Industry Analysis & Industry Trends
The Soy and Almond Milk Production industry has benefited from the health and wellbeing movement, which has led to an increase in the popularity of non-dairy beverages such as soy and almond milk. Soy milk accounts for the lion's share of industry revenue, due to its superior nutritional qualities of being high in protein and low in sodium and saturated fats. Smaller segments, such as almond, rice and coconut milk, have also grown rapidly, but account for only small shares of industry revenue. Other sociological and biological factors are driving industry revenue. Vegetarianism and veganism are gaining momentum and the incidences of lactose intolerance and food allergies are growing... purchase to read more
Industry Report - Industry Products Chapter
The non-dairy beverage market has grown strongly over the past decade, with a large number of plant-based milks available. Like their dairy counterparts, industry products include flavoured, sweetened, unsweetened, low-fat or no-fat and fortified varieties. Some blends are formulated to address specific health concerns, such as cardiovascular health, digestive health, energy and calcium absorption.
Soy milk is the most popular dairy-alternative beverage, accounting for the majority of product introductions in the industry. Soy milk is extracted from mature soybeans and often mixed with water and a sweetener... purchase to read more