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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.

China and Russia likely to put 'considerable pressure' on H2 dairy sales: FrieslandCampina

Lagging Chinese demand and the impact of the Russian embargo are likely to put "considerable pressure" on FrieslandCampina's sales in the second half of 2015.

Dateline Southeast Asia

Low-cost tools to solve large-scale water problem

Climate change and the overuse of water in agriculture means water scarcity poses a growing threat to farmers, households and industry in Vietnam. 

Global turmoil hits food company share prices

Turmoil in global financial markets has hit food companies’ share prices and could directly impact exporters, according to a leading analyst.

Alamgeer Foods invests £100k on spice imports

Food manufacturer and importer Alamgeer Foods has started importing more spices and ingredients from Asia after securing a £100,000 financial package.

Multivac planning massive investments in Bulgaria, Germany, US, UK & Japan

Multivac says it is planning massive investments in Germany, US, UK and Japan with the first announcement being a €15m plant for machine parts in Bulgaria.

News in brief

Tecpro Australia redesigns Turbodisc tank washers

Tecpro Australia has re-designed its Turbodisc range, for small and medium process vessels, reactors, driers, granulators, storage tanks, tablet coating machines and IBCs.

Feature

Organic food trend sees demand for certification expertise increase

More than half of the world’s organic agricultural land is found in Australia, and the company responsible for certifying producers there sees demand soaring as organic food prices increase.

Microbeads may boost UAE agriculture, says Masdar student

A research student at Abu Dhabi’s Masdar Institute is hoping to improve the UAE’s agricultural output through the development of specialist soil-improving microbeads.

Dow brings PacXpert to China and South Africa

Dow Packaging and Specialty Plastics has revealed it will bring PacXpert flexible packaging technology to China and South Africa.

News in brief

Ajinomoto and T.Hasegawa join forces to pursue fermented natural flavours

Ingredients giant Ajinomoto has announced a business alliance with Japanese flavour and fragrance firm T.Hasegawa which will see the companies use fermentation technologies to develop natural flavours.

Global Dairy Trade commodity prices increase after five-month freefall

Prices on the Fonterra-owned Global Dairy Trade (GDT) auction platform rose today for the first time since March.

South Asia radius

Indian nutraceuticals market to touch $6bn by 2020

Indian nutraceuticals market to touch $6bn by 2020

News in brief

Cosmo Films completes production line installation in India

Cosmo Films’ Export Oriented Unit (EOU) has entered into its second expansion phase.

Eastern promise: Cargill pins aquafeed growth hopes on Asia

Best Aquaculture Practices (BAP) certification for Cargill’s feed mills in Central America underlines the continued importance of the region to Cargill’s aquafeed business. However, it is the fast-growing Asian region...

Dateline Southeast Asia

EU and Vietnam close to concluding a free-trade agreement

News in brief

Haitai Beverage launches ‘Sunkist’ smoothies in SIG Combibloc carton packs

Korean producer Haitai Beverage has launched two ‘Sunkist’ smoothies in SIG Combibloc combiblocMini 200ml cartons.

Saudi beats Egypt for top F&B market spot

Saudi Arabia remains the most attractive food and beverage market ahead of Egypt, with food consumption growth of 7.6% this year, says a new BMI report.

China to blame as Hershey reports Q2 loss of nearly $100m

The Hershey Company reported a net loss of almost $100m for the second quarter of 2015 - a result "adversely impacted" by its performance in China.

Far East digest

Low self-sufficiency rate stays put in Japan for fifth year

Low self-sufficiency rate stays put in Japan for fifth year

Fonterra slashes milk price forecast to account for supply demand 'imbalance'

Fonterra has slashed its farm gate milk price (FGMP) forecast for the 2015/16 to account for the current "imbalance" in supply and demand.

India

Minister satisfied despite Rs1tn cold-chain waste bill each year

India’s food processing minister has said her department was doing a “good job” as she reacted to a report that claimed that almost Rs1tn (US$15.7bn) worth of farm commodities is...

China

China’s beef industry holds ‘great potential’ for investors

China’s beef market will have great potential over the next decade, with its stakeholders expected to play an increasingly influential role in the global market, according to Rabobank.

$1 billion annual sales mark in view as Usana rides Q2 sales boom in China

Shares of Usana Health Sciences rose as much as 21% after the company announced strong second quarter earnings that were highlighted by a boom in China, where sales rose 84%....

‘Small format packs expected to grow more than 50% until 2020’

SIG Combibloc launches smallest carton for first time in Indonesia

SIG Combibloc has launched its smallest carton pack 80ml into Indonesia for the first time.

Energizing Zest Tea charts high-octane growth

Many a tea lover has settled for coffee or an energy drink when desperate for an energy fix. But Zest Tea hopes to change that with its high-caffeine brewed teas. ...

Key Industry Events

Vitafoods Asia 2015

Hong Kong / Conference and exhibition

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Fi Asia

Bangkok / Conference and exhibition

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Food Vision USA 2015

Chicago, IL / Conference

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