News & Analysis on the Dairy Industry & Markets
Azerbaijan's largest dairy company is set to double its production capacity after securing outside funding worth nearly €4.4 million to help the firm hold off competition from imports and safeguard domestic farmers' incomes, reports Chris Mercer.
Fortification is a growing trend in soft drinks and the dairy sector, and played a role in 8 per cent of all new food and drink products introduced last year, according to David Jago, director of Mintel's Global New Products Database.
Food makers can expect to see the price of hydrocolloids continue to move upwards as suppliers, knocked by squeezed commodity supplies coupled with higher energy and transport costs, pass rises onto the market.
Parmalat, the bankrupt Italian dairy group, is bracing itself for the verdict of an Italian judge, which could force Enrico Bondi, the group's government-appointed administrator, to reconsider claims from former creditors worth an estimated €4...