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Stock impact report

Plant Milk Market Industry Forecast Report 2025-2034, with Profiles of Blue Diamond Growers, Califia Farms, Danone, Elmhurst 1925, Mooala, Oatly, Plenish, Ripple Foods, SunOpta, WhiteWave ...

Oatly Group AB - American Depositary Shares (OTLY) 
Company Research Source: Yahoo! Finance
The Plant Milk Market was valued at USD 21.1 billion in 2024, and is projected to reach USD 41 billion by 2034, rising at a CAGR of 6.6%. This growth is fueled by increasing demand for plant-based foods, nutritional enhancements, and strategic partnerships among manufacturers. Consumers are shifting toward dairy alternatives, prompting producers to fortify plant milk with essential nutrients such as calcium, vitamin D, and vitamin B12. This fortification positions plant milk as a comparable substitute for traditional dairy products, further driving adoption. Health-conscious consumers and sustainability concerns are also contributing to market expansion. Awareness of the environmental impact of dairy farming and the growing preference for plant-based diets are accelerating the shift toward plant milk. Additionally, decades of research suggest that plant-based diets help prevent chronic diseases, reinforcing consumer confidence in these alternatives. The market is segmented by sou Show less Read more
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