Plant-based milk, derived from soy, almond, oat, and coconut sources, has become a versatile and widely embraced alternative to traditional dairy. Its applications span from beverages such as coffee and smoothies to diverse uses in cooking and baking, offering a dairy-free option without compromising taste or texture. Beyond its culinary flexibility, plant-based milk boasts health advantages, often fortified with essential nutrients and lower in saturated fats. It caters to various dietary preferences, aligning with vegan, lactose-free, and vegetarian lifestyles. Plant-based milk production tends to be more environmentally sustainable than traditional dairy, further contributing to its growing popularity among consumers seeking ethical and sustainable food choices.
According to Data Bridge Market Research analyses that the Plant-Based Milk Market is growing with a CAGR of 12.4% in the forecast period of 2023 to 2030 and is expected to reach USD 50,066.21 million by 2030.
"Rapid Increase in the Vegan Population Boosts the Market Growth"
The surging global trend toward veganism, driven by increased health consciousness and a desire for natural and organic foods, has substantially fueled the growth of the plant-based milk market. Over the past decade, a growing vegan population has shifted toward plant-based diets, citing benefits such as a reduced risk of diseases such as heart disease, type 2 diabetes, and certain cancers. This shift has prompted a notable segment of the vegan and flexitarian community to incorporate plant-based milk into their daily dietary choices. The expanding consumer base adopting vegan, vegetarian, and flexitarian lifestyles is a pivotal factor propelling the global plant-based milk market forward, reflecting the broader shift towards plant-based alternatives in the food and beverage industry.
What restraints the growth of global plant-based milk market?
"Rise in Nut allergies"
The escalating prevalence of nut allergies, particularly among children and adults, serves as a significant constraint for the plant-based milk market. The potential for severe and life-threatening reactions and heightened health consciousness among consumers have led to declining sales growth. Tree nuts and seeds, common ingredients in plant-based milk alternatives, are recognized triggers for severe allergic reactions, impacting the market's appeal to individuals with allergies. The absence of a definitive treatment for nut allergies means that those affected tend to avoid products containing nuts, including plant-based milk. This growing population of consumers with nut allergies limits the market's potential consumer base, presenting a persistent challenge for the plant-based milk industry as it navigates the broader landscape of dietary preferences and health concerns.
Segmentation: Global Plant-Based Milk Market
The global plant-based milk market is segmented into eleven notable segments based on type, product type, category, formulation, flavor, fortification, nature, claim, packaging size, packaging type, and distribution channel.
- On the basis of type, the global plant-based milk market is segmented into almond milk, coconut milk, cashew milk, walnut milk, hazelnut milk, soy milk, oat milk, rice milk, flax milk, and others
- On the basis of product type, the global plant-based milk market is segmented into refrigerated milk and shelf stable milk
- On the basis of category, the global plant-based milk market is segmented into organic and conventional
- On the basis of formulation, the global plant-based milk market is segmented into sweetened and unsweetened
- On the basis of flavor, the global plant-based milk market is segmented into original/unflavored, vanilla, chocolate, honey, coconut blend, hazelnut blend, caramel, maple, coffee, and others
- On the basis of fortification, the global plant-based milk market is segmented into regular and fortified
- On the basis of nature, the global plant-based milk market is segmented into GMO and non-GMO
- On the basis of claim, the global plant-based milk market is segmented into regular, gluten free, nut free, soy free, artificial preservatives & colour free, and others
- On the basis of packaging size, the global plant-based milk market is segmented into regular, gluten free, nut free, soy free, artificial preservatives & colour free, and others
- On the basis of packaging type, the global plant-based milk market is segmented into tetra packs, bottles, and can
- On the basis of distribution channel, the global plant-based milk market is segmented into store based retailers and non-store based retailers
Regional Insights: Asia-Pacific region is expected to dominate the Global Plant-Based Milk Market
The Asia-Pacific dominates the global plant-based milk market, driven by a rising preference for plant-based alternatives due to health and environmental concerns. The region's population favors plant-based milk for its nutritional benefits and sustainability, supported by active promotional efforts from market players through campaigns and collaborations.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/global-plant-based-milk-market
Recent Developments in Global Plant-Based Milk Market
- 2023년 1월, 북유럽 및 발트해 지역의 유명 소매업체인 Reitan은 Oatly Inc.와의 협력 확대 계획을 발표했습니다. 이 전략적 파트너십은 스웨덴 전역에 있는 약 300개의 Pressbyrn과 90개의 7-Eleven 편의점을 소유한 Reitan의 장점을 활용하여 사업 성장을 촉진하고 더 광범위한 소비자 인구통계를 유치하는 것을 목표로 합니다.
- 2021년, 실크(Silk)는 최신 제품인 실크 오트(Silk Oat)를 출시하며 큰 반향을 일으켰습니다. 이 혁신적인 제품 출시는 회사의 포트폴리오를 크게 다각화하여 매력을 확대하고 더 많은 소비자층을 확보하는 데 기여했습니다.
글로벌 식물성 우유 시장에서 활동하는 주요 기업은 다음과 같습니다.
- 실크(미국)
- 요양소(호주)
- 알프로(벨기에)
- RUDE HEALTH(영국)
- 플레니시(영국)
- 프로바멜 오가닉-바이오(벨기에)
- 하인 셀레스티얼 그룹(THE HAIN CELESTIAL GROUP, INC.) (미국)
- SUNOPTA GRAINS AND FOODS INC.(캐나다)
- 캘리피아 팜스, LLC(미국)
- NotCo(칠레)
- 발소이아 SpA(이탈리아)
- YEO HIAP SENG LTD. (싱가포르)
- 심플푸드(미국)
- 자연(캐나다)
- Nutrisslim(슬로베니아)
- 호주의 자체(호주)
- Oatly Inc.(스웨덴)
- 엘름허스트 밀크드 다이렉트 LLC(미국)
- Hershey India Private Limited(인도)
- Life Health Foods(인도)
- 매니토바 밀링 회사(캐나다)
- HP 후드 LLC(미국)
위는 보고서에 포함된 주요 업체입니다. 전 세계 식물성 우유 시장 기업 에 대한 보다 자세한 정보를 원하시면 https://www.databridgemarketresearch.com/contact로 문의하세요.
연구 방법론: 글로벌 식물성 우유 시장
데이터 수집 및 기준 연도 분석은 대규모 표본 규모의 데이터 수집 모듈을 사용하여 수행됩니다. 시장 데이터는 시장 통계 및 일관성 있는 모델을 사용하여 분석 및 추정됩니다. 또한, 시장 점유율 분석과 핵심 트렌드 분석은 시장 보고서의 주요 성공 요인입니다. DBMR 연구팀이 사용하는 핵심 연구 방법론은 데이터 마이닝, 데이터 변수가 시장에 미치는 영향 분석, 그리고 1차(업계 전문가) 검증을 포함하는 데이터 삼각 측량입니다. 이 외에도 공급업체 포지셔닝 그리드, 시장 타임라인 분석, 시장 개요 및 가이드, 회사 포지셔닝 그리드, 회사 시장 점유율 분석, 측정 표준, 글로벌 vs 지역 및 공급업체 점유율 분석 등의 데이터 모델을 사용합니다. 추가 문의는 애널리스트에게 문의하십시오.
