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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.

Soapbox

Rewarding innovation: How to address natural nutrition's IP dilemma

At a time when the Australian natural nutrition industry is worth A$4.2bn (US$1.8bn), companies face stiff competition as they set out to access to bigger overseas markets, helped by our...

Australian grower discusses hemp with Japan’s first lady

The chief executive of the Southern Hemisphere’s biggest hemp supplier has returned to Australia after meeting Japan’s first lady to discuss the future of the industry there.

YouGov names Almarai as Saudi’s favourite brand

Local dairy major Almarai was named Saudi Arabia’s favourite brand in the YouGov 2016 Mid-year BestBrand rankings, alongside Emirates airline in the UAE and Facebook in Egypt.

Food service industry now India’s third biggest service segment

India’s food service industry must face up to a variety of issues from multiple taxation to limited foreign exchange benefits if it is to capitalise on its position as India’s...

Chinese meat giant enters the digital space

One of China’s largest agricultural and meat conglomerates has entered a deal with the country’s leading e-commerce and cloud computing company to get a digital edge on its rivals....

News in brief

Sanitising system can improve food safety and quality - De Nora

De Nora has said its onsite sanitising system can help raise food safety standards in Asia.

Chinese firms boosting nutrition market share by shopping overseas

Strong demand for healthcare products and growing recognition of overseas brands is driving more Chinese companies to find overseas corporate targets, according to market intelligence provider CCM .

Sabic launches new-generation rigid packaging copolymers

Saudi plastics giant Sabic has developed the first of a new generation of Flowpact polypropylene impact copolymers to make injection-moulded rigid packaging stronger and cheaper.

Dairy packaging major increases production in Punjab

A border town in Punjab has played host to the opening of a Rs1bn (US$14.9m) fully-integrated aseptic beverage manufacturing facility. 

MHP: Middle East boosts poultry growth as it expands there

Ukraine’s MHP has reported growth in poultry production, with sales reinforced by a robust export upswing to the Middle East in its preliminary half-year results, posted on 19 July. 

Fonterra says innovation the key to shaping the global dairy sector

New Zealand dairy cooperative Fonterra’s chief operating officer of global operations, Robert Spurway says R&D is one of the most important factors shaping the dairy industry today.

Kerala’s ‘fat tax’ could shrink meat sales in India

Meat sales in the southern Indian state of Kerala are expected to fall after the imposition of a 14.5% ‘fat tax’ on western-style fast-food items.

Samsung Welstory forms joint-venture for China food-service expansion

Samsung’s food service affiliate has established a joint-venture in China to tap into the country’s food distribution market.

Ramadan sparks Lebanon meat sales increase

Meat suppliers in Lebanon were boosted by a surge in meat sales during the holy month of Ramadan and Eid al-Fitr.

E-commerce candy: Mars partners with Alibaba; Mondelēz refreshes Facebook partnership

Mars has announced a strategic collaboration with China’s Alibaba just a few days after Mondelēz refreshed its partnership with Facebook as both companies tap the global e-commerce boom.

Lindt seizes on Australian growth with $45m Sydney plant

Lindt has opened a factory in Sydney to capitalize on the growth it has enjoyed in the Australian market.

Growing Asia-Pacific demand drives cautious global dairy growth

With three of the world’s leading dairy brands, Asia-Pacific will drive modest growth in the global market, alongside increased demand from the Middle East, Africa and Eastern Europe.

From Uganda to Borneo: Elopak ramps up its sustainable efforts to become CarbonNeutral

Elopak is celebrating after becoming a CarbonNeutral company as part of its environmental strategy; FutureProof 2020.

DSM says health appeal of lactose-free is opportunity in emerging markets

DSM’s latest Global Insight Series report says the main reason consumers purchase lactose-free dairy products in emerging markets such as Colombia and China is the health appeal of the products,...

China

Regulatory malaise: Why sports nutrition is not racing away

A lack of sales channels, byzantine regulations and vested interests continue to hamper the development of China’s sports nutrition market, though the winds of change might be blowing over Beijing....

FrieslandCampina enters Pakistan dairy market through Engro Foods acquisition

Royal FrieslandCampina N.V. has signed a share purchase agreement with Engro Corporation in Pakistan to acquire 51% of the shares in its subsidiary Engro Foods Limited, in partnership with the...

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...

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....

Key Industry Events