Demand for convenience and ready-to-eat food in India will explode over the next five years as a major shift in food-purchasing habits by the growing numbers of middle-class city dwellers takes hold, according to new research.
Rabobank has changed its view on the likely role of China and India in global dairy markets. It has abandoned the view that the countries will reach self-sufficiency soon and now predicts that they will call on the world market more frequently in the...
The Chinese milk industry is still struggling to recover from the effect of the melamine crisis that rocked the industry in September 2008, says the latest report from USDA’s Global Agricultural Information Network (GAIN).
Recovery in the chocolate market is underway in the US, Brazil and China but Western Europe has been slow to rebound and Eastern Europe still shows negative growth rates, said Barry Callebaut as it released robust full year results for 2010.
The Indian confectionery market witnessed the launch of over 200 products in various categories last year, thus ranked, according to Datamonitor, in the top 20 in terms of global new product launches in 2009.
Revelations that Chinese authorities waited five months before informing the public that 42 tons of carcinogen-contaminated food oil had been released onto the market are likely to inflict further damage on the country’s already tarnished food safety...
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.