NUTRITION AND HEALTHY LIVING
We take great pride in producing a wide array of dairy products that satisfy the nutritional, lifestyle, and health needs of our consumers. Providing high quality, nutritious products is part of our daily operations, while promoting a healthy lifestyle is at the heart of our values. We are convinced that our long-term success depends on doing both.
Our products are made to the highest standards of nutritional quality, helping our consumers live healthy and active lives. Dairy products are recognized by health authorities around the world as part of a healthy, nutritious diet and are part of the core food groups recommended by dietary guidelines in many countries.
We produce a wide array of dairy products including organic, and products low in sodium or sugar in order to satisfy the nutritional, lifestyle and health needs of our consumers. Our various divisions regularly monitor their requirements in terms of meeting or exceeding nutritional standards. At the same time, innovation is an integral part of our commitment to nutrition. We support research and development efforts to develop innovative approaches and enhance the nutritional value of our products in order to serve the needs of our consumers. Some examples of these efforts are described in the Case Study section of our website.
To that effect, in FY21, we completed the mapping of our global portfolio as part of our new Saputo Nutrient Profiling Model – giving us insight into the nutritional performance of our products, enabling us to proactively address any potential regulatory changes and identify opportunities for product reformulations. The model will be formally launched in the second half of FY22, following a review by external nutrition experts.
We are confident about the future of dairy as we remain steadfast about our industry and the vast growth opportunities within the dairy space. We believe in the nutritional benefits of dairy, supported by abundant research, and we will continue to advocate for dairy as part of a balanced diet. Furthermore, a key component of our new strategic plan will be on increasing the value of our ingredients portfolio as we continue to explore ways to leverage the benefits of dairy for people of all ages.
However, this doesn’t stop us from constantly monitoring consumer trends and responding accordingly. Therefore, in FY21, led by our SVP Business Development, Plant-Based Foods, we were active in pursuing more dairy alternative opportunities to complement our current product portfolio, with an active focus on taking an early leadership position in the largely untapped dairy alternative cheese category. To that end, we leveraged the R&D capabilities of our Dairy Division (UK) team to develop a mozzarella alternative with the right sensory attributes. We also acquired Bute Island Foods Ltd., an innovative manufacturer, marketer and distributor of a variety of dairy alternative cheese products. On the beverage side, we supported some existing players in bringing their products to market through co-packing arrangements.