North America Plant-Based Milk Market Thrives Amid Lactose Intolerance & Vegan Lifestyle Growth | Key Companies: Groupe Danone, Pacific Foods of Oregon, Inc., The Hain Celestial Group Inc., Turtle Mountain LLC

The new report on the Plant-Based Milk Market, published by DataM Intelligence provides a detailed analysis of market size, share, trends, and growth opportunities from 2024 to 2031. With comprehensive insights into industry dynamics, competitive landscape, and regional developments, this study helps businesses, investors, and stakeholders navigate the fast-evolving market landscape.

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Plant-based milk alternatives like oat, almond, soy, and pea-based milk continue to rise. The North American market was USD 12.4 Bn in 2024, forecasted at USD 18.7 Bn by 2031 (CAGR 6.5%), while the global market was USD 23 Bn in 2024, projected to hit USD 38 Bn by 2031. Recently, barista blends and fortified oat milks have been launched to serve the foodservice sector.

Latest Industry Update from North America and United States on Plant-Based Milk Market:

North America: Recent Industry Developments

✅ In July 2025, Califia Farms introduced a new oat and hemp milk blend across Canada. The launch enhances its clean-label offerings. It targets consumers seeking functional and sustainable dairy alternatives.

✅ In June 2025, SunOpta invested $150 million to expand its plant-based milk production facility in Minnesota. The expansion boosts oat, soy, and almond milk capacity. It strengthens supply for North American markets.

✅ In May 2025, Ripple Foods launched protein-rich pea milk in family packs. The innovation caters to households focused on high-nutrition dairy alternatives. It reinforces Ripple's leadership in plant-based innovation.

United States: Recent Industry Developments

✅ In July 2025, Silk (Danone North America) launched barista-style oat milk targeting cafés and restaurants. The product enhances frothing performance. It supports the foodservice industry's demand for plant-based beverages.

✅ In June 2025, Oatly invested $200 million to optimize its U.S. supply chain and distribution. The move ensures better availability of oat milk. It addresses rising consumer demand across retail and foodservice channels.

✅ In May 2025, Elmhurst 1925 introduced a new pistachio milk line. The launch highlights premium nut-based innovation. It differentiates Elmhurst's portfolio in the competitive U.S. market.

Plant-Based Milk Market Key Companies:

The report profiles leading players shaping the Plant-Based Milk Market, including:

Groupe Danone, Pacific Foods of Oregon, Inc., The Hain Celestial Group Inc., Turtle Mountain LLC, Vitasoy International Holdings Limited, Natura Foods, Sunopta Inc., Freedom Foods Group Ltd., Earth's Own Food Company Inc., Mc Cormick & Co., Goya Foods, an

These companies are adopting strategies such as product launches, mergers & acquisitions, and partnerships to expand their market footprint.

Growth Driver:

The plant-based milk market is witnessing strong growth due to rising lactose intolerance, vegan diets, and demand for sustainable alternatives. Almond, oat, and soy milk lead the category. Recent developments include Oatly expanding oat milk capacity in Europe and Nestlé launching pea-based milk under its Wunda brand, validating global adoption.

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Latest Industry Update from Europe and Japan on Plant-Based Milk Market:

Europe: Recent Industry Developments

✅ In July 2025, Alpro (Danone) introduced fortified almond milk with added omega-3s in Europe. The product supports cognitive and heart health. It strengthens Alpro's functional nutrition portfolio.

✅ In June 2025, Oatly announced the opening of a €250 million production facility in Germany. The expansion boosts oat milk supply across EU markets. It reflects strong regional demand for sustainable alternatives.

✅ In May 2025, Minor Figures launched a carbon-neutral oat milk for coffee professionals. The launch underscores the brand's sustainability commitments. It enhances its presence in the specialty coffee sector.

Japan: Recent Industry Developments

✅ In July 2025, Kikkoman launched a soy milk with added probiotics in Japan. The product promotes digestive health. It expands Kikkoman's functional food portfolio.

✅ In June 2025, Marusan-Ai invested in a new plant-based milk R&D center. The facility focuses on oat and rice milk innovations. It positions Marusan-Ai as a pioneer in Japanese dairy alternatives.

✅ In May 2025, Aeon introduced private-label almond and oat milk across its retail stores. The launch supports consumer demand for affordable plant-based options. It strengthens Aeon's retail-driven innovation strategy.
Comprehensive Market Segmentation:

The Plant-Based Milk Market has been segmented to provide a clear understanding of its structure and dynamics. The report categorizes the market by product type, application, end-user industry, and region, offering detailed insights into each segment's growth potential. This segmentation helps stakeholders identify key opportunities, evaluate demand patterns, and develop targeted strategies to strengthen their market position.

By Source (Soy Milk, Almond Milk, Coconut Milk, Rice Milk, Other), By Packaging (Bottles, Carton Packaging, Pouches), By Distribution Channel (Retail Stores, Online Sales, Specialty Stores, Other)

Regional Outlook Highlighting Growth:

• North America: Expected to dominate the Plant-Based Milk market due to high technology adoption and strong industry presence.
• Europe: Witnessing steady growth in Plant-Based Milk market, supported by sustainability initiatives and regulatory support.
• Asia-Pacific: Anticipated to be the fastest-growing region in the Plant-Based Milk Market, led by rising demand in China, India, and Japan.
• Latin America & Middle East/Africa: Emerging Plant-Based Milk markets offering untapped opportunities, particularly in Plant-Based Milk.

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FAQ
✅ What is the projected market outlook for plant-based milk globally?
✅ Which types (almond, soy, oat, coconut) are most in demand?
✅ Who are the leading companies in the plant-based milk industry?

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