SUBSCRIBE

Breaking News on Food & Beverage Development and Technology - Asia PacificEU edition | US edition

Headlines > Markets

China’s production decline sparks import boom

The global poultry industry is entering a period of enhanced market conditions as China’s historic production slump brings a welcome buoyancy to a string of poultry exporters.

News in brief

Market update: Australian lamb

Strengthening domestic demand for Australian lamb has forced prices to grow to be 32% higher in August than they were in the corresponding month in 2015. This represents a two-year...

Australia

Tea companies should target teens as market grows slowly

Despite its well-publicised coffee craze in recent years, Australia firmly remains a nation that loves its tea—only tap water, milk and hot coffee are more widely consumed.

Mintel report shows Chinese energy drink consumption increased by 25%, four times more than the US

A new Mintel report shows that Chinese consumers drank an additional 545m liters of sports drinks in 2015 compared to the previous year, a 25% volume growth.

Asia-Pacific drives world growth in hemp-based foods

Asia-Pacific is due to emerge as the leading market for hemp-based foods and sustain an annualised growth rate of over 23% until 2020.

Ireland making headway on China beef deal

The Republic of Ireland has welcomed “very positive” talks and “constructive engagement” with China over plans to open the market for beef exports.

Korea and Japan the top buyers of US beef

Asian markets outside of China, notably South Korea and Japan, were the biggest buyers of US beef in July, according to trade data from the US Meat Export Federation. 

News in brief

PRAN Group to get food safety help

PRAN Group in Bangladesh is to get help to reduce food safety risks.

Brazil sees exports of grape juice drinks soar in Japan

Brazil has seen exports of grape juice drinks soar in Japan, but wine exports are struggling to get a foothold abroad, according to IBRAVIN Brazilian wine institute.

This week Down Under

Income squeeze slams Australian food retail

Weak underlying income growth is squeezing turnover in food retail, while non-food categories are still benefiting from low interest rates and asset price inflation.

News in brief

Market update: Edible oils in China

Edible oil consumption has increased in China at a compound rate of over 15% since 2005, according to a new report on the market. 

Answer on the way for Chinese investigation of US DDGS?

An ongoing anti-dumping and countervailing duty probe into the US DDGS exports by the Chinese may soon produce a preliminary response.

Heavy monsoon rains give boost to Indian agriculture suppliers

Plentiful monsoons this year are behind an expected 15-45% surge in sales and profits for Indian agro-based businesses over the remainder of 2016. 

Indonesia looks to grow buffalo imports

The Indonesian Bureau of Logistics (Bulog) is promoting buffalo meat as an alternative to beef in an effort to keep prices down. 

Competition Commission of Pakistan slams meat industry

The Competition Commission of Pakistan (CCP) has recommended public-private partnership to run the government slaughterhouses following a critical report into the country’s meat industry. 

International butchers gather Down Under for World Butchers’ Challenge

Butchery teams from New Zealand, Australia, Great Britain and France are congregating to compete in the first World Butchers’ Challenge to see who is a cut above the rest. 

News in brief

Markets update: Chinese garlic prices remain firm as yields decline

Chinese garlic prices continue to remain high, up 30% since the start of the year due to a decline in yields. 

Iran looks to keep growth rate of meat industry

Over the past three years Iran has managed to increase production of table poultry and red meat by 20% to reach an overall figure of 820,000 tonnes (t) of red...

China aids exports to Iraq

One of America’s biggest poultry firms has secured exports to Iraq – thanks to help from China. 

Chinese plant protein drinks grow as manufacturers look beyond soy

Manufacturers in China should be looking at moving past traditional soy-based drinks by incorporating multiple types of plant protein in functional beverages, says Mintel.

Asian food and beverage margins at risk due to rising sugar prices

Asian sugar production is expected to see its first deficit in over five years after a drought last year prompted by El Niño-induced pulled output down to a five-year low,...

Chinese beef acquisitions in Uruguay as Beijing dangles free trade deal

The purchase of a Uruguayan beef processor by a giant Chinese industrial conglomerate looks well-timed as China dangles the prospect of a free trade deal before the Latin American nation. ...

Quality quest: China interested in ‘clean’ aspect of Australian feed barley

China is showing increased interest in Australian feed barley as buyers seek out clean, disease-free grains, according to an industry expert.

Could fortified beer and lassi tap into Asia’s soaring protein demand?

Asia’s demand for protein is soaring, but is the Indian market ready for protein-fortified beers and lassi? 

Thailand: chicken sector to boost standards following abuse claims

Two government departments in Thailand alongside the Thai Broilers Processing Exporters Association (TBA) will improve conditions in the chicken industry, following claims of modern-day slavery.

Key Industry Events

 

Access all events listing

Our events, Shows & Conferences...