New Zealand multinational dairy co-operative Fonterra has opened a new innovation centre in Shanghai, China, in order to develop unique products for the growing Chinese market
Milk Link CEO Neil Kennedy says market conditions for the next year will likely remain challenging with dairy commodity returns ‘sharply down’ in comparison with historical prices in the short term.
Processing of Yoplait yoghurts for Republic of Ireland and Northern Ireland will revert back to France after dairy giant Glanbia’s sale of the franchise back to Yoplait.
Ireland-based food company Glanbia, which has agreed to sell Yoplait Ireland yogurt business to General Mills for €18m, has noted that this move may lead to loss of 50 manufacturing jobs in Wexford, Ireland.
Danone has launched a “new category” of yogurt to Spanish consumers – offering the experience of eating ice cream with the nutritional benefits of yogurt.
During round 12 of the Trans-Pacific Partnership negotiations in Dallas this week, a group of global dairy organizations, led by the Consortium for Common Food Names, submitted a set of recommendations for safeguarding the use of common cheese names.IDFA
Swedish-Danish cooperative Arla Foods plans to eliminate 250 jobs worldwide as a part of its restructuring plan to lower its annual costs by DKK500m ($86.16m).
Lifeway Foods, a US-based supplier of kefir cultured dairy products, has announced an agreement to nearly triple the distribution of its kefir line in Target stores. The company has also launched new products in Target stores.
The ever-growing popularity of ‘better-for-you’ organic and functional food is set to drive US dairy sector sales in 2012, according to an industry trends report.
Australia look set to okay the sale of non-pasteurised hard cheeses after food safety authorities approved a proposal to sell raw milk products in the country.
Tasmanian dairy processor Tamar Valley Dairy has reportedly secured a five-year deal to supply 3,000 tonnes of yoghurt each year to Australian supermarket chain Coles.
Philadelphia, the cheese brand owned by Kraft Foods, is launching new limited edition lenticular lid designs for three of its products – Philadelphia Light, Philadelphia Original and Philadelphia Garlic & Herb.
Vadilal, one of the leading ice cream and frozen dessert brands, has launched five products under the umbrella brand of Ice Trooper, the mascot for this new segment. It is targeted at kids aged between seven and 13.
Australian dairy processor Murray Goulburn Cooperative (MG) is facing legal action over plans to reduce its workforce by over 300 in an effort to reduce costs and improve competitiveness.
