Global Markets for Milk Alternatives
The global market for milk alternatives reached $5.8 billion in 2014 and should reach nearly $10.9 billion by 2019, with a compound annual growth rate (CAGR) of 13.3% through 2019.
The soy milk category of this market reached $4.4 billion in 2014 and should reach nearly $8.0 billion by 2019, a CAGR of 12.5%.
Almond milk reached $886.8 million in 2014 and should reach $1.8 billion by 2019, a CAGR of 15.8%.
