New Zealand based manufacturer, packer and exporter of powdered dairy products Keytone Dairy Corporation Ltd has raised A$15m (US$11.1m) as part of its initial public offering (IPO) to facilitate an Australian Securities Exchange (ASX) listing.
Yashili has announced deals in China and New Zealand to strengthen supply and service agreements with two of its biggest shareholders, Mengniu and Danone, while also bolstering its relationship with Australia's Burra Foods.
US food manufacturer Dean Foods Company has increased its ownership percentage and taken a majority stake in Good Karma Foods, the leading brand of flaxseed-based milk and yogurt alternatives.
Plant-based milk alternatives have surged 61% in the last five years and will continue to grow, while cow’s milk differentiates into new products to slow its decline.
Supermarket chain Lidl has awarded Dale Farm, the largest UK farmer-owned dairy co-operative, a lead contract to supply cheddar cheese to its stores across the UK, Europe and the US.
New Zealand dairy cooperative Fonterra is adding a new channel to its global foodservice business – Beverage House – to capitalize on what it says is an increased global demand for ‘adventurous’ tea and coffee drinks.
Bom Bom Brands has launched Fully Baked, the world’s first alcoholic drink made using a hemp dairy alternative, to expand its line of premium adult beverages.
Constantia Flexibles plans to double sales in India within the next five years thanks to its acquisition of a majority stake in Creative Polypack and its group companies.
Butter can have a bright future in Brazil but the category needs clever flavor and packaging innovation to tempt consumers who traditionally prefer margarine, says a Mintel analyst.
Japanese company Nippon Luna has signed an agreement with Icelandic firm MS Iceland Dairies (MS) for production of the latter’s Ísey Skyr dairy products.
While exports to China may seem to be the big prize for many western dairy companies, the road may be about to get a little tougher as the country is looking to bolster its own dairy production.
Danone and Yashili, a division of China’s Mengniu Dairy Co, have signed a memorandum of understanding (MOU) whereby Danone acquires 49% of the shares of the dairy company Yashili New Zealand Dairy Co.
Infant formula firm Bubs Australia has entered a binding manufacturing agreement with a CNCA-licensed production facility as part of its efforts to achieve CFDA (China Food and Drug Administration) registration, while also inking a deal with Alibaba to...
Machine-based learning could be as effective as the human ear when it comes to detecting infant crying or fussing, opening up possibilities for potential clinical applications such as detecting colic.
Singapore Polytechnic’s Food Innovation and Resource Centre (FIRC) and the US Dairy Export Council (USDEC) have signed a partnership agreement to maximise research and development opportunities across South East Asia.
Difficult economic conditions and rising unit prices in Brazil are seeing consumers move away from yogurt and move to less expensive dairy products, says Euromonitor International.
Dairy-free 'milk' alternatives remain modest in Latin America with consumers being priced out, following years of economic strain, says the executive director of dairy at Rabobank.
New Zealand cooperative Fonterra, the world’s largest dairy exporter, is expanding its online presence to consumers in Southeast Asia for the first time through a new partnership with Lazada, an online shopping destination in the region.
Swiss nutrition company Hochdorf Swiss Nutrition Ltd has acquired the Swiss baby care producer Bimbosan AG in a cash and share deal (10% treasury shares) for an estimated price of CHF 30m, which the company said represents approximately 2.5x and 13x EBITDA...
Morinaga Milk's financial results for the last year saw a slight dip overall, with net sales falling 0.1% (¥530m) year-on-year to ¥592,087m, but the firm is targeting sales success with its higher-value functional products.
Insatiable demand from China is seeing infant formula fly off the shelves in Australia, resulting in shortages at retail stores and pharmacies, despite manufacturer efforts to increase production.
A one-stop dairy hub that will offer a range of research and development, processing, warehouse and tech services could help Singapore firms slash costs and increase export opportunities.
Australian health and wellness company Bioxyne Limited has appointed ASVA International Sdn Bhd, Malaysia (ASVA), as its regional distributor for Thailand, Philippines, Myanmar, Cambodia and Mauritius.
According to information from Lithuania’s State Food and Veterinary Service (SFVS), the country’s dairy producers are successfully expanding the export of milk products.
Yoghurt and cheese are winning in China's dairy market, with Chinese consumers willing to pay a premium for dairy products with health-related attributes.
Indian pharmaceutical firm Sundyota Numandis will open a US$12m probiotic facility to meet demand, following link-ups with major industry players to develop and market a patented formulation.
DuPont is set to open a new Innovation Application Centre in Japan later this year, highlighting wellness, snacking and ageing as the region's hottest trends.
FrieslandCampina DOMO’s new Human Milk Oligosaccharide (HMO) ingredient, 2’-fucosyllactose (2’-FL), has been officially certified to be used in infant formula in both European and US markets.
China’s leading grocery retailers are forecast to grow at nearly double the rate of the country’s total grocery retail market by 2022, with experts highlighting five factors that will accelerate their advance.
The Canadian province of Ontario is partnering with the city of Kingston to improve the infrastructure needed to establish the city's first baby formula production facility, which will create up to 277 new jobs in the community.
Fermentation is making a ‘comeback’ in western markets, with growing demand supported by consumer perceptions of it as a ‘natural’ and ‘healthy’ food preservation method.
A new partnership between US and Pan-American dairy farmers is set to foster collaboration in promoting trade and combating trade-inhibiting regulations and policies.
China's status as a sales powerhouse for major international infant nutrition firms has been underlined, with both Abbott and Danone reporting solid growth in the country.
Wattle Health Australia recently signed a distribution agreement with International Supplies and Distribution Company (ISDC), a Chinese firm specialising in premium food products.
The dairy industries on both sides of the Atlantic share quite different views on the recently negotiated trade deal between the European Union and Mexico.
Australian Dairy Farms Group subsidiary Camperdown Dairy Company has signed what it says is a ‘significant new contract processing agreement’ with an international food company.
