Dairy sales at retail have been flourishing during the COVID-19 pandemic, but foodservice sales (including schools) have been hurting. What percentage of your dairy company’s sales come from foodservice?
Foods and beverages containing cannabidiol (CBD) seem to be popping up all over, even though FDA notes it is currently illegal to market CBD by adding it to a food or labeling it as a dietary supplement. Is CBD a future ingredient of interest to your company?
More consumers are seeking out dairy products with health benefits achieved via the addition of functional ingredients (e.g., fiber, probiotics, etc.). Is this a new-product-development area of interest for your company?
The oldest members of Generation Z, born after 1996, are turning 22 this year. Is your company doing anything in terms of product development or product marketing to cater to this sizeable up-and-coming demographic?
"Mashups" — the fusion of two or more beverage products that traditionally wouldn't be expected to go together (e.g., coffee plus cold-pressed juice) — is a major ready-to-drink beverage innovation trend, according to "U.S. Beverage Market Outlook 2019," a new report from the Packaged Facts division of Rockville, Md.-based MarketResearch.com. If your company produces dairy and/or other beverages, is this a trend it’s pursuing?