Study: Dairy Alternative Segment Does Milk Market Good
More and more refrigerators nationwide are being stocked with almond milk and other assorted dairy alternatives, thus presenting a clear a shift in the U.S. beverage market, according to “Dairy and Dairy Alternative Beverage Trends in the U.S.,” a new report by New York-based market research publisher Packaged Facts.
"The next several years will see intensified competition between dairy and dairy alternative beverages, as both consumer comfort with the alternatives and criticism of dairy foods continue to grow," says David Sprinkle, research director for Packaged Facts. "Sales of plant-based dairy alternatives, especially almond milk, show no signs of slowing, and new alternative sources are expected to drive the alternative segment even faster and higher over the next several years."