The agreement forms part of Danone’s growth strategy and comes a year after the company first indicated it was willing to sell its US premium organic dairy business.
A new agreement will see Nestlé fund an additional payment to farmers who achieve one of the three levels of Fonterra’s The Co-operative Difference framework during the 2023/24 season.
Greek yogurt behemoth Chobani is taking another shot at the coffee category as part of broader, yet hit-and-miss strategy to diversify beyond yogurt, with the acquisition of La Colombe for $900m, announced Friday.
Dairy farmers supplying Dutch dairy co-operative FrieslandCampina won’t receive supplementary cash payments for 2023 due to ‘disappointing’ financial results, the business reported.
Fonterra Co-operative Group Ltd today increased its forecast farmgate milk price and earnings guidance for FY24 after demand from key markets rebounded.
We’ve heard it all before – plant-based cheese doesn't quite live up to the high functional and taste standards set by traditional dairy. This is why Kraft Heinz Not Company has turned to AI to concoct a vegan version of one of America’s favorite...
Seven years after first investing in Michel et Augustin, Danone is in ‘exclusive’ negotiations with potential buyer Ferrero-related company CTH Invest.
At COP28, six global food majors have committed to publicly disclosing their dairy-related methane emissions and drawing up detailed plans of action, but the firms won’t be tied to a specific methane reduction target.
Experts from the New Zealand food and beverage industry and academia have expressed mixed reactions to Fonterra’s recently-announced Climate Roadmap, simultaneously urging for farmer-level collaboration to be prioritised over novel tech.
Middle Eastern giant Baladna is refocusing investments into projects targeting food security in more overseas markets as well as its new cheese production operation, marking a strategic shift despite positive financial results for FY2023 to date.
Nestle has launched in China its first growing up formula containing human milk oligosaccharides (HMOs), namely 2'-fucosyllactose (2'FL) and lacto-N-(neo)tetraose (LNnT).
As part of Mars Inc.’s strategy to reduce greenhouse gas emissions, the confectionery major is optimising product recipes to include more environmentally friendly ingredients.
After 10 years of investing in New Zealand dairy through a third-party processor, Olam Food Ingredients (ofi) has now set up its own dairy ingredients supply and manufacturing operations in the APAC country’s dairy heartland.
DairyReporter speaks to Harri Kallioinen, senior vice-president of the R&D arm of Finnish dairy group Valio, on the company's new dry blend-optimized solution and what market opportunities exist beyond the realms of infant nutrition.
The New Zealand dairy co-operative has set its on-farm emissions target following lengthy discussions with farmers. Its approach mirrors that of other dairy giants, but is it optimal for tackling climate change?
“When we started doing this, regenerative wasn’t even a word yet,” Tim Joseph told DairyReporter as he discussed the 135-farm dairy’s difficult early years, reaping the rewards of regenerative farming practices, and taking the US consumer along for the...
Environmental and consumer rights organisations are taking legal action against Nestlé, Danone, and The Coca-Cola Company, over recyclable claims made about their plastic bottles. They have raised an external alert to both the European Commission and...
China dairy giant Yili has secured ‘record high’ financial results in the first nine months of its financial year driven by liquid milk and ice cream category growth.
The Ornua-owned brand says taste and convenience remain top-of-the-mind for consumers as it lauds the ‘strong performance’ of its new flavored offerings and reveals that large-format butter sticks are coming soon.
Dairy volumes and pricing across Dairy Ireland slid more than 6% in the year to date (YTD) on the back of challenging market dynamics and changes in dairy market prices.
FrieslandCampina Ingredients, the diary company focused on nutrition solutions, has announced a significant expansion of its production capacity for whey protein isolate and milk fat globule membrane (MFGM).
The ingredients specialist hails ‘milestone moment’ that will strengthen its regional presence and allow it to further focus on high-growth categories such as RTD beverages, premixes and blending lines.
The Mylkcubator programme has largely focused on next-gen dairy innovation to date. But for the incubator’s third edition, dairy-major Pascual wants to expand its focus to alt coffee, cocoa, salt, sugar and more.
The New Zealand co-op forecasted improved margins across consumer and foodservice channels for FY24 and said there were indications that demand for milk powders will begin to return from early 2024.
From higher supply chain traceability to building strong consumer-brand relationships, there's more to single-origin dairy than meets the eye. We catch up with Parag Milk Foods’ Akshali Shah on the challenges and opportunities for the company’s single-origin...
This round-up looks at the latest financial performance of nutrition and nutraceutical firms, including Swisse’s parent company H&H Group, Kirin, Centrum’s owner Haleon, a2 milk and more.
We catch up with Kerry Dairy Ireland CEO on the progress made since the program - designed to financially-reward farmers for taking up sustainable on-farm actions - was first launched.
For dairy major Danone, regenerative agriculture isn’t just about the land; it’s also about animal welfare, GHG emissions reduction, and the livelihoods of its farmers.
CPG brands innovating with botanicals and adaptogens to meet consumer demand for functional foods and beverages to improve their moods, alertness, and other areas of their lives, must overcome formulation challenges, two DSM-Firmenich representatives...
John Jordan, the chief executive of dairy co-operative Ornua, is set to step down after agreeing to take up a COO role at a US-based private equity firm.
From keto-friendly cheese dips to clarified milk punch, eight start-ups making innovative dairy products will vie for $30,000 of funding to grow their business and a chance to unlock the grand prize of $100,000.
New Zealand’s Alps 2 Ocean Foods is launching a protein-rich and nutrient-fortified beef bar made from male calves that are otherwise killed shortly after birth or made into lower-value ground beef – a move that the firm believes is more sustainable for...
Australian infant formula maker Bubs’ nearly two-month long boardroom saga has come to a conclusion, with most shareholders voting against founder Kristy Carr’s attempt to remove the current board.
Arla Foods Ingredients has partnered with experts at the health and nutrition firm Health and Happiness Group (H&H) and researchers at APC Microbiome Ireland to collaborate on a project focused on diet for early-life cognitive development.
While significant disruption has already been achieved, Oatly says it’s ‘only the start’. We catch up with UK general manager Bryan Carroll to ask how the plant-based major is expanding the alt dairy aisle to entice new consumers.
The US dairy co-operative is looking to create better value for farmers through capitalizing on growth opportunities in the global dairy markets as part of ‘multi-year transformation aimed at modernizing and globalizing’ the organization.
Emmi's premium dessert brand Rachelli wants to 'own' the dine-in occasion as it makes its first foray into the UK market with two chilled desserts designed to tap into the demand for ‘authentic’ Italian food.
