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Breaking News on Food, Beverage & Supplement Development - Asia PacificEU edition | US edition

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Weetabix China: Challenges to a Bright future

Bright Food closed its purchase of Weetabix today, but one analyst has reiterated the challenge it will face driving the iconic cereal brand in China.

Asian krill boom drives krill joint venture

Australian, Japanese, South Korean, Taiwanese and other Asian consumers are driving rising demand in omega-3 source krill to levels that have prompted Norwegian krill supplier, Rimfrost, to ink a production-boosting...

ADM gears up for $2.8bn takeover of GrainCorp

Archer Daniels Midland is in talks with Australian commodity giant GrainCorp after putting forward an offer just shy of US$2.8bn (A$2.7bn) for a cash takeover.

Nestlé backs China, greater focus on R&D

To a backdrop of its slowing growth in the region, Nestlé has revealed that it will double the number of its research and development units in China. The announcement came...

Morinaga’s Japanese Pringles take-over must push US flavours

Japanese food major Morinaga who secured the sales rights for Pringles in Japan should tap into the imports trend and push original US flavours on the market, not Japanese imitations,...

The Joy of Six: Heineken’s ‘compelling’ rationale for APB buy

After Heineken successfully netted Asia Pacific Breweries (APB), CEO and chair Jean-François van Boxmeer told investors that there were ‘six key reasons’ why the capture was compelling.

Comment

Breakfast cereal in China: Snap, crackle… and flop

Western breakfast brands don’t often work in China. They need manipulating to appeal to very different tastes, packaging and format preferences and, of course, another language.

Carlsberg denies Heineken APB takeover drove Singha deal

Carlsberg has agreed a strategic partnership with Singha Corporation, and tells BeverageDaily.com it is confident the new venture will succeed where a previous Thai partnership with Chang Beverages failed amidst...

Danone to expand experimental Indian business unit

The experimental business unit that is dedicated to rolling out new Danone products for the masses in India has been deemed a success and will be expanded to other cities...

News in brief

KFC to ramp up growth in China

KFC has revealed plans to accelerate its expansion across China’s smaller cities, and has pledged to open over 500 new restaurants per year over the coming years—a 20% increase over...

China's corn import growth will have 'massive impact on world markets'

Corn imports to China will hit 20mn tonnes per year by 2017, leading to major reverberations on world markets. This is the likely scenario if current trends in the country’s pork...

Fonterra posts profits drop, cites global dairy price fall

Fonterra has reported a drop in net profit for the 2012 season and cut its final payout to farmers - citing the negative effect of record breaking milk production on...

Indian brands gaining most social following

India’s domestic food and beverage brands have been growing their fan bases at a much faster rate than their global counterparts over the last year, according to research by Ketchum...

News in brief

Alchem expands in India

Alchem International yesterday inaugurated its expanded Neemrana facility in India. The Rajasthan plant will exclusively produce USP Sennosides. Extracted from senna leaves and pods, sennosides are used as laxatives in...

Australian bottled water industry slowing to a trickle

Volatile economic conditions, environmental concerns and low consumer sentiment have hurt Australian packaged water producers, a new report by research firm IbisWorld has revealed. 

Kellogg strikes cereal and snack joint venture with Chinese monopoly Wilmar

US cereal giant Kellogg has struck a 50:50 joint venture with Chinese agribusiness monopoly Wilmar International that will manufacture and sell cereals and snacks across the country.

India food hub roll out continues

The roll out of a network of food and drink processing hubs in India is on track, with the latest Mega Food Park site confirmed at Malipada in the state...

News in brief

Asia fuels Fatburger expansion

Fatburger is the latest mid-sized burger brand to set up a plan for expansion across Asia. The US-headquarterd chain, which currently has just four Asian outlets hopes to end the year with...

Research finds Filipinos most active in sourcing web food deals

Forget Facebook and Twitter, Internet users in the Philippines are the most active in the Asia-Pacific region in going online for groceries and food products, a new survey has revealed.

IFF inaugurates Singapore plant

International Flavors and Fragrances (IFF) announced this week the opening of its new liquid manufacturing plant in Jurong, Singapore. The 12,000 square-metre facility is part of a previously announced US$100...

News in brief

McCain Foods doubles capacity at China plant

McCain Foods has doubled the operating capacity of its potato processing plant in Harbin, China, driven by strong growth in the region.

Indian retail investment approval could open doors to Western dairy brands – analyst

The Indian government has approved a policy amendment allowing foreign investment in its retail sector – a move that could open up the world’s largest dairy market to Western brands,...

News in brief

EU-China F&B exports grow by over 50%

Exports of food and beverages from the European Union to China grew by 51% during the first six months of 2012, compared to the corresponding period last year, the bloc reported yesterday.

New study 'will boost earnings for New Zealand winegrowers'

A new research initiative is expected to bring a windfall to New Zealand’s wine industry, which has been adversely affected by climatic variations in the recent past.

'NZ spirits industry ripe for investment'

A growing number of investors are eyeing New Zealand’s nascent spirits industry, with many small and medium-sized firms jostling to replicate the successes of the country’s wine growers, a new...

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