News & numbers The rise of dairy alternatives Global dairy alternatives market – estimates and forecasts, 2014–2025 (USD million)
Global dairy alternatives market share, by product type 2021
16,130.9
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Soy
Almond 23%
The percentage of the UK that are reducing their consumption of animal products since the start of the pandemic, of which 7.6% are reducing dairy and eggs, and 1.6% are reducing all related products
47%
The percentage of reducers that had tried oat milk for the fi rst time since lockdown, with 66.7% of these intending to continue purchasing it in future
Source: The Vegan Society Rice Other 49.9%
The percentage that sales of oat milk have increased by between August 2020 to August 2021
48%
The percentage of British adults that state they use plant milk in their diet
28.9%
The percentage of reducers that had tried plant-based cheese for the fi rst time since lockdown
$20.93bn 28%
Percentage of those that
have consumed plant- based milk in the past three months
16% Source: Statista Those that
have consumed plant- based yoghurt in the past three months
Ingredients Insight |
www.ingredients-insight.com 15% Global milk substitute market value 13%
Those that have consumed
plant-based cheese in the past three months
Those that have consumed
plant-based butter in the past three months
Those that have consumed plant-based
16% cream in the past three months
Non-dairy milk 73.5% Butter 3.19% Cheese 5.5% Yogurts 6.61% Ice cream 8.7% Others 2.5%
$61.43bn 107%
The size the market expected growth from £25.19bn in 2022 to 2029
Source: Fortune Business Insights
The percentage by which the UK, plant- based milk grew by over the past two periods, while sales volumes increased by 85% Source: Smart Protein Project
$19.48bn 0.9kg
Global per-capita consumption of milk substitutes
2.7kg
Per capita consumption of milk consumption in the US
9
Revenue of global milk substitute market
Ramil Gibadullin/
Shutterstock.com
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