Stringent food safety regulations will inspire innovation in machinery standards while encouraging dairy manufacturers to invest in high-quality processing equipment. However, staffing and skill levels remain industry challenges.
Private-label products, sometimes known as private brands or store brands, have enjoyed steady growth since even before the COVID-19 pandemic. And dollar sales continue to grow. In 2023, total dollar sales rose 6%, while units sold grew 0.9% compared to the prior year.