With a significant 75% of the global population experiencing lactose intolerance and rising environmental concerns, plant-based milks have come out as a popular alternative to traditional dairy. Valued at an impressive $20 billion globally, the plant-based milk industry is expected to double in sales over the next decade. In the United States alone, the dairy-free
Indian Dairy industry is currently lagging in terms of quality and supply Currently, India produces 220 billion litres of milk, and by 2030, production is expected to increase to between 280 and 290 billion litres. At that time, milk exports will become a necessity. To succeed in these exports, India must adhere to the three
Bengaluru: Direct-to-consumer food essentials startup Country Delight has raised ₹200 crore (about $25 million) in venture debt from Alteria Capital to fund its expansion, capacity building, and brand marketing efforts, the company said in a statement on Thursday. “At Country Delight, we have always been focused on solving a very fundamental problem for Indian consumers
NALGONDA: The Nalgonda and Rangareddy Districts Milk Producers Cooperative Society, known as Mother Dairy, has reduced the price of milk collected from dairy farmers twice in the last three months. For farmers within the society, the price of cow milk has been reduced by Rs 1.5 per litre, and buffalo milk by Rs 3 per
Profit before tax (PBT) stood at Rs 86.27 crore in Q2 FY25, registering a growth of 45.52% from Rs 59.28 crore recorded in the corresponding quarter previous year. During the quarter, total expenses jumped 28.77% YoY to Rs 920.91 crore. Cost of materials consumed stood at Rs 612.36 crore (down 7.48% YoY) while employee
The company reported revenue at ₹10,165 million, up 4.2% YoY and EBITDA at ₹832 million, up 7.8% YoY. EBITDA Margin is recorded at 8.16%, improving by 335 basis points. NEW DELHI: Heritage Foods, a leading dairy company in India, has reported a robust performance for the second quarter of the fiscal year 2025, showcasing significant
India is the largest milk producer in the world; it accounts for nearly 22-25% of the world’s production, according to the Food and Agriculture Organisation (FAO). According to a report by Fortune Business Insights, the country’s dairy market size was valued at $115.57 billion in 2022. This number is expected to reach $227.53 billion by
The Special Operations Group (SOG) police, in coordination with the Food and Drug Control Administration (FDCA), exposed a milk adulteration racket operating out of a residential property in Mityala area in Amreli. The authorities seized adulterated milk and arrested one suspect, Gunvant Shamji Kalsariya, with materials worth ₹2.21 lakh. The adulterated milk was being packaged
With a focus on “providing unadulterated milk” to citizens, Union Home and Cooperation Minister Amit Shah on Monday said that a detailed plan for White Revolution 2.0 has been “readied” to bring all 8 crore milk-producing farmers of the country under the purview of the cooperative National Dairy Development Board (NDDB). Shah was in Anand
EU-India trade pact unlikely if dairy access remains a demand, says Piyush Goyal – DairyDimension
Commerce and Industry Minister Piyush Goyal on Friday emphasised on understanding and respecting mutual sensitivities to fast-track India-EU free trade agreement talks, and said there would be no pact if the European Union insists on opening the dairy sector. Speaking at the Asia-Pacific Conference of German Business, the minister also said that “extraneous” issues like