Summary

Persistence Market Research has recently released a comprehensive report on the global Plant-based Milk Powder Market, providing an in-depth analysis of market trends, growth drivers, challenges, emerging opportunities, and competitive developments. The report offers a detailed overview of market dynamics, enabling industry stakeholders, investors, and manufacturers to make data-driven strategic decisions.

Key Insights: Plant-based Milk Powder Market

• Plant-based Milk Powder Market Size (2025E): US$ 454.3 million
• Projected Market Value (2032F): US$ 768.6 million
• Global Market Growth Rate (CAGR 2025 to 2032): 7.8%
• Highest Revenue-generating Type: Almond Milk Powder (CAGR 6.3% from 2019 to 2024)

Plant-based Milk Powder Market – Report Scope:

The plant-based milk powder market comprises dairy alternatives derived from almonds, soy, and other plant sources, offering nutritious and sustainable options for consumers. These products are widely used in bakery and confectionery applications, as well as in beverages and culinary preparations. Rising health consciousness, lactose intolerance awareness, and the growing preference for vegan and sustainable diets are key factors driving market adoption globally. Increasing online sales channels and innovative product formulations are expanding accessibility and consumer reach. Almond milk powder, in particular, is emerging as a high-demand product due to its nutritional profile, versatility, and growing popularity among health-conscious consumers.

Market Growth Drivers:

The global plant-based milk powder market is primarily propelled by rising consumer demand for dairy alternatives that offer health benefits, sustainability, and dietary flexibility. Innovations in flavor, texture, and nutritional enrichment are attracting a wider consumer base. E-commerce platforms and online sales channels are enhancing product availability and convenience, especially in urban markets. Additionally, the increasing popularity of vegan diets and plant-based lifestyles is driving demand across North America, Europe, and Asia Pacific. Expansion in foodservice sectors, including bakery, confectionery, and beverage industries, further supports market growth.

Market Restraints:

Despite strong growth potential, the plant-based milk powder market faces challenges such as higher production costs compared to conventional dairy products. Price sensitivity among consumers in certain regions may slow adoption. Supply chain constraints, quality control issues, and product shelf-life limitations can also impact market penetration. Furthermore, competition from other plant-based dairy alternatives, such as liquid milk substitutes, can influence consumer preference and slow growth for powdered variants.

Market Opportunities:

Emerging economies in Asia Pacific, Latin America, and the Middle East present substantial growth opportunities due to rising disposable incomes, urbanization, and increasing health awareness. Product diversification, including fortified powders, flavored variants, and organic options, opens new avenues for manufacturers. Collaboration with retail and e-commerce platforms to expand distribution networks is enhancing market reach. Additionally, continuous research in plant-based protein technologies and sustainable sourcing practices is likely to drive innovation and consumer adoption over the forecast period.

Key Questions Answered in the Report:

• What are the main drivers influencing the global plant-based milk powder market?
• Which type, application, and distribution channel segments are witnessing the highest growth?
• How are innovations in plant-based formulations shaping consumer adoption?
• Who are the leading players in the market, and what strategies are they employing?
• What are the regional trends and growth prospects for plant-based milk powders?

Competitive Intelligence and Business Strategy:

Market players are focusing on product innovation, flavor diversification, nutritional enrichment, and strategic collaborations to strengthen market positioning. Investments in R&D are enhancing product stability, taste, and protein content. Expanding presence in emerging markets, developing organic and fortified product lines, and leveraging online distribution channels are central to competitive strategies. Collaborations with foodservice providers, retailers, and e-commerce platforms are also driving brand visibility and market penetration.

Companies Covered in This Report:

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

Market Segmentation

By Type
• Almond Milk Powder
• Soy Milk Powder
• Other Plant-based Milk Powders

By Application
• Bakery & Confectionery
• Beverages
• Culinary & Others

By Distribution Channel
• Online Sales
• Supermarkets & Hypermarkets
• Specialty Stores

By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and 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, 2024
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