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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’s sweet tooth drives TIC Gums innovation

Food technologist, TIC Gums, has launched a candy coating technology in China in the wake of a stark surge in the consumption of sweets across the country, fuelled by rising...

Fortitech underpins China's fortified food demand with Shanghai office

Nutrient specialist, Fortitech, has opened a sales and support office in Shanghai in response to a surging market for fortified food and beverages spurred by a newly health-focused consumer group...

News in brief

Retail Food Group eyes further takeovers

Australia-based Retail Food Group (RFG), owner of food brands Brumby's Bakeries and Donut King, has increased its credit arrangements to allow for more acquisitions in the region.

China food market entry: Traditional routes best avoided

Going online in China is a cost-effective, viable alternative for food and beverage brands entering the country amid sky-high entry costs and structural inefficiencies in traditional retailers, according to a...

News in brief

Pushing European meats in Asia

European meats and meat products are being promoted in China, Singapore and Thailand by a Poland-based program, the European Table.

India plans African food processing cluster by 2015

Following the lead of others countries, including China, which are looking towards Africa for their food demands, India has given a green light to set up a food processing cluster...

Enzymotec Shanghai office to support China growth

Lipid ingredients manufacturer, Enzymotec, has opened a commercial operations office in Shanghai to support its growing infant nutrition and bioactive ingredients business in the Chinese market.

Nestlé invests S$5.5m to drive product development in Singapore

Nestlé will invest S$5.5m in its Singapore R&D centre to expand activities in development of products such as coffee mixes and malted beverages for both the Asian and global markets....

Australia can become a ‘food bowl’ to Asia but reform needed: lobbyists

Australia can become the food-supply powerhouse to Asia, but increased investments and reform across agriculture, water infrastructure and the country’s food and grocery sector are essential.

Coca-Cola Japan to ‘cultivate new product category’ with Latino tea product

Coca-Cola has been driving growth across Japan in 2011 with NPDs and expanded distribution channels; its latest tea product is set to carve an entirely new product category in the...

High prices and consumer demand underpin China’s pork giant, Zhongpin

Stark price increases defined China’s largest pork processor, Zhongpin’s strong 2011 results but domestic demands are set to support the company’s 2012 expansion plans, according to the CEO.

Thailand: The new ‘frontier’ of CSPO production

Malaysia and Indonesia are renowned as strong production players in the certified sustainable palm oil (CSPO) market but Thailand is emerging as the new frontier in Asia Pacific, according to...

Enzymes and yeast extracts strong drivers for ABF Ingredients in China

UK-based ABF Ingredients is manufacturing yeast extracts in China and targeting the enzyme market, as it has superior growth rates in these two specialities, according to the CEO of the...

India invests in its freshwater fisheries

India will develop its freshwater fish industry in a collaborative agreement with two international bodies; good news to a sector often overshadowed by its seaward cousin, say authorities.

China’s beef industry lags behind, but holds opportunities: Frost & Sullivan

China’s beef market, in its primary development stage, has great potential however reform is needed as it lags behind developed markets, according to Frost & Sullivan.

Friesland Campina makes significant Filipino M&A move to reach 100m consumers

Royal Friesland Campina is poised to complete the takeover of Filipino firm Alaska Milk Corporation (AMC) for total sum of around €350m, in a move it said gave it access to 100m...

Soy foods surging at a 6.4% CAGR in Asia Pacific

Rapid development underpinned by large population bases in China, India, Indonesia and Korea is driving fast growth of soy foods in Asia Pacific, with an overall surge pegged at CAGR...

Probiotic drinking yoghurts slide a little, spoonables ride better

Sales of probiotic drinking yoghurts like Yakult and Danone Actimel are flatlining or dropping in most western European markets, and even in Japan where the concept was born, but BRIC...

Tetra Pak’s production doubles at factory in China ‘due to demand’.

Tetra Pak say a new production line at one its plants in China will boost output to 20bn liquid dairy cartons annually to ‘keep up with market demand’.

China spurring growth in Asia’s emulsifier market

Asia Pacific will see a 9% CAGR in its emulsifier market until 2017, fuelled by China, driven by a sustained demand for natural emulsifiers and low-fat foods in a burgeoning...

Wilmar secures majority interest in Goodman Fielder

Asian agribusiness, Wilmar International, has secured a 10.1% shareholder stake in Australian food giant Goodman Fielder, and will consider further investment.

The AFGC: No longer just for the big names

The Australian Food and Grocery Council has expanded its services to cater for small-to-medium (SME) enterprises in the country’s A$108 billion food and grocery manufacturing sector.

PepsiCo bets big on digital brand building in India

Digital marketing innovation and a strong, direct relationship with consumers is key to successful brand building and sales force in India, according to PepsiCo.

Adding thought to China’s health market

Two US companies have joined the board of the US-China Health Products Association (USCHPA) pushing its total membership up to 13, adding industry knowledge and voice to the voting sector...

(Not just) India, China driving Australian dairy demand, report

The global demand for Australian dairy products is set to grow annually by 2.4% over the next five years, according to a Rabobank study.

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