Meanwhile, research shows that the global market size for animal antibiotics is likely to more than triple in the next decade.
Following its debut, the two partners plan to expand the GippsNature portfolio to a full range of premium milk formulas and nutritional solutions for all life stages
Founded in 1991, Betagen is for its sterilized drinking yogurt and signature fermented milk products.
Phase 2 of the expansion is expected to be operational by November 2025.
The information is stated in the “Food & Drink 2025” report published by Brand Finance in mid-August.