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zenithinternationalspecialist consultants to the food and drink industries worldwide
STRATEGY & MANAGEMENT MERGERS & ACQUISITIONS COMMERCIAL & MARKET OPERATIONS & TECHNICAL WATER & ENVIRONMENT PACKAGING & DISTRIBUTION
Food Matters Live
LACTOSE FREE AND DAIRY FREE
PRODUCT OPPORTUNITY
Presentation on behalf of Esther Renfrew,
Market Intelligence Director, Zenith International Ltd
18th November 2014, London
zenithinternationalspecialist consultants to the food and drink industries worldwide© Zenith International Ltd 20142
CONTENTS
Lactose free in context 1-3
Lactose free brand leaders 4-6
Lactose free misconceptions 7-8
Dairy free alternatives 9
Dairy free brand leaders 10-11
Dairy free innovation 12-13
Dairy free investment 14
Trends summary 15-16
zenithinternationalspecialist consultants to the food and drink industries worldwide© Zenith International Ltd 2014
1: LACTOSE FREE IN CONTEXT
3
Lactose free opportunity
Dairy market dynamics
Prevalence of lactose
intolerance
Competition –existing lactose free products &
dairy alternatives
Socio-economic factors
zenithinternationalspecialist consultants to the food and drink industries worldwide© Zenith International Ltd 2014
2: INTERNATIONAL DAIRY MARKETMilk/yogurt/cheese consumption in 33 countries
4
191
193
197
200
186
188
190
192
194
196
198
200
202
2008 2009 2010 2011
000 tonnes
+1.2%
+1.6%
+1.7%
zenithinternationalspecialist consultants to the food and drink industries worldwide© Zenith International Ltd 2014
3: LACTOSE INTOLERANCE WORLDWIDE
5
zenithinternationalspecialist consultants to the food and drink industries worldwide© Zenith International Ltd 2014
4: LACTOSE FREE BRAND LEADERS
6
Brand: Lactaid
Country: USA
Brand owner:
McNeil Nutritionals
Brand: MinusL
Country: Germany,
other European markets
Brand owner: Omira
Oberland-Milchverwertung
Brand: Eila Zero Lactose
Country: Finland, other
European markets
Brand owner: Valio
zenithinternationalspecialist consultants to the food and drink industries worldwide© Zenith International Ltd 2014
5: LACTOSE FREE BRAND LEADERS
7
Brand: Zymil
Country: Italy, plus others
Brand owner: Parmalat
Brand: Lactofree
Country: UK, Ireland
Brand owner: Arla Foods
zenithinternationalspecialist consultants to the food and drink industries worldwide© Zenith International Ltd 2014
6: LACTOSE FREE INNOVATION
8
Mainstream brands
• US Yoplait yogurt – 4 lactose free variants
• Europe Activia yogurt – lactose free in Germany, Scandinavia
• New Zealand Anchor milk – 2 variants
Technology improvement
• Better taste
• Less sweet
Awareness and availability
• Health, allergy concerns
• Health stores, categories
zenithinternationalspecialist consultants to the food and drink industries worldwide© Zenith International Ltd 2014
7: LACTOSE FREE MISCONCEPTIONS
9
• Gastrointestinal problems mistakenly self-diagnosed as
lactose intolerance
• Lactose intolerance is same as milk allergy
• Lactose intolerant should stop dairy consumption
• Lactose free not real dairy
So some lactose intolerant may miss out on dairy nutrients
such as calcium, phosphorus, vitamin D, proteins
zenithinternationalspecialist consultants to the food and drink industries worldwide© Zenith International Ltd 2014
8: MISCONCEPTION REMEDY
10
Education
• To dispel myths
• To ensure consumers understand lactose free dairy benefits
Lactose free does not mean avoid dairy
zenithinternationalspecialist consultants to the food and drink industries worldwide© Zenith International Ltd 2014
9: DAIRY FREE ALTERNATIVES
11
• Soy
• Cereal – rice, oats, barley
• Nuts – almonds, cashew, coconut, hazelnut, walnut
• Plant – sunflower
zenithinternationalspecialist consultants to the food and drink industries worldwide© Zenith International Ltd 2014
10: DAIRY FREE BRAND LEADERS
12
Alpro Almond
Breeze
zenithinternationalspecialist consultants to the food and drink industries worldwide© Zenith International Ltd 2014
11: DAIRY FREE BRAND LEADERS
13
Dream Silk
zenithinternationalspecialist consultants to the food and drink industries worldwide© Zenith International Ltd 2014
12: DAIRY FREE INNOVATION
14
• Fortification with vitamins
A, B2, B12, D2, E
• Fortification with minerals
Mainly calcium
• Clean label
Lactose free, dairy free, cholesterol free, GMO free,
additive free, preservative free
• Organic ingredients
zenithinternationalspecialist consultants to the food and drink industries worldwide© Zenith International Ltd 2014
13: DAIRY FREE INNOVATION
15
Dream
Gelato
2013
Silk
Fruity &
Creamy
2013
zenithinternationalspecialist consultants to the food and drink industries worldwide© Zenith International Ltd 2014
14: DAIRY FREE INVESTMENT
16
September 2014
WhiteWave Foods to buy so Delicious Dairy Free for $195 million
zenithinternationalspecialist consultants to the food and drink industries worldwide© Zenith International Ltd 2014
15: LACTOSE FREE TRENDS
17
• Widening product portfolio
• Co-existence with dairy
• Rising consumer awareness
• Self diagnosis boosting demand
• Better tasting products
• Fortification
• New category development – curd cheese
• Lower fat and sugar – stevia
• Packaging range extension - family
zenithinternationalspecialist consultants to the food and drink industries worldwide© Zenith International Ltd 2014
16: DAIRY FREE TRENDS
18
• Ever broader choice beyond soy
• Soy losing halo – health, genetic modification
• Almond rising – high calcium, high antioxidants, low calorie, no
saturated fat, vitamin E, vegan
• Cereals and nuts appearing
• Blends beginning
• Range extensions from milk to yogurt, desserts, ice cream
• Fortification
• Clean label emphasis
For more information on this presentation or on any of Zenith’s services, please contact:
Or telephone Zenith’s head office on +44 (0)1225 327900.
STRATEGY & MANAGEMENT MERGERS & ACQUISITIONS COMMERCIAL & MARKET OPERATIONS & TECHNICAL WATER & ENVIRONMENT PACKAGING & DISTRIBUTION
zenithinternationalspecialist consultants to the food and drink industries worldwide
Esther Renfrew Richard Hall
[email protected] [email protected]
www.zenithinternational.com
www.globaldrinks.com
www.bevblog.net