Global demand for dairy food products has risen by 15% from 40.9 million tonnes in 2003 to an estimated 47.0 million tonnes in 2008, according to a new report from food and drink consultancy Zenith International.”Global consumption has increased for all the products we studied,” Zenith Dairy Market Intelligence Manager, Esther Renfrew, commented. “Spoonable yoghurt has seen the greatest growth over the past five years at 23%. Ice cream volume has also advanced swiftly by 18%, with... ...Read more »
Australian dairy Co-operative Dairy Farmers has been awarded with the world’s best dairy innovation at the 2008 International Dairy Federation (IDF) Marketing Awards for their Thick & Creamy yoghurt .Held in Mexico at the World Dairy Summit last week, the 2008 IDF Marketing Awards received 24 entries from 10 leading dairy companies world-wide. Dairy Farmers General Manager for Marketing & Innovation John Wardley, said the Co-operative had won the prestigious innovation award based on... ...Read more »
National Foods and Fonterra yesterday announced they had entered into an agreement which would allow Fonterra to acquire the SKI yoghurt licence and associated intellectual property if National Foods’ proposed takeover of Dairy Farmers is approved. National Foods, owned by Japanese-based Kirin Holdings, made an offer to purchase Dairy Farmers for $910 million which was unanimously recommended by the Dairy Farmers Board in late August. Shareholders in the Australian dairy co-operative have until... ...Read more »
Vaalia has enhanced their range of probiotic yoghurts with the launch of two new organic varieties.Vaalia Low Fat Organic Natural and Vaalia Low Fat Organic Smooth Tropical have been designed for the escalating number of consumers seeking to increase their consumption of organic products. The new range, certified organic by the National Association for Sustainable Agriculture Australia (NASAA), is made using fresh organic milk, while also providing the same combination and quantity of active cultures. Michael... ...Read more »
National Foods announced today an immediate, voluntary recall of its range of Yoplait Go-Gurt and Smackers tube products as a result of a packaging defect. The packaging defect means there is a risk of small pieces of clear plastic film separating from the outside of the tube, which may pose a choking hazard, especially for small children. National Foods believes the risk to be low but are recalling all potentially affected products as a precautionary measure. The products affected are: Yoplait Go-Gurt: Best... ...Read more »
Nestlé Australia Ltd has announced it has sold its yoghurt and dairy dessert business, including its Echuca factory, to Fonterra. Under the agreement, dairy giant Fonterra will also acquire the long-term rights to manufacture, market and sell Nestlé’s yoghurt and dairy dessert brands in Australia under licence, alongside its own existing brands, thereby creating a stronger competitive presence in the chilled dairy sector. John Doumani, Managing Director of Fonterra Australia New Zealand,... ...Read more »