Industry Analysis & Industry Trends
Drink up
The Soy and Almond Milk Production industry will experience significant growth over the next five years, as demand for alternative dairy beverages continues to strengthen. While firms will face competition from organic milk, consumers with dietary restrictions, such as those who are vegan or lactose intolerant, will increasingly demand industry products. As the industry expands, firms will invest in greater research and development to create new products.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Soy and Almond Milk Production Industry is in the growth phase of its life cycle, indicated by its positive contribution to the US economy. Industry value-added (IVA), or the industry's overall contributions to the economy, is forecast to grow at an average annual rate of 6.5% over the 10 years to 2017. This rate is faster than gross domestic product (GDP), which is expected to increase at an average of 1.9% per year over the same period.
Additionally, this industry continually introduces new products. Since the industry is quite competitive, players have been bringing new goods to the market to increase revenue. For instance, player Turtle Mountain recently introduced AlmondPlus almond milk. Thi... purchase to read more