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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.

Middle East drives hope for Brazil sweet producers

The Middle East is a bright spot for Brazil’s confectionery industry as the only global market seeing growth, with Brazilian producers hoping to capitalise further on synergies with the region....

Americana sale back on, NFPC sale off

The sale of Americana finally went ahead this month, with Adeptio paying US$2.4bn, while NFPC abandoned its sale attempt, with potential buyers’ scepticism over expansion plans blamed. 

Mezzan buys into KSA’s Al Safi for $25m

Kuwaiti food conglomerate Mezzan Holding will buy into Saudi Arabia’s Al Safi Food for up to US$25m, while EIP, one of the buyers of Diamond Meat Processing, eyes further purchases....

Guest article

Brexit: Britain can lead global functional foods & supplements markets

It is EFSA and the EU nutrition health claims regulation (NHCR) that is today the biggest barrier to European innovation in nutrition and Brexit, whatever else it may do, can...

Demand for lamb rises in China

Chinese lamb imports increased by nearly a fifth last month as the soaring price of pork made sheep meat more competitive.

Tyrrells investing in Australian factory to expand brand in APAC markets

UK snacks supplier Tyrrells is investing in Yarra Valley Snack Foods – the Australian business it acquired last year – as it looks to expand the Tyrrells brand in the...

Nestlé appoints new CEO

Food giant Nestlé has appointed Ulf Mark Schneider as its new CEO, effective from the start of next year.

Boost for Sri Lankan cinnamon industry

A joint project is helping cinnamon producers in Sri Lanka meet food safety and hygiene standards to boost export opportunities.

Innovation

Aussie inventor turns potato into milk-cheese-and-custard wonder-food

“This potato format could well be the biggest thing to happen to the potato industry since the frozen French fry,” I’m being told, and it’s hard to disagree, no matter...

Brexit Exclusive

Brexit: what it means for food and drink manufacturers

As food and drink manufacturers study the impact of British voters’ historic decision to quit the EU, we explore how the vote may impact on the sector’s prosperity, based on...

GUEST ARTICLE: Eat your art out… intellectual property protection for food

Properly applied, intellectual property law is flexible enough to protect creative food designs from substantial copying, but with built-in limitations that safeguard against stifling collaboration in the food industry, says Foley...

Perrigo unloads US supplements business to contract manufacturer

Perrigo has unloaded its US supplements business, with International Vitamin Corporation stepping up as buyer. The deal was seen by one observer as another step in the concentration of US-based...

NZ ministry predicts strong dairy growth

The Ministry for Primary Industries (MPI) in New Zealand says that while dairy exports are down 6% in the past year, the future looks good.

News in brief

Fonterra’s NZ$8m upgrade for lactose

An NZ$8m ($5.6m) upgrade is under way at Fonterra’s Edgecumbe site to capture lactose that previously could not be extracted from the site’s waste stream.

India to bolster pork industry

Senior Punjabi government officials have visited UK pork factories to develop production methods, with India braced for a surge in meat demand.

Tip Top dips into China ice cream market

Will Hokey Pokey be a hit in Hangzhou? New Zealand dairy cooperative Fonterra is hoping so, as it tries out its Tip Top ice cream in the Chinese market through...

China tipped for beef boom

A respected brokerage is betting Chinese companies with access to overseas beef supply will make strong profits by importing and selling the red meat this year.

Polish push new apple types to UAE market

Polish apple producers shut out of the Russian market are turning to the UAE, but now face challenges from long-held consumer expectations, according to the head of the Polish Fruit...

UAE firms buy Power Horse stake

Two UAE-based investment firms have bought a significant stake in Austrian energy drink producer Power Horse, and plan to expand the business’s reach beyond its Middle Eastern stronghold. 

Australia

Industry reacts strongly to Labor’s plan to cut natural therapy rebate

Australia’s complementary medicines industry has warned the opposition Labor party that its new policy to cut the rebate for natural therapies was a “false economy” that would only succeed in...

New Asean headquarters ‘critical’ for DuPont’s nutrition business

DuPont is the latest multinational food player to expand its presence in Singapore with the opening of new full-service regional headquarters there, once again demonstrating the city-state’s growing importance in...

‘There’s an opportunity to broaden the appeal of energy drinks’: Thailand’s Carabao on potential of UK market

Asian energy drink Carabao has launched in the UK, and while it admits it’s a competitive market, it still sees significant untapped potential beyond the niche categories of ‘lads, high-octane...

Farmed shrimp can thrive on soy and canola meal blend: Malaysian team

A vegetable-based diet protects shrimp growth and feed utilization, say researchers. 

Bundaberg Brew CEO talks about making it big stateside from Down Under

An iconic beverage in its homeland Australia, Bundaberg Brew became a little hidden gem when it came stateside. With a new deal with Safeway and Albertsons, the company wants to...

Fonterra’s new cheese slice line expansion officially opens

Fonterra has officially opened its new slice-on-slice cheese expansion at Eltham, New Zealand, with the plant now able to produce enough cheese to fill more than 3bn burgers each year.

Key Industry Events