Non-dairy milk sales are booming. Consumers are living by the health-is-wealth mantra and swapping traditional dairy milk with a high saturated fat content with plant-based alternatives. Plant-based beverages are hailed as more sustainable and appealing to the eco-warrior, using fewer resources (land, water, and energy) and emitting lower greenhouse gases than traditional cow's milk. Operators in the Non-Dairy Milk Production industry manufacture non-dairy milk substitute beverages. These products are usually plant-based and may be made from soybeans, almonds, hemp, coconut, rice or oats.Milk and honey: Gen Z are becoming a big source of spending power, pushing sales
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY
INDUSTRY PERFORMANCE
PRODUCTS & MARKETS
COMPETITIVE LANDSCAPE
OPERATING CONDITIONS
KEY STATISTICS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alpro (UK) Ltd
- First Grade International Ltd
Methodology
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