Australia’s complementary medicines sector continues to surge, with the sector officially valued at AUD$5.6bn last year (US$3.9bn), up from AUD$5.2bn (US$3.5bn) in 2018, while exports grew by another 15% to AUD$1.1bn (US$766m).
China online commerce giant Alibaba has predicted that the retail sector in China will see a boom in digitisation as well as a rise in healthy food options moving forth as a result of the COVID-19 pandemic outbreak.
There are three weeks left to submit entries for the 2020 NutraIngredients-Asia Awards and stand a chance to be crowned among the region's brightest and best, and take your place on the roll of honour alongside our victorious companies from 2019.
Australia’s alcohol beverage producers have reported ‘dramatic volume declines’ due to the coronavirus pandemic, according to Alcohol Beverages Australia. April was the worst month on record for sales of beer, wine and spirits.
Fruit, dairy and meat have emerged as ‘saviour commodities’ for New Zealand trade amid the COVID-19 pandemic outbreak, with these food exports showing significant growth despite just about all other sectors experiencing falls.