Technavio estimates the Dairy Alternatives Market size to grow by USD 18.49 billion from 2022 to 2027, at a CAGR of 10.85%. A major factor propelling market growth is the increasing demand for organic dairy alternatives. These organic products are derived from fruits, plants, and ingredients that are free from synthetic chemicals like herbicides, fertilizers, and pesticides. The cultivation of organic fruits and plants relies on biodiversity, natural processes, and adaptation to local climates. Many global players in the market are offering organic, plant-based alternatives, and they ensure transparency by providing complete product information, including ingredient sources, on their packaging. Such efforts are enhancing consumer trust and further boosting market growth during the forecast period.
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