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)
$7,208.3
CAGR, 2025 - 2030
6.5%
Report Coverage
North America
Related Markets
North America plant-based milk market highlights
- The North America plant-based milk market generated a revenue of USD 4,868.0 million in 2024.
- The market is expected to grow at a CAGR of 6.5% from 2025 to 2030.
- In terms of segment, almond milk was the largest revenue generating product in 2024.
- Oat Milk is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 4,868.0 million |
| Market revenue in 2030 | USD 7,208.3 million |
| Growth rate | 6.5% (CAGR from 2025 to 2030) |
| Largest segment | Almond milk |
| Fastest growing segment | Oat Milk |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Almond Milk, Oat Milk, Soy Milk, Coconut Milk, Rice Milk, Pea Milk |
| Key market players worldwide | Danone SA, Blue Diamond Growers, The Hain Celestial Group Inc, Califia Farms, SunOpta Inc, Ripple, Elmhurst University, Pacific Foods of Oregon, Oatly Group AB ADR, Daiya Foods, DohlerGroup, Horizon |
Other key industry trends
- In terms of revenue, North America region accounted for 23.4% of the global plant-based milk market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 15,859.7 million by 2030.
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Plant-based Milk Market Scope
Plant-based milk market segmentation & scope
Plant-based Milk Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America plant-based milk market size, by country, 2018-2030 (US$M)
North America Plant-based Milk Market Outlook Share, 2024 & 2030 (US$M)
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