Plant-based Dairy Market to Expand at a Healthy CAGR of 11% through 2031

Plant-based Dairy Market

– The global plant based dairy market is anticipated to add almost 3x value by 2031 – Almond milk remained the top selling category in 2020, clocking a value of US$ 6.5 BIllion – Sales across the U.S market to compound at a CAGR of over 10% until 2031 – Organic dairy sales in China topped US$ 1 Bn in 2020, forecast to expand at nearly 14% CAGR

Key Takeaways from the Market Study

Key Segments Covered

Product – Plant Based Milk (by Protein Source)Almonds Cashews Coconuts Hazelnuts –Plant Based Frozen Desserts (by Protein Source)  Avocados Oats Cashews – Nature Organic Plant Based Dairy Conventional Plant Based Dairy

Key Segments Covered

End Use – Plant Based Dairy for B2B Consumers Plant Based Dairy for B2C Consumers – HoReCa Sales Channel – Plant Based Dairy Sales through Direct Channels – Plant Based Dairy  Sales through Retail Channels

Key Companies Profiled

– Danone SA. – Lactalis – Arla Foods – Chobani – General Mills – Saputo – Unilever – Kraft Heinz – Nestle – Bel Group – Muller

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