The global plant based milk market size has the potential to attain US$ 20.1 billion in 2024. The global sales of plant based milk accounted for US$ 16.1 billion in 2019 and is slated to acquire a valuation of US$ 47.9 billion by 2034. This escalation exhibits a surge at a CAGR of 9.1% from 2024 to …
Tag Archives: Plant-based Milk Market
Plant-Based Milk Industry Booms Amid Increasing Lactose Intolerance, Expected to Reach USD 47.2 Billion by 2033
By 2023, the plant-based milk market is anticipated to be worth US$ 19.8 billion. From 2023 to 2033, it is most expected to accelerate with a CAGR of 9.9%. Sales of plant-based milk are expected to make up a sizable portion of demand in the global food market. The market for plant-based milk is set to expand to US$ 47.2 …
Plant-based Milk Market Forecasted to Exceed US$ 47.2 Billion by 2033 with a Remarkable 9.9% CAGR
By 2023, the plant-based milk market is anticipated to be worth US$ 19.8 billion. From 2023 to 2033, it is most expected to accelerate with a CAGR of 9.9%. Sales of plant-based milk are expected to make up a sizable portion of demand in the global food market. The market for plant-based milk is set to expand to US$ 47.2 …
Plant-based Milk Market – Notable Developments, Potential Players & Worldwide Opportunities 2031
Popularity of vegan diets can be attributed to popularity of veganism and rising focus on sustainable living. As per Future Market Insights (FMI), these factors will create conducive environment for the expansion of the plant based milk market. The report also forecasts the sales of plant-based milk to increase at 8.8% CAGR between 2021 and 2031. …