India sustainability is ‘integral’: PepsiCo pours US$5mn into local agriculture programme to make ‘global impact’
PepsiCo is investing US$5mn into the sustainable farming programme in India headed by its global sustainable agriculture team over the next three years.
“As part of PepsiCo’s ‘Performance with Purpose Vision’, sourcing our agricultural ingredients sustainably is important for the growth of our business, food safety and to support crop resilience for continued and localised supply,” said Christine Daugherty, PepsiCo Global Vice-President, Sustainable Agriculture to HinduBusinessLine.
“India clearly is an integral part of our sustainable sourcing agenda."
“As part of our continued commitment, we plan to invest US$5mn (INR364mn) by 2020, for expanding the Sustainable Farming Programme (SFP) in India.”
Nestle China incubator reveals new products to meet health and wellness needs
The new Nestle China Incubator team has revealed a series of new products from soups to snacks, which are specifically designed to suit the tastes of local consumers.
The new products are ready-to-drink soups and drinks brand Xingshan, healthy snack box Green Bite and high-protein water Muscle Hunt.
Nestle China’s Incubator team was launched earlier this year, with the specific aim of expanding its local business as well as ‘filling gaps and responding quickly to China’s market needs in NPD’, said Nestle China Head of Innovation and Renovation, Justin Wang.
‘New products almost every day’: Nissin taps NPD and premium branding to hit triple growth target
Cup noodle giant Nissin aims to expand its business in Asia (excluding China) by over three times to US$ 213mn (JPY 24.1bn) in FY 2021 by focusing on a variety of areas including product development and premium branding.
Nissin spokesman Daisuke Okabayashi, Manager, Corporate Communications, Nissin Foods Holdings told FoodNavigator-Asia: “[To do this], we are accelerating sales of our leading brand, CUP NOODLES, in each subsidiary in Asian countries.”
“The target audience of our CUP NOODLES in overseas is the young people with a certain standard of living. We are approaching to that target market by developing new design and flavors, and by conducting effecting promotions for them, such as web marketing and SNS.”
“Nissin launches new products almost every day. In fact, Nissin Japan launched more than 350 new products only in the Japanese market last year,” he added.
More costly bread in Malaysia: Gardenia raises prices of several products due to ‘increasing costs’
Malaysia’s Gardenia Bakeries (KL) Sdn Bhd has confirmed the raise of the prices of several of its best-known products, sparking consumer uproar.
“The prices [of the affected Gardenia products] will be going up as of November 1,” a Gardenia spokeswoman said.
Amongst the products affected are some of its spreads (rising from between RM0.15/US$0.04 to RM0.50/US$0.12) and flavoured loaves (rising by RM 0.15/US$ 0.04).
All four flavours of its popular traditional cream rolls (vanilla, corn, butterscotch, chocolate) will see a RM0.05/US$0.012 increase to RM0.85/US$0.20.
Unilever implements jurisdictional palm oil approach in Malaysia and Indonesia
Unilever is working with local governments to implement a jurisdictional, district-wide approach to sustainable palm oil for four areas in Malaysia and Indonesia.
The four areas are: Aceh-North Sumatera, Central Kalimantan and Riau in Indonesia, as well as Sabah in Malaysia.
If successful, this would mean that all palm oil sourced from within the selected areas/districts would be certified sustainable by the Roundtable on Sustainable Palm Oil (RSPO) and local sustainability standards.