Revenue of the milk substitutes industry worldwide 2019-2029

Revenue of the milk substitutes market worldwide from 2019 to 2029

CharacteristicRevenue in billion U.S. dollars
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Statistic: Revenue of the milk substitutes market worldwide from 2019 to 2029 (in billion U.S. dollars)
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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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Plant-based milk market in the U.S.

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