Our pivotal State of the Industry issue is here and with data from market research firms, we highlight whether it’s a torrential downpour or sunny skies for milk, ice cream and frozen novelties, cheese, yogurt and cultured dairy, butter, nondairy beverages, ingredients and exports. As Dairy Foods celebrates its milestone 125th anniversary, we got into the archives and showcase historic achievements. In a special Suppliers’ Section, our suppliers weigh in on their own innovations. We also talk to CEO Julie Smolansky and delve into how Lifeway Foods is orchestrating growth in plant-based kefir.
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.
Queens and Staten Island merged with New York City. The Bronx Zoo opened. The inventor of basketball, Dr. James Naismith, was coaching Kansas University’s new basketball team. AND in 1899, Dairy Foods (via its predecessor Dairy Record) was established.
Sales in the beverages category are mixed year-over-year (YoY), but there are plenty signs of strength. Declining subcategories certainly did not take it on the chin, perhaps a good sign for the industry.
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)).
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.
The magnanimous cultured dairy category is like a clear-blue summer sky with resurging, in some cases, double-digit growth that is “eclipsing” much of the dairy industry.
American life in the 1800s looked vastly different than today. Thanks to the Industrial Revolution, the 1800s saw the newly established United States of America expand from a largely agrarian society to an industrial powerhouse.
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.
Cheese processors’ cheese creations have performed well in recent years, rising at a compound annual growth rate (CAGR) of 3.5% from 2018-2023 to barely a whisper of growth, at 0.5%, expected from 2023-2028 to reach $69.7 billion by 2028.
On Sept. 23, Danone offered to pay some $283 million — $25 per share — to purchase the 76.6% of Lifeway Foods it didn't own. The plan was rejected.CEO Julie Smolyansky talks about the company's history and success with Dairy Foods.
Circana reports that in U.S. multi-outlets and convenience stores for the 52 weeks ending Aug. 11, the overall milk category notched $19.6 billion in dollar sales at a slight 1.2% decrease over the prior year. In the “all other” refrigerated milk segment, however, it was near-perfect fall sunshine with 21.2% growth and $252 million in sales.
Overall, ice cream/sherbet sales rose by 3% year over (YoY) to $8.6 billion for the 52 weeks ending Aug. 11, according to Chicago-based market research firm Circana. Unit sales picked up 0.5% YoY to 1.84 billion.
Several dairy suppliers and processors take a look back to the past as we celebrate our 125th anniversary
November 8, 2024
Although Dairy Foods’ 125-year anniversary is clearly a milestone, many industry suppliers have unique innovations that they share in this special Suppliers' Section.