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

Published Aug 3, 2022

Tridge summary

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.

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
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