India has emerged as a global powerhouse in the dairy industry, boasting a remarkable journey from a milk-deficient nation to the world’s largest producer of milk and milk products. The dairy sector has played a pivotal role in the country’s agricultural and rural economy, providing livelihood opportunities to millions of farmers and contributing significantly to …
Taste of India Amul brand has stepped down by two spots in the latest Rabobank Top 20 Global dairy list for 2024 Revenue Overview: Modest Gains Amid Lower Prices RaboResearch’s Global Dairy Top 20 report for 2023 highlights a modest 0.3% increase in combined turnover for the top global dairy companies in US dollar terms, following an 8.1% …
Global Dairy Top 20: Slower Growth and Strategic Shifts Read More »
A New Zealand dairy company has been fined 420,000 New Zealand dollars ($261,452) for using imported Indian butter in products labelled as locally produced. New Zealand’s Commerce Commission said on Monday that Milkio Foods Limited misled customers about the origin of the butter used in its “100 percent pure New Zealand” ghee products. Milkio, based in Hamilton, …
New Zealand Dairy Firm Fined for Using Indian Butter Read More »
In the land known for abundance of milk, 13.6 per cent samples of loose milk and 21.4 per cent samples of desi ghee collected by the Punjab Food and Drugs Administration did not conform to the food safety standards in 2023-24. Data available with The Tribune shows that while none of the samples of packed milk …
One in seven samples of loose milk failed in Punjab Read More »
Mangaluru-based Hangyo Ice Creams has secured Rs 211 crore in funding from private equity firm Faering Capital. This new investment will be utilized to enhance production capabilities, speed up the development of new products, and strengthen the company’s market presence, particularly in southern India. This investment comes at a time when the ice cream sector is witnessing …
Hangyo Ice Creams Secures Rs 211 Crore from Faering Capital Read More »
Four years after becoming fully automatic and increasing its daily milk processing capacity to 2.5 lakh litres per day, which can be increased to 5 lakh litres, a new feature in the form of an automatic machine to prepare curd and lassi at a cost of Rs 123 crore would be set up at Verka …
Automatic Plant for curd and lassi worth Rs 123 cr at Verka Read More »
The Karnataka Co-Operative Milk Producer’s Federation Limited (KMF) is planning to sell Nandini milk beginning with 2.5 lakh litres per day in the national capital from October onwards. As the KMF is working on entering the national capital market, its officials held meetings with milk dealers here. At present, a total of 1 lakh crore …
KMF plans to sell 2.5 lakh litres of milk per day in Delhi Read More »
FSSAI ने आदेश में कहा कि जांच में पाया गया है कि कंपनियां अपनी मार्किंग को दूध के प्रोटीन स्ट्रक्चर (Beta-Casein) से लिंक कर रही हैं. इसलिए मिल्क फैट प्रोडक्ट्स में A1/A2 का उपयोग भ्रम पैदा करता है.’ FSSAI ने ई-कॉमर्स कंपनियों समेत सभी फूड बिजनेस ऑपरेटर्स को दूध और इससे बने उत्पादों पर ‘A1’ …
In a significant development for the global dairy market, prices at today’s Global Dairy Trade (GDT) auction showed a notable increase, marking a positive shift after an extended period of decline. This rise in prices is seen as a relief for dairy producers worldwide who have been grappling with low returns amidst fluctuating demand and oversupply issues. …
Amul & Hershey’s lead with AAA+ brand strength rating After placing second last year, Amul (brand value up 11% to USD3.3 billion) has risen one spot to become this year’s strongest food brand in the global rankings. Its brand value growth is supported in part by its robust BSI performance, having recorded an increase of 2.0 …
