Plant-based dairy is driving the next generation of plant-based growth through innovations in milk, yogurt, and cheese, eclipsing plant-based meat’s claim on the market. Despite yogurt and cheese’s modest menu penetration, they represent the fastest growers in the category.
Plant-based heavy cream alternatives are on the rise as food scientists develop more realistic, whip-ready options using oats, legumes, and oils. Chef Jason Wrobel of Switch4Good shared his take regarding the latest innovations and the science behind replicating the taste and texture of traditional heavy whipping cream.
Once valued at over $15 billion, Oatly’s market capitalization has plummeted by 98% due to poor execution in expanding production and mounting financial losses. Its sluggish growth in plant-based products makes Oatly’s future murky, according to FI’s resident stock expert.
Milk alternatives are a key growth driver for the plant-based industry. What keeps shoppers coming back for more?
Editor’s note: This article is a free, one-time preview of The Food Institute’s new Premium articles, which will be available to members. To join FI, click here. Comparative analytics platform Social Standards took a look into public consumer …
