With many consumers drawn toward the health and sustainability benefits of plant-based products, sales of nondairy milk alternatives are growing at a faster clip than their dairy counterparts. And it doesn’t hurt that plant-based milk products are becoming more price competitive.
U.S. plant-based milk sales reached $2.2 billion for the 52 weeks ending April 17, about 15.2% of the bottom line for traditional dairy milk, which had sales of $14.6 billion for that same time period, according to data …