Rabobank: General Mills’ yogurt divestment enhances Lactalis’ …
Sep 26, 2024 · A spokesperson for the bank told us: “Lactalis dominates the Global Dairy Top 20, with sales over $30bn and 25% above its nearest competitor. This acquisition only enhances its dominance. “Sodiaal, ranked 16th in Rabobank’s 2024 Global Dairy Top 20, is likely to move higher. The difference between companies’ revenue in the second half ...
US dairy producers set for strong margins in 2024 as milk prices …
Aug 15, 2024 · US dairy producers may be in for favorable margins through the rest of 2024 thanks to strong milk prices and lower feed costs, according to Ever.Ag analysts. Class III milk prices remain in the $20 range, with Class I and Class II both above $20. At the same time, strong corn and soybean production coupled with greater exports may continue the ...
How is China’s growing milk supply affecting global dairy exports?
Sep 20, 2024 · Dairy supply has been a key policy cornerstone for the Chinese government since 2018. The country set out to increase its milk production by 10 million metric tons from 2018 to 2025, a target achieved in 2023. According to Rabobank estimates, this increased China’s milk supply self-sufficiency from 70% to 85% - further reducing the nation’s ...
America’s top 5 favourite ice cream flavors revealed
Jun 30, 2022 · Looking at toppings, the research found chocolate is the most popular source topping, preferred by 26% of people compared to caramel, which came in second place at 18%. For dry toppings, 15% of people opt for nuts and 14% want sprinkles, the survey revealed. The most popular nut was the pecan – preferred by 24% of respondents – followed by ...
Lion Dairy and Drinks acquisition central to Bega Cheese financials
Aug 30, 2021 · The A$528m (US$385.5m) acquisition of Lion Dairy and Drinks, mostly funded by a A$393m (US$287m) net capital raise, saw Bega Cheese more than double in size in terms of both annualized revenue to approximately A$3bn (US$2.2bn), and employees to more than 4,000, expand its cold chain distribution network to now be one of the largest in the ...
USA: Lactose-free and whole milk sales surge as consumption of …
Jan 21, 2024 · US: Whole and lactose-free milk sales grow as plant-based alternatives dip. While the annual fluid milk consumption continues to decline, some categories have bucked the trend with growing retail sales in 2023, according to newly-released data. According to data from Circana cited by the National Milk Producers Federation (NMPF), retail sales ...
America’s favorite ice cream flavors and toppings, ranked
May 23, 2024 · The International Dairy Foods Association (IDFA) has revealed the most popular ice cream flavors, as ranked by US consumers. In the trends survey carried out alongside Morning Consult, shoppers were also asked about their favorite confectionery to pair with ice cream, preferred toppings, favorite setting to enjoy ice cream, and more.
How Yili became the first RMB100bn dairy company in Asia: …
Jul 4, 2022 · Chinese dairy group Yili is the first dairy company to top annual sales of RMB100 billion in Asia and it has been named the ‘most chosen’ CPG brand in China with a household penetration rate of 92.4%.
The effects on the updated US-Chile FTA on EU cheese producers
Sep 26, 2024 · For a limited number of products that the EU has allowed to be ‘grandfathered’ and that American exporters had exported to Chile prior to the updated EU-Chile FTA, all US producers of those products would continue to use those terms in Chile. In addition, a list of common names will also be protected for use in Chile for all US producers.
A dive into high protein trends, claims and applications
Aug 20, 2021 · The stronger focus on protein goes hand in hand with an increase of the average protein content. Average protein content per serving in grams (g) of food and beverage launches tracked with a high/source of protein claim risen from 15.1g in 2016 to 17.8g in 2020 (Innova July 21). The demand for high protein snacks has significantly increased ...