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Latest News in the food Industry

Dairy

Mintel: US loves yogurt drinks

Mintel: US loves yogurt drinks

17 Oct 2016

It seems that US consumers have cultured a love of yogurt drinks as the latest research from Mintel reveals that sales of yogurt drinks have grown a healthy 62% in the five years 2011-2016.

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Müller raises milk price

Müller raises milk price

12 Oct 2016

Müller has confirmed a further average milk price increase of 1.5ppl for its dairy farmers, noting that, with winter approaching, they are understandably anxious to see higher returns.

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DuPont expands cheese culture range

DuPont expands cheese culture range

6 Oct 2016

Drawing on what the company says is its long history of innovation and expertise in the development of dairy cultures, DuPont Nutrition & Health has announced the introduction of two cheese cultures for use in soft-ripened cheese making.

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Fonterra profits rise 65%

Fonterra profits rise 65%

26 Sep 2016

Fonterra has announced a 65% increase in net profit after tax to NZ$834 million for the financial year ended 31 July 2016 – reflecting, it said, a stronger business despite ongoing challenges in global dairy markets.

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Fonterra to invest in cheese

Fonterra to invest in cheese

19 Sep 2016

Fonterra Australia is to make a $AU4.3 million investment to boost cheese and whey capacity at its Wynyard plant in Tasmania, increasing the plant’s cheese making capacity by 8,000 MT per annum.

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Chr. Hansen pays €73m for LGG

Chr. Hansen pays €73m for LGG

15 Sep 2016

To further strengthen its probiotics offering, the company said, Chr. Hansen has acquired LGG from Valio for €73 million.

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Milk Specialties Global adds 10th facility

Milk Specialties Global adds 10th facility

9 Sep 2016

Human and animal nutrition company Milk Specialties Global has acquired the Saputo facility in Monroe, WI, adding to its nine certified manufacturing facilities spread across the Midwest and California.

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Müller ups milk price

Müller ups milk price

7 Sep 2016

Müller has written to dairy farmers to confirm that its standard litre milk price will increase by an average of 1 penny per litre from October 1 2016.

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Mintel reports on US ice cream

Mintel reports on US ice cream

6 Sep 2016

New research from Mintel reveals that, while nine in 10 (92%) consumers have purchased frozen treats in the past six months, one quarter (22%) are buying less, and more are focusing on portion control.

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Arla launches child snacking solutions

Arla launches child snacking solutions

6 Sep 2016

Arla Foods Ingredients has developed a suite of protein and calcium-rich snacking solutions for children that it says offer a healthier alternative to chocolate bars and other popular children’s snacks.

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FrieslandCampina profits plummet

FrieslandCampina profits plummet

5 Sep 2016

FrieslandCampina saw profits plummet by 16.7% over the first half-year 2016 to €160 million compared to the same period in the previous financial year as basic dairy products were produced that had to be sold below cost.

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Arla looks to triple business

Arla looks to triple business

2 Sep 2016

A sparkling milk and fruit drink, a milk and tea drink and an energy drink rich in protein are all part of Arla’s new ambition to triple its business outside standard liquid milk in the global beverage market.

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