Global dairy Price index almost unchanged
Global Dairy Trade Event 354 concluded with the GDT Price Index up 0.1% with average global price index touching USD 3590/MT. Key Results remains as follows : AMF index up 1.7%, average price US$7,062/MT (Rs 580/Kgs) Butter index down 1.4%, average price US$6,546/MT (Rs 535/Kgs/MT) BMP index not available, average price not available Ched index down 8.5%, average…
Empowering Artisans: Imperative of GI Tagging for Boosting Indian Dairy Exports
Dairy Development in India Since the inception of Operation Flood in the early 1970s, India has exhibited remarkable growth in milk production and per capita milk availability. Data reveals that milk production triples and per capita availability doubles approximately every 25 years. Following this trend, India is projected to produce over 600 million MT of…
Healthiest milk options for you
Kids drink a glass of milk at dinner for a reason – milk contains nutrients we need to grow and maintain healthy bones. Dairy is just as important in adulthood, but about 90% of Americans aren’t meeting the recommendation of three cups per day, according to the U.S. Department of Agriculture. Not all dairy products are created…
Dairy processors betting on health and wellness for growth
Refrigerated dairy is the largest category at retail in terms of dollar sales, said Paul Ziemnisky, group executive vice president of science, innovation and business development for Dairy Management Inc., Rosemont, Ill., with “real dairy” being 21-times larger than plant-based alternatives and delivering more growth. “But there are many untapped opportunities, especially in the health…
Raw milk is becoming cheaper in Ukraine
Raw milk is becoming cheaper in Ukraine due to the increase in the volume of its production in the spring and the appearance of surpluses on the market. Dairy processing enterprises need less raw milk in the conditions of a slowdown in exports and a reduction in the consumption of dairy products in the domestic market. The further devaluation of the hryvnia and the increase in the supply of dairy products to Europe may contribute…
Ajooni Biotech Limited announce contract agreement with NDDB
Ajooni Biotech Limited is pleased to announce a strategic partnership with the esteemed National Dairy Development Board (NDDB) Dairy Services. Through this partnership with NDDB, Ajooni Biotech Limited anticipates fresh orders to the tune of approximately Rs. 2 crore per month for cattle feed and an additional Rs. 2 crore per month for feed supplements….
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…
Wide range, discerning consumer, boom time for Rs 30,000-cr ice-cream industry
As 11-year-old Kyra Arora enters the newly opened ‘ice-cream studio’ near her home in Panchkula, her eyes light up. On offer is a mouthwatering range of bars, lollipop sundaes, popsicles, ice-cream sandwiches, gelatos and mini bites. The unending variety is no vanity enterprise. It’s an indication of a booming ice-cream market and the exponential…
New norms to rein in defaults in AHIDF dairy scheme
The central government has specified measures to disincentivize defaults in the guidelines for the realigned Animal Husbandry Infrastructure Development Fund (AHIDF) Scheme. Interest subvention, which is up to three per cent, will not be provided for defaulters at any point of time for repayment, official sources told Bizz Buzz, adding that the lender is free…
Aavin records increase in sales of dairy products as mercury soars
With the mercury levels soaring in the city for the past two months, Aavin has clocked an increase in its sales of ice cream and buttermilk this summer. Aavin, the popular brand of the Tamil Nadu Cooperative Milk Producers’ Federation, offers a range of dairy products, including ice cream, cookies, ghee, butter, buttermilk and milk sweets. An official said, “We have registered…