Home Business Danone to switch dairy factory to plant-based Alpro as diets shift, Marketing & Advertising News, ET BrandEquity

Danone to switch dairy factory to plant-based Alpro as diets shift, Marketing & Advertising News, ET BrandEquity

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Danone to switch dairy factory to plant-based Alpro as diets shift, Marketing & Advertising News, ET BrandEquity

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Danone to switch dairy factory to plant-based Alpro as diets shift
Danone to switch dairy factory to plant-based Alpro as diets shift

France’s Danone, the world’s largest yoghurt maker, plans to switch one of its big French factories to plant-based drinks next year in a bet on fast-growing non-dairy milk alternatives.

Danone said in a statement on Wednesday it will invest 43 million euros ($49 million) in 2022 to convert its Villecomtal-sur-Arros dairy plant in southern France into a production site of mainly oat-based drinks for its Alpro brand.

This follows a 16.5 million euro investment this year in its Alpro plant in Issenheim, eastern France.

Danone, owner of the Evian water and Activia yoghurt brands, said the French market for plant-based foods has tripled in seven years and should grow another 50% by 2025.

“We observe consumers’ interest in plant-based recipes, which are a simple solution for those who want a more varied and diversified diet,” Danone France’s Francois Eyraud said.

The factory will be converted in the autumn of 2022 and make its first Alpro-branded drinks from the second quarter of 2023.

Danone acquired Alpro in 2017 via its $12.5 billion acquisition of U.S. organic food producer WhiteWave as it tried to capitalise on healthier eating trends.

The takeover of Distell would mark a push into wine and spirits for the world’s second-largest beer maker. Heineken will sell Distell’s British-based Scotch whiskies…

In February, Danone agreed to buy U.S. plant-based foods specialist Earth Island in a deal that would help it reach a target of generating 5 billion euros ($6.1 billion) of plant-based sales worldwide by 2025.



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