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Topics > Industry growth

China

China leads world beef market’s return to better days

Chinese beef import volumes remain historically high, but still a long way behind last year’s stratospheric growth.

Australia

Goodman Fielder agrees to takeover bid from Wilmar and First Pacific

Iconic Australian food maker Goodman Fielder has finally agreed to an A$1.34bn (US$1.26bn) offer by Wilmar International and First Pacific Company to acquire the company after the last two bids...

Chinese organic dairy Shengmu launches expansion-driven IPO

Shengmu Organic, China's largest organic dairy player, is seeking to raise up to HK$1.3bn (US$169m, €124m) through an initial public offering (IPO) of shares in Hong Kong.

News in brief

Taura Natural Ingredients secures European distributor for fruit series

Taura Natural Ingredients is teaming up with France-based Phoenix Ingredients for European distribution of its Gourmet Series fruit line.

Australia

Cider poised to take over from alcopops

Cider’s dramatic rise in popularity among Australian consumers appears to have come at the expense of pre-mixed spirits, according to new market research figures.

Australia

Foreign ownership might be up, but farms are still mostly Australian

With foreign investment in Australian agriculture being among the most heated political issues in the country at the moment, new figures released by the Australia Bureau of Statistics might come...

China

Bright Food eager to snap up more big international acquisitions

Unbowed by the decision by credit agency Moody’s to downgrade its outlook last month to “negative” following the recent near-billion-dollar Tnuva buy-in, Bright Food is now said to be looking...

News in brief

New $27m Givaudan plant opens in Indonesia

Indonesia’s fast-growing importance in flavour production was acknowledged by the opening of a US$27m spray-dry facility by the worldwide flavours and scents market leader, Givaudan.

India set to increase meat presence globally

India is poised to take a larger step on to the world stage when it comes to meat, delegates to the World Meat Congress were told.

News in brief

Korean health supplements body joins Iadsa

The Korea Health Supplements Association (KHSA) is the latest body to join Iadsa, the International Alliance of Dietary/ Food Supplement Associations.   

China Meat Association outlines state of industry to Congress

The pace of change in the Chinese meat industry is rapid, with both demand and prices up, and modernisation continuing apace, the president of the China Meat Association told delegates...

News in brief

Ammeraal Beltech opens China facility

Ammeraal Beltech has opened a manufacturing facility in China. 

Regionwide

Asia-Pacific's 10 biggest retailers: Japan continues to lead the way

Over the next five years, Asia-Pacific will account for more than half of all the world’s new retail sales, according to this year’s edition of Euromonitor’s Retail Asia-Pacific Top 500...

BREAKING NEWS

Coca-Cola India wins ruling overturning Uttar Pradesh plant closure order

Coca-Cola India's controversial bottling plant in Uttar Pradesh will reopen after a national environmental tribunal today stayed a local pollution control board ruling ordering its closure.

News in brief

Nestlé opens third China R&D centre

Nestlé has officially inaugurated its latest Chinese research and development facility, in Dongguan, Guangdong province.

China

Walmart to triple spending on food safety in China

Walmart China will significantly increase its investment in food safety to more than RMB300m (US$48m) between 2013 and 2015. Previously, the retailer had announced investments of RMB100m for the same...

Australia

Dietician claims world first with “Fodmap” range for IBS sufferers

A Melbourne-based dietician is claiming a world first with the launch of a new range of low-Fodmap foods, opening up a new “free-from” market segment that she believes has the...

News in brief

Mystery shrouds New Britain Palm Oil takeover rumours

Mystery surrounds rumours of a sale of a major stake in New Britain Palm Oil (NBPO) and what it could mean after the firm released a vague statement.

US university creates curriculum for Nestlé training center in China

The University of Wisconsin-Madison, US, will develop the curriculum for a $400m Nestlé dairy training center in China. 

Food and drink brands catch World Cup fever

A nationwide World Cup BBQ party beckons, with shoppers set to stock up on food and drink ahead of the England football team’s opening match with Italy on Saturday, Tesco...

Asia-Pacific

ADM announces major Apac business restructure

American agriculture major Archer Daniels Midland will embark on a plan to restructure its Asia-Pacific operations to take into account changes in the region as incomes grow and diets evolve.

India

Modi calls for new emphasis on technology to fight rising food costs

New Indian prime minister Narendra Modi has vowed to control food inflation in the country by improving agriculture productivity through modern farm techniques and collaborations between academia and farms.

Granola: A sophisticated breakfast win in Japan

Granola has boomed in Japan because of its health promise and versatility and Western cereal firms could cash in further by playing up the trendy aspect, says a Datamonitor Consumer...

Soapbox

Light at the end of the tunnel for China supplement importers

The regulatory management of China’s dietary supplement industry has always been a controversial issue, especially over the last six years. 

Thailand

Bowman enters Apac food coatings business through Thai joint-venture

UK-based food coatings specialist Bowman Ingredients has launched a new offshoot in Thailand with a joint-venture with an family-owned food coatings firm based near Bangkok. 

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