Sales value of milk substitutes in the United States in mid 2024, by category (in million U.S. dollars)

Almond milk substitutes were the leading type of milk alternatives in the 52 weeks ending on July 14, 2024. The United States (U.S.) almond milk market was valued at approximately  ****  billion U.S. dollars during that time frame. Blue Diamond’s Almond Breeze was the best-selling U.S. almond milk brand, with annual sales amounting to approximately *** million U.S. dollars. Total dollar sales generated by private label products amounted to about ***  million U.S. dollars that year.

Milk substitutes in the United States

The retail sales value of milk alternatives in the United States amounted to **** billion U.S. dollars in 2024. In 2023, other dairy alternatives such as plant-based creamer and yogurt generated sales of ***  and *** million U.S. dollars, respectively. The average American consumer drinks about **** kg of milk substitutes, for an annual consumption of close to a ******* kg of milk alternatives.

Regional milk substitute markets

The APAC milk alternatives market is the largest regional market. It is more than double the size of the North American market. Revenues in North America came close to *** billion U.S. dollars in 2024, compared to about ***** billion U.S. dollars in the APAC region in the same year.