How two years of changes in dairy led to two major bankruptcies
Source: Food Dive
Within two months, two of the largest milk processors in the U.S. filed for bankruptcy. First came Dean Foods, which made the announcement in November. By January, Borden Dairy was doing the same. So what happened?
Struggling with competition from milk alternatives, innovative startups and private label, this timeline shows how Borden and Dean Foods got here and what’s next for the industry.