Cheaper production costs and higher quality products have led foreign companies to dominate most Chinese dairy markets, but high margins and booming demand have put local firms in pole position in the yoghurt market.
Prabhat Dairy is seeking to expand its consumer business across India in a bid to achieve annual sales of 20 billion rupees (US$307.2m) by financial year 2019-2020.
JSC Vietnam Dairy Products (Vinamilk) has signed a strategic cooperation with nutrition company Royal DSM, to apply international standards on nutrition powdered milk products for children and consumers in Vietnam.
Oman’s Salalah Mills will build a new US$19.5m flour mill to produce 600 tonnes of flour per day by 2017, as agro terminal and dairy plant projects also get underway in the Sultanate.
Brazil, Russia, India, China – as well as Mexico – are the fastest growing markets for functional dairy products, according to a Euromonitor International presentation given last week at the Healthy and Functional Dairy event.
Saudi-based company Almarai has partnered with Oystar Gasti in a deal that will help fulfill continuing consumer demand for high quality dairy products in the Gulf.
With dwindling domestic supplies, China’s move to buy up huge quantities of milk from international markets is having a significant impact on buyers in other countries, while also bolstering dairy prices across the world.
Japanese dairy giant Meiji Holdings has set aside 11.5bn yen ($140m, €110m) to build and equip a new processing plant under plans to increase its yogurt and milk product processing capabilities.
Royal Friesland Campina is poised to complete the takeover of Filipino firm Alaska Milk Corporation (AMC) for total sum of around €350m, in a move it said gave it access to 100m consumers in a ‘high growth’ market and the opportunity to 'valorise...
India is looking to revise microbiological standards for milk and milk products in an attempt to better ensure food safety across the supply chain in the country’s growing dairy sector.
DSM is extending its Delvo Fresh dairy culture line with the launch of a dahi culture range, developed to meet local consumer preferences in India, says the company.
Chinese authorities have closed two dairies in the northern region of Ningxia following the discovery of a further 170 tonnes of melamine tainted milk powder, according to media reports.
A development in antibody-based food testing is the latest product launched specifically to trace contamination of the industrial chemical melamine in milk products, according to its manufacturer.
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.
The impact of this year’s melamine dairy crisis has rumbled through the food chain and although quality assurance measures can benefit responsible firms, downturn in Chinese dairy has still led to lost of ingredients sales.
Chinese dairies need to invest more in R&D to capitalise on
future growth in added value products like milk drinks, cheese and
yoghurts, advises a new report from consultants McKinsey.
