Europe Dairy Alternatives Market Forecast and Statistics, Growth Prospective 2028

The Europe dairy alternatives market is expected to grow from US$ 5,264.35 million in 2022 to US$ 9,597.79 million by 2028. It is estimated to grow at a CAGR of 10.5% from 2022 to 2028. 

The vegan movement is gaining considerable momentum, evidenced by Veganuary's impressive growth. In 2022, over 620,000 individuals signed up for their January vegan pledge, marking a 200% surge in registrations over the preceding three years. This dietary shift is largely fueled by increasing awareness of health and environmental sustainability. The livestock sector stands out as a major contributor to human-caused greenhouse gas emissions, with the dairy industry alone accounting for 30% of this total. Numerous studies highlight the significant potential of vegan diets to reduce carbon dioxide emissions.  

Consequently, many organizations champion veganism as a vital tool in combating the climate crisis. Growing consumer understanding of the environmental impact of livestock farming is a key driver behind the increasing adoption of plant-based dairy alternatives. These products help minimize carbon footprints, conserve precious water and natural resources, and lessen overall environmental burdens. This shift in consumer preference is a significant factor propelling the growth of the Europe dairy alternatives market.  

Furthermore, heightened health consciousness and a greater focus on animal welfare are pushing consumers toward plant-based and vegan-friendly options. With rising rates of obesity, diabetes, and other health issues, individuals are increasingly motivated to modify their diets. Plant-based products are often perceived as healthier alternatives to conventional animal-based foods. This perception is leading health-conscious consumers to rapidly replace traditional dairy products with plant-based alternatives, further boosting the Europe dairy alternatives market.  

For vendors, incorporating innovative features and technologies presents a significant opportunity to attract new customers and expand their presence in emerging markets. This dynamic is projected to drive the Europe dairy alternatives market at a promising Compound Annual Growth Rate (CAGR) throughout the forecast period.

Europe dairy alternatives market Strategic Insights

Strategic insights for the Europe Dairy Alternatives market offer a data-driven perspective on the industry's landscape, encompassing current trends, key market players, and regional variations. These insights provide actionable recommendations, empowering stakeholders to differentiate themselves by identifying untapped market segments or developing unique value propositions. By leveraging data analytics, industry participants can anticipate market shifts, whether they are investors, manufacturers, or other stakeholders. This forward-looking approach is crucial for long-term success in this dynamic European market. Ultimately, these strategic insights enable informed decision-making, fostering profitability and the achievement of business objectives within the market.  

Europe dairy alternatives market Regional Insights

The geographic scope of the Europe Dairy Alternatives market defines the specific regions where businesses operate and compete. Understanding local nuances is paramount for tailoring effective market strategies. This includes recognizing diverse consumer preferences (such as varying demands for specific product attributes), navigating differing economic conditions, and adhering to diverse regulatory environments. By identifying underserved areas or adapting product offerings to meet local demands, businesses can expand their market reach. A focused market approach allows for more efficient resource allocation, targeted marketing campaigns, and improved positioning against local competitors, ultimately driving growth within those specific European regions.

Segments Covered

Europe dairy alternatives market By Source

• Soy
• Almond
• Coconut
• Oats

Europe dairy alternatives market By Product Type

• Milk
• Ice Cream
• Yogurt
• Cheese

Europe dairy alternatives market By Distribution Channel

• Supermarkets & Hypermarkets
• Convenience Stores
• Online Retail

Europe dairy alternatives market Regions and Countries Covered

Europe

• UK
• Germany
• France
• Russia
• Italy
• Rest of Europe

Europe dairy alternatives market leaders and key company profiles

• Blue Diamond Growers
• Califia Farms, LLC
• Danone S.A.
• Nestlé SA
• Oatly Inc.
• Valio Ltd
• Valsoia S.p.A.

Other Reports:

Europe Vanilla Market: https://business-news-insights.blogspot.com/2025/05/europe-vanilla-market-swot-analysis-to.html 

Europe E-Bike Market: https://sites.google.com/view/e-bike-e/home 

Europe Smart Kitchen Appliance Market: https://penzu.com/p/5bef8e7a5738aa6b 

Europe Plasma Fractionation Market: https://github.com/SuryakantGadekar/Business-Market-Insights/issues/40 

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Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights