Harrison Hart, son of New Zealand billionaire Graeme Hart, is putting together a ‘food manufacturing powerhouse’ with the acquisitions of cereal manufacturer Hubbard Foods, Hansell Food Group and the Gregg’s sauce unit.
Far from following in the footsteps of Europe and the US, the Asia-Pacific region has the potential to be the global leader for food reformulation, in order to create healthier projects for its growing, and rapidly ageing, populations.
Seniors in APAC have redefined ageing, and industry must adapt to this change or risk alienating its largest and most affluent group of consumers, according to DuPont's ASEAN marketing leader, Michelle Lee.
China's cross-border e-commerce or haitao purchases are set to reach US$125bn, but it appears food and nutrition firms need to develop more comprehensive strategies in order to overcome inherent market challenges.
A just-published Greenpeace investigation alleges that New Zealand dairy giant Fonterra Cooperative Group’s key supplier of palm kernel extract (PKE) has links to a huge expanse of deforestation in Indonesia.