Danisco is confident in the long term strength and potential of food cultures – so much so it recently pledged €60m to expand capacity. That confidence is based on three pillars, says Danisco Cultures’ VP: convenience, health, and food safety.
Sales and profits at Arla Foods have fallen sharply in the first half of the year but the dairy co-op expects cost cutting measures to improve full year results.
The newly merged dairy co-op Royal FrieslandCampina has reported a sharp decline in the profitability of its ingredients business, as selling prices plummet.
Dairy ingredients dragged down the first half of 2009 for Glanbia’s Dairy Ireland division, as sale prices dropped but the price paid to milk suppliers was above the market low.
Saputo, the largest dairy processor in Canada, has completed its $44.5 m acquisition of F&A Dairy of California, which manufactures mozzarella, provolone and whey products.
Spanish food company, Ebro Puleva, has bucked the recession by registering a record first half result, with net profits surging 25 per cent to €98 million on turnover of €1.12 billion.
The EU Commission has raised the alarm over the failure of dairy prices at the check-out to follow commodity prices downwards as competition authorities in the UK extend a dairy price-fixing probe.
Glanbia and Dairy Crest have both reported this week that business is continuing in line with expectations but warned that dairy ingredients markets are weak.
Thousands of dairy farmers took to the streets of Strasbourg this week to call on the new President of the EU Parliament to take action against low prices and deregulation.
Danisco latest results bear testament to the responses of consumers to the economic crisis around the world – with very different shifts taking place in the US and Europe.
As protests continue around Europe from dairy farmers concerned about covering their costs in the current market, French producers appear to have succeeded in speeding up government scrutiny of supermarket pay practices, according to reports.
A UK cooperative representing 10 per cent of the country’s supply chain has fallen victim to wider uncertainty gripping the European market after going into receivership this week.
Decision News Media, publisher of DairyReporter.com.com and 16 other websites serving the international food, nutrition, pharmaceutical and cosmetics industries, has been acquired by UK business-to-business publisher William Reed Business Media.
British retailers are facing calls to increase support for the country’s dairy farming sector amidst wider European concerns about the role of stores in maintaining a profitable milk supply.
The economic recession is biting across the globe, and bleeding casualties litter all industries, but now is not the time to cower. Those willing to spend may provoke a stimulation of their business that could set them up for years, if not decades, to...
Turmoil has continued to rock the EU dairy sector this week as the European Commission pledged balancing its support for milk producers with ensuring wider commitments to market deregulation.
New US initiatives to support milk export producers in the country against rival subsidised production has come under fierce attack from rivals in New Zealand, which accuse the country of acting in ‘un-American’ manner.
The agricultural minister of Belgium has expressed similar price concerns shown by some French farmers this week in calling for further reassessment by the European Commission of the use of support measures available to milk producers.
US-based cooperative group Dairy Farmers of America (DFA) says it remains committed to production of value added products despite the sale of its stake in processing group National Dairy to Grupo Lala.
As the depressed dairy demand, falling commodity prices and less support from Europe take their toll, it will be down to the dairy market to find its way to sustainability, says Carbery’s big cheese.
Arla Foods says it will immediately begin integrating the fresh dairy operations of FrieslandCampina into its own operations after obtaining regulatory approval from Dutch and European authorities.
Unilever’s activities in the developing and emerging markets and the US have proved key to growth in Q1, but private label presents a challenge to brands.
This year’s Food Ingredients Europe (FiE) trade show in Frankfurt, Germany, will focus on key trends such as fat, sugar and salt reduction, global sourcing, and satiety.
Fonterra has this week confirmed that it is divesting a number of its operations in Australia and India as it focuses on what it calls core strategic objectives.
As European farmers’ associations call for better cooperation between processors and milk suppliers over pricing, a leading cooperative groups says it is already having to tighten its budget across the supply chain.
German and Irish dairy farmers have renewed their protests this week over concerns about payments for their produce, calling on processors across the bloc to help find a solution to improve profitability.
The ongoing slide of global capitalism is decimating industries, but the food supplements industry is not one of them as fraught consumers turn to its potential low-cost, anti-medical, wellness promise.
Emmi has reached an agreement with Switzerland’s LRG Group to acquire a 60 per cent share of Nutrifrais, in a bid to build its market share in yoghurts and dairy desserts in French-speaking Switzerland.
The UK organic sector is cheered by a 1.7 per cent increase in the market in 2008 despite the gloom of recession, as a report from the Soil Association sees consumers buying cheaper organics instead of switching back to conventional foods.
Fonterra says it has recorded a second consecutive monthly rise in the prices being paid to its member farmers for their milk, reflecting possible stabilisation in the supply chain.
UK-based Dairy Crest says that it remains committed to branded dairy production despite its decision to offload its yoghurt operations that it ran as a joint venture Yoplait.
DSM has linked with the North China Pharmaceutical Group Corporation in three separate projects that will see DSM take a minority 10 per cent share in the Chinese company.
Irish farmer’s groups have added their voices to growing dissent among European milk suppliers, claiming that some producers in the country potentially face an entire year of financial loses unless regulations are reformed.
Danone’s financial outlook implies tough times may be ahead for dairy producers, with the company facing stagnant organic sales value growth despite some resurgent demand, suggest analysts.
As Arla Foods drives ahead with plans to bolster its operations in whey and finished dairy products, the group says its latest acquisition highlights wider interest in the markets of Western and central Europe.
The Irish food firm Glanbia has reported an 18.5 per cent rise in profits for the year but its performance was hit by a struggling dairy sector and it predicts tough times ahead.
European retailers are failing to support dairy production and processing, despite continued pledges from leading chains in the bloc about price commitments, claims one farmers’ lobby group.
The impact of last year’s melamine milk-contamination in China continues to be felt after dairy exports fell by 10.4 per cent on a year-on -year basis in 2008, creating growing interest for imported brands, claims state media.
Last week’s withdrawal of a high-profile functional food in France is disappointing for the company concerned and maybe for the healthy/functional foods industry, but you may be led to think differently if you happen to be a reader of the UK broadsheet,...
The organic dairy market remains resilient in the economic downturn amidst ongoing diversification drives, but more most be done to improve profitability in supply, says the new vice-chairman of a leading British cooperative.
As European consumers reportedly flock to own brand products in a bid to offset fears over the global economic downturn, dairy processors are bracing to adapt their operations to meet short-term demand challenge at the very least.
There are fears that in the economic crisis consumers will put on “recession pounds” by eating unhealthily. Rightly or wrongly, food manufacturers may suffer the blame but “unhealthy” and “recession proof” do not necessarily go hand-in-hand.
A leading European dairy cooperative has announced it will return prices paid to its farmer members to rates similar to before surging values recorded in mid-2007, risking further wrath from concerned farmers in the bloc.
British dairy groups are proving to be particularly sensitive to the bleak new year outlook facing European processors, though the falling value of Sterling may cushion the nation’s producers ahead of an expected long-term pickup.
A leading US dairy cooperative hopes to close the book on allegations of price fixing by agreeing a multi million-dollar settlement that it says is not an admission of guilt or innocence.
Symrise is expanding the capabilities at its site in Vienna in a bid to gain more traction in the southeastern European market, with a particular focus on fat-based products.
