Fonterra's NZ$120m ($99m, €73m) Waitoa UHT plant is on track to produce its first batches of Asia-destined Anchor brand long-life milk and cream in March – just over a year since plans for the facility were first revealed.
Consumers in India and China are putting a greater focus than expected on aspects like food safety and environmental quality when purchasing food, a new Kiwi study has found.
In spite of its increasing investments in China, European dairy major Danone is still yet to see signs of any recovery in baby formula growth and market share in China.
Danone is set to increase its interest in Chinese dairy manufacturer Mengniu to almost 10% in its latest bid to capitalize on the "high growth potential" of the country's chilled dairy products market.
The New Zealand Stock Exchange (NZX) has taken "another vital step" towards becoming a global player in the dairy industry by securing status as an authorised dairy trader in the US.
This year will see Asia-Pacific account for one-third of the world’s food and beverage market share, and eclipse both North America and Europe combined in terms of demand.
New Zealand dairy major Fonterra has raised RMB1.25bn (US$210m) through a five-year offshore “dim sum” bond issue to to repay debt and expand its operations in China.
The announcement today by Australia’s Bega Cheese to sell its stock in Warrnambool leaves the way clear for Lion to follow suit, while Canadian dairy company Saputo should now be free to take over the New South Wales cheese and butter business.
The Vietnamese government has given Vinamilk the go-ahead by to pursue its latest international investment – the purchase of a majority stake in Cambodian dairy processor, Angkor Dairy Products.
Fonterra Brands NZ is recalling thousands of bottles of fresh cream in New Zealand after tests revealed that the products may be contaminated with E.coli.
Adoption of western style products in ready-to-drink market
French dairy giant Lactalis has agreed to acquire a 100% stake in Indian dairy, Tirumala Milk Products Company - marking its entry into the world's largest dairy market.
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.
Biostime looks set to acquire Chinese infant formula manufacturer Changsha Yingke Nutrition - a deal it believes will further the success of its French-made ADIMIL milk powder range.
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.
The six Gulf Co-operation Council (GCC) countries are now consuming more dairy than ever before thanks to changes in lifestyle and dietary patterns, a new report from food and drink consultancy Zenith International said.
The recent Fonterra whey protein concentrate (WPC) botulism scare was “not the result of any regulatory failure,” a New Zealand government inquiry into the incident has concluded.
Dairy products have an important role to play in improving nutritional levels among the world’s poorest people, the Food and Agricultural Organization (FAO) says in a new book.
Food is expected to be one of Australia’s top five exports in the next decade, at a time when Asian markets are expected to remain the top export destinations for the country, a new report from research firm IBISWorld has said.
Warrnambool Cheese and Butter (WCB) has again given its backing to the latest takeover bid by Canadian dairy giant Saputo, rejecting rival offer by Murray Goulburn and Bega Cheese.
Food Standards Australia and New Zealand (FSANZ) is calling for submissions on a proposal that will permit production and sale of an increased range of raw milk products in Australia.
Booming Chinese consumer demand for imported UHT milk represents a significant opportunity for the US dairy industry, the US Dairy Export Council (USDEC) has claimed.
An investigation into Fonterra's buttermilk disposal practices has been launched in New Zealand in response to concerns about the size of a dumping site dubbed the 'Lake of Buttermilk'.
Murray Goulburn has challenged Canadian giant Saputo’s attempted acquisition of Warrnambool Cheese and Butter (WCB) with an offer that, if accepted, would create one of the largest Australian food and beverage firms.
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.
China’s demand for dairy imports look set to grow for at least the next two years, while its local milk production struggles under structural change in the supply chain.
Irish dairy giant Glanbia has pinpointed infant formula-hungry Asia as “a key market” as it continues its preparations for the abolition of the European Union (EU) milk quotas.
Fonterra has denied it has “any legal liability” to Danone in relation to its recent whey protein concentrate (WPC) contamination scare, despite being in talks with the French dairy giant over the possible payment of compensation.
Diarrhoea can be reduced via supplementation with milk protein, lactoferrin, according to a Nestlé patent published this month by the World Intellectual Property Organization (WIPO).
Slowing dairy sales growth in Brazil and India during Q2 2013 means that reforms and infrastructure upgrades are likely necessary to reignite such emerging markets, according to Rabobank.
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.
As one of the world’s largest-volume dairy markets, India is often forgotten, but now specialist agricultural bank Rabobank believes the time has come for global players to start investigating the market's potential.
Russia has lifted the temporary import and distribution ban imposed on Fonterra dairy products following the New Zealand-based dairy cooperative's decision to recall three batches of whey protein concentrate (WPC) potentially contaminated with botulism-causing...
New Zealand research organisation AgResearch has moved to distance itself from Fonterra's decision to recall three batches of whey protein concentrate (WPC), rubbishing claims that it "confirmed the presence" of Clostridium botulinum in...
Danone is reviewing its “recourse and compensation options” in relation to the Fonterra whey protein concentrate (WPC) botulism alert that led it to pull potentially-affected infant formula products from shelves in eight countries.
New Zealand’s Ministry of Primary Industries have confirmed the scare surrounding contaminated whey protein concentrate supplied by dairy giant Fonterra was a false alarm.
Fueled by growing health concerns and new-found awareness of lactose intolerance among the consumers, India’s non-dairy toppings segment is growing in strength.
A move by Chinese authorities to begin a pilot scheme that will eventually require all baby formula sold in the country to be distributed by pharmacies or equivalent stores has been criticised for not addressing the real problem of safety.
The New Zealand Ministry for Primary Industries (MPI) is considering the provisional implementation of stricter food safety measures in the dairy industry following a recent spate of high-profile product contamination cases.
New Zealand’s main opposition party has called for a standalone food safety agency in the wake of international bans on New Zealand dairy produce due to recent contamination scares.
The Food Safety and Standards Authority of India (FSSAI) has proposed new standards for infant nutrition, substitute foods, fortified atta (flour) and ingredients as part of a wide overhaul of its standards.
Fonterra has placed two senior managers “on leave” in the midst of an internal investigation into the circumstances surrounding the recent Clostridium botulinum whey protein concentrate (WPC) contamination scare.
According to the chief of India’s biggest dairy exporter, India’s milk product exports could jump my more than one-half this year in light of China’s fractured relationship with New Zealand following the latest Fonterra crisis.
Fonterra NZ Milk Products boss, Gary Romano, has resigned “with immediate effect” less than two weeks after news broke that 38 tonnes of whey protein concentrate (WPC) manufactured by the company could be contaminated with botulism-causing Clostridium...
With Fonterra’s contamination crisis unlikely to die down soon, the fall-out in China is likely to have more of a lingering impact on New Zealand’s continuing trade with the country than it will on Fonterra, say industry experts.
As Fonterra battles for its reputation in countries that have received batches of its whey protein concentrate contaminated with the C. botulinum bacterium, it is also facing a fight on the home front. Questions are already being asked about the speed...
