China had imported considerably more food and beverage products last year, according to its General Administration of Customs (GACC), indicating growing demand for overseas brands.
Ulrick and Short, a UK-based clean label ingredients supplier, is in talks with distributors and food manufacturers in the Middle East to enter the market amid growing consumer demand for healthier products.
The plunging Turkish lira has caused both producer and consumer prices to soar, but global food firms operating in the country are insisting it is "business as usual".
Thailand pork and poultry business Charoen Pokphand Foods PCL (CPF) has benefited from overseas market growth, which contributed to an 8% rise in the company’s overall sales in the second quarter.
Philippine conglomerate San Miguel revealed that it is preparing to sell a 20% stake in its food and beverage business unit, valued at around $1.7bn, on the same day it posted promising half-year figures.
Food and beverage manufacturers in South East Asia are increasingly demanding higher levels of synchronisation between robotics and automation to ramp up productivity.
Japanese sauce maker Kenko Mayo has launched a blue-coloured salad dressing that contains spirulina extracts and collagen, in an attempt to meet consumer demands for “instagrammable” and healthier food.
Singapore consumers’ insatiable demand for all things Japanese has been acknowledged by convenience retailer 7-eleven Singapore, which is launching 13 premium snacks from the country.
Leeds-based brewer North Brewing Co has secured £96,000 worth of orders from China, following a successful trade mission at one of the country’s biggest trade shows.
Japanese firm Otsuka Pharmaceutical Co.’s Oronamin C beverage has entered the South East Asian market for the first time, with its recent launch in Indonesia seeking to capitalise on the country’s rising demand for nutritional products.
