openPR Logo
Press release

Innovation-Based Discernment To Drive The Plant Based Milk Market

Innovation-Based Discernment To Drive The Plant Based Milk

The global meat and dairy sector is currently going through an unprecedented level of competition and disruption, mainly driven by the growth of viable plant-based alternatives. Major plant-based products are evolving as the perfect substitutes for animal-based products, as they contain the relevant nutritional composition. Growing consumption of plant-based food has also led to the adoption of plant-based milk products.

Additionally, increasing popularity of soy milk, almond milk, and coconut milk is also flourishing the demand for plant-based milks. In developed countries, consumption of animal products places a heavy burden on the environment. This has resulted in an exponential rise in the consumption of plant-based food products. Moreover, consumers are also becoming more concerned regarding the discontented impact of animal-based products on the environment.

For instance, leading international organizations such as the WHO (World Health Organization), FAO (Food and Agriculture Organization of the United Nations), and IPCC (Intergovernmental Panel on Climate Change) all urge for a global shift to plant-based diets.

The global plant-based milk market has witnessed substantial growth over the past few years, and is estimated to rise at a steady CAGR of 4.5% during the forecast period.

Get Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/31413

Groupe Danone
The Hain Celestial Group Inc.
Vitasoy International Holdings Limited.
McCormick & Co.
Sunopta Inc
Pacific Foods of Oregon, Inc
Goya Foods
Blue Diamond Growers, Inc.
Califia Farms
Ripple Foods
Oatly
Sanitarium
Ecomil
Hiland Dairy
Natura Foods
Earth’s Own Food Company Inc
Edward & Sons
Chef’s Choice Food Manufacturer Company Limited
Liwayway Holdings Company Limited
The Bridge s.r.l.

Key Takeaways from Plant-based Milk Market Study

• By type, almond milk is projected to witness significant growth in the global plant-based milk market. The main reason is that it contains high fiber, calcium, vitamin, and other nutritional properties, which makes almond milk a premium health beneficial plant-based milk.
• By flavor, the chocolate segment is acquiring a higher market value share among all the segments, attributable to the higher consumption and popularity of chocolate flavor.
• Under the food & beverage industry segment of end use, the dairy & desserts sub-segment is witnessing a high market value share, owing to the high applicability of milk in dairy products.
• Retail sales of plant-based milk products are expected to experience substantial growth over the forecast period. Rising health-consciousness along with growing consumer shift toward plant-based diets are some of the key factors that are positively impacting this growth.

“Manufactures in the plant-based milk market could gain extensive profits by offering their products to foodservice providers along with household/retail, due to the expected increase in the use of plant-based milk in the HoReCa sector and institutional catering. Moreover, increasing retail sales of plant-based milk is another growth factor aiding market growth. However, the growing impact of COVID-19 on various industries is expected to have a moderate impact on the plant-based milk market in the short term,” says a PMR analyst.

Request for Methodology@ https://www.persistencemarketresearch.com/methodology/31413

Plant-based Milk Market: Competitive Landscape

The plant-based milk market is fragmented in nature. Companies are offering plant-based milk products with diverse flavors and varieties to customers. With the utilization of advanced ingredients and state-of-the-art manufacturing techniques, companies are providing pioneering solutions in regards with plant-based milk.
Explore More Valuable Insights on Global Plant-based Milk Market

Persistence Market Research, in its new report, offers an impartial analysis of the global plant-based milk market, presenting historical data (2015-2019) and estimation statistics for the forecast period of 2020-2030. The study offers compelling insights on the plant-based milk market based type (soy, almond, coconut, rice, oat, and others), end use (food & beverage industry, retail/household, and foodservice industry), flavor (original/unflavored and flavored), and distribution channel (business to business and business to consumer), across five regions.

Access Full Report@ https://www.persistencemarketresearch.com/checkout/31413

Related Reports:

Coconut Milk Market - https://www.persistencemarketresearch.com/market-research/coconut-milk-market.asp

Plant Based Beverage Market - https://www.persistencemarketresearch.com/market-research/plant-based-beverage-market.asp

Contact Us:

Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
Website – https://www.persistencemarketresearch.com

About Us:

Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Innovation-Based Discernment To Drive The Plant Based Milk Market here

News-ID: 2423575 • Views:

More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by Sustainability and Supply Chain Efficiency
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Growth - Persistence Market Research
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Healthcare Demand
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained

All 5 Releases


More Releases for Food

Food Ultrasound Market Food Ultrasound Market
According to a new report by InsightAce Analytic, the "Food Ultrasound Market" in terms of revenue was estimated to be worth $156.24 Mn in 2023 and is poised to reach $310.45 Mn by 2031, growing at a CAGR of 9.14% from 2024 to 2031. Request For Free Sample Pages: https://www.insightaceanalytic.com/request-sample/1551 Latest Drivers Restraint and Opportunities Market Snapshot: Key factors influencing the global Food Ultrasound Market are: • Food Safety and Quality Assurance. • Increasing Consumer
Prepared Food Market To Witness Huge Growth By 2028 | HSL Food, HelloFresh, Syne …
The Latest survey report on Prepared Food Market sheds lights on changing dynamics in Food & Beverages Sector and elaborates market size and growth pattern of each of Prepared Food segments. As the shift to value continues, the producers are tackling challenges to personalized nutrition and match taste profiles. A wide list of manufactuerers were considered in the survey; to include mix bag of leaders and emerging manufacturers for company
Cookies for Food Services Market Is Booming Worldwide | Finsbury Food Group, Mon …
Cookies for Food Services Market: The extensive research on Cookies for Food Services Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on Cookies for Food Services Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on the
Global Sports Food Market By Type (Protein Sports Food, Energy Sports Food, Misc …
The Global Sports Food Market 2020 report implement in-depth research of the industry with a focus on the current market trends future prospects. The Global Sports Food Market report aims to provide an overview of Sports Food Market players with detailed market segmentation by product, application and geographical region. It also provides market share and size, revenue forecast, growth opportunity. The most recent trending report Worldwide Sports Food Market Economy
Global Packed Food Market 2018 Analysis By Key Players – JBS Food, Kraft Food, …
Summary WiseGuyReports.com adds “Packed Food Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database. This report provides in depth study of “Packed Food Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Packed Food Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as
Pet Food Market (By Food Type, By Animal Type, By Region, By Country) of Food Ty …
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of global pet food market on the basis of Food Type (Dry, Wet, Snacks, Mixers); Animal Type (Dog Food, Cat Food, Fish Food, Others), By Region (North America, Europe, APAC, ROW) and By Country (U.S.A, Canada, UK, Germany, Japan, India, China, France). Global Pet Food