In 2020, the retail sales value of soy drinks was estimated to be approximately 342 million U.S. dollars in the United States. In comparison, other milk alternatives were estimated to be nearly 2.5 billion U.S. dollars in 2020. By 2025, the sales value for soy drinks is expected to decrease to 175 million U.S. dollars, while other milk alternatives are forecast to grow.
Forecast of the retail sales of milk alternatives in the United States from 2020 to 2025 (in million U.S. dollars), by category
Adapted from Statistics Canada, Milk alternative beverages (plant-based beverages) in Canada and in the United States, 2018 to 2020. This does not constitute an endorsement by Statistics Canada of this product.
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Agriculture and Agri-Food Canada. (May 12, 2021). Forecast of the retail sales of milk alternatives in the United States from 2020 to 2025 (in million U.S. dollars), by category [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1238093/forecast-of-the-retail-sales-of-milk-alternatives-united-states/
Agriculture and Agri-Food Canada. "Forecast of the retail sales of milk alternatives in the United States from 2020 to 2025 (in million U.S. dollars), by category." Chart. May 12, 2021. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1238093/forecast-of-the-retail-sales-of-milk-alternatives-united-states/
Agriculture and Agri-Food Canada. (2021). Forecast of the retail sales of milk alternatives in the United States from 2020 to 2025 (in million U.S. dollars), by category. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1238093/forecast-of-the-retail-sales-of-milk-alternatives-united-states/
Agriculture and Agri-Food Canada. "Forecast of The Retail Sales of Milk Alternatives in The United States from 2020 to 2025 (in Million U.S. Dollars), by Category." Statista, Statista Inc., 12 May 2021, https://www.statista.com/statistics/1238093/forecast-of-the-retail-sales-of-milk-alternatives-united-states/
Agriculture and Agri-Food Canada, Forecast of the retail sales of milk alternatives in the United States from 2020 to 2025 (in million U.S. dollars), by category Statista, https://www.statista.com/statistics/1238093/forecast-of-the-retail-sales-of-milk-alternatives-united-states/ (last visited December 21, 2024)
Forecast of the retail sales of milk alternatives in the United States from 2020 to 2025 (in million U.S. dollars), by category [Graph], Agriculture and Agri-Food Canada, May 12, 2021. [Online]. Available: https://www.statista.com/statistics/1238093/forecast-of-the-retail-sales-of-milk-alternatives-united-states/
