I would like to start by congratulating Chobani LLC as the 2024 Dairy Foods Processor of the Year recipient. The company has revolutionized Greek yogurt in the North American market and has been at the forefront of the health of wellness trend.
Kwee Choo Ng, regional product manager, Rice Ingredients and Functional Proteins, North America, at BENEO, joins Dairy Foods for Episode 47 of the “Let’s Talk Dairy” podcast, where she addresses ingredient reduction and “free from.”
Dairy Foods reports on how the dairy industry in faring in our eight State of the Industry categories: milk, ice cream and frozen novelties, cheese, yogurt and cultured dairy, butter, nondairy beverages, ingredients and exports.
The U.S. Department of Agriculture (USDA) reported that per capita consumption of dairy products reached 661 pounds per person in 2023, an increase of 7 pounds per person over the previous year and matching the all-time record set in 2021.
The conference will take place at the KI Convention Center in Green Bay, Wis., on January 15 to 16. It will kick-off with a party at Lambeau Field and conclude with the Dairy Farmers of Wisconsin's Master Cheese Reception and a special celebration for DBA's 25th anniversary.
The outlook for U.S. dairy products in 2025 varies by product. The two with the most-clear trajectories are cheese and skim powders (nonfat dry milk (NFDM)/skim milk powder (SMP)).
"The Board determined that Danone's $27 per share proposal substantially undervalues the Company. The board is not however opposed to the sale of the company at any price," Lifeway noted in a statement.
Sabra and Obela are currently 50/50 joint ventures that had been formed between PepsiCo and Strauss Group to manufacture, distribute, and sell refrigerated dips and spreads.
Available in four flavors – Matcha Latte, Berry Blast, Tropical Fruit, and Plain – the new line features 5 grams of collagen in each serving and is lactose-free, as consumer demand for lactose-free dairy products is predicted to grow rapidly over the next five years, according to Lifeway.
There are sunny skies regarding dairy butter. The subcategory’s dollar sales jumped by 4% YoY to $5.1 billion, while unit sales increased a similar 3% YoY to 984 million.