Dairy-alternative drinks available in four varieties
September 5, 2017
Pacific Foods, Tualatin, Ore., is adding Cashew Non-Dairy to its existing seven varieties of shelf-stable dairy alternatives. The new variety is made with Organic and Fair Trade-Certified cashews that are ethically sourced.
Today, fitness beverages are resonating with consumers and Beverage Industry readers. In the magazine’s Readers’ Choice: New Product of the Month poll for June, Celsius Heat won the poll by obtaining 33 percent of the vote.
Although the dairy and dairy alternatives market is expected to see decelerated growth, innovation with a variety of plant-based alternatives is expected to continue to drive the category going forward, experts say. New York-based Beverage Marketing Corporation notes that the dairy milk market has experienced continuous declines throughout the past several years in its December 2016 report titled “U.S. Milk and Dairy Beverages through 2020.”
After closing Elmhurst Dairy last year, Henry Schwartz has debuted Elmhurst Milked, a new brand of vegan nut milks available in select grocery stores and specialty markets as well as nationwide through a direct-order system.
Despite seeing significant growth during the 2010-2015 timeframe, the dairy and dairy alternatives category has seen a deceleration in growth, according to experts. Although the growth will be at a slower pace, the category still is expected to continue gaining share in the beverage market going forward.
As consumers look to fuel their bodies with healthy products, the consumer packaged goods (CPG) market is seeing dairy alternatives as a market that could fulfill that trend.