Swiss firm Nestle ranks second in terms of innovation targeted at Asia's emerging markets, claims a fresh 'business vitality' index from the Global Intelligence Alliance Group (GIA).
Food and beverage companies should look to Asia to bolster their business in times of economic crisis, while differentiating their products closer to home, according to a Frost and Sullivan analyst.
A supply and demand imbalance within the global milk ingredient market is expected to stabilise in the next few years on the back of strengthening demand in Asia, suggests a new report.
Barry Callebaut has sold its Van Houten Singapore consumer chocolate business to Hershey so it can concentrate on its manufacturer and gourmet customers targeting the Asian market.
DSM says the buoyancy of the European heart health ingredients market is being matched by some Asian countries where western-style diets and lifestyles are taking hold and bringing concomitant health problems.
Symrise today inaugurated a new pilot plant for flavour encapsulation at its Singapore facility, which the company says is one more step in its expansion in the region.
The US Grocery Manufacturers Association (GMA) has welcomed moves to improve food safety in Asia Pacific with the launch of the APEC Partnership Training Institute Network.
New Zealand-based dairy group Fonterra says that a branded milk powder marketed in Bangladesh has been cleared for sale in the country after impendent testing found the product free from the industrial chemical melamine.
Hong Kong officials say they have found dangerous levels of melamine in a brand of eggs imported from China prompting fears that the chemical has found its way into animal feed.
New Zealand dairy group Fonterra is facing criticism over lethal contaminated milk powder supplied through its Chinese joint venture, but says action was delayed as it had to go through the correct procedures in China.
New Zealand dairy and dairy ingredients giant, Fonterra, has launched its high-calcium dairy drink, Anlene Concentrate in Malaysia, after an encouraging year on the market in Thailand.
Bakery firms operating in the burgeoning Chinese market can tap into further local supplies of food emulsifiers, as Japanese ingredients firm Mitsubishi-Kagaku Foods confirms it will break ground on its first Chinese factory, scheduled to be online by...
Ingredients firm Natreon is set to expand its reach in the Asian
market after teaming up with Maypro, a US-based firm with a strong
presence in the Japanese and Asian markets for functional foods and
dietary supplements.
World rice production is set to reach record levels in 2008,
according to the UN Food & Agriculture organization (FAO) which
has quelled fears that sharp price hikes will continue
indefinitely.
The rapidly rising price of rice continues to cause concern at
government, industry and consumer level this week, as the
Philippines has sought to buy in supplies, Indonesia has
implemented a ban on overseas sales, and US rice futures...
French supplier Fytexia has launched three specialty ingredients on
the Chinese market in a bid to tap into the growing numbers
consuming food supplements in the world's fastest growing economy.
Ocean Spray is continuing to push into the Asia-Pacific
bakery market with a new partnership with Taiwan-based baker
ChiaTe, the company announced yesterday.
European restrictions on genetically modified (GM) crops have
driven BASF Plant Science to intensify biotech cooperation
activities in Asia Pacific with an agreement with China's National
Institute of Biological Sciences (NIBS).
A move to harmonise food supplement law across ASEAN countries
could become as complex as those being tackled in the EU, a
consultancy group has warned.
Energy drinks giant Red Bull may need to reconsider its expansion
plans for the Asia Pacific region if it is to capitalise on massive
potential in the area for energy drinks, says a new report by
Euromonitor.
Australia's food and beverage sectors dominate the
country's export market, but with global and regional trade
becoming increasingly competitive, their continued health is far
from certain.
Nestlé's Asia pacific operations led record growth in its full year
2006 results published today, as the company continues to increase
its focus on the global health and well being food sector.
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.
New Zealand dairy co-op Fonterra said today that it will set up a
best practice dairy farm in China to provide quality milk for
Shijiazhuang SanLu, the Chinese dairy in which it holds a 43 per
cent stake.
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.
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.
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.
New Zealand's meat promotion board launched an appellation for beef
sold in the important Korean market this week, in a bid to
differentiate its meat from its sizeable competitors, Australia and
the US.
