Bubs Australia signs new supply agreement for its infant formula

AUSTRALIA – Bubs Australia has entered a new supply agreement with Woolworths, Australia’s leading supermarket chain, that is expected to materially add to double retail exposure for its infant formula portfolio. Bubs first entered into […]

Danone North America introduces new plant-based ready-to-drink lattes

USA – Danone North America is expanding its Silk brand into the ready-to-drink coffee market with the launch of two new dairy free lattes. Danone has introduced the Silk Dairy-free espresso and mocha Lattes which […]

Fonterra selects HCL Technologies for IT infrastructure transformation

NEW ZEALAND – New Zealand dairy co-operative, Fonterra has partnered with global technology company, HCL Technologies to modernise and manage the entire technology infrastructure Fonterra employees around the world use every day. The multi-year partnership […]

Dairy Farmers of America to acquire Dean Foods assets for US$425m

USA – The Dairy Farmers of America (DFA) has entered into an asset purchase agreement with America’s largest farmer-owned dairy cooperative, Dean Foods to acquire a substantial portion of Dean Foods’ business operations. As part […]

Danone launches blockchain powered service to enhance baby formula transparency

USA – Danone has launched the Track & Connect service, a digitally-enabled service giving consumers and retailers greater transparency on its baby formula farm-to-fork journey. The Track & Connect service will also enable consumers and […]

Brookside Dairy to shut down its Coast region milk cooling center

KENYA – The leading dairy processing company in East Africa, Brookside Dairy Limited announced it would be shutting down its Taita Taveta regional factory, Wumingu Cooling Plant, effective March 1st 2020. The Central-Kenya headquartered company […]

Global oat drinks market value to nearly double by 2027, FMI projects

WORLD – The global oat drinks market size is expected grow at an impressive 8.2% compounded annual growth rate (CAGR) to reach US$698.8 million by the end of 2027 from US$372.5 million in 2019, according […]

Only six firms will be allowed to import milk in Nigeria, CBN says

NIGERIA – The Central Bank of Nigeria has given approval to six dairy companies to import milk into the country. CBN in a statement signed by Director, Trade and Exchange Department, Dr Ozoemena Nnaji said […]

Declining sales dent Kraft Heinz growth as turnaround plan expected to take time

USA – The Kraft Heinz Company reported a 5.1% decline in net sales to US$6.5 billion in the full 2019 financial year as the company continue to struggle with heightened competition from private-label brands. The […]

Darigold to invest US$67m in expanding production capacity of FIT Milk

USA – Northwest farmer co-operative, Darigold has unveiled that it will invest $67 million in its Boise, Idaho, facility this year to ramp up production of its lactose-free and high in protein milk brand, FIT […]