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January 15, 2020 05:30 pm GMT

Plant-based milk substitute market gets frothy with $225 million for Califia Farms

The market for companies developing dairy substitutes is really getting frothy. In December, the startup Perfect Day Foods announced it had raised $110 million in financing for its dairy replacement and now Califia Farms, the producer of a range of oat and almond milk products (along with a slew of coffees, juices, and non-dairy snacks) […]

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