Nestle India share falls after weak Q1FY25 results
Nestlé India continued to focus on innovation and sustainability, launching several new products and enhancing its digital engagement with consumers. Nestlé India has delivered an impressive performance in the first quarter of FY 25, reflecting strong growth across key financial metrics. The company’s commitment to innovation, efficiency, and sustainability has played a pivotal role in […]
Innovation and Inflation: Dual Forces Shaping the Plant-Based Milk Market
Milk alternatives continue to hold the largest share of all plant-based categories—15% across the total market and 41% in the natural channel—as ongoing innovations intrigue a broader group of consumers. Despite this growth, inflation remains a challenge for plant-based milk producers. Some varieties are also being discontinued or facing pushback from dissatisfied consumers. From supermarkets […]
IFF TRENDS REPORT: ADDED VALUE KEY TO SUCCESS IN INFLATION-HIT DAIRY SPACE
Amidst a challenging economic climate, IFF (NYSE: IFF), a global leader in food and beverage, home and personal care and health, unveils a report that uncovers the evolving consumer trends in the dairy and alternative dairy categories. The report, derived from a comprehensive quarterly global survey of 21,000 consumers and monthly market data*, highlights […]
Milk Prices may not turn volatile this summer-Mother Dairy
Milk inflation has moderated recently. The last hike in milk prices (by Mother Dairy) was announced in February 2023. As summer progresses, natural shortage starts occurring in overall milk production. However, there will be no wild swing in prices… Summer lasts till September, when some shortage of milk naturally occurs. I anticipate slight (upward) movement […]
Cereals, milk, vegetables turn costlier on month; potato prices zoom
Retail food inflation softened marginally to 8.52% in March, 2024 from 8.66% in previous month due to sequential drop in prices of pulses an edible oils and spices, and a high base. The prices of key items like cereals, milk, meat and vegetables, however, saw a rise on a month-on-month basis. The relevant consumer food […]
How rising prices have shaped dairy consumption
here is optimism that the global economic and financial conditions of high inflation and rising food and energy prices, which have impacted consumer confidence and post-pandemic spending, will improve in 2024. However, as dairy prices are still rising, consumers will still be on the hunt for value as they visit the dairy aisle. It is, […]
Sunak is ‘sad’ parents are forced to water down baby formula
The prime minister has said it is “sad” that parents are watering down baby formula because they cannot afford to feed their children. Sky News reported last year on measures parents have turned to after inflation spiked the cost of the powdered milk product. This included watering down and even stealing products in order to make ends meet amid […]
Saputo indicates pricing cycle linked to inflation near end
Saputo has indicated the pricing cycle linked to inflation is coming to an end but the international dairy major is still seeing some “softness” in the category. While Saputo said volumes across the group were “stable” in the second quarter and were higher in its domestic Canadian market, export volumes remained under pressure, particularly in Europe […]
Shoppers in Spain are buying cheaper and less fresh produce
The cost of inflation is pushing more people in Spain towards buying cheaper private label products instead of better-quality and more expensive fresh produce. Despite the rise in inflation starting to stabilise from the peak of 10.8% reached in July last year to the 3.5% in September this year, the advance CPI for October was […]
Inflation continues to curb global demand
Slowing supply growth out of other major exporting regions has begun to shift the outlook within the global dairy market in recent weeks, as the impact of weaker commodity prices has flowed through to production responses. While this changed dynamic is supportive of dairy commodity prices, the strength of this rebound really will be determined […]
