Fonterra unveils third major investment
Fonterra is investing $150 million on a new cool store at its Whareroa site in Taranaki.
Over the past 12 months, Fonterra Oceania has launched a range of new dairy products in Australia and New Zealand.
The new products - like chilli and garlic brie, Anchor ghee and cheese snacking range - meet an increasing demand for products that offer both convenience and fuller flavours, reflecting broad lifestyle and taste trends.
Leveraging consumer insights, shopper behaviour, and quick-to-market capability, Fonterra Oceania says it's using innovation to add a little bit of luxury to the supermarket dairy shelf.
Fonterra Oceania director of marketing and innovation Renée Milkop-Kerr says it was important to constantly look for ways to innovate and improve products that help meet the changing needs and preferences of today's savvy consumers.
"Alongside convenience, there is a growing preference for fuller, richer flavours in dairy products. As palates evolve, people are looking for more indulgent taste experiences, whether through higher fat content in dairy or through more complex bold flavour profiles," Milkop-Kerr says.
Fonterra's new Mainland Special Reserve Chilli and Garlic Brie was launched in New Zealand addressing emerging flavour trends, especially during celebratory moments. Also in New Zealand, Anchor Double Cream was launched in time for the festive season and provides a richer, creamier, and more indulgent cream - tapping into the insight that people are looking for extra luxury when cooking and entertaining.
Fonterra Oceania says Australians and New Zealanders have demonstrated they love butter, but they frequently see it as the carrier of flavour rather than the flavour itself.
"Turning this belief around is the new Mainland Sweet Cinnamon Spreadable, available in Australia, which has shown that butter itself can be the flavour hero."
In New Zealand, Anchor Ghee was launched bringig high quality dairy to global cuisines - particularly for those who cook Indian and Sri Lankan dishes and love the high smoke point and slightly caramelised flavour compared to butter.
"Alongside convenience, there is a growing preference for fuller, richer flavour in dairy products.
"As palates evolve, people are looking for more indulgent taste experiences, whether through higher fat content in dairy or through more complex, bold flavour profiles," Fonterra Oceania says.
A new snacking range in Australia has been introduced under the Bega brand, leveraging 'Australia's most loved cheese' offering. This provides a healthier snacking option for many families and is perfect for the lunch box.
Two new Mainland natural cheese slice options were introduced in New Zealand, American Style Cheddar and Gouda, reflecting shopper preferences for convenience alongside flavour and quality.
Fonterra Oceania also launched Kapiti yoghurt singles in New Zealand, extending the range from the larger tub sizes to a snackable format, which introduced Kapiti to new shoppers.
Flavours include Succulent Summer Plum, Lush Lemo, Sweet Rhubarb and Vanilla, and the latest addition to the range, Fig and Manuka Honey, launched in April this year.
New research reveals that New Zealand households have made progress in reducing food waste over the past year, cutting the annual amount wasted by an estimated $300 million in the past year alone.
Voting is now open for this year’s DairyNZ director elections.
Today, public consultation begins on a series of proposals designed to strengthen New Zealand’s biosecurity system.
A former dairy farmer with a passion for breeding good cows has switched gears after farming in her own right.
OPINION: While dairy farmers were busy milking cows last Wednesday morning, 150 leaders and stakeholders of the industry gathered at Parliament over breakfast to celebrate their achievements.
First up to the podium at the recent Tractor and Machinery Association (TAMA) Conference in Wellington, Minster for Agriculture, Todd McClay, reflected on a difficult 12 months, but hinted at signs that things were turning the corner, saying “when ag does well, New Zealand does well”.
OPINION: Normally farmer good organisations are happy to use the media to get their message across to politicians and the…
OPINION: It's that time of the year again when milk processors announce their annual results and final milk payout for…