The DMK Group is the largest German dairy cooperative with a turnover of 5.6 billion euros and with brands such as Milram, Humana, Uniekaas or Alete one of the largest suppliers to German food retail. In its long-term planning up to 2030, the DMK Group has given fundamental thought to what the world will look like in 2030 and what contribution each area of its business can make to it. The company wants to penetrate adjacent beverage and food segments, which, in addition to dairy products, will constitute a future mainstay, including plant-based alternatives.
According to the DMK Group, demand for classic dairy products is stagnating in many product segments, particularly in Europe. Changing consumer preferences and an increasing number of intolerances have created a new market with plant-based milk alternatives that has been developing at double-digit growth rates for years and offers corresponding growth opportunities. Plant-based milk alternatives are aimed at similar consumer needs to those of milk products, and the DMK Group is well placed to accompany this development, the company told us.
Oliver Bartelt, Global Head of Corporate Communications, adds: “Of course, we will not and cannot develop into a plant milk company, but rather add an attractive product segment to our portfolio. We will follow a focused approach here and in the coming months will take a very close look at how we are positioning ourselves in this field in order to participate. What this means is that I cannot give you any information today about specific products, specific markets, etc. In the second half of the year we will be sounding out exactly where we want to position ourselves here.”