The rise of the plant based milk (PBM) industry in Europe and the US, in concurrence with the steep decline in fluid milk consumption, is causing havoc in the dairy industry. Danone acquired PBM leader WhiteWave to create DanoneWave; and Dean Foods recently invested...
Danone’s purchase of WhiteWave will grant it with America’a leading organic milk brand – Horizon Organic – but the company will have to sell Stonyfield, the number 1 brand in organic yogurt with 65% market share, per antitrust requirements....