Dairy Dairy January to September 90 100 80 85 8 7 7 7 60 8 - - PowerPoint PPT Presentation
Lena Ingvarsson Marketing Director Dairy Dairy Dairy January to September 90 100 80 85 8 7 7 7 60 8 4 6 6 6 4 80 5 2 40 7 8 75 7 7 7 7 20 2 9 70 0 2010 2011 2012 2013 2014 2010 2011 2012 2013 2014 Volum es
7 7 8 4 7 7 7 8 8 7 70 75 80 85 90 2010 2011 2012 2013 2014 Volum es ('000 MT) 2 9 6 6 5 2 6 4 7 7 20 40 60 80 100 2010 2011 2012 2013 2014 Operating profit (SEK m illion) 0 .3 8 0 .7 9 0 .6 8 0 .8 2 0 .8 9 0.00 0.20 0.40 0.60 0.80 1.00 2010 2011 2012 2013 2014 Operating profit per kilo (SEK)
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Source: Euromonitor
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Applications: Cream/ Toppings Ice cream Powdered milk Milk drinks Non-dairy milk alternatives Coffee whiteners Butter Cheese Condensed milk Market size year 2013 MT 66,2 million Market size year 2013 USD 309 billion Market growth 2014-2016 CAGR 3,4%
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Source: Euromonitor
Cheese 4 200 Milk drinks 300 Coffee whiterners 240 Cond milk 360 Cream 1 300 Ice cream 1 000 Butter 2 600 500 1 000 1 500 2 000 2 500 3 000 3 500 4 000 4 500 5 000 0,0 1,0 2,0 3,0 4,0 5,0 6,0 7,0 8,0 Fat volume 000 tonnes
CAGR in % 2014-2016
The use of vegetable fat is limited and varies depending on application
Market growth 3.4%
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Source: Euromonitor
AP 1 300 EE 1 320 LA 1 390 MEA 720 NA 2 500 WE 3 000 500 1 000 1 500 2 000 2 500 3 000 3 500 4 000 1 2 3 4 5 6 7 Fat volume 000 tonnes CAGR in % 2014-2016 Market growth 3.4%
The use of vegetable fat is limited and varies depending on application
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Key players Market share Growth trend Company A 6,5 Company B 5,4 Company C 3,3 Company D 2,8 Company E 1,7 Company F 1,5 Company G 1,4 Company H 1,3 Company I 1,2 Company J 1,2
Diverse market, the 20 biggest players make up < 1/ 3 of the market
specifically for Asian players
market shares on milk drinks
Source: Euromonitor
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Health and wellness Sustainability Back to nature Non-trans Non-hydro SAFA reduction Decreased cholesterol Omega 3 and Omega 3/ 6 Responsible and sustainable sourcing Carbon footprint Natural – Organic Free from Clean label
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Key revenue drivers Key profit drivers Key pains Population growth Growing middle class in developing countries Urbanisation Health categories Natural Convenience Dairy Side Stream Affordable dairy products for a larger market Lack of milk in some markets General health concern
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200 400 600 800 1000 1200 1400 1600 1800 2000 2009 2010 2011 2012 2013 Number of launches
Source: Mintel
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100 200 300 400 x1000 tonnes
Skim Milk Powder Net importers Net exporters
Source: IDF, 2013
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Affordability Availability Sustainability Volatility Dairy Extension Affordable food Dairy Extension manage: Possibility to have stable availability of raw material Vegetable fat reduces the volatility Add vegetable fat to create affordable food Act responsibly by addressing Global Sustainability Initiative
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Side Stream Management Recycle waste Act responsible Profitable Creating value Waste – Recycled into affordable food
Turn side stream fractions into value Reduce waste, act responsibly Steady output of the side stream fractions Creating new valuable extension of the product range Possibility to create healthier product segment Improve profitability for the total business
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Non-hydro and Non-trans Clean label Excellent physical and sensory properties
50 100 150 200 250 60 120 150 210 270 Overrun % Time sec Akotop NH Cream Reference hydro
Whipping test
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Akomix LS 25 reduces saturated fats in the ice cream Ice cream based on Akomix LS 25 is allowed to carry, the EFSA approved nutrition and health claims in the EU Functionality and health
An opportunity to profile your ice cream as a better-for-you product in the premium range!
20 40 60 80 100 Coconut oil Milk fat Akomix LS25 SAFA MUFA PUFA Trans %
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