Tag: milk

Yili reports record high revenue $13.32 billion during three quarters

These record-high figures indicate a continuous improvement in Yili’s core business capabilities China’s Yili Group released its financial results for the first three-quarters of FY2023. During the reporting period, the company’s revenue amounted to 97.404 billion yuan ($13.32 billion) and net profit rose by 16.36 per cent. These record-high figures indicate a continuous improvement in Yili’s[Read More…]

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FAO Food Price Index dips by 0.5% in October

International quotations for rice, wheat, palm oil and pig meat decline The benchmark for world food commodity prices declined moderately in October, down by 0.5 per cent from September with the index for dairy products the only one to rise, the Food and Agriculture Organisation of the United Nations (FAO) reported.[Read More…]

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dsm-firmenich achieves regulatory clearance in China for HMO ingredients

The two HMOs that received approval in China include GlyCare 2’-fucosyllactose (2’-FL), the most prevalent HMO in human breast milk, and GlyCare lacto-N-neotetraose (LNnT) dsm-firmenich, the leading innovator in health, nutrition and beauty, announced that two of its human milk oligosaccharide (HMO) ingredients have been approved as fortifiers for infant[Read More…]

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Singapore’s TurtleTree debuts first-ever animal-free milk protein ‘lactoferrin’

While lactoferrin is already used in supplements and infant formulas today, supply scarcity means that demand cannot be met for other fertile segments like sports nutrition TurtleTree, a Singapore headquartered startup, has announced the debut of the world’s first precision fermentation-produced lactoferrin —LF+—a high-value bioactive milk protein and one of[Read More…]

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