US Plant-Based Milk Market - Industry Analysis, Demand, Opportunity & Forecast To 2026

US Plant-based Milk Market Definition
The plant-based milk is extracted from soy, almonds, coconuts, oats, rice. These are known to be the best alternatives for animal-based milk in the present market. The plant-base milk is rich in vitamins, minerals, carbohydrates and proteins, which reason many people adding plant-based milk and its products in their regular diets. The milk has wide application the food & beverage industry and is also used for flavoring in different products too.
Different plant-based milk that are available in the market are oat milk, coconut milk, almond milk, rice milk and soy milk. Soy milk is well known for the replacement of dairy milk, this first came into existence as a waste product on the way of preparing tofu and today this milk can be found in every market around the world. The milk contains vitamins, minerals and antioxidants, which provide health benefits. The protein present in the soy milk is very healthy and can help to support healthy muscles and other body organs. Next comes the most popular plant-based milk that is the almond milk. This milk is lactose-free and is beneficial for people with lactose intolerance. It’s a healthy and tasty alternative to the traditional dairy products. The milk is known to be good source of magnesium. This helps in controlling blood sugar levels. As we known that almond milk is help for the lactose intolerance people, because it does not have lactose in it. Compared to animal milk, this milk is unsweetened and is low in sugar and carbohydrates. It also has high in bone-building calcium. The Oat milk is said to be a good choice for people having allergies and intolerances, as it is naturally free from lactose, nuts and soy.
US Plant-based Milk Market Overview
According to the research report by Actual Market Research titled as “US Plant-based Milk Market 2026”, by the forecasted period the country’s market share will be more than 8% CAGR. The market is currently dominated by almond milk, which is highly consumed in the US. With the oat milk is anticipated to grow with highest CAGR by the end of the forecasted year 2026.
The plant-based milk market is boosting up due to high demand within consumers, specially within the vegans who avoid consuming animal-based products. The milk’s popularity among the consumers is due to the increase in health and wellness concern awareness, mostly about diabetes and overweight problems. In the other side many people are shifting towards vegan diets, this can be also a reason for the highest sales of plant-based milk and its products.
Key Market Trends
The trend for plant-based milk is gradually being popular all over the world. This an be also because of the health concerns, allergies and intolerances, with this many people are turning vegan. The change in diets and more concerns to health is creating more demand for the plant-based products. The increasing consumption of plant-based milk is also influencing the leading marketers to introduce many new and different plant-based milk products, which will also show a better result in the market. Every plant-based contains vitamins, minerals and antioxidants, these provide huge health benefits. Today in this market almond milk is leading because of its nutrition values and health benefits. This milk is best for people having allergies and intolerances.
Key Players
Oatly
Trader Joe’s
Blue Diamond
Nestle
Kerry Group
Califia Farms
Kite Hill
Elmhurst Milked Direct, LLC
Ripple Foods
West Soy
Whole Foods Market
Silk
Planet Oat
Pacific Foods
Sunopta Inc.
Earth’s Own Food Company, Inc.