Foreign-owned firms still grabbing most end value from NZ dairy ingredients, Coriolis says

Foreign-owned firms still grabbing most end value from NZ dairy ingredients, Coriolis says
By Fiona Rotherham Aug. 20 (BusinessDesk) - Most of the end value of New Zealand’s dairy ingredients is being captured by foreign-owned firms beyond the border, a new report shows. The government-commissioned Coriolis research report on growing consumer demand for dairy products in Southeast Asia is the latest in a series on New Zealand’s food and beverage industry aimed at achieving the government's goal of doubling exports to 40 percent of gross domestic product by 2025. The report uses a carton of UHT milk to show how value goes off...