Sentences with phrase «alternative dairy sales»

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 milk alternatives made from almonds, coconut and some other decidedly non-dairy sources increase in popularity, dairy milk sales continue on a downward spiral.
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.
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 %.
I know that some vegans can have a hard time giving up certain meat or dairy products, and there seems to be a plethora of vegan alternatives for sale.
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.
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