Global Dairy-Free Evaporated Milk Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Sweetened, and Unsweetened.

By Form;

Dry, and Liquid.

By Nature;

Organic, and Conventional.

By Source;

Coconut Milk, Soy Milk, Oat Milk, and Other.

By End Use;

Bakery and Confectionery, Dairy Products, Sauces, Soups, and and Dressings.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn373308835 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Dairy-Free Evaporated Milk Market (USD Million), 2021 - 2031

In the year 2024, the Global Dairy-Free Evaporated Milk Market was valued at USD 31.79 million. The size of this market is expected to increase to USD 66.00 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.0%.

The Global Dairy-Free Evaporated Milk Market encompasses a range of non-dairy alternatives designed for consumers who prefer or need to avoid traditional dairy products due to lactose intolerance, allergies, or dietary choices. Evaporated milk, a staple in many culinary preparations, has been reimagined to cater to these preferences by utilizing plant-based ingredients such as coconut, almond, soy, or oats. These dairy-free alternatives offer similar richness and texture to traditional evaporated milk, making them suitable for both cooking and beverages.

Consumer demand for dairy-free options has surged globally, driven by increasing health awareness and a shift towards plant-based diets. Dairy-free evaporated milk serves as a versatile ingredient in various recipes, including desserts, sauces, and beverages, providing a creamy texture and enhancing flavors without dairy-derived ingredients. Manufacturers in the market are focusing on innovation to improve taste, nutritional profiles, and functional properties of dairy-free evaporated milk, appealing to a broader audience seeking healthier and sustainable alternatives.

The market landscape includes a mix of established dairy-free brands and new entrants, each striving to capture market share through product differentiation, distribution expansion, and strategic partnerships. Regulatory support for plant-based products in several regions further bolsters market growth, encouraging investment in research and development to meet evolving consumer preferences and regulatory standards.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Form
    3. Market Snapshot, By Nature
    4. Market Snapshot, By Source
    5. Market Snapshot, By End Use
    6. Market Snapshot, By Region
  4. Global Dairy-Free Evaporated Milk Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Health-conscious consumers
        2. Vegan and lactose-intolerant population
        3. Rising demand for plant-based alternatives
        4. Increasing disposable incomes
        5. Growing awareness of dairy allergies
      2. Restraints
        1. Taste and texture differences
        2. Higher production costs
        3. Limited consumer awareness
        4. Regulatory challenges
        5. Competition from dairy alternatives
      3. Opportunities
        1. Expansion into new markets
        2. Product innovation and diversification
        3. Rising health trends
        4. Online retail growth
        5. Partnerships with food service providers
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Dairy-Free Evaporated Milk Market, By Type, 2021 - 2031 (USD Million)
      1. Sweetened
      2. Unsweetened
    2. Global Dairy-Free Evaporated Milk Market, By Form, 2021 - 2031 (USD Million)
      1. Dry
      2. Liquid
    3. Global Dairy-Free Evaporated Milk Market, By Nature, 2021 - 2031 (USD Million)
      1. Organic
      2. Conventional
    4. Global Dairy-Free Evaporated Milk Market, By Source, 2021 - 2031 (USD Million)
      1. Coconut Milk
      2. Soy Milk
      3. Oat Milk
      4. Other
    5. Global Dairy-Free Evaporated Milk Market, By End Use, 2021 - 2031 (USD Million)
      1. Bakery & Confectionery
      2. Dairy Products
      3. Sauces, Soups and Dressings
    6. Global Dairy-Free Evaporated Milk Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. Oatly
      2. Califia Farms
      3. Silk (Danone North America)
      4. So Delicious Dairy Free (Danone North America)
      5. Coconut Dream (Hain Celestial Group)
      6. Alpro (Danone)
      7. Pacific Foods (Campbell Soup Company)
      8. Ripple Foods
      9. Elmhurst 1925
      10. Good Karma Foods
  7. Analyst Views
  8. Future Outlook of the Market