Emerging Markets

'Soy remains a highly accepted food and ingredient globally, especially when it comes to protein,' ADM president of proteins says. ©GettyImages/HandmadePictures

The Rise of Non-Dairy Alternatives

Soy holds strong in fevered plant-based protein market

By Mary Ellen Shoup

While the plant-based protein market becoming more crowded with new sources, long-standing player soy has managed to stay relevant to consumers, according to Archer Daniels Midland (ADM).

Egyptian dairy company Beyti is a JV of Almarai and PepsiCo.

Egypt’s Beyti gets $44m EBRD loan

By Jim Cornall

The European Bank for Reconstruction and Development (EBRD) has announced a long-term loan of up to $44m to International Company for Agricultural Industries Projects (Beyti) JSC, an Egyptian company active in dairy and fruit juice processing.

© iStock

Yoghurt soars as China develops new dairy foothold

By RJ Whitehead

Cheaper production costs and higher quality products have led foreign companies to dominate most Chinese dairy markets, but high margins and booming demand have put local firms in pole position in the yoghurt market.

With the acquisition of Vigor, Grupo Lala will gain some leading Brazilian yogurt and cheese brands.

Grupo Lala completes Vigor Alimentos acquisition

By Mary Ellen Shoup

Grupo Lala has completed the acquisition of a 99.9% share of Brazilian dairy company Vigor Alimentos, S.A. in a deal worth $1.3bn, aligning with the company’s strategy of expanding its value-added dairy business in South America.

Emmi says its fondue will benefit from the deal.

News in Brief

Emmi takes control of Mexideli

By Jim Cornall

Swiss dairy company Emmi is increasing its stake in Mexideli 2000 Holding SA de CV from 50% to 51%, meaning it now holds a majority stake in the company.

US cheese exports are on the rise - and offering a variety of cheese to emerging markets will help increase shipments even more, USDEC director says. ©GettyImages/Magone

Cheese lifts US dairy exports driven by emerging markets

By Mary Ellen Shoup

US cheese exports have risen 30% over the last six months compared to the same period last year, with cheese shipments to Mexico, Australia, Japan, and the Middle East/North Africa increasing by double- to triple-digits in volume sales, according to USDEC.

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