French flavour manufacturer, Aromatech, has formed a joint venture with a large Chinese flavour and fragrance company in a bid to better access China’s domestic food and beverages sector.
The Chinese green snacks market will triple in value from 1.2 billion yuan (US$190 million) in 2010 to 3.6bn Chinese yuan (US$570 million) by 2014, according to research from the University of Science & Technology in Beijing.
Kweichou Moutai, the leader in rice wine in China has disclosed plans to invest 437 million yuan ($US69m) in 2012, to produce an additional 2800 tonnes of wine.
The western state of Gujarat has passed one of the most stringent laws in India against illicit liquor, as the death toll from consumption of the toxic ‘hooch’ in the eastern state of West Bengal reaches 170.
Taiwanese marine specialist, Sea Party Technology, is adding to a MYR2bn investment ($600m), in Malaysia to breed fish and prawns for the halal community – with government backing.
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.
India-based ADF Foods is investing heavily in extending production capacity as it looks to expand aggressively in the domestic as well as international markets on the back of growing demand for ready-to-eat foods.
After banking on the cola as the main driver of its growth in India for two decades, PepsiCo is changing focus to push more healthy foods in the market, chief amongst which is Quaker oats, its breakfast cereal product.
Foreign firms are the biggest players in a rapidly growing chocolate confectionery market in China – but a fragmented market means there are opportunities for smaller companies, according to a new report from Datamonitor.
Drinks manufacturers need to be strategic to succeed in the struggling Japanese market, paying attention to the trend for gourmet and healthier beverages and the younger generation’s preferences, according to an industry report.
A Norwegian research project is underway to identify flavours from marine bioprospecting that could be used as a source for seafood flavouring in the Chinese noodle market.
A fast changing Indian market, which is being boosted by rising income levels, has opened up the ready-to-eat, frozen foods segment in the country for players like McCain Foods India.
Innovative new products, a strong focus on health and wellness, and regional dairy tastes were all on the agenda at FI India in Mumbai this week - and FoodNavigator-Asia's journalists were there, taking stock of what the latest trends mean for the...
Indian awareness of lactose intolerance is growing rapidly, leading consumers to seek reduced reduced lactose and lactose-free products without compromising on taste, according to a Novozymes South Asia executive.
Intra-regional finesse is a necessity not a luxury when it comes to doing business in the many markets of the Asia-Pacific, as leading suppliers Chr Hansen and Danisco relayed at the recent Vitafoods Asia trade show in Hong Kong.
