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.

Far East digest

McDonald’s registers first growth after 19-month slump

McDonald’s Japan has registered its first sales increase after a year and a half in the doldrums.

Chinese firm creates 50 UK jobs

Chinese food manufacturer Freshasia will open a new production facility in Little Melton, south Norfolk, creating more than 50 jobs, thanks to securing investment from a number of funders.

Quorn snapped up by Filipino company for £550M

Quorn Foods has been sold to Filipino branded consumer goods company Monde Nissin for £550M, ending months of speculation.

This week Down Under

Supermarkets fall out of favour for new legion of supplements buyers

Amid news that the Asian market cannot get enough Australian-made vitamins and health supplements, the latest research findings show that demand is also skyrocketing on the home front.

Syntax China to sell Michelman HP Indigo presses

‘Rapid development of Chinese digital printing market’

Michelman has signed a distribution agreement with Syntax Technology, in Beijing, China, to sell its HP Indigo presses.

SE Asia dairy focus

America's dairyland to Thailand: Sizeable growth in ingredients

Grassland, a Wisconsin butter products company, is seeing fast expansion in a Southeast Asian market that is now demanding a wide range of ingredients. "It is a very positive market...

SE Asia dairy focus

American dairy's newest frontier

Southeast Asia is now America's second biggest market after Mexico, and is the centre of a growth trend that is set to continue. Dali Ghazalay, the US industry's regional representative,...

BASF and Genomatica expand BDO process for packaging to SE Asia

BASF and Genomatica have expanded their license agreement to produce 1,4-butanediol based on renewable feedstock (renewable BDO), from North America to Southeast Asia.

AAK acquires major stake in Indian company

Edible oils AAK has acquired a 51% share of Indian specialty oils and fats company, Kamani, to strengthen its foothold in India.

Yashili set to acquire infant formula business from parent company Mengniu

Chinese dairy Yashili has agreed to acquire infant formula business Oushi Mengniu from its majority shareholder, Mengniu, for around $165m.

Tetra Pak focuses on Europe and Japan with TR/G7 filling machine

Tetra Pak has launched TR/G7, a filling machine which has a capacity of 6500 gable top packages per hour, for chilled distribution.

EuroPack Summit 2015, Monaco, France

China beer market is declining but individualization and online purchases have risen

The beer market in China has declined recently but individualisation and people buying their beer online has risen in the country, according to Thomas Delory, global procurement team leader, Packaging...

Savola and Thai Union form seafood JV, aim to net $400m in sales

Saudi’s Savola Group has formed a joint venture with Thai Union Frozen, one of the world’s largest seafood processors, to bring new seafood products to the Middle East, targeting US$400m...

News in brief

IFC signs advisory services agreement with Stora Enso Lao

IFC, a member of the World Bank Group, has signed an advisory services agreement with Stora Enso Lao Co. to help the company improve its social risk management in Lao...

News in brief

Agilent partners with DKSH in Vietnam on spectroscopy equipment

DKSH has signed a distribution agreement for Agilent's spectroscopy systems in Vietnam.

China direct

The natural super-sweetener the Chinese are protecting jealously

China’s fierce protection of its indigenous luo han guo vine fruit may be about to bear fruit as demand for mogroside, a natural sweetener made from it, soars across the globe....


Trade and the changing business environment

The way consumers and businesses interact is changing. Digital technologies, the “electricity” of the twenty-first century, for example, allow relatively small businesses to operate internationally. 

Fonterra Australia unveils AU$31m Woolworths private label milk plant

Fonterra has expanded its site in Cobden, adding a AU$31m (US$22.4m) fresh milk plant to supply Australian retailer Woolworths.


Reports: Chinese formula company snaps up Swisse in A$1.5bn deal

Australian vitamins and supplements manufacturer Swisse has reportedly been bought by Hong Kong-listed infant formula maker Biostime.

Dateline Southeast Asia

Whole grain consumption by pregnant women in Singapore critically low

The first study of its kind has found the intake of whole grains by pregnant women in Singapore is below international guidelines, potentially increasing their risk of developing gestational diabetes.


S Australia strengthens China ties through Adelaide food export park

In a further example of tightening food industry trade links between Australia and China, a South Australia-Shandong consortium has agreed to build an A$70m (US$50m) agricultural consolidation park in Adelaide...


Rabobank: SE Asian bloc will pave way for food and meat to boom

Packaged food and meat will gain most out of all food and agriculture (F&A) sectors as a result of Asean Economic Community (AEC) integration to outpace global growth.

China direct

Half of Chinese consumers use internet to order groceries

Almost half of Chinese consumers say they are already ordering groceries online for home delivery—at 46%, this represents nearly twice the global figure of 25%.

Monday feature

Battery farming: Graphite could be super-fertiliser, say researchers

A rare form of graphite, better known for helping charge battery-powered gadgets, is currently being investigated by scientists in South Australia as a potential soil conditioner.

Kaneka gains EU novel food extension for liquorice extract

Japanese supplier Kaneka has secured an extension for the Novel Food status of its liquorice extract Glavonoid, which is now approved for use in medical foods and energy-restricted diets.

Key Industry Events