Milk Substitutes (Non Dairy Milk) Market Report 2021 - 2030

Posted by Biswadeep on November 9th, 2021

Milk Substitutes (Non Dairy Milk) Global Market Report 2021 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2015-2020, and the forecast period – 2021-2025, with additional forecasts for 2025-2030. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

TBRC’s market report includes a chapter on the COVID-19 impact on the milk substitutes (non-dairy milk) industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected milk substitutes (non-dairy milk) market growth numbers from 2021-2030.

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The global milk substitutes non-dairy milk market is expected to grow from .93 billion in 2020 to .44 billion in 2021 at a compound annual growth rate (CAGR) of 7.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The non-dairy milk market is expected to reach .28 billion in 2025 at a CAGR of 9.9%.

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The Milk Substitutes (Non-Dairy Milk) Global Market Report 2020-30 by The Business Research Company evaluates milk substitutes (non-dairy milk) market size, growth rate, drivers, milk substitutes (non-dairy milk) industry trends, and major companies.

The milk substitutes market segments in the report are:

1) By Type: Soy Milk, Almond Milk, Rice Milk, Others

2) By Application: Food, Beverages

3) By Distribution Channel: Supermarkets, Hypermarkets, Convenience Stores, Specialty Stores, Online Retail Stores, Others

4) By Formulation: Plain-Sweetened, Plain-Unsweetened, Flavored-Sweetened, Others

The table of contents in TBRC’s milk substitutes (non-dairy milk) market report includes:

1. Executive Summary

2. Market Characteristics

3. Market Trends And Strategies

4. Impact Of COVID-19

5. Market Size And Growth

6. Segmentation

7. Regional And Country Analysis


27. Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions

29. Future Outlook and Potential Analysis

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The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology. It has offices in the UK, the US and India and a network of trained researchers in 20+ countries globally.  

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