Plant-Based Dairy Products Market Comprehensive Analysis and Forecast 2025 to 2030
Markntel Advisors’ report, Plant-Based Dairy Products Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Plant-Based Dairy Products presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Plant-Based Dairy Products Market Research Report & Market Summary:
The?Global Plant-Based Dairy Products Market?size was valued at around?USD 20 billion in 2024?and is projected to reach?USD 34 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 9% during the forecast period 2025-30. Different factors are credited for the expansion of the market. Consumer acceptance of vegan alternatives primarily due to health and environmental concerns is driving an increase in demand for plant-based milk cheese and yogurt. Due to the popularity of veganism, the market for plant-based dairy products expanded quickly.
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Plant-Based Dairy Products Market Dynamics:
Key Driver-
Burgeoning Demand for Lactose-Free Products –?Globally, 68% of the total population is affected by lactose malabsorption. In various regions of Africa and Asia, most people suffer from lactose intolerance, thus creating a heavy requirement for lactose-free products, ultimately driving the market growth. 36% of the United States population is affected by the problem of lactose intolerance. It has the highest prevalence rates in Asia, Africa, and Latin America regions creating most of the market demand. This awareness drives consumers to increasingly look to plant-based dairy alternatives which tend to naturally exclude lactose. Almond, oat, and soy milk serve as safe and nutritious plant-based choices, allowing individuals to experience dairy-like enjoyment without the discomfort linked to conventional milk.
For example: The popularity of oat milk has surged significantly in regions like North America, partly due to its attraction to lactose-intolerant individuals and its sustainable characteristics. Brands are reacting by introducing more lactose-free products and emphasizing taste, texture, and fortification to resemble the nutrition and versatility of traditional dairy that will continue to fuel the market demand.
Plant-Based Dairy Products Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Product Type
Based on product type, the milk segment leads the Global Plant-Based Dairy Products Market. It holds approx. 50% share of the total market.
By Material Type
By Sales Channel
By Nature
By Nature, the organic segment leads the Global Plant-Based Dairy Products Market. It holds approx. 65% share of the total market.?
By End Use
By Region
Out of them, Asia-Pacific dominates the Global Plant-Based Dairy Products Market. It holds approx. 35% market share. Health and sustainability awareness has made the consumer shift towards alternatives that are plant-based.
As indicated in the latest market research report published by Markntel Advisors, “Plant-Based Dairy Products Research Report: Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Plant-Based Dairy Products industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
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Top Companies Operating in the Plant-Based Dairy Products Market:
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