In addition to being a source of cultured dairy-free cheese, Miyoko's Creamery is set to become a go-to for vegan butter. The brand recently introduced of a new butter substitute that's made without dairy or palm oil ingredients. Instead, this 'European-Style Cultured VeganButter' is prepared from a base of organic cashews and coconut oil.
In addition to original flavors, the brand also offers Cheesy Garlic VeganButter, which is prepared with a few additional herbs for added taste.
The demand for products like theses are representative of a call for more plant-based alternatives for milk, cheese and other dairy products. Other than vegans, a growing population of health-conscious consumers are also becoming wary of inflammation and other repercussions that come along with eating dairy.
Oil-Based Butter Alternatives
As Well as Non-Dairy Cheese, Miyoko's Creamery Makes Vegan Butter
Trend Themes
1. Plant-based Butter - The increasing demand for plant-based butter alternatives as a result of health-conscious consumers and vegans present an opportunity for new products and innovations.
2. Organic-based Ingredients - The shift to use organic-based ingredients such as cashews and coconut oil in vegan butter is a trend that presents disrupt innovation opportunities.
3. Specialty Flavored Butter Alternatives - The popularity of specialty flavored butter alternatives such as Cheesy Garlic VeganButter showcases a trend towards more unique and diverse plant-based options.
Industry Implications
1. Food and Beverage - The food and beverage industry will continue to innovate with the growing consumer demand for plant-based alternatives and organic-based ingredients.
2. Dairy Alternatives - The dairy alternatives industry is set to expand with the increasing popularity of plant-based butter as it helps to provide a larger variety of dairy-free options.
3. Health and Wellness - The growing demand for plant-based butter alternatives with organic-based ingredients reflects the health-conscious movement that presents a growth opportunity for health and wellness companies.