Plant-based Dairy Market Size, Growth, Trends | Industry Report, 2021– 2031

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The plant based dairy market revenue totalled US$ 11 Bn for 2020, according to Fact.MR- a market research and competitive intelligence provider. The overall plant based dairy market is expected to reach US$ 32 Bn by 2031 end, growing at a CAGR of around 11%. The demand for plant based dairy product will accelerate with top 5 providers holding 65% of plant based dairy market in 2021.

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Key Players in Plant-based Dairy Market

  • Danone SA.
  • Lactalis
  • Arla Foods
  • Chobani
  • General Mills
  • Saputo
  • Unilever
  • Kraft Heinz
  • Nestle


Key Plant-based Dairy Market Survey Highlights and Projections

  • Fact.MR analysis provides Plant-based Dairy Market demand-supply assessment, revealing Plant-based Dairy Market sales to grow from US$ 11 Bn in 2020 to US$ 32 Mn in 2031
  • The report provides sales outlook on Plant-based Dairy Market, opining Plant-based Dairy Market revenues to register a CAGR of 11% during 2021-2031
  • Plant-based Dairy Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
  • Plant-based Dairy Market demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth
  • Japan and South Korea Plant-based Dairy Market demand likely to grow at a steady clip during 2021-2031


Report Benefits & Key Questions Answered

  • Plant-based Dairy Market Company & brand share analysis: Company and brand share analysis on Plant-based Dairy Market reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
  • Plant-based Dairy Market Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Plant-based Dairy Market
  • Plant-based Dairy Market Category & segment level analysis: Fact.MR’s Plant-based Dairy Market sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.
  • Plant-based Dairy Market Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers
  • Post COVID consumer spending on Plant-based Dairy Market: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior
  • Manufacturing trend analysis: Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments


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What insights does the Plant-based Dairy Market report provide to the readers?

  • Plant-based Dairy Market fragmentation on the basis of product type, end use, and region.
  • Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
  • Collaborations, R&D projects, acquisitions, and product launches of each Plant-based Dairy Market player.
  • Various regulations imposed by the governments on the consumption of Plant-based Dairy Market in detail.


Market Segmentation

  • Product
    • Plant Based Milk (by Protein Source)
      • Almonds
      • Cashews
      • Coconuts
      • Hazelnuts
      • Oats
      • Rice
      • Soy
      • Flax
      • Hemp
      • Macadamia
      • Peanuts
      • Pistachios
      • Quinoa
      • Sesame
      • Others
    • Plant Based Frozen Desserts (by Protein Source)
      • Avocados
      • Oats
      • Cashews
      • Soy
      • Almonds
      • Coconuts
    • Plant Based Butter (by Form)
      • Sticks
      • Spread
    • Plant Based Creamers (by Protein Source)
      • Soy
      • Coconuts
      • Almonds
      • Others
    • Plant Based Yogurt (by Protein Source)
      • Oats
      • Cashews
      • Soy
      • Almonds
      • Coconuts
      • Others
    • Plant Based Cheese (by Form)
      • Blocks and Wedges
      • Creams, Sauces and Spreads
      • Shredded and Crated
      • Sliced
  • Nature
    • Organic Plant Based Dairy
    • Conventional Plant Based Dairy
  • End Use
    • Plant Based Dairy for B2B Consumers
      • Bakery and Confectionary
      • Snacks and Savouries
      • Ready Meals
      • HoReCa
      • Other Food Products
    • Plant Based Dairy for B2C Consumers
      • HoReCa
      • Household
  • Sales Channel
    • Plant Based Dairy Sales through Direct Channels
    • Plant Based Dairy Sales through Retail Channels
      • Supermarkets and Hypermarkets
      • Convenience Stores
      • Independent Grocery Stores
      • Specialty Stores
      • Online Stores


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