Dairy price recovery in 2017 has positively affected the combined turnover of the top 20 companies, which, in 2017, was up 7.2% on the year in US dollar terms, according to RaboResearch’s latest report, ‘Global Dairy Top 20 – A Shuffling of the Deck Chairs.’
Nestlé dominated the food brand rankings, according to a new report by independent brand valuation and strategy consultancy Brand Finance, however the growth of Chinese dairy company Yili has been impressive.
Know Brainer Foods is aiming to bring further function to the dairy category with its line of ketogenic creamers containing organic grass-fed ghee (clarified butter), non-GMO MCT (medium chain triglycerides) oil, and collagen.
Nestlé’s persistent PR problem about the nutritional value and high sugar content of its Milo drink shows no sign of abating after the firm moved “to avoid confusion” over its star rating in Australia, hot on the heels of similar disputes in Sri Lanka...
Nestlé Canada is investing C$51.5m (US$40m) to expand its London, Ontario, Canada, ice cream factory where it produces Hӓagen-Dazs, Parlour, and Drumstick brands for all of Canada, where Nestlé has a 38% share of the ice cream market.