Plant-based dairy is expected to return to growth in the forecast period. The category is set to benefit from a positive image in relation to both the further development of the health and wellness trend and rising concerns about sustainability.
Over the forecast period, moves towards a more diverse range of plant-based dairy products are expected, driven by the increasing demand for alternative dairy options and the evolving preferences of consumers worldwide. As consumers become more conscious of the environmental impact and health benefits associated with plant-based diets, the demand for innovative and varied plant-based dairy alternatives is only set to rise.
Innovation will be key to the further development of the plant-based dairy category in the forecast period. In soy drinks, manufacturers need to invest in innovation to disrupt a mature environment and generate new opportunities for growth.
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Understand the latest market trends and future growth opportunities for the Plant-based Dairy industry in Vietnam with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
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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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