This Week's Top Story

 

This Week's Other Stories:

EDITORIAL COMMENT:
Consumers Are Certainly Enjoying Milkfat These Days

OTHER NEWS:
USTR Seeks Comments On Significant Barriers, Such As Tariffs, To US Exports

OTHER NEWS:
Whey-Based Ingredients Used In Food Rose 15.8% In 2019: ADPI Survey

GUEST COLUMNISTS: Retain Your Workforce as Pandemic – and Child Care Disruptions – Persist
by Rebekah Sweeney
Communications and Policy Manager
Wisconsin Cheese Makers Association

COMPANY PROFILE: Ohio’s Middlefield Original Cheese Finds Unexpected Market For Paneer

PREVIOUS COLUMNS: As Pandemic Upends Business As Usual, Many Consider SQF Implementation
by Brandis Wasvick

Lots of Uncertainty on Milk Prices by Dr. Bob Cropp

Demand Remains in Volatile Times by John Umhoefer

Ready, Set…..Go?….Back to the Office by Jen Pino-Gallagher, M3 Insurance

Cheese Makers, Cheese Marketers Discuss How To Manage the Pandemic by Dan Strongin

Boots On The Ground
by Jim Cisler

As FSMA Takes Full Effect, Partnership Opportunities Abound To Improve Food Safety Practices by Larry Bell and Jim Mueller

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Whey Ingredients Business Has Bright Future; Growth Will Be Complicated

Utrecht, Netherlands—The whey ingredient landscape “has a bright future,” with more new products on the horizon and a continued consumer focus on health and wellness, according to a new RaboResearch report, Follow Me This Whey: A Look Into the Innovative ad Growing World of Whey Proteins.

However, manufacturing and capital costs are high, and it is necessary to have a strategy, including flexibility along the whey stream, for the utilization of whey’s derivative streams, the report noted.

Due to the increased supply, competition, and smaller margins, many manufacturers may need to seek strategic partnerships, mergers, and acquisitions to gain equity and core competencies and to secure whey streams, market share, and emerging technologies, the report added.

Ironically, a product that is by most classifications the best source of protein for human nutrition today, and an industry worth over $6 billion and growing at a 3.3 percent compound annual growth rate through 2022, was a waste product from cheese production not too long ago, the report pointed out. It has taken a few decades, but growing demand and higher prices incentivized investment in innovation, and in turn innovation unlocked new products and opportunities and new demand.

In 2005, roughly 70 percent of the global whey stream was further processed, but growing demand and prices saw whey stream utilization increase to around 90 percent by 2019, according to 3A Business Consulting, which is based in Denmark.

The whey industry has proven itself to be one of the most innovative, sustainable, and technologically advanced in the food industry, according to the RaboResearch report. As a result of increased manufacturing capabilities and demand growth, all of the scalable whey pools in the world have been captured and provided value-added products across the food, feed, nutrition and pharmaceutical industries.

As of 2019, around 10 percent of the world’s annual whey production remains unrefined, ... Send me more information