The Australian and New Zealand market for lactose-free dairy products and alternatives is projected to reach EUR938 million With rising lactose intolerance affecting an estimated 30-60 per cent of the population in Australia and New Zealand, Kerry is meeting surging demand for lactose-free dairy options in the region through its[Read More…]
New Zealand
Arnott’s Group acquires New Zealand’s three food brands
The newly acquired brands are well-known in New Zealand’s nutritional snack market, providing a variety of products such as muesli bars, baked slices, nuts, and snack mixes The Arnott’s Group announced it acquired three well-known New Zealand brands—Mother Earth, Flemings, and VP—from food manufacturer Prolife Foods Limited. The newly acquired[Read More…]
Samyang Corporation achieves novel food approval for allulose in Australia and New Zealand
Allulose is a rare sugar with 70 per cent of the sweetness of sucrose but nearly zero calories Samyang Corporation is the first allulose producer globally to enter the Australian and New Zealand markets. Samyang recently announced that it has received FSANZ approval to sell allulose as a safe food ingredient in Australia and New[Read More…]
New Zealand report highlights risk to vegetable prices
The analysis includes an examination of the economic implications of proposed regional regulations A new report by the New Zealand Institute of Economic Research (NZIER) warns that fresh vegetable prices could rise significantly if the Government does not act quickly to establish a clear and workable regulatory framework for vegetable[Read More…]
Fonterra revises strategy to grow business
This follows a strategic review that confirmed the Co-op’s strengths as a B2B dairy nutrition provider, resulting in Fonterra’s decision to explore divestment options for its global Consumer businesses Fonterra Co-operative Group Ltd has released its revised strategy, which will see the Co-op deepen its focus on its high-performing Ingredients[Read More…]
Intertek Caleb Brett expands testing capabilities for animal fats and used cooking oils
This enhancement makes New Plymouth the only laboratory in New Zealand capable of providing comprehensive testing for these critical materials Intertek, a leading Total Quality Assurance provider to industries worldwide announced the expansion of its New Plymouth laboratory’s testing capabilities to include full specification analysis of Animal Fats (AF) and[Read More…]
Fonterra to invest $150Mn in New Zealand
Fonterra has announced significant strategic investments to expand and upgrade its operations Fonterra has announced a further investment in its operations with around $150 million earmarked for a new cool store at its Whareroa site in Taranaki, New Zealand. This announcement follows recent news of a new protein plant at[Read More…]
Fonterra to invest $150 Mn in New Zealand
Fonterra has a thriving food service business in Asia where demand is growing by integrating dairy into traditional foods such as laksa and milk tea Fonterra is set to invest $150 million to build a new UHT cream plant at its Edendale site in Southland to meet growing demand through[Read More…]
Fonterra to expand Studholme site to grow protein ingredients offering
The investment of around $75 million is part of the Co-op’s strategy to grow value through its world-leading Ingredients business Fonterra is set to expand its Studholme site on the South Island, New Zealand to create a hub for high-value proteins. Fonterra’s proteins have enhanced functionality and are designed to[Read More…]
New Zealand takes action in response to Australia’s tomato virus find
All imported tomatoes from Australia currently come from Queensland and not South Australia Biosecurity New Zealand has placed import restrictions on tomato seed imports from Australia, after the detection of tomato brown rugose fruit virus at 2 South Australian growing properties. “We’ve stepped up our biosecurity requirements in response to[Read More…]
