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Topics > Industry growth

India

Roha to grow natural extracts portfolio following Italian acquisition

Roha has acquired Essential, a plant and fruit extracts firm from Italy, for an undisclosed price tag as it continues its push into new organic segments within the colours market.

New Zealand looks to dairy boom in 2018

A new document from New Zealand’s Ministry for Primary Industries (MPI) says dairy export revenue is set to boom in 2018.

BioGaia expands in Japan with new probiotics deals

Swedish probiotics supplier BioGaia has signed two major deals in Japan with Nippon Kabaya Ohayo Holdings Inc. 

Vitaco deal enters final stage, but fellow Australian firm Nature’s Care to stay in private ownership

The Federal Court of Australia has approved the takeover of vitamin firm Vitaco by Chinese investors, with the deal now officially entering the “completion stage”.

AB InBev sells SABMiller’s central and eastern European business to Asahi

Anheuser-Busch InBev has agreed to sell the former SABMiller businesses in Poland, the Czech Republic, Slovakia, Hungary and Romania to Asahi for €7.3bn ($7.75bn).

India’s confectionery market to eclipse growth in other BRICs: MarketLine

India’s confectionery market is set to significantly outstrip sales growth in other BRIC countries in the next five years, says MarketLine.

Fonterra to expand mozzarella production with new plant

Fonterra has announced it will be constructing a new mozzarella plant to meet growing customer demand.

China direct

Chinese sweetener prices rising at last after spate of plant closures

After a year-long race to the bottom by Chinese manufacturers, acesulfame-K sweetener prices have grown steadily since May, with analysts expecting further increases then stabilisation as suppliers, including segment giant...

The seven top Asia Pacific food and nutrition trends of 2016

As 2016 draws to a close, we highlight the top seven most-read APAC food and nutrition trends stories, featuring exclusive market and consumer insights from Japan, South East Asia, India,...

China chocolate brand Le Conte sold to Hollygee for $33m

Wedding candy brand from Fujian Province Hollygee (好邻居) has acquired the largest Chinese domestic chocolate confectionery company Le Conte (金帝) for 230m RMB ($33m).

Exclusive interview

MENA Millennials driving demand for bakery and snacks, says Golden Agri-Resources

The Middle East and North Africa (MENA) is developing a taste for luxury products, especially premium bakery goods, snacks and confectionery.

New India supplements and nutraceuticals rules receive backing of direct-selling industry

The Indian Direct Selling Association (IDSA) has welcomed new rules for supplements and nutraceuticals announced by the Food Safety and Standards Authority of India (FSSAI), saying it is a crucial...

Asian grocery growth to outpace Europe and North America combined

Asia will remain the biggest engine of growth in the grocery market with sales expected to exceed those of Europe and North America combined within five years, according to new...

South Asia radius

Amira joins select few firms with permission to ship rice to China

Dubai-based Amira Nature Foods, which manufactures packaged Indian specialty rice, is now one of only a select few Indian companies allowed to export rice to China after they were granted...

China infant formula uncertainty claims another victim: Murray Goulburn and Mead Johnson deal scrapped

Australian dairy co-operative Murray Goulburn and Mead Johnson Nutrition have scrapped an agreement signed in March to supply infant formula to Asia.

China

SIAF aquaculture offshoot given green light to expand with $36m loan

Chinese protein investment major Sino Agro Food Industries’ fisheries subsidiary has been approved for a CNY250m (US$36.3m) loan to expand its operations.

News in brief

Chaucer sold to Japanese food firm in €122m deal

British food firm Chaucer has been sold to Japanese manufacturer Nagatanien in a £102.8m (€122.8m) deal which the freeze-dried food manufacturer says will help it expand into the US and...

Mubadala mulls two big Russian agriculture investments

Abu Dhabi state investment vehicle Mubadala may make two food-supply investments worth up to US$200m to Russia’s food sector. 

Saudi PIF acquires half of Adeptio soon after Americana sale

Saudi Arabia’s sovereign wealth fund has made a rare foray into into the food industry after concluding a deal to buy half of Adeptio Holdings, which recently acquired a 67%...

News in brief

Pancosma invests in additives producer in China

Pancosma has acquired an 80% majority shareholding in a Chinese feed additives firm, Jangsu Keybio Biology Technology Co, to accelerate its development in China.

Guest article

Sports nutrition set for impressive Asia growth as products become ‘lifestyle choices’

The sports nutrition market picking up the pace in Asia Pacific and can look forward to long-term growth, writes Allied Market Research analyst Ravi Chawat.

Valio to sell lactose-free milk powder in China

Finnish dairy company Valio has started exporting lactose-free consumer milk powder to China.

Patience is a virtue when mastering China, Cosucra finds

Far East business is now getting “hot” for Belgian vegetable protein supplier Cosucra after five years of expanding in China.

China’s tiny baked goods category now ripe for foreign investment

Though its baked goods market is 125 times smaller than its counterpart in Europe, China still holds enormous potential for businesses exactly because of this low per-capita consumption.

Malaysia offers to advise Japanese halal industry ahead of Olympics

Malaysia has offered to advise the Japanese halal industry, which its prime minister says holds great potential for Islamic products. 

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