Milk substitute market revenue in the U.S. 2018-2028

Published by
Nils-Gerrit Wunsch,
Jun 12, 2023
The milk substitute market in the United States generated a revenue of 3.6 billion U.S. dollars in 2023. Since 2019, the market has grown by over a billion U.S. dollars and is forecast to further increase in the coming years.

Revenue of the milk substitute market in the United States from 2018 to 2028 (in million U.S. dollars)

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Release date

2023

Region

United States

Survey time period

2018 to 2023

Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:
Milk substitutes refer to any type of milk not derived from animals. The Milk Substitutes segment covers all types of plant-based milk such as soya, almond, oat, rice, coconut, spelt, and other. “Other” includes hazelnut, soya/rice blend, buckwheat, cashew, pea, millet, lupine, hemp, quinoa, flax seed, grain, etc.

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