2023 Dairy Industry Report - Innovation, Adaptation, Transformation Executive Summary
2023 Dairy Industry Report - Innovation, Adaptation, Transformation Executive Summary
The dairy industry has faced numerous challenges in the last decade, which have fueled discussions amongst dairy
producers. A prolonged downturn in fluid milk consumption, the rise of plant based alternatives, persistent inflation, fluctuating supply chain costs, and ephemeral consumer preferences have all contributed to dairy companies’ general concerns within the industry.