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.
The Indian government has urged PepsiCo boss Indra Nooyi to cut sugar levels in soft drinks further and launch more healthy and nutritious products.
Dairy giant Arla's ingredients business is building a new whey processing facility for €38m to meet rising demand for the dairy fraction in infant, sports and clinical nutrition.
George Weston Foods’ Weston Milling will merge with AB Mauri Australia/New Zealand to form a large bakery ingredients business across the region.
Huhtamäki Oyj has acquired folded carton packaging manufacturer, Interpac Packaging in Auckland, New Zealand.
GCC spending on food imports will more than double in the decade to 2020 to reach US$53.1bn, according to an Economist Intelligence Unit (EIU) report.
Pernod Ricard says a slump in China, and unfavourable foreign exchange effect, is responsible for an overall 7% fall in sales, as it released its full year 2013/14 results today.
Australian farmers are reaping the benefits of yellow spot-resistant wheat, developed by a team of researchers using gene deletion.
PepsiCo chairman Indra Nooyi has pledged to double the company’s investment in its Indian food processing operation to add to the sizeable sums it has already spent in the country....
China’s health food and supplements niches need filling, even if the current regulatory environment continues to put off some key international players.
Troubled Australian wine group and takeover target Treasury Wine Estates wants to accelerate its high-value US business and is exploring possible acquisitions or takeovers there.
Monster Energy CEO Rodney Sacks insists the brand will be well-placed to crack the Chinese market using the distribution might of new shareholder The Coca-Cola Company.
Yet another international firm has bid farewell to the Indian food service market after Lavazza sold its Barista Coffee Co., India’s oldest coffee chain, to local company Carnation Hospitality.
Australia must give priority to inking more Free Trade Agreements (FTAs) if it has to secure its agribusiness future, according to a new report by global agribusiness specialist Rabobank.
Though the terms of Australia’s approach to its “Asian Century” policy might need some finessing, there is no doubt China still holds massive potential—as long as businesses learn how to...
For years a laggard in the dairy stakes, China is now seeing massive growth in its yoghurt drinks market largely because of significant investment and new demand for healthier drinks...
China will become the world’s second most valuable bakery and cereals market by 2018, and understanding lifestyles will be key to capitalizing on this growth, says Canadean.
The Chinese bakery and cereals market, which is already the world’s largest in volume, is set to become the second most valuable by 2018 as more urban dwellers consume pick-me-up snacks on-the-go. ...
Indonesia’s poultry sector is fast transforming from a backyard industry to professionally managed and integrated production, according to figures released by Rabobank.
Penfolds producer Treasury Wine Estates has welcomed a $3.15bn takeover proposal from private equity firms Rhone Capital and KKR and will let them to conduct due diligence on its books.
Business confidence is strong within Australia’s complementary healthcare segment with more than eight out of 10 companies expecting to see their businesses grow over the next three years.
Anheuser-Busch InBev (ABI) today took back distribution control of Corona Extra from Carlsberg in China as CEO Carlos Brita insists the brand will extend its ‘super premium’ position in the...
A major stake in New Britain Palm Oil, which supplies UK manufacturers, is being targeted by Malaysian conglomerate Sime Darby, part of the consortium that acquired Battersea Power Station.
Diageo said today that foreign exchange movements ‘severely impacted’ its 2014 top line while Chinese anti-extravagance measures also hit hard – our slideshow dissects the Johnnie Walker distiller's performance.
Grain growers in the state of Victoria will benefit from a new five year agreement that will increase research and development in their industry, according to the Australian agriculture minister.
New Zealand’s Ministry for Primary Industries has released manuka honey labelling interim guidelines to clarify what claims can be made and what constitutes the widely counterfeited and vaguely regulated variety...