The volume in the 'Milk Substitutes' segment of the food market in the European Union was forecast to continuously increase between 2024 and 2029 by in total 895.2 thousand tons (+59.27 percent). After the tenth consecutive increasing year, the volume is estimated to reach 2.4 billion kilograms and therefore a new peak in 2029. Notably, the volume of the 'Milk Substitutes' segment of the food market was continuously increasing over the past years.
EU-27 is the European Union without the UK for all years
Supplementary notes
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.
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Statista. (September 27, 2024). Volume of the milk substitutes market in the European Union (EU-27) from 2019 to 2029 (in million kilograms) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/forecasts/1342946/eu-milk-substitute-market-volume-size
Statista. "Volume of the milk substitutes market in the European Union (EU-27) from 2019 to 2029 (in million kilograms)." Chart. September 27, 2024. Statista. Accessed December 03, 2024. https://www.statista.com/forecasts/1342946/eu-milk-substitute-market-volume-size
Statista. (2024). Volume of the milk substitutes market in the European Union (EU-27) from 2019 to 2029 (in million kilograms). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/forecasts/1342946/eu-milk-substitute-market-volume-size
Statista. "Volume of The Milk Substitutes Market in The European Union (Eu-27) from 2019 to 2029 (in Million Kilograms)." Statista, Statista Inc., 27 Sep 2024, https://www.statista.com/forecasts/1342946/eu-milk-substitute-market-volume-size
Statista, Volume of the milk substitutes market in the European Union (EU-27) from 2019 to 2029 (in million kilograms) Statista, https://www.statista.com/forecasts/1342946/eu-milk-substitute-market-volume-size (last visited December 03, 2024)
Volume of the milk substitutes market in the European Union (EU-27) from 2019 to 2029 (in million kilograms) [Graph], Statista, September 27, 2024. [Online]. Available: https://www.statista.com/forecasts/1342946/eu-milk-substitute-market-volume-size