Strong global organic dairy growth will continue to bring market opportunities to OMSCo (Organic Milk Supplies Co-operative) after the Brexit result, says managing director Richard Hampton.
OMSCo, the UK’s largest organic dairy co-operative, has been developing global organic markets and a specialist export product portfolio. Exports currently represent 20% of sales, and this is forecast to increase to almost 30% in this financial year.
“There is increasing export demand for OMSCo’s organic specialist products, the growth of which is in contrast to sluggish performance in the UK organic dairy market in recent years,” said Mr Hampton.
“I am fully confident our business will continue to grow and succeed in the global arena. Obviously the Brexit vote has brought a certain level of uncertainty – however, to date, feedback from OMSCo’s export partners has been incredibly positive.”
He added that British organic dairy products are recognised abroad for their high quality and said he was confident of continued demand from EU and non-EU markets.
“We will continue to diversify our portfolio,” he said, “as this is not only important for price stability for our members, but allows us to balance our core customer demand efficiently and reliably, in a market that is known for its volatility.
“As a result of this growing demand, OMSCo continues to welcome new members to join the co-operative, who share its vision and values.”
He added: “We have a successful range of USDA-certified organic products and our Kingdom Cheddar Brand in the US, and last year secured Chinese organic certification for a range of product areas.
“We do not expect the UK market to require additional organic milk supplies in the next few years, but in the years ahead we have a requirement for a limited amount of additional organic milk supply to fulfil new export demand that we have already secured.”