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Global dairy alternatives industry to generate $55.4 billion by 2031

Global dairy alternatives industry to generate $55.4 billion by 2031 - Dairy News 7X7

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

Global dairy alternatives industry to generate $55.4 billion by 2031 - Dairy News 7X7

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, […]

Exploring the growth of plant-based milk alternatives

Exploring the growth of plant-based milk alternatives - Dairy News 7X7

Plant-based milk alternatives are the largest plant-based food category in North America and grew 5% last year. In fact, the plant-based milk alternatives market now accounts for around 10% of the global “milk” market, and the growing number of consumers of plant-based milk alternatives have more choices than ever before. The most popular plant-based milk […]

Exploring the growth of plant-based milk alternatives

Exploring the growth of plant-based milk alternatives - Dairy News 7X7

Plant-based milk alternatives are the largest plant-based food category in North America and grew 5% last year. In fact, the plant-based milk alternatives market now accounts for around 10% of the global “milk” market, and the growing number of consumers of plant-based milk alternatives have more choices than ever before. The most popular plant-based milk […]

Amul slams companies selling Protein based beverages as milk

Amul slams companies selling Protein based beverages as milk - Dairy News 7X7

Amul is strongly opposing companies that are selling almond, soya, oats and rice beverages as milk and could be considering taking them to court to stop this practice. “Ten crore dairy farmers for whom milk is an instrument of socio-economic development are going to fight this misinformation campaign done by some companies and NGOs (non-governmental organisations) […]

Is Almond milk most resource intensive amongst plant based category ?

Is Almond milk most resource intensive amongst plant based category ? - Dairy News 7X7

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 […]