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Nestlé has created a plant-based rendition of its Milo product, offering a dairy alternative option without compromising on taste.

Milo Plant Based is vegan and made from no animal ingredients. It contains vitamins B2, B3 and D, as well as iron and zinc.

Nestlé dairy business manager Anna Stewart said that as more Australians are turning to dairy alternatives, it was time for Milo fans to be able to enjoy the classic taste of Milo.

“Milo Plant Based is created using the same core ingredients as original Milo – malt, barley and cocoa, but we’ve taken out the milk powder, reduced the added sugar, and added plant-based ingredients from soy and oats,” said Stewart.

Milo Plant Based will be available nationwide at Coles from March 16 and at independent supermarkets from April for RRP $6.95.

Packaging News

New European rules on generic environmental claims have prompted the Australasian Bioplastics Association to warn that packaging carrying poorly substantiated claims could be marketed in Australia.

Australia's environment ministers have declared packaging reform urgent and named soft plastics as an initial priority, but offered no firm timetable or regulatory commitments. SPSA has welcomed the soft plastics focus, while Boomerang Alliance and WMRR have raised concerns about the lack of concrete action.

Economic analysis commissioned by SPSA estimates national recycling reforms could deliver up to $278m in net productivity gains and stimulate up to $2.6b in capital investment each year.