Ananda and Mother Dairy are value for money brands in dairy whiteners
There has been a surge in the consumption of dairy whiteners these days. Those who use them in coffee and tea find it dissolves easily and gives their tea a very great whitening ability. We have a good number of dairy whitener brands available in the market which gets sold on different claims. Be it…
Inflation in milk,coffee and commodities makes 2022 a difficult year : Nestle
Nestle India chief Suresh Narayanan on Monday said that 2022 will likely be a “difficult year” as commodity prices are expected to rise and result in the spectre of food inflation for the manufacturers. The leading FMCG player, well known for household brand names like Maggi and Milkybar, is anticipating an escalation in the prices…
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…
Nestle India net profit rises 10.68% to ₹538.5 crore in June quarter
Nestle India on Wednesday posted a 10.68% increase in its net profit to ₹538.5 crore for the quarter ended June 30. The company, which follows the January-December financial year, had reported a net profit of ₹486.60 crore in the year-earlier period. However, on a sequential basis, the company’s profits were down 10.5% from ₹602.2 crore…
Nestle is looking to offer healthier options to consumers in India
Faced with over 60% of its product portfolio falling into the “unhealthy” segment, Swiss food giant Nestle is looking to reduce the sodium content and launch new products that offer healthier options to consumers in India as well as globally. A leaked internal document has prompted the company — which has milk, instant noodles, soups,…
Nestlé launches dairy-free Milo in Asia as dairy alternatives segment grows
Swiss food giant Nestlé is launching plant-based versions of some of its most-loved brands in Asia as consumers include more dairy alternatives in their diet. That now has a new plant-based version of Milo, the world’s leading chocolate malt beverage. This new version replaces the milk in the original recipe with almond and soy, but…
Nestlé launches dairy-free Milo in Asia as dairy alternatives segment grows
Swiss food giant Nestlé is launching plant-based versions of some of its most-loved brands in Asia as consumers include more dairy alternatives in their diet. That now has a new plant-based version of Milo, the world’s leading chocolate malt beverage. This new version replaces the milk in the original recipe with almond and soy, but…
India is considered to be No 1 potential chocolate market of the world
India has long been known for its love affair with sugar. Sweets play a major role in festivals and family celebrations and delicacies such as gulab jamun — fried dough balls soaked in syrup —and barfi —made with condensed milk — are popular gifts. Not only is India the world’s biggest consumer of sugar, it’s…
Nestlé India is looking to expand its footprint in the rural markets
Amid subdued growth in the urban markets, Nestlé India is looking to aggressively expand its footprint in the rural markets, with a target to reach 1,20,000 villages in the next 2-3 years, bolstered by targeted products as well as campaigns, Suresh Narayanan, Chairman and Managing Director, Nestlé India said. Speaking to select mediapersons, Mr. Narayanan…