News & Analysis on the Dairy Industry & Markets
Dairy giant Fonterra has reacted angrily to New Zealand (NZ) government proposals that its member farmers provide more milk to competitors, insisting the move will ‘line foreign pockets’ and ‘handcuff’ the firm.
The Spanish manufacturer of a plant sterol drink has been told to amend cholesterol-lowering claims for being too ambiguous in dosage and making unsubstantiated disease reduction claims.
Pepsico says that the dairy sector is a ‘key component’ in its global growth strategy, and has the potential to post growth more than double that of bakery and chilled processed foods combined.
The overall global market for organic food and drink is in good shape but dairy sales in the sector fell during the recession, due to high 2008 milk prices in particular, according to Euromonitor International.