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Tokyo Olympics spurring dairy protein demand in Japan as wider region anticipates double-digit growth

The 2020 Olympics, 2019 Rugby World Cup, and the ageing population are contributing to ‘huge demand’ for protein products across Japan's sports nutrition and functional food space.

FI Asia 2017

Healthy ageing NPD in Asia: Can functional foods follow supplements’ lead?

The vast majority of new product launches targetting the main health concerns for seniors remain in the supplement space, with analysts arguing there is vast potential for the region’s food...

Indian government to pump $1.7bn into dairy industry

India’s Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has approved a Dairy Processing & Infrastructure Development Fund (DIDF) with an outlay of Rs 108.8bn ($1.7bn)...

‘Consumers are increasingly concerned about the origin of the products they are buying’

CSB-System IT enterprise is creating 150 jobs at its headquarters in Aachen, Germany, as it plans to opens offices in Brazil, China and South Korea.

Guest article

‘The pendulum is swinging towards in-house sustainable sourcing’

‘One of the most difficult issues associated with sustainable sourcing is whether companies should adopt third party standards or develop in-house schemes.

USDEC ushers in strategic plan to grow US dairy exports 5% by 2021

USDEC has introduced a plan to increase US dairy exports by 5% as volume growth of exports has hit a plateau in recent years.

Euromonitor: 20 most influential megatrends to shape the world by 2030

Euromonitor International has identified 20 of the most influential megatrends to shape the world by 2030 with analysis on eight megatrends with the furthest-reaching impact on industries and consumers in...

News in brief

Diversey: As independent business we can be smarter and more agile

Sealed Air has completed the sale of its Diversey Care division and the food hygiene and cleaning business to Bain Capital Private Equity for $3.2bn.

EMB says Belgian milk price only covers 65% of production costs

A recent cost study shows the cost of milk production in Belgium in 2016 was 41.37 cents/kg.

Updated

EEX and GDT to look into auction for dairy products in Europe

The European Energy Exchange (EEX) and Global Dairy Trade (GDT) have signed a letter of intent to evaluate the possibility of working together to set up and operate an auction...

China direct

Ice cream tastes changing as Chinese market thaws out

Half of urban Chinese consumers now snack on ice cream at home—an increase of 10 percentage points in just two years.

US and Mexico united on dairy trade priorities amid NAFTA renegotiation talks

The US and Mexico dairy sectors have issued a joint list of trade priorities for the modernization of NAFTA, protecting of generic cheese names, and Canada’s “sky-high” dairy tariffs.

Fonterra opens Australia plant as demand soars for pizza cheese toppings in China

Fonterra Co-operative Group has expanded its operations in Australia, opening a plant in Victoria, to meet demand for cheese pizza toppings in China.

News in brief

Dairy Fresh Foods to close, axing 180 jobs

Dairy Fresh Foods, a distributor of cheese, yogurt, butter, and snacks is closing its doors in October, axing 180 jobs.

News in brief

My/Mo mochi ice cream to hit 6,000 stores in September

Mochi ice cream is quickly catching up to North American frozen treat staples like ice cream sandwiches and Klondike bars, according to category newcomer My/Mo, with market research firm IRI...

China will overtake the US as the largest dairy market by 2022

China will overtake the US as the largest dairy market by 2022 whilst India takes fourth place from 2021, according to research by Euromonitor International.

News in brief

UK cheese exports grow 25% in H1 2017

The UK Food and Drink Federation (FDF) has reported record exports growth in H1 2017, with a 25% increase in cheese exports.

Glanbia Ireland launches five-year loyalty scheme

Glanbia Ireland has announced a milk & feed loyalty scheme (Glanbia Loyalty Scheme), including a five-year fixed milk price element and a dairy feed component.

Top Iranian dairy companies and trends

The Iranian dairy industry is beginning to expand.  This growth domestically is being complemented by the country’s dairy companies now looking to export to countries such as Russia.

IDF monitoring Korean tension

The International Dairy Federation (IDF) has told DairyReporter it is monitoring the situation on the Korean peninsula as the war of words between the US and North Korea intensifies.

Ecolab takes advantage of consumer attention on food quality

Ecolab is planning to expand its food safety business from southern China to the northern part of the country.

Demand for dairy products drops in South Africa

The state of the South African dairy industry was addressed in a presentation by the CEO of the South African Milk Processors’ Organization (SAMPRO) recently.

Global food prices near three-year high driven by record butter prices

Global food prices have risen for the third month in a row, hitting a 31-month high partly led by higher prices for butter and cheese, according to the FAO food...

Flavored milk set to rise in India with ‘innovation’ at its core

Flavored milk is on the rise, accounting for 39% of India’s dairy drink launches during the first half of 2017, says Mintel.

Report looks at dairy issues in Nigeria

Professional services company PwC has published a case study, Transforming Nigeria's Agricultural Value Chain, which looks at the confectionery and dairy sectors.

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