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.
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'.
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 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."
Disclaimer: The opinions expressed in this article are prepared in the author's capacity and do not necessarily reflect the views and opinions of Plant Based News itself.Reuse this content
Emily Court is a passionate ethical vegan from Eastern Canada. She is a Challenge 22 Mentor, Digital Writer, and experienced animal advocate driven by issues of animal liberation and social justice. She studied at Dalhousie University, where her thesis highlighted intercultural and gender relations. She is an established public speaker, writer, and world traveller with a drive to provide a voice to those who might not otherwise have one. You can follow her on Instagram @emily.j.court or on Twitter @_EmilyJCourt_.
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