PepsiCo opens its first green plant in China
Beverage and food giant PepsiCo has pledged to invest $1bn in China and has opened its first eco-friendly plant in the western city of Chongqing.
Niutang nears launch for new stevia sweetener
Dispatches from IFT
Niutang is preparing to introduce its Reb A sweetener from stevia next year and is starting discussions with existing customers and new ones that have a parallel product development timeline.
Ocean Spray shores up cranberry team in Japan
Ocean Spray has a new strategic partnership to identify new opportunities and stimulate growth for cranberries in the high potential Japanese market.
Niutang plans to increase sucralose capacity
Niutang Chemical has announced plans to expand its sucralose production capacity from 300 tonnes to 500 tonnes within three years.
Ohly opens Shanghai application centre, sales office
Ohly is opening a new food application centre and sales office in Shanghai, as the its new yeast extract plant in Harbin nears opening.
Stevia’s expense compared to other sweeteners is a major market limitation, according to a new paper on the stevia market, although industry players say they are working to bring its price down.
Asian melamine fears hits global dairy drink growth - report
The impact of last year’s contamination of certain Chinese dairy products with the industrial chemical melamine continues to be felt across the industry with new research suggesting global interest in milk-based drinks has slowed.
Scotch makers eye Korean talks for Asian ambitions boost
Scotch whisky makers see trade talks taking place next month between Korea and the EU as another major step in its continued attempts to develop further into Asia’s spirit markets.
Budweiser brewer pledges Chinese commitment despite sale
Amidst ongoing restructuring of its global operations, Anheuser-Busch InBev says it has agreed to sell off its holding in Tsingtao Brewery, though remains committed to the wider Chinese beer market.
Growth for Chinese food and drink sectors post scandal
China’s food and beverage industries are poised for big growth in domestic and overseas markets, according to a new report from Research and Markets.
China gives hard-earned thumbs up to Benecol
Finnish group Raisio has won a hard-to-come-by approval for its Benecol cholesterol lowering plant stanol ester ingredients in China, as it continues its push to develop new markets.
India to boost noni cultivation
The Indian National Bank for Rural and Agriculture Development (Nabard) is forming a farmers’ club to promote the cultivation of noni, according to reports.
Coca-Cola makes Aussie beer buy for profit push
Coca-Cola Amatil (CCA), a major soft drinks producer in Australia
and Asia, has acquired the country's Bluetongue brewery brand to
extend its premium beer focus in a bid to further diversify its
Spirits group calls for Chinese counterfeit crackdown
A quarter of all spirits brands claiming to be of European origin
now sold in China are counterfeit, according to an EU liquor
Carlsberg builds new brewery in Vietnam
Carlsberg will strengthen its position in Vietnam's burgeoning
economy with its new brewery built in association with a
domestic partner, the company announced this morning.
Red Bull's Asian expansion plan questioned
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
Flat Korean market could prompt Coca-Cola sale
Coca-Cola's Australasian bottler may offload its operations in
Korea, as it reviews its operations in the country amidst declining
sales of its brands, due to consumer health concerns.
Strong results support Asia Pacific Breweries expansion
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.
Chinese tea exports brew record year in 2006
China has consolidated its position as one of the world's leading
tea producers as export demand continues to drive growth in the
sector, according to figures by China's chamber of commerce for the
import and export of foodstuffs...
China helps drive carbonated beverage growth
China is one of five nations worldwide set to drive massive growth
of in the carbonated drinks market by 2011, according to a new
report by consumer analyst Euromonitor.
Australia welcomes wine label reforms
New labelling requirements for exporting wines could save
Australian producers as much as €14m, according to a government
China powers SAB beer growth
China, South America and Europe combined to offset disappointing
performances in North America and South Africa during brewer
SABMiller's third quarter.
Chinese beverage makers drop the sugar
Sugar-free, or low-sugar beverages, are expected to be the fastest
growingproducts in China's drinks sector this year.
Starbucks China cutting out trans fats
The US coffee chain Starbucks says it is working on cutting trans
fats from itsmenus in China, according to reports.
Asian Citrus eyes new taste for juice in China
Asian Citrus, China's largest orange plantation owner, is readying
to launch high-value, freshly squeezed orange juice for wealthier
Chinese consumers happy to spend more on convenient food products.
China's VV Group seeks higher profits as soymilk sales fall
VV Group, China's leading soymilk producer, has bought a stake in
an alcohol maker as it looks for more profitable business to
counter falling soymilk sales.
Coca-Cola launches brewed beverages in Singapore
Coca-Cola is entering the hot beverage market in Singapore, where
it says the opportunities are double those of its traditional fizzy
Coffee culture thriving in Hong Kong
Coffee culture is thriving in Hong Kong with close to one third of
residents now purchasing ready-to-drink coffee outside of the home,
according to a new survey.
Asia's rising wealth boosts alcohol makers
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.
China laps up healthy drinks
Beverages with a healthy twist are booming within the Chinese
beverage market according to a report from global beverage research
FSANZ reviews enzymes in food processing
Food Standards Australia New Zealand (FSANZ) has called for comment
on proposed changes in the food code.
China to start making ice wine
China's biggest wine producer Changyu has set up an alliance with
Canadian ice wine maker Aolos to build what is expected to be the
largest ice wine estate in the world.
China to set standards for tea drinks
China's food authority is working on new standards to lift the
quality of ready-to-drink tea beverages, a booming segment of the
Fizzy drink makers fail to meet Chinese standards
Several small producers of carbonated drinks in China do not meet
the quality standards set by the country's food authorities,
according to a recent survey.
Frost damages Australian citrus harvest
Australia's citrus growers have lowered export forecasts in the
wake of one of the worst frosts to hit the country.
Fraser & Neave targets Middle East to offset weak domestic demand
Malaysia's largest soft drinks maker Fraser & Neave Holdings
says it will treble its exports sales in the next two years by
entering the Middle East's condensed milk market.
Asia Pacific Breweries moves into India
Asia Pacific Breweries is making headway in its aim to become the
region's leading brewer, with its first acquisition in the world's
second most populous nation, India.
Pepsico opens R&D centre in China
US soft drinks giant Pepsi opened its first research and
development centre outside the US in Shanghai yesterday, signaling
its commitment to the fast-growing Chinese market.
Uni-President seeking partners to grow in China
Uni-President, Taiwan's biggest food group, is looking for private
equity to allow it to expand further in the Chinese beverage
sector, according to a report.
Hite plans big bottled water launch in South Korea
South Korean brewer Hite announced Friday it work with Jinro, the
country's leading distiller, to create the leading bottled water
brand on the national market.
PepsiCo plans to up China investment
PepsiCo has announced it will invest another $850m in China over
the next three years in recognition of the country as a rapidly
emerging market for soft drinks and snack foods.
Koreans buying less Coke and other soft drinks
Beverage sales in South Korea were down 6 per cent during 2005, as
consumers drank less juice, coffee and Coca-Cola.
Lion Nathan challenges Coopers' statements
Australian brewer Lion Nathan has responded to last week's
objections by Coopers, the subject of a hostile takeover by the
firm, with similar claims of foul play.
Foster's sale highlights wine consolidation trend
Foster's has taken a streamlined approach to 'brand Australia' on
the world wine market, announcing two wineries will be sold off as
the firm tries to realise cost-savings from its Southcorp buyout.
Heineken expands in China
Heineken last week announced its decision to acquire a 40 per cent
stake in the Chinese brewery Jiangsu DaFuHao, after intimating in
its February results that it would continue to look for investment
Suntory acquires Shanghai Eastern Sea Beer
The Shanghai Jinshan District Government has confirmed that Suntory
Investment, a Chinese investment company, has acquired 74 per cent
equity of Shanghai Eastern Sea Beer, a leading brewery company
located in Zhangyan County of the...
Jinro auction to go ahead by year end
Jinro, South Korea's largest spirit producer, has confirmed that it
will invite bids by the end of this month, a move that aims to
raise $2 billion (€1.5 bn) and allow the bankrupt company to pay
off its creditors. Simon Pitman...
San Miguel considers stake in Del Monte Pacific
Southeast Asia's largest food and beverage firm San Miguel is
considering a bid for 40 per cent of Philippines' Del Monte
Pacific, currently held by insolvent Italian food group Cirio.
China wakes up to instant coffee
With coffee sales in China growing by 90 per cent in the five years
up to 2003, international companies are queuing up to carve up
their slice of a market. Although tea is still the mainstay, the
rapid switch to all things western...
Carlsberg invests in North West China
Danish brewer Carlsberg has acquired a 34.5 per cent stake in Wusu
Brewery, located in the Xinjiang Autonomus region. The move
represents Carlsberg's ambitions to increase its presence in the
less developed Western provinces.