Revenue for the Soy and Almond Milk Production industry is expected to grow over the next five years, as demand for alternative dairy beverages continues to strengthen. While companies will face competition from organic milk, adventurous consumers, as well as consumers with dietary restrictions, will increasingly demand industry products. As the industry expands, producers are expected to invest in greater research and development to create new varieties of products.
This industry manufactures nondairy milk substitute beverages. These products are usually plant based and may be made from soybeans, almonds, hemp, coconut, rice or oats.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.