Alpen bars targeting busy professionals are the first Weetabix products to be formulated specifically for the Chinese market, following the UK company’s majority buy-out by Chinese conglomerate Bright Foods in 2012.
Coke’s largest Indian bottler has blamed officialdom for the 'inordinate delay' it said led it to abandon a newly built $25m bottling line in Uttar Pradesh, but insists it will pursue plans to inaugurate the line elsewhere in the state.
Edible oils major AAK will make a significant investment in China for a speciality and semi-speciality edible oils factory in Zhangjiagang, Jiangsu province.
Ingredients manufacturer Tate & Lyle has opened a polydextrose dietary fibre manufacturing facility in Nantong after having been granted regulatory approval for its acquisition of Winway Biotechnology Nantong.
Dairy giant Arla's ingredients business is building a new whey processing facility for €38m to meet rising demand for the dairy fraction in infant, sports and clinical nutrition.
Pernod Ricard says a slump in China, and unfavourable foreign exchange effect, is responsible for an overall 7% fall in sales, as it released its full year 2013/14 results today.
PepsiCo chairman Indra Nooyi has pledged to double the company’s investment in its Indian food processing operation to add to the sizeable sums it has already spent in the country.
China’s health food and supplements niches need filling, even if the current regulatory environment continues to put off some key international players.
Troubled Australian wine group and takeover target Treasury Wine Estates wants to accelerate its high-value US business and is exploring possible acquisitions or takeovers there.
Monster Energy CEO Rodney Sacks insists the brand will be well-placed to crack the Chinese market using the distribution might of new shareholder The Coca-Cola Company.
Yet another international firm has bid farewell to the Indian food service market after Lavazza sold its Barista Coffee Co., India’s oldest coffee chain, to local company Carnation Hospitality.
Australia must give priority to inking more Free Trade Agreements (FTAs) if it has to secure its agribusiness future, according to a new report by global agribusiness specialist Rabobank.
Though the terms of Australia’s approach to its “Asian Century” policy might need some finessing, there is no doubt China still holds massive potential—as long as businesses learn how to network the local way.
For years a laggard in the dairy stakes, China is now seeing massive growth in its yoghurt drinks market largely because of significant investment and new demand for healthier drinks on the go.
China will become the world’s second most valuable bakery and cereals market by 2018, and understanding lifestyles will be key to capitalizing on this growth, says Canadean.
The Chinese bakery and cereals market, which is already the world’s largest in volume, is set to become the second most valuable by 2018 as more urban dwellers consume pick-me-up snacks on-the-go.
Indonesia’s poultry sector is fast transforming from a backyard industry to professionally managed and integrated production, according to figures released by Rabobank.
Penfolds producer Treasury Wine Estates has welcomed a $3.15bn takeover proposal from private equity firms Rhone Capital and KKR and will let them to conduct due diligence on its books.
Business confidence is strong within Australia’s complementary healthcare segment with more than eight out of 10 companies expecting to see their businesses grow over the next three years.
Anheuser-Busch InBev (ABI) today took back distribution control of Corona Extra from Carlsberg in China as CEO Carlos Brita insists the brand will extend its ‘super premium’ position in the country.
A major stake in New Britain Palm Oil, which supplies UK manufacturers, is being targeted by Malaysian conglomerate Sime Darby, part of the consortium that acquired Battersea Power Station.
'A MIXED YEAR AND A TOUGHER ONE THAN WE ANTICIPATED AT THE START': CFO DEIRDRE MAHLAN
Diageo said today that foreign exchange movements ‘severely impacted’ its 2014 top line while Chinese anti-extravagance measures also hit hard – our slideshow dissects the Johnnie Walker distiller's performance.
Grain growers in the state of Victoria will benefit from a new five year agreement that will increase research and development in their industry, according to the Australian agriculture minister.
New Zealand’s Ministry for Primary Industries has released manuka honey labelling interim guidelines to clarify what claims can be made and what constitutes the widely counterfeited and vaguely regulated variety of honey.
With Diageo set to report its full-year 2014 results tomorrow, let’s look at what we might expect – with analysts predicting a share loss in US spirits and continued concerns in Asia-Pacific.
The remarkable rise in popularity of craft beer in Australia might be driving mainstream brewery executives to the bottle, but for Glenn Cary, chief executive of the independent Balmain Brewing Company, it is only the beginning.
Although still young and relatively small, India’s heat-and-eat food industry is in the midst of tremendous growth that will see its size nearly treble by 2019, according to new research.
Consumer demand from East and Southeast Asia for high value foods and beverages is driving export growth and diversification for New Zealand’s food and beverage industry, a new government report has revealed.
“The IEA does not accept state money, and all of our research is independent of corporate funding.”
The Institute of Economic Affairs (IEA) has said categorically it does not accept state money, following accusations by a Malaysian media outlet that the UK think tank is in bed with the Malaysian Palm Oil Council and the country’s government.
Sri Lanka will soon "set the pace" for neighboring India in terms of milk quality and yield per cow, Australia's largest livestock exporter, Wellard Rural Exports, has claimed.
Now double the size of its American counterpart, China's beer market is an exciting place to be for international brewers in spite of protectionist controls put in place by its authorities.
Universal Robina Corporation (URC) has snapped up New Zealand snack giant Griffin’s Foods for NZ$700m ($606.6m) in a move it says should bolster its presence in the Asian snack sector.
Abbott Laboratories' CEO believes the company has “recovered about as well" as it could have in the year since the Fonterra WPC botulism scare that led it to recall infant formula in China, Vietnam, and Saudi Arabia.
In a move to channel more investment into its growing Chinese market, food major General Mills has opened its first major technical centre outside of its Minneapolis headquarters.
Australia’s opposition party has called for Cadbury’s A$16m government funding to upgrade its Claremont plant to be redirected to West Coast development projects.
The recent signing of a trade agreement between Japan and Australia will give wine exports to the Far East a “step-up”, according to the Winemakers’ Federation of Australia (WFA).
Isn’t the answer obvious? The Chinese, with their thirst for fine French wines, New World reds and keenness to plant vineyards over the past five years, easily outstrip the economically stressed, beer-loving Japanese.
With a simple press release issued this week, Carrefour brought to a close its Indian experience by announcing the closure of its trade stores in the country.
A coalition of Asian investors is ploughing US$106m (€77.7m) in to Huaxia Dairy Farm to fund an expansion of the Chinese company's farming and processing operations.
Iconic Australian food maker Goodman Fielder has finally agreed to an A$1.34bn (US$1.26bn) offer by Wilmar International and First Pacific Company to acquire the company after the last two bids were turned down.
Astaxanthin has been a red-hot ingredient in the United States for several years and demand is ramping up worldwide. To meet that demand in the Japanese market, Heliae, an algae technology company based in Gilbert, AZ, is teaming up with Sincere Corporation...
Shengmu Organic, China's largest organic dairy player, is seeking to raise up to HK$1.3bn (US$169m, €124m) through an initial public offering (IPO) of shares in Hong Kong.
Cider’s dramatic rise in popularity among Australian consumers appears to have come at the expense of pre-mixed spirits, according to new market research figures.
