Non-milks hit $1,600 million
I feel uncomfortable about using the word milk for them, but more types keep appearing and many of them are gaining in popularity, though not all.
Latest figures for the US market show 2014 retail sales and % change on 2013 as:
US retail sales in 2014 |
$ million |
% change |
Almond milk |
893.3 |
+31.0 |
Soy milk |
322.1 |
-15.5 |
Coconut milk |
101.1 |
+16.9 |
Rice milk |
58.6 |
-8.0 |
Hemp milk |
8.7 |
+9.7 |
Oat milk |
5.4 |
+4.4 |
All milk alternatives |
1,600 |
+18.8 |
The rest include multigrain, hazelnut and other variants. The source is SPINS.
Cashew milk is a 2015 innovation. And apparently peanut milk is on its way.
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