According to a new market research report titled ‘Plant-based Milk Market Size, Share, Forecast, & Trends Analysis by Type (Almond Milk, Soy Milk, Coconut Milk, Oat Milk, Rice Milk), Formulation (Flavored), Distribution Channel (B2B, B2C [Modern Groceries, Convenience Store]) – Global Forecast to 2031,’ published by Meticulous Research®, the plant-based milk market is projected to reach $52.54 billion by 2031, at a CAGR of 11.4% from 2024 to 2031.
Photo: Planteneers
