Major dairies are concerned about the health claims of Plant beverages
An old but interesting article On World Vegan Day this year, the Internet was rife with a list of celebrities who have adopted a life free of animal products. The names included actors Aamir Khan and Sonam Kapoor, and cricketer Virat Kohli. Then there are premium magazines that fill in readers about elaborate vegan diet […]
Danone to shed Russian dairy business with 1 bln euro write-off
French food company Danone (DANO.PA) will shed control of its dairy food business in Russia in a deal that could lead to a write-off of up to 1 billion euros ($978 million), it said on Friday. Joining a lengthening list of global companies making costly exits from Russia over the war in Ukraine, Danone will be offloading a business […]
Yili Remains the World’s Most Valuable Dairy Brand :Brand Finance 2022
Brand Finance, the world’s leading brand valuation and strategy consultancy, issued its Food & Drink 2022 report, identifying the most valuable and strongest brands in the food and beverage industries. Yili has been recognized as the World’s Most Valuable Dairy Brand, retaining its leading position in the global dairy industry. A company’s brand is among […]
Who moved Fonterra’s Cheese for the second time in India since 2002?
Britannia industries Ltd proudly announced their joint venture with Global leader Fonterra from New Zealand on March 25th 2002. The main objectives of the JV were sourcing, manufacturing and distribution of milk and milk products in India. The new company had full access to Fonterra’s Research and development strengths . This access was mainly to […]
French food group Danone unveils new targets under strategic plan
French food group Danone pledged to step up investments behind its brands and actively rotate its asset portfolio, as it seeks to boost revenue in a new strategy plan led by new boss Antoine de Saint-Affrique. Saint-Affrique, who took over as chief executive of the world’s largest yogurt maker in September, said in a statement […]
Danone to switch dairy factory to plant-based Alpro as diets shift
France’s Danone, the world’s largest yoghurt maker, plans to switch one of its big French factories to plant-based drinks next year in a bet on fast-growing non-dairy milk alternatives. Danone said in a statement on Wednesday it will invest 43 million euros ($49 million) in 2022 to convert its Villecomtal-sur-Arros dairy plant in southern France into […]
Danone to switch dairy factory to plant-based Alpro as diets shift
France’s Danone, the world’s largest yoghurt maker, plans to switch one of its big French factories to plant-based drinks next year in a bet on fast-growing non-dairy milk alternatives. Danone said in a statement on Wednesday it will invest 43 million euros ($49 million) in 2022 to convert its Villecomtal-sur-Arros dairy plant in southern France into […]
Danone India launch AptaGrow – A health drink for children 0f 3-6 yrs age
Danone India, with its mission to bring health through food to as many people as possible, entered into the health drink category for children with the launch of AptaGrow. The product will address the nutrition requirement of children in the age group of 3-6years and will be available in Tasty Chocolate and Vanilla flavor. AptaGrow […]
Rabobank 2021 Global Dairy Top 20 Report released
On August 25th, 2021, Rabobank of the Netherlands released its annual Global Dairy Top 20 Report. Dairy giant Yili Group once again clinched the fifth spot following the previous year, remaining leader of Asia for the eighth consecutive year as the only Asian dairy company among the Top 5. Strong financial performance despite Covid-19 With the Covid-19 pandemic still raging […]
Rabobank 2021 Global Dairy Top 20 Report released
On August 25th, 2021, Rabobank of the Netherlands released its annual Global Dairy Top 20 Report. Dairy giant Yili Group once again clinched the fifth spot following the previous year, remaining leader of Asia for the eighth consecutive year as the only Asian dairy company among the Top 5. With the Covid-19 pandemic still raging across the world, Yili has […]