Latest News in the food Industry

6 Oct 2016

Drawing on what the company says is its long history of innovation and expertise in the development of dairy cultures, DuPont Nutrition & Health has announced the introduction of two cheese cultures for use in soft-ripened cheese making.

26 Sep 2016

Fonterra has announced a 65% increase in net profit after tax to NZ$834 million for the financial year ended 31 July 2016 – reflecting, it said, a stronger business despite ongoing challenges in global dairy markets.

19 Sep 2016

Fonterra Australia is to make a $AU4.3 million investment to boost cheese and whey capacity at its Wynyard plant in Tasmania, increasing the plant’s cheese making capacity by 8,000 MT per annum.

15 Sep 2016

To further strengthen its probiotics offering, the company said, Chr. Hansen has acquired LGG from Valio for €73 million.

9 Sep 2016

Human and animal nutrition company Milk Specialties Global has acquired the Saputo facility in Monroe, WI, adding to its nine certified manufacturing facilities spread across the Midwest and California.

7 Sep 2016

Müller has written to dairy farmers to confirm that its standard litre milk price will increase by an average of 1 penny per litre from October 1 2016.

6 Sep 2016

New research from Mintel reveals that, while nine in 10 (92%) consumers have purchased frozen treats in the past six months, one quarter (22%) are buying less, and more are focusing on portion control.

6 Sep 2016

Arla Foods Ingredients has developed a suite of protein and calcium-rich snacking solutions for children that it says offer a healthier alternative to chocolate bars and other popular children’s snacks.

5 Sep 2016

FrieslandCampina saw profits plummet by 16.7% over the first half-year 2016 to €160 million compared to the same period in the previous financial year as basic dairy products were produced that had to be sold below cost.

2 Sep 2016

A sparkling milk and fruit drink, a milk and tea drink and an energy drink rich in protein are all part of Arla’s new ambition to triple its business outside standard liquid milk in the global beverage market.

30 Aug 2016

Fonterra has increased its 2016/17 forecast Farmgate Milk Price by 50 cents to $4.75 per kgMS, noting that current global milk prices remain at unrealistically low levels, but have started to improve.

30 Aug 2016

Arla Foods has released its 2016 half-year results announcing strategic branded sales grew 6.1% in the first half of 2016, although decreasing market prices in Europe negatively affected revenue to €4.9 billion, a decrease of 5.3%.