Get Innovative with Dairy and Nondairy Beverages

Get Innovative with Dairy and Nondairy Beverages

September 23, 2021 | 2:00 PM EDT

According to market research firm Mordor Intelligence, the global dairy-based beverage market is projected to register a compound annual growth rate (CAGR) of 6.1% between 2020 and 2025. The global ready-to-drink (RTD) tea and coffee market, meanwhile, is expected to expand at a CAGR of about 5.6%, a report by Grand View Research Inc. states. Innovation could help dairy processors grab their fair share of this growth.

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