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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.
Figures show India’s wealthy are flocking to organic food
The number of wealthy Indians choosing organic food products has grown threefold over the last five years, according to a survey by the Associated Chambers of Commerce and Industry of...
News in brief
Omega 3 squid oil processor gets Australian approval
Pharma Marine, a Norwegian company sourcing omega 3 oils from squid, has announced approval of its Calamarine product by Australia’s Therapeutic Goods Administration.
News in brief
Ready meals on the rise in time-poor Japan
With a value growth of 4.3% expected between 2012 and 2017, the prepared meals sector has been showing above-average growth in Japan.
BUT BIG BRANDS HENNESSEY, JOHNNIE WALKER STRONG IN KEY MARKETS
Spirits brands miss digital marketing opps in new Asian sales 'epicenter'?
Despite runaway spirits growth in Asia, 20% of global brands do not have a Chinese website, and mobile sites tend to lack investment, but Hennessey and Johnnie Walker are strong...
Homegrown Australasian energy drinks are happy going their own way
Yesterday, we looked at how energy drinks, in spite of their small market size, have been enjoying an effervescent year of growth in Asia , to the point the continent now...
Research
Energy drinks adding fizz to buoyant Asian beverage market
Even though energy drinks forms the smallest category of soft drink consumption in Asia, one industry research company has hailed it as the most dynamic.
Market research
More Americans than Aussies prefer Australian-made products
While it is well known that Australians claim to favour locally produced goods, more people in the US are likely to opt for brands with a Made in Australia label...
Beverages
China still world’s thirstiest country, Apac sees stagnant growth
Last year, China was once again led the world in alcohol consumption, having swigged through more than 59bn litres of alcohol, according to market research firm Euromonitor.
Commodities
World waits to learn the impact of China and India’s rice market surge
The recent rise of India as a rice exporter and of China—somewhat unexpectedly—as an importer is paving the way for increased uncertainty to the global market for the crop, according...
Indian commodities
Guar gold rush now coming to a halt
All signs indicate that India’s guar gum industry’s stellar year is on the wane, according to a new industry report.
More arrested for smuggling infant formula than drugs - Hong Kong Customs
More people have been arrested for attempting to smuggle infant formula out of Hong Kong since 1 March 2013 than were detained at the border for trafficking drugs throughout the...
News in brief
Asian cocoa grind falls 10.8%
Cocoa grinds in Asia were widely expected to rise but have declined sharply by 10.8% in the first quarter of 2013 compared to last year.
Emerging markets more open to chocolate innovation, says R&D chief
Consumers in emerging markets are more receptive to new chocolate products than counterparts in established markets because they don’t have a point of reference, according to ADM Cocoa’s innovation chief....
Ankush at large
Fallacy to think Indians are leaning towards healthy foods
I chanced upon a press conference at a five-star Mumbai hotels the other day. I had turned up for a meeting with an old acquaintance, but on my way out...
'ELEPHANT COFFEE' ENTREPRENEUR SURPRISED BY JAPAN MICROBREW SALES
World’s priciest coffee brand Black Ivory Coffee seeks beer licensee
The world’s priciest coffee brand, Black Ivory Coffee, made using Thai Arabica beans predigested by elephants, tells BeverageDaily.com it is searching for a reputable microbrewer in Japan to license a...
Ankush at large
Kiwis must capitalise on China by developing Brand NZ
The last time I went to China was last year, to visit an old friend who had moved to Shenzhen by marriage. The Chinese government might tout Shenzhen as a...
Philippines must open up new markets for produce exports
The growth of agro-based exports may be sustained with the opening up of new markets for sugar and bananas, according to the Philippines National Economic and Development Authority (Neda).
Brazil venture to take pressure off China's domestic corn processing
In a bid to slow down China's corn production, state-owned BBCA Group will invest US$320m in the construction of a plant to process corn in the Brazilian state of Mato...
(Elephant) Crap stout prompts Japanese sales stampede
A limited edition coffee-flavored beer brewed using coffee beans harvested from elephant dung sold out within a day after going on sale in Japan, brewer Sankt Gallen claims.
Guest voice
Food industry has big role to play in Asean single market
As the deadline for the creation of single common market across the Association of Southeast Asian Nations (Asean) fast approaches, the food industry has stepped up to demonstrate that the...
News in brief
Asean gets industry body to help harmonise policies and standards
The new Asean Food and Beverage Alliance (AFBA) has launched in Singapore with the aim of harmonising food policies and standards across the bloc.
Growth story
Food consumption in India will double by 2030
India’s overall food consumption will double by 2030, according to new research by McKinsey and the Confederation of Indian Industry.
Chinese staples
Corn production overtakes rice, leading to greater insecurity concerns
Raising further concerns over China’s long-term food security, the production of corn in the country overtook that of rice for the first time last year, according to a report by...
New Zealand chocolate consumers ‘trade up’ for ethics and health: Leatherhead
Consumers in New Zealand are spending more on healthier and ethical chocolate variants - a move that has aided growth in the burgeoning sector, an analyst says.
NZ exports: SE Asia and Far East fast overtaking traditional markets
New Zealand’s Minister for Economic Development, Steven Joyce, has released a report showing growth in the country’s food and beverage sector is being driven in particular by emerging economies in...
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