Europe Plant-Based Dairy Products Market Overview and Insights:
According to MarkNtel Advisors Report, the Europe Plant-Based Dairy Products Market size was valued at around USD 4.5 billion in 2024 and is projected to reach USD 7.8 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 10% during the forecast period, i.e., 2025-30. Europe Plant-Based Dairy Products Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Time Period Captured in the Report:
Historical Years: 2020-23
Base Years: 2024
Forecast Years: 2025-30
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Europe Plant-Based Dairy Products Market Trend:
Private Label Products Gaining Traction – The plant-based dairy products that are prepared and manufactured by some companies and are sold by some other companies without the name of the manufacturer are in high trend as they have recorded the highest sales in some EU countries in past years. For instance, Hacendado, a privately label milk in Spain is responsible for more than 20% of the overall sales. Additionally, Rossmann in Poland, Delhaize in Belgium, and Carrefour Bio in France are some of the leading private-label products in Europe.
The main reason behind their popularity is the lower price of products and high availability. Also, these products are freshly prepared with good enough taste that further attract more customers. Therefore, due to the availability of high-quality products with lower prices, various retailers are inclining towards such products, and the expanding production of such companies shows that this trend is expected to continue in the future as well. For instance, Leche Pascual in Spain has started producing plant-based milk for Hacendado (mercadona's private label).
Who are the Key Players Operating in the Europe Plant-Based Dairy Products Industry?
The top companies of the Europe Plant-Based Dairy Products market ruling the industry are:
- Alpro
- Oatly Group AB
- Simply V
- Valsoia
- Yosoy
- Vivesoy
- SunOpta
- Ecotone
- Sojasun
- Alnatura
- Olga
- Hain Celestial
- Others
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What is Included in Europe Plant-Based Dairy Products Market Segmentation?
The report has segmented the market into the following categories:
-By Material
- Almonds
- Blends
- Coconuts
- Oats
- Rice
- Others
Based on the type of material, oats-based dairy products hold a market share of the European market of around 43%. Oat milk, in particular, is gaining significant traction among consumers seeking sustainable and flavorful alternatives to traditional dairy-based beverages with appropriate taste and texture. This is because oat-based products are highly focused on innovation and alignment with ongoing trends. For instance, San Benedetto SPA introduced the Avena line in 2024, a new range that includes four oat-based beverages in 0.40-litre bottles, designed for convenience and on-the-go consumption. Additionally, each product is free from added sugars and features specific health and wellness (H&W) claims.
Moreover, the governments of this region are experiencing pressure to lift or lower the taxes on plant-based ingredients which will further support the growth of this segment by the reduction in the prices. Therefore, due to the affordable prices and suitable taste and texture, oat-based dairy products are highly popular in Europe, and this trend is expected to continue in forecast periods as well.
-By Type
- Milk- Market Size & Forecast 2020-2030F, USD Million
- Cheese- Market Size & Forecast 2020-2030F, USD Million
- Yogurt- Market Size & Forecast 2020-2030F, USD Million
- Others- Market Size & Forecast 2020-2030F, USD Million
-By Nature
- Organic- Market Size & Forecast 2020-2030F, USD Million
- Conventional- Market Size & Forecast 2020-2030F, USD Million
-By Sales Channel
- Supermarkets/Hypermarkets- Market Size & Forecast 2020-2030F, USD Million
- Convenience Stores- Market Size & Forecast 2020-2030F, USD Million
- Specialty Stores- Market Size & Forecast 2020-2030F, USD Million
- E-Commerce- Market Size & Forecast 2020-2030F, USD Million
- Others- Market Size & Forecast 2020-2030F, USD Million
-By End Use
- Bakery & Confectionary- Market Size & Forecast 2020-2030F, USD Million
- Snacks & Savouries- Market Size & Forecast 2020-2030F, USD Million
- Ready Meals- Market Size & Forecast 2020-2030F, USD Million
- HoReCa- Market Size & Forecast 2020-2030F, USD Million
- Dietary Supplements- Market Size & Forecast 2020-2030F, USD Million
- Other Food Products- Market Size & Forecast 2020-2030F, USD Million
Geographical Analysis:
-By Country
- The UK
- Germany
- France
- Italy
- Spain
- The Netherlands
- Belgium
- Poland
- Rest of Europe
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