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The demand for plant-based beverages is likely to expand at a CAGR of over 6% through 2028, as per research released by Persistence Market Research, New York.
Nestlé USA, Arlington, Va., expanded its natural bliss line of all-natural dairy and plant-based creamers to include two new dairy-alternative creamers.
The dairy alternatives market is projected to grow from $17.3 billion in 2018 to $29.6 billion by 2023, at a CAGR of 11.4% during the forecast period, according to a study produced by MarketsandMarkets, New York.
The dairy alternative beverages market is projected to gain thanks to robust urbanization, diet diversification and mounting awareness of health and fitness, according to a study released by Radiant Insights, Inc., San Francisco.
Rich Products Corp., Buffalo, N.Y., launched Café Whip, what is said to be the foodservice industry’s first dairy-alternative whipped topping made with coconut milk.
More and more refrigerators nationwide are being stocked with almond milk and other assorted dairy alternatives, according to “Dairy and Dairy Alternative Beverage Trends in the U.S.,” a new report by New York-based market research publisher Packaged Facts.
