- In June 2023, Oatly Group AB (Sweden) launches introduced a vegan cream cheese that is now available nationwide in the US. This oat-based cream cheese innovation comes in two flavors: Plain and Chive & Onion.
- In April 2021, SunOpta acquired the Dream and WestSoy plant-based beverage brands from The Hain Celestial Group, Inc., enhancing its product portfolio and driving further growth in the plant-based beverages segment.
- In November 2021, Blue Diamond launched Almond Breeze Extra Creamy Almond Milk, crafted using almond oil derived from premium California-grown Blue Diamond almonds to deliver a richer, creamier texture. This product introduction aimed to enhance consumer appeal and expand the company’s customer base.
- In February 2025, MALK Organics introduced two new clean-label products: Unsweetened Organic Coconut and Unsweetened Organic Soy milk. These additions align with the brand's commitment to offering plant-based milks made with minimal ingredients, catering to consumers seeking transparent and healthier options.
- Effective March 5, 2025, Dunkin' removed the additional charges for plant-based milk options like almond and oat milk across all its U.S. locations. This decision, influenced by customer feedback and advocacy efforts, aligns Dunkin' with other major coffee chains in making dairy alternatives more accessible to consumers.
Frequently Asked Questions
The Asia-Pacific region is expected to register the fastest growth in the dairy alternatives market, driven by increasing lactose intolerance rates, urbanization, and shifting dietary preferences
A key trend in the dairy alternative market is the rapid innovation in plant-based ingredients aimed at improving both the nutritional profile and sensory experience of dairy-free products
The major factors driving the growth of the Dairy alternative market are the rising lactose intolerance and demand for plant-based nutrition and increasing health consciousness across the globe.
The primary challenges are the higher price point and regulatory frameworks for novel vegan products
In 2025, the soy milk segment is expected to dominate the global dairy alternatives market due to its long-established presence, high nutritional value, and affordability compared to other plant-based milk alternatives. Soy milk is rich in protein and has a similar texture and flavor to cow's milk, making it a popular choice among consumers seeking a dairy-free option with a balanced nutrient profile.
