Nestle Australia is set to launch its new cane sugar-free Milo 30% Less Added Sugar next month after over two years of development – but consumers will getting less beverage for their buck due to higher production costs.
Malaysia plans to develop a whole new category of tourism based solely on durians, banking on the rising appeal of the ‘king of fruits’ to foreigners, which has seen exports soar and a raft of NPD featuring durian ingredients.
Nestlé China is harbouring two highly ambitious goals – it wants to cut down the speed to market of new products and brands from 18-24 months to six to eight months and aims to launch 170 new products for this year.
New Zealand peanut butter firm Fix & Fogg has hedged its bets on high quality, healthier nuts and creative, New Zealand-themed product variations in an attempt to expand further in the Asia Pacific region.
Malaysia has signed an agreement with China to resume the much-debated East Coast Rail Link (ECRL) project, which will include increased palm oil exports to the latter, said Malaysian Prime Minister Tun Dr Mahathir Mohamad.
UK firm OptiBiotix is looking to increase its APAC presence, with Food Standards and Safety Authority of India (FSSAI) approval the latest development in its expansion plans withits weight management product, SlimBiome.
A major component of Coca-Cola India’s growth strategy in the near future includes the roll-out of a full range of ethnic drinks in the country, utilising local ingredients such as cumin, buttermilk and various local fruits.
The Tlabs chain of laboratories has recently obtained official accreditation by the Food Safety and Standards Authority of India (FSSAI), and has been tasked with monitoring tea quality in the country according to FSSAI parameters.