Business

India's snacks market is the lucrative target for Hong Kong food firm

Hong Kong food firm enters India

By Ankush Chibber

Hong Kong-based food major Kiu Fung Hon will launch its snack and confectionery products in India in a bid to cash in on the country’s growing sector.

Goodman Fielder hopes to stabilise costs with consolidation across its bakery sector

Australia’s Goodman Fielder tightens bakery noose

By Kacey Culliney

Australian food firm Goodman Fielder is fusing its bakery business with three site closures as part of a strategic reorganisation of its business to reduce costs and improve efficiency amid struggling sales.

Australian food industry urges consumers to reject container tax

AFGC urges consumers to reject container tax

Australia’s food industry body has launched a nationwide public education campaign to highlight the significant cost impacts that a national drink container deposit scheme (CDS) will have on consumers.

Fonterra boosts dairy powder power with takeover swoop

Fonterra boosts dairy powder power with takeover swoop

By Ben Bouckley

Fonterra has signed a conditional agreement to acquire the milk processing assets of South Canterbury-based New Zealand Dairies (NZDL), and said the dairy site would boost its export capacity, where it is processing around 150m litres of milk per year...

China Pavilion Vitafoods Europe 2012

Dispatches from Vitafoods Europe 2012

China face-to-face with Europe’s lucrative nutrition market

By Kacey Culliney from Geneva

Vitafoods Europe 2012 is a good place to come face to face with business in Europe’s lucrative health and nutrition market, according to Chinese firms exhibiting in the China Pavilion.

Future Group inks deal with agri-processor

Future Group inks deal with agri-processor

By Ankush Chibber

Food major Future Group has announced that it has inked a deal with rice processor LT Foods that includes the setting up of the latter’s new facility at the group’s new food park.

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