Global Plant-Based Milk Market to Surge to USD 52.3 Billion by 2035, Achieving 9.1% CAGR
The global plant-based milk industry is entering a decade of accelerated growth, with market value projected to climb from USD 21.9 billion in 2025 to USD 52.3 billion by 2035 . This growth will reflect a solid 9.1% CAGR , driven by rising lactose intolerance levels, evolving dietary choices, and a global push toward climate-conscious food consumption. Sustainability remains a core market accelerator. A 2024 critical review published in the Journal of Cleaner Production found that plant-based milks use 79% less land and produce 67% fewer CO₂-equivalent emissions than dairy milk—reinforcing their lower environmental footprint ( ScienceDirect ). Recent Oxford research further highlights raw material trade-offs, spotlighting almond milk’s high water requirements versus oat milk’s processing impacts. These findings are driving brands to not only diversify sourcing but also disclose farm-level life-cycle data, as reported b...