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Breaking News on Food & Beverage Development and Technology - Asia PacificEU edition | US edition

Dairy

News headlines

Amul sees 18% year-on-year growth

Indian dairy cooperative Gujarat Co-operative Milk Marketing Federation Ltd. (GCMMF, Amul), which markets the Amul brand of milk and other dairy products, has registered a provisional turnover of Rs. 27,085 crores ($4.2bn) for the financial year 2016-17 which ended on March 31, 2017.

EBRD keen to assist Mongolia’s dairy sector potential

As part of its drive to strengthen the Mongolian economy by supporting the country's agribusiness sector, the European Bank for Reconstruction & Development (EBRD) organized a dairy conference last week.

Beston sells dairy farm to Paris Creek

Australia’s Beston Global Food Company Limited has relinquished its interest in B.-d. Farm Paris Creek (Paris Creek), as well as selling Paris Creek a dairy farm.

NATURAL PRODUCTS NEW ZEALAND SUMMIT 2017

NZ government backs natural products innovation as exports help offset dairy slump

The New Zealand government is committed to helping natural products and supplements firms meet their export potential by removing barriers to innovation, according to the country’s environment minister.

FrieslandCampina comments on China Huishan Dairy crash

On March 24, the Hong Kong Stock Exchange postponed the trading in shares of China Huishan Dairy Holdings Company Limited after an 85% drop of its share price.

Vinamilk completes Angkormilk takeover

Vietnamese dairy Vinamilk has bought all of the remaining shares of Cambodian milk producer Angkor Dairy Products Co. Limited (Angkormilk).

Roha launches Natracol Ultra Cran Red as an alternative to carmine in dairy products

Indian food company Roha Dyechem Pvt Ltd has created Natracol Ultra Cran Red (UCR), which it says capitalizes on the trend to move from synthetic dairy food colorants to natural ones.

Australia

Murray Goulburn hopes new chairman will calm waters

John Spark has been named to replace outgoing chairman Philip Tracy at beleaguered dairy co-operative Murray Goulburn after weeks of boardroom turbulence.

Better knowledge and more dairy: How Malaysia can help tackle national diabetes surge

There is vast scope to improve glycaemic control among type 2 diabetics in Malaysia by boosting nutrition knowledge and the intake of dairy, a cross-sectional study has found.

Ausnutria seemingly unaffected by new China infant formula rules as revenues rocket

Revenues at Hong Kong-listed infant nutrition company AusNutria soared by 30.3% to RMB2,740.3 million (US$396 million) for 2016, despite intense market competition, most notably due to new regulations in China.

Mintel market trends: Apac getting lairy for dairy

As Asian taste trends continue evolving across Asia-Pacific, manufacturers are being forced to cater for more discerning, better travelled consumers with greater culinary exposure to foreign cultures. 

Dairy Association of Sri Lanka formed

The formation of The Dairy Association of Sri Lanka took place in February.

News in brief

a2 Milk Company buys shares in Synlait

Australia’s a2 Milk Company (a2MC) has announced it will acquire approximately 8.2% of the shares of Synlait Milk Limited.

Kiwi supplement and health food firms targets for Chinese takeovers as dairy deals come under increased scrutiny

New Zealand supplement and health food manufacturers are likely targets for merger and acquisition activity over the next year, with private equity firms, notably from China, increasingly looking to splash the cash.

Can Japanese be the next Greek? Morinaga preps ALOVE Japanese-style yogurt launch in US

Through its Nutritional Foods arm, Japanese dairy giant Morinaga is entering the US dairy market with the launch of its ALOVE aloe vera yogurt, which will debut at the Expo West trade show in Anaheim, CA.

Aussie dairy majors endure a rollercoaster week

Dairy industry boardrooms have seen some turbulence over the last week, with two majors announcing widely differing commercial fortunes, and one formula maker facing the future with a very different board.

News in brief

Fonterra’s NZMP launches low-lactose instant whole milk powder

NZMP, Fonterra’s global ingredients brand, has launched NZMP Low Lactose Instant Whole Milk Powder (IWMP).

VIDEO: Talking trends – Chr. Hansen on the probiotics and healthy dairy boom driving growth across Asia Pacific

Probiotics, functional dairy and natural colours – combined with Asia’s rapidly changing lifestyle and health needs – are among the top factors driving industry growth in the region.

News in brief

Mead Johnson sets up agreement in Australia with Bega Cheese

Mead Johnson Nutrition Company has announced an agreement to acquire spray drying and finishing capabilities in Australia from Bega Cheese Limited.

News in brief

Tetra Pak and Lahore University sign dairy sector agreement

Tetra Pak Pakistan has joined forces with Lahore University of Management Sciences (LUMS) to sign a dairy sector agreement.

Key Industry Events

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