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Headlines > Markets

Boston Therapeutics expands Asian markets for Sugardown ingredient as company scrambles to raise capital

Boston Therapeutics Inc. has announced a new marketing deal for its recently-launched Sugardown blood sugar management ingredient that will expand the potential distribution in Asia. The deal comes at an...

Australia

Wealthy Aussies don’t just opt for champagne—they’ll guzzle anything

High earners in Australia are not only more likely to drink more champagne, but also more beer, wine and spirits than their less affluent neighbours, according to Roy Morgan Research.

India

Indian agrifood demand to rise by 136% by 2050

Demand for agrifoods in India will rise by 136% by 2050, according to a report by the Australian department of agriculture’s research centre, Abares.

Functional foods market is expected to grow 25% by 2017: Leatherhead

The global functional food market is forecast to reach $54bn (€43bn), an increase of 25% compared to the last available data from 2013, says Leatherhead Food Research.

China-Australia FTA will provide fillip for Aussie organics

Last week’s free-trade agreement between China and Australia will potentially complement existing agreements between the two countries by boosting access for Australia organic wines, dairy products and possibly meats to...

China

China still hunting for brands that can compete overseas

China is failing to produce enough consumer brands for a globally competitive brand name to emerge, says Wall Street brokerage Bernstein’s research arm in a joint report with the Interbrand...

Australia

Orange juice consumption in fourth year of decline

Over 1.5 million fewer Australians are drinking packaged fruit juice in an average week compared with just four years ago, analysis by Roy Morgan Research has revealed.  

Special edition: functional foods

Functional Foods: The end of the processed foods era?

To understand Functional Foods you must see it as a strategy to add value to processed foods, says the president and founder of the HealthyMarketingTeam, Peter Wennstrom, in this guest article....

Special edition: Functional foods

Phood booed: Why big pharma fails at functional food

Faced with mounting difficulties in their drug businesses, many pharmaceutical manufacturers are looking at getting into functional foods and beverages, notes food marketing expert, Julian Mellentin in this guest article.

Special edition: Functional Foods

Lemon myrtle: Aboriginal functional favourite revived by Sydney Games

An indigenous Australian tree plant, used for tens of thousands of years by Aborigines before being forgotten after the arrival of Europeans Down Under, has the Sydney Olympics to thank...

Australia

Bush tucker will only catch on when it becomes more productive

Australia’s “bush tucker” industry needs a new business model that includes commercial cultivation in order to reach its potential, according to a South Australian academic.

Inflation from China-Australia trade deal could temper benefits

The China-Australia free-trade agreement might significantly improve market access for Australian processed foods to China but, according to one minister, it could also prompt price inflation to hurt domestic consumers.

News in brief

Jean Claude Van Damme fronts Coors Light Aussie campaign

Coca-Cola Amatil has signed up actor Jean Claude Van Damme in a multi-million dollar campaign to plug the launch of Coors Light Draft in Australia.

Iraqi agriculture facing $38m shortfall

Iraq needs an additional US$38.5m in agricultural aid if it is to avoid collapse, the UN Food and Agriculture Organisation has warned.

Huge influx of Chinese capital coupled with threat of violence seriously destabilizes maca trade in Peru, expert says

Soaring demand from China and an extremely steep rise in prices has distorted the market for the Peruvian botanical maca to the point where non Chinese buyers have been all...

India

El Niño’s effect on harvest means edible oil imports must grow by half

India’s import bill for edible oils this year is expected to increase by 50% due to sizeable shortfall in its own oil seeds production in as a result of El...

Australia

Licensing laws the likely cause for falling alcohol consumption

Australians are drinking less alcohol than their trans-Tasman neighbours, and doing so less often than they did five years ago, research has found.

Manufacturers urged to take passage to India

India could be the ‘new China’ for food and drink manufacturers looking to increase margins and supply emerging markets in Asia, two industry experts have claimed.

Live from Gulfood Manufacturing 2014

Tetra Pak: Asia, Africa & Latin America will consume ever increasing share of liquid dairy products

Asia, Africa and Latin America will consume an ever increasing share of liquid dairy products, according to Tetra Pak.

Australia

Aussie ice cream market stabilises while hipsters mount premium charge

Bulla is still the top-selling frozen dairy brand in Australia, even if many Australians have become less tempted to put tubs and cartons of ice cream in the trolley. 

Brain health drinks gaining global traction: Canadean

Drinks boating polyphenols and other ingredients that boost brain health are winning over more adult consumers, according to market analyst, Canadean.

Australia

Supermarkets benefiting most as Aussies buy more meat

The Australian butcher is safe in spite of growing competition from supermarkets, as consumers continue to buy meat from speciality retailers, especially in cities.

Food Security Index update

World's most obese nation? Kuwait (and the next four are Middle Eastern)

Kuwait has the world’s highest percentage of obese people – 42.8% of its population is obese – and the next four fattest countries are also from the Middle East region,...

Australian complementary health under the spotlight

From ebola to nanotech: Complementary health's newfound confidence

Each day this week, FoodNavigator-Asia will be looking at elements of Australia’s complementary health industry, and assessing its progress in the face of a regulatory system that might well be...

Euromonitor: India snacks hold explosive growth promise for ingredients

 Ingredients suppliers should target India’s sweet and savory snacks sector because it’s untapped and brimming with potential, says Euromonitor International.