Author: DC Team

Cathay Capital and Savencia Fromage & Dairy have partnered to strengthen Baijifu’s market presence in China, capitalising on the 60th anniversary of China-France diplomatic relations. This collaboration aims to boost product innovation, adapt to local consumer preferences, and expand sales channels in China’s growing cheese market. Cathay Capital, a prominent global investment platform, has announced a strategic partnership with Savencia Fromage & Dairy, a renowned French dairy and food product manufacturer. This alliance, marked by an exclusive strategic investment in Savencia’s Chinese brand, Baijifu, is poised to significantly impact the dairy market in China. Here’s a detailed look at what…

Lactalis USA’s new partnership with Feeding America® aims to provide 1.5 million meals, enhance nutritional access, and engage employees through volunteerism. This initiative highlights the company’s commitment to addressing food insecurity and reinforcing community ties. Lactalis USA, a major player in the dairy sector, has unveiled a transformative partnership with Feeding America®, a leading hunger-relief organization. This collaboration, announced in celebration of National Dairy Month, is set to make a significant impact on both the dairy industry and the broader community by addressing food insecurity and promoting nutritional access. Here’s how this initiative is poised to reshape the industry. 1.…

Müller and First Milk are both raising milk prices starting September 2024. Müller will pay 40.25p per liter, up by 1.25p, and First Milk will pay 42p per liter, which includes a 1p increase plus a member premium. These changes reflect efforts to support dairy farmers and adapt to market conditions. Müller, a major dairy processor known for products like milk, yoghourt, and cheese, is increasing the price it pays farmers. Starting 1 September 2024, the new price will be 40.25p per liter, up by 1.25p per liter from before. Müller is committed to helping dairy farmers and improving the…

Lactalis Canada has reopened its former dairy plant in Sudbury, Ontario, as a plant-based milk facility, marking a significant shift from its traditional dairy operations. The revamped site will now produce the company’s new Enjoy! plant-based milk brand and is expected to support job retention, respond to growing consumer demand for plant-based products, and align with sustainability goals. Lactalis Canada, a major player in the dairy industry, has recently announced the successful repurposing of its former dairy plant in Sudbury, Ontario. This strategic move transforms the facility into a modern plant-based milk production hub, marking a significant shift from its…

Lactalis is investing €3 million to upgrade its Medellín dairy facility in Colombia, focusing on automation, capacity expansion, and environmental improvements. This investment is part of a larger €4 million project for 2024, aimed at modernizing operations and enhancing product quality. Lactalis, the France-based dairy giant, has revealed plans to invest €3 million ($3.2 million) in upgrading its manufacturing facility in Medellín, Colombia. This investment is part of a broader €4 million initiative in Colombia for 2024, aimed at modernizing and enhancing the company’s operations in the region. Investment Focus The Medellín plant, which produces UHT milk, cream, and dairy…

Gokul Dairy has increased the price of pouched cow milk in Mumbai and Pune to Rs 56 per liter. This price hike addresses the impact of low milk powder prices, rising production costs, and market uncertainties. The adjustment aims to stabilize the dairy’s financials and support milk producers. The Kolhapur Jilha Dudh Utpadak Sangh, known as Gokul Dairy, has recently raised the price of pouched cow milk in Mumbai and Pune by Rs 2 per liter, bringing the new price to Rs 56 per liter. This adjustment, driven by various factors, aims to address financial pressures and stabilize the dairy’s…

The Indian dairy industry is set to grow by 13-14% this fiscal year, driven by high consumer demand and improved milk supply. Favorable monsoon conditions and increased consumption of value-added products are key factors. Despite higher working capital needs and increased debt from ongoing capital expenditures, the industry’s credit profiles remain stable due to strong balance sheets. Enhanced milk supply, supported by better cattle fodder and resumed artificial insemination, will bolster profitability. Overall, the industry shows robust growth potential with stable financial metrics. The Indian dairy industry is on the brink of significant revenue growth, with projections indicating a 13-14%…

Gokul Dairy, a leading dairy cooperative in Maharashtra, has launched a pioneering herbal medicine plant in Gadmudshingi village. This facility will produce ayurvedic formulations for treating diseases in cows and buffaloes, marking a significant innovation in the region’s livestock health management. Kolhapur Jilha Dudh Utpadak Sangh, widely known as Gokul Dairy, is one of the leading dairy cooperatives in Maharashtra, India. Since its establishment in 1963, Gokul Dairy has been a pioneer in the dairy industry, famous for its high-quality milk and dairy products. Committed to innovation and sustainability, Gokul Dairy continuously expands its range of products and services to…

Over the past two decades, U.S. dairy herds have decreased from 70,000 in 2003 to 26,000 in 2023, yet milk production has risen by 33%, reaching 226 billion pounds. This is due to advancements in technology, automation, and increased productivity per cow, leading to larger and more specialized dairy farms. Over the past two decades, the United States has witnessed a paradox in its dairy industry: a significant decline in the number of dairy herds alongside a substantial increase in milk production. In 2003, the U.S. had approximately 70,000 dairy herds. By 2023, this number had plummeted to just over…

Mumbai’s Parsi Dairy Farm, founded 108 years ago, showcases a remarkable evolution from a modest milk delivery service to a beloved dairy empire. Rooted in tradition and family values, it combines time-honored recipes with modern business practices, resulting in a thriving operation that continues to attract celebrities and loyal customers. The farm’s recent renovation and expansion reflect its commitment to maintaining quality while embracing contemporary trends. A Sweet Beginning In the bustling streets of Mumbai’s Kalbadevi, a 16-year-old Nariman Ardeshir embarked on a modest venture in 1916. Armed with milk cans and an entrepreneurial spirit, Ardeshir’s business began with small…