New laboratories will be established in four cooperative milk unions, says Mano Thangaraj
New laboratories will be established in four newly created district cooperative milk unions under the National Programme for Dairy Development (NPDD) to ensure the supply of quality milk products from farmers, announced Milk and Dairy Development Minister Mano Thangaraj, at the Tamil Nadu Assembly on Saturday. The labs would be set up in Cuddalore, Tiruvannamalai,…
Dairy dominoes: How China’s increased dairy self-sufficiency is reshaping global trade
China’s growing self-sufficiency in dairy production is having a profound influence on global dairy trade. As China produces more dairy products domestically, New Zealand must seek alternative markets for its whole milk powder exports, leading to greater global dairy export competition and below-average milk powder prices. China’s increased dairy production ripples around the globe China’s…
How the Plant-Based Products Market Is Winning Investors’ Favor
The plant-based ingredients sector is undergoing a transformative evolution, driven by a significant shift in consumer preferences and innovative advancements within the industry. Historically overlooked by investors who perceived it as a mere commodity sector, the burgeoning plant-based ingredients market is now being recognized for its immense potential for value-added expansion and wealth generation. According…
EnNutrica IPO begins bidding today: Check GMP, price band, lot size
The milk products manufacturer EnNutrica’s initial public offering (IPO) opens for subscription today, June 20, 2024. The primary issue aims to raise Rs 34.83 crores comprising entirely a fresh issue of 6.45 million shares. EnNutrica secured Rs 9.90 crore from anchor investors on June 19. The anchor investor list includes Next Orbit Ventures Fund, Nova…
Retail inflation easing, food prices remain a concern: RBI
Retail inflation is gradually easing but the path has been interrupted by volatile and elevated food inflation, which may cause it to reverse after a temporary fall below the target during the second quarter of 2024-25, a RBI bulletin said on Wednesday. The central bank has consistently cautioned about the volatile food prices, particularly of vegetables and some cereals, which…
Longer calving interval resulted in heifers with greater body weight and lower milk
In a pioneering research study, scientists have established relationship between calving interval and its impact on the offspring’s health, milk production in their first 100 days of first lactation and other important factors. Extending the time before inseminating dairy cows voluntarily could reduce how often they give birth, aiming to choose better times for insemination…
Amul’s entry won’t impact Aavin-Mano Thangaraj
Amul’s entry into the city and northern Tamil Nadu will not impact Aavin’s sales, said Mano Thangaraj, TN dairy development minister. He said Aavin is open to market expansion just as Amul is entering new areas. At a press conference on Wednesday, Thangaraj said that while Amul is expanding its presence in the United States, Aavin has the potential to expand…
Spain’s Idilia Foods buys 50% of dairy drinks maker Cacaolat
Spain-based Idilia Foods has struck a deal to acquire 50% of local dairy-drinks business Cacaolat from beer giant Damm. The deal, agreed for an undisclosed sum, will see Idilia and Damm “jointly manage” Cacaolat, which markets drinks under its namesake brand, as well as Letona milk and Laccao chocolate milk. The transaction remains subject to…
Innovation and Inflation: Dual Forces Shaping the Plant-Based Milk Market
Milk alternatives continue to hold the largest share of all plant-based categories—15% across the total market and 41% in the natural channel—as ongoing innovations intrigue a broader group of consumers. Despite this growth, inflation remains a challenge for plant-based milk producers. Some varieties are also being discontinued or facing pushback from dissatisfied consumers. From supermarkets…
FrieslandCampina dairy farmers receive over 245 million euros as sustainability premiums
FrieslandCampina member dairy farmers have taken significant steps in 2023 to make their dairy farms even more sustainable. The dairy farmers, who own dairy company FrieslandCampina through the cooperative, receive premiums of more than 245 million euros in total for their sustainability achievements. Of that amount, around 190 million euros is paid through the…