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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.

PFP mulls Malaysia for new seafood processing plant

PFP Group, a major Thai frozen-seafood processor, expects to open a halal food factory in Malaysia after it concludes negotiations with an unnamed local partner.

Yogurt market can hit $1bn by 2021 in India: Report

International dairy companies can tap in to a growing demand for yogurt in India, according to a recently-published report by TechSci Research.

Feature

Solar project gives ray of hope to struggling Australian grape growers

A renewable energy project in Australia’s largest grape growing region is giving struggling vignerons a sunny alternative.

Feature

Cash in one’s chips: The humble potato’s new Asian markets

Potatoes: like dairy not the first global staple you think of when it comes to Asia, but that doesn’t mean to say that there isn’t a growing market for spud-based...

DSM to expand hydrocolloids business in China

Ingredients supplier DSM is planning two major plant expansions in China to boost its gellan gum and pectin capacities. 

China to pump $100m into Russian rabbit complex

JSC International Rabbit Company and China Nuclear Industry 23 Construction Co are to join forces to build Russia’s largest rabbit meat complex. 

What will global beverage consumption look like in 2021? Region by region data

Unprecedented growth for Asia beverage market

Asia’s beverage market will experience unprecedented growth, taking two-thirds of global incremental consumption by 2021, according to figures from Canadean.

GNT opens colours base for GCC market

Global colours major GNT Group has opened an affiliate office in Dubai to service GCC countries which, the company says, are “becoming aware of the need for real colour solutions”. ...

dispatches from Analytica 2016

Shimadzu unveils mid-range ICP-MS

Shimadzu has launched its ICPMS-2030 to the European market at Analytica 2016.

Gulf food companies see declines in first-quarter figures

Savola Group, Saudi Arabia’s biggest food producer, reported a 80.3% fall in first-quarter net profits, missing analysts’ forecasts and after an exceptional gain made a year ago.

PE fund acquires Middle East operator of Cinnabon and Seattle’s Best

Fajr Capital, a private equity investor in high-growth markets across the Middle East and Asia, has completed its acquisition of Cravia Group, one of the fastest-growing food and beverage platforms...

The continuing rise of China’s vitamin A prices

China’s vitamin A manufacturers got a further boost after Zhejiang NHU, one of the country’s production giants, once again raised its sales price for the vitamin. 

News in brief

Usana’s China operation given permits for direct selling expansion

Global nutrition company Usana Health Sciences has received approval for its China subsidiary to expand its direct selling operation to eight more provinces and municipalities within the country.

South Asia radius

Rumour: Haldiram’s planning PE deal, company valued at $1bn

Snack food manufacturer Haldiram’s is getting closer to agreeing a possible US$200m investment deal after recently holding talks with top-tier private equity funds, according to media reports.

Soap box

Have cake, eat cake: Ingredients for Australia’s nutraceutical boom

Have you ever tried to bake a cake? As therapeutic and fulfilling as some people find baking, I never seem to be able to get it perfectly right and results...

Delfi and Orion to corner half the Indonesian chocolate market with new JV

Delfi Limited, formerly Petra Foods, and Orion Confectionery have formed a joint venture in Indonesia that will command 50% of the country’s retail chocolate market, the firms estimate.

Miratorg eyes on-trade expansion with meat supplies to McDonald’s in China

Russian agricultural holding Miratorg is hoping to start supplying meat to McDonald’s outlets in China, according to CEO Viktor Linnik, who added that this could be an important part of...

InVivo NSA copper fastens SE Asia presence through Philippines deal

French animal nutrition group, InVivo NSA, has acquired Philippines based pig, poultry and aqua feed manufacturer, Popular Feedmill Corporation (PFC).

Fonterra seeing rise in demand for organic milk

Fonterra says increased demand in the marketplace for organic milk means prices are higher for farmers supplying it to the New Zealand cooperative.

China’s Fuyuan taking over Burra Foods

Australian dairy ingredient processor Burra Foods has announced a change in shareholding in the company as part of its plans to improve market access and raise capital to expand its...

Lallemand joins forces with Nutritech in New Zealand

Vitec Nutrition, Lallemand Animal Nutrition’s New Zealand entity, is to merge with local player, Nutritech International, to become the dominant supplier of animal nutrition technologies in that market.

Tech solutions to show health effects in real time seen as new hope in supplement investment picture

Having the right team to execute on an idea is the key to attracting investment capital, experts say. But finding the right idea, that’s a bit more of a stretch...

News in brief

Adam Equipment targets Asian lab balance market

Adam Equipment has targeted exhibitions in Asia to meet existing distributors and understand the markets better.

Korea opens food trade office in UAE, aims for 10% growth

The Korean government is stepping up its food industry promotion in the Middle East with a new regional office and new initiatives, with the aim of growing food exports by...

Aussie winery finds success from ‘cellar door’ sales approach in China

Establishing cellar doors in China to provide a winery experience directly to consumers is proving a successful formula for a South Australian wine company.

Key Industry Events