Finshots - Almond Milk won't be milk anymore?

Finshots

Almond Milk won't be milk anymore?

Almond Milk won't be milk anymore? | Finshots Daily Newsletter

In today's Finshots we talk about why plant based milk substitutes won't be called milk anymore


Business

The Story

India’s food regulator — the Food Safety and Standards Authority of India (FSSAI) has issued a directive asking plant-based beverage companies to remove ‘milk’ from their brandings and labels. They’ve also instructed e-commerce companies to take down these products from the milk and dairy sections. And that would mean companies like Amazon India, Flipkart, BigBasket, and Grofers will no longer feature milk substitutes like almond and soy milk within the dairy category.

Wow!!!

And look, it’s not like this ruling came out of the blue.

The food regulator has been deliberating on the matter for a long time now. In fact, this debate isn’t even unique to India. Similar battle lines have been drawn elsewhere across Europe and the US. On the one side, you have ‘Vegan Milk’ and on the other, ‘Big Dairy’ — both lobbying for the same cause — “What is Milk really?”

And that question, although seemingly obvious, is a very complicated one to answer.

As we wrote in one of our articles a few months ago-

According to the Britannica, Milk is a liquid secreted by the mammary glands of female mammals to nourish their young for a period beginning immediately after birth. The Handbook of Food Chemistry will tell you milk is a liquid combination of fat, protein, enzymes, vitamins, and sugar produced by mammals to nourish their offspring. Closer home, India’s food regulator FSSAI thinks “Milk” is the normal mammary secretion derived from complete milking of a healthy milch animal (or in other words milk-producing livestock)

And while there are subtle differences in how these agencies define milk, they all agree on one thing. Milk and mammals go hand in hand. But over the past decade or so, a new burgeoning industry is staking claim to the word “milk” without the whole mammal equation and it’s upsetting a lot of people.

Think — Almond milk, or Soy milk, or oat milk. Almonds, Soy, and Oats don’t lactate. But you could still process these nuts and cereals to derive a homogenous mixture that looks and feels like milk. It’s plant-based and many people look at these products as viable alternatives to cow milk.

But the dairy industry in India, led by Amul has long argued that when plant-based alternatives call themselves ‘Milk’, they are in effect misleading customers. They don’t think plant-based milk offers the same nutritional benefits as dairy milk and they contest that those who sell “milk substitutes” piggyback on the brand equity of dairy milk — cultivated by generations of farmers who’ve dedicated themselves to the profession.

However, plant-based milk-producing companies point out that the label “milk” has nothing to do with animals at all. For instance, coconut milk has been in use for generations also, and they’ve been called as such. But despite the protests, it seems Big dairy has won this debate for now. And once again, it shouldn’t come as a surprise.

The dairy industry led by Amul has defended its turf rather aggressively. As an article in the Indian Express notes — When manufacturers began marketing Vanaspati, as vegetable ghee, they went after them alleging that ghee can only be whipped up using milk fat. When you had ice creams replace milk fat with vegetable oil, they went after these people too, for misleading customers. They’re even arguing that peanut butter can’t be marketed as such because you can’t whip up butter from peanuts. So Amul is doing everything in its power to protect the dairy ecosystem.

And the regulator seems to be siding with them — at least with the whole milk debate. Now you’ll probably contest that this hardly matters considering people who seek plant-based alternatives wouldn't necessarily be dissuaded by the name change. But you have to remember — product discovery is all but compromised now. You’d have to go to the beverages section to find what you’re looking for and there’s no doubt that that would impact sales and brand perception.

So yeah, plant-based milk manufacturers aren’t happy with the latest directive and hopefully, now you know why.

Until then…

Don't forget to share this article on WhatsApp, LinkedIn and Twitter






Have a good day ❤️

Checkout Ditto

You can change your preferences here.

No longer interested? You can unsubscribe here.

You are receiving this email because you have subscribed via our website

Our mailing address: Finception, Ideapad, CIIE, IIM Ahmedabad, Ahmedabad 380015, India


Older messages

How Climate Change is shifting the Wine map?

Thursday, September 9, 2021

Finshots How Climate Change is shifting the Wine map? In today's Finshots we talk about how climate change is impacting winemaking across the globe Business The Story Winemaking is a delicate

A billion-dollar crypto scam may finally be coming to a close

Wednesday, September 8, 2021

Finshots A billion-dollar crypto scam may finally be coming to a close There's a lot of conversation surrounding cryptocurrencies and Bitcoin these days. El Salvador just adopted it as legal tender

Is Amazon entering the agri-tech space?

Tuesday, September 7, 2021

Finshots Is Amazon entering the agri-tech space? In today's Finshots we see why Amazon may be flirting with the idea of venturing into the ambitious farm to fork business Business The Story Amazon

Understanding p2p lending

Monday, September 6, 2021

Finshots Understanding p2p lending There's a lot of talk about p2p lending these days. So we thought we could see what the fuss is all about Business The Story Peer-to-peer lending or p2p lending

Weekly Wrapup - The illusion of control

Saturday, September 4, 2021

Finshots Weekly Wrapup - The illusion of control In this week's wrapup, we talk about urban cooperative banks, India's investments in Afghanistan, camel conservation efforts, Chinese tech

You Might Also Like

Big Tech drops

Wednesday, April 17, 2024

Bloomberg Evening Briefing View in browser Bloomberg The US stock market saw its longest losing streak since January as a handful of big tech companies sold off. Equities fell for a fourth straight day

📉 ASML's chips are down

Wednesday, April 17, 2024

Chip company ASML issued a bad omen | UK inflation was close to expectations, but close doesn't cut it | Finimize TOGETHER WITH Hi Reader, here's what you need to know for April 18th in 3:13

Are you having credit report trouble?

Wednesday, April 17, 2024

Don't let mistakes hurt your credit score. ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌

What’s the right retirement age? Experts say it depends.

Wednesday, April 17, 2024

Also: Americans Now Think They'll Need a Record $1.46 Million to Retire Comfortably ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌

Using my credit card for cash — it's a bad idea, right?

Wednesday, April 17, 2024

plus new lunar rover + a baby race ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌

Harry's Take 4-17-24 Final Recession Will Be the Worst

Wednesday, April 17, 2024

image Harry's Take April 17, 2024 Years 2009-2021 Were Longest Bull Run Since 1982 The bull market we witnessed from early 2009 into very early 2022 (January 4) was the final short-term bull market

Economic heresy

Tuesday, April 16, 2024

Bloomberg Evening Briefing View in browser Bloomberg As the US economy hums along month after month, year after year, minting hundreds of thousands of new jobs and further embarrassing a long line of

💼 China got back to business

Tuesday, April 16, 2024

China beat the odds – and the expectations | The UK job market was a head scratcher | Finimize TOGETHER WITH Hi Reader, here's what you need to know for April 17th in 3:15 minutes. 🤷‍♀️ In a future

Could the U.S. force treatment on mentally ill people (again)?

Tuesday, April 16, 2024

Sixty years ago, America began closing mental hospitals. A growing chorus is blaming that for the crisis of mentally ill folks living on our streets. View this email online Planet Money The Rise of

A Thursday afternoon trade to put on

Tuesday, April 16, 2024

The following is a third-party sponsored message. It should not be considered a recommendation or endorsement by HS Dent Publishing. Overnight trades are my new favorite thing. My name is Christian