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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.

‘We’ll be the No.1 can player in China!’ Crown Holdings

Crown Holdings expects to become the leading beverage can producer in China this year and is bullish on the nation’s growth prospects despite low prices for its products.

Continuing retail growth confirms Australian optimism

The latest edition of the Australian Food and Grocery Council-CHEP Retail Index shows year-on-year growth in retail sales at its strongest since early 2010.

Live from Probiota 2014

Data eater: EU probiotic yoghurt market to drop 4.5% by 2018; supplements on the up

The market for probiotic yoghurt in 20 key European Union markets will fall 4.5% in the five years between now and 2018, but the overall sector trend remains positive, Euromonitor...

News in brief

Kangshifu steals march on Coke in global soft drinks struggle

Tingyi's successful Chinese brand Kangshifu is gaining ground on Coca-Cola, Pepsi and Sprit in the bottle for world soft drinks domination, according to new Canadean research.

News in brief

New Chinese stevia source enters North American market

A new player has entered the North American stevia picture with the announcement that Chenguang Biotech has named ingredient supplier GWI as its exclusive distributor in the North American market.

NZX granted US dairy derivatives trading approval

The New Zealand Stock Exchange (NZX) has taken "another vital step" towards becoming a global player in the dairy industry by securing status as an authorised dairy trader in the...

Australian government must change health focus to promote wellbeing

The Complementary Healthcare Council of Australia (CHC) has called on the government to change its health focus from supporting what it calls “an ailing and expensive illness model” to one...

Japan’s Calbee teams up with URC to tap Filipino snack food market

Filipino food major Universal Robina Corp's has partnered with Calbee Inc., Japan's largest snack food company, a move that will further establish both firms in Philippines’ growing packaged food market.

Rabobank sees ‘huge upside’ in China milk tea opportunity

Global tea companies will have to hit the M&A trail to unlock opportunities in important tea markets including China, Russia and India, according to Rabobank.

News in brief

Connell Bros. takes Enzyme Solutions in Aus business acquisition

Connell Bros., the Australian specialty chemicals and ingredients distributor, has announced it has acquired the business of Enzyme Solutions in Melbourne.  

US bottle maker ramps up Indonesia investment

Owens-Illinois, the world's largest glass container manufacturer, will increase investment in its Jakarta plant, having already increased its production line speed and capacity to support Southeast Asian growth.

Coopers’ figures strong in face of bad year for Aussie beer

Coopers Brewery has bucked the domestic beer trend and enjoyed record year for beer sales in 2013, surging past the 70m litre mark for the first time in the company’s...

Global probiotic market to add 50% to €33bn by 2018: Analyst

The term ‘probiotic’ may be banned in the European Union – along with its cousin ‘prebiotic’ – but sales remain steady, and the global picture is buoyant, says leading analyst, Euromonitor International.

Apac to leapfrog combined US and European demand for F&B this year

This year will see Asia-Pacific account for one-third of the world’s food and beverage market share, and eclipse both North America and Europe combined in terms of demand.

Nestlé collaborates with Singapore’s A*STAR to study biotransformation

Food giant Nestlé has found a new research partner in the form of a Singaporean government agency to study, with whom it will be studying a number of food and...

AFBA calls for food label changes

The ASEAN Food and Beverage Alliance (AFBA) is calling for the same food labelling across all of south east Asia because it is critical to help the industry expand. 

Fonterra raises 'dim sum' funds for China expansion

New Zealand dairy major Fonterra has raised RMB1.25bn (US$210m) through a five-year offshore “dim sum” bond issue to to repay debt and expand its operations in China. 

Bega’s share shed paves the way for Saputo takeover of Warrnambool

The announcement today by Australia’s Bega Cheese to sell its stock in Warrnambool leaves the way clear for Lion to follow suit, while Canadian dairy company Saputo should now be...

Weight Watchers to launch cake mixes and soups in India

India’s rapidly growing obesity numbers have finally attracted the Weight Watchers brand of food products, which will be launched in India soon, an official with company’s Indian partner confirmed. ...

Governments must increase pace of harmonisation across SE Asia

A Southeast Asia industry body has warned Asean governments that they are missing out of the full economic potential of the agri-food sector by dawdling with the harmonisation of food...

Japan’s $10.6bn snack market is an R&D playground: Euromonitor

Japan's ultra-developed snack market could be a hotbed for research and development (R&D) in the sector, says Euromonitor.

Nestlé’s Asia chief admits errors in India

The head of Nestlé’s business in Asia has admitted the company has made mistakes in the way it has approached the India market by ignoring consumers in the country’s massive...

China’s krill market opening up to newcomers

Canadian biotechnology company Neptune has followed its krill supply rivals Aker Biomarine in receiving New Food Raw Material certification in China, which allows the companies to sell their krill oil...

Adoption of western style products in ready-to-drink market

Oystar sees surge for iced coffee drinks in Japan

Oystar, which supplies packaging machinery to companies including Danone, Nestlé and Müller, has seen a surge in iced coffee drinks in Japan.

Kellogg’s Malaysian Pringles plant to boost Asia hold

The Kellogg Company will build a snacks manufacturing facility in Malaysia to increase Pringles capacity across Asia Pacific.

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