Industry News

Waning dairy consumption and changing consumer preferences are prompting US dairy producers to move into exports and nondairy alternatives, a McKinsey study finds. Some 51% of US dairy exporters surveyed in 2018 plan to further expand overseas, and 51% of dairy producers believe the nondairy market will continue to grow, versus 38% who expressed the same sentiment in 2015.

Full Story:

Related Summaries