Asia Pacific Breweries posted a 7.3 per cent rise in organic growth
through its first quarter results, as it increases its presence in
the region to meet growing demand for its products.
Unilever, the world's second largest food company, is to increase
its focus on its Chinese operations to allow the country to meet
its potential as a market leader in the Asia Pacific food industry.
China has consolidated its position as one of the world's leading
tea producers as export demand continues to drive growth in the
sector, according to figures by China's chamber of commerce for the
import and export of foodstuffs...
China is one of five nations worldwide set to drive massive growth
of in the carbonated drinks market by 2011, according to a new
report by consumer analyst Euromonitor.
Honk Kong based funds management firm, Value Partners, could be set
to invest in the growing Chinese monosodium glutamate (MSG) and
fermentation market, according to local news reports.
China, South America and Europe combined to offset disappointing
performances in North America and South Africa during brewer
SABMiller's third quarter.
The Indonesian government is currently reviewing its laws on
artificial sweeteners and will consider banning them from food if
expert evidence suggests they present health risks, according to a
report.
Globalisation is creating a challenging environment for Australia's
food industry but has also opened up new markets with strong
potential, finds a new report.
Two Singaporean firms, Tee Yih Jia Food and Super Coffeemix, are
working with Chinese firm Jiangsu Hengshun Sauce and Food on
building the world's largest vinegar factory in Zhenjiang city,
Jiangsu province.
Vietnam's first industrial park catering solely to food processors
is set to boost the country's position in value-added products for
export markets, says the project's founder.
Asian Citrus, China's largest orange plantation owner, is readying
to launch high-value, freshly squeezed orange juice for wealthier
Chinese consumers happy to spend more on convenient food products.
VV Group, China's leading soymilk producer, has bought a stake in
an alcohol maker as it looks for more profitable business to
counter falling soymilk sales.
Asia's biggest dairy, Japan's Meiji, has started shipping
pasteurized milk directly to Shanghai from Japan, the first time a
foreign dairy has supplied fresh milk to the rapidly growing
market.
Chocolate giant Cadbury will spend NZ$20 million (€10.3m) to expand
production of chocolate crumb in New Zealand, allowing it to meet
forecast growth in demand from the Asia-Pacific region, it
announced yesterday.
Three Malaysian oil plantation firms are to merge to create the
world's largest listed palm oil producer, accounting for 6 per cent
of global production, revealed adviser CIMB Investment Bank
yesterday.
More duck eggs containing the carcinogenic dye Sudan Red have been
found in China, food officials said yesterday, expanding the recall
outside of Beijing to the country's east coast.
Cholesterol-lowering margarines are set to be joined by
cholesterol-lowering milks, yoghurts and cereals as Australia and
New Zealand's food authority finally approves the new categories.
China's increasingly savvy chocolate consumers will be better
equipped to choose higher quality chocolate if new regulations
entering into force next month are properly enforced.
Food miles, the trendy catchphrase alluding to pollution caused by
food exports, is 'a red herring' that detracts from serious
environmental issues to be faced by food producers, says Fonterra's
trade strategy manager,...
Australia's government will work with industry to reduce trans
fatty acids in Australian food, it announced this week, despite
figures that suggest intake of the fats among the population is
within safe limits.
Poultry processors in Australia are expected to implement
'significant price increases' for chicken meat, as drought leads to
surging grain prices, a major production cost for the country's
chicken farmers.
Coffee culture is thriving in Hong Kong with close to one third of
residents now purchasing ready-to-drink coffee outside of the home,
according to a new survey.
China will remove the import duty on Indonesian cocoa from 1
January next year, a move likely to increase demand for the beans
from the world's third biggest producer.
Asia's elite are drinking more wine, champagne and imported beer as
their growing spending power makes them increasingly important for
the luxury goods industry.
Belgian lactic acid producer Galactic will double capacity at its
joint venture plant in China to meet rising demand for the additive
in food production.
The rapid growth of China's fast food industry is boosting demand
for frozen French fries and other processed potato products,
helping to offset a downward trend in more mature markets due to
consumer health concerns, reveals...
Beverages with a healthy twist are booming within the Chinese
beverage market according to a report from global beverage research
specialists Canadean.
Food Standards Australia New Zealand (FSANZ) has unveiled its new
'Science Strategy' 2006 to maintain safety standards in the food
supply for food processors.
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....
Cocoa bean producer Pan Sino International has announced plans to
build Singapore's largest cocoa processing plant, increasing cocoa
bean supply for manufacturers.
Sterling Biotech has emerged as the world's second largest gelatine
producer after making its first international foray to acquire the
gelatine manufacturing facility of Chinese firm China Gelatin.
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.
Almost 300 people were hospitalized in Shanghai last week, after
suspected food poisoning by pork containing a banned animal feed
additive, the state media Xinhua reported on Friday.
China's biggest wine producer Changyu has set up an alliance with
Canadian ice wine maker Aolos to build what is expected to be the
largest ice wine estate in the world.
Australian dairies will drum up A$15 million in funding over the
next three years to support a new innovation centre that will be
tasked with finding ways to better compete with a challenging
marketplace.
South Korea has begun to recall tons of agricultural produce grown
on land near disused mines, after a survey found high levels of
lead and cadmium contamination.