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Breaking News on Food & Beverage Development and Technology - Asia PacificEU edition | US edition

Topics > Industry growth

Eastern promise: Cargill pins aquafeed growth hopes on Asia

Best Aquaculture Practices (BAP) certification for Cargill’s feed mills in Central America underlines the continued importance of the region to Cargill’s aquafeed business. However, it is the fast-growing Asian region...

Dateline Southeast Asia

EU and Vietnam close to concluding a free-trade agreement

News in brief

Haitai Beverage launches ‘Sunkist’ smoothies in SIG Combibloc carton packs

Korean producer Haitai Beverage has launched two ‘Sunkist’ smoothies in SIG Combibloc combiblocMini 200ml cartons.

Saudi beats Egypt for top F&B market spot

Saudi Arabia remains the most attractive food and beverage market ahead of Egypt, with food consumption growth of 7.6% this year, says a new BMI report.

China to blame as Hershey reports Q2 loss of nearly $100m

The Hershey Company reported a net loss of almost $100m for the second quarter of 2015 - a result "adversely impacted" by its performance in China.

Far East digest

Low self-sufficiency rate stays put in Japan for fifth year

Low self-sufficiency rate stays put in Japan for fifth year

Fonterra slashes milk price forecast to account for supply demand 'imbalance'

Fonterra has slashed its farm gate milk price (FGMP) forecast for the 2015/16 to account for the current "imbalance" in supply and demand.

India

Minister satisfied despite Rs1tn cold-chain waste bill each year

India’s food processing minister has said her department was doing a “good job” as she reacted to a report that claimed that almost Rs1tn (US$15.7bn) worth of farm commodities is...

China

China’s beef industry holds ‘great potential’ for investors

China’s beef market will have great potential over the next decade, with its stakeholders expected to play an increasingly influential role in the global market, according to Rabobank.

$1 billion annual sales mark in view as Usana rides Q2 sales boom in China

Shares of Usana Health Sciences rose as much as 21% after the company announced strong second quarter earnings that were highlighted by a boom in China, where sales rose 84%....

‘Small format packs expected to grow more than 50% until 2020’

SIG Combibloc launches smallest carton for first time in Indonesia

SIG Combibloc has launched its smallest carton pack 80ml into Indonesia for the first time.

Energizing Zest Tea charts high-octane growth

Many a tea lover has settled for coffee or an energy drink when desperate for an energy fix. But Zest Tea hopes to change that with its high-caffeine brewed teas. ...

The promise of premium: AB InBev confident in Chinese beer strategy

AB InBev says its premium and super-premium strategy in China is paying off, with the brewing giant building the category to meet ‘pent up demand.’ 

Soapbox

An ounce of prevention…

Benjamin Franklin’s quote that “an ounce of prevention is worth a pound of cure” is often used when referring to health, though he originally meant it in the context of...

‘Emerging middle class’ drive B-brand growth

The emergence of a new middle class in emerging markets can serve as a catalyst to B-brand growth, rather than benefiting established global brands, say researchers.

H.B. Fuller to open hot melt and water-based adhesives factory in Indonesia in 2016

H.B. Fuller will open a hot melt and water-based adhesives manufacturing facility in Surabaya, Indonesia, with operations starting in the second quarter of 2016.

Developing markets show more concern for environmentally sound packs than developed ones: Tetra Pak

Consumers demonstrate growing interest in environmentally sound packaging, with shoppers in developing countries wishing to secure a cleaner environment for their children, according to Tetra Pak. 

Blendhub Corp. to open 40 factories in the next 3 years as processed food sales reach $8tn in 2016

Blendhub Corp. has set up its third Portable Powder Blending plant (PPB) in Mexico, after Spain and India, as it plans to open 40 factories in the next three years...

Far East digest

Taiwan FDA cracks down on imports from Fukushima

Taiwan FDA cracks down on imports from Fukushima

Dateline Southeast Asia

Quarter of a million tonnes of food wasted during Ramadan in Malaysia

Malaysia: Quarter of a million tonnes of food wasted during Ramadan

Looming RCEP deal could help unlock conclusion of Trans-Pacific FTA

South Korea has joined 15 other countries in holding fresh talks on a regional free-trade agreement to be held in Myanmar next month, when it is hoped that a cross-Asia...

Datagraphic

The ones to watch: Euromonitor pinpoints three chocolate markets in the Middle East & Africa

Euromonitor International unveils the world’s fastest growing chocolate markets and earmarks three beyond India and China that should be high on every confectioner's agenda.

News in brief

Iggesund Paperboard to open sheeting and warehousing facility in Taiwan

Iggesund Paperboard will open a sheeting and warehousing facility in Taiwan at the end of July 2015.

China overtakes US to become ice cream market 'powerhouse': Mintel

China has overtaken the US to become the “powerhouse” of the global ice cream market, says Mintel.

a2 Milk Company rejects Dean Foods, Freedom Foods takeover bid

The a2 Milk Company (a2MC) has rejected a joint takeover bid by Australian firm Freedom Foods and US dairy giant Dean Foods.

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