Chile’s Fiscalia Nacional Economica (FNE), the country’s competition authority, has said that a takeover of Danone Chile by Watt’s can go ahead.
Dean Foods saw an 0.8% decline in fluid milk volume sales during Q4 and a 2.1% decrease for the full-year 2016, mirroring a similar trend reported by the USDA, which showed a 1.25% decline in volumes of fluid milk during the fourth quarter of 2016.
Drinking milk to excess may be detrimental to health and could even shorten life span in women, according to Swedish researchers.
The ever-changing needs and wants of consumers due to their access to information on nutrition has dramatically altered how dairy companies approach product offerings.
French dairy company Savencia has announced net sales of €4.42bn ($4.69bn) for 2016, which the company says is a 0.5% decline compared to 2015.
One of the world’s biggest makers of nutritional ingredients, Royal DSM, saw pre-tax profits increase by 17% last year, with a strong performance from its nutrition division.