Higher purchasing power and heightened awareness of conscious consumption mean there is considerable scope to grow the artisanal butter market in Singapore, says a start-up that is innovating with a range of Asian flavours.
The Singapore Exchange (SGX) and New Zealand’s Exchange (NZX) have signed a Heads of Agreement in relation to a global partnership to grow NZX’s dairy derivatives market together.
Regulatory inefficiencies in the Food Safety and Standards Authority of India (FSSAI) have again entered the spotlight after recent government correspondence revealed ‘rampant’ occurrences of margarine masquerading as butter within the F&B industry.
Dustin Boughton, procurement, at Australian and New Zealand dairy company Maxum Foods, has put together three emerging trends he sees in the dairy industry currently.
Fonterra’s Research and Development Centre alongside its global ingredients business, NZMP, has developed a new white butter product for manufacturers in the Middle East market.
The clarified butter known as ghee is a staple in South Asian households and its diaspora. Raquel Tavares Gunsagar wanted to bring a new twist to the ancient ingredient by adding flavors.
Arla Foods and Australian firm F Mayer Imports have established a joint venture to market Castello cheese, Lurpak butter, and other Arla products Down Under.
Canadian dairy giant Saputo has secured a majority stake in Warrnambool Cheese and Butter (WCB) after a hard-fought, three-way battle to acquire the Australian dairy processor.
Gujarat Cooperative Milk Marketing Federation, the Indian manufacturer of Amul brand milk and dairy products, plans to market liquid milk in the US within a year, according to reports.
