The buzz around the Dairy Pride Act has caused some plant-based brands to drop the use of common dairy terms such as “milk” and “cheese” from their labels, while others have not abided by the dairy industry’s demands claiming consumers understand the...
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.
Dairy Farmers of America (DFA), along with 12 of its member farms, has opened a dairy ingredients facility in Kansas to help support the region’s growing dairy industry while meeting rising demand for US dairy both domestically and globally.
US per capita dairy consumption reached 591 lbs in 2016, up from 566 lbs in 2010, driven by demand for cheese and butter, Dairy Management Inc. (DMI) CEO Tom Gallagher said during the 2017 annual meeting of US dairy organizations.
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.
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.