After being put on the backburner in October last year, it appears that the joint venture between Nestlé and Coca-Cola for the ready-to-drink (RTD) tea segment in India has been put permanently on ice.
New Zealand’s food and beverage sector does have the growth potential to reach government targets of tripling exports over the next 15 years, with opportunities in processed foods and beverages, according to report.
China’s latest milk contamination scandal involving local player Mengniu will cause consumers to switch to other brands in the short-term, but not necessarily to Nestlé or Danone, says an analyst.
Swiss flavour and fragrance giant, Firmenich, will be able to better serve Southeast Asia’s market as it will be closer to clients and consumers with its new flavour production facility in Indonesia, according to the company.
French flavour manufacturer, Aromatech, has formed a joint venture with a large Chinese flavour and fragrance company in a bid to better access China’s domestic food and beverages sector.
Unregulated insecticide marketing in Asia is driving overuse and misuse by farmers leading to widespread pest infestations and damaging millions of tonnes of rice each year, according to industry experts.
Indonesia will more tightly supervise the sale of food products sold in and around schools in 2012, if a government agency-backed effort to reduce the impact of unhealthy snacks on the country's 50 million 6-18 year-olds is OK'd at senior level.
Following the aflatoxin M1 milk contamination of China’s largest dairy producer, Mengniu, the toxin has now been found in samples of cooking oils produced by three separate companies operating in China.
The aflatoxin-tainted milk scandal that has gripped Mengniu Dairy since the end of 2011 is damaging short term, but China’s biggest dairy is unlikely to suffer long term damage in its sales and share price, say analysts.
The Indian edible oil industry is banking on a slew of corrective measures in 2012 to revive its fortunes after the last year ended on a downhill thanks to changes in the Indonesian palm oil tax structure.
With an eye on the small but growing halal food market in China, Malaysia-based Fahim Technologies has expanded its halal integrity solution services to the country’s autonomous Muslim-populated province of Ningxia.
Asia holds growth promise amid a volatile global economy for multinational food companies, especially in the functional food sector, according to industry report.
The Chinese green snacks market will triple in value from 1.2 billion yuan (US$190 million) in 2010 to 3.6bn Chinese yuan (US$570 million) by 2014, according to research from the University of Science & Technology in Beijing.
China will have to wait another six months before it can export its milk products across the Himalayas after India extended the ban on these food items.
The Indian tea industry – the world’s biggest – Is set to almost double in just three years – leaping from US$3.7bn to US$6.3bn by 2015 as health benefit awareness rises, according to the Associated Chambers of Commerce and Industry of India (ASSOCHAM).
Fonterra will have 13,350 people working hard to keep the 24-hour, seven day a week business going to ensure New Zealand has fresh supplies of milk over the Christmas holiday period.
The Indian Ministry of Food is in discussions with state governments and associated ministries to remove controls over the country’s sugar industry in the new year.
In a move that could make the going tougher for food processors in their fight against a possible ban on the sale of junk foods in and near schools, a prominent Indian school has asked to be made party to a legal case on the issue.
Rising incomes among an increasingly aware ‘youth’ segment in India is what My Nutrition Supplements (MNS) is banking on for sales of its newly launched bars and ready-to-drink (RTD) beverages.
Coca-Cola India has set up a division to innovate, sell and distribute juices, energy and powder drinks in order to garner a higher share of the growing non-fizzy drinks market in India.
Australia’s National Health and Medical Research Council announced last week new draft guidelines that it hopes will encourage better nutrition for Australians.
The western state of Gujarat has passed one of the most stringent laws in India against illicit liquor, as the death toll from consumption of the toxic ‘hooch’ in the eastern state of West Bengal reaches 170.
Taiwanese marine specialist, Sea Party Technology, is adding to a MYR2bn investment ($600m), in Malaysia to breed fish and prawns for the halal community – with government backing.
Sichuan-based Hao Ji Group is investing 60bn Chinese yuan (US$9.45m) to boost noodle production at two main sites to a capacity of more than 700,000 tonnes of noodles with up to 12 varieties of Chinese grains.
India’s foreign direct investment (FDI) law for its retail sector was put on hold earlier this month following political opposition, but this will not impede internationals entering, according to an analyst.
China’s pork industry has taken its first steps towards meeting Western food safety regulations through the installation of a system to track pigs from farm to fork, technology giant IBM has claimed.
US farm management company, Stevia Corp, has signed an agreement with a Vietnamese research institute to strengthen knowledge of stevia cultivation and crop management to drive production in the country.
Danisco will expand production of its Live Culture Inoculant (LCI) cultures in China to meet the growing demand for fresh dairy products and dietary supplements in the country.
Following the discovery of radioactive substances in its baby milk formula, it has now emerged that Meiji Holdings Co. was contacted about possible contamination three weeks before it decided to recall the products.
Japan’s alcoholic beverage market is shrinking and sluggish according to a Datamonitor report, but analysts have noted opportunity in the growing alcohol-free sector due to consumer focus on drink driving laws.
Thai food companies report government aid helped them to cope with the recent flood crisis and that they are now in a better position to deal with similar incidents in the future.
India-based ADF Foods is investing heavily in extending production capacity as it looks to expand aggressively in the domestic as well as international markets on the back of growing demand for ready-to-eat foods.
Australian soup manufacturers will easily be able to mitigate the costs associated with the recently announced cuts in sodium levels in the country, says a food industry expert.
Nestlé India has been threatened of court action by Amul, India's largest dairy cooperative, over the Swiss food major infringing on the latter's trademarks in the country.
Australia will have front-of-the-pack labelling with easy to understand nutritional information on its food products within the next year, but it may not be the controversial traffic lights system.
Singapore-based ingredients technology company, Compass Foods, has announced the legal approval of its emulsifier for use in flavour applications in the Indonesian market.
China is not an emerging market; it is well and truly emerged and continues to change at a rapid pace that will go on disturbing the global food and beverage market for years to come, according to expert.
A leading consumer advocate in Australia says milk product manufacturers in the region are using harmful colouring additives, despite knowing about their effects on children.
The recent deluge of rain in Thailand will not hamper overall rice production in 2011 as farmers will be aided by the National Science and Technlology Development Agency (NSTDA) to increase rice production with better quality seeds.
Australia and New Zealand stand on the verge of legalising hemp as a food source after the head of the countries’ bilateral food agency backed its entry into the food chain.
Coca Cola China has declared its products safe following one death and three other serious incidences of poisoning connected to the consumption of its strawberry flavoured Minute Maid milk drink.
