Plant-Based Milk Market Size to Reach USD 29.78 Billion by 2030, Driven by Rising Lactose Intolerance and Growing Demand for Dairy-Free Nutrition

Plant-Based Milk Market Overview 

The plant-based milk market size is valued at USD 21.00 billion in 2025 and is projected to reach USD 29.78 billion by 2030, growing at a CAGR of 7.24% during the forecast period. Growth is driven by rising vegan adoption, increasing lactose intolerance and dairy allergies, and a stronger focus on health and wellness. In Europe alone, lactose intolerance affects about 16% of the population in Germany and 8% in the UK. Beyond coconut and rice milk, demand is expanding for soy, oat, pea, almond, and emerging blends, often fortified with calcium, vitamin D, and B vitamins. Continuous product innovation, clean-label positioning, and wider retail availability are further accelerating market adoption. 

Key Trends In The Plant-Based Milk Market 

• Rising prevalence of lactose intolerance and dairy allergies
• Growing adoption of vegan and flexitarian diets
• Strong demand for almond milk and oat milk varieties
• Product fortification with calcium, vitamin D, and B vitamins
• Expansion of clean-label and limited-ingredient plant-based milk
• Increasing presence of private-label brands in retail chains 

Plant-Based Milk Market Segmentation Analysis  

By Product Type

• Soy Milk
• Coconut Milk
• Almond Milk
• Oat Milk
• Others

By Formulation

• Flavored
• Plain/Unflavored

By Distribution Channel

• Hypermarkets/Supermarkets
• Convenience Stores/Grocery Stores
• Online Retailing
• Others

By Geography

• North America
• Europe
• Asia-Pacific
• South America
• Middle East

Key Players In The Plant-Based Milk Market 

• Groupe Danone
• Blue Diamond Growers
• Hain Celestial Group
• Döhler GmbH
• Alpina Foods 

Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/plant-based-milk-market?utm_source=Industrytoday 

Dominating Country  

The United States plays a leading role in the global plant-based milk market due to high consumer awareness, strong retail infrastructure, and frequent product launches. Demand is supported by a large lactose-intolerant population and a growing preference for dairy-free beverages. Major brands continue to expand shelf space across supermarkets and health food stores, while online sales add further momentum. 

Conclusion 

The plant-based milk market continues to gain steady acceptance as consumers place greater focus on digestive comfort, dietary preferences, and everyday nutrition choices. With a wide range of options such as almond, oat, soy, and coconut milk now available, plant-based alternatives are no longer niche products but part of regular household consumption. Ongoing product innovation, clean ingredient formulations, and improved taste profiles are helping brands connect with a broader consumer base. Strong retail availability and growing online sales are further supporting market expansion. 

Explore related reports from Mordor Intelligence 

Asia-Pacific Flavored Milk Market - https://www.mordorintelligence.com/industry-reports/asia-pacific-flavored-milk-market?utm_source=Industrytoday  

Chocolate Milk Market - https://www.mordorintelligence.com/industry-reports/chocolate-milk-market?utm_source=Industrytoday  

Dairy-Based Beverages Market - https://www.mordorintelligence.com/industry-reports/dairy-based-beverages-market?utm_source=Industrytoday  

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