Australian organic infant formula manufacturer Bubs has announced a massive rise of over 500% in sales, thanks largely to the growth in export sales to China.
Australian firm Nuchev is banking on its signature goat milk formula, Oli6, to develop products for both young children and seniors, spurred by a new study that pointed to the formula's health benefits.
The China dairy market has been growing rapidly across categories in the past two years, with the market buoyed by changing consumer tastes and extensive new product development.
New tariffs placed on $34bn of Chinese imports spawned retaliatory tariffs on US goods of the same value, inciting what could be a potentially destructive US-China trade war.
Yashili has announced deals in China and New Zealand to strengthen supply and service agreements with two of its biggest shareholders, Mengniu and Danone, while also bolstering its relationship with Australia's Burra Foods.
While exports to China may seem to be the big prize for many western dairy companies, the road may be about to get a little tougher as the country is looking to bolster its own dairy production.
Victoria-based manufacturer ViPlus Dairy claims to be the first Australian producer of locally made infant formula to be approved by the China Food and Drug Administration (CFDA).
E-commerce is now the main entry point for dairy imports into China, having achieved a two-thirds share of the entire consumer market for dairy imports in 2016.
One of China’s biggest dairy producers has revealed plans to launch localised products in overseas markets later this year to take advantage of Beijing’s much-vaunted Belt and Road initiative.
Mason Financial Holdings Limited and nutrition company Wattle Health Australia Limited have bought an 80% stake in Australian infant formula and nutritional products manufacturer Blend and Pack Pty Ltd, for A$80m (US$60.8m).
China’s infant milk formula market is poised to boom in the next five years as a result of the new “two-child” policy, and tighter rules issued by regulators, analysts said today.
Thymox has closed a $4.6m Series B financing round led by Cycle Capitol Management and Desjardins Innovatech and will use the funds to accelerate the company’s international expansion.
With more than 100 infant milk powder manufacturers established and thousands of product lines launched in the last 30 years, overcrowding in the segment appears to have hit Chinese businesses hard.
Bosch has relocated its R&D activities to a new facility in Pittsburgh, Pennsylvania, having outgrown its previous location in various buildings across the city.
New Zealand’s a2 Milk Company has signalled its intention to branch out from infant formula into a broader range of dairy-based nutritional products – with the burgeoning China market very much in its sights.
Chaotic sales channels are to blame for Chinese counterfeiting scandals such as the recent case involving 22,600 cans of fake milk powder produced and sold under the brands of US infant formula maker, Abbott, and Chinese infant formula maker, Beingmate.
In the next decade, China will have the safest infant formula available anywhere—just 10 short years after China's melamine scandal (writes Paul O’Brien of Chemlinked).
Tetra Pak and its sister company DeLaval, part of Tetra Laval Group, have signed a five-year agreement with the Dairy Association of China to train 150 Chinese dairy farm managers over the next five years to run large-scale dairy farms.
The abandonment of the one-child policy in China is expected to grow sales of infant formula by 10-15%, with 1.5-2 million more babies likely to be born each year in the country.
China’s tough new “one brand, one formulation” policy for its infant formula market will eliminate over 80% of domestic products currently on sale, according to government calculations.
Friesland Huishan Dairy - FrieslandCampina's newly established Chinese infant formula joint venture - will introduce a new brand in China "in the near future."
Mead Johnson Nutrition plans to boost its US infant formula manufacturing capabilities to supply the e-commerce channels opening up between the US and China.
Some New Zealand infant formula manufacturers and brand-owners could be temporarily blocked from exporting to China if they are unable to meet the requirements of a new register by May 1.
While the world’s five biggest dairy players continue to maintain a firm hold on their positions for another year, Rabobank’s annual survey into the industry’s top 20 giants is notable for the ongoing rise of Chinese players and the slippage of US companies...
High health care costs, a lack of interest in repetitive manual labour and rising worker wages has led to an explosion of automated machinery, according to Intelligrated.
Raisio has just launched its Benecol yogurt drinks line in Hong Kong, its latest push to broaden its reach in the emerging Bric markets. Wing Kee Produce will act as the Finnish company’s local distributor.
Mead Johnson Nutrition is standing by its 2013 full-year forecast, despite recently slashing its infant formula prices in China by up to 15% in the midst of a government anti-trust probe.
Chinese infant formula manufacturer Biostime has made amendments to the contracts it holds with distributors to delete terms that guarantee fixed prices and price floors that may violate Chinese anti-trust laws.
Tetra Pak is under investigation in China over suspected “abuse of market dominance” – making it the latest in a growing line of Western firms to come under scrutiny from competition authorities in the country.
The last time I went to China was last year, to visit an old friend who had moved to Shenzhen by marriage. The Chinese government might tout Shenzhen as a Tier-I city, but if your benchmark is Hong Kong, which is immediately to its south, you would probably...
New Zealand-based food safety solutions provider, AsureQuality, and PricewaterhouseCooper (PwC) have teamed up with Chinese dairy giant, Mengniu, and the COFCO Corporation to develop a dairy-related food safety and farm assurance project.
With the Chinese New Year fast approaching Hong Kong is in the midst of formula frenzy, leading authorities to devise new means to safeguard the supply of baby powder to local parents.
Nestlé's $11.85bn (€9bn) acquisition of Pfizer Nutrition has been given the go-ahead by anti-trust authorities in China – taking the “strategic” takeover a step closer to completion.
A Mengniu Dairy Co. sales manager has been arrested in China under suspicion of altering the production dates on thousands of cases of milk products manufactured by the Chinese dairy giant.
The Chinese year of the dragon is shaping up as a boon for the New Zealand dairy industry in China, the head of a growing NZ-based infant formula company has said.
Fonterra has opened its second farm in China and said it plans to build a further three to service massive consumer demand in nearby Beijing and the country at large.
Rapid growth in the Chinese milk market is good news for carton pack makers as they see their dominance of the sector increase, according to Euromonitor.
