The Business Research Company’s Milk Substitutes (Nondairy Milk) Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Milk Substitutes (Nondairy Milk) Global Market Report 2023 evaluates milk substitutes (nondairy milk) market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global milk substitutes (non dairy milk) market will grow from $30.03 billion in 2022 to $34.27 billion in 2023 at a compound annual growth rate (CAGR) of 14.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global milk substitutes (non dairy milk) market is expected to grow to $58.6 billion in 2027 at a CAGR of 14.4%.
The milk substitutes (nondairy milk) market segments in the report are:
1) By Type: Soy Milk, Almond Milk, Rice Milk, Other Types
2) By Application: Food, Beverages
3) By Distribution Channel: Supermarkets, Hypermarkets, Convenience Stores, Specialty Stores, Online Retail Stores, Other Distribution Channels
4) By Formulation: Plain-Sweetened, Plain-Unsweetened, Flavored-Sweetened, Other Formulations
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The table of contents in TBRC’s milk substitutes (nondairy milk) market report includes:
1. Executive Summary
2. Milk Substitutes (Nondairy Milk) Market Characteristics
3. Milk Substitutes (Nondairy Milk) Market Trends And Strategies
4. Impact Of COVID-19 On Milk Substitutes (Nondairy Milk) Market
5. Milk Substitutes (Nondairy Milk) Market Size And Growth
27. Competitive Landscape And Company Profiles Of The Milk Substitutes (Nondairy Milk) Market
28. Key Mergers And Acquisitions Of The Milk Substitutes (Nondairy Milk) Market
29. Future Outlook and Potential Analysis Of The Milk Substitutes (Nondairy Milk) Market
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