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.

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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  • September 2024: Vezlay Foods teamed up with the Catchy Court app to enhance accessibility to its plant-based offerings. Through this partnership with Catchy Court, a rising marketplace app known for delivering premium food products directly to consumers, Vezlay Foods guarantees that its top-tier plant-based meals and snacks are just a click away.
  • July 2024: Vezlay Foods rolled out its latest offering: Vezlay Crispy Veg Chicken. This new product is designed to entice not just vegetarians and vegans, but also those looking to cut back on meat without compromising on taste.
  • July 2024: Spice Grill Flame (SGF) India, a vegetarian restaurant chain, unveiled a fresh vegan menu featuring two distinct categories: 100% Plant-Based Protein and Vegan.
  • September 2024: Maiva Fresh introduced its flagship product - the Maiva Unsweetened Almond Milk. The newly branded health beverage line, "Maiva Fresh," was promoted with the slogans "Pure Good" (focusing on health) and "Pure Joy" (emphasizing taste), highlighting its dual appeal of health and flavor. With zero cholesterol, a low glycemic index (GI), and fortification with Vitamin B12 and Vitamin D, Maiva Fresh Almond is positioned as an ideal daily choice.
  • September 2024: Oxbow Brands unveiled its latest venture, the Vegan Drink Company (VDC). VDC emerges in response to the surging demand for dairy-free products, particularly among the expanding lactose-intolerant and vegan demographics. Understanding the unique nutritional requirements of its audience, VDC crafts its beverages with a rich mix of vital vitamins, such as A, D, B1, B2, and B12, guaranteeing a tasty and wholesome dairy-free choice.
  • August 2024: 1.5 Degree Inc. launched a product line that includes oat milk and soy milk, catering to both vegan and non-vegan consumers in search of healthier, lactose-free alternatives. The entire product line underscores health benefits, boasting gluten-free, eco-friendly, cholesterol-free, and 100% vegan options.
  • September 2024: Bisleri International partnered with the Goa government to enhance plastic waste management in Mormugao. The collaboration, solidified at the Green Goa Summit 2024, aims to improve waste collection, segregation, and recycling processes under the CSR initiative, 'Bottles for Change'.
  • August 2024: Bisleri International forged a strategic partnership with the Professional Golf Tour of India (PGTI) to become the Official Hydration Partner. The collaboration spans across 15 tournaments in India at some of the most challenging and prestigious golf courses.
  • August 2024: As part of its expansion, EVOCUS partnered with prominent hotel chains, including Marriott, Radisson, Taj, Hyatt, and Accor. Additionally, the company collaborated with hospitality groups such as Impresario Entertainment and Hospitality and Specialty Restaurants. Through these strategic partnerships, EVOCUS broadened its market reach, establishing a presence in over 250 HoReCa outlets throughout India.
  • August 2024: Baby food startup brand Babe Burp funded INR 8 crore in a pre-series in collaboration with a venture capital fund, Gruhas Collective Consumer Fund. The purpose of this collaboration was to innovate baby food products.
  • August 2023: Sresta Natural Bioproducts has launched a new line of organic baby and children's food products. Targeting children aged six months to four years, these offerings cater to the youngest demographic. The frozen food range includes a variety of items such as bread, rotis, chapatis, and samosas.
  • December 2022: Mother Nature brand launched a parent-tested baby food range. The products are claimed to be nutritious, preservative-free, and appetizing. The products are available in 12 different fruit flavors including fruits and vegetables.
  • October 2024: Lallemand Inc. acquired CerealTech Pte Ltd, a Singapore-based bakery ingredient business, for an undisclosed sum. Lallemand Inc. announced plans to merge CerealTech and its employees into its own Lallemand Inc. Baking Solutions (LBS) division. Despite the acquisition, CerealTech maintains its operations in Singapore, retaining its branding and current commercial teams.
  • May 2024: Bakels Group unveiled Fermdor Active, a concentrated powder to enhance bread production. Fermdor Active captures the authentic flavor of traditional sourdoughs and has become indispensable for bakers. This latest offering from Fermdor is enriched with specialized active ingredients, making it ideal for premium artisan bakery creations.
  • May 2024: Puratos Group launched Sapore Lavida, Belgium's inaugural fully traceable active sourdough, crafted solely from whole wheat flour. This groundbreaking ingredient championed regenerative agricultural practices, empowering bakers throughout mainland Europe to cater to the surging demand for locally produced and sustainably sourced sourdough products.
  • March 2024: Natura, based in Montreal, introduced a range of plant-based oat beverages made from 100% organic Canadian and gluten-free oats. The oat beverages are available in three flavors, Original, Vanilla, and Chocolate, and are claimed to be the only gluten-free oat drinks holding a Canadian Coeliac stamp, ensuring safety for consumers concerned about gluten.
  • February 2023: NEX-XOS introduced OBAR by OMEALS, a versatile daily bar that can serve as a meal replacement or nutrition bar. NEX-XOS specializes in producing shelf-stable foods and providing contract packaging, assembly, and distribution services. The OBAR daily bars offered by NEX-XOS are nutrient-dense, plant-based, allergen-free, gluten-free, and non-GMO.
  • January 2023: The Good Flour Corp. planned to develop "Patty Cakes," which are claimed to be gluten- and allergen-free protein pancake mixes designed especially for children.
  • January 2022: Schar, a German company, introduced three new gluten-free options for customers that can be conveniently stored on shelves. These products include a vegan pizza crust with ready-to-add toppings and baked lactose-free baguettes that are ready-to-eat and chocolate-coated crispy twin bars. These offerings were made available in Canada through online and offline channels.
  • April 2024: Edonia raised EUR 2 million (USD 2.23 million) to produce plant-based ingredients from microalgae. This allows Edonia to launch quickly within Europe, with plans for strategic partnerships to propel them into international markets.
  • February 2024: Roquette introduced four multi-functional pea proteins designed to enhance the taste, texture, and creativity of plant-based foods and high-protein nutritional products. These innovations provide various format and formulation options, delivering improved textures and high protein content for end products, including nutritional bars, protein drinks, plant-based meat, and dairy alternatives.
  • November 2022: Bel Group forged a strategic partnership with Standing Ovation to develop animal-free casein protein for incorporation into cheese products. This innovative animal-free casein provides Bel Group's cheeses with equivalent nutritional value, functional properties, and delectable taste profiles as traditional dairy-based cheese.
  • 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.

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