Showing posts with label dairy alternative. Show all posts
Showing posts with label dairy alternative. Show all posts

Wednesday, 26 October 2016

Plant-based alternative milk consumption growing in Australia as dairy industry holds firm


Dairy milk has been flying off the supermarket shelves as consumers continue to sympathise with Australia's dairy farmers, following the Murray Goulburn crisis.

But so-called "alternative milks" are rising in popularity, and new research shows consumers are increasingly lapping them up.

Supermarkets now stock a range of plant-based milks, including soy, almond, coconut, hazelnut, rice, oat and more recently, macadamia milk.

Explore about Dairy Alternative Industry at: https://goo.gl/z360pP

"While the incidences of lactose intolerance have been increasing there have also been food trends that recommend avoiding cow's milk," IBISWorld analyst Lauren Magner said.

Ms Magner has been investigating the rise of the alternative milk market — focusing on soy and almond milk — and estimated the industry to be worth about $150 million.

"This figure has been growing quite quickly over the past five years as the popularity of alternative milks has grown, and we have expected 6 per cent per annum growth over the past five years," she said.

Milk consumption in Australia is higher than most Western nations, with figures from Dairy Australia showing the average Australian consumes 105 litres of fresh milk per year.

Blake Robinson, a dietician and analyst for Dairy Australia, said he disagreed that plant-based milks were rapidly rising in popularity.

"There has been a really small increase in that non-dairy industry over the last few years," he said.

"Looking at the extensive range of plant-based milk in the supermarket you could be forgiven for thinking [it's growing in popularity], but the data shows that very few Australians are drinking those alternatives instead of cow's milk.

"Statistics from the Australian Health Survey show that around seven-in-10 are having cow's milk, with only three percent having those alternatives."

Landline asked supermarket giants Woolworths and Coles how much alternative milk they sell compared to cow's milk, but they would not say for "commercial" reasons.

US shifts away from dairy milk


In the United States consumers are turning away from traditional dairy in droves, leading the push towards plant-based milks.

In a recent study, global market analyst Mintel found sales of alternative milks in the US rose by 9 per cent last year alone.

It also found dairy milk sales decreased by 7 per cent last year, costing the US industry $17.8 billion.

United States' milk sales were projected to drop another 11 per cent through to 2020, due to greater competition from sugary drinks, juice and plant-based milk.

But Mr Robinson said that was not the case in Australia.

He said non-dairy milk sales made up 6 per cent of all milks sold in supermarkets, only up half-a-per cent in three years.

"There's been a really small increase in that non-dairy industry over the last few years, but what we see is consumers tend to move within the category, for an example from a soy beverage to an almond beverage, rather than a big shift from cows' milk," he said.

Despite disagreeing on the extent to which nut milks are rising in popularity, Ms Magner and Mr Robinson agreed the traditional dairy industry in Australia was not at risk.

"The dairy industry still has a significant market in Australia, so per capita of cow's milk consumption is still 20 times more than soy," Ms Magner said.

"So IBISWorld doesn't think the dairy industry will suffer from large declines in market share to the milk alternatives industry for the short-to-medium term because most Australians still drink traditional milk."

Is plant-based milk better?


Melbourne's coffee scene is buzzing with cafes that only sell coffees made from plant-based milks.

"At the moment we are using coconut, almond and soy milk as our base milks, we don't use any cow's milk here," Zoe Davies, a barista at Macha Mylkbar in St Kilda, said.

"I think people are more and more leaning towards plant-based milks just because of the ethical and health issues that have been raised recently with the consumption of dairy.

"Plant-based milks are a lot lower in certain fats and I think people are leading more towards a plant-based lifestyle in general."

But Tim McMaster, a dietitian with the Dietitians' Association of Australia, said consumers need to be wary of plant-based milks being promoted as "healthier".

"It's not a straight answer," he said.

"Cow's milk probably comes out on top for nutrient quality, it has 10 essential nutrients that are fantastic for our health and our body.

"The majority of alternative milks are lower in energy, or kilojoules, and can contain a lot less fat which helps with the kilojoule content being lower.

"But unfortunately a lot of them are considerably low in protein and calcium, they don't have much calcium at all."

That is, unless they are fortified. Many alternative milks add key nutrients, like calcium, to make them more comparable to the health benefits of cow's milk.

"Most of them are fortified these days to meet up with the nutritional quality of milk when it comes to cow's milk for calcium intake," he said.

"Out of all the milk alternatives, soy milk which has been out the longest, still comes out on top. It is closest to the nutritional complexity of what cow's milk is."

Ms Davies said consumers wanting to make the switch to plant-based milks for health reasons needed to do their research first.

"A lot of people do point the finger at nut milk for being high in sugar and for not having the ample amount of protein, and compared to dairy milk not having the same amount of calcium," she said.

"It is about picking the milks that are the better ones on the market. Most nut milks are fortified with B12, Vitamin D and folate and a lot of soy milks are also complete proteins because they contain the nine amino acids."

Wednesday, 19 October 2016

Number of UK breweries rises as craft beer shows no signs of going flat

Study shows 8% increase in breweries to 1,700 with their rising popularity and profitability turning them into takeover targets


The number of UK breweries has risen by 8% to around 1,700 over the past year as the surge in popularity of craft beers continues, research shows.

Breweries are becoming increasingly profitable and targeted for acquisition, said accountancy group UHY Hacker Young, with drinkers in the UK willing to pay premium prices for a luxury product.

https://www.alliedmarketresearch.com/beer-market
Drinkers in the UK are willing to pay premium prices for a luxury product such as craft ale, says UHY Hacker Young. Photograph: Old Fountain
Good Beer Guide 2017 raises a pint to the new breed of British boozers
 Read more
James Simmonds, of UHY Hacker Young, said: “Craft beer is leading the way in the surging popularity of artisan products and has pushed aside other brands in high street bars. Many are now firmly established household names.”

Know the Latest Trends and Forecast of Beer Industry athttps://goo.gl/dzx7Eb

He added: “This increasing popularity has transformed many microbreweries into highly profitable businesses for entrepreneurs looking for a niche position in the food and drinks market. As a result of their success, microbreweries across the UK have also become attractive acquisition targets for larger breweries.”

The environment secretary, Andrea Leadsom, said: “Our food and drink is renowned the world over and for most of us there’s nothing more quintessentially British than enjoying a pulled pint of ale in a classic English pub.

“Thanks to the popularity of our pint we’re now seeing a record number of microbreweries opening up across the country, bringing quality beer to communities across the nation and creating countless jobs and opportunities for our economy.”

Dairy alternatives: Better health and taste for milk substitutes

Consuming plant-based milks has become a healthy lifestyle choice for many, promising great taste and nutrition


Many people do not know that milk and milk-based products are not necessary for daily nutrition. Milk derived from animals, which was once considered the elixir for growing babies and kids, is now slowly making way for dairy substitutes.

The phenomenon of veganism is also becoming more popular. Its adherents are no longer dependent on animals for dairy products, and want to use more cruelty-free products.

The dairy industry is catering to the needs of vegans — as well as the lactose intolerant masses — with the introduction of plant-based milks. Dairy alternatives, such as almond milk, soy milk, rice milk and milk from hemp are gradually winning over customers who are making the shift towards fat-free, organic substitutes.

Know the Latest Trends in Dairy Alternative Industry at: https://www.alliedmarketresearch.com/dairy-alternative-market

The dairy alternative market is witnessing the entry of big brands and startups that are including innovative variants in their product profiles to meet the increased expectations of vegans. Reducing allergy aggravations for the lactose intolerant, promoting veganism and adopting healthier lifestyles are the prime targets of the dairy alternative market.

Dairy substitutes, including spreads, creamers, yogurts, tofu and flavored milks, are gaining a nod of approval from consumers. The plethora of options offered by different companies has helped the dairy alternative market earn greater revenues.

Analysts at Allied Market Research have studied the market in detail and analyzed the strategic moves and dynamics followed by leading brands. They have stated that the partnerships and acquisitions between the big dairy companies help in expanding the scope of the dairy substitute market.

Veganism - sparking off the plant-based milk trend

Milk derived from mammals, which was long touted as a primary source of calcium, protein and lactose, is now slowly being edged out with the emergence of veganism. As a lifestyle choice, veganism is increasingly adopted by health enthusiasts who have recognized the nutritive benefits of thriving on a diet that is rich in plant fiber. Raising ethical concerns over the use and abuse of animals in food and dairy farming, animal lovers have also contributed to mainstream vegan trend.




Plant-based dairy substitutes derived from almond, rice, coconut, banana and hemp fill in the lactose, calcium, and protein requirements in a vegan’s diet. Without the much-wanted creams, cheeses, butter, and yogurts processed from cow or goat’s milk, this diet might sound bland. However, with many companies cashing in on this trend, vegans have  a wide array of non-dairy cream products from which to choose.

Big brands have recognized the need to come up with new dairy substitutes, and have added flavors to their milks, cheeses, and cream spreads. Certain startups and big brands have also launched ice creams created from coconut and soy milk. This is a testimonial to the huge scope for creativity in product diversification in the dairy alternative market.

Banana and coconut milk: Could dairy alternatives get any better?

What sounds better than eating bananas? Not much, except drinking vegan banana milk produced without dairy additives. It has proven to be the latest milk alternative craze in the vegan as well as non-vegan world. The fruit offers notable nutritive benefits without costing consumers a lot of money. Moreover, milk derived from soy, hemp, cashew or almond tends to have a slightly bitter and cloying taste, which might not meet the criteria of a few hesitant dairy consumers. With their natural sweetness, bananas promise to be the tastiest, cheapest and healthiest substitute to milk.


Thursday, 8 September 2016

Dairy Alternative Market to Reach $21.7 Billion, Globally, by 2022

According to a new report published by Allied Market Research, titled, "Dairy Alternative Market - Global Opportunity Analysis and Industry Forecast, 2014 - 2022", the global dairy alternative market is expected to garner $21.7 billion by 2022, growing at a CAGR of 13.3% during 2016-2022. Asia-Pacific generated the highest revenue of $4.0 billion in 2015, followed by North America. Asia-Pacific would continue to dominate the overall market throughout the forecast period owing to the increase in demand from countries such as China and India.

The segmentations by source include soy milk, almond milk, rice milk, and other dairy alternative sources. Soy milk accounted for the maximum market share of 53.2% in 2015, because of its extensive usage in refreshment drinks. Popularity of beverages formulated by the combination of soy beverages and fruit drinks has increased in countries such as China. Almond milk is projected to be the fastest growing segment with the CAGR of 14.4%, owing to its high demand in developed regions such as North America, driven by the rising vegan and obese population in countries such as the U.S.

Beverage is anticipated to be the faster growing segment compared to food. Beverages such as milk shake, energy drink, fruit mixed drinks, and others, prepared from soy, almond, coconut and other dairy alternative sources, are increasingly becoming popular. Food is further categorized into spread, creamer, yogurt, tofu and others. Spread segment is expected to gain maximum growth during the forecast period 2016-2022, as these spreads have lower level of saturated fats, compared to dairy spreads. Yogurts prepared from dairy alternative sources such as almond, soy and coconut are increasingly being consumed by vegan as well as other consumers due to their high nutritional content. The yogurt segment is expected to grow at a CAGR of 14.6% during 2016-2022.

Read the complete report on Dairy Alternative Industry at : https://www.alliedmarketresearch.com/dairy-alternative-market

The ability of dairy alternative products to provide similar nutritional benefits as that of conventional milk and related products, is expected to promote their demand. Further, the ongoing innovations aimed at improving the taste, flavor and formulation would propel the growth of dairy alternatives market, states Bhawna Kohli, Manager Research at AMR.

The segment by distribution channel includes large retail, small retail, specialty store, and online. Large retail accounted for the largest market share of around 55% in 2015, followed by specialty store. The online segment is anticipated to be the fastest growing, owing to the availability of a wide variety of products in different tastes, flavors and formulations at discounted prices; and the growing popularity of online shopping.

Asia-Pacific is projected to be the fastest growing region throughout the analysis period 2016-2022. China, being dominant in the Asia-Pacific especially contributes to the soy milk market share. The popularity has increased due to increasing usage of soy milk as refreshment drink. Similarly, increase in number of dairy allergic consumers in the developed markets such as Japan have boosted the market growth.

Key Findings Of Dairy Alternative Market

  • Asia-Pacific would remain the largest revenue generating region throughout the analysis period.
  • Almond milk segment is expected to be the fastest growing market during 2016-2022.
  • In 2015, soy milk segment was the highest revenue-generating segment in the global dairy alternative market, followed by the almond milk segment.
  • Market for dairy alternative products prepared from other sources such as coconut, cashewnut, oat and others would witness attractive growth during the forecast period.

Acquisition is one of the most widely adopted key growth strategies by existing market players to increase their market share. For instance, companies such as WhiteWave Foods Company of the U.S. and SunOpta Inc., of Canada made several acquisitions to extend their product line. The key companies profiled in the report include WhiteWave Foods Company (U.S.), Blue Diamond Growers (U.S.), SunOpta Inc. (Canada), Earths Own Food Company Inc. (Canada), Living Harvest Foods Inc. (U.S.), Hain Celestial Group, Inc. (U.S.), Organic Valley (U.S.), Panos Brands LLC (U.S.), Pascual Group (Spain), and Eden Foods Inc. (U.S.).