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Breaking News on Food & Beverage Development and Technology - 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.

This week Down Under

Booze retailers urged to follow dominant Dan Murphy’s model

Of the enormous A$14.5bn spent in Australia last year on alcohol from liquor retailers, almost three-quarters went to supermarket-affiliated retailers, leaving independent stores far behind major chains like Dan Murphy’s...

Regulators pave the way for use of hemp as a food in Australia and New Zealand

Food Standards Australia and New Zealand (FSANZ) has today issued a circular paving the way for the sale of low-THC hemp seed products as a food.

UAE’s Hotpack tempted by wales for $62m plant investment

A UAE-based food packaging materials company is planning to invest US$62m in a manufacturing plant in Britain, which will also function as its new head office for the UK and...

Eurofins expands in Singapore and Turkey

Eurofins Scientific has acquired two companies to boost testing services in Singapore and Turkey.

AusNutria seemingly unaffected by new China infant formula rules as revenues rocket

Revenues at Hong Kong-listed infant nutrition company AusNutria soared by 30.3% to RMB2,740.3 million (US$396 million) for 2016, despite intense market competition, most notably due to new regulations in China.

Ingredients firm to build massive animal feed factory in China

Archer Daniels Midland (ADM) Company is targeting Chinese growth with plans to build a new animal feed factory in central China and add aquaculture production lines to another factory in...

China

Pork over-capacity making things too uncertain for Smithfield growth

Over-capacity in the world’s biggest pork market has prompted the chief executive of WH Group to exercise caution over expanding its Smithfield’s pork processing operation in China.

Six stand-out functional food and supplement trends from Indonesia

From consumer spending to retailer awareness, we pinpoint six of the most pressing functional food and supplement trends ahead of next week’s HI South East Asia exhibition and conference in...

FOODEX JAPAN 2017

'Don’t dismiss organic': Growing US market could offer opportunities and advice for Japan

Japanese firms can tap into rising demand for organic and natural produce and products in the US by learning best practices and getting to grips with the latest market trends.

ASIA'S FOOD LEADERS VIDEO SERIES

VIDEO: Asia is still the growth engine of the food world, Singapore CEO

Better productivity, more reliable logistics and enhancing export oppotunities - these are just three of the key benefits of Commonwealth Capital's new $70m manufacturing site in Singapore.

Russia’s Miratorg targets Asia for $100m export push

Russian meat company Miratorg wants to see its export revenue rise to as much as $100m this year, and a major product push at a Chinese trade show is underway...

Gluts, shortages and looming penalties: China’s carbohydrates markets

China’s sweeteners market has seen great disruption recently, at a time when environmental policies have been limiting production.

China direct

Chinese meat major refocuses on established markets from emerging ones

New Hope is anticipating a fourfold rise in business after announcing plans to expand into new established markets as part of China’s “Belt and Road” initiative to promote exports.

FOODEX JAPAN 2017

Japan halal: Manufacturers urged to boost shelf life to cash-in on Middle East exports

Increasing the shelf life of halal products is the single factor that could help Japanese firms boost sales to the Middle East, and in turn help meet the government’s 1...

Flavour major Takasago opens first Indian flavour plant

One of the world’s biggest flavour and fragrance companies has opened its first Indian manufacturing facility as part of an aggressive expansion into the country.

FOODEX JAPAN 2017

Kangaroo versus Kobe: Can Aussie protein take on premium beef in Japan?

Increasingly health conscious Japanese consumers can be persuaded to skip Kobe beef in favour of top-of-the-range kangaroo, claims a pioneer of the Australian industry.

FOODEX JAPAN 2017

Taiwan tempted to look at new trade deals to boost Japan exports

The leader of Taiwan’s delegation to FoodEx Japan says there is still scope for more exports to the country’s second largest trading partner, while the agriculture minister has left the...

FOODEX JAPAN 2017

Indian SMEs need export support and technology partners, 'not purely cash investment'

Driving exports to Japan and securing new technology partners for manufacturers and suppliers should be the main priorities for the Indian food processing sector, according to exhibitors at FoodEx Japan.

Halal food manufacturers are destined to appeal even to non-Muslims

Halal is no longer the sole domain of Muslims, and is instead “a new culture many countries are keen to embrace” as they seek healthier and more sustainable food supplies.

FOODEX JAPAN 2017

Japan going bananas for Philippine food exports as trade chiefs eye record business at FoodEx show

The 17-strong delegation of Philippine food firms showcased at FoodEx Japan this week is targetting record total sales topping US$28m from the four-day event – with banana-based products booming in...

‘It’s been a great year for beer exports, but we can certainly do more’: BBPA

British beer exports to China up 500%

British beer exports to China have increased by 500%, according to figures published by HMRC, while beer exports overall rose by 6% in 2016.

South Asia radius

Food processing minister resumes crusade to charm foreign investors

India’s food processing minster has returned home after a trade tour to Japan, where she met executives of close to a dozen food companies in a bid to attract them...

Dairy Association of Sri Lanka formed

The formation of The Dairy Association of Sri Lanka took place in February.

FoodEx Japan 2017

Functional soups: The next big business opportunity for food and nutrition firms in Japan?

Functional soups featuring botanical and herbal ingredients such as ginger, ginseng and cordyceps are ripe for new product development in Japan, with the ageing population a particularly lucrative target market.

News in brief

a2 Milk Company buys shares in Synlait

Australia’s a2 Milk Company (a2MC) has announced it will acquire approximately 8.2% of the shares of Synlait Milk Limited.

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