In the biggest single investment announced in the Danish-headquartered dairy cooperative’s history, Arla Foods says it will invest more than half a billion euros ($656m) in 2018 to deliver on its 2020 growth ambition.
Singaporeans are consuming an increasing amount of vitamins and supplements, with overall expenditure reaching US$374.4m (S$490m) last year — up US$5.5m from 2016— according to market research firm Euromonitor.
Auckland-based meat substitute producer Sunfed Meats, which has consistently sold out its Chicken Free Chicken in New Zealand, is in the midst of a series A capital raise to significantly expand production to meet growing local and overseas demand, and...
This year’s Gulfood show takes place against the backdrop of rising regional investment in food production, with international manufacturers increasingly seeing the Middle East as a lucrative market for their goods.
Efforts by Chinese poultry firms to get export market share were given a boost by the news that a major poultry-producing region in eastern China has upped its exports by over 13% year on year in 2017.