Yogurt made from a base of water buffalo milk as an alternative to cowâs milk is popular in some markets, such as Italy. Colombian company Annabella produces its cheese, yogurt and dessert products in small batches for distribution in the US.
Through a diverse portfolio of products, ranging from commodity-style basics to premium products, Grupo Lala ensures it appeals to Mexico's diverse population. 'We want to be the number one leader in dairy R&D and product development,' says its head of operations.
The 2019 Natural Products Expo West show brought together more than 86,000 attendees from 136 countries this month in Anaheim, CA. As the worldâs largest natural, organic and healthy products event, itâs tricky to cover the entire floor of more than 3,600 exhibiting companies.
Fonterra Co-operative Group Limited has announced its 2019 interim results, which show the coop has returned a Net Profit After Tax (NPAT) of NZ$80m (US$55m), but normalised Earnings Before Interest and Tax (EBIT) are down 29% on the same period last year to NZ$323m (US$221m).
Peak Rock Capital has signed an agreement to acquire the Turkey Hill Dairy business from The Kroger Co., known for ice cream, refrigerated drinks and other dairy products. It marks Peak Rockâs eighth current investment in the food and beverage industry.