Dairy Alternative Market to Surpass $78.5 Billion by 2032 at 11.8% CAGR
The global Dairy Alternative market was valued at approximately $32.4 billion in 2023, rising from $28.7 billion in 2022, reflecting a 12.9% year-over-year (YoY) growth. Increasing lactose intolerance prevalence, which affects nearly 68% of the global population, along with vegan adoption rates growing at 8–10% annually, is accelerating demand. The market is projected to reach...
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