Emerging Markets

Cheese was included on China's list of tariff-reduced imports because of 'three years of bridge-building efforts led by USDEC,' the US dairy organization said. Pic:©GettyImages/pabloborca

China lowers tariff rate on cheese imports

By Mary Ellen Shoup

China has lowered its tariff rate on cheese from 12% to 8% as demand for dairy soars in the country, boosting US export competitiveness in the market.

FDstore Group includes six divisions, from packaging and equipment to an academy dedicated to helping dairy companies of all sizes.

Developing small-scale dairies in Italy

By Jim Cornall

Expocasearia was held in Italy last month in Cremona, and one company present put the spotlight firmly on the growing importance – and number – of small scale dairies.

'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.