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GOED chairman: Serious omega-3 supply issues lie ahead as demand rockets

The chair of the international marine-sourced omega-3 trade group has warned the omega-3 sector faces an impending supply crisis as global demand booms for food, pharma and supplement products.

Latin America and Asia to dominate global bakery

As bakery growth flattens in Western economies, Latin America and Asia Pacific are two emerging markets that are set to dominate global bakery growth, an analyst suggests.

Ripe Australian supplements sector drives distribution deal

High usage of supplements across Australia has prompted local firm Lipa Pharmaceuticals to strike a distribution deal for a botanical extract manufactured in India.

Pet food tycoon chomps into confectionery world with Darrell Lea buy

A multi-million dollar Australian pet food firm has snapped up troubled confectioner Darrell Lea for an undisclosed sum as it plans to delve into a new market area.

New Zealand dairy industry growth slowdown due - Rabobank

The Fonterra-dominated New Zealand dairy industry will experience a growth slowdown over the next decade as growth-driving factors evolve, agribusiness Rabobank has forecast.

GrainCorp plans oils empire after double acquisition

Australasian food processing major Goodman Fieldr has inked an agreement to sell Integro, its commercial oils business, to a consortium comprising of GrainCorp and Gardner Smith.

Probiotics in India to grow 11% yearly: Report

India’s nascent probiotic market is expected to grow at 11% till 2016, but only if manufacturers are able to increase the awareness about these products locally.

Avebe targets Asian frozen dumplings with innovation

Starch firm Avebe is targeting frozen dumpling manufacturers in Asia with a new ingredient that it claims will deliver better quality products.

News in brief

Taiwan invests in bakery sector

Local reports suggest Taiwan is investing in efforts to significantly boost its bakery industry; promoting innovation and use of local ingredients.

Chinese giant Wahaha ‘leads pack’ after KP Snacks

A Chinese food giant has emerged as the leading contender to buy United Biscuit’s (UB’s) KP Snacks business, according to the state-owned China Daily newspaper.

US food exports jump 27% in the Philippines

The Philippines has emerged as a top destination for US food and beverage manufacturers, says the US Department of Agriculture’s (USDA) Foreign Agricultural Service (FAS).

Fonterra reports record export figures

Fonterra, the world’s biggest exporter of dairy products, achieved a record export in the final three months of the 2011/12 season.

Urgency needed to reform Australian food sector, says AFGC

The Australian Food and Grocery Council (AFGC) has called on fast action to be taken to reform the country’s food processing sector in light of a recently published Senate report....

Connell goes local in Australia and New Zealand

Going local and cost savings have driven ingredients marketer and distributor Connell Brothers to open a new food application facility in Australia.

Aquaculture growth: The "double-edged sword"

With fish consumption rates soaring and wild fishing stagnating, efforts must be pumped into the sustainable growth of aquaculture, a new report suggests.

China’s breakfast table: A local affair

Manufacturers targeting China’s breakfast market need to realize it is a local taste affair if they are to capture consumers, according to Mintel.

China Modern Dairy denies Mengniu takeover talks

China Modern Dairy Holdings - China’s largest milk producer - has denied any knowledge of talks designed to discuss its takeover by Mengniu.

Indian non-carbonated beverage market to boom, says report

Lifestyle-related issues is pushing Indians to drink more non-carbonated beverages –a market set to grow by 35% annually according to a new report.

Heineken closes in on Singapore takeover target in potential S$7.5bn deal

Heineken has struck an agreement with the board of Fraser and Neave (F&N) to acquire the latter’s interest in Asia Pacific Breweries (APB) for over S$5.1bn, as one analyst told...

Yakult Light probiotic drink makes US debut

Japanese probiotics pioneer Yakult has launched a light version of its fermented dairy drink in the US.

Aspartame sales plunge for Ajinomoto

Global sales of aspartame “decreased considerably” during the first quarter of Ajinomoto’s financial year, according to the company.

Branding heaven: The sociable, young Indonesian minimarket

Snacks and soft drinks brand owners looking to build traction in Indonesia should target local convenience stores amid a soaring trend for young, wealthy consumers to socialise in this retail space,...

Asahi invests to meet Malaysian beverage demand

Asahi’s Malaysian unit has built a new bottling line to cope with a growing demand for carbonated beverages in Malaysia.

Indian imported spirits growing 25% yearly, says report

Indian spirit imports will soar to five million cases or 55m litres by 2015, says the Associated Chambers of Commerce and Industry of India (ASSOCHAM).

Yakult ups production in ‘promising’ China

Japanese probiotics hulk Yakult is driving up production of its iconic fermented milk drink at its Tianjin facility in China amid ‘promising’ growth opportunities.