South Africa Dairy Alternatives Market Size & Outlook

The dairy alternatives market in South Africa is expected to reach a projected revenue of US$ 1,179.8 million by 2033. A compound annual growth rate of 13.5% is expected of South Africa dairy alternatives market from 2026 to 2033.
Revenue, 2025 (US$M)
$429.8
Forecast, 2033 (US$M)
$1,179.8
CAGR, 2026 - 2033
13.5%
Report Coverage
South Africa

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South Africa dairy alternatives market, 2021-2033 (US$M)

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South Africa dairy alternatives market highlights

  • The South Africa dairy alternatives market generated a revenue of USD 429.8 million in 2025 and is expected to reach USD 1,179.8 million by 2033.
  • The South Africa market is expected to grow at a CAGR of 13.5% from 2026 to 2033.
  • In terms of segment, soy was the largest revenue generating source in 2025.
  • Almond is the most lucrative source segment registering the fastest growth during the forecast period.


Dairy alternatives market data book summary

Market revenue in 2025USD 429.8 million
Market revenue in 2033USD 1,179.8 million
Growth rate13.5% (CAGR from 2026 to 2033)
Largest segmentSoy
Fastest growing segmentAlmond
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationSoy, Almond, Coconut, Rice, Oats, Others Source
Key market players worldwideArcher-Daniels Midland Co, Danone SA, The Hain Celestial Group Inc, Otsuka Pharmaceutical, SunOpta Inc, Oatly Group AB ADR, Blue Diamond Growers, CP Kelco, Vitasoy International Holdings Ltd, Eden Foods, Earth's Own, Freedom Foods Group, Organic Valley, Living Harvest Foods


Other key industry trends

  • In terms of revenue, South Africa accounted for 1.2% of the global dairy alternatives market in 2025.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
  • In Middle East & Africa, South Africa dairy alternatives market is projected to lead the regional market in terms of revenue in 2033.
  • South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,179.8 million by 2033.

Soy was the largest segment with a revenue share of 42.48% in 2025. Horizon Databook has segmented the South Africa dairy alternatives market based on soy, almond, coconut, rice, oats, others source covering the revenue growth of each sub-segment from 2021 to 2033.


South Africa is expected to be a potential market for the dairy alternatives owing to the rising consumer demand for plant based food and beverages. Rising consumer awareness towards health in the region has resulted in the demand for low calorie milk products, which is likely to open new avenues for the soymilk, almond milk and other dairy alternative products over the next eight years.

The market is expected to grow at a significant rate owing to increasing consumer awareness regarding the nutritional benefits offered by these products than their dairy counterparts. Dairy alternatives are lactose free products and are highly preferred by customers with lactose intolerance problems.

Ability of soymilk to replace cow milk in household and commercial applications to produce various food products, snacks and beverages is expected to drive the industry growth over the forecast period. About 80% of the South African consumers suffer from lactose intolerance.

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Dairy Alternatives Market Companies

Name Profile # Employees HQ Website
Living Harvest Foods View profile 251-500 Portland, Oregon, United States, North America http://www.worldpantry.com
Earth's Own View profile 251-500 Vancouver, British Columbia, Canada, North America https://earthsown.com/
Organic Valley View profile 501-1000 La Farge, Wisconsin, United States, North America https://www.organicvalley.coop
Eden Foods View profile 51-100 Clinton, Michigan, United States, North America http://www.edenfoods.com
Freedom Foods Group View profile 501-1000 Taren Point, New South Wales, Australia, Oceania https://ffgl.com.au/
Blue Diamond Growers View profile 1001-5000 Sacramento, California, United States, North America https://bluediamondgrowers.com/
Oatly Group AB ADR View profile 1493 Ångfärjekajen 8, Malmo, Sweden, 211 19 https://www.oatly.com
CP Kelco View profile 1001-5000 Atlanta, Georgia, United States, North America https://www.cpkelco.com
Otsuka Pharmaceutical View profile 251-500 Tokyo, Tokyo, Japan, Asia https://www.otsuka.co.jp/en/
Archer-Daniels Midland Co View profile 41802 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 https://www.adm.com
Vitasoy International Holdings Ltd View profile 6534 Number 1 Kin Wong Street, Tuen Mun, New Territories, Hong Kong, Hong Kong, https://www.vitasoy.com
The Hain Celestial Group Inc View profile 2837 4600 Sleepytime Drive, Co, Boulder, DE, United States, 80301 https://www.hain.com
SunOpta Inc View profile 1174 7078 Shady Oak Road, Eden Prairie, MN, United States, 55344 https://www.sunopta.com
Danone SA View profile 88843 17, Boulevard Haussmann, Paris, France, 75009 https://www.danone.com

South Africa dairy alternatives market size, by source, 2021-2033 (US$M)

South Africa Dairy Alternatives Market Outlook Share, 2025 & 2033 (US$M)

South Africa dairy alternatives market size, by source, 2021-2033 (US$M)

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