Dairibord overturns loss position with 131% jump in profits in the half year

ZIMBABWE - Food and dairy processor, Dairibord Zimbabwe Holdings has recorded 131% increase in net profit to US$269,844 during the half year ended 30 June 2018 on volumes growth and restructuring. Revenue for the period was 15% above same period last year to US$50.8 million while volume grew 6% to 41 million litres as a…

Arla Foods to launch the world’s fastest cream cheese manufacturing process

USA - Arla Foods Ingredients, a global leader in value-added whey solutions, has announced that it will launch one of the world’s fastest cream cheese manufacturing processes at Food Ingredients South America. According to the company, cream cheese-making is a complex procedure that can take up to 20 hours and generates significant amounts of acid…

DMK Group announces plan to reduce sugar content in its Milram range

GERMANY - DMK Group, Germany's largest dairy company, has announced that it will reduce the sugar content of products throughout its Milram range, as the company aims to adapt to the changing nutritional demands of consumers. According to the company, it will implement this new strategy in three phases. Firstly, Milram’s buttermilk and kefir drinks…

Starbucks debuts plant-based Protein Blended Cold Brew across the US

USA – The American coffee company and coffeehouse chain Starbucks has released its new plant-based Starbucks Protein Blended Cold Brew on menus nationwide, for customers looking for a new way to refuel. According to the company, the new beverages are offered in Almond and Cacao and are available at participating Starbucks stores across the U.S…

Fonterra announces Miles Hurrell as interim CEO

NEW ZEALAND - Fonterra Co-operative Group, a multinational dairy co-operative, has announced that Miles Hurrell will take over as the Co-operative’s interim Chief Executive with immediate effect. According to the company, Mr Hurrell is currently the Co-operative’s Chief Operating Officer, Farm Source – the unit responsible for working directly with the Co-operative’s farmer-owners. In that…

a2 Milk Company extends supply agreement with China State Farm Holding

CHINA - The a2 Milk Company has reaffirmed its decision to extend the supply strategic arrangements with China State Farm Holding Shanghai Co., Ltd. (CSFA Shanghai). According to the company, CSFA Shanghai have been the exclusive import agent and strong partner for the company’s infant nutrition products into mainland China since launch in 2013. The…

Synergy Flavours launches ruby chocolate flavour for young people

USA - Synergy Flavours, a leading supplier & manufacturer of food flavours, has added a ruby chocolate flavour to its ingredients portfolio, which is suitable for use in cakes, desserts and sports nutrition drinks. According to FoodBev, the new flavour has been developed to create products which will appeal to consumers between the ages of…

Delivery startup DailyNinja acquires milk delivery business 4amShop in a cash deal

INDIA - DailyNinja, Bengaluru-based hyperlocal subscription delivery startup has acquired milk delivery startup business 4amShop in an undisclosed cash deal as it seeks to expand its presence in Southern India. On completion of the transaction, the founders of 4amShop will exit and 2,000 customers of 4amShop will be transferred to DailyNinja, according to inc42. The…

Hershey-owned Dagoba Organic Chocolate debuts new range of flavour-infused bars

GERMANY - Dagoba Organic Chocolate, a brand of premium organic chocolate, owned by Hershey, has debuted a new range of infused flavours for its bars and bite-sized chocolate ‘Gems’. According to Financial Times, Dagoba offers unique flavour combinations as part of its brand identity. The new flavours include 84% cacao extra dark chocolate, 37% cacao…

Fonterra re-enters India through a joint venture with Future Group

INDIA - New Zealand dairy giant Fonterra has partnered with fast moving consumer goods arm of Future Group, Future Consumer Ltd to form a joint venture that will see the dairy co-operative launch dairy products in India. Fonterra Future Dairy Partners, a 50:50 joint venture will enable Fonterra tap a significant portion of the dairy market…