Articles Tagged with ''dairy alternative''

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Study: Dairy alternatives market worth $29.6B by 2023

The market for almond-based products witnesses a significant demand in the dairy alternatives market.
January 16, 2019
The dairy alternatives market is projected to grow from $17.3 billion in 2018 to $29.6 billion by 2023, at a CAGR of 11.4% during the forecast period, according to a study produced by MarketsandMarkets, New York.
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Dairy alternative beverages market projected to grow

The supermarket segment takes up the largest share in the market.
March 21, 2018
The dairy alternative beverages market is projected to gain thanks to robust urbanization, diet diversification and mounting awareness of health and fitness, according to a study released by Radiant Insights, Inc., San Francisco.
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Study: Plant-based foods sales experience 8.1% growth over past year

The data showed that plant-based dairy alternatives are a fast-growing category, with 20% growth, topping $700 million in sales over the past year.
September 13, 2017
The Plant Based Foods Association, San Francisco, and The Good Food Institute, Washington, D.C., released new data commissioned from Nielsen, Chicago, which shows the total market for the plant-based food sector topping $3.1 billion in sales.
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Daiya Foods Cheezecake

Otsuka acquires Daiya, expands plant-based foods portfolio

Daiya produces a line of plant-based foods, including Greek yogurt alternatives, frozen pizza, frozen cheesecake, cream cheese-style spreads and cheese alternatives.
July 27, 2017
Canada-based Otsuka Pharmaceutical Co., Ltd. announced plans to acquire 100% of Daiya Foods Inc., a Canada-based manufacturer of plant-based foods.
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