65-ml Frooti packs, 85-ml packs of flavoured milk-Shrinkflation is back
As input prices, which were benign for a few quarters, turn inflationary, the spectre of shrinking packs looms large within the fast-moving consumer goods (FMCG) segment. This summer has seen the trend make its way back, albeit slowly, and in select categories. Companies have been cautious when reducing pack sizes, describing the move as a…
FTAs and farm exports: A mixed bag
Negotiating trade deals and concluding them with developed nations is challenging due to numerous complex clauses, conditions, and terms that need to be met and agreed upon. The government’s efforts in finalising these agreements are commendable. It has been over five years since the agri export policy was introduced with the aim to diversify our…
Prebiotics, Probiotics and Postbiotics to grow in dairy
The need for prebiotics — as well as probiotics and postbiotics — continues to grow in the dairy marketplace. Arizton’s latest research report shows that the global prebiotics market will grow at a compound annual growth rate (CAGR) of 11.37% from 2023 to 2029. “The growing awareness of the health benefits of prebiotics, such as…
Belarus exports dairy products to 59 countries in 2023
In 2023 Belarus shipped dairy products to 59 countries, Head of the Processing Industry Directorate of the Agriculture and Food Ministry Vadim Pobedinsky told the press conference that discussed the Belarusian dairy industry prospects in 2024,” BelTA has learned. “Belarus exported dairy products to 59 countries worldwide in 2023. I will give a few figures…
Agri exports rebound on meat and F&V shipments
India’s exports of agricultural and processed food products, after slowing down in the first three quarters of the current fiscal due to restriction on rice exports, have recovered, aided by a sharp spike in shipments of meat and daily products, and fruits & vegetables. Exports of these items under the Agricultural and Processed Food Products…
UK deal negotiators surprise Indian counterparts by including Dairy
British negotiators have renewed demands for Indian to provide tariff concessions on alcohol, automobiles, and dairy products. Meanwhile, India has stuck to its demand for greater mobility for its professionals in the UK. Days after India sealed a trade pact with four European nations, the long-winded discussions for a free trade agreement with the United…
EFTA countries focus on green tech in trade deal with India; dairy, agri out of ambit
With a historic trade deal signed between India the European Free Trade Association (EFTA), all member countries are looking to deepen trade links and benefits for respective citizens and companies. India is expected to get $100 billion in investment from the EFTA countries in the next 15 years under the Trade and Economic Partnership Agreement…
Global dairy industry holds the key to producing sustainable food
NAIROBI, Kenya – Delegates attending the United Nations Environment Assembly in Nairobi, heard how the global dairy industry holds the key to producing sustainable food. The discussion was part of a side event regarding “Sustainable Dairy Ecosystems” delivered during the assembly, which was organized by the International Dairy Federation in collaboration with key partners. The…
Global dairy quarterly Q1 2024: Finding a new equilibrium
Slow but steady dairy commodity price gains will materialize this year. Coupled with lower expected feed costs, an improved margin outlook will eventually drive milk production growth in the Big 7 by 2H 2024. It will likely not be a record price year by any measure, but farmers around the globe will welcome the return…
Vegan products not always safe for people with dairy allergy
People with dairy and fish allergies are being advised not to buy vegan products without checking the label carefully as they may contain animal products due to cross-contamination. The Food Standards Agency (FSA) has launched a campaign to make consumers aware of the dangers after research released by the regulatory body showed 62% of people…