Milk

Mintel market trends: Apac getting lairy for dairy

Mintel market trends: Apac getting lairy for dairy

By Davina Patel, food and trends analyst at Mintel

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. 

Aussie dairy majors endure a rollercoaster week

Aussie dairy majors endure a rollercoaster week

By RJ Whitehead

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.

The fact that Tajikistan is 93% mountainous makes agriculture in the country challenging. The ADB is providing a grant to the country to look at boosting dairy production. Pic: ©iStock/aggey

ADB grant to help fund study on boosting dairy production in Tajikistan

By Jim Cornall

The Asian Development Bank (ADB) is providing a $500,000 technical assistance grant to prepare a feasibility study for a proposed project to improve food security in Tajikistan by boosting dairy production while making the industry more resilient to climate...

New regulations could force small formula companies to close

China

New regulations could force small formula companies to close

By RJ Whitehead

Last month’s decision by the Chinese food regulator to implement stricter food safety rules governing formulation and marketing is likely to wipe out a fair number of small- and medium-sized infant formula businesses in a highly competitive market.

A New Zealand government program aims to help develop the sheep milk industry in the country. Pic: ©iStock/brians101

New Zealand sheep milk PGP program kicks off

By Jim Cornall

Building an environmentally, socially and economically sustainable industry to meet the growing demand for sheep milk products is the goal of a new sheep milk Primary Growth Partnership (PGP) program that has officially kicked off in New Zealand.

Chinese dairy shoppers becoming less satisfied with their milk

China direct

Chinese dairy shoppers becoming less satisfied with their milk

By RJ Whitehead

Customer satisfaction is on a downward spiral among Chinese dairy consumers, according to the latest national research report on shoppers’ attitudes to liquid milk, which also highlighted how the public are now demanding higher-quality products.

The Nestlé Lanka Kurunegala Factory. Pic: © Nestlé Lanka

Nestlé Lanka opens $3.4m UHT milk plant

By Jim Cornall

Nestlé Lanka has opened a new UHT milk plant in its factory in Kurunegala, Sri Lanka. The new production facility cost LKR500m ($3.4m) to construct.

Australian dairy cooperative Murray Goulburn says milk intake for FY17 will be reduced, and it has cut its FY17 farmgate milk price.

Murray Goulburn says weather creating challenges

By Jim Cornall

Murray Goulburn Co-operative Co. Limited (MG) has provided an update on the impact of very wet climatic conditions on milk intake as well as a revision of its full year forecast farmgate milk pricing.

Pieter Nouber, DSM, and Phan Minh Tien, Vinamilk, at the signing of an agreement between the two companies to work on product development for the Vietnamese market.

Vinamilk signs strategic cooperation with DSM

By Jim Cornall

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.

Fonterra has published its 2015/16 financial report, revealing profits after tax of $604m

Fonterra profits up 65%

By Jim Cornall

New Zealand’s Fonterra Co-operative Group has announced a 65% increase in net profit after tax to NZ$834m ($604m) for the financial year ended July 31, 2016.

Saikexing will be expanding its Chinese operations thanks to a $125m ADB loan.

Saikexing secures $125m to expand in China

By Jim Cornall

China’s number four dairy farming firm Saikexing has secured a $125m loan to reduce environmental pollution, improve food safety, and expand the supply of milk within China.

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