Danone to switch dairy factory to plant-based Alpro as diets shift
France’s Danone, the world’s largest yoghurt maker, plans to switch one of its big French factories to plant-based drinks next year in a bet on fast-growing non-dairy milk alternatives. Danone said in a statement on Wednesday it will invest 43 million euros ($49 million) in 2022 to convert its Villecomtal-sur-Arros dairy plant in southern France into…
Danone India launch AptaGrow – A health drink for children 0f 3-6 yrs age
Danone India, with its mission to bring health through food to as many people as possible, entered into the health drink category for children with the launch of AptaGrow. The product will address the nutrition requirement of children in the age group of 3-6years and will be available in Tasty Chocolate and Vanilla flavor. AptaGrow…
Rabobank 2021 Global Dairy Top 20 Report released
On August 25th, 2021, Rabobank of the Netherlands released its annual Global Dairy Top 20 Report. Dairy giant Yili Group once again clinched the fifth spot following the previous year, remaining leader of Asia for the eighth consecutive year as the only Asian dairy company among the Top 5. Strong financial performance despite Covid-19 With the Covid-19 pandemic still raging…
Rabobank 2021 Global Dairy Top 20 Report released
On August 25th, 2021, Rabobank of the Netherlands released its annual Global Dairy Top 20 Report. Dairy giant Yili Group once again clinched the fifth spot following the previous year, remaining leader of Asia for the eighth consecutive year as the only Asian dairy company among the Top 5. With the Covid-19 pandemic still raging across the world, Yili has…
BRAND FINANCE FOOD & DRINK 2021 Report on Food brands
Coca-Cola and Nestlé Continue to Dominate Food & Drink Sector Impact of COVID-19 felt across food & drink sector – soft drinks most severely impacted, cumulative brand value down 6% Coca-Cola retains title of world’s most valuable and strongest soft drink brand, brand value US$33.2 billion and elite AAA+ brand strength rating Dr Pepper and Red Bull post strong…