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Breaking News on Food, Beverage & Supplement Development - Asia PacificEU edition | US edition

Topics > Industry growth

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.

China driving global beef growth

Market fundamentals remain very positive for the global beef industry, with the Chinese market leading worldwide demand.

News in brief

Barentz moves into Oceania following Additive Solutions acquisition

Barentz International has teamed up with Australia’s Additive Solutions to market and distribute its ingredients across Australia and New Zealand.

M&S to change approach to China by seeking JV partner

Marks & Spencer no longer plans to open wholly owned stores in China, making the British retailer the latest in a long line of international chains to be seeking a...

Aussie vit market growing faster than Kiwi counterpart, study finds

More Australians are getting into vitamins—and doing so at a faster rate—than their trans-Tasman neighbours, according to new research.

News in brief

Capri-Sun adds final Indian BRIC to emerging market edifice

Capri-Sun will launch in India this month via a partnership with SDU Beverages, and the brand says it has tremendous potential to tap fruit juice growth of 49% over the...

New Zealand government wants to unlock avocado potential

The Avocado Industry Council announced today it will partner with the New Zealand’s Ministry for Primary Industries in an effort to unlock potential in the country’s avocado industry.

Asia driving global malt whisky growth

Strong growth in Asia has driven the world’s malt whisky sector, which grew by 46.7% between 2003 and 2012, according to a new report from just-drinks and The IWSR.

'Trade conflict turned business partnership!' China ends EU wine war

China has agreed to end its year-long investigation into subsidies on and alleged dumping of EU wine exports in a move that will relieve France in particular.

Forget India and China: Indonesia is driving Asia’s middle-class boom

The opportunities to engage with Southeast Asia’s growing middle-class are abundant, but marketeers will also need to nurture the consumer up the value chain to ensure success. 

News in brief

Firmenich bolsters Asia-Pacific presence

Firmenich, the largest privately held flavour and fragrance company, is ramping up its Asia-Pacific presence as it banks on the region’s increasing awareness of health and wellness.

Baby food boom in China is emptying Australian supermarket shelves

Australia’s baby food industry grew by 9% in value in 2013, thanks mainly to growing demand from China’s expanding middle class for safe and quality milk formula, said a new...

Aussie seafood producer aiming for world-first in certification

An Australian seafood is hoping to receive a world first with Marine Stewardship Council certification for its mahi mahi, while also becoming Australia’s first tuna fishery to enter assessment to...

US firm hopes deal will open up market for californian wines

VATS the way I like it! Constellation Brands inks China wine deal

Constellation Brands has signed a long-term strategic deal with China’s VATs Liquor to develop the world’s best-selling table wine Robert Mondavi in the country.

News in brief

New Japan office to bolster Tate & Lyle’s Apac presence

Tate & Lyle hopes to strengthen its direct sales potential in Japan with the opening of a new office in Tokyo. 

News in brief

Nestlé S Korean JV approved, opens new Chinese safety centre

The European Commission has approved the creation of a joint-venture between Nestlé and South Korea’s Lotte Group under EU merger regulation. 

Dutch dairy sector has 'a lot of knowledge to share' with China

China and the Netherlands have signed a memorandum of understanding (MOU) that will see the Asian country glean dairy industry know-how from the likes of FrieslandCampina.

LIVE FROM ZENITH INFANT NUTRITION CONFERENCE

Asia would be 'nice next step' for infant formula cube: Meiji

The “unique” Meiji Hohoemi Raku Raku Cube concept - the world's first and only infant formula in tablet form - could head west as the company's dairy products become "more widely available" across...

Indian start-up targets global snacks with high protein, price stable quinoa

Snack makers should consider sourcing quinoa from India where the exotica strain is sweeter, higher in protein and sells at a stable, lower price, says the managing director of Ashtral...

Almost 1m Aussies eat mints they never bought

It’s the great unspoken black hole in the Australian economy. Almost a million Australians a month flippantly committing the pettiest of larcenies: eating mints they don’t buy.

UAE urged to avoid the mistakes of other countries

A leading investor has warned the UAE not to make the same mistakes as other nations when it comes to food security. 

NZ strengthens agri-ties with Saudi Arabia

The New Zealand government has committed NZ$6m (US$5.1m) to establish an agribusiness service hub in Saudi Arabia.

Amira expands into the UAE organic market

Indian speciality rice major Amira Nature Foods has announced plans to enter the UAE’s organic food market as it focuses on gaining a larger market share across the wider Middle...

Feature

China’s meat majors focus on convenience as incomes rise

There was a time when convenience for China’s meat-eaters was a bag of frozen pork dumplings. But today the offerings of convenience meat products are exploding across the aisles of...

Takasago opens new flavours and fragrances facility in Singapore

Japan-based Takasago International has announced  the opening of a new fully integrated flavours and fragrances plant in Singapore, in a move directed towards targeting growing Asian food and beverage processors. ...

‘Hedonic Expectations’: How to drive healthy drinks sales in China

The Chinese place more trust in big beverage brands to deliver safe products, link ‘naturalness’ to single-flavor varieties and are increasingly willing to pay more for quality, safety and nutrition.

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