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Rising Dairy Consumption Providing Comfort in a Challenging Time

The data is in, and in dairy’s corner of the world, it brings some comfort at a challenging time. Throughout the market ups and downs of the pandemic era, consumers love of dairy products has been a constant, even rising in 2020 from 2019 and once again proving that, despite these challenging times, a glass of milk remains as relevant as ever.

Retail dairy purchases, which jumped at the pandemic’s beginning, have remained elevated throughout the year.

Dairy product retail volume

With more meals being prepared at home, dairy has provided comfort in uncomfortable times. Baking went better with butter. Coffee was complemented with real dairy cream or half-and-half. Milk remained essential to family nutrition.

MILK CONSUMPTION GREW DURING PANDEMIC

MILK CONSUMPTION GREW DURING PANDEMIC

Milk consumption itself saw gains across categories. Buttermilk use rose with the baking revival, organic and conventional volumes of fluid milk rose, and lactose-free milk saw increases comparable to those of plant-based beverages – which, despite the hype from the fake-milk marketers, is a comparably-sized market to that of lactose-free alone.

What’s beyond compare is just how much more milk sales grew relative to plant-based during the pandemic – nearly $1 billion in growth compared to less than $400 million for plant-based.

DAIRY BEATS PLANT-BASED GROWTH

DAIRY BEATS PLANT-BASED GROWTH

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CEOs of the Industry, A Conversation with Daniel Rivest, President & CEO, Olymel

Video: CEOs of the Industry, A Conversation with Daniel Rivest, President & CEO, Olymel

Swine Web’s CEOs of the Industry series welcomes Daniel Rivest, President & CEO of Olymel, for a wide-ranging conversation about leadership, the future of Canadian pork, and the opportunities ahead for one of North America’s largest pork and poultry processors.

Rivest discusses his journey to the CEO role, his leadership philosophy, and his early priorities at Olymel. The conversation explores the company’s strategic direction, its relationships with producers, and how Olymel is positioning itself for long-term growth and competitiveness.

The discussion also tackles some of the biggest issues facing Canadian pork production today, including labor availability, global competition, animal health, trade and export markets, automation, and the growing potential of artificial intelligence throughout the food production system.

Topics include:

• Daniel Rivest’s path to becoming President & CEO of Olymel

• Olymel’s current position and strategic direction

• The outlook for Canadian pork production

• Building stronger relationships with producers

• Global trade and key export markets

• Automation, innovation and artificial intelligence

• Leadership lessons and opportunities for the next generation

The conversation concludes with a Fast Five, giving viewers a more personal look at Rivest’s leadership approach and his vision for Olymel’s future.