SunOpta to Expand Dream Oatmilk to 6,700 Additional Stores Through Large Coffee Chain Partnership
SunOpta Inc. (Nasdaq:STKL) (TSX:SOY) has announced a significant expansion of its Dream Oatmilk Barista product. In January 2025, the oatmilk will be available in an additional 6,700 stores across North America through a partnership with a large coffee chain. This expansion will utilize the oat extraction capacity from SunOpta's Modesto, California investment announced in June 2024 and expand utilization of its manufacturing facility in Midlothian, Texas.
CEO Brian Kocher emphasized the company's commitment to providing delicious plant-based alternatives while focusing on sustainability. SunOpta aims to reduce water usage, packaging waste, and carbon emissions through its nationwide manufacturing network and recyclable packaging formats. The plant-based milk market is expected to grow significantly, with oatmilk becoming the second most popular plant-based beverage option.
SunOpta Inc. (Nasdaq:STKL) (TSX:SOY) ha annunciato un'importante espansione del suo prodotto Dream Oatmilk Barista. A gennaio 2025, il latte d'avena sarà disponibile in ulteriori 6.700 negozi in Nord America attraverso una partnership con una grande catena di caffè. Questa espansione sfrutterà la capacità di estrazione dell'avena dell'investimento di SunOpta a Modesto, California, annunciato nel giugno 2024, e aumenterà l'utilizzo del suo impianto di produzione a Midlothian, Texas.
Il CEO Brian Kocher ha sottolineato l'impegno dell'azienda a fornire alternative vegetali deliziose, con un focus sulla sostenibilità. SunOpta mira a ridurre il consumo di acqua, i rifiuti da imballaggio e le emissioni di carbonio attraverso la sua rete di produzione nazionale e formati di imballaggio riciclabili. Si prevede che il mercato del latte vegetale crescerà significativamente, con il latte d'avena che diventerà la seconda bevanda vegetale più popolare.
SunOpta Inc. (Nasdaq:STKL) (TSX:SOY) ha anunciado una expansión significativa de su producto Dream Oatmilk Barista. En enero de 2025, la leche de avena estará disponible en 6.700 tiendas adicionales en América del Norte a través de una asociación con una importante cadena de café. Esta expansión aprovechará la capacidad de extracción de avena de la inversión de SunOpta en Modesto, California, anunciada en junio de 2024, y ampliará la utilización de su instalación de fabricación en Midlothian, Texas.
El CEO Brian Kocher enfatizó el compromiso de la empresa de proporcionar alternativas vegetales deliciosas mientras se enfoca en la sostenibilidad. SunOpta tiene como objetivo reducir el uso de agua, los residuos de envases y las emisiones de carbono a través de su red de fabricación nacional y formatos de envases reciclables. Se espera que el mercado de la leche vegetal crezca significativamente, con la leche de avena convirtiéndose en la segunda opción de bebida vegetal más popular.
SunOpta Inc. (Nasdaq:STKL) (TSX:SOY)는 Dream Oatmilk Barista 제품의 중요한 확장을 발표했습니다. 2025년 1월, 오트밀크는 북미의 6,700개 매장에서 대형 커피 체인과의 파트너십을 통해 판매됩니다. 이 확장은 2024년 6월 발표된 SunOpta의 모데스토, 캘리포니아 투자에서의 오트 추출 능력을 활용하며, 미드로지안, 텍사스에 있는 생산 시설의 활용도를 확대할 것입니다.
CEO 브라이언 코처는 지속 가능성을 중심으로 맛있는 식물 기반 대안을 제공하겠다는 회사의 약속을 강조했습니다. SunOpta는 국가 차원의 제조 네트워크와 재활용이 가능한 포장 형식을 통해 물 사용, 포장 폐기물, 탄소 배출을 줄이기를 목표로 하고 있습니다. 식물 기반 우유 시장은 크게 성장할 것으로 예상되며, 오트밀크는 두 번째로 인기 있는 식물 기반 음료 옵션이 될 것입니다.
SunOpta Inc. (Nasdaq:STKL) (TSX:SOY) a annoncé une expansion significative de son produit Dream Oatmilk Barista. En janvier 2025, le lait d'avoine sera disponible dans 6.700 magasins supplémentaires en Amérique du Nord grâce à un partenariat avec une grande chaîne de café. Cette expansion utilisera la capacité d'extraction d'avoine de l'investissement de SunOpta à Modesto, Californie, annoncé en juin 2024, et élargira l'utilisation de son usine de fabrication à Midlothian, Texas.
Le PDG Brian Kocher a souligné l'engagement de l'entreprise à fournir des alternatives végétales délicieuses tout en se concentrant sur la durabilité. SunOpta vise à réduire la consommation d'eau, les déchets d'emballage et les émissions de carbone grâce à son réseau de fabrication national et à des formats d'emballage recyclables. Le marché des laits végétaux devrait connaître une croissance significative, l'avoine devenant la deuxième option de boisson végétale la plus populaire.
SunOpta Inc. (Nasdaq:STKL) (TSX:SOY) hat eine signifikante Erweiterung seines Dream Oatmilk Barista Produkts angekündigt. Im Januar 2025 wird die Hafermilch in zusätzlichen 6.700 Geschäften in Nordamerika durch eine Partnerschaft mit einer großen Kaffeekette erhältlich sein. Diese Erweiterung nutzt die Haferextraktionskapazitäten aus SunOptas Investition in Modesto, Kalifornien, die im Juni 2024 angekündigt wurde, und erweitert die Auslastung des Produktionsstandorts in Midlothian, Texas.
CEO Brian Kocher betonte das Engagement des Unternehmens, schmackhafte pflanzliche Alternativen anzubieten und gleichzeitig auf Nachhaltigkeit zu setzen. SunOpta strebt an, den Wasserverbrauch, Verpackungsabfälle und Kohlenstoffemissionen durch sein nationales Produktionsnetzwerk und wiederverwertbare Verpackungsformate zu reduzieren. Es wird erwartet, dass der Markt für pflanzliche Milch erheblich wächst, wobei Hafermilch die zweitbeliebteste pflanzliche Getränkewahl wird.
- Expansion of Dream Oatmilk Barista to 6,700 additional stores across North America
- Partnership with a large coffee chain, increasing distribution
- Utilization of new oat extraction capacity from Modesto, California investment
- Expanded utilization of manufacturing facility in Midlothian, Texas
- Alignment with growing plant-based milk market, expected to double by 2033
- Oatmilk becoming the second most popular plant-based beverage option
- None.
Insights
This expansion of Dream Oatmilk Barista to 6,700 additional stores through a major coffee chain partnership is a significant move for SunOpta. It demonstrates strong demand for their product and validates their recent investments in oat extraction capacity. The timing of the rollout in January 2025 allows for proper preparation and aligns with the completion of their Modesto facility expansion announced for June 2024.
The plant-based milk market's projected doubling by 2033 and oatmilk's position as the second most popular plant-based beverage underscore the strategic importance of this expansion. SunOpta is positioning itself to capitalize on this growth trend. Their focus on sustainability, including efforts to reduce water usage, packaging and carbon emissions, aligns well with consumer preferences in this market segment.
For investors, this expansion represents a substantial revenue growth opportunity and increased market share in a rapidly expanding sector. The partnership with a large coffee chain also provides stable demand and potential for further collaborations. However, execution risks and potential competitive responses should be monitored closely.
SunOpta's expansion strategy leverages its nationwide manufacturing network effectively. The utilization of the Modesto, California oat extraction capacity and the Midlothian, Texas facility demonstrates a well-planned supply chain approach. This geographic diversification can help optimize distribution costs and reduce delivery times.
The focus on recyclable packaging and efforts to reduce food miles align with both cost efficiency and sustainability goals. These initiatives can lead to long-term cost savings and improved margins, while also appealing to environmentally conscious consumers and partners.
The large-scale rollout to 6,700 stores presents both opportunities and challenges. It will require precise inventory management and production scheduling to meet increased demand without overextending resources. The partnership with a major coffee chain provides a stable, high-volume customer, which can help in production planning and potentially lead to economies of scale.
Investors should watch for any supply chain disruptions or capacity constraints as SunOpta ramps up production to meet this significant expansion. The company's ability to maintain product quality and consistency at scale will be important for long-term success in this partnership.
Plant-Based Manufacturing Pioneer Leverages Modesto Oat Extraction Expansion to Supply Consumers with Dream Oatmilk Barista
SunOpta to Expand Dream Oatmilk Barista to 6,700 Additional Stores Through Large Coffee Chain Partnership (Photo: Business Wire)
“We’re incredibly proud to supply our customers with plant-based beverage options, including our Dream Oatmilk Barista,” said Brian Kocher, CEO of SunOpta. “We understand that every single impression for a barista and a coffee lover is precious. We offer delicious plant-based alternatives while striving to create a perfect experience. At the same time, we are committed to a more sustainable future by working to reduce water, packaging and carbon emissions.”
For over 50 years, sustainability has been at the core of SunOpta’s mission, and the expansion of oatmilk distribution is another example of this commitment. By leveraging SunOpta’s nationwide manufacturing network and recyclable packaging formats, SunOpta will continue to strive to reduce food miles, improve cost efficiencies for customers and minimize packaging waste.
The plant-based milk market is expected to grow significantly in the coming years, with some estimates predicting it will double in size by 2033. Specifically, oatmilk has quickly grown to the second most popular plant-based beverage on the market.
About SunOpta
SunOpta (Nasdaq:STKL) (TSX:SOY) is an innovative and sustainable manufacturer fueling the future of food. With roots tracing back over 50 years, SunOpta drives growth for today’s leading brands by serving as a trusted innovation partner and value-added manufacturer, crafting organic, plant-based beverages, fruit snacks, nutritional beverages, broths and tea products sold through retail, club, foodservice and e-commerce channels. Alongside the company’s commitment to top brands, retailers and coffee shops, SunOpta also proudly produces its own brands, including Dream®, Sown® and West LifeTM. For more information, visit www.sunopta.com and LinkedIn.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241009119432/en/
Media Relations:
Claudine Galloway
SunOpta
952-295-9579
press.inquiries@sunopta.com
Source: SunOpta Inc.
FAQ
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