The dairy alternatives market has an estimated value of $27.0 billion as of mid-2023, and it is projected to reach a value of $43.6 billion by 2028, according to a new report.

The report by MarksandMarkets predicts the dairy alternatives market will grow at a compound annual growthr ate of 10.1% between 2023 and 2028.
“Plant-based dairy alternatives offer a range of nutritional benefits that make them a popular choice for individuals seeking a healthier and more sustainable alternative to traditional dairy products”, note sthe report. “The consumption of plant-based dairy alternatives has seen a rise due to their nutritional advantages, which include lowered cholesterol levels, enhanced cardiovascular well-being, and improved diabetes management.”
Continue reading





The study was published in JAMA Network Open and was epublished by the U.S. National Library of Medicine. It was conducted by researchers from Queen’s University (UK), the University of Barcelona (Spain), the University of Zurich (Switzerland), the University of Oxford (UK), the Danish Cancer Society Research Centre, Cowan University (Australia), the International Agency for Research on Cancer (France), and the University Hospital (Germany).