The global Dairy Alternatives market size is predicted to grow from US$ 32140 million in 2025 to US$ 64500 million in 2031; it is expected to grow at a CAGR of 12.3% from 2025 to 2031.
Dairy Alternative is a cruelty-free alternative. In addition to being more humane than cow’s milk, soy-, rice-, and nut-based milks and cheeses are generally lower in fat and calories and contain no cholesterol.
Global key players of dairy alternatives include Danone, Oatly, Vitasoy, Dali Foods Group and SunOpta ,etc. The top five players hold a share about 21%. Asia-Pacific is the region with the largest share, which has a share about 41%, followed by North America, with share about 26%. In terms of product, milk alternatives is the largest segment, with a share about 59%. And in terms of application, the largest application is retail, which has a share about 72%.
The “Dairy Alternatives Industry Forecast” looks at past sales and reviews total world Dairy Alternatives sales in 2024, providing a comprehensive analysis by region and market sector of projected Dairy Alternatives sales for 2025 through 2031. With Dairy Alternatives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Dairy Alternatives industry.
This Insight Report provides a comprehensive analysis of the global Dairy Alternatives landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Dairy Alternatives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Dairy Alternatives market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Dairy Alternatives and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Dairy Alternatives.
This report presents a comprehensive overview, market shares, and growth opportunities of Dairy Alternatives market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Milk Alternatives
Butter Alternatives
Cheese Alternatives
Yogurt Alternatives
Ice Cream Alternatives
Others
Segmentation by Application:
Retail
Food Service
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Danone
Blue Diamond Growers
Oatly
Kikkoman Corporation
Califia Farms
Earth’s Own Food Company
Ezaki Glico
SunOpta
Blue Diamond Growers
Ventura Foods
Kerry Group
V V Food & Beverage Co.,Ltd.
Dali Foods Group
Vitasoy
Upfield
Miyoko’s Creamery
Naturli’ Foods
Jindilli Beverages (milkadamia)
Marusan-Ai Co. Ltd
Ripple Foods
Campbell Soup Company
Nutrisoya Foods
Elmhurst Milked Direct
Panos Brands
Melt Organic
Flora
Key Questions Addressed in this Report
What is the 10-year outlook for the global Dairy Alternatives market?
What factors are driving Dairy Alternatives market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Dairy Alternatives market opportunities vary by end market size?
How does Dairy Alternatives break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Dairy Alternatives Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Dairy Alternatives by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Dairy Alternatives by Country/Region, 2020, 2024 & 2031
2.2 Dairy Alternatives Segment by Type
2.2.1 Milk Alternatives
2.2.2 Butter Alternatives
2.2.3 Cheese Alternatives
2.2.4 Yogurt Alternatives
2.2.5 Ice Cream Alternatives
2.2.6 Others
2.3 Dairy Alternatives Sales by Type
2.3.1 Global Dairy Alternatives Sales Market Share by Type (2020-2025)
2.3.2 Global Dairy Alternatives Revenue and Market Share by Type (2020-2025)
2.3.3 Global Dairy Alternatives Sale Price by Type (2020-2025)
2.4 Dairy Alternatives Segment by Application
2.4.1 Retail
2.4.2 Food Service
2.5 Dairy Alternatives Sales by Application
2.5.1 Global Dairy Alternatives Sale Market Share by Application (2020-2025)
2.5.2 Global Dairy Alternatives Revenue and Market Share by Application (2020-2025)
2.5.3 Global Dairy Alternatives Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Dairy Alternatives Breakdown Data by Company
3.1.1 Global Dairy Alternatives Annual Sales by Company (2020-2025)
3.1.2 Global Dairy Alternatives Sales Market Share by Company (2020-2025)
3.2 Global Dairy Alternatives Annual Revenue by Company (2020-2025)
3.2.1 Global Dairy Alternatives Revenue by Company (2020-2025)
3.2.2 Global Dairy Alternatives Revenue Market Share by Company (2020-2025)
3.3 Global Dairy Alternatives Sale Price by Company
3.4 Key Manufacturers Dairy Alternatives Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Dairy Alternatives Product Location Distribution
3.4.2 Players Dairy Alternatives Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Dairy Alternatives by Geographic Region
4.1 World Historic Dairy Alternatives Market Size by Geographic Region (2020-2025)
4.1.1 Global Dairy Alternatives Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Dairy Alternatives Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Dairy Alternatives Market Size by Country/Region (2020-2025)
4.2.1 Global Dairy Alternatives Annual Sales by Country/Region (2020-2025)
4.2.2 Global Dairy Alternatives Annual Revenue by Country/Region (2020-2025)
4.3 Americas Dairy Alternatives Sales Growth
4.4 APAC Dairy Alternatives Sales Growth
4.5 Europe Dairy Alternatives Sales Growth
4.6 Middle East & Africa Dairy Alternatives Sales Growth
5 Americas
5.1 Americas Dairy Alternatives Sales by Country
5.1.1 Americas Dairy Alternatives Sales by Country (2020-2025)
5.1.2 Americas Dairy Alternatives Revenue by Country (2020-2025)
5.2 Americas Dairy Alternatives Sales by Type (2020-2025)
5.3 Americas Dairy Alternatives Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Dairy Alternatives Sales by Region
6.1.1 APAC Dairy Alternatives Sales by Region (2020-2025)
6.1.2 APAC Dairy Alternatives Revenue by Region (2020-2025)
6.2 APAC Dairy Alternatives Sales by Type (2020-2025)
6.3 APAC Dairy Alternatives Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Dairy Alternatives by Country
7.1.1 Europe Dairy Alternatives Sales by Country (2020-2025)
7.1.2 Europe Dairy Alternatives Revenue by Country (2020-2025)
7.2 Europe Dairy Alternatives Sales by Type (2020-2025)
7.3 Europe Dairy Alternatives Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Dairy Alternatives by Country
8.1.1 Middle East & Africa Dairy Alternatives Sales by Country (2020-2025)
8.1.2 Middle East & Africa Dairy Alternatives Revenue by Country (2020-2025)
8.2 Middle East & Africa Dairy Alternatives Sales by Type (2020-2025)
8.3 Middle East & Africa Dairy Alternatives Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Dairy Alternatives
10.3 Manufacturing Process Analysis of Dairy Alternatives
10.4 Industry Chain Structure of Dairy Alternatives
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Dairy Alternatives Distributors
11.3 Dairy Alternatives Customer
12 World Forecast Review for Dairy Alternatives by Geographic Region
12.1 Global Dairy Alternatives Market Size Forecast by Region
12.1.1 Global Dairy Alternatives Forecast by Region (2026-2031)
12.1.2 Global Dairy Alternatives Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Dairy Alternatives Forecast by Type (2026-2031)
12.7 Global Dairy Alternatives Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Danone
13.1.1 Danone Company Information
13.1.2 Danone Dairy Alternatives Product Portfolios and Specifications
13.1.3 Danone Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Danone Main Business Overview
13.1.5 Danone Latest Developments
13.2 Blue Diamond Growers
13.2.1 Blue Diamond Growers Company Information
13.2.2 Blue Diamond Growers Dairy Alternatives Product Portfolios and Specifications
13.2.3 Blue Diamond Growers Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Blue Diamond Growers Main Business Overview
13.2.5 Blue Diamond Growers Latest Developments
13.3 Oatly
13.3.1 Oatly Company Information
13.3.2 Oatly Dairy Alternatives Product Portfolios and Specifications
13.3.3 Oatly Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Oatly Main Business Overview
13.3.5 Oatly Latest Developments
13.4 Kikkoman Corporation
13.4.1 Kikkoman Corporation Company Information
13.4.2 Kikkoman Corporation Dairy Alternatives Product Portfolios and Specifications
13.4.3 Kikkoman Corporation Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Kikkoman Corporation Main Business Overview
13.4.5 Kikkoman Corporation Latest Developments
13.5 Califia Farms
13.5.1 Califia Farms Company Information
13.5.2 Califia Farms Dairy Alternatives Product Portfolios and Specifications
13.5.3 Califia Farms Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Califia Farms Main Business Overview
13.5.5 Califia Farms Latest Developments
13.6 Earth’s Own Food Company
13.6.1 Earth’s Own Food Company Company Information
13.6.2 Earth’s Own Food Company Dairy Alternatives Product Portfolios and Specifications
13.6.3 Earth’s Own Food Company Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Earth’s Own Food Company Main Business Overview
13.6.5 Earth’s Own Food Company Latest Developments
13.7 Ezaki Glico
13.7.1 Ezaki Glico Company Information
13.7.2 Ezaki Glico Dairy Alternatives Product Portfolios and Specifications
13.7.3 Ezaki Glico Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Ezaki Glico Main Business Overview
13.7.5 Ezaki Glico Latest Developments
13.8 SunOpta
13.8.1 SunOpta Company Information
13.8.2 SunOpta Dairy Alternatives Product Portfolios and Specifications
13.8.3 SunOpta Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 SunOpta Main Business Overview
13.8.5 SunOpta Latest Developments
13.9 Blue Diamond Growers
13.9.1 Blue Diamond Growers Company Information
13.9.2 Blue Diamond Growers Dairy Alternatives Product Portfolios and Specifications
13.9.3 Blue Diamond Growers Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Blue Diamond Growers Main Business Overview
13.9.5 Blue Diamond Growers Latest Developments
13.10 Ventura Foods
13.10.1 Ventura Foods Company Information
13.10.2 Ventura Foods Dairy Alternatives Product Portfolios and Specifications
13.10.3 Ventura Foods Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Ventura Foods Main Business Overview
13.10.5 Ventura Foods Latest Developments
13.11 Kerry Group
13.11.1 Kerry Group Company Information
13.11.2 Kerry Group Dairy Alternatives Product Portfolios and Specifications
13.11.3 Kerry Group Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Kerry Group Main Business Overview
13.11.5 Kerry Group Latest Developments
13.12 V V Food & Beverage Co.,Ltd.
13.12.1 V V Food & Beverage Co.,Ltd. Company Information
13.12.2 V V Food & Beverage Co.,Ltd. Dairy Alternatives Product Portfolios and Specifications
13.12.3 V V Food & Beverage Co.,Ltd. Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 V V Food & Beverage Co.,Ltd. Main Business Overview
13.12.5 V V Food & Beverage Co.,Ltd. Latest Developments
13.13 Dali Foods Group
13.13.1 Dali Foods Group Company Information
13.13.2 Dali Foods Group Dairy Alternatives Product Portfolios and Specifications
13.13.3 Dali Foods Group Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Dali Foods Group Main Business Overview
13.13.5 Dali Foods Group Latest Developments
13.14 Vitasoy
13.14.1 Vitasoy Company Information
13.14.2 Vitasoy Dairy Alternatives Product Portfolios and Specifications
13.14.3 Vitasoy Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Vitasoy Main Business Overview
13.14.5 Vitasoy Latest Developments
13.15 Upfield
13.15.1 Upfield Company Information
13.15.2 Upfield Dairy Alternatives Product Portfolios and Specifications
13.15.3 Upfield Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Upfield Main Business Overview
13.15.5 Upfield Latest Developments
13.16 Miyoko’s Creamery
13.16.1 Miyoko’s Creamery Company Information
13.16.2 Miyoko’s Creamery Dairy Alternatives Product Portfolios and Specifications
13.16.3 Miyoko’s Creamery Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Miyoko’s Creamery Main Business Overview
13.16.5 Miyoko’s Creamery Latest Developments
13.17 Naturli’ Foods
13.17.1 Naturli’ Foods Company Information
13.17.2 Naturli’ Foods Dairy Alternatives Product Portfolios and Specifications
13.17.3 Naturli’ Foods Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Naturli’ Foods Main Business Overview
13.17.5 Naturli’ Foods Latest Developments
13.18 Jindilli Beverages (milkadamia)
13.18.1 Jindilli Beverages (milkadamia) Company Information
13.18.2 Jindilli Beverages (milkadamia) Dairy Alternatives Product Portfolios and Specifications
13.18.3 Jindilli Beverages (milkadamia) Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Jindilli Beverages (milkadamia) Main Business Overview
13.18.5 Jindilli Beverages (milkadamia) Latest Developments
13.19 Marusan-Ai Co. Ltd
13.19.1 Marusan-Ai Co. Ltd Company Information
13.19.2 Marusan-Ai Co. Ltd Dairy Alternatives Product Portfolios and Specifications
13.19.3 Marusan-Ai Co. Ltd Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 Marusan-Ai Co. Ltd Main Business Overview
13.19.5 Marusan-Ai Co. Ltd Latest Developments
13.20 Ripple Foods
13.20.1 Ripple Foods Company Information
13.20.2 Ripple Foods Dairy Alternatives Product Portfolios and Specifications
13.20.3 Ripple Foods Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.20.4 Ripple Foods Main Business Overview
13.20.5 Ripple Foods Latest Developments
13.21 Campbell Soup Company
13.21.1 Campbell Soup Company Company Information
13.21.2 Campbell Soup Company Dairy Alternatives Product Portfolios and Specifications
13.21.3 Campbell Soup Company Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.21.4 Campbell Soup Company Main Business Overview
13.21.5 Campbell Soup Company Latest Developments
13.22 Nutrisoya Foods
13.22.1 Nutrisoya Foods Company Information
13.22.2 Nutrisoya Foods Dairy Alternatives Product Portfolios and Specifications
13.22.3 Nutrisoya Foods Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.22.4 Nutrisoya Foods Main Business Overview
13.22.5 Nutrisoya Foods Latest Developments
13.23 Elmhurst Milked Direct
13.23.1 Elmhurst Milked Direct Company Information
13.23.2 Elmhurst Milked Direct Dairy Alternatives Product Portfolios and Specifications
13.23.3 Elmhurst Milked Direct Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.23.4 Elmhurst Milked Direct Main Business Overview
13.23.5 Elmhurst Milked Direct Latest Developments
13.24 Panos Brands
13.24.1 Panos Brands Company Information
13.24.2 Panos Brands Dairy Alternatives Product Portfolios and Specifications
13.24.3 Panos Brands Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.24.4 Panos Brands Main Business Overview
13.24.5 Panos Brands Latest Developments
13.25 Melt Organic
13.25.1 Melt Organic Company Information
13.25.2 Melt Organic Dairy Alternatives Product Portfolios and Specifications
13.25.3 Melt Organic Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.25.4 Melt Organic Main Business Overview
13.25.5 Melt Organic Latest Developments
13.26 Flora
13.26.1 Flora Company Information
13.26.2 Flora Dairy Alternatives Product Portfolios and Specifications
13.26.3 Flora Dairy Alternatives Sales, Revenue, Price and Gross Margin (2020-2025)
13.26.4 Flora Main Business Overview
13.26.5 Flora Latest Developments
14 Research Findings and Conclusion
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*If Applicable.