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Global Dairy Consumption Drops More Than 20%

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According to Cargill, the world's largest producer of animal feed, dairy sales are down on a global level. Between 2006 and 2016, they've dropped 22 percent. On the flip side, sales of plant-based milk alternatives have tripled. There's a notable increase of plant-based milks in the Asia Pacific market.

Cargill presented their findings at a recent Institute of Food Technologists trade show. The numbers come from their internal research.