Market Analysis and Insights: Global Substitutes for Milk Market
Due to the COVID-19 pandemic, the global Substitutes for Milk market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Soy Milk accounting for % of the Substitutes for Milk global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Desserts segment is altered to an % CAGR throughout this forecast period.
China Substitutes for Milk market size is valued at US$ million in 2021, while the US and Europe Substitutes for Milk are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Substitutes for Milk landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
The global key manufacturers of Substitutes for Milk include Ripple Foods, Danone, Blue Diamond Growers, Oatly, SunOpta, Califia Farms, VV Group, Dali Group and Noumi, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Market Segments
The authors of this research report have explored the key segments: Type and Application. The report offers an in-depth breakdown of type and application segments and their sub-segments. The lucrativeness and growth potential have been looked into by the industry experts in this report. This section of the report also provides sales and revenue forecast data by type and application segments based on sales, price, and revenue for the period 2017-2028. The specialists, to broaden the understanding of the users, have done value chain and raw material analysis in this section.
Segment by Type
Soy Milk
Almond Milk
Rice Milk
Coconut Milk
Oats Milk
Others
Segment by Application
Desserts
Bakery
Confectionery
Beverages
Others
Consequence of Covid-19 Pandemic
The authors of this study have enlightened the readers on the rise and effect of the Covid-19 outbreak on the development. They have investigated the changes brought about in the demand/supply side, consumption, supply chain, and sales/manufacturing. The readers will get familiar with the measures that have helped the key players to bring the Substitutes for Milk market back to the pre-covid levels.
Trends & Prospects
In this segment of the report, the specialists have delved into the key growth opportunities that are likely to emerge. This will aid the key players to simplify complex issues related to business and frame future strategies to compete in this competitive environment. This section will certainly assist the players to boldly position their business.
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE
Competitive Outlook
In this section of the report, the researchers have done a comprehensive analysis of the prominent players operating and the strategies they are focusing on to combat the intense competition. Company profiles and share analysis of the prominent players are also provided in this section. They have also provided reliable sales and revenue data of the manufacturers for the period 2017-2022. With the assistance of this report, key players, stakeholders, and other participants will be able to stay abreast of the recent and upcoming developments in the business, further enabling them to make efficient choices. Mentioned below are the prime players taken into account in this research report:
Ripple Foods
Danone
Blue Diamond Growers
Oatly
SunOpta
Califia Farms
VV Group
Dali Group
Noumi
Kikkoman Corporation
Earth’s Own
Coconut Palm Group
Nanguo
Yinlu
Vitasoy
Yili
Mengniu
Ezaki Glico
Marusan-Ai
Campbell Soup Company
Nutrisoya Foods
Wangwang
Frequently Asked Questions
Which is the most lucrative product segment in the Substitutes for Milk market?
Which are the prominent strategies of the Substitutes for Milk market players?
Which factors are increasing the competition in the Substitutes for Milk market?
Which are the recommendations provided by the Substitutes for Milk industry experts?
Which region will witness rewarding growth during the forecast period?
What factors will curb the Substitutes for Milk market growth?
Which product segment will register the fastest growth rate in the Substitutes for Milk market?
Which emerging trends will impact the Substitutes for Milk market growth?
Which are the high-impact rendering factors in the Substitutes for Milk market?
Which companies will maintain their lead on the Substitutes for Milk market?
Table of Contents
1 Study Coverage
1.1 Substitutes for Milk Product Introduction
1.2 Market by Type
1.2.1 Global Substitutes for Milk Market Size Growth Rate by Type, 2017 VS 2021 VS 2028
1.2.2 Soy Milk
1.2.3 Almond Milk
1.2.4 Rice Milk
1.2.5 Coconut Milk
1.2.6 Oats Milk
1.2.7 Others
1.3 Market by Application
1.3.1 Global Substitutes for Milk Market Size Growth Rate by Application, 2017 VS 2021 VS 2028
1.3.2 Desserts
1.3.3 Bakery
1.3.4 Confectionery
1.3.5 Beverages
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Substitutes for Milk Sales Estimates and Forecasts 2017-2028
2.2 Global Substitutes for Milk Revenue Estimates and Forecasts 2017-2028
2.3 Global Substitutes for Milk Revenue by Region: 2017 VS 2021 VS 2028
2.4 Global Substitutes for Milk Sales by Region
2.4.1 Global Substitutes for Milk Sales by Region (2017-2022)
2.4.2 Global Sales Substitutes for Milk by Region (2023-2028)
2.5 Global Substitutes for Milk Revenue by Region
2.5.1 Global Substitutes for Milk Revenue by Region (2017-2022)
2.5.2 Global Substitutes for Milk Revenue by Region (2023-2028)
2.6 North America
2.7 Europe
2.8 Asia-Pacific
2.9 Latin America
2.10 Middle East & Africa
3 Competition by Manufacturers
3.1 Global Substitutes for Milk Sales by Manufacturers
3.1.1 Global Top Substitutes for Milk Manufacturers by Sales (2017-2022)
3.1.2 Global Substitutes for Milk Sales Market Share by Manufacturers (2017-2022)
3.1.3 Global Top 10 and Top 5 Largest Manufacturers of Substitutes for Milk in 2021
3.2 Global Substitutes for Milk Revenue by Manufacturers
3.2.1 Global Substitutes for Milk Revenue by Manufacturers (2017-2022)
3.2.2 Global Substitutes for Milk Revenue Market Share by Manufacturers (2017-2022)
3.2.3 Global Top 10 and Top 5 Companies by Substitutes for Milk Revenue in 2021
3.3 Global Substitutes for Milk Sales Price by Manufacturers (2017-2022)
3.4 Analysis of Competitive Landscape
3.4.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Substitutes for Milk Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4.3 Global Substitutes for Milk Manufacturers Geographical Distribution
3.5 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Global Substitutes for Milk Sales by Type
4.1.1 Global Substitutes for Milk Historical Sales by Type (2017-2022)
4.1.2 Global Substitutes for Milk Forecasted Sales by Type (2023-2028)
4.1.3 Global Substitutes for Milk Sales Market Share by Type (2017-2028)
4.2 Global Substitutes for Milk Revenue by Type
4.2.1 Global Substitutes for Milk Historical Revenue by Type (2017-2022)
4.2.2 Global Substitutes for Milk Forecasted Revenue by Type (2023-2028)
4.2.3 Global Substitutes for Milk Revenue Market Share by Type (2017-2028)
4.3 Global Substitutes for Milk Price by Type
4.3.1 Global Substitutes for Milk Price by Type (2017-2022)
4.3.2 Global Substitutes for Milk Price Forecast by Type (2023-2028)
5 Market Size by Application
5.1 Global Substitutes for Milk Sales by Application
5.1.1 Global Substitutes for Milk Historical Sales by Application (2017-2022)
5.1.2 Global Substitutes for Milk Forecasted Sales by Application (2023-2028)
5.1.3 Global Substitutes for Milk Sales Market Share by Application (2017-2028)
5.2 Global Substitutes for Milk Revenue by Application
5.2.1 Global Substitutes for Milk Historical Revenue by Application (2017-2022)
5.2.2 Global Substitutes for Milk Forecasted Revenue by Application (2023-2028)
5.2.3 Global Substitutes for Milk Revenue Market Share by Application (2017-2028)
5.3 Global Substitutes for Milk Price by Application
5.3.1 Global Substitutes for Milk Price by Application (2017-2022)
5.3.2 Global Substitutes for Milk Price Forecast by Application (2023-2028)
6 North America
6.1 North America Substitutes for Milk Market Size by Type
6.1.1 North America Substitutes for Milk Sales by Type (2017-2028)
6.1.2 North America Substitutes for Milk Revenue by Type (2017-2028)
6.2 North America Substitutes for Milk Market Size by Application
6.2.1 North America Substitutes for Milk Sales by Application (2017-2028)
6.2.2 North America Substitutes for Milk Revenue by Application (2017-2028)
6.3 North America Substitutes for Milk Market Size by Country
6.3.1 North America Substitutes for Milk Sales by Country (2017-2028)
6.3.2 North America Substitutes for Milk Revenue by Country (2017-2028)
6.3.3 United States
6.3.4 Canada
7 Europe
7.1 Europe Substitutes for Milk Market Size by Type
7.1.1 Europe Substitutes for Milk Sales by Type (2017-2028)
7.1.2 Europe Substitutes for Milk Revenue by Type (2017-2028)
7.2 Europe Substitutes for Milk Market Size by Application
7.2.1 Europe Substitutes for Milk Sales by Application (2017-2028)
7.2.2 Europe Substitutes for Milk Revenue by Application (2017-2028)
7.3 Europe Substitutes for Milk Market Size by Country
7.3.1 Europe Substitutes for Milk Sales by Country (2017-2028)
7.3.2 Europe Substitutes for Milk Revenue by Country (2017-2028)
7.3.3 Germany
7.3.4 France
7.3.5 U.K.
7.3.6 Italy
7.3.7 Russia
8 Asia Pacific
8.1 Asia Pacific Substitutes for Milk Market Size by Type
8.1.1 Asia Pacific Substitutes for Milk Sales by Type (2017-2028)
8.1.2 Asia Pacific Substitutes for Milk Revenue by Type (2017-2028)
8.2 Asia Pacific Substitutes for Milk Market Size by Application
8.2.1 Asia Pacific Substitutes for Milk Sales by Application (2017-2028)
8.2.2 Asia Pacific Substitutes for Milk Revenue by Application (2017-2028)
8.3 Asia Pacific Substitutes for Milk Market Size by Region
8.3.1 Asia Pacific Substitutes for Milk Sales by Region (2017-2028)
8.3.2 Asia Pacific Substitutes for Milk Revenue by Region (2017-2028)
8.3.3 China
8.3.4 Japan
8.3.5 South Korea
8.3.6 India
8.3.7 Australia
8.3.8 China Taiwan
8.3.9 Indonesia
8.3.10 Thailand
8.3.11 Malaysia
9 Latin America
9.1 Latin America Substitutes for Milk Market Size by Type
9.1.1 Latin America Substitutes for Milk Sales by Type (2017-2028)
9.1.2 Latin America Substitutes for Milk Revenue by Type (2017-2028)
9.2 Latin America Substitutes for Milk Market Size by Application
9.2.1 Latin America Substitutes for Milk Sales by Application (2017-2028)
9.2.2 Latin America Substitutes for Milk Revenue by Application (2017-2028)
9.3 Latin America Substitutes for Milk Market Size by Country
9.3.1 Latin America Substitutes for Milk Sales by Country (2017-2028)
9.3.2 Latin America Substitutes for Milk Revenue by Country (2017-2028)
9.3.3 Mexico
9.3.4 Brazil
9.3.5 Argentina
9.3.6 Colombia
10 Middle East and Africa
10.1 Middle East and Africa Substitutes for Milk Market Size by Type
10.1.1 Middle East and Africa Substitutes for Milk Sales by Type (2017-2028)
10.1.2 Middle East and Africa Substitutes for Milk Revenue by Type (2017-2028)
10.2 Middle East and Africa Substitutes for Milk Market Size by Application
10.2.1 Middle East and Africa Substitutes for Milk Sales by Application (2017-2028)
10.2.2 Middle East and Africa Substitutes for Milk Revenue by Application (2017-2028)
10.3 Middle East and Africa Substitutes for Milk Market Size by Country
10.3.1 Middle East and Africa Substitutes for Milk Sales by Country (2017-2028)
10.3.2 Middle East and Africa Substitutes for Milk Revenue by Country (2017-2028)
10.3.3 Turkey
10.3.4 Saudi Arabia
11 Company Profiles
11.1 Ripple Foods
11.1.1 Ripple Foods Corporation Information
11.1.2 Ripple Foods Overview
11.1.3 Ripple Foods Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.1.4 Ripple Foods Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.1.5 Ripple Foods Recent Developments
11.2 Danone
11.2.1 Danone Corporation Information
11.2.2 Danone Overview
11.2.3 Danone Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.2.4 Danone Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.2.5 Danone Recent Developments
11.3 Blue Diamond Growers
11.3.1 Blue Diamond Growers Corporation Information
11.3.2 Blue Diamond Growers Overview
11.3.3 Blue Diamond Growers Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.3.4 Blue Diamond Growers Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.3.5 Blue Diamond Growers Recent Developments
11.4 Oatly
11.4.1 Oatly Corporation Information
11.4.2 Oatly Overview
11.4.3 Oatly Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.4.4 Oatly Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.4.5 Oatly Recent Developments
11.5 SunOpta
11.5.1 SunOpta Corporation Information
11.5.2 SunOpta Overview
11.5.3 SunOpta Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.5.4 SunOpta Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.5.5 SunOpta Recent Developments
11.6 Califia Farms
11.6.1 Califia Farms Corporation Information
11.6.2 Califia Farms Overview
11.6.3 Califia Farms Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.6.4 Califia Farms Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.6.5 Califia Farms Recent Developments
11.7 VV Group
11.7.1 VV Group Corporation Information
11.7.2 VV Group Overview
11.7.3 VV Group Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.7.4 VV Group Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.7.5 VV Group Recent Developments
11.8 Dali Group
11.8.1 Dali Group Corporation Information
11.8.2 Dali Group Overview
11.8.3 Dali Group Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.8.4 Dali Group Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.8.5 Dali Group Recent Developments
11.9 Noumi
11.9.1 Noumi Corporation Information
11.9.2 Noumi Overview
11.9.3 Noumi Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.9.4 Noumi Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.9.5 Noumi Recent Developments
11.10 Kikkoman Corporation
11.10.1 Kikkoman Corporation Corporation Information
11.10.2 Kikkoman Corporation Overview
11.10.3 Kikkoman Corporation Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.10.4 Kikkoman Corporation Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.10.5 Kikkoman Corporation Recent Developments
11.11 Earth’s Own
11.11.1 Earth’s Own Corporation Information
11.11.2 Earth’s Own Overview
11.11.3 Earth’s Own Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.11.4 Earth’s Own Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.11.5 Earth’s Own Recent Developments
11.12 Coconut Palm Group
11.12.1 Coconut Palm Group Corporation Information
11.12.2 Coconut Palm Group Overview
11.12.3 Coconut Palm Group Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.12.4 Coconut Palm Group Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.12.5 Coconut Palm Group Recent Developments
11.13 Nanguo
11.13.1 Nanguo Corporation Information
11.13.2 Nanguo Overview
11.13.3 Nanguo Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.13.4 Nanguo Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.13.5 Nanguo Recent Developments
11.14 Yinlu
11.14.1 Yinlu Corporation Information
11.14.2 Yinlu Overview
11.14.3 Yinlu Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.14.4 Yinlu Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.14.5 Yinlu Recent Developments
11.15 Vitasoy
11.15.1 Vitasoy Corporation Information
11.15.2 Vitasoy Overview
11.15.3 Vitasoy Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.15.4 Vitasoy Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.15.5 Vitasoy Recent Developments
11.16 Yili
11.16.1 Yili Corporation Information
11.16.2 Yili Overview
11.16.3 Yili Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.16.4 Yili Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.16.5 Yili Recent Developments
11.17 Mengniu
11.17.1 Mengniu Corporation Information
11.17.2 Mengniu Overview
11.17.3 Mengniu Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.17.4 Mengniu Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.17.5 Mengniu Recent Developments
11.18 Ezaki Glico
11.18.1 Ezaki Glico Corporation Information
11.18.2 Ezaki Glico Overview
11.18.3 Ezaki Glico Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.18.4 Ezaki Glico Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.18.5 Ezaki Glico Recent Developments
11.19 Marusan-Ai
11.19.1 Marusan-Ai Corporation Information
11.19.2 Marusan-Ai Overview
11.19.3 Marusan-Ai Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.19.4 Marusan-Ai Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.19.5 Marusan-Ai Recent Developments
11.20 Campbell Soup Company
11.20.1 Campbell Soup Company Corporation Information
11.20.2 Campbell Soup Company Overview
11.20.3 Campbell Soup Company Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.20.4 Campbell Soup Company Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.20.5 Campbell Soup Company Recent Developments
11.21 Nutrisoya Foods
11.21.1 Nutrisoya Foods Corporation Information
11.21.2 Nutrisoya Foods Overview
11.21.3 Nutrisoya Foods Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.21.4 Nutrisoya Foods Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.21.5 Nutrisoya Foods Recent Developments
11.22 Wangwang
11.22.1 Wangwang Corporation Information
11.22.2 Wangwang Overview
11.22.3 Wangwang Substitutes for Milk Sales, Price, Revenue and Gross Margin (2017-2022)
11.22.4 Wangwang Substitutes for Milk Product Model Numbers, Pictures, Descriptions and Specifications
11.22.5 Wangwang Recent Developments
12 Industry Chain and Sales Channels Analysis
12.1 Substitutes for Milk Industry Chain Analysis
12.2 Substitutes for Milk Key Raw Materials
12.2.1 Key Raw Materials
12.2.2 Raw Materials Key Suppliers
12.3 Substitutes for Milk Production Mode & Process
12.4 Substitutes for Milk Sales and Marketing
12.4.1 Substitutes for Milk Sales Channels
12.4.2 Substitutes for Milk Distributors
12.5 Substitutes for Milk Customers
13 Market Drivers, Opportunities, Challenges and Risks Factors Analysis
13.1 Substitutes for Milk Industry Trends
13.2 Substitutes for Milk Market Drivers
13.3 Substitutes for Milk Market Challenges
13.4 Substitutes for Milk Market Restraints
14 Key Findings in The Global Substitutes for Milk Study
Summary: Get latest Market Research Reports on Substitutes for Milk. Industry analysis & Market Report on Substitutes for Milk is a syndicated market report, published as Global Substitutes for Milk Market Insights, Forecast to 2028. It is complete Research Study and Industry Analysis of Substitutes for Milk market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.