NutraIngredients and our brand new sister site, FoodNavigator-Asia.com, recently attended the first Vitafoods Asia trade show in Hong Kong, where we found 100s of thriving healthy foods, food supplements and ingredients companies eyeing and displaying...
Improved performance within Fonterra’s ingredients businesses worldwide has seen the firm announce a record turnover of NZ $19.9bn (€11.6bn) in 2010/11.
Sales of energy drinks are booming, but a new report from Rexam also highlights growing concerns about high caffeine soft drink use amongst young people, especially in the developing world.
Malaysia has introduced new regulation to govern the export of edible bird's nests from the country to China, where incidents of contamination were reported last month by quality regulators.
Nestlé is investing a total of $320m in expansion projects in Indonesia and Thailand in an effort to target health conscious consumers in Asia, the company said.
Campaigns against vitamin D deficiency have gained prominence in the western world but the dietary issue is just as relevant in Asia, according to supplier DSM, even if sunlight hours are greater than most regions.
As Vitafoods Asia closes its doors on a successful three-day debut edition in Hong Kong today, event director Chris Lee shares impressions of the show with Shane Starling, and ponders refinements to the event in 2012.
Alliance Tuna International Inc. has entered into a joint venture with New Zealand’s Prime Foods Ltd and has a new subsidiary in General Santos City to import and process salmon.
Spanish supplier Genosa brought its olive extracts to Vitafoods Asia in Hong Kong this week where it found a recent EFSA-approved health claim resonated well beyond European shores.
Industry should be looking to plants used in traditional Chinese medicine for the next wave of functional ingredients, according to Professor Monique Simmonds of Kew Gardens.
Indonesian consumers are driven to spend more on food and beverages during Ramadan, bringing opportunities for manufacturers, according to a new Nielsen study.
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.
Like China, other Asian countries need a long-term regulatory mechanism to form a coordinated supervisory system if they are to enforce higher food safety levels, according to a white paper released last week.
The Philippines wants to be self-sufficient in rice and corn by 2013 and the 5.5% agricultural growth in the first half of 2011 could mark a positive start, according to the country’s agricultural secretary.
Norway’s Hofseth Biocare has appointed TSI Health Sciences as its exclusive distributor in North America and Asia-Pacific for the human nutrition market.
FoodNavigator-Asia spoke to suppliers at the recent Vitafoods show in Geneva about launching new foods and supplements on the Asian market. What are the main challenges? And where are the most promising opportunities?
Vitafoods Asia trade expo will open its doors for the first time in Hong Kong to an expectant region in coming days – a culmination of more than two years work by the organisers of the show that has its foundation in Europe.
Asia Pacific markets are ripe for functional foods development as a response to the increasing prevalence of western diets, says Katrina Diamonon, consumer analyst at market researcher, Datamonitor.
A new Nielsen study on shopper trends shows an increase in promotion-seeking as a result of inflationary concerns, providing opportunities for manufacturers to gain strong shopper and brand loyalty.
Malaysian halal food makers have a number of opportunities in China's food market, especially in the Muslim population provinces, a statement from the Malaysia External Trade Development Corporation (MATRADE) said.
Stevia supplier GLG Life Tech has slashed its revenue expectations for 2011 and has seen its share price slip to a year low, as it reported its second quarter results.
Archer Daniels Midland Company (ADM) has announced that it will expand its cocoa processing capabilities at its facility in Singapore to enable it to keep pace with growing demand for cocoa and chocolate products from Asian markets.
Demand for immune health ingredients in Asia is growing at an annual rate of 6.2 per cent, with revenues expected to reach US$1.46bn in 2016 from US$958.6m in 2009, a research report from consulting and research firm Frost & Sullivan predicted.
US chocolate giant Hershey reported net income of $130.12m for the second quarter, with net income for the period up o $129.56m from $117.05m in the same quarter in 2010.
Volumes were boosted by continuing growth in emerging markets for SABMiller, who remained tight-lipped on its Fosters bid in its first quarter results.
Food and beverage makers should be prepared to move away from the conventional marketing strategies when it comes to countries like India and China, a white paper from UK-based Healthy Marketing Team said.
There has been no let up in the soaring prices for guar gum, with little hope of a downward trend emerging in the coming months, warns a hydrocolloid expert.
China and India are expected to lead a 30 per cent increase in global liquid dairy consumption over the current decade, according to new research from Tetra Pak.
Malaysia's Department of Islamic Development has approved halal certification for the Islamic Foundation Bangladesh, a move that opens up the Malaysia market to halal food makers from Bangladesh.
Sri Lanka will now longer allow the import, transport, storage, packaging, distributing, and selling of food products in packaging that can cause health problems to the human body.
Ingredients giant Barry Callebaut has confirmed its positive midterm outlook after posting a 7.3 per cent rise in sales volumes over the first nine months of the fiscal year.
General Mills is throwing more and more resources behind an ‘intellectual outsourcing’ project that has significantly reduced its product fail rate. But gaining the trust of start-ups has not been easy, says Kamel Chida, associate director of its Worldwide...
New Zealand-based dairy giant Fonterra is now looking at expansion in India after a successful foray in China, including a recent bumper bond listing in Shanghai.
Asian food safety authorities are increasingly considering health logos for food and beverage products that meet certain nutritional criteria to help combat rising obesity rates in the region, international food policy consultancy EAS said.
Digital technologies are creating major opportunities for the food industry, according to a new report from PricewaterhouseCooper (PwC) and the Grocery Manufacturers Association (GMA).
Ingredient supplier, Beneo, has announced a 20 per cent hike in the price of its sweetener Isomalt, citing rising inflation rates and the need to secure a flexible supply chain.
Private equity firm Lazard Australia is in talks with potential strategic partners in Asia to sell a portion of its stake in Australian biscuit maker Unibic Pty Ltd, Unibic’s managing director Michael Quinn told Reuters last week.
Puratos is launching its bakery enhancers in the Middle East and in Asia in response to growing demand for “western type” cakes with a long shelf life, said the firm.
At Vitafoods Europe 2011, Jess Halliday caught up with event director Chris Lee to talk about the show’s ambitious expansion plans into Asia and South America.
Australian biotech firm Marinova has reported “exceptional” demand in the US and Asia for its fucoidans, bioactives from brown seaweed researchers believe could help to explain the health and longevity of the Japanese.
Eight of the top 12 soy drink consuming countries are Asian with Hong Kong residents consuming the most at 17 litres per year each, according to TetraPak data.
Immature rice grains may contain ‘a remarkable amount of bioactive compounds’, giving them great potential for applications in nutraceutical foods, according to new research.
Pakistan’s Sindh state is set to make the iodisation of salt compulsory in a bid to eliminate iodine deficiency disorders in the state, where over 50 per cent of the population is at risk.
Spice maker McCormick reported a 13 percent rise in its first quarter earnings, boosted by cost savings and strong domestic and Asian sales, the company said on Tuesday.
