Nestlé , the manufacturing powerhouse behind household brand names such as NESTOMALT, MILO, MAGGI noodles, MAGGI Coconut Milk Powder and local NESCAFÉ variants, works with over 10,000 dairy farmers and sources coconuts from approximately 8,000 farmers. Its production of coconut milk powder not only supports local farmers but also contributes to the economy through exports, bringing in nearly Rs14 billion worth of foreign currency in 2023 alone. Read more of these insights from Managing Director of Nestlé Sri Lanka Bernie Stefan:
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How is the #dairyindustry responding to the demand for healthier products, clean labels, and changing food purchasing habits through #technology and #innovation? In the dynamic #dairy industry, adapting to #consumertrends and technological advancements is imperative. Beyond technological capabilities, leveraging #localmarket insights is crucial for creating value and margin-rich products. The industry navigates shifts like the rise of #healthysnacking, increased off-premise #food consumption, and #onlineshopping by enhancing #technology, data use, and personalized offers for a seamless supply-demand balance. Explore the market overview: https://lnkd.in/de3gCecn Key Players: Saputo Inc., Inner Mongolia YILI Industry Group, Lactalis Group, Gujarat Cooperative Milk Marketing Federation Ltd., Britannia Industries Limited, Dairy Farmers of America, China Mengniu Dairy Co Ltd. #AMR #DairyInnovation #CleanLabelDairy #FunctionalFoods #HealthierChoices #TechInFood #ConsumerTrends #SmartRetail #DairyTech #FoodTech #DairyIndustryTrends #HealthySnacking #DigitalTransformation #MarketInsights #SustainableDairy #PersonalizedNutrition #AgTech #FoodInnovation #SupplyChainTech #SmartRetailing
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🌿 India's Dehydrated Onion Industry!🌿 As the demand for convenient and shelf-stable food products continues to rise, the dehydrated onion market in India is experiencing significant growth and evolution. Here are some key updates and trends shaping the industry: 1️⃣ Rising Export Demand: India remains a leading exporter of dehydrated onion products globally. Recent data indicates a steady increase in export demand, with Indian suppliers catering to diverse international markets. 2️⃣ Technological Advancements: With advancements in technology, Indian manufacturers are adopting innovative dehydration techniques to enhance the quality and efficiency of their onion processing operations. This focus on technology is improving product consistency and reducing production costs. 3️⃣ Quality Assurance Initiatives: To meet stringent international quality standards and ensure food safety, Indian dehydrated onion producers are investing in quality assurance measures and obtaining relevant certifications. This commitment to quality is bolstering consumer confidence and expanding market reach. 4️⃣ Product Diversification: Beyond traditional dehydrated onion flakes and powder, there's a growing trend towards product diversification. Indian companies are introducing value-added variants such as diced onions, onion granules, and specialty blends tailored to meet the evolving needs of consumers and foodservice clients. 5️⃣ Sustainability Efforts: Sustainability is gaining prominence in the dehydrated onion industry, with Indian suppliers implementing eco-friendly practices throughout the production process. From energy-efficient dehydration methods to waste reduction initiatives, the focus on sustainability is aligning with global market trends and consumer preferences. 6️⃣ Market Expansion:The domestic market for dehydrated onion products is also witnessing steady growth, driven by increasing consumer awareness about the convenience and nutritional benefits of dehydrated onions. This growth presents opportunities for local suppliers to cater to the burgeoning demand from food manufacturers, retailers, and culinary enthusiasts across India. As the dehydrated onion industry in India continues to thrive and innovate, it's exciting to witness the sector's contribution to the country's agro-processing landscape and its role in fulfilling global food supply needs. Let's stay connected to stay updated on the latest developments in India's dehydrated onion market! 💼🌱 #DehydratedOnions #AgroProcessing #FoodIndustry #IndiaExports #Sustainability Featured in the Times of India: Chairman Vitthalbhai Koradiya on India's Dehydrated Onion Market 🌟 "By leveraging advanced technology and sustainable practices, we are committed to setting new benchmarks in quality and global competitiveness." - Vitthalbhai Koradiya
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There’s some good news in today’s Situation and Outlook report, from Dairy Australia. Australia’s national milk production is gradually starting to grow – great signs for the industry off the back of years of decline. Fortunately, consumers demand for dairy continues, with the volume of dairy sold in Australia growing. Sales of butter are up one per cent, block cheese is up 2.5 per cent and yoghurt sales have risen by 5.7 per cent – with the standout performer plain Greek yoghurt with sales up a whopping 17 per cent. It means more Australians are enjoying the health benefits of dairy. However, the cost-sensitive nature of consumers also continues to lead many Australian households towards private label products – with milk most impacted. The watch out, is many private label products are imported. We need Australian made, Australian branded dairy products so consumers know they’re buying great quality and taste. More than this it means you’re helping support a sustainable and vibrant dairy industry and helping keep manufacturing local. So, raise a glass of milk to your neighbour! For the full report: https://lnkd.in/gnRXcMdj More for ADPF: adpf.org.au Dairy Australia
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The recent India Plant-Based Foods Show in New Delhi sprouted a new contender in the global plant-based food race. Organized by the Plant Based Foods Industry Association (PBFIA) at the prestigious Bharat Mandapam, the event showcased over 25 innovative Indian brands, captivating international investors and planting a seed for India's dominance in the global plant-based food industry. With investor sessions already planned for the upcoming 3rd Plant Based Foods Summit in May, India's plant-based food sector is poised for delicious growth. I sat down with Sanjay Sethi, Executive Director, PBFIA, to understand the future of plant-based food germinating in the country. #PlantBasedFood #PBFIA #PlantBased #BharatMandapam #Sustainability #Innovation #NewDelhi #India #PlantRevolution #FoodIndustry EY India Trade Promotion Organisation (ITPO) U.S. Soybean Export Council (USSEC) ProVeg International Plant Based Foods Industry Association (PBFIA) https://lnkd.in/gaCP8RSS
India’s plant-based food market set to boom, reaching $5 bn by 2032: PBFIA
bizzbuzz.news
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IndustryARC™ 𝐏𝐫𝐞𝐩𝐚𝐫𝐞𝐝 𝐧𝐞𝐰 𝐫𝐞𝐩𝐨𝐫𝐭 𝐨𝐧 𝐀𝐏𝐀𝐂 𝐃𝐚𝐢𝐫𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 (𝟐𝟎𝟐𝟒 - 𝟐𝟎𝟑𝟎) The Dairy Products market size was estimated at USD 517.40 billion in 2023 and is projected to reach USD 684.54 billion in 2030 at a CAGR of 4.08% during the forecast period 2023-2030. ➡️ 𝑫𝒐𝒘𝒏𝒍𝒐𝒂𝒅 𝑺𝒂𝒎𝒑𝒍𝒆 𝑹𝒆𝒑𝒐𝒓𝒕 @ https://lnkd.in/gZP_rv8f 𝐑𝐢𝐬𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 The APAC dairy market is experiencing significant growth, driven by factors like increasing population, urbanization, and rising disposable incomes. Consumers in the region are increasingly able to afford dairy products, which are seen as a symbol of a healthy and prosperous lifestyle. 𝐒𝐡𝐢𝐟𝐭𝐢𝐧𝐠 𝐏𝐫𝐞𝐟𝐞𝐫𝐞𝐧𝐜𝐞𝐬 Consumers in the APAC region are becoming more health-conscious and are demanding dairy products that are perceived to be natural, nutritious, and free from artificial ingredients. 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐯𝐚𝐫𝐢𝐚𝐭𝐢𝐨𝐧𝐬 There are significant variations in dairy consumption habits across the APAC region. For example, milk consumption is high in China and India, while cheese consumption is higher in developed countries such as Australia and New Zealand. Dairy companies need to tailor their strategies to the specific needs of each market. ➡️ 𝑭𝒐𝒓 𝑴𝒐𝒓𝒆 𝑰𝒏𝒇𝒐𝒓𝒎𝒂𝒕𝒊𝒐𝒏 @ https://lnkd.in/ga5YyG4Y 𝐊𝐞𝐲𝐩𝐥𝐚𝐲𝐞𝐫𝐬 : New Zealand Dairy Products (BD) Ltd. |Dairy Farmers |Danone |Almarai - المراعي |IFFCO Group |Fonterra |Arla Foods |FrieslandCampina |COFCO International |Mazoon Dairy (S.A.O.C) |Greenfields Dairy Group |Bulla Dairy Foods |Golden State Foods |National Food Products Company | NFPC Group |Westland Milk Products |Iran Dairy Industries Co. (PEGAH) پگاه |NADEC Foods |Saputo Inc. |Goodman Fielder |AWAL DAIRY COMPANY W.L.L. |Ornua |KDD |Emirates Food Industries |Lactalis Australia |Palsgaard A/S |Parmalat Australia |Mewah Group |JAPFA |Great Giant Foods |MIHAN industrial group |Tnuva |Anchor Food Professionals |Talley's Limited |Shirin Asal Food Industrial Group |Century Pacific Group |Kenana Sugar Company Limited |Morinaga Milk Industry |Morinaga Probiotics Center |YEMANY (S.Y.C) ✨ (𝐂𝐫𝐞𝐝𝐢𝐭 𝐂𝐚𝐫𝐝 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐟 𝟏𝟎𝟎𝟎$ 𝐨𝐧 𝐚𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞𝐬 | 𝐔𝐬𝐞 𝐂𝐨𝐝𝐞: 𝐅𝐋𝐀𝐓𝟏𝟎𝟎𝟎 𝐚𝐭 𝐜𝐡𝐞𝐜𝐤𝐨𝐮𝐭) 👉 https://lnkd.in/gAd3HQjr #DairyMarket #DairyIndustry #DairyProducts #Milk #Cheese #Yogurt #Butter #IceCream #CottageCheese #Cream #DairyFarming #DairyProcessing #DairySupplyChain #OrganicDairy #DairyNutrition #DairyInnovation #SustainableDairy #DairyTechnology #FarmToTable #MilkLife
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China's 🇨🇳 insatiable appetite for dairy 🥛🧀 China's dairy sector is MOOving fast, with sales set to top $100 billion by 2025. This cash cow market has an unquenchable thirst for milk and offers fertile ground for innovative dairy brands to graze. Udder-ly enormous potential 🐄 Dairy consumption has tripled since 2000 as incomes rise, turning white gold into a nutritional must-have. But per-capita intake still lags developed markets, suggesting the growth tap hasn't run dry. While sales take off in cities, rural areas remain an untapped dairy El Dorado. Got milk? China doesn't. 🚛 Despite ramping up domestic production, China depends on milk imports, especially from New Zealand. Local giant Yili rules the roost, but foreign firms are hungry for a slice of the action. With consumers splurging on premium cheese and organic milk, there are still juicy opportunities for high-end brands to butter up Chinese shoppers. Out-of-home dining drives demand 🍽 As eating out in China becomes the norm, dairy firms need innovative solutions for food service providers. Partnering with restaurants and cafés allows brands to pour their products straight into Chinese consumers' glasses and bowls. The future is bright for those jostling for their spot in China's dairy boom. Companies that can quench the country's thirst for milk and unlock the potential of this cash cow market will reap lucrative rewards.
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Expanding Global Reach, Innoterra's Commitment to Sustainable Growth! In a recent feature by #HinduBusinessLine, Innoterra’s leadership shared exciting developments on our journey to expand exports of basmati rice and spices from India. With increasing global demand, Innoterra is strategically scaling its bulk commodities business, investing in backward integration, and enhancing its sourcing capabilities. Key Takeaways from Pascal Foehn, Group CEO: “We are set to increase rice exports to 40,000 tonnes this year, up from 25,000 tonnes last year, while exploring investment in a rice mill in India within the next 12-18 months.” Innoterra’s commitment to profitable growth remains strong, with a projected $60-80 million topline for this year, further supported by operational break-even achieved in February. Alongside rice, we are broadening our spice exports, with plans to add cumin and other products to our growing portfolio, tapping into global markets. At the core of our strategy is our agritech platform, FarmLink, which connects farmers directly with retailers. With over 7,600 retailers active today, we plan to double this number by next year. This momentum highlights our vision to not only grow but to build a sustainable, tech-enabled supply chain that benefits both farmers and consumers globally. Read the detailed article here on Hindu Business Line – https://lnkd.in/dS-aSsEW #Innoterra #SustainableGrowth #GlobalExports #BasmatiRice #SpicesExport #FoodTech #IndiaExports #AgricultureInnovation #FarmLink #LeadershipInsights #ScalingUp #GlobalTrade #SustainableFoodSystems #InnoterraGlobalFoods #InnoterraNutrition #InnoterraRiceandSpices
Innoterra to scale up exports of basmati rice, spices from India
thehindubusinessline.com
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IndustryARC™ 𝐏𝐫𝐞𝐩𝐚𝐫𝐞𝐝 𝐧𝐞𝐰 𝐫𝐞𝐩𝐨𝐫𝐭 𝐨𝐧 𝐁𝐚𝐧𝐚𝐧𝐚 𝐏𝐨𝐰𝐝𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 (𝟐𝟎𝟐𝟒 - 𝟐𝟎𝟑𝟎) Global Banana Powder Market size was valued at USD 1.16 Billion in 2021 and is poised to grow from USD 1.25 Billion in 2022 to USD 2.42 Billion by 2030, at a CAGR of 7.6% during the forecast period (2023-2030). ➡️ 𝑫𝒐𝒘𝒏𝒍𝒐𝒂𝒅 𝑺𝒂𝒎𝒑𝒍𝒆 𝑹𝒆𝒑𝒐𝒓𝒕 @ https://lnkd.in/gRA3mQiU 𝐑𝐢𝐬𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐎𝐫𝐠𝐚𝐧𝐢𝐜 𝐕𝐚𝐫𝐢𝐚𝐧𝐭𝐬: Consumers are increasingly health-conscious and environmentally aware, leading to a surge in demand for #organic banana powder. 𝐄𝐱𝐩𝐚𝐧𝐝𝐢𝐧𝐠 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬: Banana powder is no longer just a baking ingredient. It's finding new uses in #cosmetics, #pharmaceuticals, and even #animalfeed. This diversification is helping to expand the market for banana powder. 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐏𝐨𝐩𝐮𝐥𝐚𝐫𝐢𝐭𝐲 𝐢𝐧 𝐀𝐬𝐢𝐚 𝐏𝐚𝐜𝐢𝐟𝐢𝐜: The #AsiaPacific region is a major consumer of banana powder, and this trend is expected to continue. This is due to factors such as rising disposable incomes and increasing #urbanization. ➡️ 𝑭𝒐𝒓 𝑴𝒐𝒓𝒆 𝑰𝒏𝒇𝒐𝒓𝒎𝒂𝒕𝒊𝒐𝒏 @ https://lnkd.in/gCaNJAwN 𝐊𝐞𝐲𝐩𝐥𝐚𝐲𝐞𝐫𝐬 : Flour Bakery+Cafe | National Flour Mills Limited | Malayan Flour Mills Berhad | Honeywell Flour Mills Plc | Crown Flour Mills | Kuwait Flour Mills & Bakeries Co.| Dole Food Company | Naturz Organics | Absolute Organics | Urban Platter | Van Drunen Farms | Lemonconcentrate SLU | Nutradry Pty Ltd | Kanegrade Ltd. | Mevive International Food Ingredients |Safety Fresh Foods | Naturz Organics | Shaanxi Engineering Construction Company |NuNaturals |Aarkay Food Products Ltd |Mevive International Food Ingredients |Naturalin Bio-Resources Co., Ltd |Dr.Food Banatone |Royal Nut Company |TAJ AGRO |National Food N Spices. ✨ (𝐂𝐫𝐞𝐝𝐢𝐭 𝐂𝐚𝐫𝐝 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐟 𝟏𝟎𝟎𝟎$ 𝐨𝐧 𝐚𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞𝐬 | 𝐔𝐬𝐞 𝐂𝐨𝐝𝐞: 𝐅𝐋𝐀𝐓𝟏𝟎𝟎𝟎 𝐚𝐭 𝐜𝐡𝐞𝐜𝐤𝐨𝐮𝐭) 👉 https://lnkd.in/gw_rz7Vh #BananaPowder #BananaProducts #HealthyLiving #Nutrition #HealthBenefits #FoodIndustry #NaturalIngredients #OrganicFood #FoodProcessing #HealthFood #DietarySupplements #PlantBased #VeganOptions #HealthySnacks #FunctionalFoods #FitnessFuel #SmoothieBoost #DessertIdeas #SustainableFood #FarmToTable
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The future of India's agro-product export market is highly promising due to increasing global demand for food security, organic products, and value-added agricultural goods. Several trends and factors are shaping the export potential of India's agricultural sector: 1. Growing Global Demand for Organic and Healthy Foods With rising health consciousness worldwide, there is increasing demand for organic and natural products like spices, grains, fruits, and vegetables. India, being one of the largest producers of organic food, is well-positioned to benefit from this trend. Indian organic products like organic basmati rice, organic spices, and pulses are already seeing high demand in markets like the U.S., Europe, and the Middle East. 2. Processed and Value-Added Products India's export market is shifting from raw agricultural products to value-added and processed foods like frozen fruits and vegetables, ready-to-eat meals, and packaged snacks. The food processing industry is growing rapidly, with government incentives to boost exports of processed goods, especially in dairy, seafood, and horticulture sectors. 3. Expansion into New Markets Traditionally, Indian agro exports have been focused on the U.S., Europe, and the Middle East. However, there is increasing demand from African, Southeast Asian, and CIS countries for Indian agricultural products. The government is negotiating more Free Trade Agreements (FTAs) and improving trade relations with countries in Africa, Latin America, and East Asia, which will open up new markets for Indian agro products. 4. Focus on High-Value Crops High-value crops like spices, tea, coffee, and cashews continue to see strong global demand. India is the world’s largest producer and exporter of spices, such as black pepper, turmeric, cumin, and cardamom, which enjoy a large market share globally. In addition to spices, horticultural products like grapes, mangoes, and pomegranates are becoming more popular in overseas markets due to their quality and taste. #import #export #exportmarket #globalmarket #exportbuyer #business #indianmarket #shipping
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🌍 Natural Honey Export Market: A Comprehensive Overview 🍯 Natural honey, classified under HSN code 0409, is gaining momentum globally due to its diverse applications and numerous health benefits. Here's a snapshot of the natural honey export market: 📊 Market Overview: The global natural honey market was valued at approximately $2.68 billion in 2023 with a total export volume of 1.82 million tons. Projected to grow at a CAGR of 5.70% from 2024 to 2029, the market is expected to reach $13.5 billion by 2029. 🏢 Key Players in the Indian Market: Dabur Patanjali Apis India Emami Limited Hitkary Pharmacy Private Limited These companies are enhancing their market presence through mergers, acquisitions, and product innovations. 📈 Market Drivers: Health Consciousness: Growing awareness of honey's antioxidant properties and natural sweetening capabilities. Rising Demand for Natural Sweeteners: Consumers are shifting away from refined sugars. Diverse Applications: Beyond food and beverages, honey is also used in cosmetics and pharmaceuticals. 🌟 Market Opportunities: Expansion in Emerging Markets: Growing demand in Asia and Africa. Product Innovation: Flavored and organic honey varieties are attracting health-conscious consumers. Sustainability Trends: Focus on sustainable and organic farming practices. ⚠️ Market Restraints: Availability of Substitutes: Alternatives like agave syrup may limit market share. Price Fluctuations: Factors like climate change and bee population decline affect market stability. Regulatory Challenges: Compliance with food safety regulations can be a hurdle. 🌍 Leading Honey Exporters (2023): China: $254.21 million New Zealand: $242.45 million Argentina: $168.76 million India: $153.82 million 🌟 Top Importing Destinations (2023): United States: $584.65 million Germany: $317 million Japan: $160 million #NaturalHoney #ExportMarket #FoodIndustry #Sustainability #HealthTrends #GlobalTrade #Agriculture
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