Retail milk sales have soured of late. Dollar sales within the refrigerated milk category fell 1.5% to $14,274.0 million during the 52 weeks ending Nov. 28, 2021, according to data from Chicago-based market research firm IRI. Unit sales tumbled 4.6% to 4,736.1 million.
These days, a trip to the grocery store can be very expensive. According to the U.S. Bureau of Labor Statistics (BLS), the food at home index rose 6.4% over the 12 months ending in November 2021 — the most significant 12-month increase since the period ending in December 2008.
Opportunity knocks for dairy products that offer gut health/immunity benefits, mesh with consumers’ desire for healthier snacks and align with consumers’ values.
Flavors, colors, sweeteners, and inclusions might be the lead actors in dairy product productions. However, gums, stabilizers, and emulsifiers are the supporting actors that can make — or break — a performance.