Dairy Foods & Beverages

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Consumers' love affair with ice cream is global in scope. In fact, the global ice cream market size was valued at US$54.80 billion in 2016 and is expected to grow at a compound annual growth rate of 4.1% between 2018 and 2025, according to a January 2018 report from San Francisco-based Grand View Research.

Coming off a sluggish season with near-flat sales across yogurt, sour cream, cream cheese and cottage cheese, cultured dairy products are practicing new techniques in a bid for a World-Series season. The top priority at practice has been positioning the players for new consumption occasions.

Although its growth at retail has slowed down in recent years, the natural cheese category is still gaining yardage. Dollar sales in the total category rose 1% to $12.9 billion during the 52 weeks ending Aug. 12, 2018, data from Chicago-based market research firm IRI show. Unit sales increased 1.5%.

It's been another year filled with bogeys for the milk segment. Dollar sales in the overall category fell 3.9% to $15.3 billion during the 52 weeks ending Aug. 12, 2018, data from Chicago-based market research firm IRI show. Unit sales dropped 1.4%.

According to the Milk Processor Education Program (MilkPEP), milk remains a key shopping trip driver, with 95% of U.S. households buying milk, and doing so an average of 30 times per year.

Sweet habit debuts high-protein, low-fat ice cream

Life is a bowl of Perry's. Visitors to Perry's Ice Cream's (Perry's) Akron, N.Y.-based headquarters and processing facility are sure to spot that particular saying across signage, corporate literature and even product packaging.