Global Milk Substitute Beverages Supply, Demand and Key Producers, 2023-2029

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Published Date: 29 Jan 2023

Category: Food & Beverages

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Description
Table of Contents
Table of Figures
Research Methodology
Related Reports
Product Tags

Description

The global Milk Substitute Beverages market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

When compared to a dairy-based beverage, a plant-based beverage will inherently lack two major components: protein and texture. Consumers expect a lot out of their dairy-alternative beverages, from simple labels to reduced sugar, higher protein, improved mouthfeel, enhanced functionality and ingredients from sustainable sources.

This report studies the global Milk Substitute Beverages production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Milk Substitute Beverages, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Milk Substitute Beverages that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Milk Substitute Beverages total production and demand, 2018-2029, (Million Litres)
Global Milk Substitute Beverages total production value, 2018-2029, (USD Million)
Global Milk Substitute Beverages production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Million Litres)
Global Milk Substitute Beverages consumption by region & country, CAGR, 2018-2029 & (Million Litres)
U.S. VS China: Milk Substitute Beverages domestic production, consumption, key domestic manufacturers and share
Global Milk Substitute Beverages production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Million Litres)
Global Milk Substitute Beverages production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Million Litres)
Global Milk Substitute Beverages production by Application production, value, CAGR, 2018-2029, (USD Million) & (Million Litres)
This reports profiles key players in the global Milk Substitute Beverages market based on the following parameters – company overview, production, value, 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 and Marusan-Ai Co. Ltd, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Milk Substitute Beverages market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Million Litres) and average price (US$/Kilolitres) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Milk Substitute Beverages Market, By Region:
    United States
    China
    Europe
    Japan
    South Korea
    ASEAN
    India
    Rest of World

Global Milk Substitute Beverages Market, Segmentation by Type
    Almond
    Soy
    Coconut
    Rice
    Oats
    Others

Global Milk Substitute Beverages Market, Segmentation by Application
    Direct Drink
    Confectionery
    Bakery
    Ice Cream
    Cheese
    Others

Companies Profiled:
    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)
    Hebei Yangyuan Zhihui
    He Bei Cheng De Lolo
    Coconut Palm Group
    V V Food and Beverage
    Vitasoy International Holdings

Key Questions Answered
1. How big is the global Milk Substitute Beverages market?
2. What is the demand of the global Milk Substitute Beverages market?
3. What is the year over year growth of the global Milk Substitute Beverages market?
4. What is the production and production value of the global Milk Substitute Beverages market?
5. Who are the key producers in the global Milk Substitute Beverages market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 Milk Substitute Beverages Introduction
    1.2 World Milk Substitute Beverages Supply & Forecast
        1.2.1 World Milk Substitute Beverages Production Value (2018 & 2022 & 2029)
        1.2.2 World Milk Substitute Beverages Production (2018-2029)
        1.2.3 World Milk Substitute Beverages Pricing Trends (2018-2029)
    1.3 World Milk Substitute Beverages Production by Region (Based on Production Site)
        1.3.1 World Milk Substitute Beverages Production Value by Region (2018-2029)
        1.3.2 World Milk Substitute Beverages Production by Region (2018-2029)
        1.3.3 World Milk Substitute Beverages Average Price by Region (2018-2029)
        1.3.4 North America Milk Substitute Beverages Production (2018-2029)
        1.3.5 Europe Milk Substitute Beverages Production (2018-2029)
        1.3.6 China Milk Substitute Beverages Production (2018-2029)
        1.3.7 Japan Milk Substitute Beverages Production (2018-2029)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Milk Substitute Beverages Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Milk Substitute Beverages Major Market Trends
    1.5 Influence of COVID-19 and Russia-Ukraine War
        1.5.1 Influence of COVID-19
        1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
    2.1 World Milk Substitute Beverages Demand (2018-2029)
    2.2 World Milk Substitute Beverages Consumption by Region
        2.2.1 World Milk Substitute Beverages Consumption by Region (2018-2023)
        2.2.2 World Milk Substitute Beverages Consumption Forecast by Region (2024-2029)
    2.3 United States Milk Substitute Beverages Consumption (2018-2029)
    2.4 China Milk Substitute Beverages Consumption (2018-2029)
    2.5 Europe Milk Substitute Beverages Consumption (2018-2029)
    2.6 Japan Milk Substitute Beverages Consumption (2018-2029)
    2.7 South Korea Milk Substitute Beverages Consumption (2018-2029)
    2.8 ASEAN Milk Substitute Beverages Consumption (2018-2029)
    2.9 India Milk Substitute Beverages Consumption (2018-2029)

3 World Milk Substitute Beverages Manufacturers Competitive Analysis
    3.1 World Milk Substitute Beverages Production Value by Manufacturer (2018-2023)
    3.2 World Milk Substitute Beverages Production by Manufacturer (2018-2023)
    3.3 World Milk Substitute Beverages Average Price by Manufacturer (2018-2023)
    3.4 Milk Substitute Beverages Company Evaluation Quadrant
    3.5 Industry Rank and Concentration Rate (CR)
        3.5.1 Global Milk Substitute Beverages Industry Rank of Major Manufacturers
        3.5.2 Global Concentration Ratios (CR4) for Milk Substitute Beverages in 2022
        3.5.3 Global Concentration Ratios (CR8) for Milk Substitute Beverages in 2022
    3.6 Milk Substitute Beverages Market: Overall Company Footprint Analysis
        3.6.1 Milk Substitute Beverages Market: Region Footprint
        3.6.2 Milk Substitute Beverages Market: Company Product Type Footprint
        3.6.3 Milk Substitute Beverages Market: Company Product Application Footprint
    3.7 Competitive Environment
        3.7.1 Historical Structure of the Industry
        3.7.2 Barriers of Market Entry
        3.7.3 Factors of Competition
    3.8 New Entrant and Capacity Expansion Plans
    3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
    4.1 United States VS China: Milk Substitute Beverages Production Value Comparison
        4.1.1 United States VS China: Milk Substitute Beverages Production Value Comparison (2018 & 2022 & 2029)
        4.1.2 United States VS China: Milk Substitute Beverages Production Value Market Share Comparison (2018 & 2022 & 2029)
    4.2 United States VS China: Milk Substitute Beverages Production Comparison
        4.2.1 United States VS China: Milk Substitute Beverages Production Comparison (2018 & 2022 & 2029)
        4.2.2 United States VS China: Milk Substitute Beverages Production Market Share Comparison (2018 & 2022 & 2029)
    4.3 United States VS China: Milk Substitute Beverages Consumption Comparison
        4.3.1 United States VS China: Milk Substitute Beverages Consumption Comparison (2018 & 2022 & 2029)
        4.3.2 United States VS China: Milk Substitute Beverages Consumption Market Share Comparison (2018 & 2022 & 2029)
    4.4 United States Based Milk Substitute Beverages Manufacturers and Market Share, 2018-2023
        4.4.1 United States Based Milk Substitute Beverages Manufacturers, Headquarters and Production Site (States, Country)
        4.4.2 United States Based Manufacturers Milk Substitute Beverages Production Value (2018-2023)
        4.4.3 United States Based Manufacturers Milk Substitute Beverages Production (2018-2023)
    4.5 China Based Milk Substitute Beverages Manufacturers and Market Share
        4.5.1 China Based Milk Substitute Beverages Manufacturers, Headquarters and Production Site (Province, Country)
        4.5.2 China Based Manufacturers Milk Substitute Beverages Production Value (2018-2023)
        4.5.3 China Based Manufacturers Milk Substitute Beverages Production (2018-2023)
    4.6 Rest of World Based Milk Substitute Beverages Manufacturers and Market Share, 2018-2023
        4.6.1 Rest of World Based Milk Substitute Beverages Manufacturers, Headquarters and Production Site (State, Country)
        4.6.2 Rest of World Based Manufacturers Milk Substitute Beverages Production Value (2018-2023)
        4.6.3 Rest of World Based Manufacturers Milk Substitute Beverages Production (2018-2023)

5 Market Analysis by Type
    5.1 World Milk Substitute Beverages Market Size Overview by Type: 2018 VS 2022 VS 2029
    5.2 Segment Introduction by Type
        5.2.1 Almond
        5.2.2 Soy
        5.2.3 Coconut
        5.2.4 Rice
        5.2.5 Oats
        5.2.6 Others
    5.3 Market Segment by Type
        5.3.1 World Milk Substitute Beverages Production by Type (2018-2029)
        5.3.2 World Milk Substitute Beverages Production Value by Type (2018-2029)
        5.3.3 World Milk Substitute Beverages Average Price by Type (2018-2029)

6 Market Analysis by Application
    6.1 World Milk Substitute Beverages Market Size Overview by Application: 2018 VS 2022 VS 2029
    6.2 Segment Introduction by Application
        6.2.1 Direct Drink
        6.2.2 Confectionery
        6.2.3 Bakery
        6.2.4 Ice Cream
        6.2.5 Cheese
        6.2.6 Others
    6.3 Market Segment by Application
        6.3.1 World Milk Substitute Beverages Production by Application (2018-2029)
        6.3.2 World Milk Substitute Beverages Production Value by Application (2018-2029)
        6.3.3 World Milk Substitute Beverages Average Price by Application (2018-2029)

7 Company Profiles
    7.1 Danone
        7.1.1 Danone Details
        7.1.2 Danone Major Business
        7.1.3 Danone Milk Substitute Beverages Product and Services
        7.1.4 Danone Milk Substitute Beverages Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.1.5 Danone Recent Developments/Updates
        7.1.6 Danone Competitive Strengths & Weaknesses
    7.2 Blue Diamond Growers
        7.2.1 Blue Diamond Growers Details
        7.2.2 Blue Diamond Growers Major Business
        7.2.3 Blue Diamond Growers Milk Substitute Beverages Product and Services
        7.2.4 Blue Diamond Growers Milk Substitute Beverages Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.2.5 Blue Diamond Growers Recent Developments/Updates
        7.2.6 Blue Diamond Growers Competitive Strengths & Weaknesses
    7.3 Oatly
        7.3.1 Oatly Details
        7.3.2 Oatly Major Business
        7.3.3 Oatly Milk Substitute Beverages Product and Services
        7.3.4 Oatly Milk Substitute Beverages Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.3.5 Oatly Recent Developments/Updates
        7.3.6 Oatly Competitive Strengths & Weaknesses
    7.4 Kikkoman Corporation
        7.4.1 Kikkoman Corporation Details
        7.4.2 Kikkoman Corporation Major Business
        7.4.3 Kikkoman Corporation Milk Substitute Beverages Product and Services
        7.4.4 Kikkoman Corporation Milk Substitute Beverages Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.4.5 Kikkoman Corporation Recent Developments/Updates
        7.4.6 Kikkoman Corporation Competitive Strengths & Weaknesses
    7.5 Califia Farms
        7.5.1 Califia Farms Details
        7.5.2 Califia Farms Major Business
        7.5.3 Califia Farms Milk Substitute Beverages Product and Services
        7.5.4 Califia Farms Milk Substitute Beverages Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.5.5 Califia Farms Recent Developments/Updates
        7.5.6 Califia Farms Competitive Strengths & Weaknesses
    7.6 Earth's Own Food Company
        7.6.1 Earth's Own Food Company Details
        7.6.2 Earth's Own Food Company Major Business
        7.6.3 Earth's Own Food Company Milk Substitute Beverages Product and Services
        7.6.4 Earth's Own Food Company Milk Substitute Beverages Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.6.5 Earth's Own Food Company Recent Developments/Updates
        7.6.6 Earth's Own Food Company Competitive Strengths & Weaknesses
    7.7 Ezaki Glico
        7.7.1 Ezaki Glico Details
        7.7.2 Ezaki Glico Major Business
        7.7.3 Ezaki Glico Milk Substitute Beverages Product and Services
        7.7.4 Ezaki Glico Milk Substitute Beverages Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.7.5 Ezaki Glico Recent Developments/Updates
        7.7.6 Ezaki Glico Competitive Strengths & Weaknesses
    7.8 Ripple Foods
        7.8.1 Ripple Foods Details
        7.8.2 Ripple Foods Major Business
        7.8.3 Ripple Foods Milk Substitute Beverages Product and Services
        7.8.4 Ripple Foods Milk Substitute Beverages Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.8.5 Ripple Foods Recent Developments/Updates
        7.8.6 Ripple Foods Competitive Strengths & Weaknesses
    7.9 Marusan-Ai Co. Ltd
        7.9.1 Marusan-Ai Co. Ltd Details
        7.9.2 Marusan-Ai Co. Ltd Major Business
        7.9.3 Marusan-Ai Co. Ltd Milk Substitute Beverages Product and Services
        7.9.4 Marusan-Ai Co. Ltd Milk Substitute Beverages Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.9.5 Marusan-Ai Co. Ltd Recent Developments/Updates
        7.9.6 Marusan-Ai Co. Ltd Competitive Strengths & Weaknesses
    7.10 Campbell Soup Company
        7.10.1 Campbell Soup Company Details
        7.10.2 Campbell Soup Company Major Business
        7.10.3 Campbell Soup Company Milk Substitute Beverages Product and Services
        7.10.4 Campbell Soup Company Milk Substitute Beverages Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.10.5 Campbell Soup Company Recent Developments/Updates
        7.10.6 Campbell Soup Company Competitive Strengths & Weaknesses
    7.11 SunOpta
        7.11.1 SunOpta Details
        7.11.2 SunOpta Major Business
        7.11.3 SunOpta Milk Substitute Beverages Product and Services
        7.11.4 SunOpta Milk Substitute Beverages Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.11.5 SunOpta Recent Developments/Updates
        7.11.6 SunOpta Competitive Strengths & Weaknesses
    7.12 Nutrisoya Foods
        7.12.1 Nutrisoya Foods Details
        7.12.2 Nutrisoya Foods Major Business
        7.12.3 Nutrisoya Foods Milk Substitute Beverages Product and Services
        7.12.4 Nutrisoya Foods Milk Substitute Beverages Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.12.5 Nutrisoya Foods Recent Developments/Updates
        7.12.6 Nutrisoya Foods Competitive Strengths & Weaknesses
    7.13 Elmhurst Milked Direct
        7.13.1 Elmhurst Milked Direct Details
        7.13.2 Elmhurst Milked Direct Major Business
        7.13.3 Elmhurst Milked Direct Milk Substitute Beverages Product and Services
        7.13.4 Elmhurst Milked Direct Milk Substitute Beverages Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.13.5 Elmhurst Milked Direct Recent Developments/Updates
        7.13.6 Elmhurst Milked Direct Competitive Strengths & Weaknesses
    7.14 Panos Brands
        7.14.1 Panos Brands Details
        7.14.2 Panos Brands Major Business
        7.14.3 Panos Brands Milk Substitute Beverages Product and Services
        7.14.4 Panos Brands Milk Substitute Beverages Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.14.5 Panos Brands Recent Developments/Updates
        7.14.6 Panos Brands Competitive Strengths & Weaknesses
    7.15 Jindilli Beverages (milkadamia)
        7.15.1 Jindilli Beverages (milkadamia) Details
        7.15.2 Jindilli Beverages (milkadamia) Major Business
        7.15.3 Jindilli Beverages (milkadamia) Milk Substitute Beverages Product and Services
        7.15.4 Jindilli Beverages (milkadamia) Milk Substitute Beverages Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.15.5 Jindilli Beverages (milkadamia) Recent Developments/Updates
        7.15.6 Jindilli Beverages (milkadamia) Competitive Strengths & Weaknesses
    7.16 Hebei Yangyuan Zhihui
        7.16.1 Hebei Yangyuan Zhihui Details
        7.16.2 Hebei Yangyuan Zhihui Major Business
        7.16.3 Hebei Yangyuan Zhihui Milk Substitute Beverages Product and Services
        7.16.4 Hebei Yangyuan Zhihui Milk Substitute Beverages Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.16.5 Hebei Yangyuan Zhihui Recent Developments/Updates
        7.16.6 Hebei Yangyuan Zhihui Competitive Strengths & Weaknesses
    7.17 He Bei Cheng De Lolo
        7.17.1 He Bei Cheng De Lolo Details
        7.17.2 He Bei Cheng De Lolo Major Business
        7.17.3 He Bei Cheng De Lolo Milk Substitute Beverages Product and Services
        7.17.4 He Bei Cheng De Lolo Milk Substitute Beverages Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.17.5 He Bei Cheng De Lolo Recent Developments/Updates
        7.17.6 He Bei Cheng De Lolo Competitive Strengths & Weaknesses
    7.18 Coconut Palm Group
        7.18.1 Coconut Palm Group Details
        7.18.2 Coconut Palm Group Major Business
        7.18.3 Coconut Palm Group Milk Substitute Beverages Product and Services
        7.18.4 Coconut Palm Group Milk Substitute Beverages Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.18.5 Coconut Palm Group Recent Developments/Updates
        7.18.6 Coconut Palm Group Competitive Strengths & Weaknesses
    7.19 V V Food and Beverage
        7.19.1 V V Food and Beverage Details
        7.19.2 V V Food and Beverage Major Business
        7.19.3 V V Food and Beverage Milk Substitute Beverages Product and Services
        7.19.4 V V Food and Beverage Milk Substitute Beverages Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.19.5 V V Food and Beverage Recent Developments/Updates
        7.19.6 V V Food and Beverage Competitive Strengths & Weaknesses
    7.20 Vitasoy International Holdings
        7.20.1 Vitasoy International Holdings Details
        7.20.2 Vitasoy International Holdings Major Business
        7.20.3 Vitasoy International Holdings Milk Substitute Beverages Product and Services
        7.20.4 Vitasoy International Holdings Milk Substitute Beverages Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.20.5 Vitasoy International Holdings Recent Developments/Updates
        7.20.6 Vitasoy International Holdings Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Milk Substitute Beverages Industry Chain
    8.2 Milk Substitute Beverages Upstream Analysis
        8.2.1 Milk Substitute Beverages Core Raw Materials
        8.2.2 Main Manufacturers of Milk Substitute Beverages Core Raw Materials
    8.3 Midstream Analysis
    8.4 Downstream Analysis
    8.5 Milk Substitute Beverages Production Mode
    8.6 Milk Substitute Beverages Procurement Model
    8.7 Milk Substitute Beverages Industry Sales Model and Sales Channels
        8.7.1 Milk Substitute Beverages Sales Model
        8.7.2 Milk Substitute Beverages Typical Customers

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Milk Substitute Beverages Production Value by Region (2018, 2022 and 2029) & (USD Million)
    Table 2. World Milk Substitute Beverages Production Value by Region (2018-2023) & (USD Million)
    Table 3. World Milk Substitute Beverages Production Value by Region (2024-2029) & (USD Million)
    Table 4. World Milk Substitute Beverages Production Value Market Share by Region (2018-2023)
    Table 5. World Milk Substitute Beverages Production Value Market Share by Region (2024-2029)
    Table 6. World Milk Substitute Beverages Production by Region (2018-2023) & (Million Litres)
    Table 7. World Milk Substitute Beverages Production by Region (2024-2029) & (Million Litres)
    Table 8. World Milk Substitute Beverages Production Market Share by Region (2018-2023)
    Table 9. World Milk Substitute Beverages Production Market Share by Region (2024-2029)
    Table 10. World Milk Substitute Beverages Average Price by Region (2018-2023) & (US$/Kilolitres)
    Table 11. World Milk Substitute Beverages Average Price by Region (2024-2029) & (US$/Kilolitres)
    Table 12. Milk Substitute Beverages Major Market Trends
    Table 13. World Milk Substitute Beverages Consumption Growth Rate Forecast by Region (2018 & 2022 & 2029) & (Million Litres)
    Table 14. World Milk Substitute Beverages Consumption by Region (2018-2023) & (Million Litres)
    Table 15. World Milk Substitute Beverages Consumption Forecast by Region (2024-2029) & (Million Litres)
    Table 16. World Milk Substitute Beverages Production Value by Manufacturer (2018-2023) & (USD Million)
    Table 17. Production Value Market Share of Key Milk Substitute Beverages Producers in 2022
    Table 18. World Milk Substitute Beverages Production by Manufacturer (2018-2023) & (Million Litres)
    Table 19. Production Market Share of Key Milk Substitute Beverages Producers in 2022
    Table 20. World Milk Substitute Beverages Average Price by Manufacturer (2018-2023) & (US$/Kilolitres)
    Table 21. Global Milk Substitute Beverages Company Evaluation Quadrant
    Table 22. World Milk Substitute Beverages Industry Rank of Major Manufacturers, Based on Production Value in 2022
    Table 23. Head Office and Milk Substitute Beverages Production Site of Key Manufacturer
    Table 24. Milk Substitute Beverages Market: Company Product Type Footprint
    Table 25. Milk Substitute Beverages Market: Company Product Application Footprint
    Table 26. Milk Substitute Beverages Competitive Factors
    Table 27. Milk Substitute Beverages New Entrant and Capacity Expansion Plans
    Table 28. Milk Substitute Beverages Mergers & Acquisitions Activity
    Table 29. United States VS China Milk Substitute Beverages Production Value Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 30. United States VS China Milk Substitute Beverages Production Comparison, (2018 & 2022 & 2029) & (Million Litres)
    Table 31. United States VS China Milk Substitute Beverages Consumption Comparison, (2018 & 2022 & 2029) & (Million Litres)
    Table 32. United States Based Milk Substitute Beverages Manufacturers, Headquarters and Production Site (States, Country)
    Table 33. United States Based Manufacturers Milk Substitute Beverages Production Value, (2018-2023) & (USD Million)
    Table 34. United States Based Manufacturers Milk Substitute Beverages Production Value Market Share (2018-2023)
    Table 35. United States Based Manufacturers Milk Substitute Beverages Production (2018-2023) & (Million Litres)
    Table 36. United States Based Manufacturers Milk Substitute Beverages Production Market Share (2018-2023)
    Table 37. China Based Milk Substitute Beverages Manufacturers, Headquarters and Production Site (Province, Country)
    Table 38. China Based Manufacturers Milk Substitute Beverages Production Value, (2018-2023) & (USD Million)
    Table 39. China Based Manufacturers Milk Substitute Beverages Production Value Market Share (2018-2023)
    Table 40. China Based Manufacturers Milk Substitute Beverages Production (2018-2023) & (Million Litres)
    Table 41. China Based Manufacturers Milk Substitute Beverages Production Market Share (2018-2023)
    Table 42. Rest of World Based Milk Substitute Beverages Manufacturers, Headquarters and Production Site (States, Country)
    Table 43. Rest of World Based Manufacturers Milk Substitute Beverages Production Value, (2018-2023) & (USD Million)
    Table 44. Rest of World Based Manufacturers Milk Substitute Beverages Production Value Market Share (2018-2023)
    Table 45. Rest of World Based Manufacturers Milk Substitute Beverages Production (2018-2023) & (Million Litres)
    Table 46. Rest of World Based Manufacturers Milk Substitute Beverages Production Market Share (2018-2023)
    Table 47. World Milk Substitute Beverages Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 48. World Milk Substitute Beverages Production by Type (2018-2023) & (Million Litres)
    Table 49. World Milk Substitute Beverages Production by Type (2024-2029) & (Million Litres)
    Table 50. World Milk Substitute Beverages Production Value by Type (2018-2023) & (USD Million)
    Table 51. World Milk Substitute Beverages Production Value by Type (2024-2029) & (USD Million)
    Table 52. World Milk Substitute Beverages Average Price by Type (2018-2023) & (US$/Kilolitres)
    Table 53. World Milk Substitute Beverages Average Price by Type (2024-2029) & (US$/Kilolitres)
    Table 54. World Milk Substitute Beverages Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 55. World Milk Substitute Beverages Production by Application (2018-2023) & (Million Litres)
    Table 56. World Milk Substitute Beverages Production by Application (2024-2029) & (Million Litres)
    Table 57. World Milk Substitute Beverages Production Value by Application (2018-2023) & (USD Million)
    Table 58. World Milk Substitute Beverages Production Value by Application (2024-2029) & (USD Million)
    Table 59. World Milk Substitute Beverages Average Price by Application (2018-2023) & (US$/Kilolitres)
    Table 60. World Milk Substitute Beverages Average Price by Application (2024-2029) & (US$/Kilolitres)
    Table 61. Danone Basic Information, Manufacturing Base and Competitors
    Table 62. Danone Major Business
    Table 63. Danone Milk Substitute Beverages Product and Services
    Table 64. Danone Milk Substitute Beverages Production (Million Litres), Price (US$/Kilolitres), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 65. Danone Recent Developments/Updates
    Table 66. Danone Competitive Strengths & Weaknesses
    Table 67. Blue Diamond Growers Basic Information, Manufacturing Base and Competitors
    Table 68. Blue Diamond Growers Major Business
    Table 69. Blue Diamond Growers Milk Substitute Beverages Product and Services
    Table 70. Blue Diamond Growers Milk Substitute Beverages Production (Million Litres), Price (US$/Kilolitres), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 71. Blue Diamond Growers Recent Developments/Updates
    Table 72. Blue Diamond Growers Competitive Strengths & Weaknesses
    Table 73. Oatly Basic Information, Manufacturing Base and Competitors
    Table 74. Oatly Major Business
    Table 75. Oatly Milk Substitute Beverages Product and Services
    Table 76. Oatly Milk Substitute Beverages Production (Million Litres), Price (US$/Kilolitres), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 77. Oatly Recent Developments/Updates
    Table 78. Oatly Competitive Strengths & Weaknesses
    Table 79. Kikkoman Corporation Basic Information, Manufacturing Base and Competitors
    Table 80. Kikkoman Corporation Major Business
    Table 81. Kikkoman Corporation Milk Substitute Beverages Product and Services
    Table 82. Kikkoman Corporation Milk Substitute Beverages Production (Million Litres), Price (US$/Kilolitres), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 83. Kikkoman Corporation Recent Developments/Updates
    Table 84. Kikkoman Corporation Competitive Strengths & Weaknesses
    Table 85. Califia Farms Basic Information, Manufacturing Base and Competitors
    Table 86. Califia Farms Major Business
    Table 87. Califia Farms Milk Substitute Beverages Product and Services
    Table 88. Califia Farms Milk Substitute Beverages Production (Million Litres), Price (US$/Kilolitres), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 89. Califia Farms Recent Developments/Updates
    Table 90. Califia Farms Competitive Strengths & Weaknesses
    Table 91. Earth's Own Food Company Basic Information, Manufacturing Base and Competitors
    Table 92. Earth's Own Food Company Major Business
    Table 93. Earth's Own Food Company Milk Substitute Beverages Product and Services
    Table 94. Earth's Own Food Company Milk Substitute Beverages Production (Million Litres), Price (US$/Kilolitres), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 95. Earth's Own Food Company Recent Developments/Updates
    Table 96. Earth's Own Food Company Competitive Strengths & Weaknesses
    Table 97. Ezaki Glico Basic Information, Manufacturing Base and Competitors
    Table 98. Ezaki Glico Major Business
    Table 99. Ezaki Glico Milk Substitute Beverages Product and Services
    Table 100. Ezaki Glico Milk Substitute Beverages Production (Million Litres), Price (US$/Kilolitres), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 101. Ezaki Glico Recent Developments/Updates
    Table 102. Ezaki Glico Competitive Strengths & Weaknesses
    Table 103. Ripple Foods Basic Information, Manufacturing Base and Competitors
    Table 104. Ripple Foods Major Business
    Table 105. Ripple Foods Milk Substitute Beverages Product and Services
    Table 106. Ripple Foods Milk Substitute Beverages Production (Million Litres), Price (US$/Kilolitres), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 107. Ripple Foods Recent Developments/Updates
    Table 108. Ripple Foods Competitive Strengths & Weaknesses
    Table 109. Marusan-Ai Co. Ltd Basic Information, Manufacturing Base and Competitors
    Table 110. Marusan-Ai Co. Ltd Major Business
    Table 111. Marusan-Ai Co. Ltd Milk Substitute Beverages Product and Services
    Table 112. Marusan-Ai Co. Ltd Milk Substitute Beverages Production (Million Litres), Price (US$/Kilolitres), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 113. Marusan-Ai Co. Ltd Recent Developments/Updates
    Table 114. Marusan-Ai Co. Ltd Competitive Strengths & Weaknesses
    Table 115. Campbell Soup Company Basic Information, Manufacturing Base and Competitors
    Table 116. Campbell Soup Company Major Business
    Table 117. Campbell Soup Company Milk Substitute Beverages Product and Services
    Table 118. Campbell Soup Company Milk Substitute Beverages Production (Million Litres), Price (US$/Kilolitres), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 119. Campbell Soup Company Recent Developments/Updates
    Table 120. Campbell Soup Company Competitive Strengths & Weaknesses
    Table 121. SunOpta Basic Information, Manufacturing Base and Competitors
    Table 122. SunOpta Major Business
    Table 123. SunOpta Milk Substitute Beverages Product and Services
    Table 124. SunOpta Milk Substitute Beverages Production (Million Litres), Price (US$/Kilolitres), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 125. SunOpta Recent Developments/Updates
    Table 126. SunOpta Competitive Strengths & Weaknesses
    Table 127. Nutrisoya Foods Basic Information, Manufacturing Base and Competitors
    Table 128. Nutrisoya Foods Major Business
    Table 129. Nutrisoya Foods Milk Substitute Beverages Product and Services
    Table 130. Nutrisoya Foods Milk Substitute Beverages Production (Million Litres), Price (US$/Kilolitres), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 131. Nutrisoya Foods Recent Developments/Updates
    Table 132. Nutrisoya Foods Competitive Strengths & Weaknesses
    Table 133. Elmhurst Milked Direct Basic Information, Manufacturing Base and Competitors
    Table 134. Elmhurst Milked Direct Major Business
    Table 135. Elmhurst Milked Direct Milk Substitute Beverages Product and Services
    Table 136. Elmhurst Milked Direct Milk Substitute Beverages Production (Million Litres), Price (US$/Kilolitres), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 137. Elmhurst Milked Direct Recent Developments/Updates
    Table 138. Elmhurst Milked Direct Competitive Strengths & Weaknesses
    Table 139. Panos Brands Basic Information, Manufacturing Base and Competitors
    Table 140. Panos Brands Major Business
    Table 141. Panos Brands Milk Substitute Beverages Product and Services
    Table 142. Panos Brands Milk Substitute Beverages Production (Million Litres), Price (US$/Kilolitres), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 143. Panos Brands Recent Developments/Updates
    Table 144. Panos Brands Competitive Strengths & Weaknesses
    Table 145. Jindilli Beverages (milkadamia) Basic Information, Manufacturing Base and Competitors
    Table 146. Jindilli Beverages (milkadamia) Major Business
    Table 147. Jindilli Beverages (milkadamia) Milk Substitute Beverages Product and Services
    Table 148. Jindilli Beverages (milkadamia) Milk Substitute Beverages Production (Million Litres), Price (US$/Kilolitres), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 149. Jindilli Beverages (milkadamia) Recent Developments/Updates
    Table 150. Jindilli Beverages (milkadamia) Competitive Strengths & Weaknesses
    Table 151. Hebei Yangyuan Zhihui Basic Information, Manufacturing Base and Competitors
    Table 152. Hebei Yangyuan Zhihui Major Business
    Table 153. Hebei Yangyuan Zhihui Milk Substitute Beverages Product and Services
    Table 154. Hebei Yangyuan Zhihui Milk Substitute Beverages Production (Million Litres), Price (US$/Kilolitres), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 155. Hebei Yangyuan Zhihui Recent Developments/Updates
    Table 156. Hebei Yangyuan Zhihui Competitive Strengths & Weaknesses
    Table 157. He Bei Cheng De Lolo Basic Information, Manufacturing Base and Competitors
    Table 158. He Bei Cheng De Lolo Major Business
    Table 159. He Bei Cheng De Lolo Milk Substitute Beverages Product and Services
    Table 160. He Bei Cheng De Lolo Milk Substitute Beverages Production (Million Litres), Price (US$/Kilolitres), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 161. He Bei Cheng De Lolo Recent Developments/Updates
    Table 162. He Bei Cheng De Lolo Competitive Strengths & Weaknesses
    Table 163. Coconut Palm Group Basic Information, Manufacturing Base and Competitors
    Table 164. Coconut Palm Group Major Business
    Table 165. Coconut Palm Group Milk Substitute Beverages Product and Services
    Table 166. Coconut Palm Group Milk Substitute Beverages Production (Million Litres), Price (US$/Kilolitres), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 167. Coconut Palm Group Recent Developments/Updates
    Table 168. Coconut Palm Group Competitive Strengths & Weaknesses
    Table 169. V V Food and Beverage Basic Information, Manufacturing Base and Competitors
    Table 170. V V Food and Beverage Major Business
    Table 171. V V Food and Beverage Milk Substitute Beverages Product and Services
    Table 172. V V Food and Beverage Milk Substitute Beverages Production (Million Litres), Price (US$/Kilolitres), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 173. V V Food and Beverage Recent Developments/Updates
    Table 174. Vitasoy International Holdings Basic Information, Manufacturing Base and Competitors
    Table 175. Vitasoy International Holdings Major Business
    Table 176. Vitasoy International Holdings Milk Substitute Beverages Product and Services
    Table 177. Vitasoy International Holdings Milk Substitute Beverages Production (Million Litres), Price (US$/Kilolitres), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 178. Global Key Players of Milk Substitute Beverages Upstream (Raw Materials)
    Table 179. Milk Substitute Beverages Typical Customers
    Table 180. Milk Substitute Beverages Typical Distributors
List of Figure
    Figure 1. Milk Substitute Beverages Picture
    Figure 2. World Milk Substitute Beverages Production Value: 2018 & 2022 & 2029, (USD Million)
    Figure 3. World Milk Substitute Beverages Production Value and Forecast (2018-2029) & (USD Million)
    Figure 4. World Milk Substitute Beverages Production (2018-2029) & (Million Litres)
    Figure 5. World Milk Substitute Beverages Average Price (2018-2029) & (US$/Kilolitres)
    Figure 6. World Milk Substitute Beverages Production Value Market Share by Region (2018-2029)
    Figure 7. World Milk Substitute Beverages Production Market Share by Region (2018-2029)
    Figure 8. North America Milk Substitute Beverages Production (2018-2029) & (Million Litres)
    Figure 9. Europe Milk Substitute Beverages Production (2018-2029) & (Million Litres)
    Figure 10. China Milk Substitute Beverages Production (2018-2029) & (Million Litres)
    Figure 11. Japan Milk Substitute Beverages Production (2018-2029) & (Million Litres)
    Figure 12. Milk Substitute Beverages Market Drivers
    Figure 13. Factors Affecting Demand
    Figure 14. World Milk Substitute Beverages Consumption (2018-2029) & (Million Litres)
    Figure 15. World Milk Substitute Beverages Consumption Market Share by Region (2018-2029)
    Figure 16. United States Milk Substitute Beverages Consumption (2018-2029) & (Million Litres)
    Figure 17. China Milk Substitute Beverages Consumption (2018-2029) & (Million Litres)
    Figure 18. Europe Milk Substitute Beverages Consumption (2018-2029) & (Million Litres)
    Figure 19. Japan Milk Substitute Beverages Consumption (2018-2029) & (Million Litres)
    Figure 20. South Korea Milk Substitute Beverages Consumption (2018-2029) & (Million Litres)
    Figure 21. ASEAN Milk Substitute Beverages Consumption (2018-2029) & (Million Litres)
    Figure 22. India Milk Substitute Beverages Consumption (2018-2029) & (Million Litres)
    Figure 23. Producer Shipments of Milk Substitute Beverages by Manufacturer Revenue ($MM) and Market Share (%): 2022
    Figure 24. Global Four-firm Concentration Ratios (CR4) for Milk Substitute Beverages Markets in 2022
    Figure 25. Global Four-firm Concentration Ratios (CR8) for Milk Substitute Beverages Markets in 2022
    Figure 26. United States VS China: Milk Substitute Beverages Production Value Market Share Comparison (2018 & 2022 & 2029)
    Figure 27. United States VS China: Milk Substitute Beverages Production Market Share Comparison (2018 & 2022 & 2029)
    Figure 28. United States VS China: Milk Substitute Beverages Consumption Market Share Comparison (2018 & 2022 & 2029)
    Figure 29. United States Based Manufacturers Milk Substitute Beverages Production Market Share 2022
    Figure 30. China Based Manufacturers Milk Substitute Beverages Production Market Share 2022
    Figure 31. Rest of World Based Manufacturers Milk Substitute Beverages Production Market Share 2022
    Figure 32. World Milk Substitute Beverages Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 33. World Milk Substitute Beverages Production Value Market Share by Type in 2022
    Figure 34. Almond
    Figure 35. Soy
    Figure 36. Coconut
    Figure 37. Rice
    Figure 38. Oats
    Figure 39. Others
    Figure 40. World Milk Substitute Beverages Production Market Share by Type (2018-2029)
    Figure 41. World Milk Substitute Beverages Production Value Market Share by Type (2018-2029)
    Figure 42. World Milk Substitute Beverages Average Price by Type (2018-2029) & (US$/Kilolitres)
    Figure 43. World Milk Substitute Beverages Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Figure 44. World Milk Substitute Beverages Production Value Market Share by Application in 2022
    Figure 45. Direct Drink
    Figure 46. Confectionery
    Figure 47. Bakery
    Figure 48. Ice Cream
    Figure 49. Cheese
    Figure 50. Others
    Figure 51. World Milk Substitute Beverages Production Market Share by Application (2018-2029)
    Figure 52. World Milk Substitute Beverages Production Value Market Share by Application (2018-2029)
    Figure 53. World Milk Substitute Beverages Average Price by Application (2018-2029) & (US$/Kilolitres)
    Figure 54. Milk Substitute Beverages Industry Chain
    Figure 55. Milk Substitute Beverages Procurement Model
    Figure 56. Milk Substitute Beverages Sales Model
    Figure 57. Milk Substitute Beverages Sales Channels, Direct Sales, and Distribution
    Figure 58. Methodology
    Figure 59. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Product Tags

Milk Substitute Beverages

Vegetarian No-fat Cake

Dairy Flavor Spices

Cake

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