North America Dairy Alternatives Market Research Report – Segmented By Type (Almond Milk, Soy Milk, Rice Milk, Others), Formulation (Plain Sweetened, Plain Unsweetened, Flavoured Sweetened, Flavoured Unsweetened), Application (Food & Beverages), And Country (US, Canada And Rest Of North America) - Industry Analysis On Size, Share, Trends & Growth Forecast (2025 To 2033)

Updated On: June, 2024
ID: 2421
Pages: 145

North America Dairy Alternatives Market Size

The size of the North America Dairy Alternatives Market was expected to be worth USD 5.46 billion in 2024 and is anticipated to be worth USD 21.49 billion by 2033, from USD 6.36 billion in 2025, growing at a CAGR of 16.44% during the forecast period.

Dairy Alternative products which are plant-based, are generally available in supermarkets including several milk options such as soy, almond, rice, hemp, coconut, and flax. Additionally, frozen desserts, spreads, dairy-free yogurts, and cheeses are also available. Soy milk has been the oldest option available to replace dairy milk. However, substitutes such as almond milk and coconut milk have grabbed the market significantly in the last couple of years.

Food and beverages which are based on Dairy alternatives are prepared from dairy-free milk, extracted from numerous plant-based sources. They are gradually being consumed by lactose-intolerant and vegan consumers. There is a wide range of food and beverages available in the market, prepared from milk, which in turn is derived from sources such as almond, rice, soy, coconut, and others. Commonly consumed dairy alternative-based products are milk, butter, ice cream, cheese, soft drinks, energy drinks, and others.

The North American dairy Alternatives Market is driven by rapid growth in the consumption of dairy alternative products, Soy Milk being the major one of them, in the North American region. In recent times, the USA and Canada have observed an increasing demand for Dairy alternatives, mainly due to increased disposable income, and changes in lives, styles, and eating patterns. This is fuelling the growth of the dairy alternatives market in this region. Additionally, the allergies associated with dairy products and growing environmental concerns further drive the demand for dairy alternative products. The major factor restraining the growth of the dairy alternative market is the high cost of production.

This research report on the North American Dairy Alternatives Market is segmented and sub-segmented into the following categories.

North America Dairy Alternatives Market By Type

  • Soy Milk
  • Almond Milk
  • Rice Milk
  • Others

Soy Milk accounted for the highest revenue of the overall market and Almond Milk is anticipated to witness high growth rate during the forecast period.

NorthAmericana Dairy Alternatives Market By Formulation

  • Plain Sweetened
  • Plain Unsweetened
  • Flavored Sweetened
  • Flavored Unsweetened

North American Dairy Alternatives Market By Application

  • Food

  • Beverages

NorthAmericana Dairy Alternatives Market By Region

  • US
  • Canada
  • Rest of North America

The dairy alternatives market was dominated by USA, with the overall market share of over 60%. USA was followed by Canada. Canada is predicted to grow at a rapid pace in the coming few years.

KEY MARKET PLAYERS

Major Key Players in the North American Dairy Alternatives Market are Sanitarium Health & Wellbeing Company, Nutriops S.L, and SunOpIncInc.c, The Hain Celestial Group Inc., Blue Diamond Growers, Daiya Foods Inc., Earth’s Own Food Company, The WhiteWave Foods Company, Freedom Foods Group Limited, Archer Daniels Midland Company, and Eden Foods, Inc

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