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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.
Philippines looking towards India for growth
The Philippines government has urged Filipino exporters to look for opportunities in India as a means to mitigate the current downturn in key markets like the United States and Europe.
FDA names New Zealand as first country on par with US standards
This week, New Zealand has become the first country in the world to sign an agreement with the US Food and Drug Administration (FDA). The pact recognises each other’s food...
Coca-Cola FEMSA buys Coke’s Philippines bottling operation for $688.5m
Coca-Cola FEMSA has sealed a deal to acquire a majority stake in the Coca-Cola Company’s Philippines bottling operation in Mexico City, and hailed an import milestone in its history.
ANALYST INSIGHT
Suntory UK focus after $6bn IPO could see it snaffle Barr Britvic: Analyst
With rumors swirling that Japanese giant Suntory is considering a $6bn IPO next year, one analyst reasons that any desire to enter the UK market could see it target Barr...
Mixed bag of predictions in NZ’s latest trade report
New Zealand’s Ministry for Primary Industry has revealed that the country’s food industry is feeling the pinch as a result of the adverse global economic situation, even though favourable climatic...
News in brief
Suntory plans share sale to fund M&A drive?
Multinational Suntory Holdings plans to sell shares in its non-alcoholic drinks business to fund a mergers and acquisitions (M&A) drive, according to unnamed sources cited by Bloomberg.
Coca-Cola Amatil brews cider first as Swedish hit Rekorderlig joins 2014 portfolio
Coca-Cola Amatil (CCA) has signed a deal to distribute Swedish cider Rekorderlig in Australia from January 2014, and said its sales and distribution strength would help consolidate the brand’s market-leading...
News in brief
India has a ‘bright’ confectionery future
India’s confectionery market has a ‘bright future’ and will be bolstered by a growing gifting culture and increasing rural consumption, a report suggests.
State of the industry
Changing farm preferences causing Indian seeds to sprout
India’s seed industry is predicted to be worth Rs10,700 crore by 2015, according to a study by the Association of Chambers of Commerce and Industry (Assocham), corresponding to a 50%...
INDUSTRY VOICES: HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG
Carlsberg signals Chinese strategy shift and 'Top 3' ambition
For Chinese beer market followers, one of the most interesting developments over the last fortnight was Danish brewer Carlsberg’s announced strategy shift and expressed desire to acquire one of the...
Palsgaard backing Asian confidence with increased investment
The chief executive of Danish chocolate and extruded whipping cake emulsifiers major Palsgaard has outlined the reasons behind the company's recent significant investment in the Asia-Pacific region.
TETRA PAK VIDEO EXCLUSIVE
Tetra Pak researches processing methods to tap ‘explosive’ coconut water trend
Kit Lai, director of Tetra Pak’s Soya- and Coconut Knowledge Centers, discusses the global growth of coconut water and soya milks as categories, and the firm's latest formulation and processing...
News in brief
Record high for Vietnam rice exports
Vietnam is expected to export 7.7m tonnes of rice in 2012, setting a 20-year record high due to increased export orders in the last months in 2012, according to the...
Fake fears and shrinking bottles: Top 5 Chinese wine trends for 2013
Wine Intelligence analysts provide the lowdown on the five key developments the research group expects to see within the world’s fastest growing wine market China in 2013.
Sunwin Stevia pours cash into production
Sunwin Stevia International has invested heavily in production capacity to support declared growth plans in China.
New horizons
Foreign firms must take strategic look at entering China
The key to winning over Chinese consumers is mastering distribution strategies, according to a new report by Rabobank, which also suggests that the country should be on the radar of...
News in brief
Rexam boosts Indian beverage can output to 950m
Rexam has opened a new aluminium line in India costing circa. 30m that increases the plants capacity to around 950m cans per year, and said the investment fitted its strategy...
Sunwin to broaden stevia presence through Chinese private label bakery
Sunwin Stevia International hopes to penetrate the Chinese bakery sector further by targeting the private label segment with a range of stevia formulations.
Nestlé eyes herbal sector with Hong Kong JV; 2013 clinical trials planned
Nestlé has amplified its nutrition presence by forming a joint venture to develop Traditional Chinese Medicines (TCM). Orally consumed gastro products will be first off the rank based on an...
PepsiCo needs emerging market focus to repair margins: US investment firm
A US-based investment firm insists that PepsiCo needs to focus on its most profitable brands and emerging markets such as China to bolster margins and regain ground on Coke.
INDUSTRY VOICES: HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG
Tsingtao scales up beer operations in China’s bustling Henan province
In this guest article, Jacob de Lichtenberg, head of Aktiefokus China, gives BeverageDaily.com readers the lowdown on Tsingtao Brewery’s plans to build a brewery in Henan province, where beer production is booming....
Foster’s Group was ‘undermanaged’ for number of years – SAB Miller CFO
SAB Miller CFO Jamie Wilson admits that the firm has suffered volume declines with Foster’s Group in Australia and is not regaining share, but claims that the takeover was never...
State of the industry
Organic growth through well-laid plans in Karnataka
Earlier this month a small story made its way into the Times of India—the country’s biggest-selling newspaper—to announce the opening of a shop that sells only organic products. For the...
Groceries will thrive even with FDI
According to a new study in India, 800,000 people are employed directly by organised retail in India, and even without FDI, this number would grow to 2m by 2016—and double...
Fonterra welcomes competition-aiding Raw Milk Regulations amendments
Fonterra has welcomed a series of amendments to the New Zealand Raw Milk Regulations that will support domestic dairy product competition and ensure an “entrance pathway” into the farm gate milk market....
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