Milling & Baking News Corporate Profiles - October 2011 - (Page 50)

Dairy Dairy Retail sales of dairy products mixed amid continued sluggish economy T he U.S. dairy industry faced major challenges of a stagnant economy, sagging fluid milk demand, high feed prices and rising milk production in 2010. Little has changed in 2011. Although fluid milk sales have struggled, a multi-decade long slide on a per capita volume basis, retail sales of other dairy products have shown mostly modest increases so far this year, if not on a unit basis at least on a dollar sales basis. In the second quarter of 2011, fluid milk volume at Dean Foods Co.’s Fresh Dairy Direct-Morningstar, the largest seller of fresh milk in the United States, declined 1.1% from a year earlier, the company said, which compared to an estimated industry-wide decline in fluid milk volume of about 1.9%. “We believe a recovery in volumes will not happen until the employment picture improves, particularly among the lessaffluent, who continue to struggle,” Gregg Engles, chairman and chief executive officer of Dean Foods, said in comments accompanying the company’s secondquarter results. He said the company’s main concern for the rest of 2011 was the volume weakness across conventional dairy categories, “which worsened in recent periods.” Retail (excluding Wal-Mart Stores, Inc.) sales of all brands of yogurt totaled $4,428 million in the 52 weeks ended Aug. 7, 2011, up 8.3% from the same period a year earlier, according to data from SymphonyIRI Group. Total unit sales of yogurt were 4,079 million during the period, up 1.1% from the prior 52-week period. The average price per unit was $1.09, up 7c from the previous 52-week period. Yoplait USA Inc. continued to lead as the yogurt unit sales by brand bra and ght Yoplait Light 614,384,700 Yoplait Original 506,184,800 nal 506,184,800 84,80 0 ni ni Chobani Fit Dannon Light & Fit Dannon Activia ia Fage Total otal Stonyfield Farm arm Dannon Activia Light Yoplait Go-Gurt urt Source: SymphonyIRI Leading 308,1 308,163,900 08, 307,792,600 97,885,000 97 885 7 83,4 4 83,447,160 77 77,291,330 48,765,060 Private label 652,695,200 47,4 4 47,445,940 LEADING yogurt vendors Dollar sales $1,332,960,000 $1,205,709,000 $437,490,800 $285,486,600 $174,394,100 $108,068,200 $51,207,790 $50,680,600 $46,708,830 $407,561,300 $4,428,151,000 LEADING % change from year ago -2.2% 3.2% 166.0% 0.2% 55.1% -10.8% -4.3% -24.2% -3.4% -4.8% 8.3% yogurt brands Dollar sales $430,892,800 $398,605,400 $375,212,300 $299,914,600 $262,388,900 $174,394,100 $133,069,800 $130,259,200 $128,200,000 $398,923,500 $4,428,151,000 1 2 3 4 5 6 7 8 9 Yoplait USA, Inc. Dannon Co. Agro Farma, Inc. Stonyfield Farm, Inc. Fage USA Breyers Yogurt Co. General Mills, Inc. Gilsa Dairy Products Johanna Foods, Inc. Private label Total 1 2 3 4 5 6 7 8 9 Chobani Yoplait Light Yoplait Original Dannon Light & Fit Dannon Activia Fage Total Yoplait Go-Gurt Stonyfield Farm Dannon Activia Light Private label Total % change from year ago 163.0% 2.7% -2.9% 4.0% 8.8% 55.1% 13.4% -7.1% -3.0% -3.5% 8.3% Data for 52 weeks ended Aug. 7, 2011 Total U.S. - Supermarkets, Drugstores and Mass Merchandisers excluding Wal-Mart Source: SymphonyIRI 50 \ October 2011 Milling & Baking News • Food Business News • Baking & Snack • Meat & Poultry Corporate Proﬁles

Table of Contents for the Digital Edition of Milling & Baking News Corporate Profiles - October 2011

Milling & Baking News Corporate Profiles - October 2011