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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.

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.

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.

Key Industry Events