More consumers are expected to embrace a plant-based diet over the forecast period, and even many consumers who do not shift to a 100% plant-based diet are likely to incorporate more of these alternatives into their daily lives. Plant-based milk is expected to benefit the most out of all plant-based dairy categories.
Plant-based dairy categories have found strong momentum, with dynamic growth over the last few years due to the popularity of plant-based milk. While plant-based milk has found space in the overall market for milk, other alternatives need further development to be able to compete with their dairy counterparts.
Miruku is a new business in New Zealand that is currently developing a new type of crop which will be able to produce the same strains of protein and fats as found in dairy products. The aim of Miruku is to create a crop that can act as a more accurate substitute for dairy products compared with the current batch of plant-based products in the market, which use alternate sources of protein.
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Plant-based Dairy
This is the aggregation of plant-based milk, plant-based yoghurt and plant-based cheese. Please note that plant-based dairy products that are not milk, yoghurt or cheese are tracked under their core dairy categories (e.g. powder milk, margarine and spreads, coffee whiteners etc.)
See All of Our DefinitionsThis report originates from Passport, our Plant-based Dairy research and analysis database.
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