The baby food market - Italy

• Danone inaugurates a new plant dedicated to the manufacture of dairy alternatives in France
• Danone has completely converted its Villecomtal-sur-Arros yogurt plant in the Gers department into a unit dedicated to Alpro-brand plant-based beverages. 43 million euros of investment
• Production, mainly of oat juice cartons, is 90% destined for Europe.
• Danone now has four milk-alternative production units in Europe. Two in France, at Issenheim and Villecomtal in the Gers region, one in Sweden, at Lunnarp, and the fourth at Wevelgem in Belgium.
• Vegetable-based products have become "a strategic focus" for the world's number one in ultra-fresh products.
• Danone took the t turn in 2017 with the $12.5 billion acquisition of US group WhiteWave.
• In France, ultra-fresh products are deeply rooted in diets.
• Plant milk accounts for just 4% of the traditional dairy products market by volume and 7.4% by value.
• The plant-based milk market is worth 165 million euros, according to FranceAgriMer.
• More than 6 out of ten people in France in the 18-24 age bracket eat plant-based products several times a week, according to lDanone
• Many dairy groups, including Triballat, Nestlé and Bel, have chosen to develop plant-based ranges.
• Retail chains are present under their own brands (MDD).

• - The price revised in January by Lactalis is 405 euros per 1000 liters, increased to 420 euros per 1000 liters in 38/32 for February.
• - Taking all premiums into account, the remuneration paid to producers was 460 euros per 1000 liters for the first two months of the year.
• - Unell, which represents over 4,000 dairy farms, delivers over 2 billion liters of milk to Lactalis.

• Danone has signed an agreement to sell its US organic dairy business to Platinum Equity.
• The sale concerns the Horizon Organic and Wallaby businesses.
• By 2022, Horizon Organic and Wallaby represented around 3% of Danone's total sales.

• Platinum Equity's portfolio of assets totals $47 billion.
• The two brands Horizon Organic and Wallaby accounted for around 3% of Danone's sales in 2022, or $800 million.
• Dairy products make up a large part of Danone's sales.
• Danone has sold various parts of its business in different countries, including yoghurts in China and fresh dairy products in Brazil.
• Danone recorded eight quarters of growth thanks to price increases, although volumes remained stable.
• Danone succeeded in halting a steady decline in dairy sales that had lasted since 2015.

• nutriset, specialist in therapeutic foods for malnourished populations
• Nutriset's customers are mainly the World Food Program, UNICEF and NGOs such as Médecins sans Frontières and Action contre la Faim
• Sales of 160,372,000 euros in 2022
• Production of 48,000 tonnes in 2021 and 87,000 tonnes in 2023.
• Hiring of 140 new employees, in addition to the existing 250
• Nutriset has a network of independent franchised producers in Africa, India, Haiti and the United States.

s.

• President brand sales: 3 billion euros
• Brand age: 55 years
• Increase in Camembert production in ten years: from 60,000 to 250,000 units
• Current Camembert production: 500,000 units
• Main production site: Domfront plant in the Orne region of France
• Camembert price: less than 2 euros
• Percentage of brand volume sold under private label: one-third in France and worldwide
• Number of plants producing Président products outside France: over thirty.