The Future of Dairy and Non-Dairy 2023 is a global market report that covers the latest innovations and consumer trends across the global dairy market in 2023. Our global future of dairy and non-dairy market report identifies evolving areas, consumer attitudes, and important advances expected across regions like EMEA, APAC, and LATAM over the next five years and beyond.
Inflation and supply chain challenges have pushed up prices in the global dairy market. Tighter household budgets are inevitably leading to increased scrutiny of shopping baskets and savvier shopping habits. While milk is a staple for many consumers, brands need to prove their value to maintain appeal. A focus on core nutritional qualities, coupled with functional benefits and strong ethical and sustainability credentials are needed to secure a profitable future of dairy and non-dairy products.
Winning brands in the global dairy market will justify their place with products that are better for humans and the planet. The future of dairy and non-dairy drinks will be influenced by brands that will explore new functional horizons, including cognitive health, and tap into the appeal of athleisure to sell milk for active adults and kids.
The future of non-dairy drinks is slowly but surely gaining ground. The next decade will also see more widespread use of eco-labels, which offer shoppers more transparency about the environmental impact of products. Meanwhile, more-equitable access to nutrition for consumers will become a focal point for ethical companies and Mintel’ expects that there will be a shift toward community-led solutions in the global diary market.
To discover more about The Future of Dairy and Non-Dairy Market Report 2023, read The Future of Ingredients Report 2023, or take a look at our extensive Global Pet Food Market Research.
This report, written by Julia Buech a leading analyst, delivers in-depth commentary and analysis to highlight current global dairy market trends and add expert context to the numbers.
Secure a profitable future by leading with functional benefits and strong eco credentials.
Julia Buech
Global Food & Drink Analyst
Mintel is the world’s leading market intelligence agency. We show you how consumers think today and tomorrow. As a trusted partner to industry leaders, we deliver game-changing insights to businesses across the globe, fuelling their marketing and innovation strategies that will shape the future.
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