Arla Foods has no plans to acquire, merge or partner with any other Chinese dairy industry players under its recently-unveiled five-year strategy, a spokesperson for the Denmark-based co-operative has revealed.
With Muslim countries fast waking up to the potential halal exports hold, and nations scrambling to become hubs for the distribution of Islamically acceptable meat, Pakistan is lagging behind the pack but still has the potential to improve its standing.
NESTLE POISED FOR CONTINUED CHINESE COFFEE DOMINANCE: ANALYST
Nestlé’s ‘smart investment’ in Chinese whole bean coffee is likely to consolidate its market-leading position within the category there, as it stands poised to release a local product, according to a top beverage analyst.
India’s newfound position as the world’s leading rice exporter has not escaped the attention of China, which may look to its western neighbour for increasingly greater rice supplies over the coming years.
Wine Intelligence has warned wine exporters to China against 'seeing only dollar signs' in the world's fifth-largest wine market, and said it was important to understand Chinese consumers, not just parachute in western brands.
Chinese beer giant Tsingtao Brewery is set to further consolidate its leading market position in Shaanxi by significantly expanding capacity with two new breweries, while AB InBev is also rumoured to be keen on penetrating the central Chinese province.
US agriculture giant Cargill aims to invest Rs50 crore (over US$91m) towards food processing across its Indian operation over the next two years. This figure also includes a US$73m corn milling unit, the head of its India operation has revealed.
This week, New Zealand has become the first country in the world to sign an agreement with the US Food and Drug Administration (FDA). The pact recognises each other’s food safety systems as providing a comparable degree of food-safety assurance.
New Zealand’s Ministry for Primary Industry has revealed that the country’s food industry is feeling the pinch as a result of the adverse global economic situation, even though favourable climatic conditions have been a boon to production.