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Markets

Whether serving the food and drink needs of consumers or sourcing ingredients and raw materials, success in the food industry depends on keeping abreast of the latest market trends in the Asia Pacific region.

This week Down Under

Bloggers' noise makes it hard for shoppers to make informed choices

Food fads and hearsay are drowning out real facts, leaving consumers unable to make informed decisions about their diets.

Exclusive interview

MENA Millennials driving demand for bakery and snacks, says Golden Agri-Resources

The Middle East and North Africa (MENA) is developing a taste for luxury products, especially premium bakery goods, snacks and confectionery.

News in brief

Market update: Indian ginger prices plummet

Indian dry ginger prices have plunged to just 40% of their value last November due to an abundant supply of raw materials.  

Asian grocery growth to outpace Europe and North America combined

Asia will remain the biggest engine of growth in the grocery market with sales expected to exceed those of Europe and North America combined within five years, according to new...

Functional benefits remain white space in China’s snack market, Mintel

A Mintel report shows that the Chinese snack food sector is fragmented, with the top 10% companies accounting for only 11.7% of market share.

China’s chicken supply chain in danger

China’s supply chain faces a challenge with historically low breeding stock supplies compounded by outbreaks of bird flu in markets China depends on for a regular flow of grandparent birds. ...

New Zealand export lambs due to drop

The number of lambs bred for export from New Zealand is expected to drop 2.7% in 2016-17.

Dateline Southeast Asia

Vietnamese consumers frugal with food but splash out on healthy drinks

As Vietnam’s 93m population grows in size and purchasing power, healthy soft drinks are becoming more attractive for food and beverage sector investors.

New Zealand wine industry assesses impact of earthquake

Around 20% of wine storage capacity in New Zealand’s Marlborough wine region was damaged in the Kaikoura earthquake earlier this month, but the industry is planning for the upcoming vintage...

Asia Pacific proves a boon for global sparkling water market

The Asia Pacific market currently accounts for 15.25% global sparkling water market, and Technavio projects it will grow at a CAGR of 3.67% through 2020, the fastest rate compared to...

Australians’ poor diets leading to unexpected cases of scurvy

A historical disease caused by a lack of vitamin C and associated with old-world sailors, it appears that scurvy is reappearing in Australia due to poor modern dietary habits.

China’s tiny baked goods category now ripe for foreign investment

Though its baked goods market is 125 times smaller than its counterpart in Europe, China still holds enormous potential for businesses exactly because of this low per-capita consumption.

Chinese astaxanthin wins EU novel foods approval

Competition is hotting up in the astaxanthin space, as Novel Food authorisation for BGG’s AstaZine line of natural astaxanthin ingredients marks the entry of a new player into the European...

British beef exports to China, worth millions, move closer

New British beef exports to China – potentially worth millions of pounds – moved a step closer recently, after Chinese officials visited Britain to judge levels of animal welfare and...

Danish Crown sustained by demand from Asia

Demand from Asia sustained Danish Crown’s sales in the face of greater challenges in its UK market in the past year, according to chief executive Jais Valeur.

Fonterra’s increased milk price is good news after earthquake, says DairyNZ

DairyNZ chief executive Tim Mackle said Fonterra Co-operative Group’s increase of its 2016/17 Farmgate Milk Price is great news for farmers.

Chinese confections and snacks compete for sweeter spot on e-commerce during Double 11

Alibaba, China's largest e-commerce platform, reached record sales of $15bn during Double 11 this year, prompting domestic confectionery and snack brands to step up their web strategies. 

European-style cured ham builds momentum in China

A leading pig breeder from China is launching European-style premium cured ham products to shield it from future falls in hog prices. 

Soapbox

Vitamins, supplements and intelligent ageing

They say that grey hair is a symbol of wisdom. This is so true as many Australian seniors are now taking a more proactive approach to their own healthcare by...

Government subsidies underpin Turkey’s export charge into Gulf

Turkey is looking to become a dominant player in food processing in the Middle East on the back of its halal expertise, alignment with regional tastes, market proximity and competitive...

Bio-tiful Dairy working to expand awareness of kefir in the UK

Kefir is starting to take a hold in the UK, and Bio-tiful Dairy has recently expanded by introducing its products into foodservice with its Kefir cultured milk drinks and two...

Safer fruit and veg target for Bangladesh project

Improving the safety of the Bangladeshi fruit and vegetable sector is the target of a SWITCH-Asia project which runs until the end of 2019.

News in brief

Coca-Cola Life launches in the United Arab Emirates

Coca-Cola has launched its stevia-sweetened Coca-Cola Life in the United Arab Emirates (UAE). 

The top trending Ayurveda ingredients right now…and why they are destined to remain niche products in the West.

Tulsi, ashwagandha and cardamom are three of the hottest Ayurvedic ingredients right now, but the likelihood of them gaining mass appeal in Europe and the US is limited by scepticism...

Australia

Aboriginals and Torres Strait islanders fail to meet dietary norms

Aboriginal and Torres Strait islanders are not consuming enough of the five major food groups and too much sugar and other discretionary foods, according to figures released by Australia’s official...

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