedCOVID-19 Impact on Market:In December 2019, the COVID-19 epidemic began in Wuhan (China), and has been spreading rapidly around the world.
Due to travel bans and lockdowns, the COVID-19 epidemic has affected many countries' economies and industries.
This outbreak has caused major disruptions in the global food and drink industry, including supply chain breakdowns, cancellations of technology events, and office closures.
Plant Based Milk Market research report includes specific segments by region (country), by company, by Type and by Application.
This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027.
Understanding the segments helps in identifying the importance of different factors that aid the market growth.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-plant-based-milk-2021-513 Segment by Type of Plant Based Milk MarketLegumesCerealsNutsSeedsOtherSegment by ApplicationSupermarkets and HypermarketsSpecialist RetailersOnline RetailersOtherBy RegionNorth AmericaU.S.CanadaEuropeGermanyFranceU.K.ItalyRussiaAsia-PacificChinaJapanSouth KoreaIndiaAustraliaTaiwanIndonesiaThailandMalaysiaPhilippinesVietnamLatin AmericaMexicoBrazilArgentinaMiddle East & AfricaTurkeySaudi ArabiaU.A.EBy CompanyArcher Daniels MidlandNestleWhiteWave FoodsHain Celestial GroupDaiya FoodsGet the Complete Report & TOC @ https://www.grandresearchstore.com/food-and-beverages/global-plant-based-milk-2021-513Table of content1 Plant Based Milk Market Overview1.1 Product Overview and Scope of Plant Based Milk1.2 Plant Based Milk Segment by Type1.2.1 Global Plant Based Milk Sales Growth Rate Comparison by Type (2021-2027)1.2.2 Legumes1.2.3 Cereals1.2.4 Nuts1.2.5 Seeds1.2.6 Other1.3 Plant Based Milk Segment by Application1.3.1 Plant Based Milk Sales Comparison by Application: (2021-2027)1.3.2 Supermarkets and Hypermarkets1.3.3 Specialist Retailers1.3.4 Online Retailers1.3.5 Other1.4 Global Plant Based Milk Market Size Estimates and Forecasts1.4.1 Global Plant Based Milk Revenue 2016-20271.4.2 Global Plant Based Milk Sales 2016-20271.4.3 Plant Based Milk Market Size by Region: 2016 Versus 2021 Versus 20272 Plant Based Milk Market Competition by Manufacturers2.1 Global Plant Based Milk Sales Market Share by Manufacturers (2016-2021)2.2 Global Plant Based Milk Revenue Market Share by Manufacturers (2016-2021)2.3 Global Plant Based Milk Average Price by Manufacturers (2016-2021)2.4 Manufacturers Plant Based Milk Manufacturing Sites, Area Served, Product Type2.5 Plant Based Milk Market Competitive Situation and Trends2.5.1 Plant Based Milk Market Concentration Rate2.5.2 The Global Top 5 and Top 10 Largest Plant Based Milk Players Market Share by Revenue2.5.3 Global Plant Based MilIf You Have Any Question Related To This Report Contact Us @ https://www.grandresearchstore.com/enquire-now/global-plant-based-milk-2021-513CONTACT US:276 5th Avenue, New York, NY 10001, United StatesInternational: +1(646)-781-7170 / +91 8087042414Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/grand-research-store
