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why plant milk increased recently years?

  • Categories:NEWS
  • Author:Highwin enterprise
  • Origin:
  • Time of issue:2021-04-23 15:07
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(Summary description)Plant milk, which used to be difficult to find in independent cafes, has now sneaked into more and more restaurants, and more and more people have accepted and liked coffee drinks made with plant milk.

why plant milk increased recently years?

(Summary description)Plant milk, which used to be difficult to find in independent cafes, has now sneaked into more and more restaurants, and more and more people have accepted and liked coffee drinks made with plant milk.

  • Categories:NEWS
  • Author:Highwin enterprise
  • Origin:
  • Time of issue:2021-04-23 15:07
  • Views:
Information

          

 

                                                                                                                                                                                                                                                            Plant milk, which used to be difficult to find in independent cafes, has now sneaked into more and more restaurants, and more and more people have accepted and liked coffee drinks made with plant milk.



 

How prosperous is plant milk?

 

Plant milk first appeared as a milk substitute for patients with lactose intolerance. With people's increasing concern about health and the prevalence of vegetarianism, plant milk has become a rival to milk from the previous supplement of milk.

  

 

          

  

                                                                                                                                                                                                                                                                                                                                       

From a global perspective, the market generally expects that the plant milk market will gradually expand. The survey agency Orbis Research predicts that the global milk substitute market will grow at a compound annual growth rate of 15.3%, from 11.1 billion U.S. dollars in 2016 to 22.6 billion U.S. dollars in 2021.

 

As a pioneer in the promotion of plant milk, the US market has naturally grown rapidly. Mintel, a market research and consulting company, pointed out in its US milk substitute research report that the sales of US plant milk increased steadily from 2012 to 2017, and reached

US$2.1 billion, an increase of 61% from 2012.

 

China, the representative of emerging economies, is also very popular. In 2017, the then R&D manager of Want Want Group stated that China's vegetable milk market will double in the next two to three years, reaching 55 billion yuan.

 

In contrast, the dairy product market is bleak. According to Rabobank data, global liquid milk sales have fallen by 3.5% in the five years ending in 2017. According to another Mintel report, milk sales in the United States will fall to 15.9 billion in 2020, a decrease of 11% from 2015.

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