Showing posts with label Food Processing. Show all posts

27 June 2016

A 3 Million Euro Dairy Farm Supported by Ethical Banking

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The Simentalac Association and BIZ dairy farm are forming a cooperative to make them independent from resellers and traders

The family dairy farm BIZ from the Požega Golden Valley, the Kutjevo association Simentalac and Cooperative for Ethical Financing (ZEF) have joined their potential in a joint project called “I Make Milk”, presented on Thursday to residents of the Croatian capital with the slogan Brunch on Flower Square, Poslovni Dnevnik reports on June 25, 2016.

The goal of this trefoil is to divert attention of the public to the problem of the endangered dairy sector, especially small producers, while motivating citizens and business structures to donate through a campaign lasting until July 15 and support the dairy farm, boosting ten social programs and enabling dairy supply for several institutions and public kitchens in Zagreb that care for lower income population groups.

Government allows 100% FDI for online grocery startups

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In a boost to retailers and grocery startups such as Bigbasket and Grofers, the government on Monday allowed 100% FDI in food retail, including through e-commerce, provided such items are produced, processed or manufactured in the country.

This will allow multi-brand retail giants such as Walmart to look at their food business here closely and perhaps even foray into B2C food retail. Currently, the US giant operates a B2B business here since FDI in multi-brand retail is not allowed. The US retailer has built a strong backend infrastructure in food. Similarly, the move will help Indian hyper-local grocery startups raise funds more easily.

Dairy Processing Equipment Market Forecast

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Dairy Processing Equipment Market by Type, by Application & by Region - Global Forecast to 2020

"Dairy processing equipment market projected to grow at a CAGR of 5.4%"

The global dairy processing equipment market is projected to reach USD 10.90 billion by 2020, growing at a CAGR of 5.4% from 2015 to 2020. This market is witnessing growth due to a number of factors such as dairy farmers getting more milk per cow, dairy processers increasing their output, and the rise in global demand for dairy products. This rise is due to the availability of a variety of dairy products that appeal to consumers. This demand is also fueled by the population growth, rapid urbanization, increased disposable income, and the emergence & modernization of cold chain facilities such as refrigerated transport & storage.

Food Processing Industries Developing Fast

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The Ministry of Food Processing Industries (MoFPI) is concerned with formulation and implementation of the policies and plans for the food processing industries within the overall national priorities and objectives. In the era of economic liberalisation, all segments including; private, public and co-operative sectors have defined roles to play and the Ministry promotes their active participation.

Benefits of food processing: