North America Plant-based Milk Market Size & Outlook

The plant-based milk market in North America is expected to reach a projected revenue of US$ 7,208.3 million by 2030. A compound annual growth rate of 6.5% is expected of North America plant-based milk market from 2025 to 2030.
Revenue, 2024 (US$M)
$4,868.0
Forecast, 2030 (US$M)
$7,208.3
CAGR, 2025 - 2030
6.5%
Report Coverage
North America

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

North America plant-based milk market, 2018-2030 (US$M)

North America plant-based milk market, 2018-2030 (US$M)

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

North America plant-based milk market highlights

  • The North America plant-based milk market generated a revenue of USD 4,868.0 million in 2024.
  • The market is expected to grow at a CAGR of 6.5% from 2025 to 2030.
  • In terms of segment, almond milk was the largest revenue generating product in 2024.
  • Oat Milk is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.

North America data book summary

Market revenue in 2024USD 4,868.0 million
Market revenue in 2030USD 7,208.3 million
Growth rate6.5% (CAGR from 2025 to 2030)
Largest segmentAlmond milk
Fastest growing segmentOat Milk
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAlmond Milk, Oat Milk, Soy Milk, Coconut Milk, Rice 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, North America region accounted for 23.4% of the global plant-based milk market in 2024.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 15,859.7 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Plant-based Milk Market Companies

Name Profile # Employees HQ Website

North America plant-based milk market size, by country, 2018-2030 (US$M)

North America Plant-based Milk Market Outlook Share, 2024 & 2030 (US$M)

North America plant-based milk market size, by country, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more
Chat with us
Research Assistance
Online