At least nine different plants are used to make milk alternatives, including almond, cashew, coconut, flax, hemp, macadamia nut, oat, rice and soy. And the category is exploding.
Toward the end of 2018, I penned a column defending Dairy Foods' coverage of the plant-based dairy-alternative space. The column was in response to reader feedback suggesting such coverage was harming dairy farmers and the dairy processing industry.
Silk introduced its first soy-based beverage decades ago; the Danone North America brand is now a leader in plant-based product innovation that goes well beyond soy
Back in 1977, milk, the genuine dairy kind, was still a mealtime staple for most families. In fact, per-capita fluid milk consumption stood at 247 pounds, a whopping 101 pounds more than the tally in 2018, according to data from the USDA Economic Research Service.
In the North American region, high growth is expected due to increases in population and other factors.
January 6, 2020
The global plant-based protein market was estimated to be valued at USD $18.5 billion in 2019 and is likely to reach USD $40.6 billion by 2025, growing at a CAGR of 14% during the forecast period, according to a new report offered by ResearchandMarkets.com, Dublin.
Consumption grew by almost 30% in the United States between 2014 and 2018.
October 16, 2019
Consumption of plant-based drinks grew by almost 30% in the United States between 2014 and 2018, from 2.8 to 3.6 liters per person, according to a new report from Bath, England-based Zenith Global.
If William McCormack, business development manager for nutrition at Wauconda, Ill.-based Synergy Flavors, noticed anything at the recent Natural Products Expo West in Anaheim, Calif., it's that the current fad for plant-based dairy alternatives is anything but a fad.