Milk Substitutes

  • Worldwide
  • Revenue in the Milk Substitutes segment amounts to €19.16bn in 2022. The market is expected to grow annually by 14.49% (CAGR 2022-2027).
  • In global comparison, most revenue is generated in China (€8,195.00m in 2022).
  • In relation to total population figures, per person revenues of €2.52 are generated in 2022.
  • In the Milk Substitutes segment, volume is expected to amount to 13,113.9mkg by 2027. The Milk Substitutes segment is expected to show a volume growth of 13.4% in 2023.
  • The average volume per person in the Milk Substitutes segment is expected to amount to 0.9kg in 2022.
 
 
 
 
 
 
 
 
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