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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.

Australia

Canny brands should use strategic smarts to topple top tipple

When it comes to Australia’s overall liqueur consumption, one brand towers over all the others: Baileys Irish Cream, which is more than three times more popular than second-placed Kahlúa, and...

Egypt named one of ‘10 emerging markets of the future’

An influential new report has identified Egypt as one of the “10 emerging markets of the future” though its food industry is predicted to see a dramatic change in fortunes...

India

Sesame prices and production in the doldrums

A local decline in production has seen Indian sesame seed prices rising 17% since lows in March this year. Prices are currently up 11% since the beginning of the year,...

CFSI poised for food safety advances - GFSI

The annual GFSI China Focus Day had ‘unprecedented’ support from government and engagement from the private sector, according to the Global Food Safety Initiative (GFSI).

News in brief

Food safety MOU starts first Food Integrity Conference

Chinese representatives from Foshan city have signed a Memorandum of Understanding (MOU) on food safety with the Asia Pacific Centre for Food Integrity (APCFI).

Australia

Multiple cereal benefits uncovered in first-of-its-kind study

A first-ever scientific analysis of different types of breakfast cereals and their impact on the health of Australians has found positive benefits for body weight and nutrition, regardless of the...

Figures show sustainable palm oil boost

There has been an increase in commitments made from RSPO (Roundtable on Sustainable Palm Oil) members towards certified sustainable palm oil, new figures reveal.

Australian wine export figures show demand for fine wine

The value of Australia’s wine exports grew by 11% over the last year, driven by bottled exports at higher price points. 

Flooding devastates China’s rural pork industry

Chinese pork producers are struggling after the city of Wuhan was left paralysed by the worst flooding since the 1998 weather crisis that resulted in more than 3,000 dead. 

Australia

Soy drinks’ growing popularity not just among health watchers

New market research has revealed that soy drinks are now more popular with Australians than energy drinks, sports drinks, iced teas or breakfast drinks.

China invests in luxury pork

There's an emerging trend in China that has seen high-end pork producers target a niche, high-margin market as consumers seek out premium produce.

Chinese chocolate market hit by price hikes and health concerns

Health concerns and price hikes are taking their toll on the Chinese chocolate market – with value and volumes sales in decline according to analysts.

News in brief

Frozen custard and dairy-free biggest climbers in ice cream category, says Nielsen

US retail sales of non-dairy ice cream surged 43.7% to $75.2m in the year to May 28, as more consumers enjoyed almond and coconut-based products in addition to dairy, while...

Chinese pork consumers set to suffer

The global upswing in pork prices is bad news for Chinese consumers who will have to pay record prices for pig meat this year, claims Rabobank.

China direct

Haves and have-nots: China’s new two-speed shopping economy

With value growth in its FMCG market reaching a five-year low, China is marching towards a “two-speed” consumer economy, though the situation is not yet one of general malaise.

News in brief

India is one of our fastest growing countries - BRC Global Standards

BRC Global Standards has expanded in India to encourage and support growth in the country.

Ramadan sparks Lebanon meat sales increase

Meat suppliers in Lebanon were boosted by a surge in meat sales during the holy month of Ramadan and Eid al-Fitr.

Government trawlers help Chinese firms to enter omega-3 krill market

As global krill oil major Aker Biomarine awaits regulatory approval for its new Superba 2 product line in China, increased consumer demand for omega-3s is bringing increasingly more local suppliers...

China's pork industry grapples with pollution crisis

Genetics and nutrition companies look set to benefit from a Chinese crackdown on pollution from the livestock sector, after critics claim slurry is contaminating water supplies.

Hong Kong agrees wider quota for British beef

The UK and Hong Kong have agreed a deal to expand the Asian nation’s intake of British beef, meaning a rise in premium beef imports is on the cards.

China’s pork imports will hit record highs

Imports of pig meat to China will boom by a third as the government shuts down unsuitable farms and the sow herd shrinks to an historic low, analysts have claimed.

Growing Asia-Pacific demand drives cautious global dairy growth

With three of the world’s leading dairy brands, Asia-Pacific will drive modest growth in the global market, alongside increased demand from the Middle East, Africa and Eastern Europe.

Mongolia reports highest-ever livestock count

Livestock numbers in Mongolia reached a record level this year despite harsh climate conditions wiping out more than one million farm animals.

Asian condiments: Pepper, coriander, chilli prices up; ginger dropping

Pepper prices have declined year on year, supported by ample production volumes seen in Vietnam for the 2016 crop, with early production estimates at 160,000 tonnes, sharply up on the year. 

Middle East drives hope for Brazil sweet producers

The Middle East is a bright spot for Brazil’s confectionery industry as the only global market seeing growth, with Brazilian producers hoping to capitalise further on synergies with the region....

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