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Butter prices are down sharply year on year, squeezing farmers while offering relief to bakers and manufacturers. Who wins, who loses, and what’s next?

Butter prices are down sharply year on year, squeezing farmers while offering relief to bakers and manufacturers. Who wins, who loses, and what’s next?

Irish dairy co‑op Ornua reported a near‑50% rise in net profit as Kerrygold surpassed $1bn in US retail sales amid volatile global markets.

Once backed by Big Soda, ultrafiltered milk is now a premium growth opportunity for dairy players, driven by protein, wellness and new formats.

Richard Allen, Fonterra’s president of global ingredients, has been appointed as the co-op’s new CEO, with Miles Hurrell set to remain in an advisory role until later in 2026.

GLP‑1 use is rising fast, but USDA data shows strong 2024 demand for butter, cheese and ice cream. Can high‑fat dairy stay resilient?

A cooperation agreement has cooled tensions between Danone and Lifeway, but governance changes and rising costs suggest a gradual Danone exit is now the most likely outcome.

Global milk production stayed elevated in Q1 2026, pressuring dairy prices as US output surged, Europe peaked and fertiliser risks loomed.

As global snack giants struggle, Bel Group is driving growth by sticking to healthy dairy and plant‑based snacks, regional investment and disciplined innovation.

From India to Japan, protein is fast becoming a staple in functional food products, with consumer-packaged goods companies incorporating it into their products or investing in smaller outfits specializing in protein products.

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