The Indian joint venture between Yakult and Danone established in 2005 to bring Yakult probiotic drinks to the Indian market is expanding with Bangalore targeted as the point of entry for southern markets.
Asahi Breweries has agreed to acquire P&N Beverages, the third largest soft drinks company in Australia in its latest move towards the goal of joining the ranks of the biggest global food companies.
Westernised eating habits and the desire for convenient foods to fit into busy working lives are driving demand for food and beverage enzymes in South Asia, according to the president of Novozymes Asia.
Direct foreign investment in the Indian food processing industry rocketed 175 per cent during 2009-10 to reach $279.33m and now plays an important role in developing the sector, according to the national government.
Next week’s Nutracon Asia conference in Hong Kong will include a special one-day workshop on the regulatory state of play for dietary supplements and functional foods in Asia Pacific, giving case studies and showing areas of opportunity.
Nestlé chocolate products recorded double-digit growth in emerging markets, driven partly by the performance of the lowest priced products in its portfolio, said the group as it posted gains of 7.5 per cent in net profit for the first six months of the...
Fonterra has insisted that the New Zealand-based dairy is 100 per cent confident in its products as one of its Chinese customers faces an investigation into tainted milk claims.
The Indian Ministry of Health has approved the use of Beneo’s low GI Isomalt sweetener in a raft of new food categories, including Indian sweets and more Western-style foods.
Danone has agreed to sell its stake in China Huiyuan Juice Group for significantly less than what Coca-Cola offered before its acquisition bid was blocked last year by Chinese competition authorities.
Food authorities in Hong Kong have raised the alarm that up to 48,000 cans of pork luncheon meat contaminated with liquid mercury could be on the market in the territory.
Second quarter income for US chocolate maker, Hershey, fell 35 per cent due to factors such as charges related to its supply chain efficiency programme and the joint venture in India but Asia remains a focal area, said the company.
Vietnamese soft drinks consumption has held up in the face of the global recession with growth levels higher even than neighbouring China, according to new market research.
Increasing obesity in children in China will stimulate demand for healthier bakery and cereal products, claims Datamonitor in a new report that shows that China ranks fourth in new bakery product launches in the global market in 2009.
China, India and the US must make firm commitments to sourcing sustainable palm oil if any meaningful progress is to be made on tackling deforestation, according to one UK government minister.
Stevia supplier GLG Life Tech has signed a five-year deal with Sugar Australia for distribution and marketing of its stevia-derived sweeteners for the Australian and New Zealand food and beverage markets.
More melamine tainted dairy materials have been seized by Chinese food safety authorities, raising suspicions that it may be from the same batch that should have been destroyed following the 2008 scandal.
Heinz Australia said it plans to phase out use of bisphenol A (BPA) in all its baby food packaging in response to mounting consumer fears over the substance.
Seasonings and flavorings firm McCormick has signed an agreement to purchase a 26 percent share in Eastern Condiments Private Limited, an India-based spice and seasoning business, the company has said.
Around US$30bn worth of investment is needed to “revolutionise” India’s food processing sector to boost the volume of processed products to 10 per cent of overall output by 2015, according to a new report.
International pressure to eliminate bisphenol A from food contact materials intensified yesterday after the Australian Government unveiled a deal with major retailers to begin the immediate phasing out of baby bottles containing bisphenol A (BPA).
More money for dairy producers, paid earlier in the season to ease cash flow problems are the aims behind a new incentive payment from Fonterra Australia.
Chocolate that suppresses appetite and delivers oral health benefits has been highlighted in a new survey of confectionery product launches in the Asia-Pacific region conducted by Datamonitor’s Product Launch Analytics.
The New Zealand Food Safety Authority (NZFSA) is advising parents that energy drinks and energy shots are not suitable for consumption by children and young teenagers due to caffeine levels.
The Associated Chambers of Commerce and Industry in India (ASSOCHAM) has proposed a four-pronged strategy to help businesses implement demanding food standards legislation.
Dietary supplement and functional food ingredients company, BI Nutraceuticals is adding a fifth mill at it’s Suzhou manufacturing capacity to boost output by 35 percent in response to customer demand.
Vitafoods event director Chris Lee explains the massive opportunity that awaits Vitafoods Asia exhibitors in Hong Kong in 2011, and hints at further new locations in the future.
PepsiCo plans to invest $2.5bn over the next three years in China as the company turns towards the less developed central and western areas of the country for growth opportunities.
The organisers of the Vitafoods trade show, which opened its doors in Geneva this morning, have announced that the first ever Vitafoods Asia show, to take place in Hong Kong in September 2010.
Stevia supplier GLG Life Tech has announced that it is looking to develop agricultural and extraction facilities for stevia in India, as well as market its stevia extracts in the nation.
Lonza has confirmed that its planned vitamin B3 production expansion will occur in China, where the firm expects a double digit surge in demand for the ingredient in coming years.
Food Standards Australia and New Zealand (FSANZ) has backed a generic definition for phytosterols, phytostanols and their esters to replace the formulation-specific approvals that exist at the moment.
Products such as confectionery, biscuits and juice products are experiencing double-digit growth in China with this consumer demand fuelling an increase in the country’s sugar imports, according to a USDA report.
An initial assessment from the European Food Safety Authority (EFSA) said current levels of the pesticide chlormequat on table grapes from India pose no threat to consumer health.
Political decisions encouraging biofuel production from palm oil is causing deforestation in Indonesia and not the low tonnage sourced by Kit Kat maker Nestlé, according to the chairman of the Swiss based food company.
Pulverised lime is being added to bleaching agents used in Chinese flour in a bid to cut production costs and boost profits, China state media has reported this week.
The ongoing rethinking of the rules governing herbal products in Australia has highlighted more than 30 herbs for safety review, according to the Therapeutic Goods Administration (TGA).
DSM’s lipase enzyme from GM Aspergillus niger is set to be approved by Food Standards Australia and New Zealand, opening up opportunities for bakers to use it as a processing aid.
Mooted revisions to regulations governing drugs and supplements in Australia may see weight management products ruled by food regulations, where previously they may have been governed by drug law, TGA discussions have revealed.
Cargill’s bid to buy Goodman Fielder’s edible fats and oils business looks to be scuppered by the Australian competition authorities, who say it would be an unacceptable concentration of refining assets in the country.
Plans are afoot to merge the New Zealand Food Safety Authority back into the Minister of Agriculture and Forestry, 3 years after the risk assessor and risk manager were split out.