Royal Friesland Campina is poised to complete the takeover of Filipino firm Alaska Milk Corporation (AMC) for total sum of around €350m, in a move it said gave it access to 100m consumers in a ‘high growth’ market and the opportunity to 'valorise...
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.
Sales of probiotic drinking yoghurts like Yakult and Danone Actimel are flatlining or dropping in most western European markets, and even in Japan where the concept was born, but BRIC markets are surging, and spoonables are shining brighter.
Asia Pacific will see a 9% CAGR in its emulsifier market until 2017, fuelled by China, driven by a sustained demand for natural emulsifiers and low-fat foods in a burgeoning processed foods segment, according to a report.
Two US companies have joined the board of the US-China Health Products Association (USCHPA) pushing its total membership up to 13, adding industry knowledge and voice to the voting sector of the association.
Global consultancy firm Intertek Cantox International has expanded its food regulatory services in Asia with a new office in Beijing dedicated to assisting food ingredient manufacturers conform to regulatory requirements and enter the Chinese marketplace.
India-based botanical extract specialists, Olive Lifesciences, has invested US$434,000 in a new research and development facility near Bangalore to drive new product development (NPD) and product assessment for the nutraceutical and food markets.