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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.

Asia-Pacific

Apac colourings market growing by almost 5% annually

Asia’s food colourings market will grow to over half a billion dollars by 2019 at a time when India is struggling to break away from the synthetic products it traditionally...

Snacking power house talks about ‘regional jewels’ at Packaging Innovations 2015

Developing markets account for 44% at Mondelēz International with plans to expand into more ‘white space’

Mondelēz kicked off the Packaging Innovations tradeshow at the NEC in Birmingham, UK, today talking about its developing markets and ‘regional jewels’.

Australia

Complementary health comes in from the cold

Complementary medicine may have been welcomed back to the fold after an official review panel added a new chapter on alternative health to the landmark discussion document on healthcare deregulation...

Mead Johnson to expand US infant formula capacity to meet online Chinese demand

Mead Johnson Nutrition plans to boost its US infant formula manufacturing capabilities to supply the e-commerce channels opening up between the US and China. 

Wake up and smell the coffee pods: Coffee shop culture leads to sales boom

Coffee pods are driving growth in the ground coffee sector, says FMCG market and shopper intelligence firm IRI, thanks to cheaper coffee machines and the popularity of the coffee shop...

Carlsberg announces new CEO; Russian market puts pressure on full year results

Carlsberg’s CEO and president Jørgen Buhl Rasmussen will retire from the group in June, and will be succeeded by Cees ‘t Hart (currently CEO of the Dutch dairy giant Royal...

Too broad vs. too limited: Can the sports nutrition industry climb out of regulatory purgatory?

A European Commission report due in July this year should bring legal clarity to the current regulation obscurity that surrounds the sports nutrition market, according to a paper by the...

Coca-Cola Amatil invests in 'exciting' Indonesia as group predicts return to growth

Coca-Cola Amatil will devote more energy to its Indonesian business - a bright spot in its 2014 full year results - hoping strengthened market leadership in the country will help...

Rexam to build two Indian beverage can plants

Rexam will build two beverage can plants in India, starting with an initial investment of £50m ($77m) in Sri City.  

News in brief

Goodman Fielder acquisition clears Chinese regulatory hurdle

The Chinese business regulator has given the green light for Wilmar International and First Pacific to acquire Australian food manufacturing major Goodman Fielder. 

Richest candyman Michele Ferrero dies as company rises in China and Russia

The world’s richest confectioner Michele Ferrero, owner of the Ferrero Group, has died aged 89 as his company gains traction in emerging markets.

New patented probiotic for Nestlé toddler formula

Nestlé and Swedish-based supplier BioGaia have announced the launch of a new toddler formula containing the patented probiotic Lactobacillus reuteri Protectis.

India

Research: Indian QSR market to almost double by 2017

Currently worth almost Rs60bn (US$960m), India’s quick-service restaurant segment is expected to grow by 26% each year to reach Rs117bn by 2017, fuelled by the arrival of more international chains...

Thailand

ThaiBev introduces 100Plus in bid to grow soft drinks market share

Thai Drinks will invest US$92m in promoting 100Plus, a functional drinks brand made by Fraser and Neave, the Singaporean manufacturer with which it shares its parent, ThaiBev, the Thai alcoholic...

News in brief

China gives clearance in SHV takeover bid for Nutreco

Nutreco says that SHV has received regulatory clearance from the competition authorities of China in connection with its offer for the Dutch feed group.

sugar-free sports drinks

‘A lucrative opportunity:’ Can Aussie sports drinks wrestle sales from soft drinks?

The Australian sports drinks market will continue to grow: but sugar-free versions present an opportunity to shake up the sector, according to research firm TechNavio. 

South Korea

Benecol yoghurt drinks come to South Korea through Lotte partnership

Lotte Foods, Raisio’s Benecol partner in South Korea, has launched Benecol yoghurt drinks under the country’s health functional food category. 

Australia

Government urged to continue complementary health drive through budget

Australia’s non-pharmaceutical medicines lobby has called on the government ahead of the federal budget to reflect on the economic and health benefits its members have had on Australia’s healthcare system....

Cost, cynicism and frustration: Malaysian government launches own palm oil standard

The Malaysian government has launched its own sustainable palm oil certification standard – but will this add to or detract from sustainability and transparency efforts in the sector?

Bend baijiu like Beckham: Diageo talks up Chinese turnaround but sales keep falling

Diageo chief Ivan Menezes today talked up the company’s turnaround plan for ‘challenged market’ China – where the company is betting on Beckham-backed Haig Club whisky and lower-cost baijiu -...

Nestlé contacts Ecolean following successful Olper’s rebranding in Pakistan

Nestlé has contacted Ecolean following a successful relaunch of Olper’s UHT milk, owned by Engro Foods in Pakistan.

Zeelandia eyes Indian market share in Western-style breads and pastries

Dutch baking ingredient supplier Zeelandia says its new joint venture with Fine Organics in India will primarily target the nation's growing market for Western-style breads and pastries.

Sidel: ‘We disagree China is a country of copycat manufacturers’

Sidel has defended China when it comes to its reputation for being a ‘copycat nation’ copying manufacturer’s designs and machinery, to sell them to the F&B industry.

F&N extends ASEAN Nestlé canned milk brand licenses

Fraser and Neave (F&N) has extended a series of licenses to manufacture and distribute several Nestlé canned milk brands in South East Asia.

Does the edible bugs trend have the legs to succeed?

Not a week goes by without media headlines talking about the potential of insects to help feed the world. But where does that potential really lie?

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