Global Milk-Based Drinks Market to 2032
Overview
The Global Milk-Based Drinks Market is expected to reach a 7.31 USD Billion by 2032 and is projected to grow at a CAGR of 4.93% from 2025 to 2032.
Revenue, 2024 (USD Billion)
5.09
Forecast, 2032 (USD Billion)
7.31
CAGR, 2024 - 2032
4.93%
Report Coverage
Global
Global Milk-Based Drinks Market 2018-2032 USD Billion
Global Milk-Based Drinks Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 5.09 USD Billion
- Projected Market Size (2032): 7.31 USD Billion
- CAGR (2025-2032): 4.93%
Key Findings of Global Milk-Based Drinks Market
- The Global Milk-Based Drinks Market was valued at 7.31 USD Billion in 2024.
- The Global Milk-Based Drinks Market is likely to grow at a CAGR of 4.93% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Animal-Based Milk in Product Segment accounted for the largest share of the market with a revenue of 3.82 USD Billion
- The fastest growing segment Flavored in Flavor Segment grew Fastest with a CAGR of 5.30% during the forecast period from 2024 to 2032.
Global Milk-Based Drinks Market Scope
Global Milk-Based Drinks Market Segmentation & Scope
Distribution Channel
- Non-Store Retailer
- Store Based Retailer
Nature
- Conventional
- Organic
Flavor
- Unflavored / Plain
- Flavored
Product
- Plant-Based Milk
- Animal-Based Milk
Global Milk-Based Drinks Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 5.09 USD Billion |
| Market Value in 2032 | 7.31 USD Billion |
| CAGR (2025-2032) | 4.93% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Distribution Channel,Nature,Flavor,Product |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 5.09 USD Billion in 2024
- Key Country: India, leading in terms of revenue with value of 861.00 USD Million in 2024.
Segments and Scope
-
Global Milk-Based Drinks Market to 2032, By Distribution Channel
- Store Based Retailer is the largest segment in Global Milk-Based Drinks Market to 2032 with a revenue of 3.19 USD Billion in the year 2024.
- Store Based Retailer is the Fastest growing segment in Global Milk-Based Drinks Market to 2032 with a Growth rate of 5.22 % in forecast period 2025-2032.
-
Global Milk-Based Drinks Market to 2032, By Nature
- Organic is the largest segment in Global Milk-Based Drinks Market to 2032 with a revenue of 3.73 USD Billion in the year 2024.
- Organic is the Fastest growing segment in Global Milk-Based Drinks Market to 2032 with a Growth rate of 5.05 % in forecast period 2025-2032.
-
Global Milk-Based Drinks Market to 2032, By Flavor
- Flavored is the largest segment in Global Milk-Based Drinks Market to 2032 with a revenue of 2.87 USD Billion in the year 2024.
- Flavored is the Fastest growing segment in Global Milk-Based Drinks Market to 2032 with a Growth rate of 5.30 % in forecast period 2025-2032.
-
Global Milk-Based Drinks Market to 2032, By Product
- Animal-Based Milk is the largest segment in Global Milk-Based Drinks Market to 2032 with a revenue of 3.82 USD Billion in the year 2024.
- Animal-Based Milk is the Fastest growing segment in Global Milk-Based Drinks Market to 2032 with a Growth rate of 5.03 % in forecast period 2025-2032.
Global Milk-Based Drinks Market Company Share Analysis
| Company Name |
|
||
| Nestlé | |||
| Arla Foods amba | |||
| GCMMF | |||
| Danone | |||
| Oatly AB | |||
Global Milk-Based Drinks Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Milk-Based Drinks Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Milk-Based Drinks Market is segmented based on Segmentation Distribution Channel,Nature,Flavor,Product.
Global Milk-Based Drinks Market was valued at USD 5.09(Revenue in USD Billion) in 2021.
Global Milk-Based Drinks Market is projected to grow at a CAGR of 4.93% during the forecast period of 2024 to 2032.
The Animal-Based Milk segment is expected to dominate the Global Milk-Based Drinks Market, holding a largest market share of 3.82 USD Billion in 2024
Global Milk-Based Drinks Market Scope
Global Milk-Based Drinks Market Segmentation & Scope
Distribution Channel
- Non-Store Retailer
- Store Based Retailer
Nature
- Conventional
- Organic
Flavor
- Unflavored / Plain
- Flavored
Product
- Plant-Based Milk
- Animal-Based Milk
Frequently Asked Questions
The Global Milk-Based Drinks Market is segmented based on Segmentation Distribution Channel,Nature,Flavor,Product.
Global Milk-Based Drinks Market was valued at USD 5.09(Revenue in USD Billion) in 2021.
Global Milk-Based Drinks Market is projected to grow at a CAGR of 4.93% during the forecast period of 2024 to 2032.
The estimated market value of the Global Milk-Based Drinks Market for final year is USD 7.31 (USD Billion).
Global Milk-Based Drinks Market Company Profiling
Frequently Asked Questions
The Global Milk-Based Drinks Market is segmented based on Segmentation Distribution Channel,Nature,Flavor,Product.
Global Milk-Based Drinks Market was valued at USD 5.09(Revenue in USD Billion) in 2021.
Global Milk-Based Drinks Market is projected to grow at a CAGR of 4.93% during the forecast period of 2024 to 2032.
The estimated market value of the Global Milk-Based Drinks Market for final year is USD 7.31 (USD Billion).
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