Fonterra Co-operative Group Limited has increased its 2019/2020 forecast Farmgate Milk Price range from NZ$6.25-$7.25 (US$4.01-$4.65) per kgMS to NZ$6.55-$7.55 (US$4.20-$4.84) per kgMS.
Singapore food tech company, SinFooTech, is upcycling soy whey food waste into an alcoholic beverage, Sachi, using its zero waste patented fermentation technology.
The Middle East’s growing younger population is driving consumption of packaged food and beverage products, with firms turning to new packaging innovations to entice this lucrative market.
Consumers in Middle East are increasingly more willing to try out new trends, but demands for convenience at an affordable price can pose a challenge for manufacturers.
The Food Safety and Standards Authority of India (FSSAI) has pointed out supply and demand alignment as one of the key challenges in scaling up food fortification rates in the country.
Indian social enterprise Mrida Group has launched two millet products, Upma and Khichdi, to cope with the growing trends of clean label, nutritious, and ethnically sourced ready to cook (RTC) meals for Indian consumers.
