Milk Substitute Materials are extracts from sources such as soy, almonds, coconuts, oats, rice is a best alternative for dairy milk and other animal milk present in the market. Due to its high nutritional values and rich in vitamins, minerals, carbohydrates and proteins plant milk is widely accepted among consumers. It has various applications in food and beverage, dairy industry.
Highlights
The global Milk Substitutes market was valued at US$ 12580 million in 2022 and is anticipated to reach US$ 22980 million by 2029, witnessing a CAGR of 8.8% during the forecast period 2023-2029. The influence of COVID-19 and the Netherlands-Ukraine War were considered while estimating market sizes.
Danone and Blue Diamond Growers are the top 2 manufacturers of milk substitute materials globally and account for over 20% of global market share in total. Geographically speaking, Asia-Pacific holds over 40% of global market share. In terms of raw material, soy and almond hold over half of total market share. In terms of end use, direct drink segment accounts for over 60% of total market share.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Milk Substitutes, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Milk Substitutes.
The Milk Substitutes market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Milk Substitutes market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Milk Substitutes manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application and by regions.
By Company
FrieslandCampina
DEK(Grandos)
DMK(TURM-Sahne GmbH)
Cocomi
Caribbean
Maggi
Fiesta
Renuka
Cocos
Qbb
Thai-Choice
Ayam
Caprimo
Super Group
Yearrakarn
Custom Food Group
PT. Santos Premium Krimer
PT Aloe Vera
Suzhou Jiahe Foods Industry
Wenhui Food
Bigtree Group
Zhucheng Dongxiao Biotechnology
Jiangxi Weirbao Food Biotechnology
Hubei Hong Yuan Food
Fujian Jumbo Grand Food
Shandong Tianmei Bio
Amrut International
Segment by Type
Coffee Creamers
Coconut Milk
Other
Segment by Application
Drinks
Food
Other
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Milk Substitutes manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Milk Substitutes in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
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1 Milk Substitutes 麻豆原创 Overview
1.1 Product Overview and Scope of Milk Substitutes
1.2 Milk Substitutes Segment by Type
1.2.1 Global Milk Substitutes 麻豆原创 Value Comparison by Type (2023-2029)
1.2.2 Coffee Creamers
1.2.3 Coconut Milk
1.2.4 Other
1.3 Milk Substitutes Segment by Application
1.3.1 Global Milk Substitutes 麻豆原创 Value by Application: (2023-2029)
1.3.2 Drinks
1.3.3 Food
1.3.4 Other
1.4 Global Milk Substitutes 麻豆原创 Size Estimates and Forecasts
1.4.1 Global Milk Substitutes Revenue 2018-2029
1.4.2 Global Milk Substitutes Sales 2018-2029
1.4.3 Global Milk Substitutes 麻豆原创 Average Price (2018-2029)
1.5 Assumptions and Limitations
2 Milk Substitutes 麻豆原创 Competition by Manufacturers
2.1 Global Milk Substitutes Sales 麻豆原创 Share by Manufacturers (2018-2023)
2.2 Global Milk Substitutes Revenue 麻豆原创 Share by Manufacturers (2018-2023)
2.3 Global Milk Substitutes Average Price by Manufacturers (2018-2023)
2.4 Global Milk Substitutes Industry Ranking 2021 VS 2022 VS 2023
2.5 Global Key Manufacturers of Milk Substitutes, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Milk Substitutes, Product Type & Application
2.7 Milk Substitutes 麻豆原创 Competitive Situation and Trends
2.7.1 Milk Substitutes 麻豆原创 Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Milk Substitutes Players 麻豆原创 Share by Revenue
2.7.3 Global Milk Substitutes 麻豆原创 Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Milk Substitutes Retrospective 麻豆原创 Scenario by Region
3.1 Global Milk Substitutes 麻豆原创 Size by Region: 2018 Versus 2022 Versus 2029
3.2 Global Milk Substitutes Global Milk Substitutes Sales by Region: 2018-2029
3.2.1 Global Milk Substitutes Sales by Region: 2018-2023
3.2.2 Global Milk Substitutes Sales by Region: 2024-2029
3.3 Global Milk Substitutes Global Milk Substitutes Revenue by Region: 2018-2029
3.3.1 Global Milk Substitutes Revenue by Region: 2018-2023
3.3.2 Global Milk Substitutes Revenue by Region: 2024-2029
3.4 North America Milk Substitutes 麻豆原创 Facts & Figures by Country
3.4.1 North America Milk Substitutes 麻豆原创 Size by Country: 2018 VS 2022 VS 2029
3.4.2 North America Milk Substitutes Sales by Country (2018-2029)
3.4.3 North America Milk Substitutes Revenue by Country (2018-2029)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Milk Substitutes 麻豆原创 Facts & Figures by Country
3.5.1 Europe Milk Substitutes 麻豆原创 Size by Country: 2018 VS 2022 VS 2029
3.5.2 Europe Milk Substitutes Sales by Country (2018-2029)
3.5.3 Europe Milk Substitutes Revenue by Country (2018-2029)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Milk Substitutes 麻豆原创 Facts & Figures by Country
3.6.1 Asia Pacific Milk Substitutes 麻豆原创 Size by Country: 2018 VS 2022 VS 2029
3.6.2 Asia Pacific Milk Substitutes Sales by Country (2018-2029)
3.6.3 Asia Pacific Milk Substitutes Revenue by Country (2018-2029)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Milk Substitutes 麻豆原创 Facts & Figures by Country
3.7.1 Latin America Milk Substitutes 麻豆原创 Size by Country: 2018 VS 2022 VS 2029
3.7.2 Latin America Milk Substitutes Sales by Country (2018-2029)
3.7.3 Latin America Milk Substitutes Revenue by Country (2018-2029)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Milk Substitutes 麻豆原创 Facts & Figures by Country
3.8.1 Middle East and Africa Milk Substitutes 麻豆原创 Size by Country: 2018 VS 2022 VS 2029
3.8.2 Middle East and Africa Milk Substitutes Sales by Country (2018-2029)
3.8.3 Middle East and Africa Milk Substitutes Revenue by Country (2018-2029)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Milk Substitutes Sales by Type (2018-2029)
4.1.1 Global Milk Substitutes Sales by Type (2018-2023)
4.1.2 Global Milk Substitutes Sales by Type (2024-2029)
4.1.3 Global Milk Substitutes Sales 麻豆原创 Share by Type (2018-2029)
4.2 Global Milk Substitutes Revenue by Type (2018-2029)
4.2.1 Global Milk Substitutes Revenue by Type (2018-2023)
4.2.2 Global Milk Substitutes Revenue by Type (2024-2029)
4.2.3 Global Milk Substitutes Revenue 麻豆原创 Share by Type (2018-2029)
4.3 Global Milk Substitutes Price by Type (2018-2029)
5 Segment by Application
5.1 Global Milk Substitutes Sales by Application (2018-2029)
5.1.1 Global Milk Substitutes Sales by Application (2018-2023)
5.1.2 Global Milk Substitutes Sales by Application (2024-2029)
5.1.3 Global Milk Substitutes Sales 麻豆原创 Share by Application (2018-2029)
5.2 Global Milk Substitutes Revenue by Application (2018-2029)
5.2.1 Global Milk Substitutes Revenue by Application (2018-2023)
5.2.2 Global Milk Substitutes Revenue by Application (2024-2029)
5.2.3 Global Milk Substitutes Revenue 麻豆原创 Share by Application (2018-2029)
5.3 Global Milk Substitutes Price by Application (2018-2029)
6 Key Companies Profiled
6.1 FrieslandCampina
6.1.1 FrieslandCampina Corporation Information
6.1.2 FrieslandCampina Description and Business Overview
6.1.3 FrieslandCampina Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.1.4 FrieslandCampina Milk Substitutes Product Portfolio
6.1.5 FrieslandCampina Recent Developments/Updates
6.2 DEK(Grandos)
6.2.1 DEK(Grandos) Corporation Information
6.2.2 DEK(Grandos) Description and Business Overview
6.2.3 DEK(Grandos) Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.2.4 DEK(Grandos) Milk Substitutes Product Portfolio
6.2.5 DEK(Grandos) Recent Developments/Updates
6.3 DMK(TURM-Sahne GmbH)
6.3.1 DMK(TURM-Sahne GmbH) Corporation Information
6.3.2 DMK(TURM-Sahne GmbH) Description and Business Overview
6.3.3 DMK(TURM-Sahne GmbH) Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.3.4 DMK(TURM-Sahne GmbH) Milk Substitutes Product Portfolio
6.3.5 DMK(TURM-Sahne GmbH) Recent Developments/Updates
6.4 Cocomi
6.4.1 Cocomi Corporation Information
6.4.2 Cocomi Description and Business Overview
6.4.3 Cocomi Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.4.4 Cocomi Milk Substitutes Product Portfolio
6.4.5 Cocomi Recent Developments/Updates
6.5 Caribbean
6.5.1 Caribbean Corporation Information
6.5.2 Caribbean Description and Business Overview
6.5.3 Caribbean Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.5.4 Caribbean Milk Substitutes Product Portfolio
6.5.5 Caribbean Recent Developments/Updates
6.6 Maggi
6.6.1 Maggi Corporation Information
6.6.2 Maggi Description and Business Overview
6.6.3 Maggi Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.6.4 Maggi Milk Substitutes Product Portfolio
6.6.5 Maggi Recent Developments/Updates
6.7 Fiesta
6.6.1 Fiesta Corporation Information
6.6.2 Fiesta Description and Business Overview
6.6.3 Fiesta Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.4.4 Fiesta Milk Substitutes Product Portfolio
6.7.5 Fiesta Recent Developments/Updates
6.8 Renuka
6.8.1 Renuka Corporation Information
6.8.2 Renuka Description and Business Overview
6.8.3 Renuka Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.8.4 Renuka Milk Substitutes Product Portfolio
6.8.5 Renuka Recent Developments/Updates
6.9 Cocos
6.9.1 Cocos Corporation Information
6.9.2 Cocos Description and Business Overview
6.9.3 Cocos Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.9.4 Cocos Milk Substitutes Product Portfolio
6.9.5 Cocos Recent Developments/Updates
6.10 Qbb
6.10.1 Qbb Corporation Information
6.10.2 Qbb Description and Business Overview
6.10.3 Qbb Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.10.4 Qbb Milk Substitutes Product Portfolio
6.10.5 Qbb Recent Developments/Updates
6.11 Thai-Choice
6.11.1 Thai-Choice Corporation Information
6.11.2 Thai-Choice Milk Substitutes Description and Business Overview
6.11.3 Thai-Choice Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.11.4 Thai-Choice Milk Substitutes Product Portfolio
6.11.5 Thai-Choice Recent Developments/Updates
6.12 Ayam
6.12.1 Ayam Corporation Information
6.12.2 Ayam Milk Substitutes Description and Business Overview
6.12.3 Ayam Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.12.4 Ayam Milk Substitutes Product Portfolio
6.12.5 Ayam Recent Developments/Updates
6.13 Caprimo
6.13.1 Caprimo Corporation Information
6.13.2 Caprimo Milk Substitutes Description and Business Overview
6.13.3 Caprimo Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.13.4 Caprimo Milk Substitutes Product Portfolio
6.13.5 Caprimo Recent Developments/Updates
6.14 Super Group
6.14.1 Super Group Corporation Information
6.14.2 Super Group Milk Substitutes Description and Business Overview
6.14.3 Super Group Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.14.4 Super Group Milk Substitutes Product Portfolio
6.14.5 Super Group Recent Developments/Updates
6.15 Yearrakarn
6.15.1 Yearrakarn Corporation Information
6.15.2 Yearrakarn Milk Substitutes Description and Business Overview
6.15.3 Yearrakarn Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.15.4 Yearrakarn Milk Substitutes Product Portfolio
6.15.5 Yearrakarn Recent Developments/Updates
6.16 Custom Food Group
6.16.1 Custom Food Group Corporation Information
6.16.2 Custom Food Group Milk Substitutes Description and Business Overview
6.16.3 Custom Food Group Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.16.4 Custom Food Group Milk Substitutes Product Portfolio
6.16.5 Custom Food Group Recent Developments/Updates
6.17 PT. Santos Premium Krimer
6.17.1 PT. Santos Premium Krimer Corporation Information
6.17.2 PT. Santos Premium Krimer Milk Substitutes Description and Business Overview
6.17.3 PT. Santos Premium Krimer Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.17.4 PT. Santos Premium Krimer Milk Substitutes Product Portfolio
6.17.5 PT. Santos Premium Krimer Recent Developments/Updates
6.18 PT Aloe Vera
6.18.1 PT Aloe Vera Corporation Information
6.18.2 PT Aloe Vera Milk Substitutes Description and Business Overview
6.18.3 PT Aloe Vera Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.18.4 PT Aloe Vera Milk Substitutes Product Portfolio
6.18.5 PT Aloe Vera Recent Developments/Updates
6.19 Suzhou Jiahe Foods Industry
6.19.1 Suzhou Jiahe Foods Industry Corporation Information
6.19.2 Suzhou Jiahe Foods Industry Milk Substitutes Description and Business Overview
6.19.3 Suzhou Jiahe Foods Industry Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.19.4 Suzhou Jiahe Foods Industry Milk Substitutes Product Portfolio
6.19.5 Suzhou Jiahe Foods Industry Recent Developments/Updates
6.20 Wenhui Food
6.20.1 Wenhui Food Corporation Information
6.20.2 Wenhui Food Milk Substitutes Description and Business Overview
6.20.3 Wenhui Food Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.20.4 Wenhui Food Milk Substitutes Product Portfolio
6.20.5 Wenhui Food Recent Developments/Updates
6.21 Bigtree Group
6.21.1 Bigtree Group Corporation Information
6.21.2 Bigtree Group Milk Substitutes Description and Business Overview
6.21.3 Bigtree Group Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.21.4 Bigtree Group Milk Substitutes Product Portfolio
6.21.5 Bigtree Group Recent Developments/Updates
6.22 Zhucheng Dongxiao Biotechnology
6.22.1 Zhucheng Dongxiao Biotechnology Corporation Information
6.22.2 Zhucheng Dongxiao Biotechnology Milk Substitutes Description and Business Overview
6.22.3 Zhucheng Dongxiao Biotechnology Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.22.4 Zhucheng Dongxiao Biotechnology Milk Substitutes Product Portfolio
6.22.5 Zhucheng Dongxiao Biotechnology Recent Developments/Updates
6.23 Jiangxi Weirbao Food Biotechnology
6.23.1 Jiangxi Weirbao Food Biotechnology Corporation Information
6.23.2 Jiangxi Weirbao Food Biotechnology Milk Substitutes Description and Business Overview
6.23.3 Jiangxi Weirbao Food Biotechnology Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.23.4 Jiangxi Weirbao Food Biotechnology Milk Substitutes Product Portfolio
6.23.5 Jiangxi Weirbao Food Biotechnology Recent Developments/Updates
6.24 Hubei Hong Yuan Food
6.24.1 Hubei Hong Yuan Food Corporation Information
6.24.2 Hubei Hong Yuan Food Milk Substitutes Description and Business Overview
6.24.3 Hubei Hong Yuan Food Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.24.4 Hubei Hong Yuan Food Milk Substitutes Product Portfolio
6.24.5 Hubei Hong Yuan Food Recent Developments/Updates
6.25 Fujian Jumbo Grand Food
6.25.1 Fujian Jumbo Grand Food Corporation Information
6.25.2 Fujian Jumbo Grand Food Milk Substitutes Description and Business Overview
6.25.3 Fujian Jumbo Grand Food Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.25.4 Fujian Jumbo Grand Food Milk Substitutes Product Portfolio
6.25.5 Fujian Jumbo Grand Food Recent Developments/Updates
6.26 Shandong Tianmei Bio
6.26.1 Shandong Tianmei Bio Corporation Information
6.26.2 Shandong Tianmei Bio Milk Substitutes Description and Business Overview
6.26.3 Shandong Tianmei Bio Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.26.4 Shandong Tianmei Bio Milk Substitutes Product Portfolio
6.26.5 Shandong Tianmei Bio Recent Developments/Updates
6.27 Amrut International
6.27.1 Amrut International Corporation Information
6.27.2 Amrut International Milk Substitutes Description and Business Overview
6.27.3 Amrut International Milk Substitutes Sales, Revenue and Gross Margin (2018-2023)
6.27.4 Amrut International Milk Substitutes Product Portfolio
6.27.5 Amrut International Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Milk Substitutes Industry Chain Analysis
7.2 Milk Substitutes Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Milk Substitutes Production Mode & Process
7.4 Milk Substitutes Sales and 麻豆原创ing
7.4.1 Milk Substitutes Sales Channels
7.4.2 Milk Substitutes Distributors
7.5 Milk Substitutes Customers
8 Milk Substitutes 麻豆原创 Dynamics
8.1 Milk Substitutes Industry Trends
8.2 Milk Substitutes 麻豆原创 Drivers
8.3 Milk Substitutes 麻豆原创 Challenges
8.4 Milk Substitutes 麻豆原创 Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 麻豆原创 Size Estimation
10.1.3 麻豆原创 Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
FrieslandCampina
DEK(Grandos)
DMK(TURM-Sahne GmbH)
Cocomi
Caribbean
Maggi
Fiesta
Renuka
Cocos
Qbb
Thai-Choice
Ayam
Caprimo
Super Group
Yearrakarn
Custom Food Group
PT. Santos Premium Krimer
PT Aloe Vera
Suzhou Jiahe Foods Industry
Wenhui Food
Bigtree Group
Zhucheng Dongxiao Biotechnology
Jiangxi Weirbao Food Biotechnology
Hubei Hong Yuan Food
Fujian Jumbo Grand Food
Shandong Tianmei Bio
Amrut International
听
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*If Applicable.