Fonterra makes first Puerto Rico sales1 Mar 2017
Fonterra has made its first consumer sales into Puerto Rico, with the launch of its Anchor and Mainland brands into the market.
Fonterra has made its first consumer sales into Puerto Rico, with the launch of its Anchor and Mainland brands into the market.“Both the Anchor and Mainland brands are already successful in more than 20 countries across the Caribbean, and it’s exciting that we are able to continue rolling out our Fonterra branded dairy products into more countries,” said Fonterra’s Director Global Consumer Export Alexander Turnbull.Puerto Rico has the highest dairy per capita consumption in the Caribbean, with demand currently sitting at approximately 443,000 MT and continuing to grow. This demand, says Fonterra, is due to an increased focus from consumers on the benefits of high quality dairy nutrition. The company also notes that Puerto Rico relies heavily on dairy imports.“Our research has shown that demand in the country for high quality butter, cream and cheese has grown by more than 10 per cent over the past five years,” said Turnbull. “This coupled with the strong reputation of our brands across the Caribbean means the time is now right to enter the market.” “Puerto Rican consumers now have the opportunity to taste the difference of our iconic Kiwi Anchor butter and Mainland specialty cheeses,” said Fonterra’s Director Caribbean and LATAM Deosaran Maraj. “With a population of around 3.7 million and one of the highest GDP’s per capita in Latin America it is a good opportunity and we are already laying down the foundations for success. Our launch is off to a flying start, with two successful weeks on shelf and our Anchor UHT cream has already proven popular with local restaurants.”
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