Latest News in the food Industry

Dairy

Kerry sees 12% rise in profits

Kerry sees 12% rise in profits

19 Feb 2020

Kerry Group has reported its business performance for the year ended 31 December 2019. Group revenue was €7.2 billion, reflecting 9.6% reported growth.

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Superfine Tricalcium Citrate 4-hydrate for Super Fine Results in Milk

Superfine Tricalcium Citrate 4-hydrate for Super Fine Results in Milk

14 Feb 2020

With the newly developed Tricalcium Citrate 4-hydrate superfine, Dr. Paul Lohmann® found the answer to a high demand on a Calcium Citrate with a sharply reduced speed of sedimentation in dairy products.

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Arla: whey permeate is all about quality

Arla: whey permeate is all about quality

5 Feb 2020

Quality is becoming increasingly important in the rapidly growing whey permeate market, according to Arla Foods Ingredients.

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F&B M&A activity up 41% on 5 years ago

F&B M&A activity up 41% on 5 years ago

21 Jan 2020

2019 broke records again for the number of food and drink transactions around the world, with 789 registered on Zenith Global's mergers and acquisitions database, an average of 15 each week.

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EWPA launches consumer web site

EWPA launches consumer web site

13 Jan 2020

The EWPA (European Whey Processors Association) has launched wheyforliving.com, its first B2C digital communication platform promoting the various benefits of whey protein.

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Borden files for bankruptcy

Borden files for bankruptcy

9 Jan 2020

US dairy company Borden has announced that it has initiated voluntary reorganisation proceedings under Chapter 11 of the Bankruptcy Code.

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Fonterra takes 99.9% of Chile milk processor

Fonterra takes 99.9% of Chile milk processor

8 Jan 2020

Fonterra has purchased the minority interest in Prolesur, held by Fundación Isabel Aninat (the Fundación), as the Co-op looks to streamline its operations in Chile.

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LegenDairy Foods gets $4 million funding

LegenDairy Foods gets $4 million funding

7 Jan 2020

Agronomics has co-led a €4 million seed fundraising round of German company LegenDairy Foods alongside M Ventures, the corporate venture capital arm of science and technology company Merck.

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Dairy alternatives 'a key battlefront' - Innova

Dairy alternatives 'a key battlefront' - Innova

24 Dec 2019

‘The Plant Based Revolution’ is number two of the Top 10 Trends highlighted by Innova Market Insights for 2020 and the dairy alternatives category represents a key battlefront in this consumer-driven revolt, the company says.

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DFA realigns ingredients offering

DFA realigns ingredients offering

19 Dec 2019

Dairy Farmers of America (DFA) has realigned its Ingredients division, including dairy powders, dairy food ingredients, DairiConcepts and Berkshire Dairy, to form DFA Ingredient Solutions.

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Maxum Foods reports on dairy market

Maxum Foods reports on dairy market

6 Dec 2019

According to the Maxum Foods Global Dairy Commodity Update for December, the fundamentals underpinning the global market outlook remain positive but may weaken with improving expansion in milk supply and a slowing in trade in milk powders.

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Arla announces Nutrilac YO-4575 for booming Skyr market

Arla announces Nutrilac YO-4575 for booming Skyr market

5 Dec 2019

When looking at the total yoghurt market, Arla Foods Ingredients claims that Skyr as a product is taking an increasing piece of the total market share.

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