The turnover of the Russian vegetable milk market exceeds 5.5 billion rubles a year

The turnover of the Russian vegetable milk market exceeds 5.5 billion rubles a year. It was this product that became the trigger for the development of the market for plant-based products, says the head of the Union of Plant-Based Products Manufacturers Valeria Rodina, whose opinion is cited by this industry association. "Drinks made from soy, nuts or coconut milk have been on the market for a long time, they were sold mainly in specialized vegan stores, and their market share was extremely low. But it was in recent years that many manufacturers saw the prospect of this niche and began to actively enter it. This and large industrial companies that have decided to diversify production, and start-ups," she said. Moreover, this is typical for the entire global food market. According to Rodina's forecast, in the next five years plant-based milk can take up to 20% of the total dairy products market. The production of vegetable meat is also developing rapidly in the Russian Federation. ...