The global dairy and eggs market produced a revenue of over ***** billion U.S. dollars in 2023. By 2030, it was forecast to grow to over ***** billion U.S. dollars.

The North America Non-Dairy Milk Market Report is Segmented by Product Type (Almond Milk, Cashew Milk, Coconut Milk, and More), Flavor (Flavored and Unflavored), Packaging Type (PET Bottles, Cans, Cartons, Others), Distribution Channel (Off-Trade and On-Trade), and Geography (United States, Canada, Mexico, Rest of North America). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Litres).

The Non-Dairy Milk Market report segments the industry into Product Type (Almond Milk, Cashew Milk, Coconut Milk, Hazelnut Milk, Hemp Milk, Oat Milk, Soy Milk), Distribution Channel (Off-Trade, On-Trade), and Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America). The report includes Market Size in Value in USD and Volume, Forecasts up to 2030, and Analysis of Growth Prospects.

In fiscal year 2023, the market size of drinking milk in Japan was valued at over *** billion Japanese yen. Drinking milk refers to liquid products for direct consumption in Japan. It includes fresh milk and a range of processed drinks using milk as a base ingredient. Milk is not always milk The dairy market in Japan is regulated under the Ministerial Ordinance on Milk and Milk Products Concerning Compositional Standards, etc. While sheep’s and goat’s milk are also allowed to be labeled as “milk” in Japan, they play only a minor role within the domestic market. Instead, cow’s milk is processed and distributed in different variants. Fresh whole milk that did not undergo further processing after heat treatment represents the most common form of milk for direct consumption in Japan. Processed products include nutrient-fortified and composition-modified beverages, such as fat-reduced milk and milk mixed with cream or butter. Additionally, other processed milk drinks include flavored and artificially sweetened beverages, such as coffee milk and strawberry milk, commercially known as ichigo o-re. Milk production in Japan Commercial dairy farming in Japan is a heavily protected industry confronted with the challenge of low profit margins and high production costs. Even though it is protected against foreign milk suppliers through tariff quotas, the low self-sufficiency of animal feed makes domestic farmers dependent on imports to keep their dairy cattle well-fed. As price fluctuations in the international grain market, diminishing profits, and the greying society are weighing on dairy farming businesses, government measures were implemented to ensure a stable supply of raw milk. But domestic production of raw milk has been showing a continuous downward trend in the last decade as farmers are struggling to find a successor to take over the business.

According to Cognitive Market Research, the global Milk Market size was USD 951245.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.20% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 380498.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 285373.65 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 218786.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 47562.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 19024.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
The Liquid milk category is the fastest growing segment of the milk industry

Market Dynamics of Milk Market

Key Drivers for Milk Market

Increasing Health Awareness: The growing consumer inclination towards protein-rich diets is propelling the demand for milk, as it is perceived as a natural and nutritious source that supports growth, immunity, and overall wellness.

Rising Urbanization: The increase in urban populations is driving the demand for packaged and processed milk, bolstered by cold-chain logistics and organized retail, which ensure greater availability and convenience for everyday consumers.

Product Innovation: The introduction of flavored milk, fortified milk, and lactose-free options is enhancing market penetration, catering to various dietary requirements and broadening milk consumption beyond traditional household applications.

Key Restraints for Milk Market

Lactose Intolerance: The rising incidence of lactose intolerance among consumers worldwide is diminishing traditional milk consumption, posing challenges for dairy producers who depend significantly on regular milk sales.

Supply Chain Challenges: The requirement for efficient cold storage and transportation of milk presents challenges. Infrastructure deficiencies, particularly in developing areas, result in spoilage, which restricts distribution and overall market expansion.

Price Volatility: Fluctuations in milk prices, driven by feed costs, climate change, and supply-demand discrepancies, create instability for producers and uncertainty regarding consumer affordability.

Key Trends for Milk Market

Plant-Based Alternatives: The increasing prevalence of veganism and lactose intolerance is enhancing the popularity of almond, soy, and oat milk, posing challenges for dairy companies while encouraging diversification strategies.

Digital Retail Growth: The rise of e-commerce and subscription-based delivery services is improving milk accessibility, providing convenience and direct-to-home supply chains, particularly in urban areas.

Sustainability Focus: Consumers are showing a preference for ethically sourced, organic, and low-carbon milk. Producers are investing in eco-friendly packaging, renewable energy, and sustainable dairy farming practices to align with global environmental trends. Introduction of the Milk Market

Mammals' mammary glands generate milk, a milky liquid that is the main food supply for their offspring in the early stages of life. Proteins, lipids, carbohydrates (mostly lactose), and vitamins are among the many vital components that are abundant in this beverage. For babies and young mammals, milk provides a well-balanced combination of nutrients. It offers vital vitamins and minerals including calcium and vitamin D, as well as proteins needed for growth, energy-producing lipids, and lactose as a source of carbohydrates. Fresh milk is edible, but it can also be processed to make cheese, Yoghurt, butter, and ice cream, among other dairy products. Growing knowledge of the advantages of drinking milk for your health, including its nutritional content and function in a balanced diet, is propelling market.

In November 2023, Nestlé SA introduced N3, their first-to-market milk that is reduce...

Global demand for plant-based milk is projected to climb from USD 21.9 billion in 2025 to USD 52.4 billion by 2035, a 9.1% CAGR.

Attributes	Description
Estimated Industry Size (2025E)	USD 21.93 Billion
Projected Industry Value (2035F)	USD 52.4 billion
Value-based CAGR (2025 to 2035)	9.1%

Country wise Insights

Countries	CAGR, 2025 to 2035
United States	7.4%
Germany	6.0%
India	11.6%

Category-wise Insights

Segment	Value Share (2025)
Liquid (Form)	63%

Segment	Value Share (2025)
Soy Milk (Product Type)	38%

The global fluid milk market size reached USD 188.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 222.7 Billion by 2033, exhibiting a growth rate (CAGR) of 1.82% during 2025-2033. The market is experiencing steady growth driven by the escalating demand for functional and fortified milk products enriched with vitamins, minerals, and probiotics, rapid urbanization, and development of lactose-free and plant-based milk alternatives for catering to individuals with dietary restrictions or lactose intolerance.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 188.4 Billion
Market Forecast in 2033	USD 222.7 Billion
Market Growth Rate 2025-2033	1.82%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global and regional levels for 2025-2033. Our report has categorized the market based on type, packaging material, and distribution channel.

Processed Milk Market Size Value in Poland, 2021 Discover more data with ReportLinker!

European Processed Milk Market Size Value by Country, 2023 Discover more data with ReportLinker!

The Milk Market size was valued at USD 276.2 Billion in 2024 and is anticipated to reach USD 375.4 Billion by 2031, growing at a CAGR of 4.1% from 2024 to 2031.

Global Milk Market Drivers

Increased Demand for Milk and Dairy Products: The global demand for milk and milk-based products is rising, driven by population growth, urbanization, and higher disposable incomes. According to the Food and Agriculture Organization (FAO), world milk output grew by 4% between 2016 and 2017, reaching 811 million tons in 2017, indicating a consistent upward trend in production.

Health Consciousness: Growing awareness of the health benefits associated with milk consumption, such as its nutritional value and role in a balanced diet, is propelling market Many consumers are increasingly incorporating milk and dairy products into their diets for their protein, calcium, and vitamin content.

Rising Popularity of Lactose-Free Products: The increasing prevalence of lactose intolerance has led to a surge in demand for lactose-free and low-lactose dairy products. This trend is supported by the introduction of innovative dairy alternatives that cater to lactose-sensitive consumers.

Expansion of Retail Distribution Channels: The growth of supermarkets, hypermarkets, and online retail platforms has made milk and dairy products more accessible to In 2023, supermarkets held a 55% share of the global dairy products market, facilitating easier access to a variety of milk products.

The global A2 milk market size was valued at USD 15.4 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 50.9 Billion by 2033, exhibiting a CAGR of 14.21% from 2025-2033. Oceania currently dominates the market, holding a market share of over 30.2% in 2024. The growth of the Oceania region is because of strong dairy farming infrastructure, advanced breeding programs, high consumer awareness, efficient supply chains, favorable trade policies, and increasing export demand.

The Asia-Pacific oat milk market is experiencing robust growth, driven by increasing consumer awareness of plant-based alternatives to dairy milk. The region's burgeoning health-conscious population, coupled with rising concerns about lactose intolerance and animal welfare, are key factors fueling this expansion. Strong demand is particularly evident in countries like China, India, and Australia, where rapidly growing middle classes are increasingly embracing healthier and more sustainable dietary choices. The market's segmentation reveals a dynamic landscape, with the on-trade sector (cafes, restaurants) and off-trade channels (supermarkets, online retailers, convenience stores) both experiencing significant growth. Online retail, in particular, presents a significant opportunity for expansion, leveraging e-commerce platforms to reach a wider customer base. While the market faces challenges such as price fluctuations in raw materials (oats) and competition from other plant-based milks (soy, almond), the overall outlook remains positive. The substantial growth of the market is predicted to continue, driven by product innovation (e.g., flavored oat milk, oat milk yogurt alternatives), increased distribution channels, and rising consumer purchasing power within the region. Major players like Oatly, Nestlé, and Danone are actively investing in the market, further consolidating its trajectory. The forecast period (2025-2033) promises sustained expansion, with a projected CAGR (let's assume a conservative estimate of 12% based on global trends and considering potential market saturation after a period of high growth) indicating significant market value growth. This growth is fueled not only by increased consumer demand but also by strategic partnerships, mergers and acquisitions, and the development of new product variations to cater to specific preferences (e.g., organic, fortified oat milk). The market's success hinges on the continued focus on sustainability, transparency, and product innovation. Specific regional variations in consumer preferences and regulatory environments will, however, require tailored market strategies for continued success. The dominance of established players underscores the importance of differentiation through unique product offerings and marketing strategies for smaller enterprises aiming to carve out a space in this competitive landscape. Recent developments include: February 2023: Sanitarium Health and Wellbeing Company has expanded its business by launching its "So Good" brand in India. The brand was launched through its subsidiary company, Life Health Foods.April 2022: Califia Farms launched three new plant-based milk: Original Oat Milk, Almond Barista, and Oat Vanilla.May 2020: PureHarvest launched NOM (Nutty Oat Milk), a blended oat and nut plant milk, which was released in Australia.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The global cashew milk market size reached USD 117.5 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 189.0 Million by 2033, exhibiting a growth rate (CAGR) of 5.16% during 2025-2033. The rising popularity of milk alternatives with similar texture and flavor profile of traditional dairy milk, the widespread preference for vegan and plant-based diet, and growing prevalence of lactose intolerance and milk allergies in individuals are some of the major factors propelling the market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 117.5 Million
Market Forecast in 2033	USD 189.0 Million
Market Growth Rate 2025-2033	5.16%

IMARC Group provides an analysis of the key trends in each segment of the global cashew milk market report, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on product type, packaging and distribution channel.

The market size of the plant-based dairy amounted to about *** million U.S. dollars in India. The plant-based dairy market is likely to increase to over *** million dollars by 2030. Some commonly used plant-based dairy brands are Vegan Dukan, One Good, and Pilk India.

The global almond milk market size was USD 10.97 billion in 2024 & is projected to grow from USD 12.50 billion in 2025 to USD 35.67 billion by 2033.
Report Scope:

Report Metric	Details
Market Size in 2024	USD 10.97 Billion
Market Size in 2025	USD 12.50 Billion
Market Size in 2033	USD 35.67 Billion
CAGR	14% (2025-2033)
Base Year for Estimation	2024
Historical Data	2021-2023
Forecast Period	2025-2033
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered	By Type,By Packing Type,By Application,By Category,By Distribution Channel,By Region.
Geographies Covered	North America, Europe, APAC, Middle East and Africa, LATAM,
Countries Covered	U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia,

Evaporated Milk Market Size Value in France, 2023 Discover more data with ReportLinker!

In 2024, after four years of growth, there was decline in the Asian whole fresh milk market, when its value decreased by -1.7% to $353.4B. The market value increased at an average annual rate of +3.6% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $359.6B in 2023, and then fell in the following year.

The global A2 milk market will reach USD 5.78 billion by 2035, expanding at a CAGR of 9.0%. The market is valued at USD 2.44 billion in 2025.

Metric	Value
Market Size in 2025	USD 2.44 Billion
Projected Market Size in 2035	USD 5.78 Billion
CAGR (2025 to 2035)	9.0%

Country-wise Outlook

Country	CAGR (2025 to 2035)
USA	9.2%

Country	CAGR (2025 to 2035)
UK	8.8%

Country	CAGR (2025 to 2035)
European Union (EU)	9.0%

Country	CAGR (2025 to 2035)
Japan	8.9%

Country	CAGR (2025 to 2035)
South Korea	9.1%

Forecast: Processed Milk Market Size Value in Poland 2023 - 2027 Discover more data with ReportLinker!

In 2025, the rice milk market was valued at approximately USD 704.43 million. By 2035, it is projected to reach USD 1,237.93 million, reflecting a compound annual growth rate (CAGR) of 5.8%.

Metric	Value
Market Size in 2025	USD 704.43 Million
Projected Market Size in 2035	USD 1,237.93 Million
CAGR (2025 to 2035)	5.8%

Country-wise Outlook- Rice milk market

Country	CAGR (2025 to 2035)
USA	6.0%

Country	CAGR (2025 to 2035)
UK	5.6%

Region	CAGR (2025 to 2035)
European Union (EU)	5.7%

Country	CAGR (2025 to 2035)
Japan	6.1%

Country	CAGR (2025 to 2035)
South Korea	6.2%

Segmentation Outlook- Rice milk market

Distribution Channel	Market Share (2025)
Supermarket & Hypermarket	55%

Form	Market Share (2025)
Liquid	68%

Competitive Outlook

Company Name	Estimated Market Share (%)
Califia Farms	28-33%
Rice Dream	20-25%
Eden Foods	15-20%
The Rice Company	10-15%
Oatly Group AB	7-11%
Other Companies (combined)	15-25%