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Topics > Industry growth

Indian dairy industry growing: TechSci report interview

TechSci has published a new report on the Indian dairy industry.

India

Manpasand ties up with Baskin-Robbins in latest urban expansion deal

Baskin-Robbins India will now offer beverages in addition to ice creams after entering into an exclusive tie-up with fruit juice manufacturer Manpasand Beverages.

China

Blommer buys Shanghai cocoa facility

America’s biggest chocolate supplier has acquired a manufacturing plant in Shanghai as part of an estimated US$40m investment in a fully integrated bean processing and chocolate manufacturing facility.

Meat demand bolsters New Zealand export growth

New Zealand meat exports have been one of the key performers of 2015, helping the country earn NZ$2.5 billion more than the amount it spent on imported goods last year.

Moto aims to tap into Dubai’s energy

Moto, a new Dubai-made energy drink, made its entry at Gulfood and is aiming to leverage the emirate’s growing reputation to carve out its identity in a crowded market.

Comment

Gulfood: Big, noisy, and very intense

Gulfood’s record numbers and fever-pitch atmosphere only tell part of the show’s story – beneath the noise, the exhibition is becoming increasingly important.

India's Union Budget

Budget 2016: How it affects India's food industry

Most interest by the food industry in this year’s Union Budget will centre on reforms of foreign direct investment in food retail and policies aimed at farmers. Already, industry figures...

Revenue up as Murray Goulburn announces infant formula launch

Murray Goulburn (MG) will launch Devondale Natra Start infant formula in Australia in March 2016, with the brand available in China shortly afterwards.

New Fonterra plants open

Fonterra has officially opened four new plants in New Zealand across the South Island.

News in brief

Pakistan experiences strong growth in the meat export sector

Pakistan’s meat export industry is growing at a rate of 30% every year, head of meat and nutrition at the University of Veterinary and Animal Sciences (UVAS), Dr Muhammad Hayat...

Dispatches from Probiota 2016

Must read: Many, many things you need to know about probiotics until 2020

The global probiotics market is worth €32bn according to latest Euromonitor data and analysis presented recently at Probiota in Amsterdam – and that excludes fermented sour milks worth another €5.8bn.

Bega Cheese revenues up

Bega Cheese has announced a normalized 9.9% increase in profit after tax, a revenue increase to $403.5m (A$561.4m) and an EBITDA of $23.6m (A$32.9m) in its 1H 2016 financial report...

Aussie cheese: Country folk buy more, urbanites opt for own brands

Australians who live in the country are generally more likely than their city-dwelling counterparts to buy cheese in most states, a survey has found.

Event preview

Mars and Mondelēz to speak at Cocoa Revolution in Vietnam

Mondelēz International‘s cocoa sourcing manager for Asia and Mars’ Vietnam cocoa manager are among the speakers at the 2nd annual Cocoa Revolution conference.

Parmalat completes purchase of Fonterra yogurt and dairy business in Australia

Italian dairy company Parmalat has announced it has completed the acquisition of Fonterra’s yogurt and dairy dessert business.

News in brief

Digital halal firm plans stock market float

The world’s first e-commerce marketplace for halal products, DagangHalal, has said it intends to float on the London Stock Exchange (LSE) market for smaller growing companies – known as the...

China’s meat firms invest in pig herd growth

Nearly 25 million pigs will be added to China’s herd between 2015 and 2018 by a handful of leading companies in investments worth RMB70 billion ($10.74bn).

Nestlé results show Maggi incident still hurts

Nestlé’s still suffering from its Indian Maggi noodle recall and has lost touch with the Chinese consumer, hitting growth for the global food and drink manufacturer, according to market analysts....

Vietnam’s dairy sector ripe for milking

Unable to keep up with rising local demand, Vietnam’s dairy sector shows immense potential for local and foreign investors, according to a new report.

Infant formula drives profits at a2 Milk

The a2 Milk Company has posted its financial results for the six months ending December 31, 2015.

China’s massive foodservice industry drives global disposables growth

Asia-Pacific will outpace overall growth in the global foodservice disposables market, according to Technavio’s latest report on the segment.

Meat firms should target China’s tourists

Hotel chains like Hilton, InterContinental and Sheraton and airlines like Air Asia, Air China and Cathay Pacific have been busy expanding their operations in China to capture the rise in...

Asia-Pacific catching up fast on new supplement launches

Emerging markets have been witnessing rising demand for dietary supplements as increasing disposable incomes and a desire to take on elements of a more Western lifestyle have become apparent. 

Shimadzu unveils high-end single quad GC/MS instrument

Shimadzu says its GCMS-QP2020 high-end single quadrupole gas chromatograph mass spectrometer will open up new capabilities for food labs without them having to invest in expansive sample preparation and method...

Asahi bids for Peroni, Grolsch and Meantime beer brands

Japan’s Asahi Group Holdings Ltd has offered to buy SABMiller’s Peroni, Grolsch and Meantime brands, in a bid worth $2.9bn. 

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