
What is Holding Back Dairy Milk Alternatives Market and Where the Next Growth Opportunities Lie
Within the dairy alternative sector, products derived from grains, nuts, rice, and seeds (GNRS) have emerged as the frontrunners in terms of market value. This category has demonstrated robust growth, achieving a compound annual growth rate (CAGR) of 3.5% in value sales and 1.5% in volume (liters) from 2020 to 2024. Nuts-based milk alternatives is the largest category, forecast to grow with a value CAGR of 3.5% between 2024 and 2029.







