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- US Dairy Alternatives Market Report 2023
US Dairy Alternatives Market Report 2023
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This report provides a complete analysis of the US dairy alternatives market. As consumers measure up this fresh industry, there is an opportunity for brands – new and seasoned – to capture interest. Now is the time to capitalise on the market and consumer trends happening today, and this report offers that insight.
Read on to discover the key topics covered and sample the contents of the report itself.
While vegan consumers remain a core base for dairy alternative consumption, veganism as a dietary preference remains unchanged as a niche at 2% of the US population. This, coupled with the lackluster performance of the protein-based meat alternatives market serves as a reality check for dairy alternative brands. Mass-market appeal will be pivotal going forward. Dairy alternatives must deliver on taste/performance, and alongside clean label innovation, brands will be better positioned to draw the “alternative curious” in.
Given the freshness of the dairy alternatives market, there is room to grow. Most consumers gravitate towards taste when they go back to the shelf. But this is nothing new. Mintel observes that taste is the key factor across food and drink, and product innovation should follow accordingly. For a deeper exploration of opportunities in the US dairy alternatives industry, buy the full report. Alternatively, browse our library of plant-based and vegan market research, or more broadly our food market research or drinks market research.
Where relevant, brands are incorporated into the analysis of the market. Launch activity/innovation and competitive strategies tie into successful brand examples, eg GT’s Cocoya Living Coconut Yogurt as a case of functional benefits in action, Bored Cow with their Animal-Free Dairy Milk using fermentation, or “invisible cows” in place of traditional methods, and much more.
Different Digital Formats: PDF for conveniently sharing with your team, PowerPoint for quickly including in your presentation, as well as an Excel Databook.
Mintel’s Clients Portal: Our portal offers instant access to actionable analysis and trends pieces relevant to your industry that are published almost daily. You can also browse for more market research reports.
In this report, category director and leading analyst Mimi Bonnett delivers industry analysis and commentary on the consumer trends impacting dairy alternatives in the US.
Dairy alternative acceptance continues to grow slowly, yet the push beyond “milk” is slow in coming, especially among older adults.
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