There is huge potential in sliced bread and rolls in Australia as consumers look for cheap and easy lunch options in the wake of a turbulent economy, an analyst says.
Officials in Indonesia have warned that several industries in the country, including the beverage industry, could be damaged if the proposed minimum wage increase is not delayed.
According to a dispatch to parliament, in just under three years since foreign direct investment (FDI) was opened up for the food processing industry, investors have pumped almost Rs6,200 crore (US$1.15bn) into the segment.
Eager to move forward with supplying the fast-growing Asian market, food technology major FMC has broken ground on its major new microcrystalline cellulose (MCC) manufacturing facility in Rayong, Thailand, through which FMC expects to increase its global...
Warrnambool Cheese and Butter Factory (WCB) and Kraft Foods Australia have announced the start of a long-term partnership under which Kraft will produce specially formulated cream cheese under WCB's Sungold brand.
US FIRM ACCUSES CHINESE ARMY OF GLOBAL IP CYBER ATTACKS
Chinese authorities have accused Coca-Cola China of illegally mapping parts of Yunnan Province, while a high-profile US cyber-security company alleges that the People’s Liberation Army (PLA) is behind at least 115 cyberattacks on US firms, and three foreign...
Beam Inc. insists to BeverageDaily.com that Teacher’s remains the bestselling Scotch Whiskey brand in India, despite press reports suggesting it has lost that position to Pernod Ricard’s 100 Pipers in the wake of Beam’s ongoing probe into potential local...
China’s poultry producers have long lived in the shadow of the pork industry, which remains the meat of choice throughout the nation. But now it seems that poultry is finally starting to develop in its own right.
The owner of a Washington State winery says that Chinese wine consumers in the ‘middle ground’ are hungry for affordable US wines that assure them a quality that native products often lack.
Carlsberg says it is taking an ‘important step forward’ in China with a $466m offer for a controlling stake in Chongqing Brewery Company (CBC), in a move to double the number of native breweries it directly controls.
INDUSTRY VOICES: GUEST ARTICLE, HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG
After a quiet beginning to 2013, M&A activity is heating up in China’s beer market, as Carlsberg said on Monday it was considering upping its stake in Chongqing Brewery, intensifying the fight among global brewers for production assets there.
Just got off the phone to Ola Snove, the new(ish) CEO of Aker part-owned Norwegian omega-3 specialist Epax. Wanted to know his view on high-end omega-3 prospects that have attracted BASF and DSM to the sector. His word: “Stellar”.
Heineken said today it is reviewing its non-core European businesses that don’t focus fully on beer, and asking whether its ownership of such assets makes strategic sense.
Diageo is in an arguably stronger market position than multinational peer SAB Miller due to its core exposure to spirits rather than beer, according to one City analyst who covers the firm.
While New Zealand fights to stem the fallout from the damaging Fonterra DCD crisis, a new report by Rabobank has revealed that the country’s strong trade links to countries with importing markets will be central to the performance of its agricultural...
Revamped, more complete product lines that are connecting with new customers are driving growth in the sports nutrition market, according to a new report.
All of India’s state agriculture ministers are currently gathering in Delhi to discuss ways to speed up growth of the food production and processing sector. The meeting will be led by Sharad Pawar, the union agriculture and food processing minister.
Clinching global culture club membership by swigging Pepsi or Coke is not enough for soft drinks consumers in emerging markets, who are increasingly swayed by regional tastes, according to Euromonitor International.
Carlsberg today formed a JV with a Burmese brewer to produce and market its brand portfolio, and told BeverageDaily.com the nation offered 'huge growth potential' in an under-penetrated beer category.
The potential upsides in Diageo’s potential acquisition of a majority stake in India's United Spirits (USL) are clear but achieving acceptable profitability from the business may be tricky, according to one analyst.
The Coca-Cola Company and PepsiCo are looking to shift bottling assets onto strong franchise partners in order to refocus in house efforts on brand building and marketing.
Recognising the newfound importance of the Chinese wine market, New Zealand’s vintners are pulling out the stops to make sure their exports have a place in Far East cellars.
SAB Miller is blaming ‘exceptionally cold and wet winter weather’ for a third quarter volume decline in China, which meant lager volumes declined in its Asia Pacific business by 1% overall.
In this exclusive gallery, BeverageDaily.com explores the Top 5 Chinese alcohol brands by value, which sees the nation’s movers ‘n’ shakers reaching out to the world with baijiu, beer and wine.
Faced with rapid growth which it is struggling to meet, McCain Foods’ Indian subsidiary has announced plans to invest a further US$69m to introduce a third manufacturing line at its potato processing plant in Mehsana.
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.
Packaging firm Manjushree Technopack aims to double sales by 2015, driven by the growth of the middle class in India, and is poised to start construction on a fourth factory.
INDUSTRY VOICES: HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG
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.
As the Chinese government boosts agriculture productivity in its drive to ensure national food security, a new report has suggested that government subsidies will continue to grow.
Two of India's biggest food companies are preparing to extend their battle into the lucrative, albeit relatively new, breakfast oats category this year.
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.
The Philippines government has urged Filipino exporters to look for opportunities in India as a means to mitigate the current downturn in key markets like the United States and Europe.
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.
Coca-Cola FEMSA has sealed a deal to acquire a majority stake in the Coca-Cola Company’s Philippines bottling operation in Mexico City, and hailed an import milestone in its history.
With rumors swirling that Japanese giant Suntory is considering a $6bn IPO next year, one analyst reasons that any desire to enter the UK market could see it target Barr Britvic Soft Drinks.
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.
Multinational Suntory Holdings plans to sell shares in its non-alcoholic drinks business to fund a mergers and acquisitions (M&A) drive, according to unnamed sources cited by Bloomberg.
Coca-Cola Amatil (CCA) has signed a deal to distribute Swedish cider Rekorderlig in Australia from January 2014, and said its sales and distribution strength would help consolidate the brand’s market-leading position.
India’s confectionery market has a ‘bright future’ and will be bolstered by a growing gifting culture and increasing rural consumption, a report suggests.
India’s seed industry is predicted to be worth Rs10,700 crore by 2015, according to a study by the Association of Chambers of Commerce and Industry (Assocham), corresponding to a 50% increase on the current value.
INDUSTRY VOICES: HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG
For Chinese beer market followers, one of the most interesting developments over the last fortnight was Danish brewer Carlsberg’s announced strategy shift and expressed desire to acquire one of the nation's top three domestic brewers.
The chief executive of Danish chocolate and extruded whipping cake emulsifiers major Palsgaard has outlined the reasons behind the company's recent significant investment in the Asia-Pacific region.
Kit Lai, director of Tetra Pak’s Soya- and Coconut Knowledge Centers, discusses the global growth of coconut water and soya milks as categories, and the firm's latest formulation and processing innovations.
Vietnam is expected to export 7.7m tonnes of rice in 2012, setting a 20-year record high due to increased export orders in the last months in 2012, according to the Vietnam Food Association (VFA).
