The milk substitute market in the United States generated a revenue of 2.71 billion U.S. dollars in 2024. Since 2019, the market has grown by over two billion U.S. dollars and is forecast to further increase in the coming years.
Revenue of the milk substitute market in the United States from 2019 to 2029
(in million U.S. dollars)
Data provided by Statista Market Insights are estimates.
Definition:
Milk substitutes refer to any type of milk not derived from animals. The Milk Substitutes segment 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.
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Statista. (July 31, 2024). Revenue of the milk substitute market in the United States from 2019 to 2029 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1238235/forecast-of-the-retail-sales-of-milk-alternatives/
Statista. "Revenue of the milk substitute market in the United States from 2019 to 2029 (in million U.S. dollars) ." Chart. July 31, 2024. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1238235/forecast-of-the-retail-sales-of-milk-alternatives/
Statista. (2024). Revenue of the milk substitute market in the United States from 2019 to 2029 (in million U.S. dollars) . Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1238235/forecast-of-the-retail-sales-of-milk-alternatives/
Statista. "Revenue of The Milk Substitute Market in The United States from 2019 to 2029 (in Million U.S. Dollars) ." Statista, Statista Inc., 31 Jul 2024, https://www.statista.com/statistics/1238235/forecast-of-the-retail-sales-of-milk-alternatives/
Statista, Revenue of the milk substitute market in the United States from 2019 to 2029 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1238235/forecast-of-the-retail-sales-of-milk-alternatives/ (last visited December 03, 2024)
Revenue of the milk substitute market in the United States from 2019 to 2029 (in million U.S. dollars) [Graph], Statista, July 31, 2024. [Online]. Available: https://www.statista.com/statistics/1238235/forecast-of-the-retail-sales-of-milk-alternatives/
