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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.

Mooncakes and China: Think cosmopolitan, fat-free and green

Young Chinese consumers have adopted global ideals around health and sustainability, driving a cosmopolitan edge to the country’s traditional Mooncake Festival, Euromonitor says.

India

Indians getting sweet on chocolate thanks to Cadbury revolution

Largely due to Cadbury’s marketing nous, India’s chocolate market has changed dramatically since the ‘Nineties, with consumers eating more and different varieties, a new report has highlighted.

India

USDA: Online retail for food and grocery to soar in India

India’s online retail market for food and groceries is set to soar thanks to growing internet and smartphone penetration, a new report by the US Department of Agriculture has revealed....

Australia

Australia’s manufacturers still not fully on board with salt reduction

A review of the Food and Health Dialogue, the Australian Government’s flagship initiative to improve the healthiness of the country’s food supply, has showed mixed results in efforts to reduce...

Dispatches from Euro Fed Lipid Congress, Montpellier

Malaysia hopes to double palm oil production by 2020

Malaysia hopes to double its palm oil production by 2020 without having to dedicate more land to palm plants, according to a Malaysian minister.

Australia

Australians more intent on low-fat diet than reducing cholesterol

Australians have become less concerned with their cholesterol levels and more likely to try to eat less fat and additives, new consumer data suggests.  

Global hunger is falling, but malnutrition still a big issue, says UN report

The number of hungry people has fallen by more than 100 million over the last decade; however 805 million people around the world are still chronically undernourished, according to a new...

Australia-China

Minister: Australia’s “food bowl of Asia” no threat to Chinese farmers

Agriculture minister Barnaby Joyce has assured Chinese farmers that Australia is “not a threat” to their livelihoods on a day when two Far East investment groups established a A$3bn (US$2.7bn)...

Blog

Change brewing as Malaysia hops onto craft beer bandwagon

Faced with increasing gains across Asia-Pacific, not least in Australia where traditional brewers are fast losing market share, craft beer importers are now eyeing Southeast Asia as a new growth...

Entrepreneur interview: Sanjiv Kakkar, managing director of Himalaya International

Himalaya International: Indian food hasn’t taken off because there’s no standard of identity

The flavors of Asia have no doubt made their mark on American palates—as Chinese, Japanese and Thai influences have made their way from niche to mainstream retail and foodservice outlets....

Convenience food spurs Asia-Pacific sales growth in packaging technology

Asia-Pacific is driving global growth in food packaging technology due to the rising popularity of convenience foods and branded products, according to research and consultancy firm MarketsandMarkets.

Weetabix unveils Alpen bars for Chinese market

Alpen bars targeting busy professionals are the first Weetabix products to be formulated specifically for the Chinese market, following the UK company’s majority buy-out by Chinese conglomerate Bright Foods in...

Indonesia

India and China behind Asia’s growth in palm oil consumption

In spite of a recent downturn in prices, there is still cause for optimism for Indonesia’s palm oil producers as a result of growing consumption by China and India. ...

UAE set for torrent of new entrants as chocolate market excels

The United Arab Emirates chocolate market is one of the fastest growing chocolate markets across the globe as big players such as Mars and Nestlé up their investment and others...

China

Chinese retail Westernisation requires a change in packaging thinking

Consumer packaged goods providers will capitalise on the growing Westernisation trend for new experiences, and thus integrate more Western grocery products onto their shelves, market researcher Canadean has predicted. ...

Australia

Building site hipsters Down Under behind rise of coffee-flavoured milk

Australians are well known for fancying the odd flat white, but a new trend suggests they are also becoming quite partial to coffee-flavoured milk.

News in brief

Arsenal FC scores speaking slot at Sports Nutrition 2014

Sports Nutrition 2014 explores the market and future opportunities for the sports nutrition industry, valued at more than $30bn globally, and you can join the action for free!

Gaza conflict causes $450m damage to agri infrastructure

The recent conflict in Gaza has effectively halted local food production and caused US$450m-worth of damage to the territory’s agricultural infrastructure, the UN Food and Agriculture Organisation (FAO) warns....

Brazil envoys petition Egypt and Iran to lift embargoes

The Brazilian agriculture ministry (Mapa) is sending a trade delegation to Egypt and Iran in an attempt to restart embargoed beef shipments and improve systems for importing poultry.

GCC food imports to double in a decade to $53bn

GCC spending on food imports will more than double in the decade to 2020 to reach US$53.1bn, according to an Economist Intelligence Unit (EIU) report.

India

Report suggests India’s baby food market is set to soar

A combination of demographic, social and economic factors is helping grow India’s baby food market, which is set to cross the US$250m mark in 2014, a new report has said. ...

China

China's most prominent food scandals so far this year

There is absolutely no doubt that the Chinese authorities are doing everything they can to bring the country's food industry to order, but they are facing a daunting task. We...

Mooncake Festival 2014: The biggest event in Asia’s cake calendar

The annual Mooncake Festival celebrated in China and Vietnam is by far the biggest event for cake manufacturers in the region, says an analyst.

Companies expanding into Asia must first understand local physiology

Back when Europe and North America were there dominant growth markets for the food industry, Asia was considered as little more than an extension of their traditional business and dominated...

The rest of Asia can benefit from Australia’s organic certification

Asian companies will soon cotton on to the idea that they can export organic goods into China just as smoothly as Australian companies, which have traditionally enjoyed a strong link...

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