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News headlines

SPOTLIGHT JAPAN

Asahi ambitious for more acquisitions despite European buying spree

Japan’s biggest beer firm Asahi is weighing up further European acquisitions following last year’s two bumper deals with AB InBev.

Expansion of Japanese beef bowl chains to drive Chinese meat consumption

Two of Japan’s biggest conglomerates are planning huge expansion of their ‘beef bowl’ fast food chains across China in order to compensate for low growth in a saturated Japanese marketplace. 

News in brief

Hong Kong adds to avian flu blocked list

Hong Kong’s Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department has banned the imports of poultry meat and products from Egypt, the Odessa and Chernivtsi Oblasts in Ukraine and the Klodzki and Krakowski districts of Poland following recorded outbreaks of H5N8 avian influenza. 

Kashmiri taste for lamb and goat prompts robust meat trade in India

The predominantly meat-eating communities in the Muslim-majority Kashmir valley in the Indian state of Jammu and Kashmir has become a significant market for Indian meat and livestock producers from outside the region.

Poultry producer launches halal subsidiary

One of the world’s largest exporters of poultry BRF – which operates a factory in the UK – has launched a subsidiary to target the growing halal processed foods market in the Middle East. 

Australia goat prices move from ‘strength-to-strength’

A relatively good balance between the Australian and US dollar during 2016 fended off a price pinch for goat meat exporters hit with trade decline.

Qatar-backed wealth fund joins BRF to buy Turkey’s poultry leader

An international consortium backed by a Gulf sovereign wealth fund has agreed to buy Turkey’s biggest poultry producer in a half-billion-dollar deal fuelled by a desire to expand into halal markets.

Chinese farms face new environment tax

China’s pig sector looks set to be restrained by a new environmental tax to pay for proper handling of effluent.

Australian price watchdog needs more ‘teeth’, says beef body

The Australian Competition and Consumer Commission (ACCC) should be given more powers to collect accurate data on the meat industry, the Australian Beef Association (ABA) has claimed.

Thai CPF continues expansion with €49.5m SuperDrob stake

Thailand’s Charoen Pokphand Foods (CPF) has signed a preliminary deal to acquire a 33% stake in Polish poultry processor SuperDrob SA less than a fortnight after its big money Bellisio takeover.

CP Foods thaws US with $1bn Bellisio takeover

Thailand’s Charoen Pokphand Foods (CP Foods) has flexed its financial muscles with a $1.075bn takeover of frozen specialist Bellisio Foods and a 33% stake in Poland’s SuperDrob.

Soapbox

Edible insect industry group set up to support Southeast Asia

In the last few years, dozens of edible insect start-ups have popped up in western countries to supply a new wave of interest in bugs as food. This market is now in need of regulation, promotion and support.

Australian meat chief targets China and Saudi in 2017

The CEO of the Australian Livestock Exporters’ Council (ALEC) has targeted market “diversification” as a key meat industry priority for 2017.

Kazakhstan eyes export of organic meat to Asia

Kazakhstan may become one of the largest organic meat exporters in Asia, establishing export supplies of up to 360,000 tonnes (t) of organic beef and lamb per year, primarily to China. 

China

DaChan plans two new plants to meet demand

Meat processor DaChan Food will open two new plants in the north of China to keep up with growing demand.

Danish organic meat exports to Asia rising

Denmark’s organic meat exports to Asia, fuelled especially by sales to mainland China and Hong Kong, rose steadily in 2015 compared with the year before.

Chinese meat major signs deal with e-commerce giant Jingdon

Shuanghui, China’s biggest meat company, has signed a strategic cooperation agreement with Jingdong (jd.com), one of China’s biggest e-commerce companies, to develop a new sales and distribution channel supplying fine-cut chilled meat online.

Australia welcomes major Vietnamese beef investment

Meat & Livestock Australia (MLA) has welcomed the first large-scale Vietnamese agricultural investment in the country – the purchase of an AU$18 million ($13.6m) cattle station by An Vien Pastoral Holding and Agriculture Company in the Northern Territory.

Thailand’s CP Food targets growth as South Korea resumes trade

After a 12-year hiatus in Thai poultry exports to South Korea, triggered by a bird flu outbreak in 2004, exporters are targeting growth in one of Asia’s largest consumer markets.

Burger King breaks into Bangladesh market

US fast food chain Burger King has opened its first outlet in Bangladesh’s capital Dhaka, predicting expansion amidst the country’s fast-growing economy and promising to target local meat procurement. 

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