Summary

Persistence Market Research has recently unveiled a comprehensive analysis of the global Plant-based Milk Powder Market, providing valuable insights into market dynamics, trends, and future projections. As consumer preferences shift towards dairy-free and health-conscious alternatives, the demand for plant-based milk powders is experiencing rapid growth. This report equips stakeholders with the necessary knowledge to make informed strategic decisions in an evolving market landscape.

Key Insights:

• Plant-based Milk Powder Market Size (2025E): US$ 454.3 Mn
• Projected Market Value (2032F): US$ 768.6 Mn
• Global Market Growth Rate (CAGR 2025 to 2032): 7.8%

Plant-based Milk Powder Market – Report Scope:

The plant-based milk powder market includes a variety of non-dairy powdered beverages made from almonds, soy, coconut, and other plant sources. These products are increasingly used in bakery items, infant formulas, and nutritional foods. Growing awareness about lactose intolerance, coupled with environmental and ethical concerns surrounding dairy farming, is driving market expansion. Almond milk powder, in particular, is emerging as the top contributor to revenue and is projected to grow at a CAGR of over 6.3% from 2019 to 2024.

Market Growth Drivers:

The global market is witnessing a surge in demand due to several key factors. Rising health concerns, especially around lactose intolerance and dairy allergies, are prompting consumers to switch to plant-based alternatives. A growing vegan and flexitarian population, along with increasing awareness about animal welfare and sustainability, is supporting this trend. In addition, the extended shelf life, convenience, and ease of transportation of powdered formats make them ideal for both home and industrial use. Continued innovation in flavor, nutrition, and packaging is further accelerating adoption in diverse food and beverage sectors.

Market Restraints:

Despite strong momentum, the plant-based milk powder market faces certain barriers. High production costs compared to conventional dairy powders may hinder broader adoption in cost-sensitive regions. Variability in taste and texture, particularly across different plant sources, can affect consumer acceptance. Nutritional content may also fall short of dairy milk unless fortified, posing a challenge for health-focused buyers. Furthermore, dependence on seasonal crops like almonds and coconuts can disrupt supply chains and result in price fluctuations, affecting overall market stability.

Market Opportunities:

Ample growth opportunities exist in the development of fortified and functional plant-based milk powders to address specific dietary needs. Manufacturers are increasingly targeting health-conscious and vegan consumers through organic, clean-label, and allergen-free options. Expanding retail channels—especially e-commerce—offer greater access to new and existing markets. Rising adoption of plant-based ingredients in baby formulas, bakery products, and ready-to-eat meals also contributes to new demand. Emerging economies with growing middle-class populations and changing food habits provide further scope for expansion.

Key Questions Answered in the Report:

• What are the primary growth drivers for the plant-based milk powder market?
• Which product types and applications are witnessing the highest growth?
• How are consumer lifestyle changes influencing the market outlook?
• Who are the major players and what strategies are they implementing?
• What are the future trends and regional growth prospects in the market?

Competitive Intelligence and Business Strategy:

Key market players such as Asahi Group Foods, Ltd., NOW Foods, and Urban Platter are focusing on innovation, sustainability, and quality to strengthen their market position. Companies are enhancing product profiles through fortification, flavor improvement, and clean-label ingredients. Strategic collaborations with online platforms and health food retailers are expanding their customer base. Leading brands are also investing in sustainable sourcing and packaging to meet consumer demand for environmentally responsible products. Continuous R&D and product diversification remain central to gaining a competitive edge.

Companies Covered in This Report:

• Asahi Group Foods, Ltd.
• Bulk Barn Foods Limited
• BMS Organics
• NOW Foods
• Unisoy Foods
• Enfamil
• Urban Platter
• Bio Nutrients (India) Pvt. Ltd.
• Chocolate Alchemy
• Jaffe Bros., Inc.

Segmentation of the Plant-based Milk Powder Market:

By Type:

• Almond Milk Powder
• Soy Milk Powder
• Coconut Milk Powder
• Other Types

By Application:

• Bakery & Confectionary
• Nutritional Food
• Infant Formulas

By Distribution Channel:

• Online Sales
• Supermarkets/Hypermarkets
• Specialized Stores
• Convenience Stores
• Retail Stores

By Region:

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

ページTOPに戻る

Table of Contents

1. Executive Summary
1.1. Global Plant-based Milk Powder Market Snapshot 2025 and 2032
1.2. Market Opportunity Assessment, 2025-2032, US$ Mn
1.3. Key Market Trends
1.4. Industry Developments and Key Market Events
1.5. Demand Side and Supply Side Analysis
1.6. PMR Analysis and Recommendations
2. Market Overview
2.1. Market Scope and Definitions
2.2. Value Chain Analysis
2.3. Macro-Economic Factors
2.3.1. Global GDP Outlook
2.3.2. Global Construction Industry Overview
2.3.3. Global Mining Industry Overview
2.4. Forecast Factors – Relevance and Impact
2.5. COVID-19 Impact Assessment
2.6. PESTLE Analysis
2.7. Porter's Five Forces Analysis
2.8. Geopolitical Tensions: Market Impact
2.9. Regulatory and Technology Landscape
3. Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities
3.4. Trends
4. Price Trend Analysis, 2019-2032
4.1. Region-wise Price Analysis
4.2. Price by Segments
4.3. Price Impact Factors
5. Global Plant-based Milk Powder Market Outlook: Historical (2019-2024) and Forecast (2025-2032)
5.1. Key Highlights
5.2. Global Plant-based Milk Powder Market Outlook: Type
5.2.1. Introduction/Key Findings
5.2.2. Historical Market Size (US$ Mn) Analysis by Type, 2019-2024
5.2.3. Current Market Size (US$ Mn) Forecast, by Type, 2025-2032
5.2.3.1. Almond Milk Powder
5.2.3.2. Soy Milk Powder
5.2.3.3. Coconut Milk Powder
5.2.4. Market Attractiveness Analysis: Type
5.3. Global Plant-based Milk Powder Market Outlook: Application
5.3.1. Introduction/Key Findings
5.3.2. Historical Market Size (US$ Mn) Analysis by Application, 2019-2024
5.3.3. Current Market Size (US$ Mn) Forecast, by Application, 2025-2032
5.3.3.1. Bakery & Confectionary
5.3.3.2. Nutritional Food
5.3.3.3. Infant Formulas
5.3.4. Market Attractiveness Analysis: Application
5.4. Global Plant-based Milk Powder Market Outlook: Distribution Channel
5.4.1. Introduction/Key Findings
5.4.2. Historical Market Size (US$ Mn) Analysis by Distribution Channel, 2019-2024
5.4.3. Current Market Size (US$ Mn) Forecast, by Distribution Channel, 2025-2032
5.4.3.1. Online Sales
5.4.3.2. Supermarkets/Hypermarkets
5.4.3.3. Specialized Stores
5.4.3.4. Convenience Stores
5.4.3.5. Retail Stores
5.4.4. Market Attractiveness Analysis: Distribution Channel
6. Global Plant-based Milk Powder Market Outlook: Region
6.1. Key Highlights
6.2. Historical Market Size (US$ Mn) Analysis by Region, 2019-2024
6.3. Current Market Size (US$ Mn) Forecast, by Region, 2025-2032
6.3.1. North America
6.3.2. Europe
6.3.3. East Asia
6.3.4. South Asia & Oceania
6.3.5. Latin America
6.3.6. Middle East & Africa
6.4. Market Attractiveness Analysis: Region
7. North America Plant-based Milk Powder Market Outlook: Historical (2019-2024) and Forecast (2025-2032)
7.1. Key Highlights
7.2. Pricing Analysis
7.3. North America Market Size (US$ Mn) Forecast, by Country, 2025-2032
7.3.1. U.S.
7.3.2. Canada
7.4. North America Market Size (US$ Mn) Forecast, by Type, 2025-2032
7.4.1. Almond Milk Powder
7.4.2. Soy Milk Powder
7.4.3. Coconut Milk Powder
7.5. North America Market Size (US$ Mn) Forecast, by Application, 2025-2032
7.5.1. Bakery & Confectionary
7.5.2. Nutritional Food
7.5.3. Infant Formulas
7.6. North America Market Size (US$ Mn) Forecast, by Distribution Channel, 2025-2032
7.6.1. Online Sales
7.6.2. Supermarkets/Hypermarkets
7.6.3. Specialized Stores
7.6.4. Convenience Stores
7.6.5. Retail Stores
8. Europe Plant-based Milk Powder Market Outlook: Historical (2019-2024) and Forecast (2025-2032)
8.1. Key Highlights
8.2. Pricing Analysis
8.3. Europe Market Size (US$ Mn) Forecast, by Country, 2025-2032
8.3.1. Germany
8.3.2. Italy
8.3.3. France
8.3.4. U.K.
8.3.5. Spain
8.3.6. Russia
8.3.7. Rest of Europe
8.4. Europe Market Size (US$ Mn) Forecast, by Type, 2025-2032
8.4.1. Almond Milk Powder
8.4.2. Soy Milk Powder
8.4.3. Coconut Milk Powder
8.5. Europe Market Size (US$ Mn) Forecast, by Application, 2025-2032
8.5.1. Bakery & Confectionary
8.5.2. Nutritional Food
8.5.3. Infant Formulas
8.6. Europe Market Size (US$ Mn) Forecast, by Distribution Channel, 2025-2032
8.6.1. Online Sales
8.6.2. Supermarkets/Hypermarkets
8.6.3. Specialized Stores
8.6.4. Convenience Stores
8.6.5. Retail Stores
9. East Asia Plant-based Milk Powder Market Outlook: Historical (2019-2024) and Forecast (2025-2032)
9.1. Key Highlights
9.2. Pricing Analysis
9.3. East Asia Market Size (US$ Mn) Forecast, by Country, 2025-2032
9.3.1. China
9.3.2. Japan
9.3.3. South Korea
9.4. East Asia Market Size (US$ Mn) Forecast, by Type, 2025-2032
9.4.1. Almond Milk Powder
9.4.2. Soy Milk Powder
9.4.3. Coconut Milk Powder
9.5. East Asia Market Size (US$ Mn) Forecast, by Application, 2025-2032
9.5.1. Bakery & Confectionary
9.5.2. Nutritional Food
9.5.3. Infant Formulas
9.6. East Asia Market Size (US$ Mn) Forecast, by Distribution Channel, 2025-2032
9.6.1. Online Sales
9.6.2. Supermarkets/Hypermarkets
9.6.3. Specialized Stores
9.6.4. Convenience Stores
9.6.5. Retail Stores
10. South Asia & Oceania Plant-based Milk Powder Market Outlook: Historical (2019-2024) and Forecast (2025-2032)
10.1. Key Highlights
10.2. Pricing Analysis
10.3. South Asia & Oceania Market Size (US$ Mn) Forecast, by Country, 2025-2032
10.3.1. India
10.3.2. Southeast Asia
10.3.3. ANZ
10.3.4. Rest of SAO
10.4. South Asia & Oceania Market Size (US$ Mn) Forecast, by Type, 2025-2032
10.4.1. Almond Milk Powder
10.4.2. Soy Milk Powder
10.4.3. Coconut Milk Powder
10.5. South Asia & Oceania Market Size (US$ Mn) Forecast, by Application, 2025-2032
10.5.1. Bakery & Confectionary
10.5.2. Nutritional Food
10.5.3. Infant Formulas
10.6. South Asia & Oceania Market Size (US$ Mn) Forecast, by Distribution Channel, 2025-2032
10.6.1. Online Sales
10.6.2. Supermarkets/Hypermarkets
10.6.3. Specialized Stores
10.6.4. Convenience Stores
10.6.5. Retail Stores
11. Latin America Plant-based Milk Powder Market Outlook: Historical (2019-2024) and Forecast (2025-2032)
11.1. Key Highlights
11.2. Pricing Analysis
11.3. Latin America Market Size (US$ Mn) Forecast, by Country, 2025-2032
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Rest of LATAM
11.4. Latin America Market Size (US$ Mn) Forecast, by Type, 2025-2032
11.4.1. Almond Milk Powder
11.4.2. Soy Milk Powder
11.4.3. Coconut Milk Powder
11.5. Latin America Market Size (US$ Mn) Forecast, by Application, 2025-2032
11.5.1. Bakery & Confectionary
11.5.2. Nutritional Food
11.5.3. Infant Formulas
11.6. Latin America Market Size (US$ Mn) Forecast, by Distribution Channel, 2025-2032
11.6.1. Online Sales
11.6.2. Supermarkets/Hypermarkets
11.6.3. Specialized Stores
11.6.4. Convenience Stores
11.6.5. Retail Stores
12. Middle East & Africa Plant-based Milk Powder Market Outlook: Historical (2019-2024) and Forecast (2025-2032)
12.1. Key Highlights
12.2. Pricing Analysis
12.3. Middle East & Africa Market Size (US$ Mn) Forecast, by Country, 2025-2032
12.3.1. GCC Countries
12.3.2. South Africa
12.3.3. Northern Africa
12.3.4. Rest of MEA
12.4. Middle East & Africa Market Size (US$ Mn) Forecast, by Type, 2025-2032
12.4.1. Almond Milk Powder
12.4.2. Soy Milk Powder
12.4.3. Coconut Milk Powder
12.5. Middle East & Africa Market Size (US$ Mn) Forecast, by Application, 2025-2032
12.5.1. Bakery & Confectionary
12.5.2. Nutritional Food
12.5.3. Infant Formulas
12.6. Middle East & Africa Market Size (US$ Mn) Forecast, by Distribution Channel, 2025-2032
12.6.1. Online Sales
12.6.2. Supermarkets/Hypermarkets
12.6.3. Specialized Stores
12.6.4. Convenience Stores
12.6.5. Retail Stores
13. Competition Landscape
13.1. Market Share Analysis, 2025
13.2. Market Structure
13.2.1. Competition Intensity Mapping
13.2.2. Competition Dashboard
13.3. Company Profiles
13.3.1. NOW Foods
13.3.1.1. Company Overview
13.3.1.2. Product Portfolio/Offerings
13.3.1.3. Key Financials
13.3.1.4. SWOT Analysis
13.3.1.5. Company Strategy and Key Developments
13.3.2. Unisoy Foods
13.3.3. Enfamil
13.3.4. Asahi Group Foods, Ltd.
13.3.5. Urban Platter
13.3.6. Bio Nutrients (India) Pvt. Ltd.
13.3.7. Chocolate Alchemy
13.3.8. Jaffe Bros., Inc.
13.3.9. Bulk Barn Foods Limited
13.3.10. BMS Organics
14. Appendix
14.1. Research Methodology
14.2. Research Assumptions
14.3. Acronyms and Abbreviations