Markets

Hon. Minister Chief Audu Ogbeh and chairman of L&Z Integrated Dairy Farm, Keith Richards, sign a dairy MoU in the Nigerian capital, Abuja.

Nigerian government looks to improve dairy sector from within

By Jim Cornall

The Nigerian government and a local dairy company, L&Z Integrated Dairy Farms, have signed a Memorandum of Understanding aimed at developing the dairy sector and helping to tackle Fulani herdsmen and farmers clashes in Nigeria.

Demand for UHT milk in South Africa is rising, according to a new report from Persistence Market Research. pic: ©iStock/JJMaree

Potential for growth in UHT market in South Africa

By Jim Cornall

A new report on the South African milk market by Persistence Market Research says that preservation of raw milk continues to be a challenge for consumers, pushing the country’s middle class to opt for durable UHT milk products.

Has UK packaged food gone past its sell-by date?

Study finds UK packaged food sales have declined steadily throughout past decade

Has UK packaged food gone past its sell-by date?

By Louis Gore-Langton

Packaged food sales in the UK have reached their lowest growth rate in a decade due to an increase in discounter stores, innovation fatigue, and an increase in eating out due to economic improvements, according to Euromonitor.

Probiotic supplement growth is outstripping glucosamine, multivitamins, calcium, omega-3s, CoQ10 and protein. ©iStock/kzenon

Probiotic supplements on rise in global €40bn market

By Shane Starling

Latest data from Euromonitor International shows the global probiotics market is worth about €40bn, yoghurt continues to be the dominant mode of delivery although probiotic supplements are growing fastest.

GDT's director says that the new governance means more transparency. Pic: ©iStock/Freer law

Global Dairy Trade strengthens independence

By Jim Cornall

New governance principles to monitor GDT Events, the twice-monthly auction held by Global Dairy Trade (GDT), have been approved by the GDT Events Oversight Board, at its second meeting held at SIAL Paris, the international food event.

According to the EMB, 35% of production costs in Luxembourg aren't being met by current prices. Pic: ©iStock/Jürgen François/pavlinec

EMB bemoans high milk production cost in Luxembourg

By Jim Cornall

The European Milk Board (EMB) says that 35% of milk production costs in Luxembourg are not covered, after the country was added to those nations analyzed by the Büro für Agrarsoziologie (BAL).

'We've had stronger messages from the large companies we work with that they are aware of the potential for disruption, what we could call the uberisation of their activities.' © iStock/StockRocket

Application deadline: 25 November 2016

AcceleRise promises accelerated 'Uberised' route-to-market for start-ups

By Niamh Michail

Are you a food tech start-up looking to speed up your time to market, or an established industry player that could mentor a young company? AcceleRise business accelerator is calling on applicants to foster a food tech ecosystem.

Dr Judith Bryans has been elected president of the International Dairy Federation.

Bryans takes over as IDF president

By Jim Cornall

Dr Judith Bryans, chief executive of Dairy UK, has been elected president of the International Dairy Federation (IDF) at the World Dairy Summit currently being held in Rotterdam, the Netherlands.

Banana milk is one of the dairy alternatives showing growth, according to an Allied Market Research report. pic: ©iStock/gojak

New products created as demand for dairy alternatives rises

By Rukaiya Shaikh, Allied Market Research

Demand for dairy alternatives is growing with the creation of dairy-free milk in labs, the emergence of vegan milk alternatives, and increased adoption of coconut and banana milks that offers various health benefits.

Prices for all major commodities in the FAO's basket of goods.rose last month apart from grain. © iStock/Peshkov

World food prices hit 15-month high: FAO

By Niamh Michail

Food prices for all global commodities rose in the past month apart from cereals, according to the UN’s Food and Agriculture Organisation (FAO).

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