As per MarkNtel Advisors the Southeast Asia Plant-Based Dairy Products Market size was valued at around USD 1.41 Billion in 2024 and is projected to reach USD 1.98 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.88% during the forecast period, i.e., 2025-30. The main reason behind this growth is the availability of numerous products in the market with superior taste and competitive prices, that have attracted a wide customer base. For instance, as per a survey, around 38% of people choose plant-based milk over natural one.

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Southeast Asia Plant-Based Dairy Products Market Systems Market Segmentation:

By Type

• Milk- Market Size & Forecast 2020-2030F, USD Million
• Cheese- Market Size & Forecast 2020-2030F, USD Million
• Yogurt- Market Size & Forecast 2020-2030F, USD Million
• Others- Market Size & Forecast 2020-2030F, USD Million

By Nature

• Organic- Market Size & Forecast 2020-2030F, USD Million
• Conventional- Market Size & Forecast 2020-2030F, USD Million

By Material

• Almonds- Market Size & Forecast 2020-2030F, USD Million
• Soybean- Market Size & Forecast 2020-2030F, USD Million
• Blends- Market Size & Forecast 2020-2030F, USD Million
• Coconuts- Market Size & Forecast 2020-2030F, USD Million
• Oats- Market Size & Forecast 2020-2030F, USD Million
• Rice- Market Size & Forecast 2020-2030F, USD Million
• Others- Market Size & Forecast 2020-2030F, USD Million

By Sales Channel

• Supermarkets/Hypermarkets- Market Size & Forecast 2020-2030F, USD Million
• Convenience Stores- Market Size & Forecast 2020-2030F, USD Million
• Specialty Stores- Market Size & Forecast 2020-2030F, USD Million
• E-Commerce- Market Size & Forecast 2020-2030F, USD Million
• Others- Market Size & Forecast 2020-2030F, USD Million

By End Use

• Bakery & Confectionary- Market Size & Forecast 2020-2030F, USD Million
• Snacks & Savouries- Market Size & Forecast 2020-2030F, USD Million
• Ready Meals- Market Size & Forecast 2020-2030F, USD Million
• HoReCa- Market Size & Forecast 2020-2030F, USD Million
• Dietary Supplements- Market Size & Forecast 2020-2030F, USD Million
• Others - Market Size & Forecast 2020-2030F, USD Million

By Country

• Singapore
• Malaysia
• Indonesia
• Thailand
• Philippines
• Vietnam
• Rest of Southeast Asia

Southeast Asia Plant-Based Dairy Products Market Recent Development:

2024: Alpro introduces six new products in its chilled portfolio including Plant Protein Chocolate and Mixed Berries Variants. These products are introduced to meet the consumers’ strong desire for added protein in food and drinks.

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Southeast Asia Plant-Based Dairy Products Market Drivers:

Increasing Health Considerations – The focus of many consumers in this region is growing on their health, inclining them towards food that provides nutritional benefits without the problems that are associated with traditional dairy products. Plant-based dairy items are believed to be healthier options, often containing lower amounts of lactose and fat. Moreover, the additional nutrients which include calcium and numerous vitamins, have made them an even more attractive choice for health-focused customers. This has inclined various companies to increase the production of plant-based products. For instance, Kaslink, a food company in Finland collaborated with Tetra Pak to launch their plant-based dairy products in the market and also announced the launch of more such products to align with this growing trend. Therefore, the health advantages provided by plant-based dairy without the side effects of traditional dairy have attracted a wide consumer base in past years, mainly the young generations and adults, and this trend is expected to continue in the future as well.

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Report Highlights Essential Insights for Strategic Decision-Making

• Detailed market size, share, and forecast analysis
  • In-depth pricing trends and segment-wise cost evaluations
  • Key industry strategies, including innovation, partnerships, and acquisitions
  • Critical value chain analysis and stakeholder profiling
  • Regional import-export market insights and trade flow assessment
  • Thorough competitive benchmarking of top hearing aid manufacturers
  • Identification of new growth opportunities and niche market segments
  • Overview of market trends, drivers, and challenges shaping future demand

Some of the leading players in the Southeast Asia Plant-Based Dairy Products Market are:

• Alpro
• Oatly Group
• Vinamilk
• Valsoia
• Sysco Simply
• Plantstrong
• SunOpta
• Pacific Foods
• Tetra Pak
• Ripple Foods
• Yofiit
• Hain Celestial
• Others

Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

• Define objectives and research design
• Collect data through surveys and interviews
• Analyze and validate data using reliable tools
• Forecast trends and deliver actionable insights

About us:

MarkNtel Advisors is a leading global market intelligence firm specializing in the food and beverages industry, encompassing food supplements & additives, food logistics, and warehousing solutions. We deliver comprehensive research on supply chain efficiency, evolving consumption trends, and regulatory shifts. With our Custom Market Analysis, we offer tailored insights to manufacturers, distributors, and investors, helping them optimize operations, strengthen market positioning, and drive sustainable growth in the global F&B ecosystem.

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