Items Tagged with 'soy milk'

Sales in several dairy alternative subcategories soured for the 52-week period ending June 16, according to new data provided by Chicago-based market research firm Circana. 

Just one in five Americans usually drink their coffee black, according to a 2022 YouGov poll.

The global dairy alternatives market was valued at $23 billion in 2021 and is estimated to reach $65.33 billion by 2030, growing at a compound annual growth rate (CAGR) of 12.3%, according to Pune, India-based Straits Research. 

At first glance, oats and coconuts have little in common. But they certainly share one thing: as milk alternative products, both products are flying off the shelves.

Innovation abounds in protein ingredients and dairy applications. In the plant-protein category, soy remains a strong player due to its nutritional profile, but pea is the most sought after plant protein, according to experts. 

Demand for plant-based milk is particularly high due to increased cases of lactose intolerance and increased awareness of its high nutritional benefits. 

Oat milk, kefir and RTD coconut milk have strong years ending June 12, 2022. In fact, IRI data suggests refrigerated oat milk saw strong growth with sales of $454.3 million, increasing nearly 53% year over year. Find out what brands thrived.