Friday, November 8, 2024

Milk

Nestle raises concerns over surging coffee and cocoa prices, expects milk prices to follow suit

News
Nestle, the largest packaged food company globally, stated that commodity prices are encountering unparalleled challenges in both coffee and cocoa, with prices reaching all-time...

Retail food inflation eases to 8.52% in March 2024 as prices of pulses and oils decline marginally

News
Retail food inflation eased slightly to 8.52% in March 2024 from 8.66% in the previous month, driven by a sequential decline in the prices...

Milk consumption in Germany sees further decline in 2023, cheese exports reach record high

News
Milk consumption in Germany experienced another decline in 2023, as indicated by government data. Preliminary data released by the Bundesinformationszentrums Landwirtschaft (BZL) indicates that the...

UK grocery price inflation falls to 4.5%, lowest since February 2022

News
This month, UK grocery price inflation dropped to its lowest rate since February 2022. However, industry data reveals that almost a quarter of British...

Mother Dairy set to launch 30 new products this summer, anticipating a 25-30% surge in demand; announces INR 750 Crore investment for expansion

News
This summer, Mother Dairy plans to introduce 30 new products, primarily focusing on the ice cream and yogurt categories, anticipating a 25-30% surge in...

Mother Dairy to invest INR 750 Crore in new plants and capacity expansion, eyes market growth amid rising demand

News
Mother Dairy will invest INR 650 crore to set up two new plants for processing of milk as well as fruits and vegetables to...

Heritage Foods unveils state-of-the-art UHT milk plant in Telangana, equipped with latest SIG packaging technology

News
Heritage Foods, a prominent dairy company specializing in milk and milk-based products, has inaugurated its new Ultra High Temperature (UHT) Milk plant equipped with...

Global food prices hit three-year low as cereal costs decline, FAO data reveals

News
Global food commodity prices continued to fall in February, marking the lowest average since February 2021, mainly as a result of lower world cereal...

Uttar Pradesh’s dairy sector set for transformation with INR 9,000 Crore investment

News
In a significant advancement for Uttar Pradesh's dairy sector, projects launched during the groundbreaking ceremony are set to attract investments totaling INR 9,000 crore....

Kellogg’s CEO faces backlash after suggesting Americans eat cereal for dinner amid soaring food prices

News
At a time when Americans are facing the highest food spending in three decades, Kellogg's CEO Gary Pilnick's suggestion to eat cereal for dinner...

Country Delight records INR 650 Cr revenue in H1 FY24, eyes EBITDA breakeven by 2025

News
Delhi NCR-based Country Delight saw revenue of INR 650 Cr in the first half of the ongoing financial year, with the dairy tech startup...

Califia Farms launches plant-based milk matching dairy nutrition levels

News
Califia Farms, a leading dairy alternative brand, has introduced Califia Farms Complete, a plant-based milk that offers similar nutritional value to dairy. Crafted from a...
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