Latest news in the food and nutraceutical industry
Dairy
Innova sees changes in US yogurt market
14 Aug 2019
Over half of all U.S. consumers now buy yogurt as part of their typical grocery basket, according to a new report from Innova Market Insights, but their habits appear to be evolving.
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Fonterra takes NZ$800+ million write-down
13 Aug 2019
Fonterra has reconfirmed its underlying earnings guidance for the 2019 financial year that ended on 31 July 2019 (FY19), announced a final decision on its full-year dividend for FY19, and provided further information on some significant adverse one-off...
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Fonterra trying to downgrade Beingmate relationship
9 Aug 2019
Fonterra has announced its intention to sell a portion of its stake in Beingmate Baby & Child Food Company, which is currently a shareholding of 18.8%.
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US dairy exports see first half fall
8 Aug 2019
USDEC has reported lost sales to China due to retaliatory tariffs and African swine fever, plus strong competition elsewhere from European and New Zealand suppliers, resulted in lower U.S. export volume in the first half of 2019.
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Synlait completes Talbot Forest acquisition
7 Aug 2019
Synlait has completed the acquisition of selected Talbot Forest Cheese assets.
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Hydrosol promotes Stabiprime for milk beverages
1 Aug 2019
Demand for flavoured milk beverages is seeing steady growth worldwide, notes Hydrosol, and product variety in the markets is correspondingly large.
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FrieslandCampina sees flat revenues, increased profit
30 Jul 2019
FrieslandCampina has reported its 1H19 results. Revenue was 45.7 billion, unchanged from 1H18. Operating profit increased by 18.6% to €210 million.
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DSM launches phage cultures for cheddar
23 Jul 2019
DSM has announced the launch of its new DelvoCheese CH-120 cultures, a range of phage robust cultures for young cheddar and barrel cheese.
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Brits continue to embrace plant-based milk
22 Jul 2019
From almond to oat and coconut to pea, plant-based milk alternatives are causing something of a stir, as latest research from Mintel reveals Brits are branching out in their milk tastes.
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Perfect Day debuts flora-based ice cream
15 Jul 2019
Perfect Day has announced the launch of its limited edition ice cream, allowing people for the first time to taste a product featuring Perfect Day's flora-based, animal-free dairy protein.
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Lactalis makes fourth U.S. acquisition
11 Jul 2019
Lactalis Group has acquired Ehrmann Commonwealth Dairy, the U.S. yogurt business of Ehrmann AG, the Bavaria, Germany-based dairy company.
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Chobani announces Milk Matters program
9 Jul 2019
Chobani has announced what it describes as a comprehensive, groundbreaking program to further its commitment to positive transformation of its milkshed—supporting the economic, environmental, and social impacts of its #1 ingredient: fresh milk from loc...
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