Plus: Chinese exports decline 6% year on year; Slow China growth hits Yum Brands global results; and Inner Mongolia developing into a mine for ‘brain gold’.
Plus: Taipei reviews food-safety in record time; Nippon Shokubai gets halal certification for sodium polyacrylates; and JGC signs up for Japan-themed business park in India.
As China’s meat production industrializes, feed grain demand will jump significantly, and will require the Asian giant to source feedstocks, particularly maize, on the international market, forecasts Price Waterhouse Cooper (PwC) in a new report.
France and Japan have signed a cooperation agreement around food safety.
Korean food giant Daeseng wants to enter the EU omega-3 market and has applied for novel foods approval for an algae-derived DHA (docosahexaenoic acid).
Edible insects pose no special risks to human health – when consumed directly or used as stock feed – according to a new risk assessment from the European food safety watchdog.
The a2 Milk Company (a2MC) is seeking to raise NZ$43m (US$28.5m) to support growth in Australia, New Zealand and key international markets.
The Middle East and North Africa (MENA) nutraceuticals market will be worth US$9.1bn this year, with growth set to accelerate up to 2020, according to a new report from Future Market Insights.
Thompson Reuters has cut its growth forecast for the global Halal food market, saying the market will grow to just under US$1.6tn by 2020, instead of 2018 as predicted last year.