Sales of oatmeal drinks in the United States amounted to $ 2.3 billion in a year

Published 2022년 8월 2일

Tridge summary

U.S. plant-based milk sales saw a 6.4% increase, reaching nearly $2.3 billion in the fiscal year ended June, as reported by Green Queen. Despite a slight decrease in sales, almond milk continues to lead, with sales totaling $1.2 billion. Oat milk's sales rose by over 50% to more than $527 million, despite supply issues and lawsuits, while soy milk's sales decreased by 0.09% to $165 million. Sales of pea milk increased by over 27% year-on-year to $60 million per year. However, sales of coconut, rice, and cashew milk analogues decreased by 8%, 11%, and almost 14% respectively, and there was no consumer interest in milk substitutes blends.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

U.S. plant-based milk sales rose 6.4% to nearly $2.3 billion in the fiscal year ended June, Green Queen reported Aug. 1. Almond milk analogue remains the leader among vegetable milk surrogates. In the United States, $1.2 billion worth of almond milk was sold during the year. In quantitative terms, sales decreased by about 1% compared to the previous year. The decrease in sales of oat milk substitute is due to the increase in the share of oat milk substitute. Manufacturer Oatly increased its share despite the difficulties of supply and lawsuits. Oatly is looking to promote almond milk as sales of oat milk rose more than 50% to over $527 million, SPINS reported. The soy analogue of milk, which was once the leader, lost market share to almond and oat. Sales of soy milk replacer decreased 0.09% to $165 million Ten years ago, sales of soy milk replacer exceeded $1 billion. Despite the decline in popularity, the soy analogue is still the third in terms of sales. It is ...

Source: Milknews