Large Companies Active in Changing Dairy Industry

The dairy industry has dramatically restructured in the last 50 years. New processing technologies, shifts in consumer's preferences, and changes in economic conditions have changed the way dairy companies process fluid milk, manufacture dairy products, and market their beverages and products....

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Bibliographic Details
Published inFoodReview Vol. 23; no. 2; p. 8
Main Authors Blayney, Don P, Manchester, Alden C
Format Journal Article Trade Publication Article
LanguageEnglish
Published Washington U.S. Department of Agriculture 01.05.2000
Superintendent of Documents
Subjects
Acquisitions & mergers
Agriculture
Brand differentiation
Conglomerates
Consolidation
Consumers
Cooperatives
Dairy industry
Dairy products
Food chains
Grocery stores
Ice cream
Industrywide conditions
Institutional investments
Investments
Manufacturing
Marketing
Milk
Planning
Product lines
Proprietary
Retail stores
Small business
Statistical data
Statistics
Supermarkets
Wholesale industry
Yogurt
United States
United States > US
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Summary:The dairy industry has dramatically restructured in the last 50 years. New processing technologies, shifts in consumer's preferences, and changes in economic conditions have changed the way dairy companies process fluid milk, manufacture dairy products, and market their beverages and products. Traditional dairy companies that manufactured and sold a full line of dairy products have disappeared from the scene. Today, Wall Street investors favor companies that produce or market high-margin branded products and those that specialize in "core competencies." These companies concentrate on much narrower lines of products. Large firms - those with food and nonfood sales in 1998 of $800 million or more - accounted for 69% of US dairy sales in 1998.
ISSN:1056-327X
2169-8325