Breast milk is undoubtedly the best option for infants, but there are times when a mother’s milk is not available. In such cases, infant formula takes the lead and offers a nutrient-packed alternative. By Dr Satya S Jonnalagadda, director of Nutrition, Kerry.
The global dairy ingredients market size is expected to reach US$86.97 billion by 2024, according to a report by Grand View Research Incorporated.
With the Catalan government’s urgent call to help save the cacaolat, two companies have stepped up to revive the brand and much more through technological transformation. By Martin Popp, Krones
The report, published by the China Association for Quality (CAQ), revealed that the satisfaction of Chinese consumers is decreasing, compared to 2015 and demands for the quality of milk are changing. Suppliers have to be prepared for the changing needs of their Chinese customers.
United States, China, and India are the top three markets globally, while China, India and Russia are projected to have the highest growth rates, according to research by Canadean.
Sydney-based company Made by Cow has obtained the approval of the New South Wales Food Authority to sell a bottled ‘cold-pressed raw milk’ that uses cold pressure as an alternative to the conventional heat pasteurisation.
Dairy giant Fonterra has forecast a 63 percent jump in its payout for organic milk for the 2016/17 season. The company's opening market-linked organic milk price for next season is forecast at US$9.20 per kg of milk solids, a big step up from this season’s US$5.65 per kg of milk solids.
Fonterra's expanded Cobden plant has created around 50 new jobs and will supply fresh milk to Australian retailer Woolworths for the next 10 years.
In addition, the Chinese company has also signed a scientific cooperation with the Lincoln University to develop strategies for the dairy industry.
Despite a decline in milk consumption in the US and Europe, the dairy market is buoyant, fuelled by population growth, rising prosperity and urbanisation in Africa, Asia and Latin America. Dairy manufacturers will have to get into a juggling act to find balance in the global market. By Tetra Pak