SUBSCRIBE

Breaking News on Food, Beverage & Supplement Development - 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.

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....

Ethical labels worth $2bn in UAE market

Sales of products with ethical labels of some sort reached more than US$2bn in the UAE last year, according to Euromonitor, with recycling and preservatives the main areas of focus....

Demand for lamb rises in China

Chinese lamb imports increased by nearly a fifth last month as the soaring price of pork made sheep meat more competitive.

South Asia radius

Doubled Indian tomato prices deliver surge in puree and ketchup

Demand for tomato puree and ketchup has surged by 40% in just the last month due to surging prices and a trend towards easier-to-cook meals. 

Boost for Sri Lankan cinnamon industry

A joint project is helping cinnamon producers in Sri Lanka meet food safety and hygiene standards to boost export opportunities.

China angry with US over WTO poultry dispute

China is upset with the US after it asked the World Trade Organisation (WTO) to check if China complied with a 2013 order to reform its anti-dumping duties on chicken...

Study shows complex Chinese preferences for flavored milk

Companies interested in selling flavored milk in China might find it a little more complicated than simply getting it on the shelves.

NZ ministry predicts strong dairy growth

The Ministry for Primary Industries (MPI) in New Zealand says that while dairy exports are down 6% in the past year, the future looks good.

Guest Article

Navigating complex global rules for soft drinks

For soft drink and fruit juice manufacturers looking to expand into new geographies, understanding global regulations is vital. However, this is no mean feat.

Dateline Southeast Asia

Indonesia’s sugar shortage could cut production over Idul Fitri

A shortage of sugar may force some Indonesian food and beverage companies to cease production ahead of the Idul Fitri celebrations, the chairman of the Indonesian Food and Beverage Association...

News in brief

Norway joins the move to 100% sustainable palm oil in Europe

Norway has become the latest country to sign the Amsterdam Declaration which aims to see 100% of palm oil used in Europe certified sustainable by 2020. 

China tipped for beef boom

A respected brokerage is betting Chinese companies with access to overseas beef supply will make strong profits by importing and selling the red meat this year.

Consumers seek Ramadan bargains as UAE ups subsidies

Saudi, UAE and Egyptian shoppers are prepared to switch brands for a bargain even as they increase their food spend during Ramadan—a time when the UAE Ministry of Economy pays...

Sector to grow 40% by 2020

The world’s unquenchable thirst for energy drinks

Global sales of energy drinks hit €38.2 billion last year and will be worth €53.4bn in 2020 according to Euromonitor International, even as regulatory winds blow ill beneath the sector's wings. 

Confectionery accounts for 1% of food with sustainable palm oil label

Confectionery products account for 1% of total packaged food that carries a sustainable palm oil label, according to new ethical labels data from Euromonitor.

‘There’s an opportunity to broaden the appeal of energy drinks’: Thailand’s Carabao on potential of UK market

Asian energy drink Carabao has launched in the UK, and while it admits it’s a competitive market, it still sees significant untapped potential beyond the niche categories of ‘lads, high-octane...

Meat demand rises in Myanmar

Meat consumption in Myanmar has grown due to an influx of tourists and investment, while a limited manufacturing base presents new opportunities for international suppliers.

Pakistan cuts duty for meat industry equipment

The Pakistan government has reduced custom duty on machinery imports used in the livestock and meat industry from 5% to 2% to encourage investment in the meat industry.

This week Down Under

Nescafé sales drop as smaller brands and coffee joints gain favour

The proportion of Australians buying instant coffee has declined over the last five years, while fresh coffee sales have increased, market research has found. 

Changing supply chain

Interconnected diets: Two thirds of crops we consume are result of ‘food globalisation’

'Foreign' crops dominate national food consumption patterns and farming practices, according to new research that finds nearly 70% of fruit, vegetables, legumes and grains in an average country's diet originate...

Japanese consumption, Chinese growth spur global demand for probiotics

Probiotics manufacturers are increasingly witnessing the rising importance of Asia-Pacific as growing awareness of the health benefits of “good” bacteria continue to drive global growth.

Philippine halal law to drive meat export growth

Outgoing Philippine President Benigno Aquino has signed into law a consolidated measure on halal exports, which may help boost the country’s meat exporters in the Middle East.

‘Major surge’ in US and China wheat stocks predicted by FAO

US wheat stocks are set to grow, according to new forecasts from the United Nations Food & Agriculture Organization (FAO).

Sparkling future for Iranian soft drinks, if economy holds

After several years of hardship the Iranian soft drink sector is heading back towards stronger growth – but remains under threat from economic uncertainty, according to a Euromonitor report.

Key Industry Events