15th September 2021 Ingredient / OFI
Olam Food Ingredients has confirmed plans to develop a new dairy-processing facility in Waikato after exiting its ownership of Open Country Dairy earlier this year.
The ingredient supplier will ramp up its retail range as well as push its B2B business from its expanded base.
With housebound consumers picking up the pinny, the global vanilla extract exporter has seen its channels change and sales lift.
Operating costs skyrocketed at the nutritional ingredient manufacturer during the six months to June.
Growing consumer demand and more interest from supermarkets is paving the way for expansion for gluten free pioneer Pavillion Foods.
Ingredients play follows acquisition by Singaporean conglomerate Wilmar International.
The growing importance of quality ingredients – and increasingly so-called clean ingredients – has been explored in a new piece of research which reveals that close to two thirds of consumers consider what is in the product before they buy it.
Increasing demand for processed food from consumers seeking healthy options is set to propel the worldwide food processing ingredient industry to grow by nearly 60% by 2028.
New Zealand dairy giants may not be milking it for much longer, with futurist Melissa Clark-Reynolds predicting major disruption in the pipeline for the sector.
Annual profit rises to $5.2m, but Covid delays push out development of a new Rolleston factory.