The North America Dairy Alternatives Market would witness market growth of 10.6% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 1,665.3 Kilo Tonnes, showcasing a growth of 10.2% (2019-2022).
These alternatives consist of foods and beverages that can be consumed instead of dairy. These plant-based alternatives are considered to be nutritious. Rice, soy, and almond milk are alternatives that enjoy significant popularity. These alternatives are considered healthy because of many essential vitamins and minerals. They are also low in fats and cholesterol and have zero lactose concentration. These alternatives have been prevalent in the mature and emerging market.
This can be attributed to a rise in the number of people allergic to dairy. Furthermore, health awareness and an increase in disposable income have aided the growth of the market. Moreover, introducing additional healthy ingredients by different market players is another factor that further drives the market's growth. However, fluctuating raw material prices and high costs are the major restraints for this market. In contrast, the introduction of new flavors and varieties of these alternatives and the increase in demand for such products by the vegan population is expected to generate growth prospects for the market.
According to the Canadian government, in 2021, retail sales of plant-based ready meals in Canada were valued at $US19.1 million. During 2022-2026, sales of plant-based ready meals are forecast to reach US$31.8 million in 2026. According to the same source, in 2021, retail sales of plant-based ready meals in the United States were valued at $US633.4 million; during the 2022-2026 period, sales of plant-based ready meals are forecast to reach US$976.7 million in 2026. Plant-based ready meals offer a convenient and time-saving solution for consumers with busy lifestyles. The ease of preparation and the availability of flavorful plant-based options cater to individuals looking for quick and nutritious meals. As a result, these aspects will boost the market growth in the coming years.
The US market dominated the North America Dairy Alternatives Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $10,632.2 million by 2030. The Canada market is experiencing a CAGR of 13.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 12.1% during (2023 - 2030).
Based on Source, the market is segmented into Soy, Almond, Coconut, Oats, Rice, and Others. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores, Online Retail, and Others. Based on Product, the market is segmented into Milk, Yogurt, Ice-cream, Creamers, Cheese, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Dairy Alternatives Market is Predict to reach $59.4 Billion by 2030, at a CAGR of 11.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Danone, S.A., SunOpta, Inc., Blue Diamond Growers, Inc., The Hain Celestial Group, Inc., Earth’s Own Food Company Inc., PANOS Brands, LLC (Hammond, Kennedy, Whitney & Company, Inc.), Archer Daniels Midland Company, Eden Foods, Inc., Vitasoy International Holdings Ltd. and Kikkoman Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Source (Volume, Kilo Tonnes, Revenue, USD Billion, 2019-2030)
- Soy
- Almond
- Coconut
- Oats
- Rice
- Others
By Distribution Channel (Volume, Kilo Tonnes, Revenue, USD Billion, 2019-2030)
- Supermarkets & Hypermarkets
- Convenience Stores
- Online Retail
- Others
By Product(Volume, Kilo Tonnes, Revenue, USD Billion, 2019-2030)
- Milk
- Yogurt
- Ice-cream
- Creamers
- Cheese
- Others
By Country (Volume, Kilo Tonnes, Revenue, USD Billion, 2019-2030)
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Danone, S.A.
- SunOpta, Inc.
- Blue Diamond Growers, Inc.
- The Hain Celestial Group, Inc.
- Earth’s Own Food Company Inc.
- PANOS Brands, LLC (Hammond, Kennedy, Whitney & Company, Inc.)
- Archer Daniels Midland Company
- Eden Foods, Inc.
- Vitasoy International Holdings Ltd.
- Kikkoman Corporation
TABLE 1 North America Dairy Alternatives Market, 2019 - 2022, USD Million
TABLE 2 North America Dairy Alternatives Market, 2023 - 2030, USD Million
TABLE 3 North America Dairy Alternatives Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Dairy Alternatives Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Partnerships, Collaborations and Agreements– Dairy Alternatives Market
TABLE 6 Product Launches And Product Expansions– Dairy Alternatives Market
TABLE 7 Acquisition and Mergers– Dairy Alternatives Market
TABLE 8 Geographical Expansions- Dairy Alternatives Market
TABLE 9 North America Dairy Alternatives Market by Source, 2019 - 2022, USD Million
TABLE 10 North America Dairy Alternatives Market by Source, 2023 - 2030, USD Million
TABLE 11 North America Dairy Alternatives Market by Source, 2019 - 2022, Kilo Tonnes
TABLE 12 North America Dairy Alternatives Market by Source, 2023 - 2030, Kilo Tonnes
TABLE 13 North America Soy Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Soy Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Soy Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 North America Soy Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 North America Almond Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Almond Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Almond Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 North America Almond Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 North America Coconut Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Coconut Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Coconut Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 North America Coconut Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 North America Oats Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Oats Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Oats Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 North America Oats Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 North America Rice Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Rice Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Rice Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 North America Rice Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 North America Dairy Alternatives Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 38 North America Dairy Alternatives Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 39 North America Dairy Alternatives Market by Distribution Channel, 2019 - 2022, Kilo Tonnes
TABLE 40 North America Dairy Alternatives Market by Distribution Channel, 2023 - 2030, Kilo Tonnes
TABLE 41 North America Supermarkets & Hypermarkets Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Supermarkets & Hypermarkets Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Supermarkets & Hypermarkets Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 North America Supermarkets & Hypermarkets Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 North America Convenience Stores Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Convenience Stores Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Convenience Stores Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 North America Convenience Stores Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 North America Online Retail Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Online Retail Market by Country, 2023 - 2030, USD Million
TABLE 51 North America Online Retail Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 North America Online Retail Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 54 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 55 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 56 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 57 North America Dairy Alternatives Market by Product, 2019 - 2022, USD Million
TABLE 58 North America Dairy Alternatives Market by Product, 2023 - 2030, USD Million
TABLE 59 North America Dairy Alternatives Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 60 North America Dairy Alternatives Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 61 North America Milk Market by Country, 2019 - 2022, USD Million
TABLE 62 North America Milk Market by Country, 2023 - 2030, USD Million
TABLE 63 North America Milk Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 64 North America Milk Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 65 North America Yogurt Market by Country, 2019 - 2022, USD Million
TABLE 66 North America Yogurt Market by Country, 2023 - 2030, USD Million
TABLE 67 North America Yogurt Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 68 North America Yogurt Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 69 North America Ice-cream Market by Country, 2019 - 2022, USD Million
TABLE 70 North America Ice-cream Market by Country, 2023 - 2030, USD Million
TABLE 71 North America Ice-cream Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 72 North America Ice-cream Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 73 North America Creamers Market by Country, 2019 - 2022, USD Million
TABLE 74 North America Creamers Market by Country, 2023 - 2030, USD Million
TABLE 75 North America Creamers Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 76 North America Creamers Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 77 North America Cheese Market by Country, 2019 - 2022, USD Million
TABLE 78 North America Cheese Market by Country, 2023 - 2030, USD Million
TABLE 79 North America Cheese Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 80 North America Cheese Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 81 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 82 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 83 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 84 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 85 North America Dairy Alternatives Market by Country, 2019 - 2022, USD Million
TABLE 86 North America Dairy Alternatives Market by Country, 2023 - 2030, USD Million
TABLE 87 North America Dairy Alternatives Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 88 North America Dairy Alternatives Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 89 US Dairy Alternatives Market, 2019 - 2022, USD Million
TABLE 90 US Dairy Alternatives Market, 2023 - 2030, USD Million
TABLE 91 US Dairy Alternatives Market, 2019 - 2022, Kilo Tonnes
TABLE 92 US Dairy Alternatives Market, 2023 - 2030, Kilo Tonnes
TABLE 93 US Dairy Alternatives Market by Source, 2019 - 2022, USD Million
TABLE 94 US Dairy Alternatives Market by Source, 2023 - 2030, USD Million
TABLE 95 US Dairy Alternatives Market by Source, 2019 - 2022, Kilo Tonnes
TABLE 96 US Dairy Alternatives Market by Source, 2023 - 2030, Kilo Tonnes
TABLE 97 US Dairy Alternatives Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 98 US Dairy Alternatives Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 99 US Dairy Alternatives Market by Distribution Channel, 2019 - 2022, Kilo Tonnes
TABLE 100 US Dairy Alternatives Market by Distribution Channel, 2023 - 2030, Kilo Tonnes
TABLE 101 US Dairy Alternatives Market by Product, 2019 - 2022, USD Million
TABLE 102 US Dairy Alternatives Market by Product, 2023 - 2030, USD Million
TABLE 103 US Dairy Alternatives Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 104 US Dairy Alternatives Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 105 Canada Dairy Alternatives Market, 2019 - 2022, USD Million
TABLE 106 Canada Dairy Alternatives Market, 2023 - 2030, USD Million
TABLE 107 Canada Dairy Alternatives Market, 2019 - 2022, Kilo Tonnes
TABLE 108 Canada Dairy Alternatives Market, 2023 - 2030, Kilo Tonnes
TABLE 109 Canada Dairy Alternatives Market by Source, 2019 - 2022, USD Million
TABLE 110 Canada Dairy Alternatives Market by Source, 2023 - 2030, USD Million
TABLE 111 Canada Dairy Alternatives Market by Source, 2019 - 2022, Kilo Tonnes
TABLE 112 Canada Dairy Alternatives Market by Source, 2023 - 2030, Kilo Tonnes
TABLE 113 Canada Dairy Alternatives Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 114 Canada Dairy Alternatives Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 115 Canada Dairy Alternatives Market by Distribution Channel, 2019 - 2022, Kilo Tonnes
TABLE 116 Canada Dairy Alternatives Market by Distribution Channel, 2023 - 2030, Kilo Tonnes
TABLE 117 Canada Dairy Alternatives Market by Product, 2019 - 2022, USD Million
TABLE 118 Canada Dairy Alternatives Market by Product, 2023 - 2030, USD Million
TABLE 119 Canada Dairy Alternatives Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 120 Canada Dairy Alternatives Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 121 Mexico Dairy Alternatives Market, 2019 - 2022, USD Million
TABLE 122 Mexico Dairy Alternatives Market, 2023 - 2030, USD Million
TABLE 123 Mexico Dairy Alternatives Market, 2019 - 2022, Kilo Tonnes
TABLE 124 Mexico Dairy Alternatives Market, 2023 - 2030, Kilo Tonnes
TABLE 125 Mexico Dairy Alternatives Market by Source, 2019 - 2022, USD Million
TABLE 126 Mexico Dairy Alternatives Market by Source, 2023 - 2030, USD Million
TABLE 127 Mexico Dairy Alternatives Market by Source, 2019 - 2022, Kilo Tonnes
TABLE 128 Mexico Dairy Alternatives Market by Source, 2023 - 2030, Kilo Tonnes
TABLE 129 Mexico Dairy Alternatives Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 130 Mexico Dairy Alternatives Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 131 Mexico Dairy Alternatives Market by Distribution Channel, 2019 - 2022, Kilo Tonnes
TABLE 132 Mexico Dairy Alternatives Market by Distribution Channel, 2023 - 2030, Kilo Tonnes
TABLE 133 Mexico Dairy Alternatives Market by Product, 2019 - 2022, USD Million
TABLE 134 Mexico Dairy Alternatives Market by Product, 2023 - 2030, USD Million
TABLE 135 Mexico Dairy Alternatives Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 136 Mexico Dairy Alternatives Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 137 Rest of North America Dairy Alternatives Market, 2019 - 2022, USD Million
TABLE 138 Rest of North America Dairy Alternatives Market, 2023 - 2030, USD Million
TABLE 139 Rest of North America Dairy Alternatives Market, 2019 - 2022, Kilo Tonnes
TABLE 140 Rest of North America Dairy Alternatives Market, 2023 - 2030, Kilo Tonnes
TABLE 141 Rest of North America Dairy Alternatives Market by Source, 2019 - 2022, USD Million
TABLE 142 Rest of North America Dairy Alternatives Market by Source, 2023 - 2030, USD Million
TABLE 143 Rest of North America Dairy Alternatives Market by Source, 2019 - 2022, Kilo Tonnes
TABLE 144 Rest of North America Dairy Alternatives Market by Source, 2023 - 2030, Kilo Tonnes
TABLE 145 Rest of North America Dairy Alternatives Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 146 Rest of North America Dairy Alternatives Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 147 Rest of North America Dairy Alternatives Market by Distribution Channel, 2019 - 2022, Kilo Tonnes
TABLE 148 Rest of North America Dairy Alternatives Market by Distribution Channel, 2023 - 2030, Kilo Tonnes
TABLE 149 Rest of North America Dairy Alternatives Market by Product, 2019 - 2022, USD Million
TABLE 150 Rest of North America Dairy Alternatives Market by Product, 2023 - 2030, USD Million
TABLE 151 Rest of North America Dairy Alternatives Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 152 Rest of North America Dairy Alternatives Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 153 Key Information – Earth’s Own Food Company Inc.
TABLE 154 Key Information – PANOS Brands, LLC
TABLE 155 Key information – Danone S.A.
TABLE 156 Key Information – SunOpta, Inc.
TABLE 157 Key Information – Blue Diamond Growers, Inc.
TABLE 158 Key Information – The Hain Celestial Group, Inc.
TABLE 160 key information – Eden Foods, Inc.
TABLE 161 Key Information – Vitasoy International Holdings Ltd.
TABLE 162 Key Information – Kikkoman Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Dairy Alternatives Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Dairy Alternatives Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2022
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Porter’s Five Forces Analysis – Dairy Alternatives Market
FIG 8 North America Dairy Alternatives Market Share by Source, 2022
FIG 9 North America Dairy Alternatives Market Share by Source, 2030
FIG 10 North America Dairy Alternatives Market by Source, 2019 - 2030, USD Million
FIG 11 North America Dairy Alternatives Market Share by Distribution Channel, 2022
FIG 12 North America Dairy Alternatives Market Share by Distribution Channel, 2030
FIG 13 North America Dairy Alternatives Market by Distribution Channel, 2019 - 2030, USD Million
FIG 14 North America Dairy Alternatives Market Share by Product, 2022
FIG 15 North America Dairy Alternatives Market Share by Product, 2030
FIG 16 North America Dairy Alternatives Market by Product, 2019 - 2030, USD Million
FIG 17 North America Dairy Alternatives Market Share by Country, 2022
FIG 18 North America Dairy Alternatives Market Share by Country, 2030
FIG 19 North America Dairy Alternatives Market by Country, 2019 - 2030, USD Million
FIG 20 SWOT Analysis: Earth’s Own Food Company Inc.
FIG 21 SWOT Analysis: PANOS Brands, LLC
FIG 22 SWOT Analysis: Danone, S.A.
FIG 23 Recent strategies and developments: SunOpta, Inc.
FIG 24 SWOT Analysis: Blue Diamond Growers, Inc.
FIG 25 Swot Analysis: The Hain Celestial Group, Inc.
FIG 26 SWOT Analysis: Archer Daniels Midland Company
FIG 27 SWOT Analysis: Eden Foods, Inc.
FIG 28 SWOT Analysis: Kikkoman Corporation