Drink Asia March-April 2020 | Page 40

Wrap Element health appeal (in that it can be enjoyed by consumers both lactose-tolerant and intolerant alike) and is disassociated from the detrimental environmental impact of the traditional dairy industry. The shifting allegiance of younger consumers away from traditional milk has previously been referred to by the former chairman of Dairy UK, David Dobbin, as “a demographic time bomb”. Put simply, plant-based milks represent an existential crisis for traditional dairy; younger consumers look set to continue the move away from dairy milk and thus create a future in which their loyalty to plant-alternatives is propagated while dairy loyalists fade away. The question is, what can the dairy industry do to renovate their image and win over both transitioning and new customers alike? Exploring New Markets: Chinese Dairy is on the rise Perhaps surprisingly, one of the answers may come from looking to regions that may not typically be considered big dairy consumers. Consider for example that – although the recent trade war between China and the US has put some dent in this – China is one of the top importers of US milk and cheese products. According to ResearchandMarkets, the internal dairy production of the country has remained somewhat sluggish despite a growing economy leading to increased per capita consumption of dairy products; as such, the research predicts that Chinese dairy imports will be worth $10.65bn by 2023. However, as Li Shengli, a professor at China Agricultural University, told state press agency Xinhua, “leading Chinese dairy fi rms Yili Group and Mengniu Dairy Co are expected to increase their sales each by ¥30bn (about $4.35bn) to ¥50bn in the next fi ve years, and they are hopeful of joining the top fi ve global dairy producers.” For now, exporters have the advantage of Chinese companies purely in terms of production capacity and success in the Chinese market could well be a broader signal to diversify outside of the traditionally successful dairy regions. There are notes of caution to consider, however; not only are Chinese companies themselves looking to beef Perfect Day is a brand that uses 3D printers to place cow DNA into yeast microfl ora to ultimately produce dairy proteins identical to those found in regular cow’s milk. up their production capacity, but Stockhead has highlighted that Chinese authorities may be looking to cut into imports (at least of dairy formula) in order to help drive the growth of national companies. Such competition could prove tough to beat but remains indicative of markets growing outside of the more established regions. Digital Dairy: Evolving the industry with the help of smart technology One of the dairy ’s other areas for evolution in the future is more predictable: digitalisation and smart t e c h n o l o g y. C e r t a i n elements aren’t exactly n e w, r o b o t i c m i l k i n g equipment, for example, will likely be iterative rather than transformative going forward, but developing technologies could open up whole new approaches for the dairy industry. Some of these measures will probably prove to be more along the lines of improvements to effi ciency than industry- wide evolution; considering drones as an example, they are unlikely to revolutionise dairy but will vastly improve farmers’ ability to survey pasture areas and respond to emergencies. More likely to provide a shock to the system is the possibility of 3D printing dairy products. One of the principal negatives of the current form of the dairy industry is its impact on the environment. However, while it would certainly entail a dramatic shift, the dairy industry’s long-term future could lie in replacing their cows with 3D printers. Perfect Day is a brand that uses 3D printers to place cow DNA into yeast microflora to ultimately produce dairy proteins identical to those found in regular cow ’s milk. Although 3D printing at a cheap commercial scale is still somewhat nascent, and shifting away from cows entirely would likely meet opposition, the possibility remains for the industry to stick to ‘real’ milk while moving towards the future. Perhaps more in the near- term is the industry adopting the power of machine learning and big data on a wider scale. As is happening across industries, dairy manufacturers are getting to grips with the possibilities offered by the ever increasing digitalisation of the world and our ability to process the data that is produced as a result. With proper implementation, however, big data technologies could allow dairy manufacturers to monitor herd health to a far more granular degree, as well as tracking herd location in real-time and improving production based on a variety of data points. The industry still has large challenges ahead, and important decisions to make, but an ever-expanding range of digital tools could prove to be what is required for the next stage of dairy. Source: https://www.drinks-insight-network.com/features/dairy-2- 0-adapting-the-dairy-industry-to-the-changing-market/ Drink Asia 40 March-April 2020