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Retail, Trade & Market Updates
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FDA suspends milk quality testing amid budget cuts raising safety concerns
The suspension affects the FDA’s Proficiency Testing Program for Grade “A” raw milk and finished dairy products
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India rejects U.S. dairy imports over animal feed concerns, stalling trade talks
India have insisted that U.S. dairy products, such as butter and cheese, will not be allowed unless the U.S. adopts India’s vegetarian certification standards
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Nigeria strengthens dairy industry ties with Denmark
The collaboration focuses on capacity building, knowledge sharing, and investment to create a sustainable dairy industry
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Saudia Dairy and Foodstuff Company posts strong sales, profit growth in 2024
Net profits increased by 18.5% to US$75.2 million, up from US$63.5 million in 2023, while sales rose 7.8% to US$672.4 million.
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Fortified dairy products market set to reach US$51B by 2035
The surge in health awareness and dietary consciousness worldwide is fueling the popularity.
