Glanbia becomes one of leading cheese and whey producers in US
Having scaled up the size of its US sports supplements business, Glanbia’s scale is now “well in excess of the industry average” for the US, notes Davy. Based on the latest USDA data, Davy notes that Glanbia’s share of US production of whey protein isolate (WPI) is estimated at 21%.
“It is the biggest producer and user of this prized ingredient in sports nutrition supplement,” states Davy analyst John O’Reilly. “Furthermore, we estimate its share of total American-type cheese output in 2011 at more than 18%.