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Global Milk Substitute Materials Market Research Report 2025

Global Milk Substitute Materials Market Research Report 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1679551

No of Pages : 102

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Synopsis
Milk Substitute Materials are extracts from sources such as soy, almonds, coconuts, oats, rice is a best alternative for dairy milk and other animal milk present in the market. Due to its high nutritional values and rich in vitamins, minerals, carbohydrates and proteins plant milk is widely accepted among consumers. It has various applications in food and beverage, dairy industry.
The global Milk Substitute Materials market was valued at US$ 12580 million in 2023 and is anticipated to reach US$ 40320 million by 2030, witnessing a CAGR of 17.8% during the forecast period 2024-2030.
Danone and Blue Diamond Growers are the top 2 manufacturers of milk substitute materials globally and account for over 20% of global market share in total. Geographically speaking, Asia-Pacific holds over 40% of global market share. In terms of raw material, soy and almond hold over half of total market share. In terms of end use, direct drink segment accounts for over 60% of total market share.
This report aims to provide a comprehensive presentation of the global market for Milk Substitute Materials, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Milk Substitute Materials.
Report Scope
The Milk Substitute Materials market size, estimations, and forecasts are provided in terms of sales volume (Million Liters) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Milk Substitute Materials market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Milk Substitute Materials manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Danone
Blue Diamond Growers
Oatly
Kikkoman Corporation
Califia Farms
Earth’s Own Food Company
Ezaki Glico
Ripple Foods
Marusan-Ai Co. Ltd
Campbell Soup Company
SunOpta
Nutrisoya Foods
Elmhurst Milked Direct
Panos Brands
Jindilli Beverages (milkadamia)
Segment by Type
Almond
Soy
Coconut
Rice
Oats
Others
Segment by Application
Direct Drink
Confectionery
Bakery
Ice Cream
Cheese
Others
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Milk Substitute Materials manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Milk Substitute Materials in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Index
1 Milk Substitute Materials Market Overview
1.1 Product Overview and Scope of Milk Substitute Materials
1.2 Milk Substitute Materials Segment by Type
1.2.1 Global Milk Substitute Materials Market Value Comparison by Type (2024-2030)
1.2.2 Almond
1.2.3 Soy
1.2.4 Coconut
1.2.5 Rice
1.2.6 Oats
1.2.7 Others
1.3 Milk Substitute Materials Segment by Application
1.3.1 Global Milk Substitute Materials Market Value by Application: (2024-2030)
1.3.2 Direct Drink
1.3.3 Confectionery
1.3.4 Bakery
1.3.5 Ice Cream
1.3.6 Cheese
1.3.7 Others
1.4 Global Milk Substitute Materials Market Size Estimates and Forecasts
1.4.1 Global Milk Substitute Materials Revenue 2019-2030
1.4.2 Global Milk Substitute Materials Sales 2019-2030
1.4.3 Global Milk Substitute Materials Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Milk Substitute Materials Market Competition by Manufacturers
2.1 Global Milk Substitute Materials Sales Market Share by Manufacturers (2019-2024)
2.2 Global Milk Substitute Materials Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Milk Substitute Materials Average Price by Manufacturers (2019-2024)
2.4 Global Milk Substitute Materials Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Milk Substitute Materials, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Milk Substitute Materials, Product Type & Application
2.7 Milk Substitute Materials Market Competitive Situation and Trends
2.7.1 Milk Substitute Materials Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Milk Substitute Materials Players Market Share by Revenue
2.7.3 Global Milk Substitute Materials Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Milk Substitute Materials Retrospective Market Scenario by Region
3.1 Global Milk Substitute Materials Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Milk Substitute Materials Global Milk Substitute Materials Sales by Region: 2019-2030
3.2.1 Global Milk Substitute Materials Sales by Region: 2019-2024
3.2.2 Global Milk Substitute Materials Sales by Region: 2025-2030
3.3 Global Milk Substitute Materials Global Milk Substitute Materials Revenue by Region: 2019-2030
3.3.1 Global Milk Substitute Materials Revenue by Region: 2019-2024
3.3.2 Global Milk Substitute Materials Revenue by Region: 2025-2030
3.4 North America Milk Substitute Materials Market Facts & Figures by Country
3.4.1 North America Milk Substitute Materials Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Milk Substitute Materials Sales by Country (2019-2030)
3.4.3 North America Milk Substitute Materials Revenue by Country (2019-2030)
3.4.4 United States
3.4.5 Canada
3.5 Europe Milk Substitute Materials Market Facts & Figures by Country
3.5.1 Europe Milk Substitute Materials Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Milk Substitute Materials Sales by Country (2019-2030)
3.5.3 Europe Milk Substitute Materials Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Milk Substitute Materials Market Facts & Figures by Country
3.6.1 Asia Pacific Milk Substitute Materials Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Milk Substitute Materials Sales by Country (2019-2030)
3.6.3 Asia Pacific Milk Substitute Materials Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 China Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.7 Latin America Milk Substitute Materials Market Facts & Figures by Country
3.7.1 Latin America Milk Substitute Materials Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Milk Substitute Materials Sales by Country (2019-2030)
3.7.3 Latin America Milk Substitute Materials Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Milk Substitute Materials Market Facts & Figures by Country
3.8.1 Middle East and Africa Milk Substitute Materials Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Milk Substitute Materials Sales by Country (2019-2030)
3.8.3 Middle East and Africa Milk Substitute Materials Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Milk Substitute Materials Sales by Type (2019-2030)
4.1.1 Global Milk Substitute Materials Sales by Type (2019-2024)
4.1.2 Global Milk Substitute Materials Sales by Type (2025-2030)
4.1.3 Global Milk Substitute Materials Sales Market Share by Type (2019-2030)
4.2 Global Milk Substitute Materials Revenue by Type (2019-2030)
4.2.1 Global Milk Substitute Materials Revenue by Type (2019-2024)
4.2.2 Global Milk Substitute Materials Revenue by Type (2025-2030)
4.2.3 Global Milk Substitute Materials Revenue Market Share by Type (2019-2030)
4.3 Global Milk Substitute Materials Price by Type (2019-2030)
5 Segment by Application
5.1 Global Milk Substitute Materials Sales by Application (2019-2030)
5.1.1 Global Milk Substitute Materials Sales by Application (2019-2024)
5.1.2 Global Milk Substitute Materials Sales by Application (2025-2030)
5.1.3 Global Milk Substitute Materials Sales Market Share by Application (2019-2030)
5.2 Global Milk Substitute Materials Revenue by Application (2019-2030)
5.2.1 Global Milk Substitute Materials Revenue by Application (2019-2024)
5.2.2 Global Milk Substitute Materials Revenue by Application (2025-2030)
5.2.3 Global Milk Substitute Materials Revenue Market Share by Application (2019-2030)
5.3 Global Milk Substitute Materials Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Danone
6.1.1 Danone Corporation Information
6.1.2 Danone Description and Business Overview
6.1.3 Danone Milk Substitute Materials Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Danone Milk Substitute Materials Product Portfolio
6.1.5 Danone Recent Developments/Updates
6.2 Blue Diamond Growers
6.2.1 Blue Diamond Growers Corporation Information
6.2.2 Blue Diamond Growers Description and Business Overview
6.2.3 Blue Diamond Growers Milk Substitute Materials Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Blue Diamond Growers Milk Substitute Materials Product Portfolio
6.2.5 Blue Diamond Growers Recent Developments/Updates
6.3 Oatly
6.3.1 Oatly Corporation Information
6.3.2 Oatly Description and Business Overview
6.3.3 Oatly Milk Substitute Materials Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Oatly Milk Substitute Materials Product Portfolio
6.3.5 Oatly Recent Developments/Updates
6.4 Kikkoman Corporation
6.4.1 Kikkoman Corporation Corporation Information
6.4.2 Kikkoman Corporation Description and Business Overview
6.4.3 Kikkoman Corporation Milk Substitute Materials Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Kikkoman Corporation Milk Substitute Materials Product Portfolio
6.4.5 Kikkoman Corporation Recent Developments/Updates
6.5 Califia Farms
6.5.1 Califia Farms Corporation Information
6.5.2 Califia Farms Description and Business Overview
6.5.3 Califia Farms Milk Substitute Materials Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Califia Farms Milk Substitute Materials Product Portfolio
6.5.5 Califia Farms Recent Developments/Updates
6.6 Earth’s Own Food Company
6.6.1 Earth’s Own Food Company Corporation Information
6.6.2 Earth’s Own Food Company Description and Business Overview
6.6.3 Earth’s Own Food Company Milk Substitute Materials Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Earth’s Own Food Company Milk Substitute Materials Product Portfolio
6.6.5 Earth’s Own Food Company Recent Developments/Updates
6.7 Ezaki Glico
6.6.1 Ezaki Glico Corporation Information
6.6.2 Ezaki Glico Description and Business Overview
6.6.3 Ezaki Glico Milk Substitute Materials Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Ezaki Glico Milk Substitute Materials Product Portfolio
6.7.5 Ezaki Glico Recent Developments/Updates
6.8 Ripple Foods
6.8.1 Ripple Foods Corporation Information
6.8.2 Ripple Foods Description and Business Overview
6.8.3 Ripple Foods Milk Substitute Materials Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Ripple Foods Milk Substitute Materials Product Portfolio
6.8.5 Ripple Foods Recent Developments/Updates
6.9 Marusan-Ai Co. Ltd
6.9.1 Marusan-Ai Co. Ltd Corporation Information
6.9.2 Marusan-Ai Co. Ltd Description and Business Overview
6.9.3 Marusan-Ai Co. Ltd Milk Substitute Materials Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Marusan-Ai Co. Ltd Milk Substitute Materials Product Portfolio
6.9.5 Marusan-Ai Co. Ltd Recent Developments/Updates
6.10 Campbell Soup Company
6.10.1 Campbell Soup Company Corporation Information
6.10.2 Campbell Soup Company Description and Business Overview
6.10.3 Campbell Soup Company Milk Substitute Materials Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Campbell Soup Company Milk Substitute Materials Product Portfolio
6.10.5 Campbell Soup Company Recent Developments/Updates
6.11 SunOpta
6.11.1 SunOpta Corporation Information
6.11.2 SunOpta Milk Substitute Materials Description and Business Overview
6.11.3 SunOpta Milk Substitute Materials Sales, Revenue and Gross Margin (2019-2024)
6.11.4 SunOpta Milk Substitute Materials Product Portfolio
6.11.5 SunOpta Recent Developments/Updates
6.12 Nutrisoya Foods
6.12.1 Nutrisoya Foods Corporation Information
6.12.2 Nutrisoya Foods Milk Substitute Materials Description and Business Overview
6.12.3 Nutrisoya Foods Milk Substitute Materials Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Nutrisoya Foods Milk Substitute Materials Product Portfolio
6.12.5 Nutrisoya Foods Recent Developments/Updates
6.13 Elmhurst Milked Direct
6.13.1 Elmhurst Milked Direct Corporation Information
6.13.2 Elmhurst Milked Direct Milk Substitute Materials Description and Business Overview
6.13.3 Elmhurst Milked Direct Milk Substitute Materials Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Elmhurst Milked Direct Milk Substitute Materials Product Portfolio
6.13.5 Elmhurst Milked Direct Recent Developments/Updates
6.14 Panos Brands
6.14.1 Panos Brands Corporation Information
6.14.2 Panos Brands Milk Substitute Materials Description and Business Overview
6.14.3 Panos Brands Milk Substitute Materials Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Panos Brands Milk Substitute Materials Product Portfolio
6.14.5 Panos Brands Recent Developments/Updates
6.15 Jindilli Beverages (milkadamia)
6.15.1 Jindilli Beverages (milkadamia) Corporation Information
6.15.2 Jindilli Beverages (milkadamia) Milk Substitute Materials Description and Business Overview
6.15.3 Jindilli Beverages (milkadamia) Milk Substitute Materials Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Jindilli Beverages (milkadamia) Milk Substitute Materials Product Portfolio
6.15.5 Jindilli Beverages (milkadamia) Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Milk Substitute Materials Industry Chain Analysis
7.2 Milk Substitute Materials Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Milk Substitute Materials Production Mode & Process
7.4 Milk Substitute Materials Sales and Marketing
7.4.1 Milk Substitute Materials Sales Channels
7.4.2 Milk Substitute Materials Distributors
7.5 Milk Substitute Materials Customers
8 Milk Substitute Materials Market Dynamics
8.1 Milk Substitute Materials Industry Trends
8.2 Milk Substitute Materials Market Drivers
8.3 Milk Substitute Materials Market Challenges
8.4 Milk Substitute Materials Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer

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