FI Fast Break audio news: July 12, 2023
The latest FI news podcast touches on private label’s huge year so far, plus the plant-based category’s sluggishness.
Tag: Milk
Trends Impacting the Dairy Industry
Jennifer Pricco Braasch is a managing director with City National Bank’s Food & Beverage Group. Based in Milwaukee, she supports industry executives with creative financing solutions and industry intelligence. The Food Institute recently asked her …
As U.S. Food Allergies Rise, So Do Opportunities for Food Companies
Food allergies are taking a toll on the U.S. Approximately 32 million Americans have some type of food allergy, according to the Asthma and Allergy Foundation of America. “In the years ahead, the need to …
Goat Milk Gaining Steam, Due to Versatility
We might be seeing more goat milk products in the near future. The market is projected to grow at a CAGR of 4.6% and reach $17.9 billion by 2030, according to a new report by …
Nestlé Boosts Dairy Alternatives Investment with New Arizona Beverage Facility
As Americans grow ever more enamored with alternatives to milk, cream and other dairy-based items, Nestlé USA has decided to make a major investment in the sector with a $675 million beverage facility in Glendale, …
The Big 9 Food Allergens
The U.S. has made progress in food safety issues by adding sesame to its former “Big 8” list of food allergens and, most notably, by broadening and supporting allergen prevention, treatment, and cures, food industry …
Increasing Lactose Intolerance Creating Opportunities in Dairy Alternatives Market
This article is written and sponsored by Transparency Market Research. Rising cases of lactose intolerance, increasing health consciousness among consumers, and changing lifestyles appear likely to bolster growth in the global dairy alternatives market. Veganism, …
Analyst: Plant-Based Food to See Massive Growth in Next Decade
Just when it seems like plant-based food couldn’t get any bigger, the industry is now predicted to grow fivefold by 2030. The global plant-based alternatives market could grow to $162 billion in the next decade, …
The Meteoric Rise of Dairy Alternatives: Will Cow Milk Substitutes Remain Unstoppable?
Cow’s milk has long been known as a rich source of protein and calcium. Owing to the presence of essential nutrients like carbs, proteins, fats, fibers and essential vitamins in milk, cow’s milk and food …
Non-dairy Desserts Shaking up the Ice Cream Aisle
The plant-based ice cream sector is growing fast, with no signs of slowing on the horizon. At the end of March, snack bar brand KIND released seven flavors of frozen, plant-based desserts, reimagining their classic …
FI Agriculture Recap: Dairy Prices May Take Hit as Production Increases
The USDA is predicting increased milk production this year and next, pushing prices lower in the near term. University of Missouri economist Scott Brown told Dairy Herd Management (June 22) producers are getting squeezed by …
Plant-Based Dairy Market Gathering Significant Momentum
If you walk into any cafe or ice cream shop today, you’ll most likely see a few dairy alternative products: almond milk smoothies, soy milk shakes, and oat milk creamers just to name a few. …
Oat Milk Is Gaining Considerable Ground in the Plant-Based Milk Category
Plant-based food and drink companies are tapping into rising consumer demand for animal product alternatives, including milk. In fact, sales of plant-based milks grew five percent in 2019, making up 14 percent of the entire milk category, according to …
Dairy Farms Decline as Milk Alternatives Go Mainstream
The latest USDA data shows that dairy farms are on the decline, while plant-based milk alternatives are growing in popularity. DAIRY FARM NUMBERS DECLINE USDA’s National Agricultural Statistics Service’s latest Milk Production report shows another …
Celebrity-Backed Oatly Poised for Significant Growth with IPO
Celebrity-backed plant-based milk brand Oatly has seen success among vegans and non-vegans alike. Once only found in trendy cafes and niche grocery stores, the company’s oat milk can be found in mainstream foodservice outlets and …
Plant-Based Industry Looking to Sustain Growth
Impossible Foods will use the $700 million it raised in 2020 to double its research and development team to focus on plant-based milk, steak, bacon, and fish products, reported The Washington Post (Oct. 21). The …
Retailers Disrupt Milk Processing Industry
Food Institute Focus – Retailers Disrupt Milk Processing Industry
Dairy Consolidation Outpaces Most Agriculture
Food Institute Focus – Dairy Consolidation Outpaces Most Agriculture
Oat Milk is a Fast-Growing Dairy Option
Food Institute Focus – Oat Milk is a Fast-Growing Dairy Option
U.S. Dairy Farmers Dump Milk
Food Institute Focus – U.S. Dairy Farmers Dump Milk