Plant-based Milk - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Plant Based Milk Market is accounted for $14.00 billion in 2019 and is expected to reach $30.01 billion by 2027 growing at a CAGR of 10.0% during the forecast period. Growing concern regarding health and wellness and rise in diabetes, obesity, and other cardiovascular diseases are the major factors driving the market growth. However, tedious process of legal inspection is restraining the market growth.
Plant-based milk products can give extra nutritional content with a similar taste and flavor for the traditional consumers who are looking for the real taste of dairy in the plant-based milk which attracting them towards the utilization of plant-based milk rather than dairy milk.
Based on source, the oat milk segment is likely to have a huge demand as it is an environment & consumer-friendly product, having a lesser carbon footprint in contrast with dairy milk. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to increase in manufacturing and utilization of milk alternatives and rise in health-conscious consumers who are looking for healthy alternatives in the food and beverage products.
Some of the key players profiled in the Plant Based Milk Market include Alpina Foods, Blue Diamond Growers, Chef’s Choice Food Manufacturer Company Limited, Earth’s Own Food Company Inc, Edward & Sons, Freedom Foods Group Ltd, Groupe Danone, Hain Celestial Group, Keurig Dr. Pepper, Liwayway Holdings Company Limited, Mc Cormick & Co Goya Foods, Natura Foods Sunopta Inc, Pacific Foods of Oregon Inc, PepsiCo, SunOpta, The Bridge s.r.l. Kaslink Foods Oy Ltd, The Coca-Cola Company, The Hain Celestial Group Inc, The Hershey Company, Turtle Mountain LLC and Vitasoy International Holdings Limited.
Natures Covered:
• Conventional
• Organic
Formulations Covered:
• Regular
• Flavoured
Sources Covered:
• Almond Milk
• Coconut Milk
• Hemp Milk
• Oat Milk
• Rice Milk
• Soy Milk
Types Covered:
• Cereals
• Legumes
• Nuts
• Seeds
Distribution Channels Covered:
• Business to Business
• Business to Consumer
Applications Covered:
• Household/Retail
• Food and Beverage Industry
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Plant Based Milk Market, By Nature
5.1 Introduction
5.2 Conventional
5.3 Organic
6 Global Plant Based Milk Market, By Formulation
6.1 Introduction
6.2 Regular
6.3 Flavoured
6.3.1 Sweetened
6.3.2 Unsweetened
7 Global Plant Based Milk Market, By Source
7.1 Introduction
7.2 Almond Milk
7.3 Coconut Milk
7.4 Hemp Milk
7.5 Oat Milk
7.6 Rice Milk
7.7 Soy Milk
8 Global Plant Based Milk Market, By Type
8.1 Introduction
8.2 Cereals
8.3 Legumes
8.4 Nuts
8.5 Seeds
9 Global Plant Based Milk Market, By Distribution Channel
9.1 Introduction
9.2 Business to Business
9.3 Business to Consumer
9.3.1 Conventional Stores
9.3.2 Hypermarkets/Supermarkets
9.3.3 Online Retail
9.3.4 Pharmacies
9.3.5 Retail Stores
9.3.6 Specialty Stores
10 Global Plant Based Milk Market, By Application
10.1 Introduction
10.2 Household/Retail
10.3 Food and Beverage Industry
10.3.1 Café
10.3.2 Hotel
10.3.3 Restaurant
11 Global Plant Based Milk Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Alpina Foods
13.2 Blue Diamond Growers
13.3 Chef’s Choice Food Manufacturer Company Limited
13.4 Earth’s Own Food Company Inc
13.5 Edward & Sons
13.6 Freedom Foods Group Ltd
13.7 Groupe Danone
13.8 Hain Celestial Group
13.9 Keurig Dr. Pepper
13.10 Liwayway Holdings Company Limited
13.11 Mc Cormick & Co Goya Foods
13.12 Natura Foods Sunopta Inc
13.13 Pacific Foods of Oregon Inc
13.14 PepsiCo
13.15 SunOpta
13.17 The Bridge s.r.l. Kaslink Foods Oy Ltd
13.16 The Coca-Cola Company
13.17 The Hain Celestial Group Inc
13.18 The Hershey Company
13.19 Turtle Mountain LLC
13.20 Vitasoy International Holdings Limited
List of Tables
1 Global Plant Based Milk Market Outlook, By Region (2018-2027) ($MN)
2 Global Plant Based Milk Market Outlook, By Nature (2018-2027) ($MN)
3 Global Plant Based Milk Market Outlook, By Conventional (2018-2027) ($MN)
4 Global Plant Based Milk Market Outlook, By Organic (2018-2027) ($MN)
5 Global Plant Based Milk Market Outlook, By Formulation (2018-2027) ($MN)
6 Global Plant Based Milk Market Outlook, By Regular (2018-2027) ($MN)
7 Global Plant Based Milk Market Outlook, By Flavoured (2018-2027) ($MN)
8 Global Plant Based Milk Market Outlook, By Sweetened (2018-2027) ($MN)
9 Global Plant Based Milk Market Outlook, By Unsweetened (2018-2027) ($MN)
10 Global Plant Based Milk Market Outlook, By Source (2018-2027) ($MN)
11 Global Plant Based Milk Market Outlook, By Almond Milk (2018-2027) ($MN)
12 Global Plant Based Milk Market Outlook, By Coconut Milk (2018-2027) ($MN)
13 Global Plant Based Milk Market Outlook, By Hemp Milk (2018-2027) ($MN)
14 Global Plant Based Milk Market Outlook, By Oat Milk (2018-2027) ($MN)
15 Global Plant Based Milk Market Outlook, By Rice Milk (2018-2027) ($MN)
16 Global Plant Based Milk Market Outlook, By Soy Milk (2018-2027) ($MN)
17 Global Plant Based Milk Market Outlook, By Type (2018-2027) ($MN)
18 Global Plant Based Milk Market Outlook, By Cereals (2018-2027) ($MN)
19 Global Plant Based Milk Market Outlook, By Legumes (2018-2027) ($MN)
20 Global Plant Based Milk Market Outlook, By Nuts (2018-2027) ($MN)
21 Global Plant Based Milk Market Outlook, By Seeds (2018-2027) ($MN)
22 Global Plant Based Milk Market Outlook, By Distribution Channel (2018-2027) ($MN)
23 Global Plant Based Milk Market Outlook, By Business to Business (2018-2027) ($MN)
24 Global Plant Based Milk Market Outlook, By Business to Consumer (2018-2027) ($MN)
25 Global Plant Based Milk Market Outlook, By Conventional Stores (2018-2027) ($MN)
26 Global Plant Based Milk Market Outlook, By Hypermarkets/Supermarkets (2018-2027) ($MN)
27 Global Plant Based Milk Market Outlook, By Online Retail (2018-2027) ($MN)
28 Global Plant Based Milk Market Outlook, By Pharmacies (2018-2027) ($MN)
29 Global Plant Based Milk Market Outlook, By Retail Stores (2018-2027) ($MN)
30 Global Plant Based Milk Market Outlook, By Specialty Stores (2018-2027) ($MN)
31 Global Plant Based Milk Market Outlook, By Application (2018-2027) ($MN)
32 Global Plant Based Milk Market Outlook, By Household/Retail (2018-2027) ($MN)
33 Global Plant Based Milk Market Outlook, By Food and Beverage Industry (2018-2027) ($MN)
34 Global Plant Based Milk Market Outlook, By Café (2018-2027) ($MN)
35 Global Plant Based Milk Market Outlook, By Hotel (2018-2027) ($MN)
36 Global Plant Based Milk Market Outlook, By Restaurant (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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