According to a new report by Eatable Adventures, titled "The Future of the Dairy Industry," the global market for plant-based dairy products will double to $26 billion by 2030. The market is currently valued at $12.6 billion and is projected to grow at approximately 11% annually.

The main reasons for this growth are changes in consumer habits, technological innovations and an emphasis on sustainable development. More and more people are switching to plant-based alternatives, driven by the desire to improve their health, reduce consumption of animal products, as well as ethical and environmental reasons.

Technological progress also plays an important role in expanding the market for plant-based dairy products. Manufacturers, thanks to the latest developments in food technology, create products that are close to traditional dairy products in terms of taste and nutritional properties. Among them are soy milk, oat milk, coconut milk, almond milk, as well as novelties such as milk from microbes. The possibilities of creating dairy products based on laboratory whey and ice cream from microalgae are being investigated.

In addition, many countries are implementing policies aimed at reducing carbon emissions and supporting sustainable production. This creates positive conditions for the development of the plant products market, encouraging consumers to choose more ecological options.

It is worth noting that investments in the plant sector reached their peak in 2020-2021, but in the following two years there was a decrease of 90%. Despite this, the plant-based dairy category has already demonstrated a certain maturity, and the emphasis is now on improving the technology and quality of the products, in particular their nutritional properties and taste characteristics.

Thus, the vegetable milk market shows confident growth and development, which opens up new opportunities for producers and consumers around the world. In the coming years, it is expected to become even more diverse and attractive to customers who strive for a healthy and sustainable lifestyle.