Market Overview:
MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the Europe Plant-Based Dairy Products Market, The Global Europe Plant-Based Dairy Products Market size was valued at around USD 4.5 billion in 2024 and is projected to reach USD 7.8 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 10% during the forecast period, i.e., 2025-30. Various factors are attributed to the growth of the market like growth in automobile production, growing focus on lightweight & sustainable materials, rising demand for luxury & customized interiors, increasing focus on safety standards, and the adoption of Advanced Driver Assistance Systems (ADAS). The report provides valuable insights into the drivers, trends, and challenges shaping the future of the Europe Plant-Based Dairy Products Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.
Industry Outlook & Forecasts:
- Forecast Period: 2025-2030
- Market Size in 2024: USD 4.5 billion
- CAGR (2025-2030): 10%
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Europe Plant-Based Dairy Products Market Segmentation Breakdown:
The Europe Plant-Based Dairy Products Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
By Type
- Milk- Market Size & Forecast 2020-2030F, USD Million
- Cheese- Market Size & Forecast 2020-2030F, USD Million
- Yogurt- Market Size & Forecast 2020-2030F, USD Million
- Others- Market Size & Forecast 2020-2030F, USD Million
Based on the type of plant-based dairy product, the milk segment holds a major market share of around 58%.
By Nature
- Organic- Market Size & Forecast 2020-2030F, USD Million
- Conventional- Market Size & Forecast 2020-2030F, USD Million
By Material
- Almonds- Market Size & Forecast 2020-2030F, USD Million
- Blends- Market Size & Forecast 2020-2030F, USD Million
- Coconuts- Market Size & Forecast 2020-2030F, USD Million
- Oats- Market Size & Forecast 2020-2030F, USD Million
- Rice- Market Size & Forecast 2020-2030F, USD Million
- Others- Market Size & Forecast 2020-2030F, USD Million
Based on the type of material, oats-based dairy products hold a market share of the European market of around 43%.
By Sales Channel
- Supermarkets/Hypermarkets- Market Size & Forecast 2020-2030F, USD Million
- Convenience Stores- Market Size & Forecast 2020-2030F, USD Million
- Specialty Stores- Market Size & Forecast 2020-2030F, USD Million
- E-Commerce- Market Size & Forecast 2020-2030F, USD Million
- Others- Market Size & Forecast 2020-2030F, USD Million
By End Use
- Bakery & Confectionary- Market Size & Forecast 2020-2030F, USD Million
- Snacks & Savouries- Market Size & Forecast 2020-2030F, USD Million
- Ready Meals- Market Size & Forecast 2020-2030F, USD Million
- HoReCa- Market Size & Forecast 2020-2030F, USD Million
- Dietary Supplements- Market Size & Forecast 2020-2030F, USD Million
- Other Food Products- Market Size & Forecast 2020-2030F, USD Million
Geographical Growth Insights:
By Country
- The UK
- Germany
- France
- Italy
- Spain
- The Netherlands
- Belgium
- Poland
- Rest of Europe
Regionally, Germany is the largest consumer of plant-based dairy products with a market share of around 39%.
MarkNtel Advisors Highlights Key Market Drivers for Europe Plant-Based Dairy Products Market:
Increasing Health Considerations – The focus of many European consumers is increasing on their health, inclining them towards food that provides nutritional benefits without the problems that are associated with traditional dairy products. Plant-based dairy products are believed to be healthier options, often containing lower lactose and fat, while supplying essential nutrition. Moreover, the additional nutrients which include calcium and numerous vitamins, have made them an even more attractive choice for health-focused customers. For instance, Koko Dairy Free has introduced a new milk and yogurt range with improved recipes that aim to replicate the qualities of traditional dairy more closely. Its Original Like Milk has been designed to be low in sugar and a great source of protein and vitamins including B12 as well as B2. Therefore, the health benefits provided by plant-based dairy without the drawbacks of traditional dairy have attracted a wide consumer base in past years, and this trend is expected to continue in the future as well.
A Comprehensive Analysis of Leading Companies in Europe Plant-Based Dairy Products Market
- Alpro
- Oatly Group AB
- Simply V
- Valsoia
- Yosoy
- Vivesoy
- SunOpta
- Ecotone
- Sojasun
- Alnatura
- Olga
- Hain Celestial
- Others
Explore More About This Research Report @ https://www.marknteladvisors.com/research-library/europe-plant-based-dairy-products-market.html
Europe Plant-Based Dairy Products Market Recent Development:
- 2024: Alpro introduces six new products in its chilled portfolio including Plant Protein Chocolate and Mixed Berries Variants. These products are introduced to meet the consumers’ strong desire for added protein in food and drinks.
- 2023: Oatly Group AB collaborated with Germany’s largest coffee chain, Coffee Fellows. This collaboration aimed to avail dairy-free oat-based beverages for customers at about 275 outlets of Coffee Fellows across Germany, Austria, Belgium, Luxembourg, and the Netherlands.
What are the growth Opportunity driving the Europe Plant-Based Dairy Products Market?
Increasing Number of Consumers Following Plant-Based Diets – As more people in Europe shift to vegan diets, the demand for plant-based dairy products is expected to experience an upward push. This trend is not only limited to those completely supporting a plant-based lifestyle, but a significant proportion of the general people is also reducing their consumption of animal-based products, motivated by health concerns and environmental awareness. This expanding consumer base is set to drive good growth in plant-based dairy. This shift is particularly seen among younger generations, who are more likely to ensure sustainability and animal welfare in their food choices. Therefore, the number of plant-based dairy products consumers are expected to increase in the coming years due to increasing vegan preference and health consciousness, in turn, providing a lucrative growth opportunity for the market.
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
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