If the Chinese government gives in to mounting international
pressure to revalue its currency, it could spell the end of cheap
exports, a move that many anticipate would have a knock-on effect
on raw materials costs for the food industry....
Environmental campaign group Greenpeace is warning that the food
supply in the Philippines could be at risk from illegal GM rice
contamination originating in the US and China, with potentially
damaging costs to manufacturers in extraction.
Several provinces in western and northern China are facing food
shortages due to a prolonged drought that has left hundreds of
reservoirs dry and tens of thousands of wells either dry or nearly
empty, reported the UN's Food and...
The proportion of value-added food and beverage products exported
from New Zealand has continued to rise steadily against commodity
products, with the value-added sector enjoying growth of nearly 10
per cent in the past five years.
Consumption of vitamins and minerals in China is growing, thanks to
immense economic growth and the emergence of a new consumer
culture. There may be opportunities for foreign companies to export
to the country to make up for a shortfall...
India's dairy industry is priming the country's research centres
with funds in a bid to mechanise the region's indigenous foods
sector ahead of moves to apply international food safety standards,
Hridyesh Pandey reports.
South Korea's Lotte Confectionery Company, the country's largest
snack food manufacturer, has acquired a 100 per cent stake in a
Chinese confectioner - a move which will not only bolster its
influence among China's...
Enzymotec, the Israeli company which develops lipid-based
ingredients for the nutraceuticals and functional foods markets, is
hoping to take advantage of a perceived demand for healthy cooking
oils in the Asia Pacific region.
Indonesia's largest noodle producer Indofood Sukses Makmur has
joined forces with the world's biggest food company Nestlé to
create a new joint venture which will expand production and
marketing of the two firms' various...
A significant drive from Asian rice producers has helped boost
global paddy production in 2004 to an estimated record 611 million
tonnes. But the Food and Agriculture Organisation says that supply
is still not meeting needs, writes...
Although new EU regulations could bring increasing opportunities
for Asian food companies, many European businesses see it as a
threat. But whilst Hungarian food canning companies say their
future existence could be threatened, manufacturers...
A rise in global stocks of wheat after a 30-year low will offer
continued relief to the tighter prices experienced by the food
industry in previous years, but the food chain still needs to stay
on the alert.
Vietnam plans to earn at least $2 billion in revenue from agro-food
exports to the European Union by 2010. The pledge comes in the face
of tough trade, health and safety regulations imposed by the EU
authorities, which should make...
With coffee sales in China growing by 90 per cent in the five years
up to 2003, international companies are queuing up to carve up
their slice of a market. Although tea is still the mainstay, the
rapid switch to all things western...
In Asia rising meat consumption is being fed by an increasing
number of highly refined and processed product launches. A look at
the Mintel's databases reveals that pâte, meat balls, cheese-filled
hotdogs are all on the menu.
Although Asian consumers have traditionally sought out their
vegetables in 'wet' markets, a lack of time and increasing income
levels is leading to a boom in the packaged vegetables sector, as
the latest releases from Mintel...
Thailand's tropical climate is said to have fuelled the country's
thirst for soft drinks, with consumption growing steadily in recent
years. The latest report from Canadean points to the fact that rapid
consumption of bottled...
Farming in China needs serious investment if domestic food
production is to keep up with rising food consumption. But with a
growing emphasis on food quality and safety, future investment in
the sector looks seems an inevitable route...
The latest Euromonitor report on the global soft drinks market
suggests that it is Asia that is the driving force behind market
growth. With this in mind we take a look at the latest soft drinks
launches in the region from the Mintel...
Nutrition House, part of the consumer goods group Pan Group, has
expanded its frozen ready-to-eat meals line with the launch of a
line of vegetarian meals, claimed to be the first product of its
type on the market in Thailand. The...
The Thai department of agriculture says its is rapidly moving
towards the development of its tropical fruit production in the
country in an effort to gain a leading edge in an increasingly
liberalised pan-Asia Pacific market.
The establishment of large scale battery farms has pushed egg
production in China to 40 per cent of the world total. In turn
increased interest in egg-based foods, such as dairy products,
pre-packaged foods and bakery have all boosted...