Industry growth

Indonesian officials warn minimum wage could cost drinks jobs

Officials in Indonesia have warned that several industries in the country, including the beverage industry, could be damaged if the proposed minimum wage increase is not delayed.

Foreign firms investing over US$1bn in Indian food processing industry

According to a dispatch to parliament, in just under three years since foreign direct investment (FDI) was opened up for the food processing industry, investors have pumped almost Rs6,200 crore...

Growth market

FMC to expand global production by one-third with new Thailand plant

Eager to move forward with supplying the fast-growing Asian market, food technology major FMC has broken ground on its major new microcrystalline cellulose (MCC) manufacturing facility in Rayong, Thailand, through which...

Done deals

Kraft signs up with Australian cheese major for pan-Asia distribution

Warrnambool Cheese and Butter Factory (WCB) and Kraft Foods Australia have announced the start of a long-term partnership under which Kraft will produce specially formulated cream cheese under WCB's Sungold...

US FIRM ACCUSES CHINESE ARMY OF GLOBAL IP CYBER ATTACKS

Coca-Cola accused as US-China cyber war of words escalates

Chinese authorities have accused Coca-Cola China of illegally mapping parts of Yunnan Province, while a high-profile US cyber-security company alleges that the People’s Liberation Army (PLA) is behind at least...

Beam Inc. Scotches talk of Teacher’s whiskey losing Indian No.1 spot

Beam Inc. insists to BeverageDaily.com that Teacher’s remains the bestselling Scotch Whiskey brand in India, despite press reports suggesting it has lost that position to Pernod Ricard’s 100 Pipers in...

State of the industry

China poultry expected to rise above pork growth

China’s poultry producers have long lived in the shadow of the pork industry, which remains the meat of choice throughout the nation. But now it seems that poultry is finally...

US wines talk to the Chinese, with an American twang: Maryhill Winery

The owner of a Washington State winery says that Chinese wine consumers in the ‘middle ground’ are hungry for affordable US wines that assure them a quality that native products...

Food for thought

Australia and China get it right

Last week, news came in that Australia and China had joined hands in the area of food security.

Carlsberg bids $466m to take control off China’s Chongqing Brewery Company

Carlsberg says it is taking an ‘important step forward’ in China with a $466m offer for a controlling stake in Chongqing Brewery Company (CBC), in a move to double the...

INDUSTRY VOICES: GUEST ARTICLE, HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG

Carlsberg mulls potential $1.2bn China M&A move in Chongqing

After a quiet beginning to 2013, M&A activity is heating up in China’s beer market, as Carlsberg said on Monday it was considering upping its stake in Chongqing Brewery, intensifying...

Special edition: Omega-3 (Editor's blog)

How high can high-end omega-3 go?

Just got off the phone to Ola Snove, the new(ish) CEO of Aker part-owned Norwegian omega-3 specialist Epax. Wanted to know his view on high-end omega-3 prospects that have attracted...

Editor’s blog

Which 2 global health brands grew by $1bn in 2012?

Something probiotic? Omega-3? A diet cola? Nope. 

dutch brewer will not 'change course' in china

Heineken hints at appetite for non-core European disposals in FY 2012 results call

Heineken said today it is reviewing its non-core European businesses that don’t focus fully on beer, and asking whether its ownership of such assets makes strategic sense.

Diageo spirits ABC is advantage over SAB Miller: Analyst suggests

Diageo is in an arguably stronger market position than multinational peer SAB Miller due to its core exposure to spirits rather than beer, according to one City analyst who covers...

Kiwi agri-forecast

Export markets key to strong NZ growth despite current DCD storm

While New Zealand fights to stem the fallout from the damaging Fonterra DCD crisis, a new report by Rabobank has revealed that the country’s strong trade links to countries with...

Global sports nutrition market to top $6 billion by 2018, report says

Revamped, more complete product lines that are connecting with new customers are driving growth in the sports nutrition market, according to a new report.

Indian politics

Ministers meet to speed up agriculture reform

All of India’s state agriculture ministers are currently gathering in Delhi to discuss ways to speed up growth of the food production and processing sector. The meeting will be led...

The world (of Coke and Pepsi) is not enough in emerging markets...

Clinching global culture club membership by swigging Pepsi or Coke is not enough for soft drinks consumers in emerging markets, who are increasingly swayed by regional tastes, according to Euromonitor...

Carlsberg re-enters Burma clutching plans for new 1m hectoliter brewery

Carlsberg today formed a JV with a Burmese brewer to produce and market its brand portfolio, and told BeverageDaily.com the nation offered 'huge growth potential' in an under-penetrated beer category....

Diageo faces struggle to make United Spirits pay: Analyst

The potential upsides in Diageo’s potential acquisition of a majority stake in India's United Spirits (USL) are clear but achieving acceptable profitability from the business may be tricky, according to...

Coke and Pepsi shifting bottling assets to build brands in 2013: Rabobank analyst

The Coca-Cola Company and PepsiCo are looking to shift bottling assets onto strong franchise partners in order to refocus in house efforts on brand building and marketing.

State of the industry

New Zealand winemakers talking tactics for China push

Recognising the newfound importance of the Chinese wine market, New Zealand’s vintners are pulling out the stops to make sure their exports have a place in Far East cellars.

‘Cold, wet winter’ subdues SAB Miller Chinese volumes

SAB Miller is blaming ‘exceptionally cold and wet winter weather’ for a third quarter volume decline in China, which meant lager volumes declined in its Asia Pacific business by 1% overall.

China’s Top 5 most valuable alcohol brands in 2013: From beer to baijiu

In this exclusive gallery, BeverageDaily.com explores the Top 5 Chinese alcohol brands by value, which sees the nation’s movers ‘n’ shakers reaching out to the world with baijiu, beer and...