Plant-based milk drinks are missing from store shelves
The trend of plant-based foods that is spreading throughout Europe does not leave Hungary cold either, but surprisingly, not a single domestic manufacturer produces such products. The Agrárszektor asked Zombor Berezvai, an assistant professor at Budapest’s Corvinus University, some questions to understand why domestic dairy industry players are left out of this growing market.
Hungary’s agricultural characteristics would be ideal for the production of plant-based beverages. Oats, soy and rice are grown in significant quantities at home, while other popular ingredients such as coconut or almonds could be imported. So why are domestic businesses lagging behind in this area?
According to the assistant professor, entering a new and innovative product category requires the attitude of the company manager and the general industry environment. However, the majority of Hungarian dairy industry players see plant-based milk alternatives as a threat and a passing trend. As a result, there is less willingness to take risks and enter this growing market.
Related news
Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >Nébih inspected dairy departments
The dairy departments of commercial units were inspected by experts…
Read more >Dairy products becoming more expensive: why are your favorite everyday foods getting more and more expensive?
Dairy products are still among the more expensive foods, and…
Read more >Related news
Holiday Shopping Study 2024: European Consumers Plan Ahead Amid Economic Pressures
The “Holiday Shopping Study 2024,” conducted by ShopFully and Offerista…
Read more >Nestlé Szerencs factory expands with new solar park
The 1.5 GW annual capacity solar park will come into…
Read more >Oversupply in the office market, returning demand in retail properties and hotels expected in 2025
The Hungarian commercial real estate market is currently characterized by…
Read more >