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Topics > Industry growth

McCain increases India investment as it struggles to meet demand

Faced with rapid growth which it is struggling to meet, McCain Foods’ Indian subsidiary has announced plans to invest a further US$69m to introduce a third manufacturing line at its...

Arla intends to build on Mengniu interest, not invest elsewhere in China

Arla Foods has no plans to acquire, merge or partner with any other Chinese dairy industry players under its recently-unveiled five-year strategy, a spokesperson for the Denmark-based co-operative has revealed.

State of the industry

Pakistan’s halal exports in dire need of certification

With Muslim countries fast waking up to the potential halal exports hold, and nations scrambling to become hubs for the distribution of Islamically acceptable meat, Pakistan is lagging behind the...

NESTLE POISED FOR CONTINUED CHINESE COFFEE DOMINANCE: ANALYST

China wakes up, smells Nestlé’s ‘unique’ coffee flavor

Nestlé’s ‘smart investment’ in Chinese whole bean coffee is likely to consolidate its market-leading position within the category there, as it stands poised to release a local product, according to...

China to explore increased rice imports from India

India’s newfound position as the world’s leading rice exporter has not escaped the attention of China, which may look to its western neighbour for increasingly greater rice supplies over the...

Exclusive interview

Manjushree Technopack sets out growth plans

Packaging firm Manjushree Technopack aims to double sales by 2015, driven by the growth of the middle class in India, and is poised to start construction on a fourth factory.

Wine Intelligence warns exporters of wine dollar delusion in China

Wine Intelligence has warned wine exporters to China against 'seeing only dollar signs' in the world's fifth-largest wine market, and said it was important to understand Chinese consumers, not just...

INDUSTRY VOICES: HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG

Tsingtao tightens grip on central Shaanxi as AB InBev lurks

Chinese beer giant Tsingtao Brewery is set to further consolidate its leading market position in Shaanxi by significantly expanding capacity with two new breweries, while AB InBev is also rumoured...

China predictions

Subsidies to rise while pork production still falls short of demand

As the Chinese government boosts agriculture productivity in its drive to ensure national food security, a new report has suggested that government subsidies will continue to grow. 

Indian breakfast market to liven up this year

Two of India's biggest food companies are preparing to extend their battle into the lucrative, albeit relatively new, breakfast oats category this year.

Cargill bets big on Indian processing operation

US agriculture giant Cargill aims to invest Rs50 crore (over US$91m) towards food processing across its Indian operation over the next two years. This figure also includes a US$73m corn...

Philippines looking towards India for growth

The Philippines government has urged Filipino exporters to look for opportunities in India as a means to mitigate the current downturn in key markets like the United States and Europe.

FDA names New Zealand as first country on par with US standards

This week, New Zealand has become the first country in the world to sign an agreement with the US Food and Drug Administration (FDA). The pact recognises each other’s food...

Coca-Cola FEMSA buys Coke’s Philippines bottling operation for $688.5m

Coca-Cola FEMSA has sealed a deal to acquire a majority stake in the Coca-Cola Company’s Philippines bottling operation in Mexico City, and hailed an import milestone in its history.

ANALYST INSIGHT

Suntory UK focus after $6bn IPO could see it snaffle Barr Britvic: Analyst

With rumors swirling that Japanese giant Suntory is considering a $6bn IPO next year, one analyst reasons that any desire to enter the UK market could see it target Barr...

Mixed bag of predictions in NZ’s latest trade report

New Zealand’s Ministry for Primary Industry has revealed that the country’s food industry is feeling the pinch as a result of the adverse global economic situation, even though favourable climatic...

News in brief

Suntory plans share sale to fund M&A drive?

Multinational Suntory Holdings plans to sell shares in its non-alcoholic drinks business to fund a mergers and acquisitions (M&A) drive, according to unnamed sources cited by Bloomberg.

Coca-Cola Amatil brews cider first as Swedish hit Rekorderlig joins 2014 portfolio

Coca-Cola Amatil (CCA) has signed a deal to distribute Swedish cider Rekorderlig in Australia from January 2014, and said its sales and distribution strength would help consolidate the brand’s market-leading...

News in brief

India has a ‘bright’ confectionery future

India’s confectionery market has a ‘bright future’ and will be bolstered by a growing gifting culture and increasing rural consumption, a report suggests.

State of the industry

Changing farm preferences causing Indian seeds to sprout

India’s seed industry is predicted to be worth Rs10,700 crore by 2015, according to a study by the Association of Chambers of Commerce and Industry (Assocham), corresponding to a 50%...

INDUSTRY VOICES: HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG

Carlsberg signals Chinese strategy shift and 'Top 3' ambition

For Chinese beer market followers, one of the most interesting developments over the last fortnight was Danish brewer Carlsberg’s announced strategy shift and expressed desire to acquire one of the...

Palsgaard backing Asian confidence with increased investment

The chief executive of Danish chocolate and extruded whipping cake emulsifiers major Palsgaard has outlined the reasons behind the company's recent significant investment in the Asia-Pacific region.

TETRA PAK VIDEO EXCLUSIVE

Tetra Pak researches processing methods to tap ‘explosive’ coconut water trend

Kit Lai, director of Tetra Pak’s Soya- and Coconut Knowledge Centers, discusses the global growth of coconut water and soya milks as categories, and the firm's latest formulation and processing...

News in brief

Record high for Vietnam rice exports

Vietnam is expected to export 7.7m tonnes of rice in 2012, setting a 20-year record high due to increased export orders in the last months in 2012, according to the...

Fake fears and shrinking bottles: Top 5 Chinese wine trends for 2013

Wine Intelligence analysts provide the lowdown on the five key developments the research group expects to see within the world’s fastest growing wine market China in 2013.