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Market Research Report

Global Plant Based Milk Market Size by Product Type (Almond, Oat, Hemp, & Others), by Application (Ice-cream, Beverages, Cheese, & Milk), & by Formulation (Plain & Flavored) With COVID-19 impact | Forecast Period 2017-2030

Published Date :

2020-09-01

Report Pages :

754

Format :

PDF

Region Covered :

Global

Global Plant Based Milk Market Overview

Plant based milk is an alternative to dairy milk which is made from plants such as almond milk, soy milk and coconut milk. Plant based milk is generally for the people with medical issues or lactose intolerance but some people also opt this for lifestyle reasons or for better living standards. Plant based milk products are full of nutrients like protein, fat, vitamins and carbohydrates etc. According to National Institute of Children's Health & Human Development, in the U.S. around 30-50 million people are lactose intolerant.

Goldstein Market Intelligence analyst forecast the plant based milk market size is set togrow CAGR of 10.4% over the forecast years. Due to increase in number of health conscious consumers, the plant based milk market is expected to rise over the forecast period. In addition, due to rising awareness about gastrointestinal diseases and stomach flues which are caused due to dairy products will increase the plant based milk market.

Global Plant Milk Market Segmentation

By Product Type

  • Almond Milk
  • Oat Milk
  • Hemp Milk
  • Nut Milk
  • Rice Milk
  • Coconut Milk
  • Soy Milk
  • Others (Pea, Flax, Macadamia etc.)

 By Application

  • Ice-cream
  • Cheese
  • Beverages
  • Milk

By Formulation

  • Plain
  • Flavored

By Category

  • Diabetic free
  • Gluten Free
  • Lactose free

By Packaging Type

  • Pouches
  • Bottles
  • Carton Packaging

By Distribution Channel

  • Offline Distribution Channel
  • Supermarket/Hypermarket
  • Retail Shops
  • Specialty Stores
  • Online Distribution Channel

Based on Geography

  • North America (U.S. & Canada) Plant Based Milk Market
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Plant Based Milk Market
  • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) Plant Based Milk Market
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Plant Based Milk Market
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Plant Based Milk Market

Based on geography, Asia Pacific region dominated the global plant based milk market with the market share of 45% in 2016. China, Japan, Taiwan and Singapore are the major countries in the plant based milk market because of the increase demand in the lactose free milk, veganism and urbanization. North America and Europe are growing steadily with the market share of 32.7% due to the rise in milk allergies, growing caution over hormones and antibiotics in dairy. More than 1.5 million Americans over the age of 17 have adopted the vegan diet.

On the basis of product type, almond milk is having the highest market share of 40.0% and is the first preference of the consumers due to its health benefits, great taste and variety of flavors available in the market. Whereas, on the other hand the market share of soy milk is growing steadily at a market share of 29.0% because of the low fat concentration and flavors. Soy Milk is estimated to account for the highest share of the plant based milk market in 2018

According to our global plant based milk market study on the basis of extensive primary and secondary research:  “One trend is that, veganism is gaining traction as a style of living and philosophy. Due to ethical concern and for better environment most people are becoming vegan. A charity named ‘Veganuary’ encourages people to try vegan diet, it almost have 61,000 participants globally. ”

Growth Drivers and Restraints

According to the report, major driving factor for plant based milk market is the launch of the sophisticated flavors and mixtures of plant based milk from different sources. Different flavors of soy milk and other plant based milk are available and rising in the promotional campaigns by major players are driving the growth of the plant based milk market.

Further, the report states the major challenge is the nutritional disadvantage because of the added sugar content which increases the calories without offering nutritional value and increases the risk of cardiovascular disease. Some of the plant based milk products are relatively low in proteins, calcium or Vitamin D which is important for skin health and contains low level of arsenic which is not suitable to children.

Covered In This Global Plant Based Milk Market Report                       

The report covers the present ground scenario and the future growth prospects of the plant based milk market for 2017-2030 along with the increase of lactose intolerant population, availability of large quantity of the products and their shipment data. We calculated the market size and revenue share on the basis of revenue generated from major players across the globe.

Plant based milk market Outlook 2017-2030, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the global plant based milk market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global Plant Based Milk Market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

COVID-19 impact on "Global Plant Based Milk Market "

The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Global Plant Based Milk Market " along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.

Top Companies in Competition & The Rising Stars

Our global plant based milk market report comprises of the following companies as the key players:

  • Ripple Foods
  • Danone
  • WhiteWave Foods
  • Archer-Daniels-Midland
  • Hain Celestial Group
  • Califia Farms
  • Daiya Foods
  • Freedom Foods.

Other high-flying vendors in the market are: REAM, Malk Organic, The New Barn, Grace Foods and Pureharvest etc.

For a full detailed overview, send us the sample request.

Key questions answered in this Plant Milk Market report

  • What is the total market size of plant based milk market by 2030 and what would be the expected growth rate of the market?
  • What is the revenue of plant milk market in 2017-18 and what would be the expected demand over the forecast period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

We can provide two hour complimentary interaction with our analyst after the purchase of this market report. Details are imparted within the report.




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Plant Based Milk Market-Table of Content

 

1. Research Methodology
1.1. Secondary Research
1.2. Primary Research
1.3. Data Analyzing & Market Size Estimation 
1.4. Research Design
1.5. Bottom-Up & Top-Down Approach
 
2. Market Environment
2.1. Global Economic Overview
2.2. Macroeconomic Outlook
2.3. Agricultural Sector Overview
2.4. Global Consumer Retail Industry Outlook
 
3. Industry Structure
3.1. Target Markets (By Countries)
3.2. Product Research & Development Outlook
3.3. Competitive Strategies
3.4. Raw Material Pricing Outlook
3.5. Acquisitions & Divestitures
 
4. Regional Industry Analysis 
4.1. Demand & Supply Analysis
4.2. Marketing & Distribution
4.3. Pricing Outlook
4.4. Demographic Trends
 
5. Executive Summary
5.1. Market Size (USD Million)
5.2. Forecast Analysis (2017-2025)
5.3. Market Share & CAGR (%)
5.4. Regional Share Distribution (%)
 
6. Market Dynamics
6.1. Growth Drivers
6.2. Market Restraints
6.3. Risk Analysis (Demand Risk & Supply Risk Analysis)
6.4. Recent Trends & Developments
6.5. Opportunities for Market Players
 
7. Global Plant Based Milk Market Segmentation
 
7.1. Global Plant Based Milk Market ByProduct Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.1. Market Share(%) of Plant Based Milk Market by Product Type
7.1.2. Almond Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.3. Oat Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.4. Hemp Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.5. Nut Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.6. Rice Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.7. Coconut Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.8. Soy Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.9. Others (Pea, Flax, Macadamia etc.) (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.10. Market Attractiveness of Plant Based Milk Market byProduct Type
7.1.11. BPS Analysis of Plant Based Milk Market by Product Type 
 
7.2. Global Plant Based Milk Market By Application(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.2.1. Market Share(%) of Plant Based Milk Market by Application
7.2.2. Ice-cream (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.2.3. Cheese (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.2.4. Beverages (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.2.5. Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.2.6. Market Attractiveness of Plant Based Milk Market by Application
7.2.7. BPS Analysis of Plant Based Milk Market by Application
 
7.3. Global Plant Based Milk Market By Formulation (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.1. Market Share(%) of Plant Based Milk Market by Formulation
7.3.2. Plain (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.3. Flavored (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.4. Market Attractiveness of Plant Based Milk Market by Formulation
7.3.5. BPS Analysis of Plant Based Milk Market by Formulation
 
7.4. Global Plant Based Milk  Market By Category (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1. Market Share(%) of Plant Based Milk  Market by Category
7.4.2. Diabetic free (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3. Gluten Free (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4. Lactose free (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5. Market Attractiveness of Plant Based Milk  Market by Category 
7.4.6. BPS Analysis of Plant Based Milk  Market by Category
 
7.5. Global Plant Based Milk  Market By Packaging Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.1. Market Share(%) of Plant Based Milk  Market by Packaging Type 
7.5.2. Pouches (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.3. Bottles (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.4. Carton Packaging (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.5.5. Market Attractiveness of Plant Based Milk  Market by Packaging Type
7.5.6. BPS Analysis of Plant Based Milk  Market by Packaging Type
 
7.6. Global Plant Based Milk  Market By Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.6.1. Market Share(%) of Plant Based Milk  Market by Distribution Channel 
7.6.2. Offline Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.6.2.1. Supermarket/Hypermarket (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.6.2.2. Retail Shops (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.6.2.3. Specialty Stores (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.6.3. Online Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.6.4. Market Attractiveness of Plant Based Milk  Market by Distribution Channel 
7.6.5. BPS Analysis of Plant Based Milk  Market by Distribution Channel
 
7.7. Global Plant Based Milk Market By Region (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
 
7.7.1. North America Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
 
7.7.1.1. North America Plant Based Milk Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.7.1.1.1. U.S. Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.1.2. Canada Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.1.3. Market Attractiveness of Plant Based Milk Market by Country
7.7.1.1.4. BPS Analysis of Plant Based Milk Market by Country
 
7.7.1.2. North America Plant Based Milk  Market By Product Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.2.1. Market Share(%) of Plant Based Milk  Market by Product Type
7.7.1.2.2. Almond Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.2.3. Oat Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.2.4. Hemp Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.2.5. Nut Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.2.6. Rice Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.2.7. Coconut Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.2.8. Soy Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.2.9. Others (Pea, Flax, Macadamia etc.) (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.2.10. Market Attractiveness of Plant Based Milk  Market by Product Type
7.7.1.2.11. BPS Analysis of Plant Based Milk  Market by Product Type 
 
7.7.1.3. North America Plant Based Milk  Market By Application (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.3.1. Market Share(%) of Plant Based Milk  Market by Application
7.7.1.3.2. Ice-cream (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.3.3. Cheese (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.3.4. Beverages (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.3.5. Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.3.6. Market Attractiveness of Plant Based Milk  Market by Application
7.7.1.3.7. BPS Analysis of Plant Based Milk  Market by Application
 
7.7.1.4. North America Plant Based Milk  Market By Formulation (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.4.1. Market Share(%) of Plant Based Milk  Market by Formulation 
7.7.1.4.2. Plain (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.4.3. Flavored (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.4.4. Market Attractiveness of Plant Based Milk  Market by Formulation
7.7.1.4.5. BPS Analysis of Plant Based Milk  Market by Formulation
 
7.7.1.5. North America North America Plant Based Milk  Market By Category (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.5.1. Market Share(%) of Plant Based Milk  Market by Category 
7.7.1.5.2. Diabetic free (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.5.3. Gluten Free (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.5.4. Lactose free (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.5.5. Market Attractiveness of Plant Based Milk  Market by Category 
7.7.1.5.6. BPS Analysis of Plant Based Milk  Market by Category
 
7.7.1.6. North America Plant Based Milk  Market By Packaging Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.6.1. Market Share(%) of Plant Based Milk  Market by Packaging Type 
7.7.1.6.2. Pouches (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.6.3. Bottles (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.6.4. Carton Packaging (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.6.5. Market Attractiveness of Plant Based Milk  Market by Packaging Type
7.7.1.6.6. BPS Analysis of Plant Based Milk  Market by Packaging Type
7.7.1.7. North America Plant Based Milk  Market By Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.7.1. Market Share(%) of Plant Based Milk  Market by Distribution Channel 
7.7.1.7.2. Offline Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.7.2.1. Supermarket/Hypermarket (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.7.2.2. Retail Shops (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.7.2.3. Specialty Stores (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.7.3. Online Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.1.7.4. Market Attractiveness of Plant Based Milk  Market by Distribution Channel 
7.7.1.7.5. BPS Analysis of Plant Based Milk  Market by Distribution Channel
 
7.7.2. Europe Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.1. Europe Plant Based Milk Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.7.2.1.1. UK Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.1.2. France Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.1.3. Italy Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.1.4. Germany Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.1.5. Spain Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.1.6. Hungary Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.1.7. Sweden Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.1.8. Russia Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.1.9. Poland Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.1.10. Rest of Europe Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.1.11. Market Attractiveness of Plant Based Milk Market by Country
7.7.2.1.12. BPS Analysis of Plant Based Milk Market by Country
 
7.7.2.2. Europe Plant Based Milk  Market By Product Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.2.1. Market Share(%) of Plant Based Milk  Market by Product Type
7.7.2.2.2. Almond Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.2.3. Oat Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.2.4. Hemp Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.2.5. Nut Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.2.6. Rice Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.2.7. Coconut Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.2.8. Soy Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.2.9. Others (Pea, Flax, Macadamia etc.) (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.2.10. Market Attractiveness of Plant Based Milk  Market by Product Type
7.7.2.2.11. BPS Analysis of Plant Based Milk  Market by Product Type 
 
7.7.2.3. Europe Plant Based Milk  Market By Application (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.3.1. Market Share(%) of Plant Based Milk  Market by Application
7.7.2.3.2. Ice-cream (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.3.3. Cheese (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.3.4. Beverages (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.3.5. Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.3.6. Market Attractiveness of Plant Based Milk  Market by Application
7.7.2.3.7. BPS Analysis of Plant Based Milk  Market by Application
 
7.7.2.4. Europe Plant Based Milk  Market By Formulation (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.4.1. Market Share(%) of Plant Based Milk  Market by Formulation 
7.7.2.4.2. Plain (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.4.3. Flavored (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.4.4. Market Attractiveness of Plant Based Milk  Market by Formulation
7.7.2.4.5. BPS Analysis of Plant Based Milk  Market by Formulation
 
7.7.2.5. Europe Plant Based Milk  Market By Category (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.5.1. Market Share(%) of Plant Based Milk  Market by Category 
7.7.2.5.2. Diabetic free (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.5.3. Gluten Free (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.5.4. Lactose free (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.5.5. Market Attractiveness of Plant Based Milk  Market by Category 
7.7.2.5.6. BPS Analysis of Plant Based Milk  Market by Category
 
7.7.2.6. Europe Plant Based Milk  Market By Packaging Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.6.1. Market Share(%) of Plant Based Milk  Market by Packaging Type 
7.7.2.6.2. Pouches (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.6.3. Bottles (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.6.4. Carton Packaging (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.6.5. Market Attractiveness of Plant Based Milk  Market by Packaging Type
7.7.2.6.6. BPS Analysis of Plant Based Milk  Market by Packaging Type
 
7.7.2.7. Europe Plant Based Milk  Market By Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.7.1. Market Share(%) of Plant Based Milk  Market by Distribution Channel 
7.7.2.7.2. Offline Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.7.2.1. Supermarket/Hypermarket (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.7.2.2. Retail Shops (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.7.2.3. Specialty Stores (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.7.3. Online Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.2.7.4. Market Attractiveness of Plant Based Milk  Market by Distribution Channel 
7.7.2.7.5. BPS Analysis of Plant Based Milk  Market by Distribution Channel
 
7.7.3. Middle East & Africa Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
 
7.7.3.1. Middle East & Africa Plant Based Milk Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.7.3.1.1. Gulf Cooperation Council Countries (GCC) Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.1.2. South Africa Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.1.3. North Africa Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.1.4. Rest of Middle East and Africa Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.1.5. Market Attractiveness of Plant Based Milk Market by Country 
7.7.3.1.6. BPS Analysis of Plant Based Milk Market by Country
 
7.7.3.2. Middle East & Africa Plant Based Milk  Market By Product Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.2.1. Market Share(%) of Plant Based Milk  Market by Product Type
7.7.3.2.2. Almond Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.2.3. Oat Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.2.4. Hemp Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.2.5. Nut Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.2.6. Rice Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.2.7. Coconut Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.2.8. Soy Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.2.9. Others (Pea, Flax, Macadamia etc.) (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.2.10. Market Attractiveness of Plant Based Milk  Market by Product Type
7.7.3.2.11. BPS Analysis of Plant Based Milk  Market by Product Type 
 
7.7.3.3. Middle East & Africa Plant Based Milk  Market By Application (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.3.1. Market Share(%) of Plant Based Milk  Market by Application
7.7.3.3.2. Ice-cream (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.3.3. Cheese (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.3.4. Beverages (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.3.5. Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.3.6. Market Attractiveness of Plant Based Milk  Market by Application
7.7.3.3.7. BPS Analysis of Plant Based Milk  Market by Application
 
7.7.3.4. Middle East & Africa Plant Based Milk  Market By Formulation (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.4.1. Market Share(%) of Plant Based Milk  Market by Formulation 
7.7.3.4.2. Plain (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.4.3. Flavored (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.4.4. Market Attractiveness of Plant Based Milk  Market by Formulation
7.7.3.4.5. BPS Analysis of Plant Based Milk  Market by Formulation
 
7.7.3.5. Middle East & Africa Plant Based Milk  Market By Category (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.5.1. Market Share(%) of Plant Based Milk  Market by Category 
7.7.3.5.2. Diabetic free (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.5.3. Gluten Free (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.5.4. Lactose free (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.5.5. Market Attractiveness of Plant Based Milk  Market by Category 
7.7.3.5.6. BPS Analysis of Plant Based Milk  Market by Category
 
7.7.3.6. Middle East & Africa Plant Based Milk  Market By Packaging Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.6.1. Market Share(%) of Plant Based Milk  Market by Packaging Type 
7.7.3.6.2. Pouches (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.6.3. Bottles (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.6.4. Carton Packaging (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.6.5. Market Attractiveness of Plant Based Milk  Market by Packaging Type
7.7.3.6.6. BPS Analysis of Plant Based Milk  Market by Packaging Type
 
7.7.3.7.  Middle East & Africa Plant Based Milk  Market By Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.7.1. Market Share(%) of Plant Based Milk  Market by Distribution Channel 
7.7.3.7.2. Offline Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.7.2.1. Supermarket/Hypermarket (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.7.2.2. Retail Shops (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.7.2.3. Specialty Stores (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.7.3. Online Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.3.7.4. Market Attractiveness of Plant Based Milk  Market by Distribution Channel 
7.7.3.7.5. BPS Analysis of Plant Based Milk  Market by Distribution Channel
 
7.7.4. Latin America Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
 
7.7.4.1. Latin America Plant Based Milk By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.7.4.1.1. Brazil Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.1.2. Mexico Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.1.3. Rest of Latin America Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.1.4. Market Attractiveness of Plant Based Milk Market by Country 
7.7.4.1.5. BPS Analysis of Plant Based Milk Market by Country
 
7.7.4.2. Latin America Plant Based Milk  Market By Product Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.2.1. Market Share(%) of Plant Based Milk  Market by Product Type
7.7.4.2.2. Almond Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.2.3. Oat Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.2.4. Hemp Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.2.5. Nut Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.2.6. Rice Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.2.7. Coconut Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.2.8. Soy Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.2.9. Others (Pea, Flax, Macadamia etc.) (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.2.10. Market Attractiveness of Plant Based Milk  Market by Product Type
7.7.4.2.11. BPS Analysis of Plant Based Milk  Market by Product Type 
 
7.7.4.3. Latin America Plant Based Milk  Market By Application (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.3.1. Market Share(%) of Plant Based Milk  Market by Application
7.7.4.3.2. Ice-cream (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.3.3. Cheese (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.3.4. Beverages (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.3.5. Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.3.6. Market Attractiveness of Plant Based Milk  Market by Application
7.7.4.3.7. BPS Analysis of Plant Based Milk  Market by Application
 
7.7.4.4. Latin America Plant Based Milk  Market By Formulation (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.4.1. Market Share(%) of Plant Based Milk  Market by Formulation 
7.7.4.4.2. Plain (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.4.3. Flavored (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.4.4. Market Attractiveness of Plant Based Milk  Market by Formulation
7.7.4.4.5. BPS Analysis of Plant Based Milk  Market by Formulation
 
7.7.4.5. Latin America Plant Based Milk  Market By Category (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.5.1. Market Share(%) of Plant Based Milk  Market by Category 
7.7.4.5.2. Diabetic free (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.5.3. Gluten Free (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.5.4. Lactose free (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.5.5. Market Attractiveness of Plant Based Milk  Market by Category 
7.7.4.5.6. BPS Analysis of Plant Based Milk  Market by Category
 
7.7.4.6. Latin America Plant Based Milk  Market By Packaging Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.6.1. Market Share(%) of Plant Based Milk  Market by Packaging Type 
7.7.4.6.2. Pouches (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.6.3. Bottles (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.6.4. Carton Packaging (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.6.5. Market Attractiveness of Plant Based Milk  Market by Packaging Type
7.7.4.6.6. BPS Analysis of Plant Based Milk  Market by Packaging Type
 
7.7.4.7.  Latin America Plant Based Milk  Market By Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.7.1. Market Share(%) of Plant Based Milk  Market by Distribution Channel 
7.7.4.7.2. Offline Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.7.2.1. Supermarket/Hypermarket (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.7.2.2. Retail Shops (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.7.2.3. Specialty Stores (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.7.3. Online Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.4.7.4. Market Attractiveness of Plant Based Milk  Market by Distribution Channel 
7.7.4.7.5. BPS Analysis of Plant Based Milk  Market by Distribution Channel
 
7.7.5. Asia Pacific (APAC) Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
 
7.7.5.1. Asia Pacific Plant Based Milk Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.7.5.1.1. China Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.1.2. Japan Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.1.3. India Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.1.4. Singapore Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.1.5. South Korea Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.1.6. Australia Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.1.7. New Zealand Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.1.8. Rest of APAC Plant Based Milk Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.1.9. Market Attractiveness of Plant Based Milk Market by Country 
7.7.5.1.10. BPS Analysis of Plant Based Milk Market by Country
 
7.7.5.2. Asia Pacific Plant Based Milk  Market By Product Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.2.1. Market Share(%) of Plant Based Milk  Market by Product Type
7.7.5.2.2. Almond Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.2.3. Oat Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.2.4. Hemp Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.2.5. Nut Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.2.6. Rice Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.2.7. Coconut Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.2.8. Soy Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.2.9. Others (Pea, Flax, Macadamia etc.) (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.2.10. Market Attractiveness of Plant Based Milk  Market by Product Type
7.7.5.2.11. BPS Analysis of Plant Based Milk  Market by Product Type 
 
7.7.5.3. Asia Pacific Plant Based Milk  Market By Application (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.3.1. Market Share(%) of Plant Based Milk  Market by Application
7.7.5.3.2. Ice-cream (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.3.3. Cheese (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.3.4. Beverages (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.3.5. Milk (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.3.6. Market Attractiveness of Plant Based Milk  Market by Application
7.7.5.3.7. BPS Analysis of Plant Based Milk  Market by Application
 
7.7.5.4. Asia Pacific Plant Based Milk  Market By Formulation (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.4.1. Market Share(%) of Plant Based Milk  Market by Formulation 
7.7.5.4.2. Plain (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.4.3. Flavored (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.4.4. Market Attractiveness of Plant Based Milk  Market by Formulation
7.7.5.4.5. BPS Analysis of Plant Based Milk  Market by Formulation
7.7.5.5. Asia Pacific Plant Based Milk  Market By Category (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.5.1. Market Share(%) of Plant Based Milk  Market by Category 
7.7.5.5.2. Diabetic free (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.5.3. Gluten Free (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.5.4. Lactose free (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.5.5. Market Attractiveness of Plant Based Milk  Market by Category 
7.7.5.5.6. BPS Analysis of Plant Based Milk  Market by Category
 
7.7.5.6. Asia Pacific Plant Based Milk  Market By Packaging Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.6.1. Market Share(%) of Plant Based Milk  Market by Packaging Type 
7.7.5.6.2. Pouches (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.6.3. Bottles (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.6.4. Carton Packaging (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.6.5. Market Attractiveness of Plant Based Milk  Market by Packaging Type
7.7.5.6.6. BPS Analysis of Plant Based Milk  Market by Packaging Type
 
7.7.5.7.  Asia Pacific Plant Based Milk  Market By Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.7.1. Market Share(%) of Plant Based Milk  Market by Distribution Channel 
7.7.5.7.2. Offline Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.7.2.1. Supermarket/Hypermarket (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.7.2.2. Retail Shops (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.7.2.3. Specialty Stores (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.7.3. Online Distribution Channel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.7.5.7.4. Market Attractiveness of Plant Based Milk  Market by Distribution Channel 
7.7.5.7.5. BPS Analysis of Plant Based Milk  Market by Distribution Channel
 
8. Competitive Outlook
8.1. Market Share of Major Players (2016)
8.2. Company Profiles
8.2.1. Ripple Foods Bimbo
8.2.1.1. Company Synopsis
8.2.1.2. Business Strategy
8.2.1.3. Product Portfolio
8.2.1.4. SWOT Analysis
8.2.2. Danone
8.2.3. WhiteWave Foods 
8.2.4. Archer-Daniels-Midland 
8.2.5. Hain Celestial Group 
8.2.6. Califia Farms
8.2.7. Daiya Foods 
8.2.8. Freedom Foods
8.2.9. REAM 
8.2.10. Malk Organic 
8.2.11. The New Barn
8.2.12. Grace Foods 
8.2.13. Pureharvest
 
9. Porter’s Five Force Model
10. Market Landscape: Competition and Beyond
11. Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem
12. Expert Analysis
13. Concluding Remarks
}

Global Plant Based Milk Market Size by Product Type (Almond, Oat,  Hemp, & Others), by Application (Ice-cream, Beverages, Cheese, & Milk), & by Formulation (Plain & Flavored) With COVID-19 impact | Forecast Period 2017-2030

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