From Yahoo Finance: 2025-06-06 11:15:00

In 2019, Chobani expanded beyond dairy with oat-based products, now selling over ten SKUs under its Chobani Oatmilk brand. The company recently acquired US frozen-foods business Daily Harvest, known for its smoothies and breakfast bowls. Danone has been making moves in the dairy alternatives market, including acquiring Kate Farms and WhiteWave Foods. They aim to triple their plant-based business by 2025. Arla, known for Lurpak butter, launched a plant-based spread and oat-based drinks under the Jörd brand. They continue to innovate to attract new consumers. Arla recently discontinued the Jörd alt-milk brand in the UK market. Lactalis is launching Siggi’s yogurt brand into the plant-based market with new yogurt products made from coconut, macadamia, and pea protein. In August 2022, Lactalis Group announced plans to convert a milk production facility in Canada into a plant-based dairy products plant due to unprofitability in the fluid milk market. Meanwhile, Germany’s largest dairy group, DMK, introduced a new division focusing on plant-based alternatives and plans to launch vegan chocolate milk, rice-based desserts, and a vegan cheese alternative.

General Mills made moves in plant-based dairy with its Yoplait brand, launching a coconut dairy alternative and an almond-based version of Petits Filous in the UK. The company also unveiled a test launch of animal-free cream cheese and switched to using Remilk’s animal-free whey protein. However, in March 2023, General Mills pulled its Bold Cultr precision fermentation alternative cheese from the market. Additionally, Saputo acquired UK dairy-alternative cheese manufacturer Bute Island Foods to accelerate its growth in the dairy-alternatives sector. Nestlé, the world’s largest food maker, has also ventured into plant-based dairy through acquisitions and new product development. Nestlé introduced almond milk with fruit in Mexico in 2018. In June 2022, Nestlé’s infant-formula unit launched Little Steps Plantygrow Plant-based Growing Up Drink for toddlers. Nestlé also announced a trial of animal-free dairy drinks in San Francisco under the Cowabunga brand. Müller and Kerry Group have also invested in dairy alternatives, with Müller launching a vegan range in 2021 and Kerry offering dairy-free products since 1994. Valio introduced Oddlygood non-dairy products made from Finnish oats in 2017, and acquired the Planti vegan brand in 2023. Granarolo has a dairy-free range made from local ingredients, and PHW Gruppe acquired distribution rights for Mondarella dairy-free mozzarella cheese in 2019. In February 2019, PHW Gruppe partnered with US-based Just to distribute Just Egg in Europe. In December 2018, Hood launched its first vegan milk line called Planet Oat, available in four flavors. UK-based Delamere Dairy introduced its plant-based milk range, Planted, in 2018, offering fortified drinks approved by the Vegetarian Society. Emmi from Switzerland entered the plant-based market with Beleaf products in April 2020. Epigamia, an Indian dairy brand, launched coconut milk yogurts in June 2020. French dairy major Candia introduced plant-based beverages in June 2020. Australian dairy company Bega launched its first plant-based cheese in March 2023. Brownes Dairy in Australia also entered the plant-based sector with almond, oat, and dairy alternatives. Savencia, a French dairy company, offers plant-based alternatives under its cheese brands and launched plant-based spreads in France and Germany. Savencia acquired Hope Foods, a US supplier of plant-based dips and spreads in October 2021. In July 2020, Chinese dairy giant Yili partnered with Lever VC to invest in plant-based start-ups in China. Keytone launched a range of vegan protein shakes in Australia in 2020. In December 2020, German dairy group Hochland invested in Israel-based Remilk, a start-up producing animal-free dairy products. Megmilk and Agrocorp International set up a factory in Malaysia to produce plant-based dairy ingredients in 2023. Orkla participated in a financing round for Eden Brew, an Australian start-up developing animal-free dairy proteins. Fonterra invested in Vivici, a Dutch start-up developing animal-free dairy proteins through precision fermentation in August 2023. 1. The stock market soared today, with the S&P 500 hitting a record high and the Dow Jones Industrial Average closing up over 300 points. Tech stocks led the way, with Apple, Amazon, and Microsoft all posting gains.

2. The latest jobs report showed a significant increase in hiring, with 500,000 new jobs added in the month of June. This beat expectations and brought the unemployment rate down to 5.9%.

3. In international news, tensions are rising between the US and China as the two countries clash over trade policies. The US has imposed tariffs on Chinese goods, which has prompted China to retaliate with their own tariffs.

4. Scientists have discovered a new species of dinosaur in Argentina. The dinosaur, named Llukalkan aliocranianus, was a carnivorous predator that lived 80 million years ago.

5. In sports, the NBA Finals are heating up as the Milwaukee Bucks and Phoenix Suns battle it out for the championship. The series is tied 2-2, with both teams showing impressive performances.



Read more at Yahoo Finance: The dairy companies also present in dairy alternatives