U.S. Dairy Alternatives Market Size & Outlook, 2026-2033
- Food Beverages & Tobacco
- Consumer Food & Beverages
- Dairy Alternatives Market Outlook
- Consumer Food & Beverages
Global Market
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U.S. dairy alternatives market highlights
- The U.S. dairy alternatives market generated a revenue of USD 8,117.8 million in 2025 and is expected to reach USD 20,074.4 million by 2033.
- The U.S. market is expected to grow at a CAGR of 12% from 2026 to 2033.
- In terms of segment, almond 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 2025 | USD 8,117.8 million |
| Market revenue in 2033 | USD 20,074.4 million |
| Growth rate | 12% (CAGR from 2026 to 2033) |
| Largest segment | Almond |
| Fastest growing segment | Almond |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Soy, Almond, Coconut, Rice, Oats, Others Source |
| Key market players worldwide | Archer-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, U.S. accounted for 22.0% 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 North America, U.S. dairy alternatives market is projected to lead the regional market in terms of revenue in 2033.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 1,834.9 million by 2033.
The Dairy Farmers of America, which represents more than 30% of the milk producers in the United States revealed that drop in milk sales resulted in $1.45 decrease in the average milk price on account of the rise of soy, oat, nut and other milk alternatives at grocery stores, coffee shops, and others across the country.
According to the United States National Library of Medicine, more than 65% of the people are less able or unable to digest lactose after infancy and the percentage is much higher in few ethnic and racial groups which are anticipated to surge the demand for plant-based milks over the coming years.
The U.S. is one of the key markets for dairy alternatives and is expected to grow at a significant rate owing to rising demand for healthy food and beverages among millennials coupled with the shift in preference toward organic foods and naturally-derived ingredients.
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Publish Date: Mar 24, 2025
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Dairy Alternatives Market Scope
Dairy Alternatives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Danone SA | View profile | 88,843 | 17, Boulevard Haussmann, Paris, France, 75009 | www.danone.com |
| SunOpta Inc | View profile | 1,174 | 7078 Shady Oak Road, Eden Prairie, MN, United States, 55344 | www.sunopta.com |
| The Hain Celestial Group Inc | View profile | 2,837 | 4600 Sleepytime Drive, Co, Boulder, DE, United States, 80301 | www.hain.com |
| Vitasoy International Holdings Ltd | View profile | 6,534 | Number 1 Kin Wong Street, Tuen Mun, New Territories, Hong Kong, Hong Kong, | www.vitasoy.com |
| Archer-Daniels Midland Co | View profile | 41,802 | 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 | www.adm.com |
| Otsuka Pharmaceutical | View profile | 251-500 | Tokyo, Tokyo, Japan, Asia | www.otsuka.co.jp/en/ |
| CP Kelco | View profile | 1001-5000 | Atlanta, Georgia, United States, North America | www.cpkelco.com |
| Oatly Group AB ADR | View profile | 1,493 | Ångfärjekajen 8, Malmo, Sweden, 211 19 | www.oatly.com |
| Blue Diamond Growers | View profile | 1001-5000 | Sacramento, California, United States, North America | bluediamondgrowers.com/ |
| Freedom Foods Group | View profile | 501-1000 | Taren Point, New South Wales, Australia, Oceania | ffgl.com.au/ |
U.S. Dairy Alternatives Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Dairy Alternatives Market Outlook will help companies and investors design strategic landscapes.
Almond was the largest segment with a revenue share of 47.58% in 2025.
Horizon Databook has segmented the U.S. dairy alternatives market based on soy, almond, coconut, rice, oats, others source covering the revenue growth of each sub-segment from 2021 to 2033.
The Dairy Farmers of America, which represents more than 30% of the milk producers in the United States revealed that drop in milk sales resulted in $1.45 decrease in the average milk price on account of the rise of soy, oat, nut and other milk alternatives at grocery stores, coffee shops, and others across the country.
According to the United States National Library of Medicine, more than 65% of the people are less able or unable to digest lactose after infancy and the percentage is much higher in few ethnic and racial groups which are anticipated to surge the demand for plant-based milks over the coming years.
The U.S. is one of the key markets for dairy alternatives and is expected to grow at a significant rate owing to rising demand for healthy food and beverages among millennials coupled with the shift in preference toward organic foods and naturally-derived ingredients.
- U.S. Dairy Alternatives Market Source Outlook (Revenue, USD Million , 2021-2033)
- Soy
- Almond
- Coconut
- Rice
- Oats
- Others
- U.S. Dairy Alternatives Market Product Outlook (Revenue, USD Million , 2021-2033)
- Milk
- Yogurt
- Cheese
- Icecream
- Creamer
- Others
- U.S. Dairy Alternatives Market Distribution Channel Outlook (Revenue, USD Million , 2021-2033)
- Supermarket & Hypermarkets
- Convenience Stores
- Online retail
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. Dairy Alternatives Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.S. Dairy Alternatives Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
U.S. Dairy Alternatives Market, 2021-2033 (US$M)
U.S. dairy alternatives market statistics, by source, 2021-2033 (US$M)
