Dairy majors scramble for plant-based alternatives
A rapidly increasing number of environmentally-conscious consumers opt for cruelty-free ethical products and brands force large international milk product companies to shift their focus on manufacturing plant-based dairy products. Globally, the market for plant-based or milk alternatives is one of the fastest-growing segments in the functional and specialty beverages area of newer food product development. […]
Three key trends shaping the future of dairy alternatives market through 2028
A report by Global Market Insights Inc. claims the dairy alternatives market to be worth USD 49 billion by 2028 end. The demand for dairy alternatives seems to be growing appreciably over the last few years, with no visible signs of deceleration whatsoever. Increasing consumption of plant-based milk is at the forefront of this growth, […]
Meat and dairy alternatives are growing more sophisticated
Being a vegan at the summer barbeque has never been easier. Plant-based alternatives to meats and cheeses have gotten more sophisticated and plentiful, drawing in the flexitarian crowd, which wants to reduce its meat consumption but certainly has little interest in compromising the taste and texture of their favorite burger or hot dog. For vegans […]
Global dairy alternatives industry to generate $55.4 billion by 2031
According to a report by Allied Market Research , the global dairy alternatives industry generated $13.1 billion in 2020 and is anticipated to generate $55.4 billion by 2031 witnessing a CAGR of 13.99% from 2022 to 2031. The market researchers attributed the growth to several factors, including a rise in the number of people allergic to dairy, […]
Global dairy alternatives industry to generate $55.4 billion by 2031
According to a report by Allied Market Research , the global dairy alternatives industry generated $13.1 billion in 2020 and is anticipated to generate $55.4 billion by 2031 witnessing a CAGR of 13.99% from 2022 to 2031. The market researchers attributed the growth to several factors, including a rise in the number of people allergic to dairy, […]
EU surpasses FSSAI by banning dairy packagings for alternatives
The dairy industry is continuing its campaign against vegan alternatives for their products, like oat milk. A new set of rules, known as Amendment 171, would make it impossible for producers of such dairy alternatives to use similar packagings, such as yoghurt tubs or milk cartons. ‘Creamy’ or ‘contains no milk’ no longer allowed Oatly, among […]
August 22 is celebrated as World Plant Milk Day 2020
When it comes to milk, it is not only from animals that we can procure it but from plants as well, and the latter is fast becoming popular as a healthier option. Usually, the first thing that comes to mind when talking about milk is the cow, but over the years we have been hearing […]
Is Almond milk most resource intensive amongst plant based category ?
The whole world is becoming environmental friendly and COVID will make many more joining this movement soon. People in the west have already begun to shift to plant based alternatives from dairy milk. In USA consumption of almond milk has grown by over 250% in last 5 years. It has led to closure of a […]
