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Plant-based Milk Powder Industry Research Report 2026
Market perspective
The global Plant-based Milk Powder market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for Plant-based Milk Powder is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026–2032.
The Europe market for Plant-based Milk Powder is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032.
Read the full market overview
The Asia Pacific market for Plant-based Milk Powder is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032.
Leading global manufacturers of Plant-based Milk Powder include Asahi Group Foods, Ltd., Bulk Barn Foods Limited, BMS Organics, NOW Foods, Unisoy Foods, Enfamil, Urban Platter, Bio Nutrients (India) Pvt. Ltd. and Chocolate Alchemy, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global Plant-based Milk Powder market in terms of revenue (US$ million) and, where applicable, sales volume (t), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of Types and Applications, harmonizes vendor attribution, and presents comparable time series by company, Type, Application, and region/country, including indicative price bands (US$/t) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for brand owners, manufacturers, retailers, channel partners, and investors; data are structured with consistent units and fields to facilitate integration into internal FP&A and BI systems.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Plant-based Milk Powder Market by Company
Asahi Group Foods, Ltd.
Bulk Barn Foods Limited
BMS Organics
NOW Foods
Unisoy Foods
Enfamil
Urban Platter
Bio Nutrients (India) Pvt. Ltd.
Chocolate Alchemy
Jaffe Bros.. Inc.
Plant-based Milk Powder Segment by Type
Almond Milk Powder
Soy Milk Powder
Coconut Milk Powder
Others
Plant-based Milk Powder Segment by Application
Online Sales
Supermarket/hypermarket
Exclusive Shop
Plant-based Milk Powder Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Plant-based Milk Powder market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Plant-based Milk Powder and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Plant-based Milk Powder.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc.), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Plant-based Milk Powder manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Plant-based Milk Powder by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Plant-based Milk Powder in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Almond Milk Powder
- Soy Milk Powder
- Coconut Milk Powder
- Others
Applications
- Online Sales
- Supermarket/hypermarket
- Exclusive Shop
Companies covered
- Asahi Group Foods, Ltd.
- Bulk Barn Foods Limited
- BMS Organics
- NOW Foods
- Unisoy Foods
- Enfamil
- Urban Platter
- Bio Nutrients (India) Pvt. Ltd.
- Chocolate Alchemy
- Jaffe Bros.. Inc.
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Global Market Growth Prospects
- 2.2.1 Global Plant-based Milk Powder Market Size (2021-2032)
- 2.2.2 Global Plant-based Milk Powder Sales (2021-2032)
- 2.2.3 Global Plant-based Milk Powder Market Average Price (2021-2032)
- 2.3 Plant-based Milk Powder by Type
- 2.3.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Almond Milk Powder
- 2.3.3 Soy Milk Powder
- 2.3.4 Coconut Milk Powder
- 2.3.5 Others
- 2.4 Plant-based Milk Powder by Application
- 2.4.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.4.2 Online Sales
- 2.4.3 Supermarket/hypermarket
- 2.4.4 Exclusive Shop
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Plant-based Milk Powder Market Competitive Situation by Manufacturers (2021 Versus 2025)
- 3.2 Global Plant-based Milk Powder Sales (t) of Manufacturers (2021-2026)
- 3.3 Global Plant-based Milk Powder Revenue of Manufacturers (2021-2026)
- 3.4 Global Plant-based Milk Powder Average Price by Manufacturers (2021-2026)
- 3.5 Global Plant-based Milk Powder Industry Ranking, 2024 VS 2025 VS 2026
- 3.6 Global Manufacturers of Plant-based Milk Powder, Manufacturing Sites & Headquarters
- 3.7 Global Manufacturers of Plant-based Milk Powder, Product Type & Application
- 3.8 Global Manufacturers of Plant-based Milk Powder, Established Date
- 3.9 Global Plant-based Milk Powder Market CR5 and HHI
- 3.10 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Asahi Group Foods, Ltd.
- 4.1.1 Asahi Group Foods, Ltd. Company Information
- 4.1.2 Asahi Group Foods, Ltd. Business Overview
- 4.1.3 Asahi Group Foods, Ltd. Plant-based Milk Powder Sales, Revenue and Gross Margin (2021-2026)
- 4.1.4 Asahi Group Foods, Ltd. Plant-based Milk Powder Product Portfolio
- 4.1.5 Asahi Group Foods, Ltd. Recent Developments
- 4.2 Bulk Barn Foods Limited
- 4.2.1 Bulk Barn Foods Limited Company Information
- 4.2.2 Bulk Barn Foods Limited Business Overview
- 4.2.3 Bulk Barn Foods Limited Plant-based Milk Powder Sales, Revenue and Gross Margin (2021-2026)
- 4.2.4 Bulk Barn Foods Limited Plant-based Milk Powder Product Portfolio
- 4.2.5 Bulk Barn Foods Limited Recent Developments
- 4.3 BMS Organics
- 4.3.1 BMS Organics Company Information
- 4.3.2 BMS Organics Business Overview
- 4.3.3 BMS Organics Plant-based Milk Powder Sales, Revenue and Gross Margin (2021-2026)
- 4.3.4 BMS Organics Plant-based Milk Powder Product Portfolio
- 4.3.5 BMS Organics Recent Developments
- 4.4 NOW Foods
- 4.4.1 NOW Foods Company Information
- 4.4.2 NOW Foods Business Overview
- 4.4.3 NOW Foods Plant-based Milk Powder Sales, Revenue and Gross Margin (2021-2026)
- 4.4.4 NOW Foods Plant-based Milk Powder Product Portfolio
- 4.4.5 NOW Foods Recent Developments
- 4.5 Unisoy Foods
- 4.5.1 Unisoy Foods Company Information
- 4.5.2 Unisoy Foods Business Overview
- 4.5.3 Unisoy Foods Plant-based Milk Powder Sales, Revenue and Gross Margin (2021-2026)
- 4.5.4 Unisoy Foods Plant-based Milk Powder Product Portfolio
- 4.5.5 Unisoy Foods Recent Developments
- 4.6 Enfamil
- 4.6.1 Enfamil Company Information
- 4.6.2 Enfamil Business Overview
- 4.6.3 Enfamil Plant-based Milk Powder Sales, Revenue and Gross Margin (2021-2026)
- 4.6.4 Enfamil Plant-based Milk Powder Product Portfolio
- 4.6.5 Enfamil Recent Developments
- 4.7 Urban Platter
- 4.7.1 Urban Platter Company Information
- 4.7.2 Urban Platter Business Overview
- 4.7.3 Urban Platter Plant-based Milk Powder Sales, Revenue and Gross Margin (2021-2026)
- 4.7.4 Urban Platter Plant-based Milk Powder Product Portfolio
- 4.7.5 Urban Platter Recent Developments
- 4.8 Bio Nutrients (India) Pvt. Ltd.
- 4.8.1 Bio Nutrients (India) Pvt. Ltd. Company Information
- 4.8.2 Bio Nutrients (India) Pvt. Ltd. Business Overview
- 4.8.3 Bio Nutrients (India) Pvt. Ltd. Plant-based Milk Powder Sales, Revenue and Gross Margin (2021-2026)
- 4.8.4 Bio Nutrients (India) Pvt. Ltd. Plant-based Milk Powder Product Portfolio
- 4.8.5 Bio Nutrients (India) Pvt. Ltd. Recent Developments
- 4.9 Chocolate Alchemy
- 4.9.1 Chocolate Alchemy Company Information
- 4.9.2 Chocolate Alchemy Business Overview
- 4.9.3 Chocolate Alchemy Plant-based Milk Powder Sales, Revenue and Gross Margin (2021-2026)
- 4.9.4 Chocolate Alchemy Plant-based Milk Powder Product Portfolio
- 4.9.5 Chocolate Alchemy Recent Developments
- 4.10 Jaffe Bros.. Inc.
- 4.10.1 Jaffe Bros.. Inc. Company Information
- 4.10.2 Jaffe Bros.. Inc. Business Overview
- 4.10.3 Jaffe Bros.. Inc. Plant-based Milk Powder Sales, Revenue and Gross Margin (2021-2026)
- 4.10.4 Jaffe Bros.. Inc. Plant-based Milk Powder Product Portfolio
- 4.10.5 Jaffe Bros.. Inc. Recent Developments
5 Global Plant-based Milk Powder Market Scenario by Region
- 5.1 Global Plant-based Milk Powder Market Size by Region: 2021 VS 2025 VS 2032
- 5.2 Global Plant-based Milk Powder Sales by Region: 2021-2032
- 5.2.1 Global Plant-based Milk Powder Sales by Region: 2021-2026
- 5.2.2 Global Plant-based Milk Powder Sales by Region: 2027-2032
- 5.3 Global Plant-based Milk Powder Revenue by Region: 2021-2032
- 5.3.1 Global Plant-based Milk Powder Revenue by Region: 2021-2026
- 5.3.2 Global Plant-based Milk Powder Revenue by Region: 2027-2032
- 5.4 North America Plant-based Milk Powder Market Facts & Figures by Country
- 5.4.1 North America Plant-based Milk Powder Market Size by Country: 2021 VS 2025 VS 2032
- 5.4.2 North America Plant-based Milk Powder Sales by Country (2021-2032)
- 5.4.3 North America Plant-based Milk Powder Revenue by Country (2021-2032)
- 5.4.4 United States
- 5.4.5 Canada
- 5.4.6 Mexico
- 5.5 Europe Plant-based Milk Powder Market Facts & Figures by Country
- 5.5.1 Europe Plant-based Milk Powder Market Size by Country: 2021 VS 2025 VS 2032
- 5.5.2 Europe Plant-based Milk Powder Sales by Country (2021-2032)
- 5.5.3 Europe Plant-based Milk Powder Revenue by Country (2021-2032)
- 5.5.4 Germany
- 5.5.5 France
- 5.5.6 U.K.
- 5.5.7 Italy
- 5.5.8 Russia
- 5.5.9 Spain
- 5.5.10 Netherlands
- 5.5.11 Switzerland
- 5.5.12 Sweden
- 5.5.13 Poland
- 5.6 Asia Pacific Plant-based Milk Powder Market Facts & Figures by Country
- 5.6.1 Asia Pacific Plant-based Milk Powder Market Size by Country: 2021 VS 2025 VS 2032
- 5.6.2 Asia Pacific Plant-based Milk Powder Sales by Country (2021-2032)
- 5.6.3 Asia Pacific Plant-based Milk Powder Revenue by Country (2021-2032)
- 5.6.4 China
- 5.6.5 Japan
- 5.6.6 South Korea
- 5.6.7 India
- 5.6.8 Australia
- 5.6.9 Taiwan
- 5.6.10 Southeast Asia
- 5.7 South America Plant-based Milk Powder Market Facts & Figures by Country
- 5.7.1 South America Plant-based Milk Powder Market Size by Country: 2021 VS 2025 VS 2032
- 5.7.2 South America Plant-based Milk Powder Sales by Country (2021-2032)
- 5.7.3 South America Plant-based Milk Powder Revenue by Country (2021-2032)
- 5.7.4 Brazil
- 5.7.5 Argentina
- 5.7.6 Chile
- 5.8 Middle East and Africa Plant-based Milk Powder Market Facts & Figures by Country
- 5.8.1 Middle East and Africa Plant-based Milk Powder Market Size by Country: 2021 VS 2025 VS 2032
- 5.8.2 Middle East and Africa Plant-based Milk Powder Sales by Country (2021-2032)
- 5.8.3 Middle East and Africa Plant-based Milk Powder Revenue by Country (2021-2032)
- 5.8.4 Egypt
- 5.8.5 South Africa
- 5.8.6 Israel
- 5.8.7 Türkiye
- 5.8.8 GCC Countries
6 Segment by Type
- 6.1 Global Plant-based Milk Powder Sales by Type (2021-2032)
- 6.1.1 Global Plant-based Milk Powder Sales by Type (2021-2032) & (t)
- 6.1.2 Global Plant-based Milk Powder Sales Market Share by Type (2021-2032)
- 6.2 Global Plant-based Milk Powder Revenue by Type (2021-2032)
- 6.2.1 Global Plant-based Milk Powder Sales by Type (2021-2032) & (US$ Million)
- 6.2.2 Global Plant-based Milk Powder Revenue Market Share by Type (2021-2032)
- 6.3 Global Plant-based Milk Powder Price by Type (2021-2032)
7 Segment by Application
- 7.1 Global Plant-based Milk Powder Sales by Application (2021-2032)
- 7.1.1 Global Plant-based Milk Powder Sales by Application (2021-2032) & (t)
- 7.1.2 Global Plant-based Milk Powder Sales Market Share by Application (2021-2032)
- 7.2 Global Plant-based Milk Powder Revenue by Application (2021-2032)
- 7.2.1 Global Plant-based Milk Powder Sales by Application (2021-2032) & (US$ Million)
- 7.2.2 Global Plant-based Milk Powder Revenue Market Share by Application (2021-2032)
- 7.3 Global Plant-based Milk Powder Price by Application (2021-2032)
8 Value Chain and Sales Channels Analysis of the Market
- 8.1 Plant-based Milk Powder Value Chain Analysis
- 8.1.1 Plant-based Milk Powder Key Raw Materials
- 8.1.2 Raw Materials Key Suppliers
- 8.1.3 Plant-based Milk Powder Production Mode & Process
- 8.2 Plant-based Milk Powder Sales Channels Analysis
- 8.2.1 Direct Comparison with Distribution Share
- 8.2.2 Plant-based Milk Powder Distributors
- 8.2.3 Plant-based Milk Powder Customers
9 Global Plant-based Milk Powder Analyzing Market Dynamics
- 9.1 Plant-based Milk Powder Industry Trends
- 9.2 Plant-based Milk Powder Industry Drivers
- 9.3 Plant-based Milk Powder Industry Opportunities and Challenges
- 9.4 Plant-based Milk Powder Industry Restraints
10 Report Conclusion
11 Disclaimer
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