Dairy-free Evaporated Milk Market

By Flavour;

Plain, Sweetened, Unsweetened, and Flavoured

By Nature;

Organic and Conventional

By Source;

Coconut Milk, Soy Milk, Oat Milk, and Other

By End Use;

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

By Geography;

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

Dairy-Free Evaporated Milk Market Overivew

Dairy-Free Evaporated Milk Market (USD Million)

Dairy-Free Evaporated Milk Market was valued at USD 31.79 million in the year 2024. 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%.


Dairy-free Evaporated Milk Market

*Market size in USD million

CAGR 11.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)11.0 %
Market Size (2024)USD 31.79 Million
Market Size (2031)USD 66.00 Million
Market ConcentrationLow
Report Pages312
31.79
2024
66.00
2031

Major Players

  • Oatly
  • Califia Farms
  • Silk (Danone North America)
  • So Delicious Dairy Free (Danone North America)
  • Coconut Dream (Hain Celestial Group)
  • Alpro (Danone)
  • Pacific Foods (Campbell Soup Company)
  • Ripple Foods
  • Elmhurst 1925
  • Good Karma Foods

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Dairy-free Evaporated Milk Market

Fragmented - Highly competitive market without dominant players


The global dairy-free evaporated milk market is gaining momentum as consumer preferences shift toward plant-based alternatives. Over 40% of shoppers now prefer dairy-free options, driven by increasing awareness of lactose intolerance and the popularity of vegan diets. This growing demand highlights the product’s importance in modern food consumption.

Health Benefits and Versatile Usage
One of the key strengths of dairy-free evaporated milk is its ability to combine health benefits with versatility. Around 35% of consumers actively choose products that offer nutrition while fitting seamlessly into daily cooking. Its use in both desserts and savory dishes makes it a convenient substitute for conventional dairy products.

Product Innovation Driving Market Growth
Innovation is at the core of market expansion, with nearly 30% of new offerings focusing on improved flavor and fortified nutrition. Brands are increasingly enhancing their formulations with added vitamins, minerals, and natural ingredients to meet the expectations of health-conscious consumers. These advancements are boosting product appeal and market acceptance.

Lifestyle Trends Supporting Demand
Consumer interest in clean-label, allergen-free, and naturally sourced foods is fueling steady growth in this market. More than 50% of buyers are now inclined toward products without artificial additives, reinforcing the role of dairy-free evaporated milk in healthier dietary patterns. This aligns closely with sustainable and ethical lifestyle choices.

Positive Outlook for Market Expansion
The dairy-free evaporated milk market is expected to experience significant growth as demand spreads across households, food services, and packaged food production. Continuous product development, strong consumer adoption, and supportive lifestyle trends are laying the foundation for sustained progress in the years ahead.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Flavour
    2. Market Snapshot, By Nature
    3. Market Snapshot, By Source
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Region
  4. 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. Dairy-Free Evaporated Milk Market, By Flavour, 2021 - 2031 (USD Million)
      1. Plain
      2. Sweetened
      3. Unsweetened
      4. Flavoured
    2. Dairy-Free Evaporated Milk Market, By Nature, 2021 - 2031 (USD Million)
      1. Organic
      2. Conventional
    3. Dairy-Free Evaporated Milk Market, By Source, 2021 - 2031 (USD Million)
      1. Coconut Milk
      2. Soy Milk
      3. Oat Milk
      4. Other
    4. Dairy-Free Evaporated Milk Market, By End Use, 2021 - 2031 (USD Million)
      1. Bakery & Confectionery
      2. Dairy Products
      3. Sauces
      4. Soups
      5. Dressings
    5. 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