Dairy & Dairy alternatives
New report suggests average prices at retail of dairy alternatives are at parity with milk
HALIFAX, N.S. (July 14, 2022) – While the consumption of fluid milk is at an all-time low, dairy alternatives are becoming more visible at the grocery store. Canadians are buying more dairy alternatives for a variety of reasons, but the cost of these products has been considered prohibitive for a long time. However, dairy products are becoming more expensive in Canada. The Canadian Dairy Commission called for a record increase in the price of milk on the farm by 8.4% last fall only to increase it even more by 2.5% in September of this year. Following this, the Agri-Food Analytics Lab at Dalhousie University, in partnership with the advanced price analytics company, BetterCart Analytics, compared prices of fluid milk across the country with dairy alternatives. This is the first time a comparative analysis looking at both milk and dairy alternative retail prices has been conducted.
Dr. Sylvain Charlebois, Director Agri-Food Analytics Lab,
Janet Music, Research Program Coordinator
Agri-Food Analytics Lab,
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