In its March 2020 "Top Trends in Dairy 2020" report, London-based GlobalData outlines the key consumer and innovation trends currently impacting the global dairy market.
Dairy products with extra benefits are poised to grow globally
April 10, 2020
$14.5 billion. That's the value by which the global probiotic drinks market is forecast to grow between 2020 and 2024, progressing at a compound annual growth rate (CAGR) of 9%. The market is being driven by the health benefits of probiotic drinks, as well as the prominence of probiotic drinks in weight management.
Consumer behavior related to food-related time usage continues to evolve
January 27, 2020
It's critical for food and beverage processors, including dairy processors, to stay abreast of evolving consumer eating habits so they can match product development with actual consumer wants and needs.
Many dairy products retail in cartons, cups and other formats designed to be recyclable. But even though Americans indicate they are still recycling these and other containers, they have little confidence that their recyclables actually get recycled
They might be drinking less milk, but U.S. consumers have a love affair with cheese.
April 23, 2019
It's no secret that milk consumption in the United States has been on the decline for decades. In fact, per capita milk consumption decreased by a whopping 98 pounds between 1975 and 2017, according to USDA data.
The diverse and tech-savvy generation is set to transform food and beverage formulation in the years to come.
October 23, 2018
Generation Z, comprising consumers aged 11 to 22 in 2018, has the potential to reset expectations for health and wellness, increase the reach of international cuisine and heighten creativity in the kitchen, according to global market research firm Mintel.
Whey and milk proteins score high in quality, sensory appeal.
September 12, 2018
As ingredients, whey and milk proteins "address formulator needs for sustainably produced, nutritious, functional, tasteful, versatile, consumer-appealing, securely sourced ingredients for use in food and beverage products"
Gen Z will soon be a powerful consumer force. Dairy processors that focus on ‘real’ food and beverages could win them over.
June 11, 2018
Generation Z has the potential to take demand for "real" unadulterated food to new heights, according to "Make it happen for Gen Z," a 2018 report from the NPD Group, Port Washington, N.Y.