The global Dairy-Free Milk Substitute market size was valued at US$ 18920 million in 2024 and is forecast to a readjusted size of USD 32850 million by 2031 with a CAGR of 8.3% during review period.
Plant milk, also known as non-dairy milk, has been consumed for centuries in various cultures, both as a regular drink and as a substitute for dairy milk.
The increase in cases of lactose intolerance and milk allergies, growing investments in plant-based milk market, an increasing vegan and vegetarian population, and nutritional benefits of plant-based milk and the increasing adoption of Dairy-Free Milk Substitute in developing countries will drive growth in global market.
This report is a detailed and comprehensive analysis for global Dairy-Free Milk Substitute market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Dairy-Free Milk Substitute market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031
Global Dairy-Free Milk Substitute market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031
Global Dairy-Free Milk Substitute market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031
Global Dairy-Free Milk Substitute market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (US$/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Dairy-Free Milk Substitute
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Dairy-Free Milk Substitute market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Ripple Foods, Danone, Blue Diamond Growers, Oatly, SunOpta, Califia Farms, VV Group, Dali Group, Noumi, Kikkoman Corporation, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Dairy-Free Milk Substitute market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Soy Milk
Almond Milk
Rice Milk
Coconut Milk
Oats Milk
Others
Market segment by Application
Desserts
Bakery
Confectionery
Beverages
Others
Major players covered
Ripple Foods
Danone
Blue Diamond Growers
Oatly
SunOpta
Califia Farms
VV Group
Dali Group
Noumi
Kikkoman Corporation
Earth’s Own
Coconut Palm Group
Nanguo
Yinlu
Vitasoy
Yili
Mengniu
Ezaki Glico
Marusan-Ai
Campbell Soup Company
Nutrisoya Foods
Wangwang
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Dairy-Free Milk Substitute product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Dairy-Free Milk Substitute, with price, sales quantity, revenue, and global market share of Dairy-Free Milk Substitute from 2020 to 2025.
Chapter 3, the Dairy-Free Milk Substitute competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Dairy-Free Milk Substitute breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Dairy-Free Milk Substitute market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Dairy-Free Milk Substitute.
Chapter 14 and 15, to describe Dairy-Free Milk Substitute sales channel, distributors, customers, research findings and conclusion.
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1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Dairy-Free Milk Substitute Consumption Value by Type: 2020 Versus 2024 Versus 2031
1.3.2 Soy Milk
1.3.3 Almond Milk
1.3.4 Rice Milk
1.3.5 Coconut Milk
1.3.6 Oats Milk
1.3.7 Others
1.4 Market Analysis by Application
1.4.1 Overview: Global Dairy-Free Milk Substitute Consumption Value by Application: 2020 Versus 2024 Versus 2031
1.4.2 Desserts
1.4.3 Bakery
1.4.4 Confectionery
1.4.5 Beverages
1.4.6 Others
1.5 Global Dairy-Free Milk Substitute Market Size & Forecast
1.5.1 Global Dairy-Free Milk Substitute Consumption Value (2020 & 2024 & 2031)
1.5.2 Global Dairy-Free Milk Substitute Sales Quantity (2020-2031)
1.5.3 Global Dairy-Free Milk Substitute Average Price (2020-2031)
2 Manufacturers Profiles
2.1 Ripple Foods
2.1.1 Ripple Foods Details
2.1.2 Ripple Foods Major Business
2.1.3 Ripple Foods Dairy-Free Milk Substitute Product and Services
2.1.4 Ripple Foods Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 Ripple Foods Recent Developments/Updates
2.2 Danone
2.2.1 Danone Details
2.2.2 Danone Major Business
2.2.3 Danone Dairy-Free Milk Substitute Product and Services
2.2.4 Danone Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 Danone Recent Developments/Updates
2.3 Blue Diamond Growers
2.3.1 Blue Diamond Growers Details
2.3.2 Blue Diamond Growers Major Business
2.3.3 Blue Diamond Growers Dairy-Free Milk Substitute Product and Services
2.3.4 Blue Diamond Growers Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 Blue Diamond Growers Recent Developments/Updates
2.4 Oatly
2.4.1 Oatly Details
2.4.2 Oatly Major Business
2.4.3 Oatly Dairy-Free Milk Substitute Product and Services
2.4.4 Oatly Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 Oatly Recent Developments/Updates
2.5 SunOpta
2.5.1 SunOpta Details
2.5.2 SunOpta Major Business
2.5.3 SunOpta Dairy-Free Milk Substitute Product and Services
2.5.4 SunOpta Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 SunOpta Recent Developments/Updates
2.6 Califia Farms
2.6.1 Califia Farms Details
2.6.2 Califia Farms Major Business
2.6.3 Califia Farms Dairy-Free Milk Substitute Product and Services
2.6.4 Califia Farms Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Califia Farms Recent Developments/Updates
2.7 VV Group
2.7.1 VV Group Details
2.7.2 VV Group Major Business
2.7.3 VV Group Dairy-Free Milk Substitute Product and Services
2.7.4 VV Group Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 VV Group Recent Developments/Updates
2.8 Dali Group
2.8.1 Dali Group Details
2.8.2 Dali Group Major Business
2.8.3 Dali Group Dairy-Free Milk Substitute Product and Services
2.8.4 Dali Group Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 Dali Group Recent Developments/Updates
2.9 Noumi
2.9.1 Noumi Details
2.9.2 Noumi Major Business
2.9.3 Noumi Dairy-Free Milk Substitute Product and Services
2.9.4 Noumi Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 Noumi Recent Developments/Updates
2.10 Kikkoman Corporation
2.10.1 Kikkoman Corporation Details
2.10.2 Kikkoman Corporation Major Business
2.10.3 Kikkoman Corporation Dairy-Free Milk Substitute Product and Services
2.10.4 Kikkoman Corporation Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 Kikkoman Corporation Recent Developments/Updates
2.11 Earth’s Own
2.11.1 Earth’s Own Details
2.11.2 Earth’s Own Major Business
2.11.3 Earth’s Own Dairy-Free Milk Substitute Product and Services
2.11.4 Earth’s Own Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 Earth’s Own Recent Developments/Updates
2.12 Coconut Palm Group
2.12.1 Coconut Palm Group Details
2.12.2 Coconut Palm Group Major Business
2.12.3 Coconut Palm Group Dairy-Free Milk Substitute Product and Services
2.12.4 Coconut Palm Group Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.12.5 Coconut Palm Group Recent Developments/Updates
2.13 Nanguo
2.13.1 Nanguo Details
2.13.2 Nanguo Major Business
2.13.3 Nanguo Dairy-Free Milk Substitute Product and Services
2.13.4 Nanguo Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.13.5 Nanguo Recent Developments/Updates
2.14 Yinlu
2.14.1 Yinlu Details
2.14.2 Yinlu Major Business
2.14.3 Yinlu Dairy-Free Milk Substitute Product and Services
2.14.4 Yinlu Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.14.5 Yinlu Recent Developments/Updates
2.15 Vitasoy
2.15.1 Vitasoy Details
2.15.2 Vitasoy Major Business
2.15.3 Vitasoy Dairy-Free Milk Substitute Product and Services
2.15.4 Vitasoy Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.15.5 Vitasoy Recent Developments/Updates
2.16 Yili
2.16.1 Yili Details
2.16.2 Yili Major Business
2.16.3 Yili Dairy-Free Milk Substitute Product and Services
2.16.4 Yili Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.16.5 Yili Recent Developments/Updates
2.17 Mengniu
2.17.1 Mengniu Details
2.17.2 Mengniu Major Business
2.17.3 Mengniu Dairy-Free Milk Substitute Product and Services
2.17.4 Mengniu Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.17.5 Mengniu Recent Developments/Updates
2.18 Ezaki Glico
2.18.1 Ezaki Glico Details
2.18.2 Ezaki Glico Major Business
2.18.3 Ezaki Glico Dairy-Free Milk Substitute Product and Services
2.18.4 Ezaki Glico Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.18.5 Ezaki Glico Recent Developments/Updates
2.19 Marusan-Ai
2.19.1 Marusan-Ai Details
2.19.2 Marusan-Ai Major Business
2.19.3 Marusan-Ai Dairy-Free Milk Substitute Product and Services
2.19.4 Marusan-Ai Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.19.5 Marusan-Ai Recent Developments/Updates
2.20 Campbell Soup Company
2.20.1 Campbell Soup Company Details
2.20.2 Campbell Soup Company Major Business
2.20.3 Campbell Soup Company Dairy-Free Milk Substitute Product and Services
2.20.4 Campbell Soup Company Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.20.5 Campbell Soup Company Recent Developments/Updates
2.21 Nutrisoya Foods
2.21.1 Nutrisoya Foods Details
2.21.2 Nutrisoya Foods Major Business
2.21.3 Nutrisoya Foods Dairy-Free Milk Substitute Product and Services
2.21.4 Nutrisoya Foods Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.21.5 Nutrisoya Foods Recent Developments/Updates
2.22 Wangwang
2.22.1 Wangwang Details
2.22.2 Wangwang Major Business
2.22.3 Wangwang Dairy-Free Milk Substitute Product and Services
2.22.4 Wangwang Dairy-Free Milk Substitute Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.22.5 Wangwang Recent Developments/Updates
3 Competitive Environment: Dairy-Free Milk Substitute by Manufacturer
3.1 Global Dairy-Free Milk Substitute Sales Quantity by Manufacturer (2020-2025)
3.2 Global Dairy-Free Milk Substitute Revenue by Manufacturer (2020-2025)
3.3 Global Dairy-Free Milk Substitute Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
3.4.1 Producer Shipments of Dairy-Free Milk Substitute by Manufacturer Revenue ($MM) and Market Share (%): 2024
3.4.2 Top 3 Dairy-Free Milk Substitute Manufacturer Market Share in 2024
3.4.3 Top 6 Dairy-Free Milk Substitute Manufacturer Market Share in 2024
3.5 Dairy-Free Milk Substitute Market: Overall Company Footprint Analysis
3.5.1 Dairy-Free Milk Substitute Market: Region Footprint
3.5.2 Dairy-Free Milk Substitute Market: Company Product Type Footprint
3.5.3 Dairy-Free Milk Substitute Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Dairy-Free Milk Substitute Market Size by Region
4.1.1 Global Dairy-Free Milk Substitute Sales Quantity by Region (2020-2031)
4.1.2 Global Dairy-Free Milk Substitute Consumption Value by Region (2020-2031)
4.1.3 Global Dairy-Free Milk Substitute Average Price by Region (2020-2031)
4.2 North America Dairy-Free Milk Substitute Consumption Value (2020-2031)
4.3 Europe Dairy-Free Milk Substitute Consumption Value (2020-2031)
4.4 Asia-Pacific Dairy-Free Milk Substitute Consumption Value (2020-2031)
4.5 South America Dairy-Free Milk Substitute Consumption Value (2020-2031)
4.6 Middle East & Africa Dairy-Free Milk Substitute Consumption Value (2020-2031)
5 Market Segment by Type
5.1 Global Dairy-Free Milk Substitute Sales Quantity by Type (2020-2031)
5.2 Global Dairy-Free Milk Substitute Consumption Value by Type (2020-2031)
5.3 Global Dairy-Free Milk Substitute Average Price by Type (2020-2031)
6 Market Segment by Application
6.1 Global Dairy-Free Milk Substitute Sales Quantity by Application (2020-2031)
6.2 Global Dairy-Free Milk Substitute Consumption Value by Application (2020-2031)
6.3 Global Dairy-Free Milk Substitute Average Price by Application (2020-2031)
7 North America
7.1 North America Dairy-Free Milk Substitute Sales Quantity by Type (2020-2031)
7.2 North America Dairy-Free Milk Substitute Sales Quantity by Application (2020-2031)
7.3 North America Dairy-Free Milk Substitute Market Size by Country
7.3.1 North America Dairy-Free Milk Substitute Sales Quantity by Country (2020-2031)
7.3.2 North America Dairy-Free Milk Substitute Consumption Value by Country (2020-2031)
7.3.3 United States Market Size and Forecast (2020-2031)
7.3.4 Canada Market Size and Forecast (2020-2031)
7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
8.1 Europe Dairy-Free Milk Substitute Sales Quantity by Type (2020-2031)
8.2 Europe Dairy-Free Milk Substitute Sales Quantity by Application (2020-2031)
8.3 Europe Dairy-Free Milk Substitute Market Size by Country
8.3.1 Europe Dairy-Free Milk Substitute Sales Quantity by Country (2020-2031)
8.3.2 Europe Dairy-Free Milk Substitute Consumption Value by Country (2020-2031)
8.3.3 Germany Market Size and Forecast (2020-2031)
8.3.4 France Market Size and Forecast (2020-2031)
8.3.5 United Kingdom Market Size and Forecast (2020-2031)
8.3.6 Russia Market Size and Forecast (2020-2031)
8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
9.1 Asia-Pacific Dairy-Free Milk Substitute Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Dairy-Free Milk Substitute Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Dairy-Free Milk Substitute Market Size by Region
9.3.1 Asia-Pacific Dairy-Free Milk Substitute Sales Quantity by Region (2020-2031)
9.3.2 Asia-Pacific Dairy-Free Milk Substitute Consumption Value by Region (2020-2031)
9.3.3 China Market Size and Forecast (2020-2031)
9.3.4 Japan Market Size and Forecast (2020-2031)
9.3.5 South Korea Market Size and Forecast (2020-2031)
9.3.6 India Market Size and Forecast (2020-2031)
9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
10.1 South America Dairy-Free Milk Substitute Sales Quantity by Type (2020-2031)
10.2 South America Dairy-Free Milk Substitute Sales Quantity by Application (2020-2031)
10.3 South America Dairy-Free Milk Substitute Market Size by Country
10.3.1 South America Dairy-Free Milk Substitute Sales Quantity by Country (2020-2031)
10.3.2 South America Dairy-Free Milk Substitute Consumption Value by Country (2020-2031)
10.3.3 Brazil Market Size and Forecast (2020-2031)
10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
11.1 Middle East & Africa Dairy-Free Milk Substitute Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Dairy-Free Milk Substitute Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Dairy-Free Milk Substitute Market Size by Country
11.3.1 Middle East & Africa Dairy-Free Milk Substitute Sales Quantity by Country (2020-2031)
11.3.2 Middle East & Africa Dairy-Free Milk Substitute Consumption Value by Country (2020-2031)
11.3.3 Turkey Market Size and Forecast (2020-2031)
11.3.4 Egypt Market Size and Forecast (2020-2031)
11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
12.1 Dairy-Free Milk Substitute Market Drivers
12.2 Dairy-Free Milk Substitute Market Restraints
12.3 Dairy-Free Milk Substitute Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Dairy-Free Milk Substitute and Key Manufacturers
13.2 Manufacturing Costs Percentage of Dairy-Free Milk Substitute
13.3 Dairy-Free Milk Substitute Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Dairy-Free Milk Substitute Typical Distributors
14.3 Dairy-Free Milk Substitute Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Ripple Foods
Danone
Blue Diamond Growers
Oatly
SunOpta
Califia Farms
VV Group
Dali Group
Noumi
Kikkoman Corporation
Earth’s Own
Coconut Palm Group
Nanguo
Yinlu
Vitasoy
Yili
Mengniu
Ezaki Glico
Marusan-Ai
Campbell Soup Company
Nutrisoya Foods
Wangwang
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*If Applicable.