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Industry growth

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.

Cranberry herbal medicine status in Malaysia will spark business: Pharmatoka

French cranberry specialist, Pharmatoka, has been granted a traditional herbal medicine status in Malaysia for its Urell supplement set to spark business across Southeast Asia, according to the firm’s owner....

Dispatches from Vitafoods Europe 2012

South Korea, China and Indonesia: Omega-3 ‘ones to watch’

South Korea is Asia’s fastest growing omega-3 market underpinned by new government legislation with high recommended daily intake (RDI) levels but China and Indonesia also hold potential, according to executive...

Dispatches from Vitafoods Europe 2012

China face-to-face with Europe’s lucrative nutrition market

Vitafoods Europe 2012 is a good place to come face to face with business in Europe’s lucrative health and nutrition market, according to Chinese firms exhibiting in the China Pavilion.

Clean label starches and phosphate replacers: Ulrick & Short’s Asia focus

Clean label starches and phosphate replacers are the key focus for UK ingredients firm, Ulrick & Short, as it enters the Asia Pacific market for the first time via a...

India target US$3bn in spice exports by 2017

India is embarking on ambitious plans to increase its spice exports, further increasing its domination of the world’s spice trade, experts from the sector said.

Vitafoods Europe records 12% growth, plots Asian show expansion

Vitafoods Europe saw 12% more attendees (11,594 ) pass through its doors in Geneva this year with show producer Informa casting its eyes forward to the second edition of Vitafoods...

Future Group inks deal with agri-processor

Food major Future Group has announced that it has inked a deal with rice processor LT Foods that includes the setting up of the latter’s new facility at the group’s...

Dispatches from Vitafoods Europe 2012

Chinese firm tackles Asia with its EU and US market knowledge

Chinese ingredients firm, Fenchem, has established a strong business presence in the EU and US but has now turned its attention back to its local territory – to target what...

Dispatches from Vitafoods Europe 2012

Vitafoods Europe snapshot shows strong Asian presence

Vitafoods Europe 2012 in Geneva attracted companies from all over the world, including Asia, with three dedicated pavilions to China, India and Korea housing smaller ingredients firms from each market.

India’s marine exports boom in Fukushima wake

India’s marine product exports are booming, underpinned by increased demand from Southeast Asian markets in the Fukushima aftermath.

Yihaodian: A wine gateway to China?

Chinese online supermarket giant, Yihaodian, is set to launch wines from New Zealand, France and the US on its site – offering a complete business solution for new international entrants,...

News in brief

India almost tripled organic exports last year, says government agency

India's organic exports almost tripled in value for the fiscal year 2011-12 from the previous year, a government agency detailed.

Dispatches from Vitafoods Europe 2012

EU market is 'difficult to penetrate' for Chinese ingredient firm

A local Chinese company has developed a curcurmin ingredient for the global market but a sales representative told FoodNavigator-Asia at Vitafoods Europe that India is a strong competitor and Europe...

Dispatches from Vitafoods Europe 2012

Regional partnerships are key to tackling Asia, says Vésale Pharma president

Asia’s functional food market is still a new target area for pharmaceutical firm Vésale Pharma and working with regional agents will prove essential in gaining traction in the market, according...

Thai food industry will remain robust within new EU-like network, says top food institute

Thailand is set to economically merge with its geographical neighbours by 2015, but its food industry will withstand economic pressures and flourish over the next decade, the head of the...

Malaysia’s palm oil market is mature but Indonesia holds growth potential: Rabobank

A mature palm oil market and scarce land for expansion in Malaysia means Indonesia is set to underpin increased production due to its considerably younger profile, a Rabobank report suggests.

Thai food giant to tap West African noodles market

In a first, a Thai food major is taking its operations across the Indian Ocean to Africa, hoping to capitalise both on available resources and rising consumption in the region.

Indian herbal specialist ups coleus farming amid weight management demands

Indian herbal specialist, Olive Lifesciences, has increased the contract farming for its lead product coleus, amid growing weight management demands for the extract from Japan, Europe and the US.

BASF backs Chinese functional bakery

China’s bakery sector is fast developing but there are unmet needs for healthier products that BASF Nutrition is hoping to tap into following its presence at Shanghai trade show Bakery...

Foreign food investments - easier said than done: NZFGC

Tripling foreign capital in New Zealand’s food and beverage sector is too ambitious, says the New Zealand Food and Grocery Council (NZFGC).

Foreign capital needed to boost Kiwi food and beverage sector: Government agency

New Zealand’s food and beverage industry must shift to producing end products in a bid to drive its export market, but this transition will require hefty foreign capital, a Ministry...

Fluxome granted Japanese omega-3 processing patent

Natural ingredients supplier, Fluxome, has been awarded a patent for its omega-3 production technology in the ‘important’ Japanese market.

US algae firm will upscale and enter Southeast Asia with Indonesian investment

A US$15m strategic investment from Indonesian agribusiness group, Salim, will increase research and production capabilities and open new market doors for US algae technology firm Heliae.

Indian diet experts demand GI food indicators

Nutritionists in India have called for clear labelling of the glycemic index (GI) on food products, as a new survey has revealed a low level of awareness on GI consumption.

China is consolidating, but diversifying?

China’s food and beverage market is undergoing consolidation – much of which is being achieved through rampant acquisitions across new market sectors and countries, according to an analyst.

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