Danone Leads Dairy Sector in Methane Reduction Efforts
Danone has announced a significant milestone in its environmental sustainability efforts, achieving a 25% reduction in methane emissions from its fresh milk supply chain since 2020. This progress positions the company well on its path to meet its ambitious target of a 30% reduction by 2030, aligning with the Global Methane Pledge. As a founding […]
Danone Aims to Increase Stake in Epigamia to 60%
French food conglomerate Danone is in discussions to double its stake in Indian Greek yogurt and fruit dessert brand Epigamia from 30% to 60%. This move involves acquiring the 30% share currently held by Belgian private equity firm Verlinvest. Both Danone and Verlinvest presently hold approximately 30% each in Epigamia’s parent company, Drums Food International. […]
Danone Reinvests in India, Six Years After Exiting Dairy Market
Indian consumers will soon see more Danone products on shelves as the French food company considers India a priority market and will continue investing in it, chief executive Antoine de Saint-Affrique told Mint in an interview on Friday. He declined to share details of the new products, saying, “Competitors in India are so strong that […]
Overview of annual performance of Global dairy giants
In February, almost all leaders of the global dairy market reported their results for 2023. Some companies will present their results until May 2024. However, today we can already see the picture being formed by major milk processors for themselves and the market. DairyNews Today has compiled key results and forecasts from leading companies for […]
High protein dairy is booming but how healthy is it ?
Danone has become the latest manufacturer to release a range of high-protein dairy products in the UK. But can high-protein yogurts – that typically contain thickeners, starches and sweeteners – really be considered ‘healthy’? From cheese to yogurt, high-protein dairy products are highly sought-after among consumers – whether active consumers looking to build muscle, or […]
Danone offloads US organic dairy assets
French dairy giant Danone has sold its US-based Horizon Organic and Wallaby units to local investment business Platinum Equity for an undisclosed fee. The Alpro and Activia brands owner said the disposal is part of its Renew Danone turnaround strategy, announced in March 2022. The strategy includes the disposal of what CEO Antoine de Saint-Affrique described at the […]
China’s falling birth rate impacting infant milk industry in Ireland
THE impact of the falling birth rate in China on the infant milk formula industry in Ireland was raised in the Dáil. Ireland is one of the leading manufacturers of infant formula. Three of the world’s largest producers, Danone, Abbott, and Wyeth, have manufacturing plants here. Minister of State Neale Richmond, replying to Cork North-West […]
Danone-backed yoghurt maker Epigamia shelves plan to sell
Indian yoghurt maker Epigamia, backed by French dairy giant Danone , has shelved plans to sell its inflation-hit business and is now looking to expand to new markets, its CEO said in an interview. Founded in 2015 and backed also by Belgian investor Verlinvest, Epigamia is a small Indian startup which became popular in urban centres […]
Can Danone reach its climate goals without scaling own farming?
Last month, the French food company Danone — owner of milk and yogurt brands like Activia and Horizon Organics — pledged to cut absolute methane emissions from its milk supply chains by 30 percent by 2030, making it the first major food company with a methane-specific emissions target. Green groups have applauded the new pledge. Methane is a greenhouse […]
Danone Vows to Cut Methane Emissions From Milk by 30%
Danone aims to cut methane emissions from its fresh milk supply chain by almost one-third over the next seven years, becoming the first major food company to set targets in line with a pledge by 150 countries to reduce emissions of the greenhouse gas from cows’ burps. The Activia maker said steps including better management of […]