The revenue change in the 'Milk Substitutes' segment of the food market in the United States was forecast to decrease between 2024 and 2029 by in total one percentage points. This overall decrease does not happen continuously, notably not in 2026, 2027 and 2029. The revenue change is estimated to amount to 6.16 percent in 2029.
Data provided by Statista Market Insights are estimates.
Definition:
Milk substitutes refer to any type of milk not derived from animals. The Milk Substitutes market covers all types of plant-based milk such as soya, almond, oat, rice, coconut, spelt, and other. “Other” includes hazelnut, soya/rice blend, buckwheat, cashew, pea, millet, lupine, hemp, quinoa, flax seed, grain, etc.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram). The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.
For more information on the displayed data, click the info button on the right side of each box.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (September 27, 2024). Revenue growth of the milk substitutes market in the United States from 2020 to 2029 [Graph]. In Statista. Retrieved November 10, 2024, from https://www.statista.com/statistics/1277971/united-states-milk-substitute-market-revenue-growth/
Statista. "Revenue growth of the milk substitutes market in the United States from 2020 to 2029." Chart. September 27, 2024. Statista. Accessed November 10, 2024. https://www.statista.com/statistics/1277971/united-states-milk-substitute-market-revenue-growth/
Statista. (2024). Revenue growth of the milk substitutes market in the United States from 2020 to 2029. Statista. Statista Inc.. Accessed: November 10, 2024. https://www.statista.com/statistics/1277971/united-states-milk-substitute-market-revenue-growth/
Statista. "Revenue Growth of The Milk Substitutes Market in The United States from 2020 to 2029." Statista, Statista Inc., 27 Sep 2024, https://www.statista.com/statistics/1277971/united-states-milk-substitute-market-revenue-growth/
Statista, Revenue growth of the milk substitutes market in the United States from 2020 to 2029 Statista, https://www.statista.com/statistics/1277971/united-states-milk-substitute-market-revenue-growth/ (last visited November 10, 2024)
Revenue growth of the milk substitutes market in the United States from 2020 to 2029 [Graph], Statista, September 27, 2024. [Online]. Available: https://www.statista.com/statistics/1277971/united-states-milk-substitute-market-revenue-growth/
