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Thanks to the latest report by Report Linker we are happily saying “so long!” to dairy milk. Based on the new market research, the overall dairy alternatives market reached an estimated $7.4 billion in 2016 and is projected to grow to about $14.4 billion by 2022 at a compound annual growth rate (CAGR) of 11.70 percent.

According to Report Linker’s research, coconut milk will be the fastest-growing segment during the period and North America will be the fastest growing region for dairy alternatives. Whoa! 

The research also noted that flavored and unsweetened dairy alternatives are becoming increasingly popular due to an increase in health-conscious consumers, which comes as no surprise. With the rise in lactose intolerance, milk allergies, growing caution over hormones and antibiotics in dairy, as well as animal welfare concerns, consumers are actively seeking dairy-free alternatives and the consumption of dairy has been facing a steady decline for decades. More and more consumers are waking up to the fact the dairy industry not only has a major negative impact on the environment, but milk is also not the nutritional powerhouse that many of us once thought it was. It turns out, we can get the same nutrients from fortified plant-based milk and whole, plant-based foods.

Recent investments in the dairy-free milk space include the acquisition of White Wave, the parent company of So Delicious, by Danone, a major dairy producer.

Report Linker’s research is an indication that a food industry dominated by dairy-free alternatives is not as far off as many would think. Investing in plant-based, vegan, and dairy-free alternatives is not only a smart move but a necessary one for food companies that want to stay in touch with consumer needs and trends.

To learn more about the environmental impact of our food choices as well as trends and developments in the plant-based food space, check out our podcast #EatForThePlanet with Nil Zacharias.

Image Source: bigfatcat/Pixabay

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11 comments on “Milk’s Days Are Numbered! Global Dairy-Free Market Set to Hit $14.4 Billion by 2020”

Click to add comment
Julie Clark
9 Months Ago

Calcium is found in loads of foods that are natural and good for humans to eat, and do not involve horrific cruelty nor leach calcium from our bones. Ever wonder why the western world has the highest level of osteoporosis??

Karen Shoaff
9 Months Ago

They're going to have to fortify everything with calcium or you're going to have a global epidemic of kidney stones and osteoporosis. :D

Leesa White
05 Dec 2017

Milk actually causes osteoporosis...watch FORKS OVER KNIVES.

Mary Allan
05 Dec 2017

Whole sesame seeds contain about 88 mg of calcium per tablespoon of seeds. Just a quarter cup of natural sesame seeds provides more calcium than a whole cup of milk. ... Sesame seeds are also rich in zinc, another mineral that has a positive effect on bone mineral density.

Rosemary Chan
05 Dec 2017

Mary Allan How are you going to get the little children to eat a quarter cup of sesame seeds? I couldn't do that, I like them, but only a few at a time.

Maureen Mitchell
05 Dec 2017

They are fortifying some almond milk I buy.

Sharon Cullinan
05 Dec 2017

Go vegan

Mary Perysinakis
05 Dec 2017

Rosemary Chan Sesame seed pulp is called tahini and found in shops everywhere. It is used in Humus, sprinkled on salads, made into a sauce and eaten with veg. I like to roast cauliflower and make a sauce with tahini, garlic, lemon and a little water. Pour the sauce over the roasted cauliflower and eat. It's really delicious.

Aless AF
05 Dec 2017

Rosemary Chan I know it is not a easy task, but you can do cereal bars and put in all these grains. Cut in smaller sizes, wrap it, so it can looks like candy.

Mary Perysinakis
06 Dec 2017

Or just sprinkle some on your cereal in the morning - delicious with porridge.

9 Months Ago



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