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Nestlé has opened a new extension to its research and development centre in Singapore that it says will allow greater focus on the Asia-Pacific region—its fastest-growing market. Related news |
Hershey has launched a new brand in China that will operate in what it has called the country’s fastest growing confectionery segment.
The Food Corporation of India could potentially earn over Rs25,000 crore (US$4.5bn) by exporting wheat lying in open warehouses, according to an Assocham study.
Once again voicing its opposition to the thorny issue of container deposit schemes, the influential and vocal Australian Food and Grocery Council has hit out at an environmental group it claims has “actively misled petitioners” over a proposal to introduce a deposit charge.
In light of India’s trade deficit with China, which since 2010 has more than doubled to over US$40bn, the country hopes that three food and pharmaceutical agreements signed with China this week will have an impact on the shortfall.
Nestlé India has quashed rumours that it will withdraw from its first dairy unit in the country by committing to a Rs250 crore (US$45m) expansion to the Moga plant in Punjab.
Danone has agreed a series of deals with Cofco, China’s largest food company, and Hong Kong-listed China Mengniu as a means to break back into a market it has traditionally struggled to enter.
Mondelez International will introduce larger rounder pieces for Cadbury Dairy Milk in New Zealand for the same price point.
A study funded by the US National Confectioners Association (NCA) has not ruled out that candy may cause obesity but has suggested there is no link between the number of candy-eating occasions and the condition.
NASA has agreed to fund the development of a 3D food printer to supply food for astronauts during space travel and help feed the world’s growing population.
The Academy of Nutrition and Dietetics has called on the US Food and Drug Administration (FDA) to “keep milk milk” and reject a petition requesting an amendment to the standard of identity of milk and milk products.
Glucosamine and chondroitin supplements, conventionally used for joint health, may have the potential to guard against colorectal cancer, according to researchers.