With the growth the alt-milk sector experienced in the U.S. in the past year (+20.4% growth to $2.5b), it is a topic of conversation daily – and a platform that especially benefits from several Imbibe-designed ingredients.
Still, it’s important not to neglect other categories and the innovation they’re seeing, despite their maturity. In an upcoming free webinar, Imbibe will shine a light on what’s disrupting the RTD coffee and tea segments and will offer some insights on white space and other opportunity areas. A representative from Dairy Foods will round out the picture by using their expert lens to examine opportunities in the dairy space – of which there are still many. In the 52 weeks ending May 16, 2021, IRI reported that RTD milk beverages experienced 5.7% growth and refrigerated flavored milks saw a 4.6% increase.