A report by Global Market Insights Inc. claims the dairy alternatives market to be worth USD 49 billion by 2028 end. The demand for dairy alternatives seems to be growing appreciably over the last few years, with no visible signs of deceleration whatsoever. Increasing consumption of plant-based milk is at the forefront of this growth, driven mainly by the growing intolerance to dairy products. According to the statistics released by World Population Review for 2022, lactose … [Read more...] about Three key trends shaping the future of dairy alternatives market through 2028
Market Trends
Older consumers show sweet potato love, Fresh Trends data reveals
About one in three consumers say they have purchased sweet potatoes in the last year, The Packer's 2022 Fresh Trends survey reveals. Behind that overall number, Fresh Trends data shows big variations in the frequency of purchases, depending on demographic variables. Age is the biggest influence on the frequency of sweet potato purchases, according to Fresh Trends. In fact, research shows that 51 percent of consumers over age 60 said they purchased sweet potatoes in the past year. … [Read more...] about Older consumers show sweet potato love, Fresh Trends data reveals
Golden Agri-Resources delivers a robust performance in the first half of 2022 amidst industry volatility
Golden Agri-Resources Ltd ("GAR" or the "Company") continued to perform robustly during the first semester of 2022, delivering a strong set of results amidst increased volatility in the industry. EBITDA reached US$807 million, a 54 percent increase year on year. Underlying profit and net profit were also strong at US$407 million and US$390 million, respectively. This performance was achieved on the back of a 23 percent year-on-year increase in revenue to almost US$5.5 billion, mainly … [Read more...] about Golden Agri-Resources delivers a robust performance in the first half of 2022 amidst industry volatility
