Fonterra Co-operative Group Limited has announced its 2019 interim results, which show the coop has returned a Net Profit After Tax (NPAT) of NZ$80m (US$55m), but normalised Earnings Before Interest and Tax (EBIT) are down 29% on the same period last year to NZ$323m (US$221m).
65% of Americans look for functional benefits in food and drink and want immediate results
from BeverageDaily.com
Blackmores leadership update: Marcus Blackmore to take over as interim CEO
from NutraIngredients-Asia.com
Inside the lab: Tate & Lyle reveals on-trend prototypes
from FoodNavigator.com
From aged care to mainstream: Flavour Creations’ no-melt ice cream looks to shake up the market
from FoodNavigator-Asia.com
From pantry basics to premium products: Grupo Lala on creating dairy products for all Mexicans
Manufacturers
Sidel celebrates on-going success in China with 10th anniversary
Markets
Sri Lanka is full of potential, despite the government’s efforts to promote dairy
Manufacturers
Healthy Ageing APAC Summit: Snap up early bird tickets by March 29
Markets
‘Clear bias’: Punjab milk sellers protest government disposal of fresh milk ‘without substantial argument’
Fresh Milk
Japan gets dairy exports green light for EU
Fresh Milk
Senators reintroduce Dairy Pride Act
Nutritionals
Low rate of breastfeeding in China attributed to heavy marketing of infant formula
Nutritionals
German brand accuses Chobani of package imitation: “We’re going to have a problem”
Greek Yogurt Revolution
Nestlé Argentina inaugurates new $12m liquid milk production line
Emerging Markets
Yili set to buy NZ’s Westland for $404m
Consolidation
Kefir may support heart health: Brazil study
Functional Dairy
