According to the latest data from Ocado.com, more consumers than ever decided to try ‘Veganuary’ this year, as sales of general vegan products (as a % of total sales) increased by 34% compared to last January. As Brits challenged themselves to change up their diet, many swapped basket staples with non-dairy cheese sales increasing by 24%, non-dairy milk by 51% and egg alternatives by 58% all in comparison to January 2021. What’s more, sales of dairy milk declined by 9% in January compared to December with growing numbers of consumers experimenting with innovative alternatives, such as DUG’s barista potato milk and Lilk’s oat, coconut and quinoa blend.
Global Soy-Based Market is expected to reach a market size of ~US$ 55 billion by 2028: Ken Research
According to Ken Research Analysis, the Global Soy-Based Food Market was valued at ~US$ 20 billion in 2017. Furthermore, owing to the growing consumer demand for health-centric food products to maintain healthy...
