Dairy Alternatives Market Size, Share, and Trends 2025 to 2034

The global dairy alternatives market size accounted for USD 34.59 billion in 2025 and is predicted to surpass around USD 93.62 billion by 2034, representing a healthy CAGR of 11.70% between 2025 and 2034. The Asia Pacific dairy alternatives market size accounted for USD 14.53 billion in 2025 and is expanding at a CAGR of 11.82% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : May 2025
  • Report Code : 2035
  • Category : Food and Beverages

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Dairy Alternatives Market 

5.1. COVID-19 Landscape: Dairy Alternatives Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Dairy Alternatives Market, By Source

8.1. Dairy Alternatives Market, by Source

8.1.1. Soy

8.1.1.1. Market Revenue and Forecast

8.1.2. Almond

8.1.2.1. Market Revenue and Forecast

8.1.3. Coconut

8.1.3.1. Market Revenue and Forecast

8.1.4. Oats

8.1.4.1. Market Revenue and Forecast

8.1.5. Rice

8.1.5.1. Market Revenue and Forecast

8.1.5. Others

8.1.5.1. Market Revenue and Forecast

Chapter 9. Global Dairy Alternatives Market, By Product

9.1. Dairy Alternatives Market, by Product e

9.1.1. Food

9.1.1.1. Market Revenue and Forecast

9.1.2. Beverages

9.1.2.1. Market Revenue and Forecast

Chapter 10. Global Dairy Alternatives Market, By Formulation 

10.1. Dairy Alternatives Market, by Formulation

10.1.1. Flavored

10.1.1.1. Market Revenue and Forecast

10.1.2. Plain

10.1.2.1. Market Revenue and Forecast

Chapter 11. Global Dairy Alternatives Market, By Distribution Channel 

11.1. Dairy Alternatives Market, by Distribution Channel

11.1.1. Supermarkets & Hypermarkets

11.1.1.1. Market Revenue and Forecast

11.1.2. Convenience Stores

11.1.2.1. Market Revenue and Forecast

11.1.3. Online Retail

11.1.3.1. Market Revenue and Forecast

11.1.4. Others

11.1.4.1. Market Revenue and Forecast

Chapter 12. Global Dairy Alternatives Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Source

12.1.2. Market Revenue and Forecast, by Product

12.1.3. Market Revenue and Forecast, by Formulation

12.1.4. Market Revenue and Forecast, by Distribution Channel

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Source

12.1.5.2. Market Revenue and Forecast, by Product

12.1.5.3. Market Revenue and Forecast, by Formulation

12.1.5.4. Market Revenue and Forecast, by Distribution Channel

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Source

12.1.6.2. Market Revenue and Forecast, by Product

12.1.6.3. Market Revenue and Forecast, by Formulation

12.1.6.4. Market Revenue and Forecast, by Distribution Channel

12.2. Europe

12.2.1. Market Revenue and Forecast, by Source

12.2.2. Market Revenue and Forecast, by Product

12.2.3. Market Revenue and Forecast, by Formulation

12.2.4. Market Revenue and Forecast, by Distribution Channel

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Source

12.2.5.2. Market Revenue and Forecast, by Product

12.2.5.3. Market Revenue and Forecast, by Formulation

12.2.5.4. Market Revenue and Forecast, by Distribution Channel

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Source

12.2.6.2. Market Revenue and Forecast, by Product

12.2.6.3. Market Revenue and Forecast, by Formulation

12.2.6.4. Market Revenue and Forecast, by Distribution Channel

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Source

12.2.7.2. Market Revenue and Forecast, by Product

12.2.7.3. Market Revenue and Forecast, by Formulation

12.2.7.4. Market Revenue and Forecast, by Distribution Channel

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Source

12.2.8.2. Market Revenue and Forecast, by Product

12.2.8.3. Market Revenue and Forecast, by Formulation

12.2.8.4. Market Revenue and Forecast, by Distribution Channel

12.3. APAC

12.3.1. Market Revenue and Forecast, by Source

12.3.2. Market Revenue and Forecast, by Product

12.3.3. Market Revenue and Forecast, by Formulation

12.3.4. Market Revenue and Forecast, by Distribution Channel

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Source

12.3.5.2. Market Revenue and Forecast, by Product

12.3.5.3. Market Revenue and Forecast, by Formulation

12.3.5.4. Market Revenue and Forecast, by Distribution Channel

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Source

12.3.6.2. Market Revenue and Forecast, by Product

12.3.6.3. Market Revenue and Forecast, by Formulation

12.3.6.4. Market Revenue and Forecast, by Distribution Channel

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Source

12.3.7.2. Market Revenue and Forecast, by Product

12.3.7.3. Market Revenue and Forecast, by Formulation

12.3.7.4. Market Revenue and Forecast, by Distribution Channel

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Source

12.3.8.2. Market Revenue and Forecast, by Product

12.3.8.3. Market Revenue and Forecast, by Formulation

12.3.8.4. Market Revenue and Forecast, by Distribution Channel

12.4. MEA

12.4.1. Market Revenue and Forecast, by Source

12.4.2. Market Revenue and Forecast, by Product

12.4.3. Market Revenue and Forecast, by Formulation

12.4.4. Market Revenue and Forecast, by Distribution Channel

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Source

12.4.5.2. Market Revenue and Forecast, by Product

12.4.5.3. Market Revenue and Forecast, by Formulation

12.4.5.4. Market Revenue and Forecast, by Distribution Channel

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Source

12.4.6.2. Market Revenue and Forecast, by Product

12.4.6.3. Market Revenue and Forecast, by Formulation

12.4.6.4. Market Revenue and Forecast, by Distribution Channel

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Source

12.4.7.2. Market Revenue and Forecast, by Product

12.4.7.3. Market Revenue and Forecast, by Formulation

12.4.7.4. Market Revenue and Forecast, by Distribution Channel

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Source

12.4.8.2. Market Revenue and Forecast, by Product

12.4.8.3. Market Revenue and Forecast, by Formulation

12.4.8.4. Market Revenue and Forecast, by Distribution Channel

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Source

12.5.2. Market Revenue and Forecast, by Product

12.5.3. Market Revenue and Forecast, by Formulation

12.5.4. Market Revenue and Forecast, by Distribution Channel

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Source

12.5.5.2. Market Revenue and Forecast, by Product

12.5.5.3. Market Revenue and Forecast, by Formulation

12.5.5.4. Market Revenue and Forecast, by Distribution Channel

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Source

12.5.6.2. Market Revenue and Forecast, by Product

12.5.6.3. Market Revenue and Forecast, by Formulation

12.5.6.4. Market Revenue and Forecast, by Distribution Channel

Chapter 13. Company Profiles

13.1. ADM

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Blue Diamond Growers

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Califia Farms, LLC

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. DAIYA FOODS INC.

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Danone S.A.

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Earth’s Own Food Company Inc.

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Eden Foods, Inc.

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Freedom Foods Group Ltd.

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Living Harvest Foods Inc.

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Nestle SA

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

For questions or customization requests, please reach out to us at sales@precedenceresearch.com

Frequently Asked Questions

The global dairy alternatives market size was accounted at USD 30.96 billion in 2024 and it is expected to reach around USD 93.62 billion by 2034.

The global dairy alternatives market is poised to grow at a CAGR of 11.70% from 2025 to 2034.

The major players operating in the dairy alternatives market are ADM, Blue Diamond Growers, Califia Farms, LLC, DAIYA FOODS INC., Danone S.A., Earth’s Own Food Company Inc., Eden Foods, Inc., Freedom Foods Group Ltd., Living Harvest Foods Inc., Nestle SA, New Barn, Nutriops, S.L., Oatly Inc., Organic Valley Family of Farms, Pacific Foods, Ripple Foods, SunOpta Inc., The Hain Celestial Group, Inc., The Whitewave Foods Company, Vitasoy International Holdings Limited

The outstanding benefits brought by milk substitutes are expected to further accelerate the growth of the market during the forecast period.

Asia Pacific region will lead the global dairy alternatives market during the forecast period 2025 to 2034.

Ask For Sample

No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client