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This week Down Under

Superfoods viewed as ‘edible insurance’ by wary consumers

Australian consumers are initially skeptical about new superfoods but still consume them for a bit of "extra insurance" for their health, according to research.

News in brief

Delayed Indian monsoon causes guar gum prices to rise

Indian guar gum prices have risen 17% month on month, supported by the delayed arrival of the monsoon, which in turn has delayed sowing of the new guar crop. 

Food service industry now India’s third biggest service segment

India’s food service industry must face up to a variety of issues from multiple taxation to limited foreign exchange benefits if it is to capitalise on its position as India’s...

Predator-free New Zealand is critical to the dairy industry: Fonterra

Fonterra has welcomed the New Zealand Government’s ambitions to make the country predator free by 2050, saying the ‘hugely significant goal’ is shared by the dairy industry.

UK-China free trade agreement of ‘great interest’ to meat sector

A China bilateral trade deal offers "great opportunities" to the UK meat industry, according to The International Meat Trade Association (IMTA).

News in brief

India’s chicken market nervous over US imports

Senior figures in the Indian poultry industry are pushing the government to impose sky-high taxes on US chicken imports.

UK reportedly exploring free trade agreement with China

British Chancellor of the Exchequer Philip Hammond is rumoured to have started negotiations with China over a multi-billion pound free trade agreement (FTA), only possible once Brexit is realised. 

Market Insights

Restacking BRICs: Chocolate makers to rethink future growth markets, says Euromonitor

Euromonitor International has pinpointed several promising chocolate markets that may help manufacturers offset slowdowns in traditional emerging markets such as China and Brazil.

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.

Key Industry Events