North America's Plant-Based Milk market is projected to grow at a 7.69% CAGR during the forecast period. The USA dominates this market within North America, which includes Canada a
Highend report of this product is available
If you purchase this report now and we update it in next 100 days, get it free!
Highend report of this product is available
If you purchase this report now and we update it in next 100 days, get it free!
Highend report of this product is available
If you purchase this report now and we update it in next 100 days, get it free!
North Americans are an epitome of the developing economies of the world, as their way of life is imitated by the populace around the world. Similarly, the vegan diet trend is followed all over the world. A study conducted in 2020 revealed that the number of Americans following plant-based diets has increased by nearly 9.6 million over the last 15 years. This is nearly 3% of the population in the United States. The most prominent vegan states are Oregon, Vermont, Washington, and California, and the states which are most reluctant to seek out vegan trends are Mississippi, followed by South Dakota, Alabama, and North Dakota. However, the states that are seeing the biggest change in adoption of plant-based foods include Nevada and New Hampshire. Plant-based diets have become more established as a food group, but the change is very imbalanced. In recent years, it has achieved more acceptance and new varieties have been introduced in response to increasing demand.
According to the research report "North America Plant Based Milk Market Outlook, 2029" published by Bonafide Research, the plant-based milk market is expected to grow at a CAGR of 7.69% during the forecast period. North America includes the USA, Canada, and Mexico, out of which the USA holds the majority share of the plant-based milk market. While the smaller countries like Jamaica, Dominica, Cuba, Costa Rica, Bahamas, and others have a very small populace that is adopting plant-based milk. The vegan food trend is more exemplified in the larger and more prominent countries of North America than in the less developed, smaller ones. With the presence of leading manufacturer Blue Diamond Growers of almond milk based in California, almond milk is widely consumed in North America. Almond milk is low in calories and the new versions comes fortified with calcium. A lot of money has also been spent on marketing these plant-based milks, which has proven to be successful. Americans have grown tired of hearing that eating too much soy can cause hormone disruption, thyroid issues, and possibly an increased risk of breast cancer in certain women. People were turned off by soy and were looking for an alternative; at the exact same time, almond milk miraculously appeared in the dairy case.
A Bonafide Research industry report provides in-depth market analysis, trends, competitive insights, and strategic recommendations to help businesses make informed decisions.
Download SampleCustomise your report by selecting specific countries or regions
Specify Scope NowOne individual can access, store, display, or archive the report in Excel format but cannot print, copy, or share it. Use is confidential and internal only. Read More
One individual can access, store, display, or archive the report in PDF format but cannot print, copy, or share it. Use is confidential and internal only. Read More
Up to 10 employees in one region can store, display, duplicate, and archive the report for internal use. Use is confidential and printable. Read More
All employees globally can access, print, copy, and cite data externally (with attribution to Bonafide Research). Read More
Safe and Secure SSL Encrypted
We offer 10% Free Customization at the time of purchase
Get Free CustomizationWe sent OTP in your email & phone
Check your spam/junk folder as well
We are friendly and approachable, give us a call.
We use cookies to ensure you get the best experience on our website.