Arla launches Lurpak Butter in Plant-Based category
New innovation from Arla Foods is a key part of its long-term growth strategy The number one dairy brand is now available in plant based as Arla Foods launches Lurpak® Plant Based into the UK and Danish retail markets. Investing in new products is a key part of Arla’s growth strategy, and the launch of […]
Innovative cheese, butter and yogurt products fuel dairy market growth – CoBank
US consumers are drinking less milk with each passing year, but overall dairy sales are on a multiyear winning streak, according to a recent market report from CoBank. Cheese, butter and yogurt are fueling category growth, along with new dairy-based products designed to capitalize on convenience, health and snacking trends. Data from market research firm Circana […]
CO2-Derived Butter Tastes Authentic -Startup Challenging Traditional Dairy
Churning traditional butter from cow’s milk has a significant impact on the environment. Savor, a company backed by Bill Gates, aims to change this. They have developed a method to make butter using captured carbon dioxide (CO2) and hydrogen. This process is entirely plant-based and avoids the environmental issues linked to both dairy and some […]
GDT price index records first decline since March 2024
The Global Dairy Trade (GDT) price index has recorded its first decline since March 2024, falling by 0.5% at the latest trading event held today (Tuesday, June 18). The price index now stands at 1,157, having decreased from 1,162 recorded at the previous GDT trading event on June 4. The drop comes after five consecutive increases. […]
Indian dairy exports in FY 24 showed better value realisation in global markets
Drawing from data provided by APEDA and Indian Customs, we present an in-depth look at the trends and dynamics shaping the dairy export landscape. Note that Casein and Lactose are excluded from this analysis and will be covered separately. For India to fully leverage its substantial milk production, processors must prioritize export markets, facilitating better […]
Global demand for Dairy remains sluggish
Commodity markets have softened through March 2024 against a backdrop of slightly weaker global fundamentals. The dairy complex had staged a recent rally since the bottom of the market in Q3 2023. Nonetheless, all dairy products except butter were softer in March 2024 and remain at or below five-year averages. Rabobank expects dairy commodity prices […]
Global dairy Price index almost unchanged
Global Dairy Trade Event 354 concluded with the GDT Price Index up 0.1% with average global price index touching USD 3590/MT. Key Results remains as follows : AMF index up 1.7%, average price US$7,062/MT (Rs 580/Kgs) Butter index down 1.4%, average price US$6,546/MT (Rs 535/Kgs/MT) BMP index not available, average price not available Ched index down 8.5%, average […]
Empowering Artisans: Imperative of GI Tagging for Boosting Indian Dairy Exports
Dairy Development in India Since the inception of Operation Flood in the early 1970s, India has exhibited remarkable growth in milk production and per capita milk availability. Data reveals that milk production triples and per capita availability doubles approximately every 25 years. Following this trend, India is projected to produce over 600 million MT of […]
Dairy consumption falls again in Germany
The consumption of milk in Germany declined again in 2023, government data shows. According to preliminary figures published by the Bundesinformationszentrums Landwirtschaft (BZL), the per capita consumption of milk in Germany shrunk to less than 46kg in 2023, from 46.1kg in 2022, which had been a record low. Meanwhile, the production of drinking milk fell […]
GI tag sought for State’s popular Uthukuli butter
The Uthukuli Butter Manufacturing Association, which is based out of Tiruppur, the knitwear capital of India, has filed an application seeking geographical indication (GI) tag for ‘Uthukuli Vennai’ (butter). The application process was facilitated by the NABARD Madurai Agribusiness Incubation Forum (MABIF) and was filed by P. Sanjai Gandhi, an IP attorney specialising in Geographical […]
