Arla profits grow despite revenue decline

The Southeast Asia market is a growing one for Arla. Pic: ©Arla Foods.

Danish dairy co-operative Arla Foods has released its 2016 financial results, which show a decline in revenue as a result of the global price environment, but due to moving more milk from bulk to brands, net profit grew 20.7% to €356m ($374m).

Grupo LALA reported solid gains in Q4 of 2016 despite headwinds, its CEO said.

Grupo LALA posts solid Q4 results with plans to invest in US and Central America for 2017

Norway's crime unit opens investigation into TINE and Tetra Pak. Picture: Tetra Pak.

TINE and Tetra Pak investigated by Norwegian crime unit

Strong results reiterate Glanbia's nutrition focus; as firm announces Dairy Ireland spin-off

Strong results reiterate Glanbia's nutrition focus; as firm announces Dairy Ireland spin-off

The Dairy Pride Act, says supporters, simply requires the FDA to enforce standards of identity already enshrined in law

Dairy Pride Act is 'anti-competitive' and 'unconstitutional,' says Good Food Institute

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Retail & Shopper Insights

Lactalis McLelland has been awarded the Co-op tender for its own brand cheeses.

Lactalis McLelland gets Co-op own brand cheese contract

Source: iStock

Yogurt makers cut sugar but add fat and convenience to meet consumer demands

Along with the purchase of Murray's Cheese, Kroger will gain ownership of the specialty cheese retailer's flagship locations in New York City.

Kroger acquires Murray’s Cheese

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Manufacturers

© iStock / Saklakova

Kerry Group selects new CEO

Vitasoy and URC are creating a JV in the Philippines to create dairy-alternative beverages for the market. Pic: ©iStock/IgorDutina

Vitasoy and URC form plant-based beverage JV

Dean Foods saw declines in fluid milk sales in 2016, and the company is responding by zeroing in on its ice cream portfolio.

Lowered demand for milk hurts Dean Foods’ Q4, but focus on ice cream melts away fears for 2017

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Markets

The fair trade milk brand. Picture: C'est qui le Patron?

‘C'est qui le patron’ brand success leads to expansion into butter, crème fraiche and yogurt

The USDA House Agriculture Committee recognized the need to reform the US Dairy Program as many members have not benefited from it in the past.  ©iStock/nathan4847

US Dairy Program set to change following House Agriculture Committee Hearing

Shri Dilip Rath, from the NDDB, spoke on challenges and opportunities for India's dairy industry. Pic: ©iStock/RakeshPicholiya

Cooperatives can improve India’s dairy industry, NDDB chair says

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Ingredients

Sheep milk has untapped functional food potential: Review

Sheep milk has untapped functional food potential: Review

© iStock/ Andrey Popov

DSM sees profits soar as innovation drives success

AGRANA Fruit has purchased Argentinian company Main Process, which prepares fruit for yogurt and ice cream.

AGRANA Fruit acquires Argentinian company Main Process

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Regulation & Safety

Ausnutria Hyproca has received GRAS status for its goat's milk ingredients, and is now working on FDA approval for its Kabrita infant formula to be sold in the US.

Ausnutria Hyproca receives GRAS status for ingredients in goat’s milk infant formula

Saputo is pulling some specialty Gouda products from store shelves over Listeria concerns.

Saputo is the latest company to recall cheese from supplier Deutsch Käse Haus

Sargento is recalling all of its Colby cheese products due to possible Listeria contamination.

Sargento recalls seven cheese products for potential listeria contamination

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Processing & Packaging

© iStock/Ben185

Water emulsions can achieve up to 20% fat reduction

Elopak celebrates its 60th anniversary this year. Picture: Elopak.

Elopak looks back on six decades developing the Pure-Pak carton

The factory will produce more than 3bn carton beverage closures a year. Picture: Tetra Pak.

Tetra Pak to open $25m closures plant for carton packaging in 2018

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R&D

Researchers hypothesised that a high intake of fruits and vegetables or a high total antioxidant intake may counteract the observed associations of milk intake with mortality. ©iStock/smartin69

Excess milk intake may shorten life span in women, researchers claim

US dairy companies are able to take advantage of R&D tax credits. Pic: ©iStock/anyaivanova

How innovation and R&D can positively affect a US dairy company’s bottom line

There are great opportunites for manufacturers and researchers, says the University of Queensland. ©iStock

New Australian university centre eyes Asia opportunities for omega-3 and probiotics products

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Commodities

© iStock/bugphai

Brexit-proof? Irish food and drink 2016 exports exceed €11 billion

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Russia says it is revelling after 2014 Western food embargo but could an end be in sight?

© iStock/demaerre

From farm to fork: How much do you know about where Europe's food comes from?

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Popular News

Danone aims to complete renovation of its space in White Plains by early 2018. Photo: Google Maps

Danone relocating US headquarters

Prairie Farms aims to promote the livelihood of Indiana dairy farmers by keep processing and production in the state while expanding its distribution footprint.

Prairie Farms embarks on $8.7m plant expansion to broaden dairy production

fairlife Superkids is currently rolling out across the US

Coca-Cola’s fairlife launches ‘Superkids’ milk

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