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Breaking News on Food, Beverage & Supplement Development - Asia PacificEU edition | US edition

Topics > Industry growth

Industry growth

Industry growth

Higher incomes and an emerging middle class mean the Asia Pacific region delivers good growth rates for food businesses. Consumers are demanding new kinds of products, whether Western-style or convenient versions of traditional favourites.

Dairy ingredients giant on Indonesia: ‘A lot of opportunities here’

Irish dairy and ingredients group Kerry sees a lot of potential in an Indonesian market where sophisticated nutritionals are gaining ground with a young demographic. It is upping investment in...

Indonesia stakes claim as SE Asia's most important food market

Indonesia's food industry will continue to grow in importance as its population of around 300 million gains wealth, according to some voices in the halls of the Jakarta International Expo...

Australia

Abbott government eyes complementary healthcare for deregulation

Tony Abbott’s crusade to cut Australian bureaucratic red tape will now target the complementary medicines industry by considering a greater acceptance of international standards.

News in brief

Nestlé opens dairy institute in northeast China

After making one of the biggest dairy investments in its history, Nestlé has opened the doors a dairy farming institute in northeast China, which it hopes will help modernise the...

Danone Q3 results 'buoyed' by Asian infant formula recovery

The continuing recovery of Danone’s infant formula business, impacted by the 2013 Fonterra whey protein concentrate (WPC) botulism scare, has “buoyed” the French dairy's Q3 results.

Nestle backs beverage ‘belief’ in Vietnam with $36m Milo investment

Nestle has spent $36.6m expanding its Milo chocolate malt beverage factory in Vietnam and stressed its ‘firm belief in the potential of the country’ as nutritional drinks demand grows.

FrieslandCampina, Huishan Dairy form Chinese infant formula JV

FrieslandCampina and China Huishan Dairy have entered into a joint venture to produce and sell infant formula in China under one of the Dutch dairy's existing brands.

McDonald’s Japan revises finances following food safety scandal

McDonald’s Holdings Japan has revised its financial forecasts to take into account a damaging incident earlier this year, in which workers from supplier Shanghai Husi were filmed picking meat off...

Hawaii based project leading to a 'paradigm shift’ in insect based feed production

“Our reactors can generate more protein that an acre of soy. Moreover, our process does not use herbicides, or fertilizer, and also diverts food waste from landfills,” said Robert Olivier,...

Australia

Pipis on the MAP thanks to Asia’s demand for cockles

Innovations in packaging have allowed a newly formed Australian seafood company to expand their business to national and international markets.

Australia

Australia’s food and grocery industry reports year of ups and downs

Australia’s food and beverage, grocery manufacturing and fresh produce industry had a total turnover of A$114bn (US$99.4bn) in the 2012-13 financial year, the Australian Food and Grocery Council revealed in...

China to overtake US as largest dairy market by 2017: Euromonitor

China will overtake the United States to become the world’s largest dairy market by 2017, Euromonitor has predicted.

Mead Johnson unveils $325m Singaporean production and R&D site

US infant formula giant Mead Johnson Nutrition has bolstered its presence in the lucrative Asian market with the opening of a Singaporean research and production site.

ACTEGA eyes up PVC-free demands from Asia

Asian awareness of PVC-free packaging is growing, according to ACTEGA DS, a company which produces coatings and sealants for the industry. 

'The grazing ruminant business is the most attractive one for us in Australia,' Alltech talks strategy after Lienert acquisition

Global animal nutrition group, Alltech, says it is intending to leverage the technical know-how and reach of recently acquired premix manufacturer Lienert, to develop the dairy and beef side of...

Australia

Deregulating complementary medicines would save A$70m a year

Australia’s complementary healthcare industry lobby has called on Canberra to embrace deregulation of non-pharmaceutical medicines as a means to reduce costs while safeguarding consumer health.

New Horizons

Untapped potential for chocolate makers in rural India, says ValueNotes

Chocolate makers are circling the rural Indian market as it is where the majority of consumers reside and infrastructure and incomes have improved drastically, says an analyst at ValueNotes.

Dispatches from Euro Fed Lipid Congress, Montpellier

Malaysia hopes to double palm oil production by 2020

Malaysia hopes to double its palm oil production by 2020 without having to dedicate more land to palm plants, according to a Malaysian minister.

Profile

Beekeeper picked to represent organic farmers in wider industry

A country boy, Peter Hastie has constantly been drawn to the importance of sustainable food production and health throughout his 15 year career on the land.

News in brief

Pathway picked to represent FutureCeuticals in Australasia

FutureCeuticals, the American nutraceutical major whose products are manufactured from fruit, vegetables and grain, has chosen Pathway International to be its distribution partner in Australia and New Zealand.

Blog

Change brewing as Malaysia hops onto craft beer bandwagon

Faced with increasing gains across Asia-Pacific, not least in Australia where traditional brewers are fast losing market share, craft beer importers are now eyeing Southeast Asia as a new growth...

Convenience food spurs Asia-Pacific sales growth in packaging technology

Asia-Pacific is driving global growth in food packaging technology due to the rising popularity of convenience foods and branded products, according to research and consultancy firm MarketsandMarkets.

Southeast Asia

'Ambitious' Asean supplements harmonisation process nearing its goal

Ten years into the process to harmonise the regulatory framework for nutritional and health supplements among Southeast Asian nations, there is light at the end of the tunnel.

Weetabix unveils Alpen bars for Chinese market

Alpen bars targeting busy professionals are the first Weetabix products to be formulated specifically for the Chinese market, following the UK company’s majority buy-out by Chinese conglomerate Bright Foods in...

Coke's largest India bottler abandons $25m bottle line, campaigners claim 'colossal victory'

Coke’s largest Indian bottler has blamed officialdom for the 'inordinate delay' it said led it to abandon a newly built $25m bottling line in Uttar Pradesh, but insists it will...

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