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Why cardiovascular health functional foods are primed to take-off across APAC: Euromonitor

Despite Asia Pacific being a region with high incidence of cardiovascular diseases (CVDs), sales of cardiovascular health positioned foods and beverages are not high, writes Maria Mascaraque from Euromonitor International.

Relief for PureCircle as Chinese stevia held at US border released

US Customs and Border Protection (CBP) has released shipments of refined stevia from PureCircle coming in from China that had been held at the border based on allegations that they...

Concern verges on panic in supplement industry over Trump's China trade stance

President elect Donald Trump campaigned on a program of redressing what he characterized as wrongs in the trade relationship between the United States and China. That stance, and his choice...

Mengniu offers to buy out China Modern Dairy

China Mengniu Dairy Company Limited has made an offer to purchase the remaining shares of China Modern Dairy Holdings Ltd.

BASF opens 'Newtrition Lab' in Singapore to boost regional R&D capabilities

BASF’s Nutrition & Health Division has opened a new technical application lab in Singapore to provide analytical services and product development support to customers across the region.

Patanjali Ayurveda outpaces rivals in ‘disrupted’ Indian market

A guru-steered food and FMCG company has been singled out as the most disruptive force in India’s fast moving consumer goods market as it steers a path towards revenues worth...

Aussie Manuka honey found to have same anti-bacterial properties as famed NZ counterpart

Like its more popular New Zealand version, Australian Manuka honey has also been found to contain powerful antibacterial properties, leading to hopes it could tap into the lucrative medicinal honey...

Thai CPF continues expansion with €49.5m SuperDrob stake

Thailand’s Charoen Pokphand Foods (CPF) has signed a preliminary deal to acquire a 33% stake in Polish poultry processor SuperDrob SA less than a fortnight after its big money Bellisio...

CP Foods thaws US with $1bn Bellisio takeover

Thailand’s Charoen Pokphand Foods (CP Foods) has flexed its financial muscles with a $1.075bn takeover of frozen specialist Bellisio Foods and a 33% stake in Poland’s SuperDrob.

Aussie infant nutrition firm Bubs targets Asia growth after stock market flotation

Bubs, an Australian infant formula and nutrition firm, has launched on the Australian stock exchange after raising $5.15m in a share deal.

News in brief

Asian VC invests €33m in Indian botanicals specialist; acquisitions targeted

Indian-based but global-facing herbals player OmniActive Health Technologies has won a $35 million (€33m) investment from venture capitalist Everstone Group, as it pursues expansion and acquisition targets.

University uncorks major winery expansion in South Australia

Plans for a major expansion of Australia’s biggest teaching winery have been released for the first time.

Australia

Wineries race to the sun in bid to cut power costs

Dozens of wineries in South Australia have been harnessing the sun’s power for purposes beyond growing grapes.

Japanese drones lift off to track livestock

A drone designed to make life easier for livestock farmers has been launched in Japan, with developers eyeing global sales in the future. 

Australian meat chief targets China and Saudi in 2017

The CEO of the Australian Livestock Exporters’ Council (ALEC) has targeted market “diversification” as a key meat industry priority for 2017.

Wet weather puts Australian wine in good stead for late 2017 vintage

A wet winter and a cool spring has Australia well placed for another strong wine vintage—albeit a little later than in recent years.

China

DaChan plans two new plants to meet demand

Meat processor DaChan Food will open two new plants in the north of China to keep up with growing demand.

APAC’s biggest food and nutrition business stories of 2016, featuring Blackmores, Mead Johnson, DuPont and GNC

2016 saw a wave of big business deals in Asia Pacific, from takeovers and joint ventures, to new market entries and fresh collaborations.

Chinese meat major signs deal with e-commerce giant Jingdon

Shuanghui, China’s biggest meat company, has signed a strategic cooperation agreement with Jingdong (jd.com), one of China’s biggest e-commerce companies, to develop a new sales and distribution channel supplying fine-cut...

News in brief

Funds will help us expand in Asia - Oxford Nanopore

Oxford Nanopore Technologies has raised £100m ($126m) in funding through a private placement of ordinary shares bringing the total secured to £351m.

Australia welcomes major Vietnamese beef investment

Meat & Livestock Australia (MLA) has welcomed the first large-scale Vietnamese agricultural investment in the country – the purchase of an AU$18 million ($13.6m) cattle station by An Vien Pastoral...

Bank of China and Fonterra sign deal

Bank of China New Zealand has signed an agreement with New Zealand dairy cooperative Fonterra that establishes a RMB 1.5bn (NZ$300m, US$213m) multi-currency bank facility including a Chinese currency component....

Thailand’s CP Food targets growth as South Korea resumes trade

After a 12-year hiatus in Thai poultry exports to South Korea, triggered by a bird flu outbreak in 2004, exporters are targeting growth in one of Asia’s largest consumer markets.

Valio eyes China expansion outside of its infant nutrition base

Finnish dairy firm Valio is seeking to expand out of its infant nutrition base in China by exporting lactose-free milk powders. 

India

Roha to grow natural extracts portfolio following Italian acquisition

Roha has acquired Essential, a plant and fruit extracts firm from Italy, for an undisclosed price tag as it continues its push into new organic segments within the colours market.

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