Dairy Foods names New York City-based Chobani LLC as its 2024 Processor of the Year, honoring the company’s impressive humanitarian efforts, its entrance into new dairy and non-dairy markets, and its tremendous growth.
Like a powerful blizzard blasting the landscape, health and wellness is socking it to the dairy ingredients’ sector. But rather than snow, ice, and high winds pelting consumers, shoppers are facing a deluge of such positive elements as products that are low in sugar, high in protein, and those that contain prebiotics and probiotics.
Lactose-free milk remains a bright spot in the milk category. According to information from Dairy Management Inc., retail volume sales are up 11.6% in 2024 year-to-date (YTD) (through July 21), building on average annual growth of 11.4% from 2019 to 2023.
New ingredients from ASR Group,Cargill,and Global Organics along with innovations from IFPC are helping dairy manufacturers with loads of low-calorie options that taste sugar-like. Monk fruit, coconut milk powders and honey also are trending.
In good and times and bad, it is difficult to match the excitement of sports. Going hand-in-hand are sports nutrition products which reached $3.5 billion in 2022, and are expected to skyrocket in the coming years.
As our State of the Industry report, appearing last issue proves, milk sales are mixed compared to prior years. Total dairy milk sales totaled nearly $15.6 billion for the year ending Aug. 13.
An Ho, director of food science and product innovation, at International Food Products (IFPC) joins Dairy Foods for Episode 34 of the “Let’s Talk Dairy” podcast.