The volume in the 'Milk Substitutes' segment of the food market in the United States was forecast to continuously increase between 2024 and 2029 by in total 337.1 thousand tons (+34.27 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 1.3 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.
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.
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. (June 18, 2024). Volume of the milk substitutes market in the United States from 2019 to 2029 (in million kilograms) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/forecasts/1277975/milk-substitute-united-states-consumption
Statista. "Volume of the milk substitutes market in the United States from 2019 to 2029 (in million kilograms)." Chart. June 18, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/forecasts/1277975/milk-substitute-united-states-consumption
Statista. (2024). Volume of the milk substitutes market in the United States from 2019 to 2029 (in million kilograms). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/forecasts/1277975/milk-substitute-united-states-consumption
Statista. "Volume of The Milk Substitutes Market in The United States from 2019 to 2029 (in Million Kilograms)." Statista, Statista Inc., 18 Jun 2024, https://www.statista.com/forecasts/1277975/milk-substitute-united-states-consumption
Statista, Volume of the milk substitutes market in the United States from 2019 to 2029 (in million kilograms) Statista, https://www.statista.com/forecasts/1277975/milk-substitute-united-states-consumption (last visited August 24, 2024)
Volume of the milk substitutes market in the United States from 2019 to 2029 (in million kilograms) [Graph], Statista, June 18, 2024. [Online]. Available: https://www.statista.com/forecasts/1277975/milk-substitute-united-states-consumption