Dairy News

Recent industry report about Dairy company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Dairy Market industry experts.

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Dairy News

  • September 2023: China Mengniu acquired organic infant formula producer Bellamy's Australia for USD 1 billion.
  • October 2022: Unilever partnered with ASAP for the distribution of its ice cream goods. As per the partnership, ASAP will also deliver ice cream and treats from Unilever's virtual storefront, The Ice Cream Shop.
  • August 2022: Dairy Farmers of America acquired two shelf-extended facilities of SmithFoods. The strategy of this acquisition was to assist the corporation in capitalizing on the market's growing demand for products with extended shelf lives.
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  • April 2024: Predilecta Alimentos, as part of expanding its presence in the market, participated in one of the largest events in the supermarket and food service sector in Brazil, Super Rio Expofood 2024. Predilecta highlighted its wide range of products and preserves, including canned fruits and vegetables, seasonings, sauces, tuna, and bonito at the event.
  • April 2024: Dole PLC launched the Dole Can It Pineapple Snack Hackathon, a three-week-long competition* that challenges recipe innovators. Participants were invited to submit their best creations based on a different theme each week, giving everyone who enters the chance to win prizes. Dole Canned Pineapple offers delicious, high-quality tropical fruit that is rich in vitamin C and with no added sugar.
  • April 2024: Kronos SA announced a strategic partnership with Lariplast S.A., a company active in the food packaging industry. The partnership involves supplying barrier technology products from Lariplast to Kronos to export the final products to the American Markets.
  • June 2024: The Bull Brand launched three new ready-to-eat canned mince meals: Bolognaise Mince, Chilli Mince, and Savoury Mince. These new variants offer great value for money and are highly versatile.
  • March 2024: Conagra Brands expanded its tomato processing capabilities in Canada. The enhancements at its Dresden plant in Ontario include software updates, the installation of a new evaporator to increase tomato paste production, and introducing a dedicated production line for the Ro*tel brand.
  • March 2024: Bisto launched a new gravy specifically crafted for sausages. This thicker gravy is designed to offer a savory, slightly sweet flavor that complements and enhances the meaty taste of sausages, making sausage-based dishes more flavorful.
  • January 2024: Dabur, one of the leading firms in the Ayurvedic and personal care space, recently invested approximately INR 135 crore in expanding its manufacturing facility in South India. This move is geared toward bolstering the production capacity of its flagship products, including Dabur Honey, Dabur Red Paste, and Odonil air fresheners.
  • January 2024: APIS Honey launched Apis Organic Honey, sourced from Kashmir. The products are available in attractive glass bottles and different retail channels across India. 
  • December 2023: Better Foodie, collaborating with the California-based start-up MeliBio, unveiled their award-winning 'Vegan H*ney' in around 200 UK retailers.
  • May 2024: Döhler GmBH opened its new production site in South Africa for the development of compounds, emulsions, powdered and liquid flavor ingredients, which is set to significantly bolster its juice concentrate processing capacity. As per the company, this expansion will grant its customers direct access to Döhler's full compound portfolio in the country, underscoring the company's dedication to leading the regional food, beverage, and life science industries.
  • April 2023: Carbery Group (Synergy Flavors Inc.) expanded its footprint in Asia with the opening of premises in Singapore. Carbery Group announced plans to expand and diversify its business, which includes flavoring essences for new customers across different end-use industries in the country.
  • January 2022: Carbery Group (Synergy Flavors Inc.) expanded its R&D facilities and collaborative spaces at its US headquarters in Wauconda, Illinois. This expansion aligned with Synergy's strategy for organic growth, ensuring its facilities matched the escalating demands for collaboration, both internally and with industries.
  • July 2021: Carbery Group (Synergy Flavors) launched a fruit essences and natural flavors collection. This newest addition to the Synergy Pure range of extracts and essences would offer manufacturers a range of natural solutions to suit various food and beverage applications, including tapping into the hard seltzer and ready-to-drink (RTD) alcohol category.
  • July 2024: Syensqo acquired Azerys, a leading expert in rosemary extraction, boasting assets in El Jadida, Morocco. Azerys is renowned for its line of preservatives, crafted exclusively from natural, plant-based ingredients, with a core focus on rosemary extracts.
  • March 2024: Kao Corporation's Material Science Research Laboratory developed an exclusive plant factory, Smart Garden Meguri. The rosemary extract is sourced from plants grown and processed within Kao's Smart Garden Meguri.
  • November 2022: Kemin Industries introduced a new rosemary extract known as FORTIUM R. This line of rosemary extract-based ingredients was engineered to prevent color and flavor degradation effectively.
  • May 2023: IPRONA introduced craftIngredients’ range of botanical extracts from European black elderberry, tart cherries, blackcurrants, and aronia.
  • August 2022: Spain-based Nektium launched an organic version of elderberry extract due to increased demand for natural ingredients from various industries.
  • August 2022: PLT Health Solutions Inc. launched a new elderberry extract in the North American market. The PLT elderberry portfolio will include extracts standardized to 6% and 10% anthocyanins, offered in both standard and organic grades.
  • May 2023: LSDH Group announced that its soy plant in France had become completely operational. The company invested EUR 32 million as part of its ambition to be a key player in the French plant-based beverage ingredients market. The plant, with a surface area of 9,000 sq. m, will offer local soy ingredients for use in plant-based yogurts, ice creams, and cheeses.
  • September 2023: Caldic Ingredients Deutschland and Caldic Ingredients France announced a strategic partnership with Soy Austria. The collaboration signified the introduction of Soy Austria's comprehensive portfolio of sustainable, natural soy-based ingredients and solutions in France.
  • October 2021: The Archer-Daniels-Midland Company launched new locally sourced soy and wheat proteins throughout Europe, notably in France.
  • June 2024: Gaia Herbs launched Milk Thistle Gummies, which utilized organic European-standardized milk thistle extract. The extract is used across other Gaia Herbs formulas, including the company’s Certified Organic Milk Thistle PhytoCaps, Milk Thistle tincture, and Liver Cleanse, among others.
  • April 2024: Doctor's Best Inc. launched a new product named Glutathione + Milk Thistle with Setria. The company claims that Glutathione + Milk Thistle with Setria has milk thistle as a key ingredient that supports liver health and antioxidant activity.
  • November 2021: BYHEALTH addressed consumer concerns about the safety, effectiveness, and bioavailability of complementary medicine products by improving their traceability and utilizing raw materials associated with its BYHEALTH Milk Thistle tablets.
  • October 2022: Nuherbs launched a new partnership with Mexican hibiscus growers to minimize supply chain issues. The California-based company was set to announce an expanding partnership, highlighting its portfolio of hibiscus ingredients, including whole flower and liquid and powder extracts.
  • February 2022: Merck AG launched new cosmetic ingredients, RonaCare Baobab and RonaCare Hibiscus, a nutrient-rich ingredient used in different skincare and cosmetic products. RonaCare Hibiscus not only reduces skin irritation but also enhances the care of sensitive skin, providing protection against oxidative stress, safeguarding collagen from degradation, and improving skin cell vitality.
  • July 2021: Nuherbs and Hibiscus Products LLC launched PHYTOHIB100, claiming it to be the United States' highest-quality organic and kosher-certified Hibiscus sabdariffa Powered Extract. The company utilized its proprietary CleanBrew extraction and drying process, which operates at lower temperatures than conventional methods. This innovative approach enabled Nuherbs to capture the distinct flavor and color profile of Hibiscus sabdariffa. Consequently, the company offered a concentrated, water-soluble, and easy-to-store hibiscus extract of exceptional quality, free from residual solvents, carriers, or excipients.
  • July 2023: Biocatalysts Ltd launched its new protease preparation, Promod 128L, developed specifically with a unique formulation of endopeptidase activities for the effective hydrolysis of extracted collagen in producing neutral-tasting collagen peptides.
  • June 2023: BASF expanded its innovation campus in Shanghai for the development of two new research and development (R&D) buildings. The company invested around EUR 280 million.
  • January 2023: Danisco Animal Nutrition & Health, a business unit of International Flavors & Fragrances, received approval from the Canadian Food Inspection Agency (CFIA) for Enviva PRO and Syncra SWI. Syncra SWI is a combination of VMP and a protease enzyme, and the company claims that it is an effective feed additive with an agile enzyme-producing capacity that adapts to different feed ingredients.

Dairy Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029