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Breaking News on Food & Beverage Development and Technology - Asia PacificEU edition | US edition

Topics > Industry growth

News in brief

Market update: Australian lamb

Strengthening domestic demand for Australian lamb has forced prices to grow to be 32% higher in August than they were in the corresponding month in 2015. This represents a two-year...

Australia

Craft-beer start-up has eyes on expansion from Adelaide to Asia

A home-delivery craft-beer service is helping put independent brews in the hands of ale lovers around Australia.

Mintel report shows Chinese energy drink consumption increased by 25%, four times more than the US

A new Mintel report shows that Chinese consumers drank an additional 545m liters of sports drinks in 2015 compared to the previous year, a 25% volume growth.

Joint venture forms Burmese chicken company

A chicken hatchery tasked to produce 12 million birds has been created in Burma by a joint venture of animal feed and poultry breeding companies from the Netherlands and Belgium. 

Asia-Pacific drives world growth in hemp-based foods

Asia-Pacific is due to emerge as the leading market for hemp-based foods and sustain an annualised growth rate of over 23% until 2020.

Brazil’s BRF buys majority stake in Malaysian meat processor

Brazilian food conglomerate BRF has entered into an agreement with Malaysian agri-food firm FFM Berhad to acquire a 70% stake in its subsidiary FFM Further Processing (FFP) for $16m.

Ireland making headway on China beef deal

The Republic of Ireland has welcomed “very positive” talks and “constructive engagement” with China over plans to open the market for beef exports.

Australian nutraceutical firm APM taken over in A$90m deal

Australian food packaging firm Pact is to acquire specialty nutraceutical manufacturer Australian Pharmaceutical Manufacturers (APM) for A$90m.

Brazil sees exports of grape juice drinks soar in Japan

Brazil has seen exports of grape juice drinks soar in Japan, but wine exports are struggling to get a foothold abroad, according to IBRAVIN Brazilian wine institute.

This week Down Under

Income squeeze slams Australian food retail

Weak underlying income growth is squeezing turnover in food retail, while non-food categories are still benefiting from low interest rates and asset price inflation.

News in brief

Market update: Edible oils in China

Edible oil consumption has increased in China at a compound rate of over 15% since 2005, according to a new report on the market. 

UAE’s Food Capital invests in fast-expanding Saudi store group

UAE-based investment firm Food Capital has acquired a significant stake in Ice Cream Dana Group of Saudi Arabia, the owner of 20 stores under the Yummy Yoghurt, Bun & Patty,...

False claims risk undermining the Asia market for heart health products

Global and local players in Asia’s heart health sector are adopting radically different strategies – but dubious health claims from some of the latter threaten to undermine the market, according...

NZ-built dairy platform now available in different sizes

A rotary dairy platform designed and manufactured by Waikato Milking Systems is now available in a range of sizes from 40 up to 84 stalls.

Australia to look into dairy industry

Australia’s Deputy Prime Minister and Minister for Agriculture and Water Resources Barnaby Joyce has announced an Australian Competition and Consumer Commission (ACCC) inquiry into the country’s dairy industry.

Meat & Livestock Australia pumps cash into feed

Meat & Livestock Australia (MLA), the country’s red meat levy board, will invest $12.7m to bolster the competitiveness of feedlot operators via an innovation and marketing push.

Indonesia looks to grow buffalo imports

The Indonesian Bureau of Logistics (Bulog) is promoting buffalo meat as an alternative to beef in an effort to keep prices down. 

Singapore and Malaysia lead the way with voluntary GDA labelling roll-out

‘Significant progress’ has been made in rolling-out voluntary Guideline Daily Amounts (GDA) nutrition labelling in Asia over the past four years, but more work is needed to educate consumers and...

Soaring seaweed demand raises environmental concerns for Asia

Asia’s booming seaweed industry – buoyed by demand for nutraceutical, pharmaceutical, and antimicrobial products – needs to avoid the ecological and societal pitfalls experienced in agriculture and fish farming, according...

Indonesia’s food industry surging ahead as FI Asia prepares for Jakarta show

Indonesia’s growing food and drink sector makes Jakarta the ideal location for 2017’s FI Asia exhibition and conference later this months, show organisers claim, with the industry seemingly shielded from...

News in brief

Markets update: Chinese garlic prices remain firm as yields decline

Chinese garlic prices continue to remain high, up 30% since the start of the year due to a decline in yields. 

ADB agrees loan intended to boost China’s domestic milk supply

The Asian Development Bank has issued a US$125m loan to Inner Mongolia Saikexing Breeding and Biotechnology Group to and expand the domestic supply of milk in China.

Iran looks to keep growth rate of meat industry

Over the past three years Iran has managed to increase production of table poultry and red meat by 20% to reach an overall figure of 820,000 tonnes (t) of red...

Special edition: Animal husbandry: genetics, nutrition and management link

Consolidation, genetics and nutrition improved the Chinese dairy industry, is the focus now on beef?

A focus on improving genetics and nutrition has grown the dairy industry in China, but efforts have lagged in beef production, says expert.

a2 Milk Company to expand nutritional range amid soaring infant formula sales

New Zealand’s a2 Milk Company has signalled its intention to branch out from infant formula into a broader range of dairy-based nutritional products – with the burgeoning China market very...

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