Beverages

There's no soy drought for Asia Pacific...

Soy foods surging at a 6.4% CAGR in Asia Pacific

By Kacey Culliney

Rapid development underpinned by large population bases in China, India, Indonesia and Korea is driving fast growth of soy foods in Asia Pacific, with an overall surge pegged at CAGR 6.4% for the region, according to a report.

Bans melt in Taiwanese plasticiser scandal

Bans melt in Taiwanese plasticiser scandal

By Ankush Chibber

Taiwanese food exports are finally free of all border controls in major target markets, with Malaysia being the latest to allow the former’s food products without plasticiser-free certification.

A lucrative business tie with China for Australian winery Ferngrove

Lucrative Chinese partnership for Australian winery

By Kacey Culliney

A strong Chinese investment in the Australian wine company Ferngrove has enabled it to expand its premium bottled wine business and successfully enter and market to China, according to the firm’s managing director.

Nestea fails to brew interest in India

Nestlé and Coke ice Indian tea JV

By Ankush Chibber

After being put on the backburner in October last year, it appears that the joint venture between Nestlé and Coca-Cola for the ready-to-drink (RTD) tea segment in India has been put permanently on ice.

New Zealand can hit government targets and triple its export market

New Zealand can triple exports over next 15 years: Report

By Kacey Culliney

New Zealand’s food and beverage sector does have the growth potential to reach government targets of tripling exports over the next 15 years, with opportunities in processed foods and beverages, according to report.

New Indonesian production facility to serve Southeast Asia: Firmenich

Swiss flavour house builds Southeast Asian presence

By Kacey Culliney

Swiss flavour and fragrance giant, Firmenich, will be able to better serve Southeast Asia’s market as it will be closer to clients and consumers with its new flavour production facility in Indonesia, according to the company.

Indian Tea industry set to boom, says study

Indian Tea industry set to boom, says study

By Ankush Chibber

The Indian tea industry – the world’s biggest – Is set to almost double in just three years – leaping from US$3.7bn to US$6.3bn by 2015 as health benefit awareness rises, according to the Associated Chambers of Commerce and Industry of India (ASSOCHAM).

India ponders sugar deregulation in 2012

India ponders sugar deregulation in 2012

By Ankush Chibber

The Indian Ministry of Food is in discussions with state governments and associated ministries to remove controls over the country’s sugar industry in the new year.

Coke sees fizz in Indian non-fizzy drinks market

Coke sees fizz in Indian non-fizzy drinks market

By Ankush Chibber

Coca-Cola India has set up a division to innovate, sell and distribute juices, energy and powder drinks in order to garner a higher share of the growing non-fizzy drinks market in India.

Alcohol-free sector holds opportunities in Japan

Growth opportunity in Japan’s alcohol-free beverage sector

By Kacey Culliney

Japan’s alcoholic beverage market is shrinking and sluggish according to a Datamonitor report, but analysts have noted opportunity in the growing alcohol-free sector due to consumer focus on drink driving laws.

Coca Cola's strawberry flavoured Minute Maid drink deemed safe

Coca Cola drinks deemed safe after fatal poisoning

By Jennifer Phang

Coca Cola China has declared its products safe following one death and three other serious incidences of poisoning connected to the consumption of its strawberry flavoured Minute Maid milk drink.

China's functional beverage market growing

Chinese functional beverage market growing by 29%

By Jennifer Phang

Impressive growth in the Chinese functional beverage market looks set to continue as some national experts predict China to become the largest functional beverage market in 2012.

PepsiCo brings back the veterans

PepsiCo brings back the veterans

By Ankush Chibber

Six years after it abandoned them, PepsiCo has announced the relaunch of its flavoured colas in the Mumbai market, with an inclination to expand the launch to the rest of India has well.

Blowfill investment sees CCA slash Australian PET use

Blowfill investment sees CCA slash Australian PET use

Coca-Cola Amatil (CCA) has opened two new blowfill lines costing AUS $35m at its Australian bottling facility in Adelaide, in a move that it said would significantly reduce its use of PET resin and energy.

Australian wine giants call for tax changes

Australian wine giants call for tax changes

By Kacey Culliney

Australia’s Premium Wine Brands and Treasury Wine Estates call on the government to reform the current value-based levies and abolish the wine equalisation tax (WET), as the country’s tax summit looms on the horizon.

Chinese jittery about beverage safety

Chinese jittery about beverage safety

By Ankush Chibber

A survey conducted by an online polling site in China has revealed that only one in five Chinese consumers trust the quality of bottled beverages.

Online shopping made smarter

Online shopping made smarter

By Kacey Culliney

Online shopping company yihaodian.com has launched a collection of virtual supermarkets for mobile users throughout Shanghai’s metro system, with researchers claiming the development could offer NPD potential for food and drink brand owners.

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