Dodla , Heritage , Parag : Why is Investec bullish on dairy sector?
The Indian dairy sector, which has experienced several obstacles in the last three years, such as demand disruptions due to the COVID-19 pandemic and milk shortages that led to a sharp increase in prices, is finally moving past the tough stretch and offers an opportunity for investors to tap into the rising discretionary consumption in…
Nestlé adds sugar to infant milk sold in India, other Asian, African countries
The report highlighted that in India, where sales surpassed $250 million in 2022, all Cerelac baby cereals contain added sugar World’s largest consumer goods and manufacturer of baby formula, Nestle, reportedly adds sugar to infant milk sold in India, other Asian, African countries. According to a staggering report from Public Eye, a Swiss investigative organisation, Nestle added…
Zakariyapura — India’s climate-smart model village for biogas production & utilisation
Zakariyapura village in Borsad taluka, Anand district, Gujarat has become a model for other villages across India by embracing small-scale biogas facilities in every household that owns milch cattle. In a typical biogas facility, cow dung undergoes anaerobic (absence of oxygen) digestion by bacteria, with the help of conventional technology, to produce biogas comprising 50-55…
Farm sector can grow over 6% in FY25 on good monsoon
The agriculture and allied sectors may register over 6 per cent growth in 2024-25 going by the predictions of a favourable monsoon and the low base of the previous year, NITI Aayog member Ramesh Chand told businessline. “This year (2024-25) will be highly favourable for agriculture, mainly due to two factors. One, the monsoon rainfall…
IBISA’s Heat Stress Solution technology to offer protection to dairy farmers
Insurtech firm IBISA has announced the launch of its latest innovation – the Heat Stress Solution, which utilises advanced climate metrics and satellite technology to provide protection for dairy farmers. By offering compensation for revenue losses incurred due to heat stress, this unique solution serves as a lifeline for dairy farmers across India. Milk yields…
Impact of wet weather on EU dairy market outlook
As wet weather continues, it is expected to have a negative impact on the dairy market outlook, according to global dairy analyst for Rabobank, Richard Scheper. Due to current field conditions, the country is expected to accumulate lower milk output in 2024, according to Scheper. Scheper spoke to Agriland at the Bord Bia Dairy Markets Seminar today…
Top 10 milk producing countries in the world – 2024
Explore the 2024 rankings of the Top 10 largest milk producing countries. Uncover the leading Global milk production ranking and discover key players in Milk production by country 2024. Get insights into Major milk producing countries and their contributions to the World largest milk producing country. The top 10 largest milk producing countries in the world are India,…
Price of milk on Israel going up 4.48 pc
Israel’s Ministry of Agriculture said that, according to the periodic price calculation, an increase of 4.48 per cent in the price of milk will go into effect on May 1, 2024. The price of eggs will remain unchanged. The results of the periodic price calculation, said the ministry, showed that the prices of dairy products…
Japanese study reveals link between dairy intake and odd-number carbon chain fatty acids
A recent study by Tohoku University researchers has shed light on the association between dairy product consumption and odd-number carbon chain fatty acids (odd-FA) within the Japanese population, a correlation previously confirmed in Europe and Oceania but understudied in Asian countries. Details of their research were published in the journal Metabolomics on March 5, 2024….
Lighthouse Funds invests ₹700 crore in Parsons Nutritionals
Private equity fund Lighthouse Funds has invested ₹700 crore in Parsons Nutritionals—a contract manufacturer specializing in packaged foods, beverages, and personal care products. The round saw participation from co-investors of Lighthouse, including the International Finance Corporation (IFC), a member of the World Bank Group, Evolvence India, HDFC AMC’s Fund of Funds, and various family offices. Parsons…