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<keyword id="19934680" type="General" weightage="20" keywordseo="Amul" source="keywords" meta.keywordsubtype="org" meta.entityname="Amul" meta.hostid="261" meta.entityid="Amul">Amul</keyword>, has been recognized as the strongest food and <keyword id="20467955" type="General" weightage="20" keywordseo="dairy-brand" source="keywords">dairy brand</keyword> globally, according to the <keyword id="20220223" type="General" weightage="20" keywordseo="Brand-Finance" source="keywords" meta.keywordsubtype="org" meta.entityname="Brand Finance" meta.hostid="261" meta.entityid="Brand Finance">Brand Finance</keyword> Food &amp; Drink 2024 report. In a post on X (formerly Twitter), Amul posted, "We are pleased to inform you that Amul is ranked as the strongest <keyword id="22460165" type="General" weightage="20" keywordseo="food-brand" source="keywords">food brand</keyword> and strongest dairy brand in the world as per Food &amp; Drink 2024, the annual report on the most valuable and strongest food, dairy &amp; non-alcoholic drinks brands by @BrandFinance , world's leading brand consultancy" The annual report by Brand Finance, a global brand valuation consultancy, highlights the growing influence of Amul in the international market. The company's <keyword id="22862818" type="General" weightage="20" keywordseo="brand-strength" source="keywords">brand strength</keyword> was evaluated with a Brand Strength Index (BSI) score of 91.0 out of 100, earning it the prestigious AAA+ rating. Amul's performance in familiarity, consideration, and recommendation metrics solidified its position as a global leader in the food and dairy sectors. While Amul shines in brand strength, the report identifies Nestle and Lay's as leaders in brand value. Nestle retained its title as the world's most valuable food brand, despite a 7 per cent decline in brand value to USD 20.8 billion. The company's ability to adapt to changing consumer preferences and maintain a diverse product portfolio has been key to its enduring success. Lay's, on the other hand, saw a 9 per cent increase in brand value, rising to USD 12 billion and securing the second spot globally. Lay's innovative product offerings, including its Flavour Swap and MAX lineups, have driven its brand value growth. The Brand Finance report also notes a 4 per cent decline in the overall brand value of the food and beverage sector, now totalling around USD 268 billion. This decline is attributed to consumers increasingly favoring smaller, private-label brands offering unique, personalized products over traditional big names. Convenience foods, however, are bucking the trend, with rising brand value due to growing demand from busy consumers. Brands like Healthy Choice and DiGiorno have seen a 17 per cent increase in brand value, driven by innovative product releases and strategic marketing. Amul's ascension as the world's strongest food and dairy brand is a testament to its consistent innovation, effective marketing strategies, and strong consumer trust. The cooperative's commitment to quality and its extensive product range has made it a household name not just in India but across the globe. With an 85 per cent share in the Indian butter market and a 66 per cent market share in cheese, Amul's brand equity continues to grow stronger each year. The dairy industry, however, faces its own set of challenges. The report notes a 6 per cent dip in the total brand value of the top 10 dairy brands, now at USD 43.8 billion. Despite this, Amul has retained its title as the strongest dairy brand for the fourth consecutive year, thanks to its unique cooperative structure and impactful branding efforts. Meanwhile, Valio, a Finnish dairy brand, has emerged as the fastest-growing dairy brand, with a 31 per cent increase in brand value, driven by its acquisition of Planti, a producer of plant-based dairy alternatives. Sustainability continues to be a critical factor for brands. Nestle leads the food sector with the highest Sustainability Perceptions Value at USD 1.4 billion, while Coca-Cola tops the non-alcoholic drinks sector with a value of USD 5.2 billion. The report suggests that brands like Lay's and Pepsi, with high positive gap values, could further enhance their market positions by better communicating their sustainability efforts. SEE ALSO: <a href="https://www.businessinsider.in/business/telecom/news/reliance-jio-and-airtel-gained-over-3-million-subscribers-in-june-vi-lost-nearly-a-million/articleshow/112670406.cms">Reliance Jio and Airtel gained over 3 million subscribers in June, Vi lost nearly a million</a> <a href="https://www.businessinsider.in/tech/mobile/news/the-iphone-pro-models-will-be-made-in-india-for-the-first-time-this-year/articleshow/112653019.cms">The iPhone Pro models will be made in India for the first time this year</a> <a href="https://www.businessinsider.in/stock-market/webstories/orient-technologies-ipo-price-band-to-risk-factors-all-you-need-to-know/slidelist/112646237.cms">Orient Technologies IPO – Price band to risk factors, all you need to know</a>

Amul emerges as world's strongest food and dairy brand, topping global rankings in Brand Finance Food & Drink 2024 Report

Yogurt and Greek yogurt are two popular dairy products enjoyed by people worldwide for their creamy texture, tangy flavor, and numerous health benefits. While they may seem similar at first glance, there are significant differences between the two that affect their taste, texture, and nutritional profile. Let's delve into the distinctions between yogurt and Greek yogurt to understand what sets them apart. What is Yogurt? Yogurt is a fermented dairy product made by adding bacterial cultures to milk, typically from cows, goats, sheep, or buffalo. These cultures ferment the lactose in the milk, converting it into lactic acid, which gives yogurt its characteristic tangy flavor and thick texture. Traditional yogurt is strained to remove excess whey, resulting in a creamy consistency. What is Greek Yogurt? Greek yogurt, also known as strained yogurt or yogurt cheese, undergoes a similar fermentation process to regular yogurt. However, it is strained multiple times to remove most of the whey, resulting in a thicker, creamier texture and a higher concentration of protein. Greek yogurt is typically made from cow's milk but can also be made from sheep's milk or goat's milk. Key difference: 1. Regular yogurt has a smooth, creamy texture with a slightly viscous consistency. Greek yogurt is much thicker and creamier than regular yogurt due to the additional straining process, resulting in a velvety texture that is almost custard-like. Taste: 2. Both yogurt and Greek yogurt have a tangy flavor, but Greek yogurt tends to be more tart and tangy due to its higher protein content and lower sugar content. Nutritional Profile: 3. Greek yogurt is higher in protein and lower in carbohydrates compared to regular yogurt, making it a popular choice for those seeking to increase their protein intake or reduce their carbohydrate consumption. Regular yogurt may contain slightly more calcium and other vitamins and minerals, depending on the brand and any fortification added. Versatility: 4. Both yogurt and Greek yogurt are versatile ingredients that can be used in a variety of sweet and savory dishes. Greek yogurt's thicker texture makes it particularly well-suited for recipes that require a creamy consistency, such as dips, dressings, and desserts. Price: 5. Greek yogurt tends to be more expensive than regular yogurt due to the additional straining process required to produce it. Which One Should You Choose? The choice between yogurt and Greek yogurt ultimately depends on personal preference and dietary needs. If you prefer a thicker, creamier texture and are looking to boost your protein intake, Greek yogurt may be the better option for you. On the other hand, if you enjoy a smoother texture and are seeking a more budget-friendly option, regular yogurt may be the way to go. While yogurt and Greek yogurt share many similarities, their differences in texture, taste, and nutritional content make them distinct dairy products with unique qualities. Whether enjoyed on its own, used as a topping, or incorporated into recipes, both yogurt and Greek yogurt offer delicious ways to reap the health benefits of fermented dairy products. So, whether you're a fan of the classic creaminess of yogurt or the indulgent richness of Greek yogurt, there's a dairy delight for everyone to enjoy. Note: The article is based on content generated by AI models like Bard and Chatgpt.

Yogurt vs. greek yogurt: exploring the key differences in dairy products

<ul><li>The 30-share BSE index Sensex was up 401 points, and the NSE Nifty was trading 0.92% higher at 9:55 am. </li><li>Here’s a list of the top losers and gainers in the Nifty pack. </li><li>These are the top stocks that are buzzing in trade today.</li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Indian stock market indices opened higher on Tuesday, tracking gains in banking and energy stocks, and amidst positive cues from Asian peers on renewed hopes for a new US stimulus package. The 30-share BSE index Sensex was up 401 points, and the NSE Nifty was trading 0.92% higher at 9:55 am. Here’s a list of the top losers and gainers in the Nifty pack. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Gainers </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Losers </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">IndusInd Bank </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Britannia </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">BPCL </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Nestle India </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Steel </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">HUL </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">HDFC </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">TCS </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Axis Bank </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">SBI Life </td></tr></tbody></table>*as of October 21, 09:50 am These are the top stocks in news today. Reliance Industries gains over a percent The shares of Mukesh Ambani-led Reliance Industries gained over a percent during the early trading hours on Wednesday. This after the telecom arm of the company, Reliance Jio, and the US-based Qualcomm joined hands to fast-track the deployment of 5G mobile internet in India. Prabhat Dairy jumps 12% The shares of Prabhat Dairy jumped over 12% on Wednesday. The rally came despite the markets regulator SEBI directing Prabhat Dairy to cooperate with the forensic auditor and deposit over ₹1,292 crore in a nationalised bank within seven days until the conclusion of the audit. Hindustan Zinc trades 4% higher The shares of integrated mining and resources producer of zinc, Hindustan Zinc gained nearly 4% after its board approved the highest interim dividend in 12 years of ₹21.3 per share. Vedanta rallies 4% The shares of Vedanta rallied over 4% after it received ₹5,843 crore as a dividend amount from Hindustan Zinc. Vedanta held 64.92%, stake in the company as of September 30. L&amp;T Construction gains over a percent The shares of construction major L&amp;T were trading 1% higher after it bagged construction projects worth in the range of ₹2,500-5,000 crore from “prestigious clients.” Shriram Transport Finance gains 3% The shares of Shriram Transport Finance gained over 3% after the company said it has raised ₹100 crore by issuing bonds on a private placement basis. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/top-stocks-to-watch-ril-ioc-ongc-cipla-hindustan-zinc-prabhat-dairy-and-others/articleshow/78780036.cms" data-type="tilCustomLink">Top stocks to watch — RIL, IOC, ONGC, Cipla, Hindustan Zinc, Prabhat Dairy, and others</a> <a href="https://www.businessinsider.in/tech/mobile/news/checkout-samsung-galaxy-m51-mobile-review/articleshow/78780771.cms" data-type="tilCustomLink">Samsung Galaxy M51 review – insane battery life</a> <a href="https://www.businessinsider.in/defense/news/india-will-be-most-consequential-partner-for-us-in-indo-pacific-this-century/articleshow/78780949.cms" data-type="tilCustomLink">US Defence Secretary believes India will be the most consequential partner for US in Indo-Pacific this century</a>

Top stock movers — Reliance Industries, Vedanta, Britannia, Prabhat Dairy, HUL, TCS, L&T Construction and others

<ul><li>The SGX Nifty was trading 0.43% higher at 7:45 am, indicating a positive start for Nifty50. </li><li>Here’s a list of stocks to watch for in trade today. </li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider. </a></li></ul>Amidst positive cues from the global markets, the Indian equities are likely to open higher on Wednesday. The SGX Nifty was trading 0.43% higher at 7:45 am, indicating a positive start for Nifty50. The continuing stimulus talks fuel hopes, US equities closed higher on Tuesday. Dow Jones added over 113 points, and the S&amp;P 500 ended 0.47% higher. These are the stocks to watch out for during the trading session on October 21: RIL Mukesh Ambani owned Reliance Jio and the US-based Qualcomm joined hands to fast-track the deployment of 5G mobile internet in India. The company made the announcement during the virtual 5G summit yesterday. The shares of RIL shed nearly a percent. Hindustan Zinc Vedanta group company, Hindustan Zinc, announced a dividend of ₹21.3 per share— its highest interim dividend in 12 years. The company also reported a 6.7% drop in its net profit to ₹1940 for the quarter ended September 30. The shares of Hindustan Zinc ended 2% higher on Tuesday. Indian Oil Corporation (IOC) The state-owned Indian Oil Corporation (IOC) raised ₹2,000 crore on a private placement basis to meet business expenses, the company said in a regulatory filing. The shares of IOC ended 2.15% lower on Tuesday. Oil and Natural Gas Corporation (ONGC) The Oil and Natural Gas Corporation (ONGC) also raised ₹1,140 crore through a 3-year debenture issue on a private placement basis at an interest rate of 4.64% per annum payable annually. The shares of ONGC ended 3% lower on Tuesday. Cipla The pharma major Cipla launched generic Nintedanib used for the treatment of Idiopathic Pulmonary Fibrosis (IPF) under the brand name ‘Nintib’ in India. IPF is a rare lung disease that impacts ten in one lakh people, but it is a chronic progressive form of lung disease with an average survival rate of three to five years if left untreated. The shares of Cipla ended flat on Tuesday. Motherson Sumi Motherson Sumi Systems (MSSL), through its Mexican subsidiary, has acquired the activities of Electrical Wiring Interconnection Systems (EWIS) performed at Bombardier Transportation’s manufacturing site in Huehuetoca, Mexico. The deal is valued around $10 million. The shares of Motherson Sumi ended 2% higher on Tuesday. Prabhat Dairy The markets regulator SEBI has directed Prabhat Dairy to cooperate with the forensic auditor and deposit over ₹1,292 crore in a nationalised bank within seven days until the conclusion of the audit. The auditor was appointed to ascertain manipulation of books of accounts of the firm, misrepresentation of financials or business operations by the company, wrongful diversion of funds by promoters. The shares of Prabhat Dairy ended 5% higher on Tuesday. Bajaj Auto The state-owned Life Insurance Corporation increased its stake in Bajaj Auto from 4.76% in the June quarter to 6.4% in the September quarter. The shares of Bajaj Auto ended 1% higher on Tuesday. L&amp;T Infotech (LTI) The IT major L&amp;T Infotech (LTI) reported a 26.7% increase in consolidated net profit to ₹456.8 crore for the quarter ended September 30. The company’s overall revenue grew 16.6% to ₹2,998.4 crore in the quarter under review. The shares of LTI ended 2% lower on Tuesday. Mastek The software major Mastek’s UK subsidiary has sold its entire stake in Majesco’s US subsidiary for a total value of $32.3 million. The company aims to use the funds for helping the UK arm drive its growth strategy and reduce borrowings. The shares of Mastek ended 1% higher on Tuesday. Equitas Small Finance Bank The ₹518 crore IPO of Equitas Small Finance Bank has so far seen a subdued response from the investors. On day one of the bidding, the issue was subscribed only 0.39 times, and the qualified institutional buyer subscription portion stood at zero. SEE ALSO: <a href="https://www.businessinsider.in/science/news/a-nasa-spacecraft-is-about-to-land-on-an-asteroid-and-scoop-up-rock-to-bring-back-to-earth-animations-show-how-the-mission-works-/articleshow/78774835.cms" data-type="tilCustomLink">A NASA spacecraft just landed on an asteroid to suck up rocky dust to bring back to Earth. Here's how the mission works.</a> <a href="https://www.businessinsider.in/tech/news/the-justice-dept-just-slapped-google-with-a-landmark-antitrust-lawsuit-that-could-be-bad-news-for-amazon-facebook-and-apple-/articleshow/78779190.cms" data-type="tilCustomLink">The Justice Department just slapped Google with a landmark antitrust lawsuit. That could be bad news for Amazon, Facebook, and Apple.</a>

Top stocks to watch — RIL, IOC, ONGC, Cipla, Hindustan Zinc, Prabhat Dairy, and others

<ul><li>Dodla Dairy lists at 38% premium from its price band of Rs 421-428 apiece.</li><li>The company’s <keyword id="30335" type="ORGANIZATION" weightage="20" keywordseo="Shares">shares</keyword> had been subscribed 45.62 times on the last day of its subscription.</li><li>Hyderabad-based Dodla Dairy is one of the largest distributors of milk and dairy-based value-added products in south India.</li></ul>The wait has finally ended as Dodla Dairy has listed its shares on India’s stock <keyword id="62298" type="PERSON" weightage="20" keywordseo="exchanges">exchanges</keyword>. The Hyderabad-based dairy company saw its shares listed at ₹582 -- a jump of almost 38% from its initial price ₹421-428 apiece. The shares of Dodla Dairy continued to rise and were trading at ₹600 at 10.27 a.m. The grey market had indicated a strong listing of Dodla Dairy company as it stayed around ₹70-90 premium per share, according to <a href="https://www.ipowatch.in/p/ipo-grey-market-premium-latest-ipo-grey.html">IPOwatch</a>. However, the grey market is not an official measure of the market premium. The 26-year-old company operates in south India. It is the third largest milk producer in the country, with its milk procurement standing at 1.03 million litres per day. Their operations in India are primarily across the five Indian states of Andhra Pradesh, Telangana, Karnataka, Tamil Nadu and Maharashtra. Their overseas operations are based in Uganda and Kenya. Dodla Dairy's ₹520 crore initial share-sale was subscribed 45.62 times at a price band of ₹421-428 apiece. The company has delivered consistent growth over the last three financial years both in terms of financial and operational metrics, mentions a report by HDFC Securities. Its revenue from operations increased at a compound annual growth rate (CAGR) of 15.98% from FY18 to FY20 and amounted to ₹21,393.73 million in FY20. SEE ALSO:<a href="https://www.businessinsider.in/cryptocurrency/news/el-salvador-is-doling-out-free-money-digital-wallets-and-bitcoin-atms-to-pump-up-its-new-crypto-based-economy/articleshow/83841201.cms">El Salvador is pushing for the use of Bitcoin with ATMs, digital wallets and free money — but participation is not ‘mandatory’</a> <a href="https://www.businessinsider.in/cryptocurrency/news/new-cryptocurrency-scam-steals-2-million-in-monero-from-gamers/articleshow/83839775.cms">A new cryptocurrency scam targeting gamers has already siphoned off $2 million in Monero</a>

Shares of milk distributor Dodla Dairy list at 38% premium on exchanges

Infosys, Tata Consultancy Services, Dodla Dairy and other stocks to watch on July 15

<ul><li>The decades-old practice of getting milk delivered to the doorstep is a big reason. </li><li>Dairy companies spend between 1-2% of sales in advertisements, which is far less compared to other consumer staples companies. </li><li>This is a huge advantage for branded milk sellers at a time when consumers are moving away from unorganised local vendors. </li></ul>Do you get your milk delivered to your doorstep every morning? There is a good chance that you do not have up-to-date information on other brands of milk, competing prices and offers, if any, which may be available. Consumers are less likely to frequently shift from one dairy brand to another because of this decades-old practice. This has also meant that dairy companies in India have had to spend very little on advertisements and promotions. 
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 An urban consumer in India spends 20.3% of the monthly spend on milk and milk products, according to a survey by the National Sample Survey Organisation released in 2012. Milk is a staple and there is big money to be made in the segment. And yet, dairy companies spend only 1-2% of sales on advertisements, compared to online marketplace Flipkart, which <a href="https://economictimes.indiatimes.com/industry/services/advertising/at-30-of-annual-revenues-flipkart-spends-thrice-as-much-on-ads-as-hul/articleshow/66611156.cms">reportedly</a> spends over 30% of its revenue. While Hindustan Unilever spends about 10% of its sales. “An effective advertisement of soap can win new consumers and additional revenues of ₹20 per new consumer per month whereas an advertisement of dairy brand can win revenues of ₹1,000 per new consumer per month,” an <keyword id="7442614" type="UNKNOWN" weightage="20" keywordseo="ICICI-Securities-report">ICICI Securities report</keyword> explained. This would also explain why dairy companies do not offer any freebies to consumers and any discounts to distributors are negligible. However, on the down side, the same stickiness in consumer preference also makes it difficult for new entrants to capture customers from established players. The good news is a lot of people are yet to move from buying milk from unorganised neighborhood vendors to picking up branded milk and related products off the shelves. The Indian dairy sector is expected to grow at about 15% compounded annual growth rate, according to ICICI Securities, and there is possibility of steady shift of consumers from unorganised sector to organised sector. The fact that this growth does not need high promotional expenses is an added advantage for newer companies.

Here’s why you see so many ads for soaps and shampoos but not for milk

<ul><li>Earlier this week, the government reduced the base import prices of crude palm oil and soy oil.</li><li>Following this, edible oil companies have slashed prices of <keyword id="44868" type="General" weightage="20" keywordseo="cooking-oil" source="Orion">cooking oil</keyword>.</li><li>Additionally, prices of household products like soaps, biscuits, noodles and even shampoo, lipsticks and detergents will also fall as palm oil is one basic ingredient here.</li></ul>One of India’s top FMCG companies, Adani Wilmar reduced the prices of one of the priciest of groceries in recent times – cooking oil. "We are passing on the benefit of the reduced cost to our customers. We are confident the lower prices will also boost demand," said Angshu Mallick, MD and CEO at Adani Wilmar after reducing the price of Fortune refined Sunflower oil's one-litre pack by ₹10 to ₹210. This comes after Hyderabad-based Gemini Edibles &amp; Fats and Mother Dairy both cut prices of cooking oil by ₹15 on one-litre pack – bringing relief to this household essential which has been on the receiving end of inflation for months now. This sentiment could spread across more packaged products, by more FMCG majors. “We expect consumer and retail companies to pause taking further price increases though sector valuations appear rich, with improving out‐of‐home consumption,” said a report by Centrum Broking firm. In the last few months as input costs rose, <keyword id="160413" type="General" weightage="20" keywordseo="fmcg-players" source="Orion">FMCG players</keyword> have been resorting to reducing pack sizes while increasing pack prices. A reduction in base import of crude palm oil, soy oil could be passed on to other products in which it is used like — soaps, biscuits, noodles and even shampoo, lipsticks and detergents. It would mean a sharp reduction in household grocery bills, which have only been on the rise for consumers. Normal monsoon can aid the sector to remain green Lower prices would also mean the tapering demand for packaged products would also improve. Also, there are expectations that rural demand may recover on the back of higher government spending and normal monsoon. Rural demand has been hit after consumers <a href="https://www.businessinsider.in/india/news/life-in-rural-india-hit-by-a-wilted-rabi-crop/articleshow/92333426.cms">traded down to cheaper and smaller packets </a>after inflation hit their doorsteps much harder than it did for urban consumers. If and when consumers shift to smaller pack sizes, most FMCG players tend to lose market share to local and regional players who cater more variety at those price points. However, if pack prices improve, FMCG majors’ volumes will improve – which have been losing revenue for the last eight months. Rural economy is key for FMCG players as a cool off in agricultural commodities inflation will also help reduce their own costs and improve margins. “If commodity prices witness correction from the current level, margins of consumer goods companies might witness a sequential improvement from Q3 FY2023. Commentary of most consumer goods companies suggests recovery in sales volume from Q2/Q3 of FY2023, if the inflation environment stabilizes in the coming months,” said analysts at Sharekhan. An FMCG bull run The optimism around the sector picking up soon is reflected in companies share prices as well. In a weak market sentiment, shares of FMCG players were among the biggest gainers as their fortunes will improve irrespective of worries about global interest rates and a possible recession in the US. “We are very bullish on the FMCG sector from here because we believe costs are coming down from previous highs and they are in a position to pass on incremental costs to consumers, which will help to increase these companies' margins,” said Ravi Singhal, vice chairman at GCL Securities. An FMCG bull run in a market would actually buck the trend of an overall lack of enthusiasm in stocks — proving the theory that no matter what happens, people will keep buying essentials albeit at the right price. <div type="image" title="color fmcg" height="900" width="1200" msid="92336486" hostid="261"></div> <div type="javascript" title="Custom" contenttype="Image"><cdata><![CDATA[]]></cdata></div> SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/life-in-rural-india-hit-by-a-wilted-rabi-crop/articleshow/92333426.cms">Vanished savings, trading down to cheaper essentials – life in rural India hit by a wilted Rabi crop</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/environment/news/india-heads-into-the-thunderstorm-zone-right-after-the-heatwave-orange-alerts-issued/articleshow/92333863.cms">India heads into the thunderstorm zone right after the heatwave, orange alerts issued</a>

Cooking oil prices drop - soaps, noodles and detergents might follow suit

<ul class="summary-list"><li>More US customers are shopping at <keyword id="11921969" type="UNKNOWN" weightage="60" keywordseo="aldi" source="Orion">Aldi</keyword> this year, based on foot traffic data.</li><li><keyword id="6372044" type="UNKNOWN" weightage="60" keywordseo="grocery" source="Orion">Grocery</keyword> prices are increasing at the fastest rate in 40 years, pushing customers towards deals.</li></ul>Rising grocery costs for staple products are going up, and that's good <keyword id="11893589" type="UNKNOWN" weightage="60" keywordseo="news" source="Orion">news</keyword> for discount chain Aldi. Aldi monthly customer visits are up over year over year and over 2019 levels, according to <a href="https://www.placer.ai/blog/european-grocers-aldi-and-lidl-are-thriving-in-the-us/">new data from foot traffic analysis firm Placer.ai.</a> Monthly visits were up over 30% over the previous year from April through August 2021, with continued growth up through the most recent data from March 2022.Aldi is a discount grocery chain founded in Essen, Germany in 1961. In 1976, the company opened its first US location in Iowa and today it has more than 2,000 stores in 36 states. The chain has found a successful niche among budget-conscious shoppers in the US.Aldi has focused on US growth recently, and in 2020 it became the <a href="https://corporate.aldi.us/fileadmin/fm-dam/Press_Releases/ALDI_Growth_Announcment_FINAL_2.8.pdf">fastest growing grocery chain in the US. </a>The chain plans to <a href="https://www.businessinsider.com/aldi-says-it-plans-to-open-150-new-stores-across-the-us-2022-2">open 150 US stores</a> in 2022, plus a new distribution center in Alabama. These openings would put Aldi on track to become <a href="https://www.businessinsider.com/aldi-says-it-plans-to-open-150-new-stores-across-the-us-2022-2">the third largest grocery chain</a> in the US, behind only Kroger and <keyword id="11893281" type="UNKNOWN" weightage="60" keywordseo="walmart" source="Orion">Walmart</keyword>.Aldi shoppers are also shopping at Walmart less than before. In the beginning of 2019, more than 80% of Aldi customers were also shopping at Walmart according to Placer.ai data. As of the first quarter of 2022, that number was down to 74.6% of Aldi customers. <a href="https://www.businessinsider.com/comparison-aldi-vs-walmart-prices-meat-produce-pantry-review-photos-2022-2">Aldi had lower prices than Walmart</a> in most grocery categories in a recent price comparison from Insider. Aldi won out on produce, pantry staples, and eggs. The biggest difference was in <keyword id="11894326" type="UNKNOWN" weightage="60" keywordseo="meat" source="Orion">meat</keyword>, with potential savings up to 60 cents per pound on some items.<keyword id="11894140" type="UNKNOWN" weightage="60" keywordseo="inflation" source="Orion">Inflation</keyword> is at its <a href="https://www.businessinsider.com/inflation-outlook-analysis-worsening-for-goods-services-americans-need-most-2022-3">highest level since 1982,</a> and shoppers are feeling it at the grocery store. Prices for food at home, which includes groceries, have risen 13% since the beginning of the pandemic, <a href="https://www.businessinsider.com/inflation-outlook-analysis-worsening-for-goods-services-americans-need-most-2022-3#food-3">according to the Consumer Price Index.</a> The rate of price increases month to month have increased since the beginning of 2022. Milk and meat prices have gone up at even faster rates, with <a href="https://www.bloomberg.com/news/articles/2022-02-18/u-s-households-facing-high-food-inflation-and-rising-beef-pork-and-egg-prices">beef up 16%, pork up 14.1%, and eggs up 13.1% over January 2021.</a>Rising grocery prices seem to be pushing customers towards discount stores like Aldi, which trades well-organized shelves and grocery bagging services for low prices. Some experts say there are <a href="https://www.businessinsider.com/inflation-cpi-march-bright-spots-signal-cooling-core-price-growth-2022-4">signs inflation pressures could be easing</a>, and it remains to be seen how further price changes would impact Aldi's traffic.Do you have a story to share about a <keyword id="11893588" type="UNKNOWN" weightage="100" keywordseo="retail" source="Orion">retail</keyword> or restaurant chain? Email this reporter at <a href="mailto:mmeisenzahl@businessinsider.com">mmeisenzahl@businessinsider.com</a>.

Rising grocery prices are pushing US customers toward cheaper stores like Aldi

<ul><li>Milk procurement prices have risen over 5% for the sellers and by ₹4 for every litre bought by the consumers including marquee brands like Amul and Mother Dairy.</li><li>This is largely due to disruption in production as well as a sharp 25% spike in the cost of animal feed.</li><li>The Department of Animal Husbandry and Dairying will meet tomorrow, January 3, to discuss ways to curb further spikes.</li></ul>Brands like <a href="https://www.businessinsider.in/business/news/amul-raises-milk-prices-by-rs-2/litre/articleshow/72610767.cms" data-type="tilCustomLink" target="_blank">Amul</a> and <a href="https://www.businessinsider.in/business/news/mother-dairy-hikes-milk-prices-by-up-to-rs-3/litre/articleshow/72607311.cms" data-type="tilCustomLink" target="_blank">Mother Dairy</a> increased the retail price of milk by ₹4 a litre last year, pinching consumers who were already stung by the sharp spike in onion prices in recent months. The Department of Animal Husbandry and Dairying will meet tomorrow, January 3, to discuss ways to curb further spikes. Milk prices rose because procurement prices went up 5% for the companies largely due to disruption in production as well as a sharp 25% spike in the cost of animal feed. Price hikes at the retail level were not enough and that capped the profit growth leading to a sharp fall in stock prices for milk retailers like Heritage Foods, Parag Milk Foods, and Hatsun Agro. 
 
 
 
 
 
 
 
 
 
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 "We expect milk procurement prices to continue to rise in the first half 2020 but correct in the second half," an ICICI Direct note said in December. “There is no immediate plan to increase milk prices,” RS Sodhi, managing director, Amul, <a href="https://www.financialexpress.com/market/commodities/costlier-milk-no-more-new-years-double-cheer-for-household-budgets/1810148/" data-type="tilCustomLink" target="_blank">told Financial Express Online on January 2</a>. Key reasons for higher milk procurement prices: 1. Initially delayed and later prolonged monsoon. 2. Floods in states like Maharashtra, Bihar, Karnataka and Tamil Nadu 3. Higher global prices for skimmed milk products 4. Higher cost of animal fodder The shortage of skimmed milk powder was a big factor in pushing prices up. Skimmed milk powder is mainly used by: 1. bakers to enhance the tenderness of the food such as doughnuts, cakes and bread 2. mothers for babies who are intolerant to breastfeeding Indian milk exporters got a helping hand in the form of state subsidies last year. 1. Maharashtra state government: ₹5/ltr on milk products and ₹50/Kg on skimmed milk products 2. Gujarat state government: ₹50/Kg subsidy on SMP exports and 3. Benefits under Central government's merchandise exports scheme was raised to 10% from 7% earlier. These subsidies allowed dairy companies to reduce the excess inventory. All eyes will now be on the government on what steps it announces tomorrow to curb retail milk prices spiralling out of control. SEE ALSO: 
 
 
 <div type="Article" hostid="261" msid="68479581" title="Here’s why you see so many ads for soaps and shampoos but not for milk" mstype="2" mssubtype="0"></div>

Indian government wants to stop milk prices from boiling over — investors in Heritage Foods, Parag Milk, and Hatsun Agro are watching closely

<ul class="summary-list"><li>Wisconsin-based Schreiber Foods was the victim of a cyberattack on October 23.</li><li>The company processes up to 75% of the <keyword id="12020458" type="UNKNOWN" weightage="60" keywordseo="cheese" source="Orion">cheese</keyword> that tops burgers and sandwiches in the US.</li></ul>Beef burgers may have gotten more expensive in recent weeks, but the cheese on top may have actually gotten cheaper.That's due in part to a cyberattack against one of the largest <keyword id="6393794" type="UNKNOWN" weightage="60" keywordseo="dairy" source="Orion">dairy</keyword> processors in the US, Wisconsin-based Schreiber Foods, which had its operations interrupted by a "cyber event" on October 23.The alleged hackers reportedly demanded a $2.5 million ransom to unlock the computer systems that control the flow of milk and cheese through the company's facilities, according to the <a href="https://www.wisfarmer.com/story/news/2021/10/26/schreiber-foods-hit-cyberattack-plants-closed/8558252002/">Wisconsin State Farmer</a>.A Schreiber Foods spokesperson confirmed to Insider that a cyber incident affected all of its locations, a "specialized response team" immediately got to work on the issue, and that the company had fully resumed production and shipping five days after the initial interruption.Schreiber Foods produces a wide array of dairy products, including cheeses, yogurts, and sour cream, but reportedly maintains a roughly 75% market share for the sort of bulk yellow cheese that is commonly used to top sandwiches and hamburgers.One indication of the company's reach is the commodity price of barrel cheese, the 500-pound units of intermediately processed cheese that are sold for further processing into slices, powders, sauces, and other products.A <a href="https://www.bloomberg.com/news/articles/2021-11-08/cyberattack-sends-prices-for-500-pound-cheese-barrels-tumbling">dairy industry analyst</a> said the five-day disruption at Schreiber led to a such a backlog of barrel cheese that it is the likely cause of a price-drop that has reached as much as 20% in the weeks following the attack as the delayed product softened the market.US Department of Agriculture data show the <a href="https://www.ams.usda.gov/mnreports/dywacheese_cmebar.pdf">barrel cheese price</a> tumbling from a 2021 peak of $1.85 for the week ending October 22 to $1.46 on Tuesday.Prior to the cyberattack, <keyword id="11894552" type="UNKNOWN" weightage="60" keywordseo="prices" source="Orion">prices</keyword> for barrel cheese had been on the rise due in part to rising milk costs.The incident follows a similar, higher-profile <a href="https://www.businessinsider.com/jbs-says-meatpacking-operations-will-be-back-to-normal-today-2021-6">attack on Brazilian meat supplier JBS</a> this summer, which disrupted the meat market and highlighted the vulnerability of the digital infrastructure underpinning the US food supply.

Cheese prices have been tumbling after a cyberattack interrupted production at one of America's largest cheese producers

<ul><li>Top FMCG companies have cut prices of soap, detergents and hair oils.</li><li>Competition has gone up in the sector after many smaller, regional players making a comeback.</li><li>FMCG players said last quarter that they had to cede some of their market share to smaller players.</li><li>At the time, rise in agri commodity prices is making some of them hike prices of items like coffee and other beverages. </li></ul>After facing the onslaught of smaller and regional players in the last quarter, FMCG majors are on a path to cut prices to boost volumes as well sales. This pricing action is being seen mostly in categories that contribute large volumes and with a high share of unorganized players — like soaps, detergents, hair oils and edible oils. <keyword id="6365619" type="General" weightage="20" keywordseo="hindustan-unilever" source="Orion">Hindustan Unilever</keyword> has taken price cuts to the tune of 9-10% in soaps, <keyword id="6361491" type="General" weightage="20" keywordseo="procter-gamble" source="Orion">Procter &amp; Gamble</keyword> too cut <keyword id="443581" type="General" weightage="20" keywordseo="detergent-prices" source="Orion">detergent prices</keyword> by 11%. <keyword id="4283144" type="General" weightage="20" keywordseo="patajali" source="Orion">Patajali</keyword> slashed its soap as well as hair oil prices, as per a recent report by Kotak Institutional Equities. Top FMCG players said at the end of the April-June quarter that they had to cede some of their market share to smaller players. As per Nomura, their impact on market share on organized players is under control as of now, but needs to be watched closely. A lot of these players have shut up during the pandemic, but have ‘mushroomed’ back. “As the raw material prices have come down and have remained stable, there is increased competition from smaller players. Hence, most FMCG companies have undertaken price cuts to pass on the raw material benefits, and at the same time, they have increased ad spending to protect their market share,” Preeyam Tolia, senior research analyst of FMCG at Axis Securities told Business Insider India. Moreso, the volume growth trend has slowed down for most FMCG players due to slower-than-expected growth in the rural areas. Besides, the trend of downtrading had taken over during the era of high inflation last year, when players had to increase their prices. In Q1, even as volume growth remained tepid, the profitability of FMCG companies was high due to softening of prices of certain raw materials. Palm oil prices were down 2% month-on-month and by 26% year-on-year. Copra/coconut oil prices (updated until July 2023) remained in deflation, down 8% month-on-month and by 11% year on year. “Currently crude and palm oil used to make soaps and inputs such as soda ash used in detergents are showing a downward price trend, that is the reason many soap brands have reduced the prices to increase their volume and are passing on the margin benefits to consumers,” said Sraboni Haralalka, executive director at Wodehouse Capital Advisors. Can price cuts help? Most experts believe that the benefits of these price cuts on volume growth can be seen with a lag, in the second half of the current fiscal year. A few however believe volume growth itself might not be enough for companies that have been banking on pricing-led growth in the last few quarters. “Most other categories did not resort to any pricing action (apart from soaps, detergents, hair-oil, edible-oils), leading to anniversarying of pricing and lesser contribution to overall value growth. We expect no or negligible contribution from pricing in coming quarters; optically lowering overall value growth for the sector,” said Nomura. Added to that, the ability to take a next round of price cuts might also be lowered, experts believe as the prices of crude are inching up again. While crude oil prices were down by 14%, they have jumped 8% on a month-on-month basis – showing that the trend might see a back up. “We must look at the impact of the recent increase in crude oil prices. Any further increase in crude oil price would delay the price cuts and, hence, volume recovery,” says Tolia. Shampoo, coffee &amp; toothpastes get pricier While tea and biscuits prices have remained steady, the prices of coffee have inched up due to hardening agri commodity prices — especially in the case of cereals and milk in the last few months. “Prices remained stable in dairy except for Nestle, which increased the prices of its milk powder and curd by 2% and 5%, respectively. Nestle took another round of around 3-5% of price increases in its baby food portfolio, taking cumulative increases to 6-11% in the past six months,” said Kotak Institutional Equities. Health food drinks witnessed price rises of around 2-8% by Abbott, Danone and Mondelez. “Agri-commodities products have surged up. Food companies such as Nestle and Britannia may either increase product prices or take a hit on their margins and focus on volume growth,” said Haralalka. Products like confectionery, toothpastes and shampoos also saw price hikes from players like Vicco, HUL, Dabur and P&amp;G. Also price rises are seen in face and body washes, deodorants, air fresheners, men’s grooming and feminine hygiene – especially in areas where end consumer purchasing power is high. The margins in personal care products are higher and consumers don’t downgrade as easily as they do in the laundry or hair oil segments. The year of FY24 is expected to be a year of volume growth as FMCG companies are fighting to bring back their ‘small pack’ consumers. At the same time, inflation on the horizon is presenting a very cloudy picture for companies – making them re-think their pricing strategy in a way that ensures volume and margins hold steady.

Soap Opera: FMCG players kick off price war to bring back what’s lost

<ul class="summary-list"><li><a target="_blank" href="https://www.businessinsider.com/inflation-rate-hurting-poorest-workers-food-shelter-basic-needs-2023-10">Food inflation</a> is slowing down heading into 2024, according to the largest supermarket chain in the US.</li><li>Executives at Kroger said they expect food inflation "in the low single-digits'" in the new year.</li></ul><a target="_blank" href="https://www.businessinsider.com/walmart-wants-to-lower-your-grocery-bill-expects-deflation-2023-11">Grocery price</a> increases are finally starting to slow down, according to the largest supermarket chain in the US.<a target="_blank" href="https://www.businessinsider.com/kroger-plans-1-billion-by-selling-your-grocery-data-2023-2">Kroger</a> expects "near-term economic pressures and food-at-home disinflation" to affect its results for the rest of its fiscal year, the grocer said in its third-quarter earnings published Thursday. Kroger's fiscal year extends into early 2024."Most of the data that we're seeing would point toward a typical year next year," CFO Gary Millerchip said on a call with analysts after Kroger released its earnings. Kroger expects <a target="_blank" href="https://www.businessinsider.com/inflation-rate-us-economy-food-delivery-apps-doordash-tacos-year-2023-11">food inflation</a> "in the low-single-digit range" going into 2024, Millerchip added.That represents a slowdown from the previous two years when inflation for food and various other goods was historically high. Food inflation peaked over the last two years in June 2022, when federal data showed prices rising 9%.Inflation has slowed down since then, though rates vary between different products. Prices for many shelf-stable products are still rising at a rate of 7%, according to a study from Bank of America published Thursday. Meanwhile, prices for other products, such as produce and dairy, have started falling, according to the study, which looked at a variety of retailers in Nashville, Tennessee.For budget-conscious consumers, Kroger has offered promotions such as a Thanksgiving meal bundle that can serve 10 people "for less than $5 per person," CEO Rodney McMullen said.Walmart is also expecting relief from food inflation, CEO Doug McMillon said earlier this month. "We think we may see dry grocery and consumables start to deflate in the coming weeks and months," he said during the company's latest earnings call.A slowing inflation rate is causing some economists to say the US economy can limit price increases on the goods that consumers buy while also avoiding a recession or spike in unemployment. Some economists call the phenomenon "<a target="_blank" href="https://www.businessinsider.com/inflation-stocks-recession-paul-krugman-us-economy-outlook-immaculate-disinflation-2023-11">immaculate disinflation</a>."Do you work for Kroger and have a story idea to share? Reach out this reporter at abitter@insider.com

You Searched For "Prabhat dairy share price" and got 13 results

Amul emerges as world's strongest food and dairy brand, topping global rankings in Brand Finance Food & Drink 2024 Report

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