Dry peas specifically are receiving notoriety as yellow pea protein — a soy and gluten - free meat, egg, and dairy alternative — is now a key ingredient in Beyond Meat's products, Hampton Creek's Just Mayo, and newcomer to
the alternative dairy market, Ripple's nondairy milk.
Not exact matches
Indeed,
market research firm Mintel predicts that US
dairy milk sales overall will fall 11 % to $ 15.9 billion from 2015 through 2020, due in part to consumers reaching for other beverages, such as plant - based
dairy alternatives, sales of which will grow from $ 2 billion to $ 3 billion by 2020.
As you can see by the rapidly rising numbers in the
dairy - free
markets as a whole, consumers are actively looking for healthier
alternatives to
dairy proteins.
«A recent example is our response to a
dairy market plagued by rising ingredient costs and customer requests to provide them
alternatives,» he continues.
As a former nutritionist, the entrepreneur said the product stands out in the
dairy free industry because there was nothing on the
market that was an
alternative to soya based products.
The
market researcher's data showed that plant - based
dairy alternatives are the fast - growing category — with 20 % growth — topping $ 700m in sales over the past year.
From the early days — introducing their unique nut milks at local farmers
markets to families thirsty for a healthier
alternative to
dairy — to guiding their explosive growth at groceries across the country today, Justin is committed to MALK's mission and its success.
The
dairy -
alternative drinks available on the
market started out with coconut and soya decades ago.
According to Innova
Market Insights, sub-categories demonstrating growth for global product launch activity tracked with an energy / alertness positioning in 2015 from 2014 include Fruit - Based Snacks (+105 %), Snack Nuts & Seeds (+141 %), Yogurt (+60 %) and
Dairy Alternative Drinks (+32 %).
«The
dairy alternatives market has seen rising levels of interest in recent years, spurred mainly by consumers increasingly looking for lactose - free, dairy - free and plant - based / vegan options as healthy lifestyle choices, rather than regarding them as simply for those with allergies or intolerances,» says Lu Ann Williams, Director of Innovation at Innova Market Ins
market has seen rising levels of interest in recent years, spurred mainly by consumers increasingly looking for lactose - free,
dairy - free and plant - based / vegan options as healthy lifestyle choices, rather than regarding them as simply for those with allergies or intolerances,» says Lu Ann Williams, Director of Innovation at Innova
Market Ins
Market Insights.
The global
market for
dairy alternative drinks is expected to reach $ 16.3 billion in 2018, up dramatically from $ 7.4 billion in 2010.
Expansion of the
market for plant - based
dairy alternative beverages will also be driven by new offerings like cashew milk and hemp milk and combination formulations with such ingredients as chia and quinoa.
Launches of
dairy -
alternative beverages, for example, have more than doubled globally since 2012.1 Demand for
dairy alternatives has transformed a niche category into a mainstream
market, creating a global opportunity for food and beverage manufacturers to diversify their offerings.
However, sales of
dairy alternatives and lactose - free produce have benefited from increased
marketing activity as well as improved availability in terms of variety and distribution.»
This was part of a general trend of
dairy alternatives, the
market researcher firm said, with volume sales of fresh
dairy cream declining by 2 % in the UK in the same two year period, and non-
dairy alternatives increasing 12 %.
When the milk was originally
marketed in 2003, it was sold as a «risk free
alternative» to standard milk produced by
dairy giant Fonterra, which contains a mix of A1 and A2 beta casein proteins.
Vegenaise ® was the first egg - free mayo on the
market and, since then, we have continued to create egg - free and
dairy - free
alternatives for consumers seeking delicious and healthy options.
It is almond milk that accounts for much of the global growth in the plant - based
dairy alternatives market.
It is estimated that in 2013 alone, more than 1,000 new plant - based
dairy alternative products came onto the
market — around twice as many as five years ago.
But today the
market for plant - based dairy alternatives made from ingredients such as soy, almond and oats is tipped to $ 20bn in the next six years globally according to Allied Market Research - an annual growth rate of 13 %, figures the dairy industry would kil
market for plant - based
dairy alternatives made from ingredients such as soy, almond and oats is tipped to $ 20bn in the next six years globally according to Allied
Market Research - an annual growth rate of 13 %, figures the dairy industry would kil
Market Research - an annual growth rate of 13 %, figures the
dairy industry would kill for.
Coca - Cola Co.'s decision to take UK smoothie and juice brand Innocent into the
dairy alternatives market raised eyebrows but the move has ga...
Alternative dairy milks made from cashews, soy, coconut and almond are selling twice as fast as the
market average.
Recombination is an
alternative method of supplying a product that closely resembles fresh
dairy milk to
markets where the genuine article is not available.
«Our guests asked for a vegan and
dairy - free
alternative, and based on their feedback, it is now available in all of our locations,» stated WisePies Pizza & Salad VP of
Marketing, Season Elliott.
We can help you develop and deliver best - selling
alternative dairy beverages to the right
markets all over the world.
Facing a
market insurgency from plant - based
alternatives, some
dairy brands at Expo West looked for ways to push back against the tide.
It also makes it possible for brands to meet the increasing demand of the loyal vegan
market which is larger than it appears, with 65 % of households having purchased plant - based
alternatives to meat and / or
dairy.
Non-
dairy foods and milk substitutes have also become increasingly common: in 2015, the U.S.
dairy alternatives market was worth 2.09 billion, and growing.
These appeal to the growing
market trends seeking
alternatives to
dairy while adhering to the strict regulations for the lactose intolerance, vegan, raw, and Kosher consumer.
Additionally, due (in part) to the lobbying and
marketing efforts of the
dairy industry, many healthcare providers advising families about nutrition are educated most heavily regarding the nutritional aspects of
dairy - based milk, as opposed to
alternative nutritional sources.
Around 15 per cent of people in Europe now avoid
dairy products for medical or lifestyle reasons, and the
market for
dairy - free
alternatives is growing rapidly.
The
dairy alternative market has gotten huge in recent years, probably because of the rise in lactose intolerance.
With sales of cow's milk on a consistent decline as consumers opt out of
dairy products for a variety of reasons, such as lactose intolerance, veganism and eco-mindfulness (milk does come from carbon footprint — heavy cows, after all), the
market for
alternatives is fertile ground for food tech innovators like Ripple.
Due to these adverse affects, more and more people over the past few decades are consuming less
dairy and replacing it with the nut milks and other
dairy alternatives now available on the
market.
From the early days — introducing their unique nut milks at local farmers
markets to families thirsty for a healthier
alternative to
dairy — to guiding their explosive growth at groceries across the country today, Justin is committed to MALK's mission and its success.
No doubt this proliferation of choices comes from an increased
market demand for milk
alternatives due to limited access to good sources of raw cow or goat milk,
dairy allergies, and growing trends toward plant - based vegan diets.
But there are many
dairy - free
alternatives on the
market.
Non-
dairy foods and milk substitutes have also become increasingly common: in 2015, the U.S.
dairy alternatives market was worth 2.09 billion, and growing.