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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.

Japan’s meat appetite breaks records

Japan’s meat consumption broke new records in the 2016 fiscal year (April 2015 to March 2016) according to recent data, with projected year-on-year growth set to be the fastest in five years....

South Asia radius

India sees 1000% beer growth in six years

Having seen substantial growth since 2011, India’s beer market is expected to reach volumes of nearly 470bn litres by the end of this year—a near thousand-fold increase since 2011.

FDA culls huge number of foreign food facility registrations

In its latest cleanup of its food facility registration database, the U.S. Food and Drug Administration has culled an eye-opening 28% of existing registrations. The biggest drops happened in overseas...

Fiji looks at irradiation to open up fruit and veg exports

Fiji has proposed a project to support irradiation to help increase exports of fruits and vegetables to international markets.

Protein power: Consumers in emerging Asian markets increasingly understand the benefits

Consumer understanding of the nutritional benefits of protein is soaring in Asia, according to research from NZMP, the ingredients brand of New Zealand-based dairy manufacturer Fonterra.

Taste, habits, price and availability: Why young Singaporean adults aren’t eating whole grains

Food manufacturers and health officials have to overcome significant barriers to encourage the consumption of disease-fighting whole grains among young Singaporean adults, a new study has found.

New Zealand ‘front of mind’ for online Chinese food purchases

Kiwi food and beverage companies are poised for further success in China, where consumers increasingly favour products with natural ingredients, according to a report by Mintel.

This week Down Under

Australia finds 1/2m new weekly bread shoppers in a year

Australia’s ultra-competitive bread market has picked up nearly half a million new customers in the last year, with almost 11m shoppers now spending an average of A$8.20 (US$6.16) each on...

FBIF 2017

Chinese millennials: How food and beverage firms can drive sales to younger consumers

Food and beverage manufacturers should shift their focus from items for household consumption to those suitable to be eaten on the go if they want to build brand loyalty among...

FBIF 2017

Why third and fourth tier cities are crucial for MNC growth: Mondelez China boss

Multinationals striving for growth in China need to better target third and fourth tier cities by improving distribution and building relationships with local retailers.

Australian chocolate consumption on the rise, says Roy Morgan Research

Australians are eating more chocolate bars, blocks and boxed chocolates than in 2013, according to research by Roy Morgan.

China’s fast-moving cheese market has massive scope for growth

China’s booming cheese market was worth around RMB3.3bn in 2015 and continues to grow at an annual rate of 20% according to new market research.

Sports nutrition: Singapore’s elite athletes focusing on food first, supplements second

Alternative sources of protein and a greater focus on ‘food before supplements’ is shaping the sports nutrition practices of Singapore’s elite athletes.

Three trends making an impact on packaging innovation: Tetra Pak

Three stand-out trends are driving innovations in food and beverage packaging, according Tetra Pak.

'GALLERY - Botanical boom? The outfits with high herbal hopes for South East Asia

According to analysts at BCC research, the nutraceutical ingredients market will be led by the phytochemical and plant extracts segment, followed by prebiotics and probiotics,...

US targets Japan's appetite for luxury beef

US suppliers are expanding in Japan’s competitive high-end beef market to build on growing consumer demand for US beef.

Guest article

Food safety in Asia: 5 issues to consider

Nine years ago the infant milk scandal triggered alarm among consumers, policymakers and food producers across Asia.

Low sheep supply to spark record Australian prices

Tight livestock supplies will see Australia process 2.7 million fewer sheep and lambs this year, which may lead to record prices for the industry.

China direct

More and more Chinese going nuts in backing healthy snacking

Snacks are increasingly being seen by Chinese consumers as a healthy pitstop between meals, and losing their reputation as indulgent alternatives to traditional meal times.

EBRD keen to assist Mongolia’s dairy sector potential

As part of its drive to strengthen the Mongolian economy by supporting the country's agribusiness sector, the European Bank for Reconstruction & Development (EBRD) organized a dairy conference last week.

Market update

Adverse weather drives Sri Lankan tea prices higher

Prices for Sri Lankan high-grown, fanning-grade tea peaked in early February and remain up on 2016 by 32%. 

Indians are now willing to pay more for healthier snacks

Indians are becoming obsessed with the pursuit of a healthier lifestyle, according to market intelligence that suggests some food companies have already been taking measures to appeal to this change...

Hong Kong restores Brazilian meat trade

Hong Kong is the latest key importer to have lifted a ban on Brazilian meat, after China and Egypt eased restrictions earlier this week.

India

Spice update: Chilli glut subdues market, other spice prices suffering

A good chilli crop has been reported for central India after sowing areas increased substantially over last year due to high prices seen earlier in 2016 tempting farmers to cash...

NATURAL PRODUCTS NEW ZEALAND SUMMIT 2017

‘Clean and green’: Australian and New Zealand functional honey products continue to buzz in China

Natural products with functional claims such as honey continue to face a bright future as both a food and a therapeutic product, not least in China where demand is expected...

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