From improving food safety to reducing employee turnover, from launching new products to embracing sustainable packaging, dairy processors are expected to grow in several ways this year.
Borden Dairy Co. became the second major milk producer to file for bankruptcy in the last two months. Decreased milk consumption combined with the rising price of milk have crippled the dairy industry with debt. Dean Foods, America's largest milk producer, filed for bankruptcy November 12, 2019.
Cheese manufacturer Jermi sought increased production to overcome challenges in the packaging process.
October 28, 2019
Cheese producer and supplier Jermi regularly supplies supermarkets with sliced cheese such as Gouda and Edam. Plastic blisters containing varying types of cheese are packaged in display cartons for this purpose. Jermi needed a new packaging line in order to make the existing production significantly more efficient.
The market for dairy and dairy alternative beverages will reach a projected $28 billion by 2021, according to market research firm Packaged Facts in the new report, Dairy and Dairy Alternative Beverage Trends in the U.S., 4th Edition. Spurring the segment's growth will be plant-based dairy alternatives, which are expected to come to represent 40% of the combined total of dairy and dairy alternative beverages.