The pandemic continues to cause instability and serious concern for the global food industry. Thanks to the enormous efforts in the food retail sector and the chains that supply it, consumers can still obtain supplies, but what about new products that were scheduled to be released at this time?
Europe’s Largest Dairy Cooperative Merger Could Open New Opportunities for Plant-Based Innovation
The DMK Group and Arla Foods have announced their intention to merge, creating Europe’s largest dairy-focused cooperative. The merger, which is subject to approval from both cooperatives’ representative assembly and regulatory authorities, will bring together over 12,000 farmers and achieve pro forma sales of €19 billion. While the merger primarily targets the dairy sector, it also has significant implications for the growing plant-based dairy market. Both companies have increasingly expanded into the plant-based space, and the merger may further accelerate this trend. Expansion of plant-based offerings Arla Foods, traditionally known for its dairy products, has been expanding its plant-based product range in response to the growing demand for vegan alternatives. One of its recent innovations includes the launch of the Arla® Pro soft serve mix, …