From Cow to Glass: Mapping Innovation in Global Drinking Milk Products

Introduction

Scope

Objectives of global briefing

Key findings

Supply Chain Analysis

Costs of production have strong bearing on DMP retail prices

DMP retail prices rise in real terms for the first time in three years

Market fundamentals also push up milk production costs in 2011

Fluid milk production outstrips industrial consumption in 2011…

… but still insufficient to sate surging demand for milk powder

Asia Pacific pushing up international SMP prices

EU-27 raw milk prices continue their recovery during 2011

Outlook for milk production costs and prices in 2012

Milk processing costs should stabilise in 2012 and 2013

Surging yoghurt forecasts could push up future prices for SMP

Retail Channel Analysis

Supermarkets and hypermarkets dominate global DMP distribution

Modern grocers keep retail DMP prices stable despite cost volatility

Supermarkets and hypermarkets losing global DMP retail share

Small "other" grocery retailers fare best in global DMP distribution

Country focus: Processed milk retail market expands across India

Country focus: Targeting Indian kiranas to maximise retail exposure

Discounters fail to make significant inroads within DMP

How long until modern grocery retailers grow their DMP share?

New Product Developments

Consumers continue to demand added value packaged food

Health and wellness drives innovation in global DMP

Omega-3 fortified milk for middle-aged consumers in Spain

Nestlé's fortified flavoured milk drinks target Brazilian children

Müller taps into snacking and impulse consumption in the UK

Soy milk leverages functionality for health-conscious Thais

Soy beverages hitting India's increasingly dynamic DMP market

Can lactose-free organic milk reverse general declines in France?

Kaba Bio: Germany's food product of the year for 2011

Final Conclusions

Where now for agricultural commodities and food input prices?

Future DMP retail value gains contingent on adding value

Report Definitions

Report terminology

Product category definitions

Retail distribution definitions

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