Key Takeaways
- • The dairy alternatives market is projected to grow from $16.54 billion in 2025 to $17.87 billion in 2026 (8.0% CAGR), reaching $24.46 billion by 2030 at an 8.2% CAGR, according to a market report from The Business Research Company distributed via openPR.
- • Growth drivers cited include rising lactose intolerance awareness, vegan and flexitarian diets, expanded plant-based ingredient availability, and investment in alternative dairy startups.
- • Califia Farms acquired Uproot Inc. in August 2024 to strengthen its foodservice position through self-serve plant-based milk dispensers; financial terms were not disclosed.
- • The report names Danone, Oatly, Nestlé, Unilever, Alpro, Arla, and Blue Diamond among leading players, and segments the market by product type, plant source, and distribution channel.
- • The source is a promotional press release from a market research firm, and its forecasts are not independently verified.
Summary
A market research report published via openPR by The Business Research Company projects the global dairy alternatives market will expand from $16.54 billion in 2025 to $17.87 billion in 2026, a compound annual growth rate of 8.0%. The firm forecasts the market will reach $24.46 billion by 2030, with an anticipated CAGR of 8.2%. The report attributes historical growth to increasing awareness of lactose intolerance, the rise of vegan and flexitarian eating, broader availability of plant-based ingredients, and expansion of health-focused retail channels. Forward growth is expected to be driven by demand for functional plant-based nutrition, wider global adoption of plant-based foods, increased investment in alternative dairy startups, and advances in processing plant proteins.
The report identifies several product trends, including diversification of plant-based dairy lines, demand for clean-label and fortified products, improvements in replicating traditional dairy taste and texture, growth in oat and almond-based innovation, and greater emphasis on sustainable packaging. Among the companies it lists as leading the sector are Danone, Blue Diamond Growers, The Hain Celestial Group, Oatly Group, Vitasoy, SunOpta, Unilever, Nestlé, Daiya Foods, Alpro, Arla, and Organic Valley, among others.
A notable transaction cited in the report is Califia Farms' August 2024 acquisition of Uproot Inc., a producer of sustainable dairy alternatives. Califia, a US-based maker of plant-based milks, creamers, and coffees, said the deal would strengthen its foodservice position by improving access to sustainable plant-based milks through self-serve dispensers. Financial details were not disclosed. The release also highlights Velike's October 2023 launch of NOT M'LK, a German oat-based milk made with oats sourced from Baden-Württemberg farms.
The report segments the market by product type (non-dairy milk, cheese, yogurt, ice cream, and other), by source (almond, soy, oats, hemp, coconut, rice, and other), and by distribution channel (supermarkets, health food stores, convenience stores, online, and other retail). The publication is a promotional release that promotes a paid market report, and it does not include independent data or verification of the forecast figures.
The report identifies several product trends, including diversification of plant-based dairy lines, demand for clean-label and fortified products, improvements in replicating traditional dairy taste and texture, growth in oat and almond-based innovation, and greater emphasis on sustainable packaging. Among the companies it lists as leading the sector are Danone, Blue Diamond Growers, The Hain Celestial Group, Oatly Group, Vitasoy, SunOpta, Unilever, Nestlé, Daiya Foods, Alpro, Arla, and Organic Valley, among others.
A notable transaction cited in the report is Califia Farms' August 2024 acquisition of Uproot Inc., a producer of sustainable dairy alternatives. Califia, a US-based maker of plant-based milks, creamers, and coffees, said the deal would strengthen its foodservice position by improving access to sustainable plant-based milks through self-serve dispensers. Financial details were not disclosed. The release also highlights Velike's October 2023 launch of NOT M'LK, a German oat-based milk made with oats sourced from Baden-Württemberg farms.
The report segments the market by product type (non-dairy milk, cheese, yogurt, ice cream, and other), by source (almond, soy, oats, hemp, coconut, rice, and other), and by distribution channel (supermarkets, health food stores, convenience stores, online, and other retail). The publication is a promotional release that promotes a paid market report, and it does not include independent data or verification of the forecast figures.
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