Plant-Based and Precision-Fermented Milk Set for Dominance in Europe by 2040, Report Predicts
Plant-based milk could be 10% cheaper than cow’s milk and become a staple product and ingredient by the end of 2030 if products meet taste and nutrition requirements, such as higher protein and micronutrients. Meanwhile, alternative milk made with precision-fermented (animal-free) whey and casein proteins will become increasingly competitive as technical innovations improve and production processes scale up. These are among various estimates from the latest report by alternative protein consultancy Bright Green Partners. This report examines the opportunities the European dairy industry has to address a projected rise in production costs by investing in sustainable alternatives to traditional dairy products. Floor Buitelaar, managing partner of Bright Green Partners, shared, “This report is a must-read for industry leaders who want to understand the future dairy …