Sanchi brand ‘decline’ after NDDB merger: Jitu Patwari
Madhya Pradesh Congress chief Jitu Patwari has expressed concerns to Amit Shah regarding the decline of the ‘Sanchi’ dairy brand after its merger with NDDB. Patwari alleges the merger hasn’t benefited consumers or farmers, with milk collection and sales decreasing. He urged Union Home and Cooperative Minister Amit Shah to take action to revitalize the […]
Rise of Plant-Based Alternatives : Declining Milk Consumption
Milk, being an important constituent of our diet since birth, has now seen a diminishing demand in recent years. Although being a beverage power packed with essential nutrients that are important for development and maintaining health, milk has seen a decline in consumption worldwide. Causes of Milk Decline Milk sales, especially in the US, have […]
Sharp decline in the inflation rate based on CPI in July 2024
There is sharp decline in the Year-on-year inflation rate based on All India Consumer Price Index (CPI) number for the month of July, 2024, which is the lowest in the last 59 months. Year-on-year inflation rate based on All India Consumer Price Index (CPI) number is 3.54% (Provisional) for the month of July, 2024. Corresponding […]
GDT price index records first decline since March 2024
The Global Dairy Trade (GDT) price index has recorded its first decline since March 2024, falling by 0.5% at the latest trading event held today (Tuesday, June 18). The price index now stands at 1,157, having decreased from 1,162 recorded at the previous GDT trading event on June 4. The drop comes after five consecutive increases. […]
IDFA Survey: consumers fall short of daily intake recommendations
Many Americans recognize dairy as a cornerstone of a healthy diet but continue to fall short of recommended daily intake as endorsed by the Dietary Guidelines for Americans, according to an in-depth consumer survey released by the International Food Information Council (IFIC) and supported by the International Dairy Foods Association (IDFA) and the National Milk Producers Federation (NMPF). The survey […]
Milk production fell in the EU in 2022 – FAO
The continued decline in cow numbers combined with high temperatures last year resulted in a fractional fall in milk production in the EU during 2022, according to latest analysis. The latest Dairy Market Review published by the Food And Agriculture Organisation of the United Nations (FAO) highlights that a lack of rain and inflationary pressures […]
Mother Dairy reported a 46% decline in fiscal 2022 net profit
Mother Dairy Fruit And Vegetable Private Limited which manufactures dairy products and edible oils reported a 46% decline in fiscal 2022 net profit to ₹100 crore, according to financial data accessed by business intelligence platform, Tofler. The company had reported a profit of ₹185 crore in the previous fiscal. Meanwhile, for the financial year ended 31 March […]