Report Detail

Food & Beverages Global Milk Substitute Materials Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

  • RnM4617844
  • |
  • 26 September, 2024
  • |
  • Global
  • |
  • 106 Pages
  • |
  • GIR (Global Info Research)
  • |
  • Food & Beverages

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.
According to our (Global Info Research) latest study, the global Milk Substitute Materials market size was valued at US$ 15550 million in 2023 and is forecast to a readjusted size of USD 47110 million by 2030 with a CAGR of 17.4% during review period.
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.
This report is a detailed and comprehensive analysis for global Milk Substitute Materials market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Milk Substitute Materials market size and forecasts, in consumption value ($ Million), sales quantity (Million Liters), and average selling prices (USD/Kiloliters), 2019-2030
Global Milk Substitute Materials market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Million Liters), and average selling prices (USD/Kiloliters), 2019-2030
Global Milk Substitute Materials market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Million Liters), and average selling prices (USD/Kiloliters), 2019-2030
Global Milk Substitute Materials market shares of main players, shipments in revenue ($ Million), sales quantity (Million Liters), and ASP (USD/Kiloliters), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Milk Substitute Materials
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Milk Substitute Materials market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Danone, Blue Diamond Growers, Oatly, Kikkoman Corporation, Califia Farms, Earth’s Own Food Company, Ezaki Glico, Ripple Foods, Marusan-Ai Co. Ltd, Campbell Soup Company, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Milk Substitute Materials market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Almond
Soy
Coconut
Rice
Oats
Others
Market segment by Application
Direct Drink
Confectionery
Bakery
Ice Cream
Cheese
Others
Major players covered
Danone
Blue Diamond Growers
Oatly
Kikkoman Corporation
Califia Farms
Earth’s Own Food Company
Ezaki Glico
Ripple Foods
Marusan-Ai Co. Ltd
Campbell Soup Company
SunOpta
Nutrisoya Foods
Elmhurst Milked Direct
Panos Brands
Jindilli Beverages (milkadamia)
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Milk Substitute Materials product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Milk Substitute Materials, with price, sales quantity, revenue, and global market share of Milk Substitute Materials from 2019 to 2024.
Chapter 3, the Milk Substitute Materials competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Milk Substitute Materials breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Milk Substitute Materials market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Milk Substitute Materials.
Chapter 14 and 15, to describe Milk Substitute Materials sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Milk Substitute Materials Consumption Value by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Almond
    • 1.3.3 Soy
    • 1.3.4 Coconut
    • 1.3.5 Rice
    • 1.3.6 Oats
    • 1.3.7 Others
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Milk Substitute Materials Consumption Value by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Direct Drink
    • 1.4.3 Confectionery
    • 1.4.4 Bakery
    • 1.4.5 Ice Cream
    • 1.4.6 Cheese
    • 1.4.7 Others
  • 1.5 Global Milk Substitute Materials Market Size & Forecast
    • 1.5.1 Global Milk Substitute Materials Consumption Value (2019 & 2023 & 2030)
    • 1.5.2 Global Milk Substitute Materials Sales Quantity (2019-2030)
    • 1.5.3 Global Milk Substitute Materials Average Price (2019-2030)

2 Manufacturers Profiles

  • 2.1 Danone
    • 2.1.1 Danone Details
    • 2.1.2 Danone Major Business
    • 2.1.3 Danone Milk Substitute Materials Product and Services
    • 2.1.4 Danone Milk Substitute Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 Danone Recent Developments/Updates
  • 2.2 Blue Diamond Growers
    • 2.2.1 Blue Diamond Growers Details
    • 2.2.2 Blue Diamond Growers Major Business
    • 2.2.3 Blue Diamond Growers Milk Substitute Materials Product and Services
    • 2.2.4 Blue Diamond Growers Milk Substitute Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 Blue Diamond Growers Recent Developments/Updates
  • 2.3 Oatly
    • 2.3.1 Oatly Details
    • 2.3.2 Oatly Major Business
    • 2.3.3 Oatly Milk Substitute Materials Product and Services
    • 2.3.4 Oatly Milk Substitute Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 Oatly Recent Developments/Updates
  • 2.4 Kikkoman Corporation
    • 2.4.1 Kikkoman Corporation Details
    • 2.4.2 Kikkoman Corporation Major Business
    • 2.4.3 Kikkoman Corporation Milk Substitute Materials Product and Services
    • 2.4.4 Kikkoman Corporation Milk Substitute Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 Kikkoman Corporation Recent Developments/Updates
  • 2.5 Califia Farms
    • 2.5.1 Califia Farms Details
    • 2.5.2 Califia Farms Major Business
    • 2.5.3 Califia Farms Milk Substitute Materials Product and Services
    • 2.5.4 Califia Farms Milk Substitute Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 Califia Farms Recent Developments/Updates
  • 2.6 Earth’s Own Food Company
    • 2.6.1 Earth’s Own Food Company Details
    • 2.6.2 Earth’s Own Food Company Major Business
    • 2.6.3 Earth’s Own Food Company Milk Substitute Materials Product and Services
    • 2.6.4 Earth’s Own Food Company Milk Substitute Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.6.5 Earth’s Own Food Company Recent Developments/Updates
  • 2.7 Ezaki Glico
    • 2.7.1 Ezaki Glico Details
    • 2.7.2 Ezaki Glico Major Business
    • 2.7.3 Ezaki Glico Milk Substitute Materials Product and Services
    • 2.7.4 Ezaki Glico Milk Substitute Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.7.5 Ezaki Glico Recent Developments/Updates
  • 2.8 Ripple Foods
    • 2.8.1 Ripple Foods Details
    • 2.8.2 Ripple Foods Major Business
    • 2.8.3 Ripple Foods Milk Substitute Materials Product and Services
    • 2.8.4 Ripple Foods Milk Substitute Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.8.5 Ripple Foods Recent Developments/Updates
  • 2.9 Marusan-Ai Co. Ltd
    • 2.9.1 Marusan-Ai Co. Ltd Details
    • 2.9.2 Marusan-Ai Co. Ltd Major Business
    • 2.9.3 Marusan-Ai Co. Ltd Milk Substitute Materials Product and Services
    • 2.9.4 Marusan-Ai Co. Ltd Milk Substitute Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.9.5 Marusan-Ai Co. Ltd Recent Developments/Updates
  • 2.10 Campbell Soup Company
    • 2.10.1 Campbell Soup Company Details
    • 2.10.2 Campbell Soup Company Major Business
    • 2.10.3 Campbell Soup Company Milk Substitute Materials Product and Services
    • 2.10.4 Campbell Soup Company Milk Substitute Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.10.5 Campbell Soup Company Recent Developments/Updates
  • 2.11 SunOpta
    • 2.11.1 SunOpta Details
    • 2.11.2 SunOpta Major Business
    • 2.11.3 SunOpta Milk Substitute Materials Product and Services
    • 2.11.4 SunOpta Milk Substitute Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.11.5 SunOpta Recent Developments/Updates
  • 2.12 Nutrisoya Foods
    • 2.12.1 Nutrisoya Foods Details
    • 2.12.2 Nutrisoya Foods Major Business
    • 2.12.3 Nutrisoya Foods Milk Substitute Materials Product and Services
    • 2.12.4 Nutrisoya Foods Milk Substitute Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.12.5 Nutrisoya Foods Recent Developments/Updates
  • 2.13 Elmhurst Milked Direct
    • 2.13.1 Elmhurst Milked Direct Details
    • 2.13.2 Elmhurst Milked Direct Major Business
    • 2.13.3 Elmhurst Milked Direct Milk Substitute Materials Product and Services
    • 2.13.4 Elmhurst Milked Direct Milk Substitute Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.13.5 Elmhurst Milked Direct Recent Developments/Updates
  • 2.14 Panos Brands
    • 2.14.1 Panos Brands Details
    • 2.14.2 Panos Brands Major Business
    • 2.14.3 Panos Brands Milk Substitute Materials Product and Services
    • 2.14.4 Panos Brands Milk Substitute Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.14.5 Panos Brands Recent Developments/Updates
  • 2.15 Jindilli Beverages (milkadamia)
    • 2.15.1 Jindilli Beverages (milkadamia) Details
    • 2.15.2 Jindilli Beverages (milkadamia) Major Business
    • 2.15.3 Jindilli Beverages (milkadamia) Milk Substitute Materials Product and Services
    • 2.15.4 Jindilli Beverages (milkadamia) Milk Substitute Materials Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.15.5 Jindilli Beverages (milkadamia) Recent Developments/Updates

3 Competitive Environment: Milk Substitute Materials by Manufacturer

  • 3.1 Global Milk Substitute Materials Sales Quantity by Manufacturer (2019-2024)
  • 3.2 Global Milk Substitute Materials Revenue by Manufacturer (2019-2024)
  • 3.3 Global Milk Substitute Materials Average Price by Manufacturer (2019-2024)
  • 3.4 Market Share Analysis (2023)
    • 3.4.1 Producer Shipments of Milk Substitute Materials by Manufacturer Revenue ($MM) and Market Share (%): 2023
    • 3.4.2 Top 3 Milk Substitute Materials Manufacturer Market Share in 2023
    • 3.4.3 Top 6 Milk Substitute Materials Manufacturer Market Share in 2023
  • 3.5 Milk Substitute Materials Market: Overall Company Footprint Analysis
    • 3.5.1 Milk Substitute Materials Market: Region Footprint
    • 3.5.2 Milk Substitute Materials Market: Company Product Type Footprint
    • 3.5.3 Milk Substitute Materials Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Milk Substitute Materials Market Size by Region
    • 4.1.1 Global Milk Substitute Materials Sales Quantity by Region (2019-2030)
    • 4.1.2 Global Milk Substitute Materials Consumption Value by Region (2019-2030)
    • 4.1.3 Global Milk Substitute Materials Average Price by Region (2019-2030)
  • 4.2 North America Milk Substitute Materials Consumption Value (2019-2030)
  • 4.3 Europe Milk Substitute Materials Consumption Value (2019-2030)
  • 4.4 Asia-Pacific Milk Substitute Materials Consumption Value (2019-2030)
  • 4.5 South America Milk Substitute Materials Consumption Value (2019-2030)
  • 4.6 Middle East & Africa Milk Substitute Materials Consumption Value (2019-2030)

5 Market Segment by Type

  • 5.1 Global Milk Substitute Materials Sales Quantity by Type (2019-2030)
  • 5.2 Global Milk Substitute Materials Consumption Value by Type (2019-2030)
  • 5.3 Global Milk Substitute Materials Average Price by Type (2019-2030)

6 Market Segment by Application

  • 6.1 Global Milk Substitute Materials Sales Quantity by Application (2019-2030)
  • 6.2 Global Milk Substitute Materials Consumption Value by Application (2019-2030)
  • 6.3 Global Milk Substitute Materials Average Price by Application (2019-2030)

7 North America

  • 7.1 North America Milk Substitute Materials Sales Quantity by Type (2019-2030)
  • 7.2 North America Milk Substitute Materials Sales Quantity by Application (2019-2030)
  • 7.3 North America Milk Substitute Materials Market Size by Country
    • 7.3.1 North America Milk Substitute Materials Sales Quantity by Country (2019-2030)
    • 7.3.2 North America Milk Substitute Materials Consumption Value by Country (2019-2030)
    • 7.3.3 United States Market Size and Forecast (2019-2030)
    • 7.3.4 Canada Market Size and Forecast (2019-2030)
    • 7.3.5 Mexico Market Size and Forecast (2019-2030)

8 Europe

  • 8.1 Europe Milk Substitute Materials Sales Quantity by Type (2019-2030)
  • 8.2 Europe Milk Substitute Materials Sales Quantity by Application (2019-2030)
  • 8.3 Europe Milk Substitute Materials Market Size by Country
    • 8.3.1 Europe Milk Substitute Materials Sales Quantity by Country (2019-2030)
    • 8.3.2 Europe Milk Substitute Materials Consumption Value by Country (2019-2030)
    • 8.3.3 Germany Market Size and Forecast (2019-2030)
    • 8.3.4 France Market Size and Forecast (2019-2030)
    • 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
    • 8.3.6 Russia Market Size and Forecast (2019-2030)
    • 8.3.7 Italy Market Size and Forecast (2019-2030)

9 Asia-Pacific

  • 9.1 Asia-Pacific Milk Substitute Materials Sales Quantity by Type (2019-2030)
  • 9.2 Asia-Pacific Milk Substitute Materials Sales Quantity by Application (2019-2030)
  • 9.3 Asia-Pacific Milk Substitute Materials Market Size by Region
    • 9.3.1 Asia-Pacific Milk Substitute Materials Sales Quantity by Region (2019-2030)
    • 9.3.2 Asia-Pacific Milk Substitute Materials Consumption Value by Region (2019-2030)
    • 9.3.3 China Market Size and Forecast (2019-2030)
    • 9.3.4 Japan Market Size and Forecast (2019-2030)
    • 9.3.5 South Korea Market Size and Forecast (2019-2030)
    • 9.3.6 India Market Size and Forecast (2019-2030)
    • 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
    • 9.3.8 Australia Market Size and Forecast (2019-2030)

10 South America

  • 10.1 South America Milk Substitute Materials Sales Quantity by Type (2019-2030)
  • 10.2 South America Milk Substitute Materials Sales Quantity by Application (2019-2030)
  • 10.3 South America Milk Substitute Materials Market Size by Country
    • 10.3.1 South America Milk Substitute Materials Sales Quantity by Country (2019-2030)
    • 10.3.2 South America Milk Substitute Materials Consumption Value by Country (2019-2030)
    • 10.3.3 Brazil Market Size and Forecast (2019-2030)
    • 10.3.4 Argentina Market Size and Forecast (2019-2030)

11 Middle East & Africa

  • 11.1 Middle East & Africa Milk Substitute Materials Sales Quantity by Type (2019-2030)
  • 11.2 Middle East & Africa Milk Substitute Materials Sales Quantity by Application (2019-2030)
  • 11.3 Middle East & Africa Milk Substitute Materials Market Size by Country
    • 11.3.1 Middle East & Africa Milk Substitute Materials Sales Quantity by Country (2019-2030)
    • 11.3.2 Middle East & Africa Milk Substitute Materials Consumption Value by Country (2019-2030)
    • 11.3.3 Turkey Market Size and Forecast (2019-2030)
    • 11.3.4 Egypt Market Size and Forecast (2019-2030)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
    • 11.3.6 South Africa Market Size and Forecast (2019-2030)

12 Market Dynamics

  • 12.1 Milk Substitute Materials Market Drivers
  • 12.2 Milk Substitute Materials Market Restraints
  • 12.3 Milk Substitute Materials Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Milk Substitute Materials and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Milk Substitute Materials
  • 13.3 Milk Substitute Materials Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Milk Substitute Materials Typical Distributors
  • 14.3 Milk Substitute Materials Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Milk Substitute Materials. Industry analysis & Market Report on Milk Substitute Materials is a syndicated market report, published as Global Milk Substitute Materials Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Milk Substitute Materials market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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