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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.

New smartphone app measures water stress of grapevines

Grapegrowers in Australia are trialling a new smartphone app that helps them measure the water status of their vines. 

Australia’s generations of fast-food fans

Generations Y and Z are still markedly more likely than their seniors to eat at big-name fast-food chains, though the rate they visit them is in slow decline—perhaps due to...

Ready-to-mix market to see double-digit growth in wealthier India

India ready-to-mix food market has been predicted to be worth as much as US$284m by 2020, an annualised increase of 15.7% fuelled largely by the increasing disposable income of a...

Expansion of Japanese beef bowl chains to drive Chinese meat consumption

Two of Japan’s biggest conglomerates are planning huge expansion of their ‘beef bowl’ fast food chains across China in order to compensate for low growth in a saturated Japanese marketplace. ...

What cheese choice says about Aussies

New market research shows that three quarters of Australian shoppers buy cheese each month, with block cheeses alone accounting for more than half of the market. 

Australia invests $5.3m in R&D projects on Shiraz terroir

Wine Australia has today announced a six year, $5.3m AUD ($4m USD) R&D investment that will look at Australia’s unique terroirs and how they influence wine style and quality. ...

Kashmiri taste for lamb and goat prompts robust meat trade in India

The predominantly meat-eating communities in the Muslim-majority Kashmir valley in the Indian state of Jammu and Kashmir has become a significant market for Indian meat and livestock producers from outside...

El Niño disruption causes palm kernel prices to double

Palm kernel oil prices have almost doubled in the last year to their highest levels in over five years due to the impact of the El Niño weather phenomenon in...

Functional food and supplement manufacturers urged to get creative with whey protein offerings

South East Asia functional food and supplement firms need to help educate consumers that whey protein isn’t just for body builders, and formulate new products that can help treat the...

Sell-up: Analysts predict more gloom for infant formula firm Bellamy’s as shares slump continues

Replacing CEO Laura McBain hasn’t seen the end of financial turmoil at Australian infant formula manufacturer Bellamy’s with shares continuing to slide amid gloomy forecasts from analysts.

Australia goat prices move from ‘strength-to-strength’

A relatively good balance between the Australian and US dollar during 2016 fended off a price pinch for goat meat exporters hit with trade decline.

JAPAN SPOTLIGHT

Japanese officials considering imposing stricter GM labelling laws

Reports from Japan suggest officials are weighing up imposing stricter rules for the mandatory labelling of food items containing genetically modified foods.

Five ways to get foodservice right in Vietnam

As foodservice companies race to attract Vietnam’s increasingly affluent and youthful 93m population, there are signs that many would benefit from taking a more nuanced approach to the country’s exceedingly...

Chinese domestic formula companies floundering amid stiff competition

With more than 100 infant milk powder manufacturers established and thousands of product lines launched in the last 30 years, overcrowding in the segment appears to have hit Chinese businesses hard.

South Asia radius

100m customers served: India looks to address future of e-commerce

The number of Indians making online purchases is expected to break the 100m barrier this year, an increase of roughly one-third over 2016 as people get increasingly plugged in.

China direct

Wine demand skips from officials to public as import market re-emerges

China’s wine market is emerging from a recent state of flux to offer cheer to the growing number of wine businesses that are invested in one of the world’s biggest...

DEFRA’s food export policy to China under fire

Environment secretary Andrea Leadsom’s plan to export more British food and drink products to China has been criticised by a panel of industrialists from the sector, members of which claimed...

New Zealand sheep milk PGP program kicks off

Building an environmentally, socially and economically sustainable industry to meet the growing demand for sheep milk products is the goal of a new sheep milk Primary Growth Partnership (PGP) program...

Catch 22: Sustainable fishing produces massive carbon emissions

Whilst smaller scale sustainable fishing practices protect the oceans from depletion of marine life, they are vastly more detrimental to the environment, say researchers

Australia turning more vegetarian in bid to battle the bulge

The number of vegetarians in Australia has risen sharply over the last four years, especially in New South Wales, where there has been a 30% growth in non-meat diets in...

China

Market update: Lysine prices increase on supply disruptions

Prices of lysine, a major protein used in feed compounds, rose 78% month on month at the start of December in China, due to a shortage in supplies and an...

China direct

Craft brews should stand out in China’s stagnating beer market

Riding on a trend towards premiumisation, craft beer, though still a very small market in China, is likely to continue gaining considerable share and should enjoy remarkable performance.

This week Down Under

Cider sales boom as festive early-adopters swap brands

Cider is not only Australia’s fastest-growing alcoholic beverage by far, its consumption also spikes dramatically during the southern summer months, market research suggests.

Thailand tipped for top five exporter status in 20 years

Thailand could be one of the world’s five biggest food exporters in the next 20 years—a significant jump for a country that is currently in 13th place in terms of...

Kazakhstan eyes export of organic meat to Asia

Kazakhstan may become one of the largest organic meat exporters in Asia, establishing export supplies of up to 360,000 tonnes (t) of organic beef and lamb per year, primarily to...

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