Dairy Market Report Outlook
The current extended period of milk-production growth has so far been the weakest of all such periods since 1996, but prices continues to decrease even as inflation ebbs and consumer demand for dairy products recovers. Production of most major categories of dairy products mirrored that modest growth of milk production. Growth in total domestic consumption […]
DAIRY NEWS Include Dairy Foods Daily in the Diet to Improve Health
Healthy dairy foods like milk, curds, yoghurt, buttermilk are being consumed since long almost throughout the world. Today, India’s dairy industry consists of a wide- range of both regional and international products including fermentable and non-fermentable products. Curd and yoghurt are considered valuable segments of the industry. References to yoghurt and health date back to […]
Amul Is Eyeing Every Item In Your Kitchen
With consistent growth in its group turnover over the years through its dairy and value-added dairy products, Amul now seeks to go all out in India’s booming FMCG space as it believes it is the right inflexion point to tap into other non-dairy food categories. Above Amul’s big diversification bet is the success of the […]
Redefining Dairy and Alternatives Through Innovation
The dairy products and alternatives industry, excluding baby food, was valued at USD568 billion in 2022, growth of 8% in current terms despite a 0.6% decrease in volume. This dynamic was primarily caused by price hikes, the main factor driving the industry’s value growth. Innovation is crucial to reverse the volume decline and to build […]
Consumer prices set to rise: Milk, etc to cost 3-10% more
Prices of several consumer goods including packaged food and dairy products, liquor, refrigerators, air-conditioners, imported apparel and personal care products are set to increase up to 10% with companies passing on certain input price increases and the impact of rupee depreciation. Top executives of companies, however, said the proposed price hikes of 3-10% over the […]
Dairy products in moderate amounts may protect against type 2 diabetes
New research being presented at the annual meeting of the European Association for the Study of Diabetes in Stockholm, Sweden (19-23 Sept) shows that dairy products, especially low-fat ones and yogurt, are associated with a lower risk of developing type 2 diabetes (T2D). Red and processed meat were linked to a higher risk of T2D […]
Firms not passing on ITC in prepacked Dairy may face profiteering charges
Companies not passing on the benefit of Input Tax Credit (ITC) on pre-packaged dairy and agro items may face profiteering charges. Experts say prices of such products need not go up by a flat 5 per cent because of ITC. One of the responses in an FAQ (Frequently Asked Questions) issued by the Central Board […]
Direct-to Consumers: A Winning Growth Formula for the Dairy Industry!
Dairy is a ubiquitous part of food sector, ever present in both food service and packaged goods, whether as an end product (such as milk or yogurt) or as a critical input for iconic products such as cheese. Given its intrinsic presence, dairy is a microcosm of the food industry, with the preferences of dairy consumers […]
DAIRY NEWS No offer from India to Australia on lowering duties on dairy products
India has not made any offer to Australia on lowering duties on agriculture and dairy products as part of the proposed Free Trade Agreements ( FTA), said officials. ” Negotiations have focussed entirely on mutually beneficial items of trade. ET on Jan 5 reported as folows on this subject. Australia has offered to give tariff […]
Ditch dairy to save male calves: PETA India urges people to go vegan
The People for the Ethical Treatment of Animals (PETA) India has urged people across India to shun dairy products as a part of their new campaign to inform about the cruelty inflicted on male calves in the dairy industry. PETA has come up with a message, “Male calves are discarded like trash because they can’t […]