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Anz Plant-Based Milk Market Size & Outlook, 2026-2033

The plant-based milk market in ANZ is expected to reach a projected revenue of US$ 1,263.0 million by 2033. A compound annual growth rate of 6.7% is expected of ANZ plant-based milk market from 2026 to 2033.
Revenue, 2025 (US$M)
$755.2
Estimate, 2026 (US$M)
$804.4
Forecast, 2033 (US$M)
$1,263.0
CAGR, 2026 - 2033
6.7%

ANZ plant-based milk market highlights

  • The ANZ plant-based milk market generated a revenue of USD 755.2 million in 2025 and is expected to reach USD 1,263.0 million by 2033.
  • The ANZ market is expected to grow at a CAGR of 6.7% from 2026 to 2033.
  • In terms of segment, almond milk was the largest revenue generating product in 2025.
  • Oat Milk is the most lucrative product segment registering the fastest growth during the forecast period.


Plant-based milk market data book summary

Market revenue in 2025USD 755.2 million
Market revenue in 2033USD 1,263.0 million
Growth rate6.7% (CAGR from 2026 to 2033)
Largest segmentAlmond milk
Fastest growing segmentOat Milk
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationCoconut Milk, Oat Milk, Rice Milk, Almond Milk, Soy Milk, Pea Milk
Key market players worldwideDanone SA, Blue Diamond Growers, The Hain Celestial Group Inc, Califia Farms, SunOpta Inc, Ripple, Elmhurst University, Pacific Foods of Oregon, Oatly Group AB ADR, Daiya Foods, DohlerGroup, Horizon


Other key industry trends

  • In terms of revenue, ANZ accounted for 3.3% of the global plant-based milk market in 2025.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2033.
  • In Asia Pacific, China plant-based milk market is projected to lead the regional market in terms of revenue in 2033.
  • Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,840.5 million by 2033.

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Publish Date: Jun 19, 2026

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Plant-Based Milk Market Companies

NameProfile# EmployeesHQWebsite
Danone SAView profile 88,84317, Boulevard Haussmann, Paris, France, 75009www.danone.com
SunOpta IncView profile 1,1747078 Shady Oak Road, Eden Prairie, MN, United States, 55344www.sunopta.com
The Hain Celestial Group IncView profile 2,8374600 Sleepytime Drive, Co, Boulder, DE, United States, 80301www.hain.com
Oatly Group AB ADRView profile 1,493Ångfärjekajen 8, Malmo, Sweden, 211 19www.oatly.com
Pacific Foods of OregonView profile 501-1000Tualatin, Oregon, United States, North Americawww.pacificfoods.com
Blue Diamond GrowersView profile 1001-5000Sacramento, California, United States, North Americabluediamondgrowers.com/
Califia FarmsView profile 101-250Bakersfield, California, United States, North Americawww.califiafarms.com/
Elmhurst UniversityView profile 251-500Elmhurst, Illinois, United States, North Americawww.elmhurst.edu/
DohlerGroupView profile 5001-10000Darmstadt, Hessen, Germany, Europewww.doehler.com/
Daiya FoodsView profile 51-100Vancouver, British Columbia, Canada, North Americadaiyafoods.com/

ANZ Plant-based Milk 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 Plant-based Milk Market Outlook will help companies and investors design strategic landscapes.


Almond Milk was the largest segment with a revenue share of 56.25% in 2025.

Horizon Databook has segmented the Anz plant-based milk market based on coconut milk, oat milk, rice milk, almond milk, soy milk, pea milk covering the revenue growth of each sub-segment from 2021 to 2033.


  • Anz Plant-Based Milk Market Product Outlook (Revenue, USD Million , 2021-2033)
    • Almond Milk
    • Oat Milk
    • Soy Milk
    • Coconut Milk
    • Rice Milk
    • Pea Milk
    • Others
  • Anz Plant-Based Milk Market Nature Outlook (Revenue, USD Million , 2021-2033)
    • Organic
    • Conventional
  • Anz Plant-Based Milk Market Flavor Outlook (Revenue, USD Million , 2021-2033)
    • Flavored
    • Non-Flavored
  • Anz Plant-Based Milk Market Distribution Channel Outlook (Revenue, USD Million , 2021-2033)
    • Hypermarkets & Supermarkets
    • Specialty Stores
    • Online
    • Others

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Horizon Databook provides a detailed overview of country-level data and insights on the ANZ Plant-based Milk Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into ANZ Plant-based Milk Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.

Anz Plant-Based Milk Market, 2021-2033 (US$M)

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ANZ plant-based milk market statistics, by product, 2021-2033 (US$M)

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ANZ plant-based milk market statistics, by product, 2021-2033 (USD Million)

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