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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.

Trends for 2015: Asia's mixed bag

Infant food manufacturers will be celebrating in China as the impact of this year's loosening of the one-child ban is felt; meanwhile, traffic-calming measures in Manila continue to prevent goods...

Thailand

Novasep continues Asia-Pacific expansion

One year after opening an Indian operation, French additives major Novasep has announced it will open an office in Bangkok to expand its operations in southeast Asia.

Soapbox

End-of-year health check for complementary medicines industry

Reflecting on the year that has passed, it is surprising how much has changed in the complementary medicines industry in Australia in such a short time.  

Case study

Chinese street food chain makes a ‘bing’ impression in Australia

Combining a popular Chinese street food with a modern franchise model has turned out well for a South Australian entrepreneur with a solid business plan.

‘Our competitors are neither young, nor from emerging nations’: AJE Group on BIG Cola's USP

BIG Cola insists global brands don’t need a presence in the US or Europe as it says it competes with the likes of Coke and Pepsi by 'democratizing consumption' with...

India

Modi confidence raises India’s profile among multinational investors

Indian prime minister Narendra Modi’s tour of countries including the US, Australia and Japan has significantly helped India’s ambitions to be seen as a promising and stable investment destination, according...

‘No palm oil’ label battle won’t start trade or court war: Malaysian minister

The Malaysian government says it is assessing what action it should take to address ‘no palm oil’ labels in France and Belgium, the legal grounds for which have come under...

Fonterra slashes forecast FGMP again as volatility continues

Fonterra has slashed its farm gate milk price (FGMP) forecast for the 2014/15 season to NZ$4.70 (US$3.63, €2.93) - the third such reduction since it was first announced in May.

'Dramatic' carrageenan supply chain shake up as Indonesia eyes domestic processing

Indonesia plans to process half of its seaweed domestically by 2020, meaning the carrageenan supply chain could see massive geographic diversions in the future. 

dispatches from European Bioplastics conference

Indian distribution deal for NatureWorks’ Ingeo resins

NatureWorks and Northern Technologies International Corporation (NTIC) are to collaborate on marketing and sales in India and countries including Bangladesh, Pakistan and Sri Lanka.

Medical food to grow by 30% as firms learn how to appeal to patients

New analysis from Frost & Sullivan has found that the global medical foods market will grow by one-third by 2018, with Asia-Pacific driving this surge. 

Heinz opens infant cereal plant in China

Heinz has opened a major production plant in southern China for its infant cereal and snacks business, keeping a paramount focus on safety and quality.

Australia

Aussie vitamin container seals place at World Packaging Design awards

Australian natural health major Blackmores has won three categories at the Australian Packaging Design awards for their bulk pack design, and will now progress to the WorldStar packaging awards.

Tetra Pak and Nestlé scoop ‘Best in Asia’ awards

Tetra Pak Thailand was awarded Green Company of the Year and Nestlé was recognised as a CSR Advocate at the Asia Corporate Excellence & Sustainability Awards (ACES) 2014 organised by...

RPC Group to expand in China & India following €386m Promens acquisition

RPC Group will acquire Promens Group (Promens) for €386m (£307m), with the deal expected to close at the end of March 2015.

New Zealand

Opening of biggest manuka plant reflects growth in honey's popularity

New Zealand’s biggest honey plant has opened its doors to help ease pressure on one manuka producer by tripling its production.

News in brief

Wipak Group expands in China

The Wipak Group has expanded in China, opening a factory in Changshu near Shanghai.

India

India’s ‘blue revolution” needs port infrastructure rethink

Showing a renewed focus on the fisheries sector, India’s government is preparing to launch its “blue revolution” programme as a means to revitalise the industry. 

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...

Australia

Australia’s biosecurity could be in for a shock

European honey bee colonies wiped out and an invasion of a devastating wheat disease are just two of the potential biosecurity threats facing Australia, according to a report released by...

IFF expands emerging markets footprint with new state-of-the art facilities in Indonesia and Chile

International Flavors & Fragrances (IFF) has opened a state-of-the-art flavors creative facility in Jakarta, Indonesia; and will open a sales office and applications laboratories in Santiago, Chile, on November 26.

Yili to invest NZ$400m in New Zealand dairy projects

Chinese dairy giant Yili plans to invest NZ$400m in a series of processing and packaging projects at what has been dubbed the “world’s largest integrated dairy base.”

dispatches from Emballage 2014, Paris

Zip-Pak targets India and emerging market growth

Zip-Pak is putting its efforts towards emerging markets such as India and revealed it has just picked up two major customers in the country.

“This is a good move for Raisio. They are the correct parent of this niche brand.”

Raisio brings cholesterol-lowering Benecol home for €90m

“J&J should have sold it 10 years ago,” is one analyst’s appraisal of Finnish agro-food giant Raisio’s buy-back of the licensing rights to its cholesterol lowering, plant stanol-based Benecol brand today,...

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.