Latest News in the food Industry

29 Aug 2016

Fonterra Australia says it continues to invest in the future of Australian dairy, with a $6.2 million investment to expand the coolroom at its Cobden Spreads plant, home of its Western Star brand.

29 Aug 2016

The Arla Foods amba on-account price for conventional milk will increase by 1.25 eurocents per kilogramme (1.01pence per kg), from 1 September.

26 Aug 2016

The U.S. Department of Agriculture (USDA) has announced plans to purchase approximately 11 million pounds of cheese, valued at $29 million, from private inventories to assist food banks and pantries across the nation.

26 Aug 2016

The dairy alternatives market is expected to reach $35.06 billion by 2024, according to a new report by Grand View Research, driven by rising consumer awareness of health issues and increasing cases of lactose intolerance.

24 Aug 2016

Arla Foods UK has launched a major new breakfast campaign as part of its £100 million commitment to support healthier eating among consumers.

22 Aug 2016

Nestlé has reported sales of CHF 43.2 billion with 3.5% organic growth and 2.8% real internal growth for 1H16. Trading operating profit margin was 15.3%, up 30 basis points; and underlying earnings per share were up 5.7%.

17 Aug 2016

Arla Foods Ingredients has announced a new range of clean-label, dairy-based solutions for the foodservice sector which it says make it easy for food companies to develop and supply foodservice products that are natural, healthy, convenient and stable.

5 Aug 2016

Fonterra has announced a forecast earnings per share range for the 2017 financial year of 50 to 60 cents. The forecast Farmgate Milk Price has been maintained at NZ$4.25 per kilogram of milk solids (kgMS).

4 Aug 2016

Dairy Crest has announced a 1ppl increase to its milk price from 1 September 2016, meaning that the Davidstow core milk price will be 22.72ppl.

2 Aug 2016

Danone has reported “solid” half year 3.8% sales growth (4.1% for the quarter) and a 13.37% uplift in recurring operating margins together with 13.5% EPS growth.

28 Jul 2016

Products formulated for toddlers with nutrition-rich dairy ingredients represent a major untapped opportunity for food and beverage brands, according to Arla Food Ingredients.

27 Jul 2016

The Rabobank Global Dairy Top 20 2016, the latest annual Rabobank survey of the world’s largest dairy companies, shows that Nestlé remains the largest with a turnover of $25 billion.