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Global Milk Substitutes Market Research Report 2025
Published Date: September 2025
|
Report Code: QYRE-Auto-10A2163
Home | Market Reports | Food & Drink| Food
Global Milk Substitutes Market Insights and Forecast to 2028
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Global Milk Substitutes Market Research Report 2025

Code: QYRE-Auto-10A2163
Report
September 2025
Pages:126
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
FrieslandCampina
DEK(Grandos)
DMK(TURM-Sahne GmbH)
Cocomi
Caribbean
Maggi
Fiesta
Renuka
Cocos
Qbb
Thai-Choice
Ayam
Caprimo
Super Group
Yearrakarn
Custom Food Group
PT. Santos Premium Krimer
PT Aloe Vera
Suzhou Jiahe Foods Industry
Wenhui Food
Bigtree Group
Zhucheng Dongxiao Biotechnology
Jiangxi Weirbao Food Biotechnology
Hubei Hong Yuan Food
Fujian Jumbo Grand Food
Shandong Tianmei Bio
Amrut International

Milk Substitutes Market Size

The global market for Milk Substitutes was valued at US$ 14950 million in the year 2024 and is projected to reach a revised size of US$ 26760 million by 2031, growing at a CAGR of 8.8% during the forecast period.

Milk Substitutes Market

Milk Substitutes Market

Milk Substitute Materials are extracts from sources such as soy, almonds, coconuts, oats, rice is a best alternative for dairy milk and other animal milk present in the market. Due to its high nutritional values and rich in vitamins, minerals, carbohydrates and proteins plant milk is widely accepted among consumers. It has various applications in food and beverage, dairy industry.
Danone and Blue Diamond Growers are the top 2 manufacturers of milk substitute materials globally and account for over 20% of global market share in total. Geographically speaking, Asia-Pacific holds over 40% of global market share. In terms of raw material, soy and almond hold over half of total market share. In terms of end use, direct drink segment accounts for over 60% of total market share.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Milk Substitutes, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Milk Substitutes.
The Milk Substitutes market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Milk Substitutes market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Milk Substitutes manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Scope of Milk Substitutes Market Report

Report Metric Details
Report Name Milk Substitutes Market
Accounted market size in year US$ 14950 million
Forecasted market size in 2031 US$ 26760 million
CAGR 8.8%
Base Year year
Forecasted years 2025 - 2031
Segment by Type
  • Coffee Creamers
  • Coconut Milk
  • Other
Segment by Application
  • Drinks
  • Food
  • Other
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company FrieslandCampina, DEK(Grandos), DMK(TURM-Sahne GmbH), Cocomi, Caribbean, Maggi, Fiesta, Renuka, Cocos, Qbb, Thai-Choice, Ayam, Caprimo, Super Group, Yearrakarn, Custom Food Group, PT. Santos Premium Krimer, PT Aloe Vera, Suzhou Jiahe Foods Industry, Wenhui Food, Bigtree Group, Zhucheng Dongxiao Biotechnology, Jiangxi Weirbao Food Biotechnology, Hubei Hong Yuan Food, Fujian Jumbo Grand Food, Shandong Tianmei Bio, Amrut International
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Core Chapters

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Detailed analysis of Milk Substitutes manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Sales, revenue of Milk Substitutes in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
  • Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 9: The main points and conclusions of the report. 

FAQ for this report

How fast is Milk Substitutes Market growing?

Ans: The Milk Substitutes Market witnessing a CAGR of 8.8% during the forecast period 2025-2031.

What is the Milk Substitutes Market size in 2031?

Ans: The Milk Substitutes Market size in 2031 will be US$ 26760 million.

What is the market share of major companies in Milk Substitutes Market?

Ans: Danone and Blue Diamond Growers are the top 2 manufacturers of milk substitute materials globally and account for over 20% of global market share in total.

What is the Milk Substitutes Market share by region?

Ans: Geographically speaking, Asia-Pacific holds over 40% of global market share.

Who are the main players in the Milk Substitutes Market report?

Ans: The main players in the Milk Substitutes Market are FrieslandCampina, DEK(Grandos), DMK(TURM-Sahne GmbH), Cocomi, Caribbean, Maggi, Fiesta, Renuka, Cocos, Qbb, Thai-Choice, Ayam, Caprimo, Super Group, Yearrakarn, Custom Food Group, PT. Santos Premium Krimer, PT Aloe Vera, Suzhou Jiahe Foods Industry, Wenhui Food, Bigtree Group, Zhucheng Dongxiao Biotechnology, Jiangxi Weirbao Food Biotechnology, Hubei Hong Yuan Food, Fujian Jumbo Grand Food, Shandong Tianmei Bio, Amrut International

What are the Application segmentation covered in the Milk Substitutes Market report?

Ans: The Applications covered in the Milk Substitutes Market report are Drinks, Food, Other

What are the Type segmentation covered in the Milk Substitutes Market report?

Ans: The Types covered in the Milk Substitutes Market report are Coffee Creamers, Coconut Milk, Other

1 Milk Substitutes Market Overview
1.1 Product Definition
1.2 Milk Substitutes by Type
1.2.1 Global Milk Substitutes Market Value Comparison by Type (2024 VS 2031)
1.2.2 Coffee Creamers
1.2.3 Coconut Milk
1.2.4 Other
1.3 Milk Substitutes by Application
1.3.1 Global Milk Substitutes Market Value by Application (2024 VS 2031)
1.3.2 Drinks
1.3.3 Food
1.3.4 Other
1.4 Global Milk Substitutes Market Size Estimates and Forecasts
1.4.1 Global Milk Substitutes Revenue 2020-2031
1.4.2 Global Milk Substitutes Sales 2020-2031
1.4.3 Global Milk Substitutes Market Average Price (2020-2031)
1.5 Assumptions and Limitations
2 Milk Substitutes Market Competition by Manufacturers
2.1 Global Milk Substitutes Sales Market Share by Manufacturers (2020-2025)
2.2 Global Milk Substitutes Revenue Market Share by Manufacturers (2020-2025)
2.3 Global Milk Substitutes Average Price by Manufacturers (2020-2025)
2.4 Global Key Players of Milk Substitutes, Industry Ranking, 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Milk Substitutes, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Milk Substitutes, Product Type & Application
2.7 Global Key Manufacturers of Milk Substitutes, Date of Enter into This Industry
2.8 Global Milk Substitutes Market Competitive Situation and Trends
2.8.1 Global Milk Substitutes Market Concentration Rate
2.8.2 The Global 5 and 10 Largest Milk Substitutes Players Market Share by Revenue
2.8.3 Global Milk Substitutes Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.9 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Global Milk Substitutes Market Scenario by Region
3.1 Global Milk Substitutes Market Size by Region: 2020 Versus 2024 Versus 2031
3.2 Global Milk Substitutes Sales by Region: 2020-2031
3.2.1 Global Milk Substitutes Sales by Region: 2020-2025
3.2.2 Global Milk Substitutes Sales by Region: 2026-2031
3.3 Global Milk Substitutes Revenue by Region: 2020-2031
3.3.1 Global Milk Substitutes Revenue by Region: 2020-2025
3.3.2 Global Milk Substitutes Revenue by Region: 2026-2031
3.4 North America Milk Substitutes Market Facts & Figures by Country
3.4.1 North America Milk Substitutes Market Size by Country: 2020 VS 2024 VS 2031
3.4.2 North America Milk Substitutes Sales by Country (2020-2031)
3.4.3 North America Milk Substitutes Revenue by Country (2020-2031)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Milk Substitutes Market Facts & Figures by Country
3.5.1 Europe Milk Substitutes Market Size by Country: 2020 VS 2024 VS 2031
3.5.2 Europe Milk Substitutes Sales by Country (2020-2031)
3.5.3 Europe Milk Substitutes Revenue by Country (2020-2031)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Milk Substitutes Market Facts & Figures by Region
3.6.1 Asia Pacific Milk Substitutes Market Size by Region: 2020 VS 2024 VS 2031
3.6.2 Asia Pacific Milk Substitutes Sales by Region (2020-2031)
3.6.3 Asia Pacific Milk Substitutes Revenue by Region (2020-2031)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Milk Substitutes Market Facts & Figures by Country
3.7.1 Latin America Milk Substitutes Market Size by Country: 2020 VS 2024 VS 2031
3.7.2 Latin America Milk Substitutes Sales by Country (2020-2031)
3.7.3 Latin America Milk Substitutes Revenue by Country (2020-2031)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Milk Substitutes Market Facts & Figures by Country
3.8.1 Middle East and Africa Milk Substitutes Market Size by Country: 2020 VS 2024 VS 2031
3.8.2 Middle East and Africa Milk Substitutes Sales by Country (2020-2031)
3.8.3 Middle East and Africa Milk Substitutes Revenue by Country (2020-2031)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Milk Substitutes Sales by Type (2020-2031)
4.1.1 Global Milk Substitutes Sales by Type (2020-2025)
4.1.2 Global Milk Substitutes Sales by Type (2026-2031)
4.1.3 Global Milk Substitutes Sales Market Share by Type (2020-2031)
4.2 Global Milk Substitutes Revenue by Type (2020-2031)
4.2.1 Global Milk Substitutes Revenue by Type (2020-2025)
4.2.2 Global Milk Substitutes Revenue by Type (2026-2031)
4.2.3 Global Milk Substitutes Revenue Market Share by Type (2020-2031)
4.3 Global Milk Substitutes Price by Type (2020-2031)
5 Segment by Application
5.1 Global Milk Substitutes Sales by Application (2020-2031)
5.1.1 Global Milk Substitutes Sales by Application (2020-2025)
5.1.2 Global Milk Substitutes Sales by Application (2026-2031)
5.1.3 Global Milk Substitutes Sales Market Share by Application (2020-2031)
5.2 Global Milk Substitutes Revenue by Application (2020-2031)
5.2.1 Global Milk Substitutes Revenue by Application (2020-2025)
5.2.2 Global Milk Substitutes Revenue by Application (2026-2031)
5.2.3 Global Milk Substitutes Revenue Market Share by Application (2020-2031)
5.3 Global Milk Substitutes Price by Application (2020-2031)
6 Key Companies Profiled
6.1 FrieslandCampina
6.1.1 FrieslandCampina Company Information
6.1.2 FrieslandCampina Description and Business Overview
6.1.3 FrieslandCampina Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.1.4 FrieslandCampina Milk Substitutes Product Portfolio
6.1.5 FrieslandCampina Recent Developments/Updates
6.2 DEK(Grandos)
6.2.1 DEK(Grandos) Company Information
6.2.2 DEK(Grandos) Description and Business Overview
6.2.3 DEK(Grandos) Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.2.4 DEK(Grandos) Milk Substitutes Product Portfolio
6.2.5 DEK(Grandos) Recent Developments/Updates
6.3 DMK(TURM-Sahne GmbH)
6.3.1 DMK(TURM-Sahne GmbH) Company Information
6.3.2 DMK(TURM-Sahne GmbH) Description and Business Overview
6.3.3 DMK(TURM-Sahne GmbH) Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.3.4 DMK(TURM-Sahne GmbH) Milk Substitutes Product Portfolio
6.3.5 DMK(TURM-Sahne GmbH) Recent Developments/Updates
6.4 Cocomi
6.4.1 Cocomi Company Information
6.4.2 Cocomi Description and Business Overview
6.4.3 Cocomi Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.4.4 Cocomi Milk Substitutes Product Portfolio
6.4.5 Cocomi Recent Developments/Updates
6.5 Caribbean
6.5.1 Caribbean Company Information
6.5.2 Caribbean Description and Business Overview
6.5.3 Caribbean Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.5.4 Caribbean Milk Substitutes Product Portfolio
6.5.5 Caribbean Recent Developments/Updates
6.6 Maggi
6.6.1 Maggi Company Information
6.6.2 Maggi Description and Business Overview
6.6.3 Maggi Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.6.4 Maggi Milk Substitutes Product Portfolio
6.6.5 Maggi Recent Developments/Updates
6.7 Fiesta
6.7.1 Fiesta Company Information
6.7.2 Fiesta Description and Business Overview
6.7.3 Fiesta Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.7.4 Fiesta Milk Substitutes Product Portfolio
6.7.5 Fiesta Recent Developments/Updates
6.8 Renuka
6.8.1 Renuka Company Information
6.8.2 Renuka Description and Business Overview
6.8.3 Renuka Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.8.4 Renuka Milk Substitutes Product Portfolio
6.8.5 Renuka Recent Developments/Updates
6.9 Cocos
6.9.1 Cocos Company Information
6.9.2 Cocos Description and Business Overview
6.9.3 Cocos Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.9.4 Cocos Milk Substitutes Product Portfolio
6.9.5 Cocos Recent Developments/Updates
6.10 Qbb
6.10.1 Qbb Company Information
6.10.2 Qbb Description and Business Overview
6.10.3 Qbb Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.10.4 Qbb Milk Substitutes Product Portfolio
6.10.5 Qbb Recent Developments/Updates
6.11 Thai-Choice
6.11.1 Thai-Choice Company Information
6.11.2 Thai-Choice Description and Business Overview
6.11.3 Thai-Choice Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.11.4 Thai-Choice Milk Substitutes Product Portfolio
6.11.5 Thai-Choice Recent Developments/Updates
6.12 Ayam
6.12.1 Ayam Company Information
6.12.2 Ayam Description and Business Overview
6.12.3 Ayam Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.12.4 Ayam Milk Substitutes Product Portfolio
6.12.5 Ayam Recent Developments/Updates
6.13 Caprimo
6.13.1 Caprimo Company Information
6.13.2 Caprimo Description and Business Overview
6.13.3 Caprimo Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.13.4 Caprimo Milk Substitutes Product Portfolio
6.13.5 Caprimo Recent Developments/Updates
6.14 Super Group
6.14.1 Super Group Company Information
6.14.2 Super Group Description and Business Overview
6.14.3 Super Group Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.14.4 Super Group Milk Substitutes Product Portfolio
6.14.5 Super Group Recent Developments/Updates
6.15 Yearrakarn
6.15.1 Yearrakarn Company Information
6.15.2 Yearrakarn Description and Business Overview
6.15.3 Yearrakarn Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.15.4 Yearrakarn Milk Substitutes Product Portfolio
6.15.5 Yearrakarn Recent Developments/Updates
6.16 Custom Food Group
6.16.1 Custom Food Group Company Information
6.16.2 Custom Food Group Description and Business Overview
6.16.3 Custom Food Group Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.16.4 Custom Food Group Milk Substitutes Product Portfolio
6.16.5 Custom Food Group Recent Developments/Updates
6.17 PT. Santos Premium Krimer
6.17.1 PT. Santos Premium Krimer Company Information
6.17.2 PT. Santos Premium Krimer Description and Business Overview
6.17.3 PT. Santos Premium Krimer Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.17.4 PT. Santos Premium Krimer Milk Substitutes Product Portfolio
6.17.5 PT. Santos Premium Krimer Recent Developments/Updates
6.18 PT Aloe Vera
6.18.1 PT Aloe Vera Company Information
6.18.2 PT Aloe Vera Description and Business Overview
6.18.3 PT Aloe Vera Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.18.4 PT Aloe Vera Milk Substitutes Product Portfolio
6.18.5 PT Aloe Vera Recent Developments/Updates
6.19 Suzhou Jiahe Foods Industry
6.19.1 Suzhou Jiahe Foods Industry Company Information
6.19.2 Suzhou Jiahe Foods Industry Description and Business Overview
6.19.3 Suzhou Jiahe Foods Industry Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.19.4 Suzhou Jiahe Foods Industry Milk Substitutes Product Portfolio
6.19.5 Suzhou Jiahe Foods Industry Recent Developments/Updates
6.20 Wenhui Food
6.20.1 Wenhui Food Company Information
6.20.2 Wenhui Food Description and Business Overview
6.20.3 Wenhui Food Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.20.4 Wenhui Food Milk Substitutes Product Portfolio
6.20.5 Wenhui Food Recent Developments/Updates
6.21 Bigtree Group
6.21.1 Bigtree Group Company Information
6.21.2 Bigtree Group Description and Business Overview
6.21.3 Bigtree Group Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.21.4 Bigtree Group Milk Substitutes Product Portfolio
6.21.5 Bigtree Group Recent Developments/Updates
6.22 Zhucheng Dongxiao Biotechnology
6.22.1 Zhucheng Dongxiao Biotechnology Company Information
6.22.2 Zhucheng Dongxiao Biotechnology Description and Business Overview
6.22.3 Zhucheng Dongxiao Biotechnology Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.22.4 Zhucheng Dongxiao Biotechnology Milk Substitutes Product Portfolio
6.22.5 Zhucheng Dongxiao Biotechnology Recent Developments/Updates
6.23 Jiangxi Weirbao Food Biotechnology
6.23.1 Jiangxi Weirbao Food Biotechnology Company Information
6.23.2 Jiangxi Weirbao Food Biotechnology Description and Business Overview
6.23.3 Jiangxi Weirbao Food Biotechnology Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.23.4 Jiangxi Weirbao Food Biotechnology Milk Substitutes Product Portfolio
6.23.5 Jiangxi Weirbao Food Biotechnology Recent Developments/Updates
6.24 Hubei Hong Yuan Food
6.24.1 Hubei Hong Yuan Food Company Information
6.24.2 Hubei Hong Yuan Food Description and Business Overview
6.24.3 Hubei Hong Yuan Food Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.24.4 Hubei Hong Yuan Food Milk Substitutes Product Portfolio
6.24.5 Hubei Hong Yuan Food Recent Developments/Updates
6.25 Fujian Jumbo Grand Food
6.25.1 Fujian Jumbo Grand Food Company Information
6.25.2 Fujian Jumbo Grand Food Description and Business Overview
6.25.3 Fujian Jumbo Grand Food Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.25.4 Fujian Jumbo Grand Food Milk Substitutes Product Portfolio
6.25.5 Fujian Jumbo Grand Food Recent Developments/Updates
6.26 Shandong Tianmei Bio
6.26.1 Shandong Tianmei Bio Company Information
6.26.2 Shandong Tianmei Bio Description and Business Overview
6.26.3 Shandong Tianmei Bio Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.26.4 Shandong Tianmei Bio Milk Substitutes Product Portfolio
6.26.5 Shandong Tianmei Bio Recent Developments/Updates
6.27 Amrut International
6.27.1 Amrut International Company Information
6.27.2 Amrut International Description and Business Overview
6.27.3 Amrut International Milk Substitutes Sales, Revenue and Gross Margin (2020-2025)
6.27.4 Amrut International Milk Substitutes Product Portfolio
6.27.5 Amrut International Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Milk Substitutes Industry Chain Analysis
7.2 Milk Substitutes Raw Material Supply Analysis
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Milk Substitutes Production Mode & Process Analysis
7.4 Milk Substitutes Sales and Marketing
7.4.1 Milk Substitutes Sales Channels
7.4.2 Milk Substitutes Distributors
7.5 Milk Substitutes Customer Analysis
8 Milk Substitutes Market Dynamics
8.1 Milk Substitutes Industry Trends
8.2 Milk Substitutes Market Drivers
8.3 Milk Substitutes Market Challenges
8.4 Milk Substitutes Market Restraints
9 Research Findings and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
FEATURED COMPANIES
FrieslandCampina
DEK(Grandos)
DMK(TURM-Sahne GmbH)
Cocomi
Caribbean
Maggi
Fiesta
Renuka
Cocos
Qbb
Thai-Choice
Ayam
Caprimo
Super Group
Yearrakarn
Custom Food Group
PT. Santos Premium Krimer
PT Aloe Vera
Suzhou Jiahe Foods Industry
Wenhui Food
Bigtree Group
Zhucheng Dongxiao Biotechnology
Jiangxi Weirbao Food Biotechnology
Hubei Hong Yuan Food
Fujian Jumbo Grand Food
Shandong Tianmei Bio
Amrut International
List of Tables
 Table 1. Global Milk Substitutes Market Value Comparison by Type (2024 VS 2031) & (US$ Million)
 Table 2. Global Milk Substitutes Market Value by Application (2024 VS 2031) & (US$ Million)
 Table 3. Global Milk Substitutes Market Competitive Situation by Manufacturers in 2024
 Table 4. Global Milk Substitutes Sales (MT) of Key Manufacturers (2020-2025)
 Table 5. Global Milk Substitutes Sales Market Share by Manufacturers (2020-2025)
 Table 6. Global Milk Substitutes Revenue (US$ Million) by Manufacturers (2020-2025)
 Table 7. Global Milk Substitutes Revenue Share by Manufacturers (2020-2025)
 Table 8. Global Market Milk Substitutes Average Price (USD/MT) of Key Manufacturers (2020-2025)
 Table 9. Global Key Players of Milk Substitutes, Industry Ranking, 2022 VS 2023 VS 2024
 Table 10. Global Key Manufacturers of Milk Substitutes, Manufacturing Sites & Headquarters
 Table 11. Global Key Manufacturers of Milk Substitutes, Product Type & Application
 Table 12. Global Key Manufacturers of Milk Substitutes, Date of Enter into This Industry
 Table 13. Global Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 14. Global Milk Substitutes by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Milk Substitutes as of 2024)
 Table 15. Manufacturers Mergers & Acquisitions, Expansion Plans
 Table 16. Global Milk Substitutes Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 17. Global Milk Substitutes Sales by Region (2020-2025) & (MT)
 Table 18. Global Milk Substitutes Sales Market Share by Region (2020-2025)
 Table 19. Global Milk Substitutes Sales by Region (2026-2031) & (MT)
 Table 20. Global Milk Substitutes Sales Market Share by Region (2026-2031)
 Table 21. Global Milk Substitutes Revenue by Region (2020-2025) & (US$ Million)
 Table 22. Global Milk Substitutes Revenue Market Share by Region (2020-2025)
 Table 23. Global Milk Substitutes Revenue by Region (2026-2031) & (US$ Million)
 Table 24. Global Milk Substitutes Revenue Market Share by Region (2026-2031)
 Table 25. North America Milk Substitutes Revenue by Country: 2020 VS 2024 VS 2031 (US$ Million)
 Table 26. North America Milk Substitutes Sales by Country (2020-2025) & (MT)
 Table 27. North America Milk Substitutes Sales by Country (2026-2031) & (MT)
 Table 28. North America Milk Substitutes Revenue by Country (2020-2025) & (US$ Million)
 Table 29. North America Milk Substitutes Revenue by Country (2026-2031) & (US$ Million)
 Table 30. Europe Milk Substitutes Revenue by Country: 2020 VS 2024 VS 2031 (US$ Million)
 Table 31. Europe Milk Substitutes Sales by Country (2020-2025) & (MT)
 Table 32. Europe Milk Substitutes Sales by Country (2026-2031) & (MT)
 Table 33. Europe Milk Substitutes Revenue by Country (2020-2025) & (US$ Million)
 Table 34. Europe Milk Substitutes Revenue by Country (2026-2031) & (US$ Million)
 Table 35. Asia Pacific Milk Substitutes Revenue by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 36. Asia Pacific Milk Substitutes Sales by Region (2020-2025) & (MT)
 Table 37. Asia Pacific Milk Substitutes Sales by Region (2026-2031) & (MT)
 Table 38. Asia Pacific Milk Substitutes Revenue by Region (2020-2025) & (US$ Million)
 Table 39. Asia Pacific Milk Substitutes Revenue by Region (2026-2031) & (US$ Million)
 Table 40. Latin America Milk Substitutes Revenue by Country: 2020 VS 2024 VS 2031 (US$ Million)
 Table 41. Latin America Milk Substitutes Sales by Country (2020-2025) & (MT)
 Table 42. Latin America Milk Substitutes Sales by Country (2026-2031) & (MT)
 Table 43. Latin America Milk Substitutes Revenue by Country (2020-2025) & (US$ Million)
 Table 44. Latin America Milk Substitutes Revenue by Country (2026-2031) & (US$ Million)
 Table 45. Middle East and Africa Milk Substitutes Revenue by Country: 2020 VS 2024 VS 2031 (US$ Million)
 Table 46. Middle East and Africa Milk Substitutes Sales by Country (2020-2025) & (MT)
 Table 47. Middle East and Africa Milk Substitutes Sales by Country (2026-2031) & (MT)
 Table 48. Middle East and Africa Milk Substitutes Revenue by Country (2020-2025) & (US$ Million)
 Table 49. Middle East and Africa Milk Substitutes Revenue by Country (2026-2031) & (US$ Million)
 Table 50. Global Milk Substitutes Sales (MT) by Type (2020-2025)
 Table 51. Global Milk Substitutes Sales (MT) by Type (2026-2031)
 Table 52. Global Milk Substitutes Sales Market Share by Type (2020-2025)
 Table 53. Global Milk Substitutes Sales Market Share by Type (2026-2031)
 Table 54. Global Milk Substitutes Revenue (US$ Million) by Type (2020-2025)
 Table 55. Global Milk Substitutes Revenue (US$ Million) by Type (2026-2031)
 Table 56. Global Milk Substitutes Revenue Market Share by Type (2020-2025)
 Table 57. Global Milk Substitutes Revenue Market Share by Type (2026-2031)
 Table 58. Global Milk Substitutes Price (USD/MT) by Type (2020-2025)
 Table 59. Global Milk Substitutes Price (USD/MT) by Type (2026-2031)
 Table 60. Global Milk Substitutes Sales (MT) by Application (2020-2025)
 Table 61. Global Milk Substitutes Sales (MT) by Application (2026-2031)
 Table 62. Global Milk Substitutes Sales Market Share by Application (2020-2025)
 Table 63. Global Milk Substitutes Sales Market Share by Application (2026-2031)
 Table 64. Global Milk Substitutes Revenue (US$ Million) by Application (2020-2025)
 Table 65. Global Milk Substitutes Revenue (US$ Million) by Application (2026-2031)
 Table 66. Global Milk Substitutes Revenue Market Share by Application (2020-2025)
 Table 67. Global Milk Substitutes Revenue Market Share by Application (2026-2031)
 Table 68. Global Milk Substitutes Price (USD/MT) by Application (2020-2025)
 Table 69. Global Milk Substitutes Price (USD/MT) by Application (2026-2031)
 Table 70. FrieslandCampina Company Information
 Table 71. FrieslandCampina Description and Business Overview
 Table 72. FrieslandCampina Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 73. FrieslandCampina Milk Substitutes Product
 Table 74. FrieslandCampina Recent Developments/Updates
 Table 75. DEK(Grandos) Company Information
 Table 76. DEK(Grandos) Description and Business Overview
 Table 77. DEK(Grandos) Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 78. DEK(Grandos) Milk Substitutes Product
 Table 79. DEK(Grandos) Recent Developments/Updates
 Table 80. DMK(TURM-Sahne GmbH) Company Information
 Table 81. DMK(TURM-Sahne GmbH) Description and Business Overview
 Table 82. DMK(TURM-Sahne GmbH) Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 83. DMK(TURM-Sahne GmbH) Milk Substitutes Product
 Table 84. DMK(TURM-Sahne GmbH) Recent Developments/Updates
 Table 85. Cocomi Company Information
 Table 86. Cocomi Description and Business Overview
 Table 87. Cocomi Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 88. Cocomi Milk Substitutes Product
 Table 89. Cocomi Recent Developments/Updates
 Table 90. Caribbean Company Information
 Table 91. Caribbean Description and Business Overview
 Table 92. Caribbean Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 93. Caribbean Milk Substitutes Product
 Table 94. Caribbean Recent Developments/Updates
 Table 95. Maggi Company Information
 Table 96. Maggi Description and Business Overview
 Table 97. Maggi Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 98. Maggi Milk Substitutes Product
 Table 99. Maggi Recent Developments/Updates
 Table 100. Fiesta Company Information
 Table 101. Fiesta Description and Business Overview
 Table 102. Fiesta Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 103. Fiesta Milk Substitutes Product
 Table 104. Fiesta Recent Developments/Updates
 Table 105. Renuka Company Information
 Table 106. Renuka Description and Business Overview
 Table 107. Renuka Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 108. Renuka Milk Substitutes Product
 Table 109. Renuka Recent Developments/Updates
 Table 110. Cocos Company Information
 Table 111. Cocos Description and Business Overview
 Table 112. Cocos Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 113. Cocos Milk Substitutes Product
 Table 114. Cocos Recent Developments/Updates
 Table 115. Qbb Company Information
 Table 116. Qbb Description and Business Overview
 Table 117. Qbb Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 118. Qbb Milk Substitutes Product
 Table 119. Qbb Recent Developments/Updates
 Table 120. Thai-Choice Company Information
 Table 121. Thai-Choice Description and Business Overview
 Table 122. Thai-Choice Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 123. Thai-Choice Milk Substitutes Product
 Table 124. Thai-Choice Recent Developments/Updates
 Table 125. Ayam Company Information
 Table 126. Ayam Description and Business Overview
 Table 127. Ayam Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 128. Ayam Milk Substitutes Product
 Table 129. Ayam Recent Developments/Updates
 Table 130. Caprimo Company Information
 Table 131. Caprimo Description and Business Overview
 Table 132. Caprimo Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 133. Caprimo Milk Substitutes Product
 Table 134. Caprimo Recent Developments/Updates
 Table 135. Super Group Company Information
 Table 136. Super Group Description and Business Overview
 Table 137. Super Group Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 138. Super Group Milk Substitutes Product
 Table 139. Super Group Recent Developments/Updates
 Table 140. Yearrakarn Company Information
 Table 141. Yearrakarn Description and Business Overview
 Table 142. Yearrakarn Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 143. Yearrakarn Milk Substitutes Product
 Table 144. Yearrakarn Recent Developments/Updates
 Table 145. Custom Food Group Company Information
 Table 146. Custom Food Group Description and Business Overview
 Table 147. Custom Food Group Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 148. Custom Food Group Milk Substitutes Product
 Table 149. Custom Food Group Recent Developments/Updates
 Table 150. PT. Santos Premium Krimer Company Information
 Table 151. PT. Santos Premium Krimer Description and Business Overview
 Table 152. PT. Santos Premium Krimer Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 153. PT. Santos Premium Krimer Milk Substitutes Product
 Table 154. PT. Santos Premium Krimer Recent Developments/Updates
 Table 155. PT Aloe Vera Company Information
 Table 156. PT Aloe Vera Description and Business Overview
 Table 157. PT Aloe Vera Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 158. PT Aloe Vera Milk Substitutes Product
 Table 159. PT Aloe Vera Recent Developments/Updates
 Table 160. Suzhou Jiahe Foods Industry Company Information
 Table 161. Suzhou Jiahe Foods Industry Description and Business Overview
 Table 162. Suzhou Jiahe Foods Industry Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 163. Suzhou Jiahe Foods Industry Milk Substitutes Product
 Table 164. Suzhou Jiahe Foods Industry Recent Developments/Updates
 Table 165. Wenhui Food Company Information
 Table 166. Wenhui Food Description and Business Overview
 Table 167. Wenhui Food Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 168. Wenhui Food Milk Substitutes Product
 Table 169. Wenhui Food Recent Developments/Updates
 Table 170. Bigtree Group Company Information
 Table 171. Bigtree Group Description and Business Overview
 Table 172. Bigtree Group Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 173. Bigtree Group Milk Substitutes Product
 Table 174. Bigtree Group Recent Developments/Updates
 Table 175. Zhucheng Dongxiao Biotechnology Company Information
 Table 176. Zhucheng Dongxiao Biotechnology Description and Business Overview
 Table 177. Zhucheng Dongxiao Biotechnology Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 178. Zhucheng Dongxiao Biotechnology Milk Substitutes Product
 Table 179. Zhucheng Dongxiao Biotechnology Recent Developments/Updates
 Table 180. Jiangxi Weirbao Food Biotechnology Company Information
 Table 181. Jiangxi Weirbao Food Biotechnology Description and Business Overview
 Table 182. Jiangxi Weirbao Food Biotechnology Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 183. Jiangxi Weirbao Food Biotechnology Milk Substitutes Product
 Table 184. Jiangxi Weirbao Food Biotechnology Recent Developments/Updates
 Table 185. Hubei Hong Yuan Food Company Information
 Table 186. Hubei Hong Yuan Food Description and Business Overview
 Table 187. Hubei Hong Yuan Food Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 188. Hubei Hong Yuan Food Milk Substitutes Product
 Table 189. Hubei Hong Yuan Food Recent Developments/Updates
 Table 190. Fujian Jumbo Grand Food Company Information
 Table 191. Fujian Jumbo Grand Food Description and Business Overview
 Table 192. Fujian Jumbo Grand Food Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 193. Fujian Jumbo Grand Food Milk Substitutes Product
 Table 194. Fujian Jumbo Grand Food Recent Developments/Updates
 Table 195. Shandong Tianmei Bio Company Information
 Table 196. Shandong Tianmei Bio Description and Business Overview
 Table 197. Shandong Tianmei Bio Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 198. Shandong Tianmei Bio Milk Substitutes Product
 Table 199. Shandong Tianmei Bio Recent Developments/Updates
 Table 200. Amrut International Company Information
 Table 201. Amrut International Description and Business Overview
 Table 202. Amrut International Milk Substitutes Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
 Table 203. Amrut International Milk Substitutes Product
 Table 204. Amrut International Recent Developments/Updates
 Table 205. Key Raw Materials Lists
 Table 206. Raw Materials Key Suppliers Lists
 Table 207. Milk Substitutes Distributors List
 Table 208. Milk Substitutes Customers List
 Table 209. Milk Substitutes Market Trends
 Table 210. Milk Substitutes Market Drivers
 Table 211. Milk Substitutes Market Challenges
 Table 212. Milk Substitutes Market Restraints
 Table 213. Research Programs/Design for This Report
 Table 214. Key Data Information from Secondary Sources
 Table 215. Key Data Information from Primary Sources
 Table 216. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Milk Substitutes
 Figure 2. Global Milk Substitutes Market Value Comparison by Type (2020-2031) & (US$ Million)
 Figure 3. Global Milk Substitutes Market Share by Type: 2024 & 2031
 Figure 4. Coffee Creamers Product Picture
 Figure 5. Coconut Milk Product Picture
 Figure 6. Other Product Picture
 Figure 7. Global Milk Substitutes Market Value by Application (2020-2031) & (US$ Million)
 Figure 8. Global Milk Substitutes Market Share by Application: 2024 & 2031
 Figure 9. Drinks
 Figure 10. Food
 Figure 11. Other
 Figure 12. Global Milk Substitutes Revenue, (US$ Million), 2020 VS 2024 VS 2031
 Figure 13. Global Milk Substitutes Market Size (2020-2031) & (US$ Million)
 Figure 14. Global Milk Substitutes Sales (2020-2031) & (MT)
 Figure 15. Global Milk Substitutes Average Price (USD/MT) & (2020-2031)
 Figure 16. Milk Substitutes Report Years Considered
 Figure 17. Milk Substitutes Sales Share by Manufacturers in 2024
 Figure 18. Global Milk Substitutes Revenue Share by Manufacturers in 2024
 Figure 19. Global 5 and 10 Largest Milk Substitutes Players: Market Share by Revenue in Milk Substitutes in 2024
 Figure 20. Milk Substitutes Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 21. Global Milk Substitutes Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
 Figure 22. North America Milk Substitutes Sales Market Share by Country (2020-2031)
 Figure 23. North America Milk Substitutes Revenue Market Share by Country (2020-2031)
 Figure 24. U.S. Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 25. Canada Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 26. Europe Milk Substitutes Sales Market Share by Country (2020-2031)
 Figure 27. Europe Milk Substitutes Revenue Market Share by Country (2020-2031)
 Figure 28. Germany Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 29. France Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 30. U.K. Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 31. Italy Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 32. Russia Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 33. Asia Pacific Milk Substitutes Sales Market Share by Region (2020-2031)
 Figure 34. Asia Pacific Milk Substitutes Revenue Market Share by Region (2020-2031)
 Figure 35. China Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 36. Japan Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 37. South Korea Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 38. India Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 39. Australia Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 40. Taiwan Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 41. Indonesia Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 42. Thailand Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 43. Malaysia Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 44. Philippines Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 45. Latin America Milk Substitutes Sales Market Share by Country (2020-2031)
 Figure 46. Latin America Milk Substitutes Revenue Market Share by Country (2020-2031)
 Figure 47. Mexico Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 48. Brazil Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 49. Argentina Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 50. Middle East and Africa Milk Substitutes Sales Market Share by Country (2020-2031)
 Figure 51. Middle East and Africa Milk Substitutes Revenue Market Share by Country (2020-2031)
 Figure 52. Turkey Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 53. Saudi Arabia Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 54. U.A.E Milk Substitutes Revenue Growth Rate (2020-2031) & (US$ Million)
 Figure 55. Global Sales Market Share of Milk Substitutes by Type (2020-2031)
 Figure 56. Global Revenue Market Share of Milk Substitutes by Type (2020-2031)
 Figure 57. Global Milk Substitutes Price (USD/MT) by Type (2020-2031)
 Figure 58. Global Sales Market Share of Milk Substitutes by Application (2020-2031)
 Figure 59. Global Revenue Market Share of Milk Substitutes by Application (2020-2031)
 Figure 60. Global Milk Substitutes Price (USD/MT) by Application (2020-2031)
 Figure 61. Milk Substitutes Value Chain
 Figure 62. Channels of Distribution (Direct Vs Distribution)
 Figure 63. Bottom-up and Top-down Approaches for This Report
 Figure 64. Data Triangulation
 Figure 65. Key Executives Interviewed
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