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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.

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...

Crafty Australian beer independents set sights on China’s middle-class

China’s craft beer market might not yet be as dominant as its Australian counterpart, but this will change as a growing and affluent middle-class opens its eyes and palates to...

China offers good prospects despite tangled health food regulations

China’s health food and supplements niches need filling, even if the current regulatory environment continues to put off some key international players.

India

CII: Lacklustre Indian companies must invest more in R&D

A chronic lack of investment and incentives has stalled Indian food product development, according to a report released by the Confederation of Indian Industry (CII).

Chasing umami: the rise and rise of fermented food

At the intersection of consumers’ growing interest in bold, spicy flavors, health and a desire to expand their horizons through food, fermented foods have re-entered the spotlight owing to their...

News in brief

California’s clean reputation credited for rising China exports

Californian food producers are a major beneficiary of Chinese consumer concerns in the wake of a spate of domestic food scandals. 

Malaysia

Malaysia forms halal fund to boost its export dominance

Malaysia aims to keep on top of the organised halal industry by injecting US$88m into a business development fund that it hopes will push more domestic businesses into the international...

Insight

Human rights due diligence is part of the cost of business in SE Asia

Recently, it seems that not a week goes by without a lead story in the English-language press raising serious concerns about the adverse impact of some food and beverage companies...

Tata Global Beverages: Greenpeace pesticide study ‘confirms tea brands safe to drink’

Hindustan Unilever India and Tata Global Beverages insist their teas comply with legal standards and are safe to drink after Greenpeace said it found illegal pesticide traces in popular Indian...

Clariant to develop Australian market with masterbatches plant

Construction has begun on a Clariant masterbatches plant in Sydney, Australia, to open in the fourth quarter 2014.

Deal cements supply relationship for more bioavailable curcumin, quercitin out of Japan

Thera Innovations, a Canadian importer of dietary supplement ingreidients, has anounced a new supply deal for more bioavailable forms of curcumin and quercitin. The ingredients, branded as Theracumin and EMIQ,...

Australia

Virtual bottleshops see steady growth as more Aussies buy online

Amid news that online shopping while under the influence of alcohol is now a recognised phenomenon, a growing number of Australian adults are using the internet to buy alcohol. 

News in brief

Cash rich and time poor, more Australians opt for ready meals

The number of Australians opting for frozen or chilled ready-meals continues to grow, according to new figures from Roy Morgan Research.

Australia

FTAs crucial to Australia’s agribusiness future

Australia must give priority to inking more Free Trade Agreements (FTAs) if it has to secure its agribusiness future, according to a new report by global agribusiness specialist Rabobank.

Global Halal market to hit $1.6tn by 2018

The global Halal food market will be worth US$1.6tn by 2018, up from US$1.1tn in 2013, according to a report commissioned by Dubai Chamber of Commerce.

GCC ‘key market’ for NZ agribusiness – report

The Gulf Cooperation Council countries are key markets for New Zealand’s agriculture industry, and firms should be targeting them as a priority, according to a Rabobank report.

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