Industry growth

‘Happiest agriculture minister in the world’ announces bumper crop

‘Happiest agriculture minister in the world’ announces bumper crop

By RJ Whitehead

India is expecting to post its highest ever level of foodgrain production this year, according to the country’s agriculture minister, who is hopeful that a bumper yield will cool down the fast-rising food prices that have been a feature of the last six...

Australia's confectionery market fails to keep pace with economy, according to research

Oz economy outpaces confectionery growth

By Annie-Rose Harrison-Dunn

The Australian confectionery market is growing slower than the country’s economy, according to a report from Market Line.

Asia to consume over two-thirds of the world's fish by 2030

Asia to consume over two-thirds of the world's fish by 2030

By RJ Whitehead

By 2030, Asian countries will account for 70% of global fish consumption, according to a new forecast by the World Bank, which also predicts that fish farms will provide nearly two-thirds of the world's fish supply.

New Chinese stevia source enters North American market

New Chinese stevia source enters North American market

By Hank Schultz

A new player has entered the North American stevia picture with the announcement that Chenguang Biotech has named ingredient supplier GWI as its exclusive distributor in the North American market.

NZX granted US dairy derivatives trading approval

NZX granted US dairy derivatives trading approval

By Mark ASTLEY

The New Zealand Stock Exchange (NZX) has taken "another vital step" towards becoming a global player in the dairy industry by securing status as an authorised dairy trader in the US.

O-I expansion

US bottle maker ramps up Indonesia investment

Owens-Illinois, the world's largest glass container manufacturer, will increase investment in its Jakarta plant, having already increased its production line speed and capacity to support Southeast Asian growth.

Labelling a priority for AFBA

AFBA calls for food label changes

By Rachel Arthur

The ASEAN Food and Beverage Alliance (AFBA) is calling for the same food labelling across all of south east Asia because it is critical to help the industry expand. 

Bega’s share shed paves the way for Saputo takeover of Warrnambool

Bega’s share shed paves the way for Saputo takeover of Warrnambool

By RJ Whitehead

The announcement today by Australia’s Bega Cheese to sell its stock in Warrnambool leaves the way clear for Lion to follow suit, while Canadian dairy company Saputo should now be free to take over the New South Wales cheese and butter business.

Weight Watchers to launch cake mixes and soups in India

Weight Watchers to launch cake mixes and soups in India

By Ankush Chibber

India’s rapidly growing obesity numbers have finally attracted the Weight Watchers brand of food products, which will be launched in India soon, an official with company’s Indian partner confirmed. 

Nestlé’s Asia chief admits errors in India

Nestlé’s Asia chief admits errors in India

By RJ Whitehead

The head of Nestlé’s business in Asia has admitted the company has made mistakes in the way it has approached the India market by ignoring consumers in the country’s massive middle-class over the last decade.

Japanese iced coffee drinks on the rise.

Adoption of western style products in ready-to-drink market

Oystar sees surge for iced coffee drinks in Japan

By Jenny Eagle

Oystar, which supplies packaging machinery to companies including Danone, Nestlé and Müller, has seen a surge in iced coffee drinks in Japan.

Aussies find way to improve sugar yields through new bacterium

Aussies find way to improve sugar yields through new bacterium

By RJ Whitehead

University of Queensland scientists, in collaboration with the Australian sugar industry, have discovered a new species of bacterium that could potentially reduce the need for nitrogen fertiliser in cane farming while also improving yields of the crop.

Paterson revealed the news on his trade mission

China-based expert to support pork exports

By Rick Pendrous

Environment secretary Owen Paterson is expected to announce the appointment of a full-time agricultural expert in Beijing early in the New Year to assist with growing UK food exports to China.

Goodman Fielder sells biscuit business to Green’s Foods

Goodman Fielder sells biscuit business to Green’s Foods

By Ankush Chibber

Australian food major Goodman Fielder has announced that it has sold its biscuits business to Green’s Food Holdings, a move in line with its strategy over the last two years to streamline its product portfolio.

BRIC markets dominate health and wellness dairy

BRIC healthy dairy boom blooms; Europe down but not doomed

By Shane STARLING

Brazil, Russia, India, China – as well as Mexico – are the fastest growing markets for functional dairy products, according to a Euromonitor International presentation given last week at the Healthy and Functional Dairy event.

Future Group gains Sunkist, kisses goodbye to Capital Foods

Future Group gains Sunkist, kisses goodbye to Capital Foods

By RJ Whitehead

Future Consumer Enterprise, the FMCG division of Kishore Biyani’s Future Group, has been busy this week, announcing it will launch Sunkist in India, and divesting itself of Capital Foods, a major private-label brand.

Tingyi looking to continue acquisitions spree

Tingyi looking to continue acquisitions spree

By RJ Whitehead

Having already formed alliances with PepsiCo, Asahi Group and others over the last three years, China’s Tingyi is looking to further boost its portfolio, according to its chief financial officer.

Helen and Lisa Tse: proud of their £6M achievement in selling Chinese sauces to China

Dragons' Den firm sells Chinese sauce to China

By Michael Stones

Dragons’ Den winners Helen and Lisa Tse – the driving force behind Chinese sauce manufacturer and Manchester restaurant Sweet Mandarin – have thanked Prime Minister David Cameron, after he helped them win an export deal with China worth £6M over the next...

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