Despite ongoing challenges such as a downturn in fluid milk consumption, the rise of plant-based alternatives, persistent inflation, fluctuating supply chain costs, and ephemeral consumer preferences, the future remains bright for dairy producers open to innovation and collaboration, according to the 2023 Dairy Industry Report.
The report titled Innovation, Adaptation, Transformation, produced by PMMI, The Association for Packaging and Processing Technologies, says new products, innovative formats, and increased avenues for consumer connections are helping dairy producers reach further into dairy markets and excite new demographics of dairy consumers.
Advancements in processing and packaging technology are enabling dairy companies to keep up with changing consumer preferences by introducing new products and new formats without the need for constant, costly investment. Expanding partnerships and collaboration efforts are uniting stakeholders across the dairy industry in a shared goal of driving their products and markets to new heights, according to report findings.
The perfect place for dairy professionals to find the right partners and collaborative relationships is Pack Expo East – 18–20 March 2024, Pennsylvania Convention Center, Philadelphia). With over 7,000 industry professionals from more than 40 critical vertical markets such as food and beverage, cosmetic, personal care, industrial and household products, and life sciences, this show is the perfect place to explore new technologies, see innovation in action, and expand your network.
Based on the PMMI report findings, dairy processors need to stay on top of key trends driving growth in this market. Factors such as packaging innovation and new formats, technology adaptation and automation, machinery versatility and throughput, sanitation improvements, as well as OEM services are critical to success in this sector.
The report emphasizes the need for dairy companies to differentiate themselves through product and packaging innovations that speak to their consumers’ preferences and lifestyles.
As the most comprehensive packaging and processing show on the East Coast, Pack Expo East delivers cross-over solutions with the time to dive into detail with more than 400 key suppliers. With dozens of free educational sessions happening on the show floor, you will have the unique opportunity to hear from experts, learn about new applications, and gain ideas that you can put into action.
At Pack Expo East, attendees will see not only a wide array of solutions under one roof but also experience quality time with exhibitors. Located within a few hours of much of the East Coast, this show is convenient, affordable, and feasible to bring your entire team.
PMMI, The Association for Packaging and Processing Technologies, represents more than 1,000 manufacturers and suppliers of equipment, components, and materials as well as providers of related equipment and services to the packaging and processing industry.
The Pack Expo trade shows unite the world of packaging and processing to advance the industries they serve.
