Plant-based Milk Powder Market
Plant-based Milk Powder Market Study by Almond, Soy, and Coconut Milk Powder for Bakery & Confectionery, Nutritional Food, and Infant Formula from 2024 to 2034
Analysis of Plant-based Milk Powder Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Plant-based Milk Powder Market Outlook (2024 to 2034)
Expanding at a CAGR of 7.7%, the global plant-based milk powder market is projected to increase from a valuation of US$ 425.3 million in 2024 to US$ 896.5 million by the end of 2034. However, several other alternatives such as almond, soy, coconut, oat, and rice milk are also attracting consumers’ interest.
Advancements in plant-based milk powder formulations, such as improved taste, texture, and nutritional profiles, are key factors driving market growth. Manufacturers are investing in research and development to enhance the quality and variety of the plant-based milk powders that they produce.
The increasing availability of enriched milk powders in retail outlets, supermarkets, and online platforms is playing a crucial role is driving the sales of plant-based milk powder. E-commerce platforms have improved the accessibility of many milk powder products, enabling consumers from all regions, even remote areas, to purchase products from high-end brands.
Key Market Growth Drivers
- Consumers are becoming conscious of their health and wellness, which is driving sales of plant-based products. Plant-based milk powders are perceived as healthier options due to their lower cholesterol and saturated fat content compared to dairy milk.
- With the increasing prevalence of lactose intolerance and dairy allergies, demand for alternatives like almond, soy, and coconut milk powders is rising. This provides viable options for those unable to consume dairy products.
- The increasing vegan and vegetarian population worldwide drives plant-based food products, including flavored milk alternatives. Plant-based milk powders align with the dietary preferences of individuals following vegan or vegetarian lifestyles.
- Rising concerns about animal welfare and the environmental impact of traditional dairy farming practices prompt consumers to seek sustainable alternatives.
- Plant-based milk powders require fewer resources and have a lower carbon footprint compared to dairy milk production, addressing these concerns.
- Expansion of distribution channels and partnerships with retailers are facilitating market penetration and driving consumption of plant-based milk powder.
| Report Attributes | Details |
|---|---|
| Plant-based Milk Powder Market Size (2024E) | US$ 425.3 Million |
| Forecasted Market Value (2034F) | US$ 896.5 Million |
| Global Market Growth Rate (2024 to 2034) | 7.7% CAGR |
| North America Market Value (2024E) | US$ 95.9 Million |
| East Asia Market Value (2024E) | US$ 105 Million |
| Sales of Almond Milk Powder (2024E) | US$ 152 Million |
| Key Companies Profiled |
|
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What are the Key Factors Increasing Sales of Plant-based Milk Powder?
“Lactose-Free Composition and Low Saturated Fat Levels Associated with Plant-based Milk”
Diversifying product offerings and innovating with formulations, flavors, and packaging broadens the appeal and increases sales of plant-based milk powder. Emphasizing health benefits, like being lactose-free and low in cholesterol and saturated fats, as well as being rich in essential nutrients is setting plant-based milk powder trends to attract health-conscious consumers. Effective marketing campaigns that highlight taste, versatility, and brand values can boost awareness and trust, leading to increased sales.
“Rising Consciousness Regarding Environmental Sustainability and Animal Welfare”
Increased awareness of environmental sustainability and animal welfare concerns linked to dairy farming has driven consumers towards plant-based alternatives. Plant-based milk powders entail a reduced environmental impact compared to dairy production, rendering them a more sustainable option.
Extensive retail distribution and strategic partnerships ensure widespread product availability while educating consumers about environmental and health advantages builds loyalty. Competitive pricing, promotions, and packaging options appeal to budget-conscious shoppers. Meeting taste and texture expectations through product development and consumer feedback leads to repeat purchases and consumer satisfaction.
What are the Hindrances to Sales Growth of Plant-based Milk Powder?
“Price Sensitivity Challenges and Limited Visibility in Retail Spaces”
Challenges to the sales of plant-based milk powder include consumer dissatisfaction with taste and texture, potential price sensitivity due to higher costs compared to dairy milk, limited visibility in retail spaces, intense competition within the plant-based milk market, difficulties in securing reliable ingredient sources and managing the supply chain, navigating complex regulatory requirements and labeling standards, and the need for increased consumer education and awareness regarding the nutritional and environmental benefits of plant-based options.
Overcoming these hurdles requires improvements in product development, pricing strategies, retail partnerships, differentiation tactics, supply chain management, regulatory compliance, and educational initiatives targeting consumers.
“Misconceptions or Lack of Knowledge about Benefits of Plant-Based Milk Powder”
Enhancing formulations is essential to address taste and texture concerns among consumers regarding plant-based milk powders, which hinder repeat purchases and overall market acceptance. Although there is a growing interest in plant-based diets, misunderstandings or limited awareness regarding the nutritional benefits and environmental advantages of plant-based milk powders may persist. Utilizing targeted marketing efforts and informative labeling can effectively mitigate these challenges and drive the consumption of plant-based milk powder.
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Country-wise Insights
Why is the United States a Lucrative Market for Plant-based Milk Powder Producers?
“Reduced Normal Milk Consumption Due to Evolving Consumer Tastes”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 69.2 Million |
| Growth Rate (2024 to 2034) | 7.3% CAGR |
| Projected Value (2034F) | US$ 140.1 Million |
Plant-based milk powders are now more readily accessible in various retail outlets across the United States, including mainstream grocery stores, specialty health food stores, and online retailers. This increased availability facilitates consumers' integration of plant-based alternatives into their dietary choices.
The dairy sector in the United States is encountering difficulties like reduced milk consumption and evolving consumer tastes. Consequently, demand for plant-based substitutes, including milk powders, is increasing, as they provide a feasible choice for individuals looking for dairy-free options.
Why is the Plant-based Milk Powder Market Size in China Expanding Substantially?
“High Demand for Infant Formula and Milk Powder Products”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 75.5 Million |
| Growth Rate (2024 to 2034) | 8% CAGR |
| Projected Value (2034F) | US$ 163.6 Million |
China holds a significant plant-based milk powder market share due to urbanization which has transformed lifestyles and dietary preferences, prompting more urban dwellers in the country to choose convenient and nutritious alternatives such as milk powder. Increased awareness of health and nutrition, especially among young parents, has stimulated demand for premium-quality milk powder enriched with essential vitamins, minerals, and nutritional additives. Chinese consumers demonstrate a preference for international milk powder brands, perceiving them as safer and of superior quality, particularly in light of past safety incidents in the domestic milk powder industry.
Government efforts to enhance food safety regulations and oversee the milk powder industry have played a crucial role in rebuilding consumer confidence and trust in the market. Both domestic and international milk powder companies have leveraged strong brand reputations and effective marketing campaigns to target specific consumer demographics, contributing to sustained plant-based milk powder market growth. Despite the relaxation of the one-child policy, China's birth rates are steadily rising, resulting in heightened demand for infant formula and milk powder products.
Category-wise Insights
Why is Use of Plant-based Milk Powder Increasing in Bakery & Confectionery Items?
“Plant-based Milk Powder Improving Moisture Retention in Baked Goods”
| Attribute | Bakery & Confectionery |
|---|---|
| Market Value (2024E) | US$ 214 Million |
| Market Share (2024E) | 50.23% |
| Projected Value (2034F) | US$ 481 Million |
Plant-based milk powders improve the texture and moisture retention of baked goods and confectionery items, thereby enhancing the overall quality and mouthfeel of products, which increases their attractiveness to consumers. Plant-based milk powders are devoid of common allergens like dairy, lactose, and gluten, rendering them appropriate for individuals with dietary limitations or allergies. They also cater to various dietary inclinations such as vegetarian, flexitarian, and plant-based diets, broadening their appeal to consumers.
Why Does Almond Powder Account for a Significant Share of the Market?
“Rising Population of Individuals with Lactose Intolerance and Dairy Allergies”
| Attribute | Almond Milk Powder |
|---|---|
| Market Value (2024E) | US$ 152 Million |
| Market Share (2024E) | 35.69% |
| Projected Value (2034F) | US$ 347 Million |
Almond milk powder, a plant-derived milk alternative produced by blending blanched almonds with water to achieve a creamy liquid, subsequently dehydrated into powder form, is experiencing heightened interest from consumers around the world. The rise in demand stems from various factors such as the escalating population of individuals with lactose intolerance, dairy allergies, and diverse dietary constraints, along with the expanding adoption of plant-centric diets and lifestyles.
Almond milk powder, characterized by its nutty taste, low-calorie content, and abundant nutritional benefits including ample vitamin E, is increasingly sought after. The gentle, subtly sweet taste of almond milk powder enhances a diverse array of recipes and beverages. Its neutral flavor profile renders it adaptable for inclusion in both sweet and savory dishes, appealing to a broad spectrum of consumers.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape
Key players in the plant-based milk powder industry are Urban Platter, Bio Nutrients (India) Pvt. Ltd, Chocolate Alchemy, Jaffe Bros. Inc, The Hershey Company, The Bridge s.r.l. Kaslink Foods Oy Ltd., Edward & Sons, Blue Diamond Growers, Inc., Chef’s Choice Food Manufacturer Company Limited, and Liwayway Holdings Company Limited. The brands need to offer unique value propositions and employ effective marketing tactics to excel in this competitive environment.
- In October 2023, Nestlé introduced a new instant milk powder in Central and West Africa that combines dairy and plant-based components, branding the product as both cost-effective and nutritious.
- In 2022, Danone unveiled its Dairy & Plants Blend infant formula, addressing the demand from parents seeking feeding options compatible with vegetarian, flexitarian, and plant-based diets while fulfilling their baby's nutritional needs.
Key Segments of Plant-based Milk Powder Market Research
-
By Type :
- Almond Milk Powder
- Soy Milk Powder
- Coconut Milk Powder
-
By Application :
- Bakery & Confectionery
- Nutritional Food
- Infant Formula
-
By Distribution Channel :
- Online Sales
- Supermarkets/Hypermarkets
- Specialized Stores
- Convenience Stores
- Retail Stores
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa (MEA)
Table of Content
1. Global Market - Executive Summary 1.1. Global Market Overview 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Fact.MR Analysis and Recommendations 2. Global Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Introduction and Definition 3. Market Background and Foundation Data Points 3.1. Need of the Hour for Companies 3.2. Strategic Priorities 3.3. Life Cycle Stage 3.4. Importance of Technology 3.5. Use Cases of Plant-based Milk Powder 3.6. Forecast Factors: Relevance and Impact 3.7. Investment Feasibility Matrix 3.8. PESTLE Analysis 3.9. Porter’s Five Forces Analysis 3.10. Market Dynamics 3.10.1. Drivers 3.10.2. Restraints 3.10.3. Opportunity Analysis 3.10.4. Trend 4. Global Market Demand (US$ Mn) Analysis 2018 to 2023 and Forecast, 2024 to 2034 4.1. Historical Market Value (US$ Mn) Analysis, 2018 to 2023 4.2. Current and Future Market Value (US$ Mn) Projections, 2024 to 2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Type 5.1. Introduction / Key Findings 5.2. Historical Market Value (US$ Mn) Analysis By Type, 2018 to 2023 5.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Type, 2024 to 2034 5.3.1. Almond Milk Powder 5.3.2. Soy Milk Powder 5.3.3. Coconut Milk Powder 5.4. Market Attractiveness Analysis By Type 6. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Application 6.1. Introduction / Key Findings 6.2. Historical Market Value (US$ Mn) Analysis By Application, 2018 to 2023 6.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Application, 2024 to 2034 6.3.1. Bakery & Confectionery 6.3.2. Nutritional Food 6.3.3. Infant Formula 6.4. Market Attractiveness Analysis By Application 7. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Distribution Channel 7.1. Introduction / Key Findings 7.2. Historical Market Value (US$ Mn) Analysis By Distribution Channel, 2018 to 2023 7.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Distribution Channel, 2024 to 2034 7.3.1. Online Sales 7.3.2. Supermarkets/Hypermarkets 7.3.3. Specialized Stores 7.3.4. Convenience Stores 7.3.5. Retail Stores 7.4. Market Attractiveness Analysis By Distribution Channel 8. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Region 8.1. Introduction / Key Findings 8.2. Historical Market Value (US$ Mn) Analysis By Region, 2018 to 2023 8.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. East Asia 8.3.5. South Asia & Oceania 8.3.6. Middle East and Africa (MEA) 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034 9.1. Introduction / Key Findings 9.2. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 9.3. Market Value (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034 9.3.1. By Country 9.3.1.1. United States 9.3.1.2. Canada 9.3.2. By Type 9.3.3. By Application 9.4. Market Attractiveness Analysis 9.4.1. By Country 9.4.2. By Type 9.4.3. By Application 10. Latin America Market Analysis 2018 to 2023 and Forecast 2024 to 2034 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 10.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034 10.3.1. By Country 10.3.1.1. Brazil 10.3.1.2. Mexico 10.3.1.3. Rest of Latin America 10.3.2. By Type 10.3.3. By Application 10.3.4. By Distribution Channel 10.4. Market Attractiveness Analysis 10.4.1. By Country 10.4.2. By Type 10.4.3. By Application 10.4.4. By Distribution Channel 11. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 11.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034 11.3.1. By Country 11.3.1.1. Germany 11.3.1.2. France 11.3.1.3. Italy 11.3.1.4. Spain 11.3.1.5. United Kingdom 11.3.1.6. BENELUX 11.3.1.7. Russia 11.3.1.8. Rest of Europe 11.3.2. By Type 11.3.3. By Application 11.3.4. By Distribution Channel 11.4. Market Attractiveness Analysis 11.4.1. By Country 11.4.2. By Type 11.4.3. By Application 11.4.4. By Distribution Channel 12. East Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034 12.1. Introduction / Key Findings 12.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 12.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034 12.3.1. By Country 12.3.1.1. China 12.3.1.2. Japan 12.3.1.3. South Korea 12.3.2. By Type 12.3.3. By Application 12.3.4. By Distribution Channel 12.4. Market Attractiveness Analysis 12.4.1. By Country 12.4.2. By Type 12.4.3. By Application 12.4.4. By Distribution Channel 13. South Asia & Oceania Market Analysis 2018 to 2023 and Forecast 2024 to 2034 13.1. Introduction / Key Findings 13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 13.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034 13.3.1. By Country 13.3.1.1. India 13.3.1.2. Thailand 13.3.1.3. Malaysia 13.3.1.4. Singapore 13.3.1.5. Vietnam 13.3.1.6. ANZ 13.3.1.7. Rest of South Asia & Oceania 13.3.2. By Type 13.3.3. By Application 13.3.4. By Distribution Channel 13.4. Market Attractiveness Analysis 13.4.1. By Country 13.4.2. By Type 13.4.3. By Application 13.4.4. By Distribution Channel 14. Middle East and Africa Market Analysis 2018 to 2023 and Forecast 2024 to 2034 14.1. Introduction / Key Findings 14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 14.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034 14.3.1. By Country 14.3.1.1. GCC Countries 14.3.1.2. South Africa 14.3.1.3. Israel 14.3.1.4. Rest of Middle East and Africa (MEA) 14.3.2. By Type 14.3.3. By Application 14.3.4. By Distribution Channel 14.4. Market Attractiveness Analysis 14.4.1. By Country 14.4.2. By Type 14.4.3. By Application 14.4.4. By Distribution Channel 15. Market Structure Analysis 15.1. Market Analysis by Tier of Companies 15.2. Market Concentration 15.3. Market Share Analysis of Top Players 15.4. Market Presence Analysis 16. Competition Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Competition Deep Dive 16.3.1. Urban Platter 16.3.1.1. Company Overview 16.3.1.2. Type overview 16.3.1.3. SWOT Analysis 16.3.1.4. Key Developments 16.3.2. Bio Nutrients (India) Pvt. Ltd. 16.3.2.1. Company Overview 16.3.2.2. Type overview 16.3.2.3. SWOT Analysis 16.3.2.4. Key Developments 16.3.3. Chocolate Alchemy 16.3.3.1. Company Overview 16.3.3.2. Type overview 16.3.3.3. SWOT Analysis 16.3.3.4. Key Developments 16.3.4. Jaffe Bros. Inc 16.3.4.1. Company Overview 16.3.4.2. Type overview 16.3.4.3. SWOT Analysis 16.3.4.4. Key Developments 16.3.5. The Hershey Company 16.3.5.1. Company Overview 16.3.5.2. Type overview 16.3.5.3. SWOT Analysis 16.3.5.4. Key Developments 16.3.6. The Bridge S.r.l. Kaslink Foods Oy Ltd. 16.3.6.1. Company Overview 16.3.6.2. Type overview 16.3.6.3. SWOT Analysis 16.3.6.4. Key Developments 16.3.7. Edward & Sons 16.3.7.1. Company Overview 16.3.7.2. Type overview 16.3.7.3. SWOT Analysis 16.3.7.4. Key Developments 16.3.8. Blue Diamond Growers, Inc. 16.3.8.1. Company Overview 16.3.8.2. Type overview 16.3.8.3. SWOT Analysis 16.3.8.4. Key Developments 16.3.9. Chef’s Choice Food Manufacturer Company Limited 16.3.9.1. Company Overview 16.3.9.2. Type overview 16.3.9.3. SWOT Analysis 16.3.9.4. Key Developments 16.3.10. Liwayway Holdings Company Limited 16.3.10.1. Company Overview 16.3.10.2. Type overview 16.3.10.3. SWOT Analysis 16.3.10.4. Key Developments 17. Assumptions and Acronyms Used 18. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Type, 2018 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2018 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Type, 2018 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 28: Latin America Market Value (US$ Mn) Analysis, by Type, 2018 to 2023
Table 29: Latin America Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 32: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 34: Latin America Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2023
Table 35: Latin America Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Europe Market Value (US$ Mn) Analysis, by Type, 2018 to 2023
Table 41: Europe Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 43: Europe Market Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 44: Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 46: Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2023
Table 47: Europe Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 52: East Asia Market Value (US$ Mn) Analysis, by Type, 2018 to 2023
Table 53: East Asia Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 55: East Asia Market Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 56: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 58: East Asia Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2023
Table 59: East Asia Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Type, 2018 to 2023
Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2023
Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 76: MEA Market Value (US$ Mn) Analysis, by Type, 2018 to 2023
Table 77: MEA Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 79: MEA Market Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 80: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 82: MEA Market Value (US$ Mn) Analysis, by Distribution Channel, 2018 to 2023
Table 83: MEA Market Value (US$ Mn) Analysis, by Distribution Channel, 2024 to 2034
Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by Distribution Channel, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Type, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Type, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Application, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Application, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 21: North America Market Share Analysis by Country, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Type, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Type, 2024 to 2034
Figure 27: North America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 40: Latin America Market Share and BPS Analysis by Type, 2024 & 2034
Figure 41: Latin America Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 42: Latin America Market Attractiveness Analysis by Type, 2024 to 2034
Figure 43: Latin America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 45: Latin America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 46: Latin America Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 48: Latin America Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 52: Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 53: Europe Market Share Analysis by Country, 2024 & 2034
Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 55: Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 56: Europe Market Share and BPS Analysis by Type, 2024 & 2034
Figure 57: Europe Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 58: Europe Market Attractiveness Analysis by Type, 2024 to 2034
Figure 59: Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 60: Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 61: Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 62: Europe Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 63: Europe Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 64: Europe Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 68: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 69: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 71: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 72: East Asia Market Share and BPS Analysis by Type, 2024 & 2034
Figure 73: East Asia Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 74: East Asia Market Attractiveness Analysis by Type, 2024 to 2034
Figure 75: East Asia Market Share and BPS Analysis by Application, 2024 & 2034
Figure 76: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 77: East Asia Market Attractiveness Analysis by Application, 2024 to 2034
Figure 78: East Asia Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 79: East Asia Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 80: East Asia Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2024 to 2034
Figure 85: South Asia & Oceania Market Share Analysis by Country, 2024 & 2034
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2024 to 2034
Figure 88: South Asia & Oceania Market Share and BPS Analysis by Type, 2024 & 2034
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Type, 2024 to 2034
Figure 91: South Asia & Oceania Market Share and BPS Analysis by Application, 2024 & 2034
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Application, 2024 to 2034
Figure 94: South Asia & Oceania Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 96: South Asia & Oceania Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 100: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 101: MEA Market Share Analysis by Country, 2024 & 2034
Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 103: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 104: MEA Market Share and BPS Analysis by Type, 2024 & 2034
Figure 105: MEA Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 106: MEA Market Attractiveness Analysis by Type, 2024 to 2034
Figure 107: MEA Market Share and BPS Analysis by Application, 2024 & 2034
Figure 108: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 109: MEA Market Attractiveness Analysis by Application, 2024 to 2034
Figure 110: MEA Market Share and BPS Analysis by Distribution Channel, 2024 & 2034
Figure 111: MEA Market Y-o-Y Growth Projections by Distribution Channel, 2024 to 2034
Figure 112: MEA Market Attractiveness Analysis by Distribution Channel, 2024 to 2034
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- FAQs -
How big is the plant-based milk powder market?
The global plant-based milk powder market is valued at US$ 425.3 million in 2024.
What are the estimated sales for plant-based milk powder in China?
Sales of plant-based milk powder in China are set to reach US$ 75.5 million in 2024.
What portion of the East Asia market does Japan account for?
Japan occupies a market share of 21.5% in 2024 in East Asia.
What is the demand projection for plant-based milk powder in the United States?
The market in the United States is forecasted to reach US$ 140.1 million by the end of 2034.
Which type of plant-based milk powder accounts for higher sales?
Almond milk powder is projected to account for 38.7% of overall product sales by 2034.
Plant-based Milk Powder Market