Veganism is Stunting Growth of Camel-Milk Industry

Consumers increasingly choosing plant-based milk alternatives is limiting the growth of the camel-milk industry.

A report published this week by market research firm Technavio found that the camel-milk industry is expected to grow at a compounded annual growth rate (CAGR) of seven percent and listed the rise of veganism as the main factor hindering its growth. Technavio revealed that camels are currently exploited for their milk in countries such as Australia, Kenya, and Ethiopia. “Plant-based milk alternatives such as soy milk, almond milk, and coconut milk are some of the major competitors for camel milk,” the report states. “Medical benefits, rising health consciousness among consumers, and increasing vegan population are driving the demand for such products.” In a separate report released by research firm HTF MI last week, veganism was also credited as a market challenge for the veal industry.

More News

Ed Sheeran Buys Vegan Domino's Pizza for Dedicated Fans

The musician treated fans who camped out to see his concert in Brisbane, Australia to vegan pizzas from the chain, which recently added Follow Your Heart's vegan cheese to its menus.
Read More »

UK Doughnut Chain Opens an All-Vegan Outpost

The new plant-based location of doughnut shop Crosstown in London aims to make cruelty free doughnuts that rival the real thing.
Read More »

Zac Efron Thrives on a Purely Plant-Based Diet

The High School Musical actor reveals that ditching animal products has improved his metabolism, sleep, and exercise routine.
Read More »

Dr. Praeger's Debuts Vegan Protein Line

The health-food company is introducing two new burger patties, three types of chicken-free tenders, a meatless sausage, and supergreen nuggets.
Read More »

DKNY and Donna Karan Go Fur-Free

The brands join a growing number of fashion labels and designers that believe fur is outdated.
Read More »

This Week on VegNews TV: The secret to these delightful sweet treats is white beans! Aylin Erman shows you how to make these simple blondies.

More Videos »