The funding marks a major milestone for the fast-growing, female-founded brand, known for its organic skyr-style yogurt and its broader efforts to elevate dairy from the ground up.
In April 2024, Horizon Organic and Wallaby were acquired by Platinum Equity. Horizon Organic and Wallaby were attractive brands to Platinum as they both offer premium organic and value-added products, which are driving growth in premium dairy categories.
The donation will support initiatives that help remove barriers to childhood nutrition, helping to deliver 2.5 million meals each year—including school breakfast programs and year-round food assistance for families in need, fairlife said.
If there is one theme I have witnessed beyond the oft-mentioned health and wellness and flavor trends, it is today’s staying power of dairy products. Perhaps we should call this the “Golden Age” of dairy.
The company is stepping in to change that with the PT-YO Challenge: an opportunity to receive $5,000 and a flight voucher to finally take the break you’ve earned.
The latest innovations in materials, machinery and sustainability are shaping how secondary packaging supports the growing demands of dairy processors.
Dairy packaging has long been defined by its complexity. Moisture sensitivity, cold chain logistics and product variety all combine to make it one of the most technically demanding sectors in the food industry.
Each year, Dairy Foods and the American Dairy Products Institute (ADPI) host the Membrane Technology Forum, an event that serves as a research update from the network of agencies, associations, suppliers and producers engaged in the dynamic field of membrane filtration and separation. Membrane systems are important in milk, cheese and yogurt as well as in whey protein.
There has perhaps been only one change to the recent sports nutrition market, but it is significant: the industry is no longer just about elite athletes who weightlift or seek to train for a sports event like a marathon or triathlon.
As you perhaps read in our May “Market Trends” report, these are golden years for cultured dairy products, driven by TikTok influencers and health and wellness trends.