The Dairy Research Institute is holding a new product competition that provides students with an opportunity to develop innovative dairy products in line with current industry and consumer insights.
The Dairy Research Institute, through the support of America’s dairy farmers and importers, is holding a new product competition that provides students with an opportunity to develop innovative dairy products in line with current industry and consumer insights.
The challenge to students this year is to create a dairy beverage that relates to the most recent competitive beverage analysis and meets criteria such as using any form of fresh or dry milk or other dairy ingredients, demonstrating innovation and providing a valuable product for consumers.
“The dairy industry is always delivering new opportunities through science and technology to develop innovative products and ingredients,” says Bill Graves, senior vice president, Dairy Research Institute, Rosemont, Ill. “However, the beverage industry is huge - with an estimated $37 billion in sales. The Innovation Center for U.S. Dairy has gathered information on the competitive beverage set that shows the trends and opportunities in this arena. To be at the forefront of product innovation, the Dairy Research Institute is providing a platform for students to bring their knowledge and expertise to dairy beverage innovation.”
Interested participants can visit www.USDairy.com/NewProductCompetition to download entry forms. The deadline for applications is Feb. 15, 2012. Finalists will be recognized and have the opportunity to showcase their product at the Annual American Dairy Science Association (ADSA) Conference, July 15-19 in Phoenix, Ariz.
The competition is open to undergraduate and graduate students and will recognize three outstanding individuals or teams – with awards totaling:
First prize: $8,000
Second prize: $5,000
Third prize: $3,000
All nominations will be evaluated based on the originality of the dairy beverage for human consumption and relation to the Dairy Research Institute consumer and marketplace insights.
For more information, please visit www.USDairy.com/NewProductCompetition.