Some dairy categories are still stationed at mission control waiting for the perfect weather conditions. However, a majority of segments are ready for takeoff, especially as dairy consumption reaches an all-time high, according to FDA data.
Yogurt, cream cheese are loved to the moon and back as per cultured dairy sales. IRI reports that yogurt, No. 3 on IRI’s Dairy15 Top Categories list, generated $8.4 billion in dollar sales and an 8.6% YoY growth. No. 9 on the list, cream cheese sales totaled $2.3 billion with 8% YoY growth.
Although the industry faces many challenges, there are exciting opportunities for future growth, according to the six dairy industry executives we queried.
The food maker announced a contest across TikTok in honor of the food category.
November 2, 2022
The Chobani Flip Chief Flavor Taster Contest builds on the brand’s ongoing marketing efforts to reach a younger consumer base. Earlier this year, Chobani launched its first metaverse experience on Roblox, which is best known for its popularity among young users.
Lactalis Canada adds cultured dairy brand Khaas to growing portfolio.
October 5, 2022
Lactalis Canada, the Toronto, Canadian dairy leader behind iconic brands like Balderson specialty cheeses, Lactantia butter and siggi’s, acquired specialty brand Khaas. With products that currently include Khaas Halal and Khaas Dahi, Lactalis Canada says it is the only national dairy leader in ethnic yogourt.
Company made the announcement at the White House Conference on Hunger, Nutrition and Health.
September 28, 2022
Danone's investments will serve to improve food access and affordability, integrate nutrition and health, empower consumers with the knowledge to make healthy choices, and enhance nutrition and food security research.