Market News
A2 Milk Market Key Developments:
- In 2018, Nestle S.A. launched its new organic and natural product, ‘illuma Atwo’. Illuma Atwo is an infant formula which is formulated with A2 milk. This is expected to expand company’s product portfolio and strengthen its market position over the forecast period.
- In February 2019, Fonterra Co-operative Group, signed an agreement with famers to supply the milk to The a2 Milk Company Limited for the season 2019-2020 in New Zealand. The milk pool of The Fonterra Co-operative is expected to be based in the Waikato near its Hautapu site in New Zealnad. This is expected to increase supply of high quality milk to The a2 Milk Company
- In November 2019, The a2 Milk Company Limited extended its supply agreement with Synlait Ltd., a New Zealand based milk products company. The supply agreement includes platinum products and other nutritional products of The a2 Milk Company Ltd. This is expected to increase the volume of nutritional products produced by Synlait exclusively for The a2 Milk Company Ltd.