Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Traditional Dairy Products Have An Image Problem, But It’s Solvable

May 29, 2018: 12:00 AM EST

Alternatives to cow’s milk made from soy, rice, oats, and other plant-based ingredients, are catching on big with consumers, mainly because of smart marketing by producers. The result is that sales of liquid milk slid 3.5 percent in the five years ended in 2017, while dairy alternatives – still a tiny slice of the $600 billion dairy market – grew four percent. The shift is due to a perception by consumers that dairy alternatives are more healthful, and more eco-friendly, than cow’s milk, though experts say there is no evidence of that. But some traditional milk brands have bucked the trend. Coca-Cola’s premium Fairlife milk has grown by touting its ingredients: more protein and calcium, less sugar and lactose. Other dairy companies could follow suit by emphasizing innovation, “premiumization,” new packaging with, label transparency about sourcing, and clear statements about humane treatment of dairy animals.

Lauren Hirsch , "Milk may need a makeover: Alternatives to dairy are increasingly winning over consumers", CNBC, May 29, 2018, © CNBC LLC
Domains
FOOD COMPANIES
Coca-Cola Company
Other
Geographies
Worldwide
North America
United States of America
Categories
Coca-Cola
Companies, Organizations
Consumers
Market News
Other Companies
Products & Brands
Trends
Developed by Yuri Ingultsov Software Lab.