Compared to 2017, Dairy reported double-digit growth,
both in terms of volumes and operating profit. All
regions, North Latin America and Europe in particular,
contributed with positive results.
We provide the whole dairy and ice cream segment with
solutions from cheese, whipped toppings and yellow
fats to fermented milk products, milk drink & powder,
and coffee whitener.
The main trends within healthy and sustainable
are more plant-based choices, flexitarianism,
and plant-based alternatives to animal-originating foods.
2018 was a record year for our Customer Innovation
team in creating outstanding customer-specific solutions
which have helped customers to grow their consumer
Plant-based dairy opportunities have been proven to
exceed initial estimates as more consumers include
plant-based alternatives in their diets. Hard market data
confirms the double-digit growth within all plant-based
dairy segments. In 2019, we will continue our Dairy+
strategy, putting even more focus on plant-based
During 2018, Special Nutrition has been an important
growth driver for AAK, with particularly strong growth for
our high-end solutions within Infant Nutrition.
AAK provides tailor-made speciality lipids solutions for
Infant, Senior, and Medical Nutrition.
The global megatrends that are driving AAK’s Special
Nutrition segments are health, trust, sustainability,
premiumization, and personalization.
Through our co-development approach, the Customer
Innovation team has developed a variety of new products
around the world for all three sub-segments within
AAK is continuing to grow in the wider nutrition area.
We are now exploring further opportunities in new
segments, for example Adult Nutrition and Sports