How to stay cool as competition heats up in ice cream and yogurt

the Daily read

Stay sweet ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
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Who doesn’t have a favorite ice cream flavor? But when it can seem like there’s 34 factors to consider in the cold-foods aisle—inflation, your grocery budget, organic versus locally sourced versus a dairy alternative, and what about yogurt?—it can give consumers a headache that’s more than just a brain freeze. The old, steady ice cream and yogurt marketplace is melting away under shifting priorities and quick swap-outs: Gen Z is most likely to abandon their trusty favorites, trading down for cost, or up for premium taste or more natural ingredients. And with the ice cream market roughly tracking the economy, dairy fits the trend of consumers flitting from brand to brand to balance health, wealth, and their own changing tastes. Don’t miss a new article on what ice cream says about us all.
— Sarah Skinner, digital editor, New York
Containers with ice cream top view
 
How to stay cool as competition heats up in ice cream and yogurt
Ice cream and yogurt industry leaders are rethinking innovation and consumer segmentation to keep pace in marketplaces changing faster than ever before.
Stay sweet
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“At every stage of maturing as an organization, you still need to be really good at the prior stages. It’s not as if once you finally get to the resource allocation or capital allocation phase that it becomes your exclusive focus.”
—Aaron Levie, co-founder and CEO of Box, on the value metrics to drive the company forward in "Box’s Aaron Levie on navigating SaaS’ several stages of growth"
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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:22 - 16 May 2022