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Overview of annual performance of Global dairy giants

Overview of annual performance of Global dairy giants - Dairy News 7X7

In February, almost all leaders of the global dairy market reported their results for 2023. Some companies will present their results until May 2024. However, today we can already see the picture being formed by major milk processors for themselves and the market. DairyNews Today has compiled key results and forecasts from leading companies for […]

High protein dairy is booming but how healthy is it ?

High protein dairy is booming but how healthy is it ? - Dairy News 7X7

Danone has become the latest manufacturer to release a range of high-protein dairy products in the UK. But can high-protein yogurts – that typically contain thickeners, starches and sweeteners – really be considered ‘healthy’? From cheese to yogurt, high-protein dairy products are highly sought-after among consumers – whether active consumers looking to build muscle, or […]

Danone offloads US organic dairy assets

Danone offloads US organic dairy assets - Dairy News 7X7

French dairy giant Danone has sold its US-based Horizon Organic and Wallaby units to local investment business Platinum Equity for an undisclosed fee. The Alpro and Activia brands owner said the disposal is part of its Renew Danone turnaround strategy, announced in March 2022. The strategy includes the disposal of what CEO Antoine de Saint-Affrique described at the […]

China’s falling birth rate impacting infant milk industry in Ireland

China’s falling birth rate impacting infant milk industry in Ireland - Dairy News 7X7

THE impact of the falling birth rate in China on the infant milk formula industry in Ireland was raised in the Dáil. Ireland is one of the leading manufacturers of infant formula. Three of the world’s largest producers, Danone, Abbott, and Wyeth, have manufacturing plants here. Minister of State Neale Richmond, replying to Cork North-West […]

Danone-backed yoghurt maker Epigamia shelves plan to sell

Danone-backed yoghurt maker Epigamia shelves plan to sell - Dairy News 7X7

Indian yoghurt maker Epigamia, backed by French dairy giant Danone , has shelved plans to sell its inflation-hit business and is now looking to expand to new markets, its CEO said in an interview. Founded in 2015 and backed also by Belgian investor Verlinvest, Epigamia is a small Indian startup which became popular in urban centres […]

Can Danone reach its climate goals without scaling own farming?

Can Danone reach its climate goals without scaling own farming? - Dairy News 7X7

Last month, the French food company Danone — owner of milk and yogurt brands like Activia and Horizon Organics — pledged to cut absolute methane emissions from its milk supply chains by 30 percent by 2030, making it the first major food company with a methane-specific emissions target. Green groups have applauded the new pledge. Methane is a greenhouse […]

Danone Vows to Cut Methane Emissions From Milk by 30%

Danone Vows to Cut Methane Emissions From Milk by 30% - Dairy News 7X7

Danone aims to cut methane emissions from its fresh milk supply chain by almost one-third over the next seven years, becoming the first major food company to set targets in line with a pledge by 150 countries to reduce emissions of the greenhouse gas from cows’ burps. The Activia maker said steps including better management of […]

Danone to shed Russian dairy business with 1 bln euro write-off

Danone to shed Russian dairy business with 1 bln euro write-off - Dairy News 7X7

French food company Danone (DANO.PA) will shed control of its dairy food business in Russia in a deal that could lead to a write-off of up to 1 billion euros ($978 million), it said on Friday. Joining a lengthening list of global companies making costly exits from Russia over the war in Ukraine, Danone will be offloading a business […]

Yili Remains the World’s Most Valuable Dairy Brand :Brand Finance 2022

Yili Remains the World’s Most Valuable Dairy Brand :Brand Finance 2022 - Dairy News 7X7

Brand Finance, the world’s leading brand valuation and strategy consultancy, issued its Food & Drink 2022 report, identifying the most valuable and strongest brands in the food and beverage industries. Yili has been recognized as the World’s Most Valuable Dairy Brand, retaining its leading position in the global dairy industry. A company’s brand is among […]

Who moved Fonterra’s Cheese for the second time in India since 2002?

Who moved Fonterra’s Cheese for the second time in India since 2002? - Dairy News 7X7

Britannia industries Ltd proudly announced their joint venture with Global leader Fonterra from New Zealand on March 25th 2002. The main objectives of the JV were sourcing, manufacturing and distribution of milk and milk products in India. The new company had full access to Fonterra’s Research and development strengths . This access was mainly to […]