Markets

Online shopping made smarter

Online shopping made smarter

By Kacey Culliney

Online shopping company yihaodian.com has launched a collection of virtual supermarkets for mobile users throughout Shanghai’s metro system, with researchers claiming the development could offer NPD potential for food and drink brand owners.

Indian food losses open doors for cold chain consultancies

Indian food losses open doors for cold chain consultancies

By Ankush Chibber

A lack of an appropriate cold chain infrastructure and increasing food losses in India has opened the doors for Ingersoll Rand India Ltd to begin offering cold chain consultancy services in the country, the company said last week.

Nestle's take two on probiotic curd market in India

Nestle's take two on probiotic curd market in India

By Ankush Chibber

In an attempt to rebrand its pitch to Indian customers who are yet to transition towards healthier food products, Nestle India Ltd has phased out its existing probiotic dahi (curd) product in India for a new brand.

Aussie food industry in doldrums, says top consultant

Aussie food industry in doldrums, says top consultant

By Ankush Chibber

A top food industry consultant in Australia has sounded an alarm on the declining competitiveness of the Australian food processing sector, citing the strong Australian dollar and supermarkets as the main reasons.

Australian dairy export future may not be so rosy: Analyst

Australian dairy export future may not be so rosy: Analyst

By Ankush Chibber

A new report raises serious doubts about the future prospects of Australia’s dairy exports, citing various reasons why the country's production levels will not be able to keep pace with demand for dairy.

Omega-3 market set to boom on demand from food sector

Omega-3 market set to boom on demand from food sector

By Ankush Chibber

Demand from the food industry will see the market for Omega-3 ingredients rise substantially over the next few years, a report from the market research and consulting firm MarketsandMarkets said.

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