USAID hands over modern dairy processing plant to Makueni co-operative

KENYA – Kenyan dairy farmers have received a modern dairy plant from the United States Agency for International Development (USAID) which is set to boost milk production. Located in the Makueni county, Eastern region, the fully installed dairy processing plant has a capacity to pasteurize 1000 litres of milk per hour. The project was developed…

Nestle India reports 9.6% growth in profits to US$47.96m in Q4

INDIA – Nestle India reported a 9.6% growth in net profits to US$47.896 million for its fourth quarter period ended 31st December 2018 up from US$43.76 million posted in the corresponding period in its previous financial year. The company total revenues in the period under review increased from US$417.16 million against US$372.26 posted in the…

Muller unveils US$128m cost and margin improvement program

UK - Müller Milk & Ingredients has launched a new US$128.71 million (£100m) program to promote cost and margin initiatives meant to secure a vibrant and sustainable future for the business. Called ‘Project Darwin’, the initiative involves a comprehensive review of every aspect of the company operations, logistics, back office and people organisation, all looking…

Global plant-based beverages market reaches US$247.8b driven by health and wellness trends

WORLD – The global plant-based beverages market is estimated at US$247.84 billion in 2018 and this is expected to grow at annual growth rate of 6.7% to reach US$474.66 billion by 2028, according to latest report by Future Market Insights. The increase is attributed to rising demand for health and wellness products in the global…

JM Smucker invests US$9.1m in Canadian dairy processing facility

CANADA - Smucker Foods of Canada Corp, a subsidiary of the American food company JM Smucker has announced that it will invest US$9.1 million (CAD 12 million) to upgrade its Sherbrooke, Quebec based manufacturing facility. The investment, partly funded by the Federal Ministry of Agriculture and Agri-Food, will be used to increase output in condensed…

Danone unveils smart cap for its Font Vella mineral water to enhance hydration

SPAIN – Danone has announced that it is set to launch a special smart cap to its Spanish mineral water brand Font Vella that will allow consumers track their water intake as well as hydration levels. Called Coach2O, the device covers the existing bottle cap, ensuring no contact between the water and the device and…

Dairy Farmers of America launches Craigs Creamery cheese in the US

USA – The national milk marketing corporative, Dairy Farmers of America in conjunction with eight New York-area farm families has unveiled a new cheese brand called Craigs Creamery in the US. The firm says the new product is made with local, high-quality milk and all-natural ingredients, reinforcing its commitment to sustainable farming and ensuring a…

Aldi and Graham’s The Family Dairy inks milk supply deal worth US$71m

SCOTLAND – UK supermarket chain Aldi has entered into a five-year milk supply agreement with Scottish milk producer Graham’s The Family Dairy in a deal worth approximately US$71.06 million (£55 million). Graham’s The Family Dairy will supply Aldi with fresh Scottish milk in all of its stores across Scotland. The investment is an extension of…

Danone expands US plant-based foods facility to increase output

USA – World’s dairy corporation, Danone has inaugurated an extension site to its plant-based foods production facility in Dubois, Pennsylvania, increasing capacity in plant-based alternatives in the United States. The expansion would help address the growing demand for dairy alternatives including yogurts among consumers while opening up new opportunities in the segment. The Dubois facility…

Nigeria sees competition and consumer protection bill signed into law

NIGERIA – Nigeria’s President, Muhammadu Buhari, has assented to the Federal Competition and Consumer Protection Act 2019 that seeks to ensure competitive trade in the country and ensure production of quality products reports Guardian. In a statement released by Senator Ita Enang, the new law repeals the Consumer Protection Council Act and sections 118-128 of…