The dairy industry is constantly evolving. To meet changing consumer desires, dairy companies are developing products with novel ingredients and flavors to maintain interest and offer new experiences. There is also a clear movement in some countries towards dairy-free alternatives, particularly plant-based products. ‘Flexitarians’ – those who follow a mostly vegetarian diet with some consumption of animal products – are a key driver of the plant-based trend and represent a significant opportunity for the food industry. Substantial investments in research and development (R&D) for novel dairy alternative products are also driving growth of this market, and consumers are coming to expect improved dairy- like textures and flavors.
In this article, we discuss the changing dairy and dairy-free markets, particularly focusing on the regions leading the way in plant-based innovation, such as the US, and where the dairy market is growing, namely developing regions including South America, the Middle East and Africa, and Asia.
GLOBAL DAIRY TRENDS
This story is from the November 2020 edition of Food Marketing & Technology - India.
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This story is from the November 2020 edition of Food Marketing & Technology - India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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