Many dairy manufacturers have added non-dairy products to their portfolios, in order to keep up with consumer demand for plant-based options. However, that doesn’t mean dairy should be discounted. According to research firm Mordor Intelligence, the dairy packaging sector is expected to grow at a compound annual growth rate of 4.61% from 2019 through 2024.
The research in the report looked at milk, yogurt and cheese. Healthy snacking is one factor of growth. Portion-controlled products like Mini Babybel cheese, ice cream in single-serve cups and yogurt with new toppings, flavors and packaging type can be seen in the dairy case.