Anne Scott Livingston, research analyst at Chicago-based Euromonitor International, notes that producers were forced to increase their milk prices due to a jump in input costs, which “have significantly strained category margins.”
As more consumers consider how their purchases contribute to not only protecting their individual well-being, but also that of the planet, Táche set out to create a sustainable, healthy alternative-milk for both dairy and non-dairy drinkers alike.
Táche announced the launch of two new pistachio milk flavors: Vanilla and Unsweetened Vanilla. With added hints of vanilla, the pistachio milks are low in calories and carbs, the company says.
The plant-based milk industry continued to grow and thrive over the course of the last year. With consumers opting for dairy alternatives, many of these milks have become mainstream.
Innovation comes with category shift towards cold, flavored coffee
June 30, 2022
Plant-based beverage brand, Califia Farms, Los Angeles, announced its new product launch formulated for cold coffee beverages: Iced Café Mixers. Available in Vanilla Sweet Crème and Caramel Crème, Iced Café Mixers represent a major innovation breakthrough for the creamer category, which, until now, has developed products exclusively for hot coffee, the company says.
As more consumers look to plant-based food and beverages, oatmilk continues to make share gains. Driving that growth is Oatly Group AB, which produces products from oats, including oatmilks, frozen desserts and oatgurts.
PlantBaby, a new direct-to-consumer nutrition brand, announced the release of its launch product, Kiki Milk, which is available in two varieties: Original and Chocolate.
Dairy-alternative beverages have become mainstream, signifying a new era for the dairy category. Although market share is on the rise, traditional dairy milk still commands the lion’s share.