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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.

Japan’s Food with Function Claims: Limited consumer understanding of regulatory details

Consumers, physicians and pharmacists have a high level of awareness of the existence of Japan’s Food with Function Claims (FFC), but far fewer have a clear understanding of what the...

Ajinomoto set to thaw Europe with multi-million euro takeover

Japanese food giant Ajinomoto has fired up its European growth plans with the acquisition of France’s frozen food business Labeyrie Traiteur Surgelés (LTS) for an undisclosed sum.

Aussie wine firms turn to AI to streamline manufacturing

The Australian wine industry is turning to artificial intelligence to streamline its manufacturing and significantly increase production efficiency by optimising machine use.

News in brief

Sadara starts production of propylene glycol at huge new plant

Saudi Arabia’s Sadara Chemical Company has begun production of propylene glycol at a new plant in Jubail Industrial City II.

Singapore and South Australia unite to drive functional food innovation among SMEs

Singapore’s government enterprise body SPRING is joining forces with economic development agency Primary Industries and Regions South Australia (PIRSA) to collaborate on functional food innovation.

Premium meatpacker bought by Japanese trader

US-based beef and pork supplier Creekstone Farms has been sold by Sun Capital Partners to Japanese trading conglomerate Marubeni Corporation for a fee thought to be $170m. 

Yakult begins work on sixth China factory

Yakult is to begin construction of its sixth plant in China to increase production of its probiotic milk drinks.

Yakult Danone plans India expansion as probiotics awareness grows

Yakult Danone India is to increase manufacturing capacity at its Sonepat facility to meet rising demand for its probiotic drinks.

Novacap’s first sodium bicarbonate plant in Asia opens in Singapore

Novacap has officially opened a sodium bicarbonate plant in Singapore, the first of its kind for the French firm in Asia, to boost sales to bakery and pharmaceutical sectors, among...

India

Venky’s gains from beef ban despite recent suspension

India’s ban on the sale of cattle has boosted the corporate fortunes of poultry producer Venky’s, whose stock has rallied by 360% so far this year.

Craft in a froth after watchdog decides not to pursue beer majors

The craft brewing industry has hit out at Australia’s competition watchdog’s decision not to take action against beer majors over distribution contracts that they say shut them out of pubs...

FoodPro / AIFST Convention 2017

Australia’s food regulation changes: ‘The good, the bad and the ugly’

The desired policy outcomes for Australian food and drink regulations are rapidly shifting away from food safety and point-of-sale information to being focused on public health and consumer rights…leading to...

This week Down Under

Science agency launches food ‘innovation and entrepreneurship’ roadmap

New technologies could see Australians eating algae-based sources of protein, developing allergenic-free nuts and helping the environment with edible packaging, according the the country’s government research institute.

Novel food status for isomalto-oligosaccharide granted in Australia and New Zealand

Regulators in Australia and New Zealand have permitted isomalto-oligosaccharide (IMO) as a novel food for use in a range of food and beverages, including sports nutrition and meal replacement products. ...

South Asia radius

Indian dairy brand owner turns to Belgian investor for round-B funding

The parent of Epigamia Greek yoghurt has raised INR900m (US$14m) in funding from a Belgian private equity group.

Chemicals firm buys majority stake in Chinese vanillin specialist

Camlin Fine Sciences has acquired a majority stake in Ningbo Wanglong Flavours and Fragrances, which specialises in vanillin flavours for the food industry.

FoodPro / AIFST Convention 2017

It’s a case of when, not if, grocery e-commerce will start to soar in Australia

Australia is primed for e-commerce food sales to take off – but the big question that remains is which outfits are prepared to pump in the investment to make it possible?

Could malformed mushrooms be the next big sports nutrition ingredient?

Mushrooms have been hailed as the perfect ingredient for new sports drinks, with researchers in Australia claiming they could be key to refuelling after a workout.

FoodPro / AIFST Convention 2017

Weak consumer confidence and retail slowdown big concerns for Aussie food manufacturers

Business confidence is outweighing that of consumers in Australia, with rising household debt, more out-of-home dining and falling retailer margins having the potential to cause problems for the nation’s food...

FoodPro / AIFST Convention 2017

Shipping dumplings to China: Minister says Aussie food firms can be 'as innovative as Silicon Valley'

The Australian food industry can become as “innovative as Silicon Valley” by embracing innovation, tapping into migrant community networks and exporting more to Asia - with one firm now seeking...

Fast food franchise wars in China

Hua Ke Duo's black sesame sprinkled buns and chilli pepper flavourings are Chinese, but the hamburgers are bigger than those at McDonald’s. 

Roha acquires Delta’s colours business for Middle East expansion

Indian natural colours and pigments major Roha will expand into the Middle East and North Africa following its acquisition of the colour division of Delta Aromatics.

News in brief

NZ food group to launch industry internship programme

The New Zealand Food and Grocery Council will launch an internship programme to “create a pipeline of top talent for the FMCG industry”.

Halal meat business sets out ‘ambitious’ trade plans

UK-based firm Haloodies will start exporting meat snacks to United Arab Emirates (UAE) supermarkets as part of a big push to become a global halal brand.

Hogan to lead Middle East agri-food trade mission

European commissioner for agriculture and rural development Phil Hogan will front an autumnal trade mission to Saudi Arabia and Iran in what could unlock lucrative new deals for halal meat...

Key Industry Events