State of the Industry 2020
State of the Industry 2020
Excitement builds for dairy under the big top
Bolstered by significant recent dollar sales growth, most dairy categories are celebrating on the circus bandwagon. They also are embracing challenges and opportunities in preparation for their next act.
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Butter is taming the plant-based competition
The roar of plant-based butter alternatives is loud, but butter’s crack of the whip is keeping that threat in check.
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It’s a juggling act for cultured dairy
Cultured dairy categories have been keeping multiple trends in motion, with varying results.
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Ingredients for dairy products take innovation to new heights
Dairy is flying high with the ingredient trapeze act of 2020.
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Abracadabra! — Milk sales take off
It’s no illusion. The coronavirus pandemic and product innovation are bringing consumers back to the category.
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US dairy exports walk a tightrope
With the pandemic-related recession, exporters will need to balance oversupply concerns.
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Nondairy beverages put on a happy face
On-trend product development is helping key segments avoid a sad-clown frown.
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Cheese is flying high
But the category also has had to contort around high retail demand and extreme losses in foodservice/commodity sales.
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Ice cream is a category on fire
The COVID-19 pandemic created a hot spot for ice cream/frozen novelty purchases.