The State of the Dairy Industry and the Rise of Dairy Alternatives

The dairy industry is changing throughout the globe as dairy alternatives become more and more popular.  Examples of these products include almond milk, oat milk, soymilk, coconut milk, nut-based cheeses, and coconut yogurt.  Virtually every dairy product now has a viable nondairy alternative.  However, different regions show different preferences in dairy, or nondairy, consumption.  Let’s look at how the dairy industry is changing around the world.

In the United States, the demand for dairy products has .  Milk and ice cream consumption has , yogurt and cheese consumption has , and butter and cottage cheese consumption have .  In the industry of dairy alternatives, the United States is the .  Key brands in North America are .  Canada is the in this region.

In Europe, the dairy industry is of high importance, with in the European Union.  The milk production in the European Union is to keep up with regional and global demand.  The dairy industry is the in the European Union, accounting for over .  The dairy alternative industry also has a presence in Europe, with the in Germany and the in frozen desserts.  Key companies in Europe include.

Finally, in Latin America, the dairy industry is .  Consumption in this region is of the world.  The use of in rural areas, as well as , have of the dairy industry.  In the dairy alternative industry, growth is forecasted, although the growth is like Europe and North America.  In South America specifically, the , and lactose intolerance and the popularity of vegan diets are .  Major brands in South America include .

The dairy industry has so many moving parts, from a variety of products to the preferences of consumers to rising competition from the dairy alternatives industry.  We’ve seen growth in some regions and expect it in others.  But it doesn’t look like dairy alternatives are going anywhere, and only time will tell how the dairy industry will respond in the future.