SUBSCRIBE

Breaking News on Food & Beverage Development and Technology - Asia PacificEU edition | US edition

Headlines > Markets

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.

Richer Chinese making dent in established organic markets

Chinese demand has been fuelling growth in the global organic food market, which is predicted to grow to a value of nearly US$190bn by 2021.

Food delivery apps record fastest growth in China’s online market

Heavy discounting by start-ups backed by internet majors Tencent and Alibaba have made online food delivery the fastest-growing online segment in China.

Top Iranian dairy companies and trends

The Iranian dairy industry is beginning to expand.  This growth domestically is being complemented by the country’s dairy companies now looking to export to countries such as Russia.

C-store demand rocketing as more call centres open in Philippines

Tipped to grow at an annual rate pushing 10%, the Philippines grocery retail market is expected to become the fifth-biggest in Asia by 2021, according to new data by IGD.

NutraIngredients-Asia state of the industry survey part 1: Optimism high and finances buoyant, but new funding still a challenge

Three out of four respondents in the first NutraIngredients-Asia State of the Supplements, Health & Nutrition Survey believe their firms will post better financial results this year than last....

Eurofins expands in Japan with two acquisitions

Eurofins Scientific has acquired Japan Analytical Chemistry Consultants Co. (JACC) and Ecopro Research K.K. (Ecopro) for undisclosed amounts.

Australian beef exports up for first time in two years

Australian beef exports are up year-on-year for the first time in 24 months, with more growth expected after Japan hit the US, Australia’s biggest competitor, with a hefty tax hike. ...

Inflation and interest rates pile on hurt for Egyptian F&B majors

Food businesses have been suffering in Egypt, where rising interest rates and spiking inflation have caused a squeeze on consumer purchasing power.

Food sector attracts over 40% of Sri Lankan SMEs

More than 40% of Sri Lankan small- and medium-sized businesses are now engaged in food processing, prompting the government to begin construction of a food testing centre aimed at village producers.

South Asia radius

Flavoured milk’s popularity soars as Indians seek on-the-go nutrition

India’s flavoured milk segment has been seeing a significant level of interest, with the category having attracted 43% of all dairy drink launches last year.

Asian big-box retail continues to grow despite threat of new formats

Large-format grocery retail will grow at an average of 3.5% a year from 2016-21 in Asia, according to new figures released by IGD. 

News in brief

MoU signed and CDB funding for Grenada

A trilateral Memorandum of Understanding (MoU) has been signed while Grenada has received funding to boost food safety in the produce sector.

Far East liquor firms top list of most valuable Asian F&B companies

Baiju liquor producer Kweichow Moutai has been named Asia’s leading food and beverage manufacturer in an analysis of market capitalisations in the region.

Southeast Asia radius

Thailand’s neighbours leapfrog Japan to become biggest export markets

Strong demand from other Asean countries should see 8% growth for Thai agriculture and food exports this year.

Grocery council explains why some foods cost more in NZ than Australia

Some food prices in New Zealand are higher than in Australia due mainly to economies of scale that come with a bigger population base, says the New Zealand Food and...

Nestlé backs breastfeeding drive in China as government vows to hit 50% target by 2020

Nestlé in China is backing government drives to increase breastfeeding by holding a number of public events to coincide with World Breastfeeding Week.

Yakult, DuPont, Danone and Watsons join stellar line-up for first Probiota Asia summit in Singapore

Top-level speakers from a raft of major probiotics manufacturers and suppliers will join international academics to present at our first Probiota Asia summit in Singapore in October.

South Asia radius

FDI in Indian food processing netted 43% growth last fiscal

India has already attracted over US$180m in foreign direct investment in the new fiscal year, and has been witnessing growing interest from foreign food companies, according to the food processing...

Japanese frozen beef tariff rise causes US rift

Japan’s decision to increase its tariffs on imported frozen beef imports has caused anger in the US.

Sanyuan and Fosun to acquire St- Hubert healthy-spreads company

Beijing Sanyuan Foods Co. (Sanyuan) and Fosun Group (Fosun) have agreed to jointly acquire Brassica TopCo and PPN Management, the controlling shareholders of St- Hubert.  

Scotch whisky sector calls for a trade deal with India

The Scotch whisky sector wants a reduction in the 150% tariff that India imposes on imports of its products in any bilateral trade deal the UK seeks following Brexit in March 2019.

North Korea faces worst food shortage since famine of 2001

North Korea will face its worst drought in over 15 years if rains do not improve soon, the Food and Agriculture Organisation has warned.

China direct

Consumers now look for healthier and premium products, survey finds

Chinese consumers have become more selective in their spending this year due to pressures at work and tightening household budgets.

Chinese demand continues to boost Australian wine exports

Australian wine exports to China continue to grow, with exports to the Greater China region growing 33% in 2016-2017 and exports to mainland China up 44%.

Dog days for canine meat traders amid changing Chinese attitudes

Last month massive crowds once again flocked to Yulin, in south China’s Guangxi province. Each year, on June 21, the city celebrates a dog meat festival that also attracts much...

Key Industry Events

 

Access all events listing

Our events, Shows & Conferences...