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Global Market Insights Inc. says that the plant milk market size is anticipated to exceed $21 billion in yearly revenue by 2026, propelled by stringent regulations governing the food and beverage industry in Europe and the Middle East.
According to “Plant-Based Dairy Market,” a report from Fact.MR, global sales of plant-based dairy products are expected to grow 11% until 2031, with an estimated market value of $32 billion. Increased preference for naturally sourced food products is majorly spurring demand.