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Headlines > September 2017

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Chinese spirits market set to reach $450bn by 2021

The Chinese spirits market is predicted to grow at a CAGR of 15% over 2016-2021, reaching more than $450bn, according to GlobalData. 

FI Asia 2017

DuPont: Ageing Asia creating vast potential but infant formula 'challenging for manufacturers'

DuPont is targeting innovation at both ends of the age spectrum as it seeks to meet the vast needs of Asia's ageing societies, while also helping infant formula firms overcome...

This week Down Under

Aussie firms must take crisis planning more seriously

Insurance coverage across the food industry is inadequate, leaving many manufacturers exposed in the event of a crisis.

Australia

PM dashes renewed calls for sugar tax

Australian consumers already pay enough taxes at the supermarket and should not be forced to pay an extra 20% for sweetened drinks, the prime minister has said.

Dateline Southeast Asia

Halal recognition opens door for UAE food exports to Malaysia

Food exports between the UAE and Malaysia are set to increase after authorities in the Southeast Asian nation agreed to recognise the UAE's national certification and halal mark. 

China invests heavily in Dubai food hub

Dubai Food Park will feature a Chinese food processing cluster following a pledge to invest AED1.35bn (US$367m) by Ningxia Forward Fund Management Company.

Qatar food inflation recovers despite Saudi-led sanctions

Qatar's government might have succeeded in reducing the impact of economic sanctions placed on it by other Arab countries after official figures reported that food price inflation had eased during...

Savola aims to claw back revenues through Almarai share sale

Savola Group will sell 2% of its stake in the Gulf's biggest dairy company in a bid to shore up its dwindling returns. 

Halal recognition opens door for UAE food exports to Malaysia

Food exports between the UAE and Malaysia are set to increase after authorities in the Southeast Asian nation agreed to recognise the UAE's national certification and halal mark. 

IFF opens refitted Cairo flavours facility

A Cairo flavours facility has come back online a year after International Flavours and Fragrances shuttered it for renovation and expansion work to be carried out. 

Halal economy predicted to reach $6.4tr in 2018

The global halal economy is estimated to grow to US$6.4tr by 2018, according to a new report that predicts US$50bn worth of products will be imported by GCC states alone....

Singapore’s war on diabetes: $5 screening test latest weapon in the armoury

After calling on soft drink firms to slash sugar content, and encouraging the development of more functional ingredients, the latest addition to Singapore’s so-called 'war on diabetes' is S$5 screening...

Tokyo Olympics spurring dairy protein demand in Japan as wider region anticipates double-digit growth

The 2020 Olympics, 2019 Rugby World Cup, and the ageing population are contributing to ‘huge demand’ for protein products across Japan's sports nutrition and functional food space.

Kiwis disregarding the impact of diet choices on cholesterol

People in New Zealand need to be more aware of how increasing polyunsaturated fats, dietary fibre, and plant sterols in their diets can help cut cholesterol.

Vitafoods Asia 2017

WATCH – Chr. Hansen: 2017 ‘one of our best ever years’ for probiotics in APAC

Chr. Hansen says it has experienced one of its best ever years for APAC probiotics sales, driven by demand from infant nutrition firms and deeper consumer understanding across the region.

Minister paints rosy picture of India’s food processing future

In a thinly veiled dig at the previous government, India’s top food processing official said the Modi administration is on track to fulfil its pledge to open 42 mega food...

South Asia radius

India gets agri-business and food-tech startup accelerator

Billionaire serial investor Taizo Son will bring an early-stage food incubator to India, where it will back startups that focus on farm-to-fork processes—a segment he believes the country has yet...

Bangladeshi RCT to assess effectiveness of preventive nutrition combinations on childhood stunting

The International Centre for Diarrhoea Disease Research in Bangladesh (ICDDR,B) has begun a community-based RCT to determine the effectiveness of nutrition intervention strategies on childhood stunting.

News in brief

Cargill buys unused feedmill in central Thailand

An unused feed mill in Thailand’s Prachinburi province has been acquired by Cargill to produce poultry and swine feed.

Philippines

Industry leaders on edge after Duterte vows to abolish sugar promoter

Industry heads are resigned to the fate of their segment’s official promoter, which the Philippines president recently vowed to close in a bid to streamline government and curb corruption.

China direct

‘Poultry for beef’ deal completes after China given US ‘equivalence’

China’s poultry inspection protocols have been judged “equivalent” to those used by the US Department of Agriculture, paving the way for the world’s second biggest producer to gain access to...

Australia

Scientists develop cooking oil to combat mercury pollution

Waste cooking oil from cafes and fast food outlets is being used to capture mercury pollution from Australian mine sites and industrial plants.

Sunshine or supplements? Cholesterol concerns must be considered with vitamin D, says expert

Clinicians must consider the impact vitamin D supplements may have on cholesterol levels in some consumers, warns an epidemiology expert. 

WATCH: Can saffron star in Japan? Supplement firm’s CEO on his personal mission to promote cognitive health benefits

Japanese consumers have little knowledge of saffron - either as a food ingredient or a supplement - let alone its potential cognitive health benefits. But one man is on a...

Dateline Southeast Asia

Bunge trains sights on SE Asia growth through Loder acquisition

Bunge has acquired a majority stake in Malaysian palm planter IOI Corporation’s Loder Croklaan subsidiary, through which it hopes to gain a bigger footprint in Southeast Asia.

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