Germany Dairy Alternatives Market Size, Share, and COVID-19 Impact Analysis, By Source (Soy, Almond, Coconut, Rice, Oats, and Others), By Product (Non-Dairy Milk, Butter, Cheeses, Yogurts, Ice Cream, and Others), By Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Online Retail, and Others), and Germany Dairy Alternatives Market Insights, Industry Trend, Forecasts to 2033

Germany Dairy Alternatives Market Insights Forecasts to 2033

• The Germany Dairy Alternatives Market Size Was Valued at USD 1.95 Billion in 2023.
• The Germany Dairy Alternatives Market Size is Growing at a CAGR of 12.71% from 2023 to 2033
• The Germany Dairy Alternatives Market Size is Expected to reach USD 6.45 Billion By 2033

The Germany Dairy Alternatives Market Size is Anticipated to Exceed USD 6.45 Billion By 2033, Growing at a CAGR of 12.71% from 2023 to 2033. The increasing consumer awareness about health benefits, a shift towards vegetarian and flexitarian diets, and demand for sustainable & plant-based options are driving the dairy alternatives market in the Germany.     

Market Overview

Dairy alternatives market is the industry for plant-based substitutes for dairy products, driven by consumer need for healthier, sustainable, and ethical food choices. The dairy alternative products include soy, almond, oat, coconut, and cashew-based alternatives that mimic the function and texture of dairy products. Dairy alternative products, including vegan milk, are intensively marketed as a healthy, sustainable, and animal-friendly alternative. There is a surging need for plant milk and other dairy alternative products with the evolution and changing dietary lifestyles, as well as growing veganism and flexitarianism. The changing preference for plant-based products, the influence of Western culture, and environmental sustainability concerns are the factors promoting the dairy alternative market growth. The introduction of a wide variety of plant-based products by the key players to cater to the dietary needs of consumers is escalating the market opportunities for dairy alternatives.

Report Coverage

This research report categorizes the market for the Germany dairy alternatives market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Germany dairy alternatives market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Germany dairy alternatives market.

Driving Factors

Increasing consumer awareness about the health benefits of dairy alternatives due to their low saturated fat and cholesterol content and the presence of essential nutrients such as calcium, vitamin D, and vitamin B12 is driving the dairy alternatives market. About 4.3% of adults aged 18 to 79 usually follow a vegetarian diet more commonly among women as compared to men. The shift toward vegetarian and flexitarian diets is propelling the market for dairy alternatives. The demand for sustainable & plant-based options, including soy, oat, or pea milk, which have a lower environmental impact than cow’s milk, is promoting the dairy alternative market.

Restraining Factors

The limited availability of dairy alternative products in convenience stores negatively impacts market growth. The health concern associated with some non-dairy products may hinder the market demand.

Market Segmentation

The Germany dairy alternatives market share is classified into source, product, and distribution channel.

• The soy segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected timeframe.

Based on the source, the Germany dairy alternatives market is divided into soy, almond, coconut, rice, oats, and others. Among these, the soy segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected timeframe. Soy milk is used for making products including soy yogurt, soy cream, soy kefir, and soy-based cheese analogues. The availability of well-branded products and their popularity, especially among younger consumers, are driving the market.

• The non-dairy milk segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected timeframe.

Based on the product, the Germany dairy alternatives market is divided into non-dairy milk, butter, cheeses, yogurts, ice cream, and others. Among these, the non-dairy milk segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected timeframe. Non-dairy milk is derived from plant-based ingredients, including cereal, legumes, nut, cashews, seed, or pseudo-cereals. The growing interest for developing milk from plant based sources by the key market players is propelling the market growth.

• The supermarkets & hypermarkets segment dominated the Germany dairy alternatives market in 2023 and is expected to grow at a significant CAGR during the projected timeframe.

Based on the distribution channel, the Germany dairy alternatives market is divided into supermarkets & hypermarkets, convenience stores, online retail, and others. Among these, the supermarkets & hypermarkets segment dominated the Germany dairy alternatives market in 2023 and is expected to grow at a significant CAGR during the projected timeframe. Supermarkets & hypermarkets offer a wide variety of plant-based options, catering to diverse consumer preferences. The proximity, accessibility, and affordability of products in supermarkets & hypermarkets is supporting the market.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Germany dairy alternatives market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• AlnaturA Produktions- und Handels GmbH
• Bel Group
• Danone SA
• Nestlé SA
• Oatly Group AB
• Simply V
• Upfield Holdings BV
• VBites Foods Ltd
• Veganz Group
• Wilmersburger GmbH
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In May 2022, Swedish coffee chain Espresso House, which operates 35 stores in Germany, extended an existing partnership with Oatly to serve Oatly Barista Edition across its coffee shops in the Nordics and Germany.  

Market Segment

This study forecasts revenue at Germany, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Germany dairy alternatives Market based on the below-mentioned segments:

Germany Dairy Alternatives Market, By Source

• Soy
• Almond
• Coconut
• Rice
• Oats
• Others

Germany Dairy Alternatives Market, By Product  

• Non-Dairy Milk
• Butter
• Cheeses
• Yogurts
• Ice Cream
• Others

Germany Dairy Alternatives Market, By Distribution Channel

• Supermarkets & Hypermarkets
• Convenience Stores
• Online Retail
• Others