Malaysia Plant-Based Milk Market to 2032
Overview
The Malaysia Plant-Based Milk Market is expected to reach a 230.07 USD Million by 2032 and is projected to grow at a CAGR of 16.30% from 2025 to 2032.
Revenue, 2024 (USD Million)
97.73
Forecast, 2032 (USD Million)
230.07
CAGR, 2024 - 2032
16.30%
Report Coverage
Malaysia
Malaysia Plant-Based Milk Market 2018-2032 USD Million
Malaysia Plant-Based Milk Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 97.73 USD Million
- Projected Market Size (2032): 230.07 USD Million
- CAGR (2025-2032): 16.30%
Key Findings of Malaysia Plant-Based Milk Market
- The Malaysia Plant-Based Milk Market was valued at 97.73 USD Million in 2024.
- The Malaysia Plant-Based Milk Market is likely to grow at a CAGR of 16.30% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Honey in Flavor Segment accounted for the largest share of the market with a revenue of 97.73 USD Million
- The fastest growing segment Unsweetened in Formulation Segment grew Fastest with a CAGR of 16.92% during the forecast period from 2024 to 2032.
Malaysia Plant-Based Milk Market Scope
Malaysia Plant-Based Milk Market Segmentation & Scope
Flavor
- Honey
- Caramel
- Coconut Blend
- Coffee
- Hazelnut Blend
- Others
- Maple
- Vanilla
- Chocolate
- Original/Unflavored
Fortification
- Fortified
- Regular
Nature
- GMO
- Non-GMO
Claim
- Nut Free
- Others
- Soy Free
- Artificial Preservatives & Color Free
- Gluten Free
- Regular
Type
- Flax Milk
- Hazelnut Milk
- Walnut Milk
- Cashew Nut Milk
- Others
- Rice Milk
- Coconut Milk
- Almond Milk
- Soy Milk
- Oat Milk
Product
- Shelf Stable Milk
- Refrigerated Milk
Category
- Organic
- Conventional
Formulation
- Sweetened
- Unsweetened
Packaging Size
- Less Than 100 ML
- More Than 1000 ML
- 110 ML
- 500 ML
- 250 ML
- 1000 ML
Distribution Channel
- Store Based Retailers
- Non-Store Retailers
Packaging
- Can
- Bottles
- Tetra Packs
Malaysia Plant-Based Milk Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 97.73 USD Million |
| Market Value in 2032 | 230.07 USD Million |
| CAGR (2025-2032) | 16.30% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Flavor,Fortification,Nature,Claim,Type,Product,Category,Formulation,Packaging Size,Distribution Channel,Packaging |
Regional Insights:
-
Leading Market (2024-2032): Malaysia, leading in terms of revenue 97.73 USD Million in 2024
- Key Country: Malaysia, leading in terms of revenue with value of 97.73 USD Million in 2024.
Segments and Scope
-
Malaysia Plant-Based Milk Market to 2032, By Flavor
- Honey is the largest segment in Malaysia Plant-Based Milk Market to 2032 with a revenue of 97.73 USD Million in the year 2024.
- Honey is the Fastest growing segment in Malaysia Plant-Based Milk Market to 2032 with a Growth rate of 16.30 % in forecast period 2025-2032.
-
Malaysia Plant-Based Milk Market to 2032, By Fortification
- Regular is the largest segment in Malaysia Plant-Based Milk Market to 2032 with a revenue of 82.59 USD Million in the year 2024.
- Regular is the Fastest growing segment in Malaysia Plant-Based Milk Market to 2032 with a Growth rate of 16.45 % in forecast period 2025-2032.
-
Malaysia Plant-Based Milk Market to 2032, By Nature
- Non-GMO is the largest segment in Malaysia Plant-Based Milk Market to 2032 with a revenue of 95.81 USD Million in the year 2024.
- Non-GMO is the Fastest growing segment in Malaysia Plant-Based Milk Market to 2032 with a Growth rate of 16.31 % in forecast period 2025-2032.
-
Malaysia Plant-Based Milk Market to 2032, By Claim
- Regular is the largest segment in Malaysia Plant-Based Milk Market to 2032 with a revenue of 82.59 USD Million in the year 2024.
- Gluten Free is the Fastest growing segment in Malaysia Plant-Based Milk Market to 2032 with a Growth rate of 16.45 % in forecast period 2025-2032.
-
Malaysia Plant-Based Milk Market to 2032, By Type
- Oat Milk is the largest segment in Malaysia Plant-Based Milk Market to 2032 with a revenue of 40.21 USD Million in the year 2024.
- Oat Milk is the Fastest growing segment in Malaysia Plant-Based Milk Market to 2032 with a Growth rate of 16.81 % in forecast period 2025-2032.
-
Malaysia Plant-Based Milk Market to 2032, By Product
- Refrigerated Milk is the largest segment in Malaysia Plant-Based Milk Market to 2032 with a revenue of 86.57 USD Million in the year 2024.
- Refrigerated Milk is the Fastest growing segment in Malaysia Plant-Based Milk Market to 2032 with a Growth rate of 16.47 % in forecast period 2025-2032.
-
Malaysia Plant-Based Milk Market to 2032, By Category
- Conventional is the largest segment in Malaysia Plant-Based Milk Market to 2032 with a revenue of 71.65 USD Million in the year 2024.
- Conventional is the Fastest growing segment in Malaysia Plant-Based Milk Market to 2032 with a Growth rate of 16.48 % in forecast period 2025-2032.
-
Malaysia Plant-Based Milk Market to 2032, By Formulation
- Unsweetened is the largest segment in Malaysia Plant-Based Milk Market to 2032 with a revenue of 33.25 USD Million in the year 2024.
- Unsweetened is the Fastest growing segment in Malaysia Plant-Based Milk Market to 2032 with a Growth rate of 16.92 % in forecast period 2025-2032.
-
Malaysia Plant-Based Milk Market to 2032, By Packaging Size
- 1000 ML is the largest segment in Malaysia Plant-Based Milk Market to 2032 with a revenue of 54.64 USD Million in the year 2024.
- 1000 ML is the Fastest growing segment in Malaysia Plant-Based Milk Market to 2032 with a Growth rate of 16.84 % in forecast period 2025-2032.
-
Malaysia Plant-Based Milk Market to 2032, By Distribution Channel
- Non-Store Retailers is the largest segment in Malaysia Plant-Based Milk Market to 2032 with a revenue of 76.77 USD Million in the year 2024.
- Non-Store Retailers is the Fastest growing segment in Malaysia Plant-Based Milk Market to 2032 with a Growth rate of 16.62 % in forecast period 2025-2032.
-
Malaysia Plant-Based Milk Market to 2032, By Packaging
- Tetra Packs is the largest segment in Malaysia Plant-Based Milk Market to 2032 with a revenue of 86.69 USD Million in the year 2024.
- Tetra Packs is the Fastest growing segment in Malaysia Plant-Based Milk Market to 2032 with a Growth rate of 16.43 % in forecast period 2025-2032.
Malaysia Plant-Based Milk Market Company Share Analysis
| Company Name |
|
||
| Sanitarium | |||
| Califia Farms, LLC | |||
| The Hain Celestial Group | |||
| Alpro | |||
| Oatly AB | |||
Malaysia Plant-Based Milk Market Geographical Sales Distribution, 2018-2032 USD Million
Malaysia Plant-Based Milk Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Malaysia Plant-Based Milk Market is segmented based on Segmentation Flavor,Fortification,Nature,Claim,Type,Product,Category,Formulation,Packaging Size,Distribution Channel,Packaging.
Malaysia Plant-Based Milk Market was valued at USD 97.73(Revenue in USD Million) in 2021.
Malaysia Plant-Based Milk Market is projected to grow at a CAGR of 16.30% during the forecast period of 2024 to 2032.
The Honey segment is expected to dominate the Malaysia Plant-Based Milk Market, holding a largest market share of 97.73 USD Million in 2024
Malaysia Plant-Based Milk Market Scope
Malaysia Plant-Based Milk Market Segmentation & Scope
Flavor
- Honey
- Caramel
- Coconut Blend
- Coffee
- Hazelnut Blend
- Others
- Maple
- Vanilla
- Chocolate
- Original/Unflavored
Fortification
- Fortified
- Regular
Nature
- GMO
- Non-GMO
Claim
- Nut Free
- Others
- Soy Free
- Artificial Preservatives & Color Free
- Gluten Free
- Regular
Type
- Flax Milk
- Hazelnut Milk
- Walnut Milk
- Cashew Nut Milk
- Others
- Rice Milk
- Coconut Milk
- Almond Milk
- Soy Milk
- Oat Milk
Product
- Shelf Stable Milk
- Refrigerated Milk
Category
- Organic
- Conventional
Formulation
- Sweetened
- Unsweetened
Packaging Size
- Less Than 100 ML
- More Than 1000 ML
- 110 ML
- 500 ML
- 250 ML
- 1000 ML
Distribution Channel
- Store Based Retailers
- Non-Store Retailers
Packaging
- Can
- Bottles
- Tetra Packs
Frequently Asked Questions
The Malaysia Plant-Based Milk Market is segmented based on Segmentation Flavor,Fortification,Nature,Claim,Type,Product,Category,Formulation,Packaging Size,Distribution Channel,Packaging.
Malaysia Plant-Based Milk Market was valued at USD 97.73(Revenue in USD Million) in 2021.
Malaysia Plant-Based Milk Market is projected to grow at a CAGR of 16.30% during the forecast period of 2024 to 2032.
The estimated market value of the Malaysia Plant-Based Milk Market for final year is USD 230.07 (USD Million).
Malaysia Plant-Based Milk Market Company Profiling
Frequently Asked Questions
The Malaysia Plant-Based Milk Market is segmented based on Segmentation Flavor,Fortification,Nature,Claim,Type,Product,Category,Formulation,Packaging Size,Distribution Channel,Packaging.
Malaysia Plant-Based Milk Market was valued at USD 97.73(Revenue in USD Million) in 2021.
Malaysia Plant-Based Milk Market is projected to grow at a CAGR of 16.30% during the forecast period of 2024 to 2032.
The estimated market value of the Malaysia Plant-Based Milk Market for final year is USD 230.07 (USD Million).
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