Plant-based dairy market could grow to USD 34bn by 2030

According to a recent forecast by MarkNtel Advisors, the global plant-based dairy market could reach USD 34bn by 2030.

Plant-based dairy products are increasingly regarded as healthy – oat milk, for example, is rich in beta-glucan, which helps regulate cholesterol levels

This article is available for reading in Trade magazin 2025/12-2026.01

It currently stands at USD 20bn and analysts expect a 9% annual growth, driven by health and environmental concerns, the expansion of plant-based offerings by large retail chains and the growing acceptance of vegan diets. The report claims that the Asia-Pacific region could become the market leader with a 35% share.