Global Dairy Alternative Market and Forecast to 2026
                     
Global Dairy Alternatives Market and Forecast - Overview
The global dairy alternatives market is 
predicted to exceed US$ 41.2 Billion Global Dairy Alternatives Market (Billion US$), 2011-2019
mark by 2026. Dairy alternatives are 
referred predominantly as plant-
based food and beverages products, 
which are processed from various 
types of nuts, cereals, and seeds. 
Because of the low cholesterol 
concentration and fat content in dairy 
alternatives, their demand is 
increasing at a rapid pace around the 
world. Today, food intolerances and 
food allergies have become a major 
concern for health-conscious 
consumers. Following a dairy-free 
diet has numerous benefits, and is Note: Dummy Data, Actual figures given in the report
widely exercised by health-conscious 
consumers and fitness enthusiasts. 
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The factors such as increasing 
awareness of consumers towards     Global – Forecast for Dairy Alternatives Market 
a vegan diet, nutritional benefits (Billion US$), 2020-2026
provided by such foods, lactose 
intolerance among the population 
and demand for various fortified 
dairy food & beverage 
applications are expected to 
propel the growth of dairy 
alternatives market in the coming 
years. Some of the key factors 
inhibiting the growth of dairy 
alternatives market includes cross 
contamination of raw materials Note: Dummy Data, Actual figures given in the report
and high price of dairy alternative 
products. 
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By Source - Global Dairy Alternatives Market, Volume & Forecast
• In terms of source, the soy segment 
accounts for largest share of the dairy By Source – Forecast for Dairy Alternatives 
alternatives market. The popularity of Market Share (Percent), 2026
soy milk can be attributed to the 
plethora of varieties, in terms of flavors, 
blends, fat content, and formulations 
offered by leading dairy alternative 
manufacturers.
• The almond milk market is one of the 
fastest growing segments in the non-
dairy and vegan milk industry.
• Rice milk captures 3rd highest share of 
the dairy alternatives market. It is a 
great alternative to conventional milk 
with benefits such as free-from 
cholesterol and lactose. Note: Dummy Data, Actual figures given in the report
• Coconut milk captures least share of 
the dairy alternatives market.
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By Application - Global Dairy Alternatives Market, Volume & Forecast 
• In 2019, beverages By Application - Dairy Alternatives Market Share 
(Percent), 2019
segment accounted for 
largest share of the 
global dairy alternatives 
market. 
• The food segment 
market is the fastest 
growing application in 
the dairy alternatives 
market.
Note: Dummy Data, Actual figures given in the report
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By Products - Global Dairy Alternatives Market, Volume & Forecast 
By Products– Forecast for Dairy Alternatives 
• On the basis of products, the Market Share (Percent), 2026
unflavored / regular milk is the 
dominant segment in terms of 
both volume and revenue.
• Increasing consumption of 
flavored milk substitutes with 
low calorie content are 
expected to augment flavored 
milk market growth over the 
forecast period. Note: Dummy Data, Actual figures given in the report
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By Nature - Global Dairy Alternatives Market, Volume & Forecast
• The conventional (in- By Nature - Dairy Alternatives Market Share 
organic) milk segment (Percent), 2019
dominates the global dairy 
alternatives market in 
terms of both volume and 
revenue.
• It is predicted that the 
organic milk segment will 
account for 30% share of 
the global dairy alternatives 
market by 2026.
Note: Dummy Data, Actual figures given in the report
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By Sales Channel - Global Dairy Alternatives Market, Volume & Forecast
By Sales Channel - Dairy Alternatives Market 
• Mainstream stores Share (Percent), 2019
(hypermarkets/supermarkets) 
holds a dominating share in the 
global dairy alternatives market.
 
• It is predicted that the Specialty 
Stores will account for 15% 
share of the global dairy 
alternatives market by 2026. 
• The Online Retail segment is 
expected to witness the fastest 
growth over the forecast period. Note: Dummy Data, Actual figures given in the report
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Global Dairy Alternatives Market - Regional Analysis
• Geographically, the global dairy 
alternatives market is dominated by Asia-  By Region - Forecast for Dairy Alternatives 
Pacific region. The Asia-Pacific market is Market Share (Percent), 2026
driven by countries such as China, Japan, 
South Korea, Taiwan, Singapore, Malaysia, 
Australia and Indonesia. 
• North America is the second largest market 
for dairy alternatives, being closely 
followed by the European region. The dairy 
alternatives market in these regions is 
driven by rapid growth in the consumption 
of dairy alternative products, mainly due to 
the increased disposable income, changes 
in the lifestyle and dietary patterns.
• In Latin America, Brazil, Mexico and Note: Dummy Data, Actual figures given in the report
Argentina are observing high demand for 
dairy alternatives.
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iGATE RESEARCH report titled “Dairy Alternatives Market, 
Consumption Volume (by Source, Application, Products, 
Nature, Sales Channel, & Region) and 20 Company Profile - 
Global Forecast to 2026” provides a comprehensive 
assessment of the fast-evolving, high-growth Global Dairy 
Alternatives Market. 
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This 237 Page report with 107 Figures and 10 Tables has been analyzed from 
10 viewpoints: 
1. Global Dairy Alternatives (Plant-Based Milk) Market & Volume Forecast (2011 - 2026)
2. Global Dairy Alternatives Market Share & Forecast (2011 - 2026) 
3. By Source - Global Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
4. By Application - Global Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
5. By Products - Global Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
6. By Nature - Global Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
7. By Sales Channel - Global Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
8. By Region - Global Dairy Alternatives Market, Volume & Forecast (2011 - 2026)
9. Companies Profile - Overview, Strategy/ Initiatives/ Recent Developments/ Major 
Deals, Financial Insights
10. Global Dairy Alternatives Market - Driving Factors and Challenges
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By Source - Global Dairy Alternatives Market, Volume & Forecast
• Soy 
• Almond
• Rice 
• Coconut 
• Others 
By Application - Global Dairy Alternatives Market, Volume & Forecast
• Food
• Beverages
By Products - Global Dairy Alternatives Market, Volume & Forecast
     • Unflavored / Regular Milk
      • Flavored Milk
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By Nature - Global Dairy Alternatives Market, Volume & Forecast
    • Organic Milk
    • Conventional (in-organic) Milk
  
By Sales Channel - Global Dairy Alternatives Market, Volume & Forecast
    • Mainstream Stores
     • Specialty Stores
     • Online Retail
     • Others Channel
By Region - Global Dairy Alternatives Market, Volume & Forecast
         1. North America
    2. Latin America
    3. Asia-Pacific
  
    4. Europe
    5. Rest of the World
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Global Dairy Alternatives Market - Company Profiles 
1. WhiteWave Foods Company 13. Earth’s Own Food Company Inc.
2. Hain Celestial Group Inc. 14. Triballat Noyal 
3. Blue Diamond Growers, Inc. 15. Valsoia SpA 
4. Organic Valley 16. Daiya Foods Inc. (Acquired by 
5. SunOpta Inc. Otsuka Pharmaceutical Co., Ltd.)
6. Sanitarium Health and Wellbeing 17. Döhler GmbH
  C ompany 18. Archer Daniels Midland Company
7. Freedom Foods Group Limited 19. Danone
  8  . Kikkoman 20. GRUPO LECHE PASCUAL, S.A.
9. Vitasoy International Holdings Limited
10. Living Harvest Foods Inc.
11. Nutriops S.L 
12. Eden Foods Inc. 
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Report Title: 
Dairy Alternatives Market, Consumption Volume (by Source, A
pplication, Products, Nature, Sales Channel, & Region) and 20 
Company Profile - Global Forecast to 2026 
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