Tech Peak » Report On Region Specific Plant-Based Milk Market: Future Outlook by Key Players, Market Demand, Application, Manufacturing, Share and Forecast 2022-2030 By R&I

Report On Region Specific Plant-Based Milk Market: Future Outlook by Key Players, Market Demand, Application, Manufacturing, Share and Forecast 2022-2030 By R&I

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The report is titled as ‘Plant-Based Milk Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the Plant-Based Milk market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Plant-Based Milk market is expected to grow with significant rate in the near future.

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Plant-Based Milk Introduction

Plant based milk can be understood as a kind of plant beverage with a color similar to that of milk. Plant based milks are basically non-dairy beverages developed from a water-based plant extract for aroma and flavoring. Plant based milks are consumed as replacements to milk, and by and large offer a milky and buttery mouthfeel. There are roughly around 17 various kinds of plant milks; among which oat, almond, coconut, and soy are the biggest-selling all around the world. It is significant to note that plant-based beverages have been used up for centuries, with the name “milk-like plant juices”, since the 13th century. In present times, they are oftentimes pertained to as alternative milk, plant-based milk, non-dairy milk or vegan milk.

Attributing to its higher nutritional values and rich in minerals, vitamins, proteins and carbohydrates, plant-based milk is broadly recognized among consumers. It has several different applications in the dairy industry, food and beverage, and cosmetic industry. By virtue of rising awareness with regard to plant milk and its nutritional values among the consumers, the global plant-based milk market is projected to grow significantly in the following years.

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Plant-Based Milk Market Segmentation

The global plant-based milk market is segmented on the basis of category, form, source, product type, flavor type, end use, and region.

By Category

  • Organic
  • Conventional

By Form

  • Liquid
  • Powder

By Source

  • Fruits
  • Rice
  • Nuts
  • Soy
  • Others

By Product Type

  • Soy Milk
  • Almond Milk
  • Coconut milk
  • Cashew Milk
  • Hemp Seed Milk
  • Rice Milk
  • Oat Milk
  • Peanut Milk
  • Pea Milk
  • Hazelnut Milk
  • Macadamia Milk
  • Flax Milk
  • Walnut
  • Other Product Types (Spelt Milk, Banana, etc.)

By Flavor Type

  • Original/Unflavored
  • Flavoured
  • Chocolate
  • Vanilla
  • Strawberry
  • Coconut
  • Mocha
  • Berry
  • Hazelnut
  • Other

By End-Use

  • Infant Formula
  • Dairy Products
  • Milk
  • Cheese
  • Yogurt
  • Butter
  • Spreads
  • Ice Cream
  • Frozen Dessert
  • Bakery & Confectionary
  • Milk & Milk-based Beverages
  • Retail Sales

By Sales Channel

  • Direct Sales
  • Indirect Sales
  • Modern Trade
  • Convenience Store
  • Departmental Store
  • Traditional Store
  • Specialty Store
  • Online Retailers
  • Other Sales Channel

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

Plant-Based Milk Market Key Players

Some of the key participating players in global Plant-Based Milk market are:

  • Groupe Danone
  • Alpina Foods
  • Blue Diamond Growers, Inc.
  • Döhler GmbH
  • Earth’s Own Food Company Inc
  • Elden Foods Inc
  • Freedom Foods Group Ltd
  • Goya Foods
  • Hain Celestial Group, Inc
  • Kaslink Foods Oy Ltd
  • Living Harvest Foods Inc
  • Liwayway Holdings Company Limited
  • Mc Cormick & Co.
  • Natura Foods
  • Nutriops SL
  • Organic Valley.
  • Pacific Foods of Oregon, Inc.

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