The future is definitely animal-free with the rise of precision farming, which uses engineered microbial strains to produce milk and milk components. Thus, now, it's possible to produce milk without cows, with the exact same taste, texture, and mouthfeel, but with a lesser carbon footprint.

Market Outlook

• The animal dairy market is predicted to grow at 12% annually; the market size was at $26.1B in 2022   and is predicted to reach $78.8B by 2032. 
• The rise is most essentially due to the rise in veganism, sustainability concerns, and ethical reasons.

Challenges

Demands are definitely soaring; however, the market is definitely not challenge-free:

1. High cost of production: Newer and cost-effective technologies for scaling up need to be employed.
2. Regulations around the world.
3. Several misconceptions surrounding microbially produced milk

Startups active in the domain

The startups are like perfect Day, Imagindairy are producing milk proteins via microflora fermentation; Remilk produces FDA-approved yeast-based dairy proteins.

The future of the dairy industry is leading towards a revolution. Will people and industry embrace this? Let’s discuss below.

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