Tetra Pak reveals plausible scenarios for future of dairy industry​

06 October 2020 | News

The study analyses six key global markets to examine the critical uncertainties of social environmental forces and technological transitions that could shift the dairy landscape in the next ten years Image credit- shutterstock.com Image credit- shutterstock.com

Swiss firm Tetra Pak and the Lund University School of Economics and Management in Sweden have recently completed a joint study that presents four plausible scenarios for the future of the dairy industry.

The study analyses six key global markets to examine the critical uncertainties of social environmental forces and technological transitions that could shift the dairy landscape in the next ten years.

Frederik Wellendorph, Vice President Business Unit Liquid Food, Tetra Pak said: "The Food & Beverage sector will undergo an enormous transformation over the next decade, with the dairy industry feeling this most acutely. Clearly, many challenges lie ahead – but there are plenty of opportunities for manufacturers too. The key to success in the new landscape will be in embracing flexibility and proactively responding to the wave of disruptive changes."

Dr. Christian Koch, Lund University School of Economics and Management, said: "The global dairy industry is at the very heart of the global food transformation, and the contours of this transition are already starting to take shape. This Lund University project, in collaboration with Tetra Pak, used established methodologies to develop scenarios for the dairy industry in 2030 and related food processing and distribution sectors. The scenarios are as different from each other as possible, within the limits of plausibility and credibility. Thus all should be considered as future plausible outcomes."

The study, Global trends affecting dairy strategies, follows an 18-month research project by Lund University School of Economics and Management (LUSEM), supported by Tetra Pak, to examine a shifting dairy landscape and forecast what the dairy industry will look like in 2030.

The first scenario, 'Dairy Evolution' is the scenario characterised by no big surprises where the dairy industry would continue to follow current trends with smaller disruptions. 'Green Dairy' is marked by strong socio-environmental forces, such as consumer demands and policy restrictions but little technological transition, that drive the dairy industry to invest heavily to reduce carbon footprint. 'New Fusion' dominated by innovative technologies and processes, but weak socio-environmental forces, would significantly impact the industry. The final scenario, 'Brave New Food', is the scenario combining  strong socio-environmental forces and highly innovative technologies, which together would lead to a complete transformation.

 

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