DAIRY ALTERNATIVE MARKET ANALYSIS

Name: Dairy Alternative Market News
Creator: Coherent Market Insights
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Dairy Alternative Market, by Source (Almond Milk, Soy Milk, Rice Milk, Oat Milk), Formulation (Plain Sweetened, Flavor Sweetened, Plain Unsweetened, Flavor Unsweetened), Distribution Channel (Supermarket, Convenience Retailers, Pharmacy), and Application (Food, Beverages) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

Key Developments

Healthy brands collective has acquired Cardium’s To Go Brand. This was done with the objective of increasing the overall brand portfolio for the dairy alternative. The acquisition was done through an asset purchase of USD 2.5 million by exchange of preferred equity position in healthy brands.
Stremick’s Heritage Foods along with Disney Consumer Products had collectively launched a new milk beverage line. This new dairy alternative product supports the development of eye and brain and is also considered as an excellent source of calcium, for strong teeth and bones. This was the first initiative for launching a product as a part of the healthy non-dairy beverages.
In the year 2017, the Sunrise Grovers Inc., a subsidiary of the SunOpta Inc. has issued voluntary recall of frozen organic dark sweet pitted cherry products. This was done as the product was seen as contaminated with an organism called Listeria monocytogenes, responsible for causing infections in young children.