As a trade war between Washington and Beijing gathers steam, some of the best known foreign food and beverage brands have been finding themselves on the back foot in their own battles in China.
China’s ever-growing middle class is changing the country’s food sector with an increasing penchant for snacking — but analysts say the snack bar category in particular needs some spicing up.
The China dairy market has been growing rapidly across categories in the past two years, with the market buoyed by changing consumer tastes and extensive new product development.
‘New retail’ — where online and offline strategies converge — may be the sector’s hottest topic after it was coined by Alibaba founder Jack Ma last year, but what is the thought behind the buzz word?
The Yulin Dog Festival, the highly polarising annual celebration of dog meat in southern China, took place as usual last month, albeit to even greater protests from critics and mounting disapproval from locals.
Ingredients firm AAK has been rapidly growing its footprint in Asia-Pacific across a number of categories, backed by plans for a new plant in the Philippines and a customer innovation centre in Japan.
Coca-Cola CEO James Quincey has revealed the firm’s Asia strategy now hinges on being “within a click’s reach of desire” due to the region’s soaring mobile and digital use.
Beverly Hills luxury confectionery manufacturer and retail brand Sugarfina will open its first store in Asia this July and already has further expansion plans for other Asian markets.
Coca-Cola and bottling partner Swire Group have opened a new production plant in Yunnan, China, adding another piece to the puzzle in the beverage giant’s China growth strategy.
Alibaba says it has already completed transforming a quarter of RT-Mart’s 400 China stores, equipping them with ‘new retail’ technology designed to bridge the gap between e-commerce and traditional bricks-and-mortar operations.
US functional coffee and matcha tea firm NuZee has established a new, wholly-owned subsidiary and broken ground on a new manufacturing plant in Korea as it seeks to boost its trade in Asia.
