Our farmers and employees appreciate the honor of being named the 2017 Dairy Foods Plant of the Year. This vote of confidence by one of our industry’s most trusted information sources reflects our entire industry’s commitment to making high-quality U.S. dairy products.
Although bottles, cartons and tubs are widely used, flexible plastic packaging dominates in the global dairy industry. With a market share of more than 27%, it owns a larger share than rigid plastic, paper/paperboard, glass or metal packaging, according to Global Dairy Packaging Market 2016-2020, a report from London-based Technavio.
Demand for plant proteins — and not just soy, but pea, seed, bean and more — is reinvigorating the sector in whole new ways. While a 2015 report by the research firm MarketsandMarkets predicted dairy proteins will reach a value of $18 billion by 2020, plant proteins are hardly far behind. Mordor Intelligence research from 2017 estimates their value will top $14 million by 2022.
With Danone acquiring WhiteWave, the new dairy processing company lands at No. 4 on our 24th annual Dairy 100. This detailed dossier includes brands, products made and plant locations for the largest processors of fluid milk, ice cream, cheese, butter, cultured dairy products, dairy ingredients and other dairy-derived foods and beverages.
The state of North America’s dairy industry is constantly in motion. Since our last report, dairies have been on an acquisition spree. And the deals kept happening even after we finished tabulating the 2016 revenues of the 100 largest dairy processing companies based in Canada, the United States and Mexico.
Maximizing product protection, freshness, convenience and shelf appeal govern packaging decisions about dairy foods. These goals are driving interest in aseptic filling, in-mold labeling, single-serving sizes and functional features.
For a fermented dairy beverage that originated in the Caucasus Mountains more than 2,000 years ago, kefir sure is having a moment. Innova Market Insights reports that the number of kefir launches grew more than threefold globally between 2011 and 2016. In the United States, beverages featuring kefir accounted for 40% of the drinking yogurt/fermented beverage introductions in 2016.
Growing consumer demand for natural and clean-label products has sparked a movement in the food industry. Specialty and organic retailers are on the rise and mainstream retailers are putting more natural and organic products on the shelf.