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Apr 19

Report: Almond Milk Sales Up 7.8% in 2015, Dairy Milk Sales Down 7%

almond milkAmericans are switching from Dairy-based milks to plant-based milks such as almond milk at a rapid pace, according to a new report by Nielsen.

“In fact, almond milk is now America‚Äôs favorite milk substitute, boasting sales growth of 250% over the past five years”, according to the report. “During that same period, however, the total milk market shrunk by more than $1 billion.”

When looking at the growth over just the last year – from 2014 to 2015 – sales of almond milk were up 7.8%, while sales of dairy milk were down 7%.

Almond milk has grown so popular, that sales in 2015 were triple that of soy milk; $894.6 million in sales, compared to $297.7 million in sales. The market for coconut milk was just over $61 million, and was just under $18 million for rice milk. Other non-dairy milk alternatives had total sales of around $50 million. All told, there was over $1.3 billion in non-dairy milk products sold in 2015 in the United States.

The full report can be found by clicking here.

About the author Anthony Martinelli

Anthony Martinelli is the Editor and co-founder of TheVeganHerald.com. He also serves as the Editor-in-Chief of TheJointBlog.com, a cannabis news and information website.

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