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
Here is the announcement: the GVH is investigating the dairy products and egg markets as well
The Hungarian Competition Authority (GVH) has launched accelerated sector investigations…
Read more >People in Slovakia have started hoarding milk
The new hotspots of the foot-and-mouth disease epidemic in Slovakia…
Read more >István Nagy: we must win the trust of consumers
In addition to the developments affecting the agricultural sector, we…
Read more >Related news
Viktor Orbán: we will introduce margin reduction for new products as well, if necessary
The margin regulation must be maintained because people must be…
Read more >Healthy meat products rich in fiber and protein have been developed in Debrecen
A new product line consisting of health-promoting, fiber- and protein-rich…
Read more >German retail sales fell month-on-month in April
In Germany, retail sales fell by 1.1 percent in real…
Read more >