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asia

These are all the posts that have been tagged with asia.

Ornua publishes 2016 review

Ornua has published a review of its 2016 operational and financial performance. It delivered a strong trading performance in 2016 and turnover rose by 9%, on a like for like basis, to €1.75 billion.

Stephen Jones

Stephen Jones, director and co-founder, Somerdale International

Prices improve for milk ingredients

A better balance between supply and demand over the last year has improved prices, despite the build-up of EU intervention stocks in 2016, says a new report on milk ingredients from 3A Business Consulting.

Northern Irish in export drive

Sales of almost £4 million (€4.7m) for dairy products from Northern Ireland companies were achieved over the past two years from a major marketing initiative part funded by the European Union.

Danone launches €1 billion efficiency programme

Danone has launched a €1 billion efficiency programme. CEO Emmanuel Faber notes, “While we delivered a robust performance in 2016, the challenges we faced, including a slower turnaround of dairy in Europe and major market volatility, are a clear case to step up in our ability to seize consumer opportunities and improve our efficiency.

Free-from and organic growing quickly

According to new research from Euromonitor International, foods and beverages offering health benefits, such as free-from, and organic properties, drove value sales in 2016, with organic increasing by 6.8 percent to reach US$36 billion (€33.8bn) and free-from increasing by 7% to reach US$32 billion (€30bn).

Trending now

Interest in Austrian products is growing in China, Salzburg Milch reported last week. Another example of cross-border trade is Fonterra’s move to make whiter butter for the Middle Eastern market.

Vilsack named at US Dairy Export Council

The US Dairy Export Council (USDEC) says that former US Department of Agriculture secretary Tom Vilsack has joined the organisation as president and CEO, effective 1 February.

Aseptic market to grow by 2022

The market for aseptic processing, by equipment is projected to reach US$12.24 billion (€11.5bn) by 2022, growing at a CAGR of 3.8% from 2017, in terms of value, according to a report from Markets and Markets.