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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.

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.

Intertek Cantox tackles regulatory hurdles in China

Global consultancy firm Intertek Cantox International has expanded its food regulatory services in Asia with a new office in Beijing dedicated to assisting food ingredient manufacturers conform to regulatory requirements...

Frutarom’s savoury sway for China and SE Asia

A new manufacturing facility in Shanghai will enable flavour manufacturer Frutarom to tap into the vast opportunities in the savoury application sector in China and Southeast Asia.

Herbal specialist in India drives NPD with new R&D centre

India-based botanical extract specialists, Olive Lifesciences, has invested US$434,000 in a new research and development facility near Bangalore to drive new product development (NPD) and product assessment for the nutraceutical...

Healthy is big for PepsiCo in India

PepsiCo’s push into the healthy foods market in India is truly on its way with the company launching ‘healthier’ variants of some of its most popular food products.

Industry Insight

Dietary supplements market China: overhaul needed

China’s vast yet underdeveloped dietary supplements market needs a full regulatory reform to realise true growth through a transparent and open marketplace, according to an industry expert.

Synthite bids for SE Asian expansion through Chinese acquisition

Synthite Industries, the India-based oleoresin extraction firm, has said that it would use its recently announced acquisition in China to clear a path to the Southeast Asian market.

Asian investment enables Blue Pacific Flavors to expand research capabilities

An undisclosed investment from Asia’s largest agribusiness Wilmar International will enable US flavour giant Blue Pacific Flavors to focus on expanding its research capacities.

Pengxin gains extension on Crafar buyout

China-based Shanghai Pengxin Group has been granted an extension until February 7 to finalise the purchase of New Zealand Crafar Dairy farms, KordaMentha, the farms’ receivers announced today.

NZ natural products market bursts through billion dollar mark

New Zealand’s natural products industry has exceeded revenues of NZ$1billion (US$823.2m) which highlights the significance of this sector and its growth potential, especially in exports, according to an industry expert....

Young urban Indians go wild for supplements

Easy availability and a growing interest in fitness trends see about 78% of adolescents in urban India consume at least one type of dietary supplement, a survey by the Associated...

Naturex founder: “After Asia, acquisitions will be European and North American”

Rampant acquisitionist Naturex will make 3-4 European and North American acquisitions in 2012, once it completes a deal with an unnamed Asian supplier by the end of March, CEO, president...

Australian wine giant acquires distributor for Chinese expansion

Even as Chinese companies gobble up Australian food and beverage manufacturing interests, one Australian wine maker has reversed the tables by buying up a Chinese concern to expand its market.

Singapore: Innovative exports to drive growth

The focus for manufacturers in Singapore needs to be on the export market, and in particular functional and health foods, according to industry official.

Lucrative Chinese partnership for Australian winery

A strong Chinese investment in the Australian wine company Ferngrove has enabled it to expand its premium bottled wine business and successfully enter and market to China, according to the...

The year of the dragon: A fiery prospect for winemakers?

International wine makers will reap the benefits of the Chinese New Year period where wine consumption will at least double, according to industry experts.

Tsingtao sets its sight on overseas market

Tsingtao has pledged US$100 million to set up a brewery in Thailand, its first overseas facility to target a larger international customer base.

Healthy opportunities in Australia’s natural yoghurt sector

There is growth opportunity in the natural yoghurt sector in Australia but manufacturers need to have environmentally-conscious branding and focus on promoting the health benefits, according to research.

News in brief

Australian beef and lamb exports up 3%

Australian beef and lamb exports jumped 3% in 2011 to 949,195 and 160,007 tonnes swt respectively.

Timely entrance into Vietnam for Baskin-Robbins

US ice cream brand Baskin-Robbins has timed entrance into Vietnam carefully via a franchise with a local food company amid a snowballing economy and emerging middle class with a taste...

New Zealand can triple exports over next 15 years: Report

New Zealand’s food and beverage sector does have the growth potential to reach government targets of tripling exports over the next 15 years, with opportunities in processed foods and beverages,...

Indian biscuit maker takes aim at soy market

Maker of the Priya and Priya Gold brands of biscuits, Kolkata-based Priya Food Products is set to enter India’s packaged soy food products market.

Key Industry Events