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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.

News in brief

PwC to help ISO standard compliance

PwC has established a specialist food and agribusiness advisory team and food safety assurance offering in Australia.

Australia’s pie market booming as Pie Face hunts for buyer

With reports that beleaguered Australian fast-food chain Pie Face may soon be sold, new market research bodes well for the company if it gets back on track.

Thailand opens up to Korean investment

Thailand’s prime minister has made a personal plea to Korea in a bid to woo companies to invest in his nation.

Asian consumers more interested in nutrition and healthy eating than westerners: Survey

Asian consumers are far more likely to be interested in healthy eating than those in the West, according to a new survey of attitudes to diet and nutrition.

Africa and Middle East love sweet bakes, but want sugar reduction: DuPont

South African, Egyptian and Saudi Arabian women see the appeal of healthier snacking options, but sweet baked snacks remain more popular.

Cooperatives can improve India’s dairy industry, NDDB chair says

Shri Dilip Rath, chairman of India’s National Dairy Development Board (NDDB), said dairying in India is more about livelihoods for millions of smallholders than simply a business.

Indian food delivery sales hit $300m despite paltry start-up funding

Online orders grew by 150% last year, despite what appears to have been a difficult year for Indian food delivery startups.

China’s top online meat sales trends

Chinese males aged between 28 and 35 are the sweet spot for vendors of meat in China’s booming online commerce.

SPOTLIGHT JAPAN

Have a break...have a Kit Kat sushi

Japan is known for its love of weird and wacky Kit Kat flavours, but Nestlé might have just taken the biscuit with its sushi version.

War and smuggling hit Libyan sheep sales

Civil war, currency instability and smuggling are hitting the Libya's sheep market and stocks of the key Libyan Barbary Sheep breed are decreasing.

Chinese sweetener prices rising at last after spate of plant closures

After a year-long race to the bottom by Chinese manufacturers, acesulfame-K sweetener prices have grown steadily since May, with analysts expecting further increases then stabilisation as suppliers, including segment giant...

The age of the soda tax: Moves in Asia-Pacific

Debate over sugar taxes hit the limelight last year, with the controversial topic grabbing headlines around the globe.  

Asia-Pacific sweetener market dynamics

Asia-Pacific stands out both as a region with high sweetener consumption and consistent growth. By 2019, the region is predicted to overtake declining Western Europe. 

Irish producers show off clean, green image in fight for ME share

Ireland’s government food industry promoter has said it hoped that the Emerald Isle’s strong reputation for farm provenance would boost sales in the Middle East as it launches a new...

Japan ‘meat day’ looms – sales boom expected

Butchers, supermarkets and barbecue restaurants in Japan are gearing up for the national meat trade’s busiest day of the year, dubbed ‘Meat Day’ – on 9 February. 

Good year, bad year: 2016 was challenging for RSPO; Will it fare better in 2017?

The Roundtable on Sustainable Palm Oil (RSPO) faced a number of well-publicised challenges last year. Consumers remain confident in the scheme, it appears, but can the same be said for...

News in brief

Market update: Palm prices fall after sharp end-of-year rally

Palm oil prices fell in December as a result of end-of-year profit-taking following a sharp rally in prices throughout 2016. 

The most innovative Chinese foods in 2016

From baby water to black cereals and even beauty-enhancing juices, innovations in China’s food and drink market were particularly dynamic in 2016.

Guest article

Top 5 yogurt brands in Singapore

Yogurt is enjoyed by almost all age groups across all regions, and endorsed now more than ever due to its probiotic benefits and nutrition value.

Oysters behind norovirus outbreak in New Zealand

The Ministry for Primary Industries (MPI) in New Zealand has warned people not to eat certain brands of chilled oysters as they may be contaminated with norovirus.

Apac embraces healthy diets with organic dairy foods and drinks

Asia-Pacific’s organic dairy foods and drinks market is growing at a rapid pace due to its enhanced nutritional profile and its role in the act of sustainability.

China likely to demand more cereal from Canada: new report

The latest report from The Conference Board of Canada showed that commodities and consumer goods, such as cereals and nuts, will likely to see rising demand from China in coming...

Salmonella outbreaks from undercooked eggs and meat sicken 70

More than 70 people in an Australian state have been sickened by Salmonella in five outbreaks linked to undercooked eggs and meat.

PEZ primes for China entry

PEZ is preparing to enter China later this year as it announces a string of dispenser licenses for 2017, including Super Mario and Transformers.

Tuatara: ‘We’re changing the shareholding, not the recipe’

DB Breweries buys New Zealand craft brewery, Tuatara Brewing Company

Heineken subsidiary DB Breweries has bought New Zealand craft brewery Tuatara Brewing Company. 

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