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Dean Foods
Co. – the largest dairy producer in the United States – is considering investing
further in plant milk, and ending business with a number of its dairy
suppliers.
‘Really
cool brand’
The dairy
giant will be deciding whether to increase its investment in flax milk company
Good Karma Foods over the ‘next few months’, according to company CEO Ralph
Scozzafava.
Scozzafava
also noted that the ‘really cool’ plant-based brand ‘grew pretty dramatically
last year’.
Ending
contracts
Simultaneously,
Dean Foods is in the last weeks of business with a number of its usual
dairy suppliers – a decision reportedly made based on decreased demand for
dairy.
The company’s
Director Of Corporate Communications Reace Smith said this is largely due to ‘a
surplus of raw milk at a time when the public already is consuming less fluid
milk’.
Good Karma
Good Karma
CEO Doug Radi, on the other hand, appears confident in the continued growth of his company, and the plant-based sector.
“We believe Dean Foods’ continued interest and partnership in Good Karma Foods validates we are one of
the leading and fastest-growing brands to watch in the plant-based category.”
