Second quarter income for US chocolate maker, Hershey, fell 35 per cent due to factors such as charges related to its supply chain efficiency programme and the joint venture in India but Asia remains a focal area, said the company.
Chocolate that suppresses appetite and delivers oral health benefits has been highlighted in a new survey of confectionery product launches in the Asia-Pacific region conducted by Datamonitor’s Product Launch Analytics.
Australia's almond production is expected to rise by 25 per cent in 2010 - up from 36,500 tonnes this year to 46,100 tonnes, announced the Almond Board of Australia (ABA) during its annual trade visit to India.
A new partnership with chemical group Solvay will enable the distribution of a low dosage prebiotic food ingredient with multiple food and drink applications within Europe, the Middle East and Africa, claims Tate & Lyle.
The importance of the Codex Alimentaria in developing regulatory harmony in a region like Asia where rules differ so greatly, has been emphasised at a recent event hosted by the Asian arm of Belgian consultancy, EAS.
While analyst suggests Asian food and drink companies are behind their Western counterparts in driving product innovation, manufacturers in the region may still be able to lead in way in meeting western demand for certain functional goods.