News

Forbes: "Dairy-Free Milk is Draining the Dairy Industry"

The popular publication says vegan milk continues to make strides while dairy goes down the drain.

In a recent feature published by popular media outlet Forbes, writer Michael Pellman Rowland argues that plant-based milk is effectively bringing down the dairy industry. Rowland presents his argument in two parts: “The Best of Times” (or the remarkable boom of the plant-based milk industry) and “The Worst of Times” (or the dairy industry’s continuing economic downfall). “The growing popularity of dairy-free milk is slowly draining the American dairy industry,” Rowland writes, before pointing to the conflict surrounding the Dairy Pride Act (DPA)—legislation proposed by a group of congressmen from dairy-producing states that aims to ban the word “milk” from plant-based products. Those supporting the DPA claim that the term “milk” can only be used for products containing animal secretions and claims that plant-based milks are misleading to consumers. Those opposing DPA claim the legislation would serve only to protect the fledgling dairy industry from competition, and would violate corporate First Amendment free speech rights. Rowland envisions that the “battle for the milk mustache will only intensify” in coming years and concludes his analysis by stating, “It seems consumers are waking up to the realities around dairy and changing their behavior at the grocery store.” Recent market research studies predict that the plant-based milk industry will reach $35 billion by 2024, while consumer reports predict dairy consumption will fall by 11 percent by 2020.

More News

Veganism is Stunting Growth of Camel-Milk Industry

Consumers increasingly choosing plant-based milk alternatives is limiting the growth of the camel-milk industry.
Read More »

New Vegan Eatery Shares Profits with Employees

The Red Lunchbox in Halifax, Nova Scotia is good for the animals and fair to its workers.
Read More »

Real Housewives Star Throws Vegan Dinner Party

Porsha Williams' plant-based feast, complete with copious amounts of alcohol, was lit AF.
Read More »

Vegan Wins Wildlife Photographer of the Year

A moving image of Pikin the gorilla and her rescuer taken by photographer Jo-Anne McArthur was chosen among 50,000 applicants.
Read More »

Meatless Product-Launches Increase by 451 Percent

New data shows that UN naming 2016 the International Year of the Pulses is driving the growth of legume-based meat replacers in Europe.
Read More »

This Week on VegNews TV: The secret to these delightful sweet treats is white beans! Aylin Erman shows you how to make these simple blondies.

More Videos »