The Australian food authority FSANZ has approved the natural sweetener steviol glycosides (stevia), as an ingredient in foods and beverages in Australia and New Zealand.
Bakery firms operating in the burgeoning Chinese market can tap into further local supplies of food emulsifiers, as Japanese ingredients firm Mitsubishi-Kagaku Foods confirms it will break ground on its first Chinese factory, scheduled to be online by...
The Indian National Bank for Rural and Agriculture Development (Nabard) is forming a farmers’ club to promote the cultivation of noni, according to reports.
After 20 years of doing business in China and the Asia Pacific,
Irish-based dairy and ingredients group Glanbia has established its
first plant in the Chinese city of Suzhou, near Shanghai.
NutraCea has announced plans to construct the largest rice bran oil
refinery in the world, a move that comes just months after the firm
entered the edible oil market.
Ingredients firm Natreon is set to expand its reach in the Asian
market after teaming up with Maypro, a US-based firm with a strong
presence in the Japanese and Asian markets for functional foods and
dietary supplements.
Ocean Spray is continuing to push into the Asia-Pacific
bakery market with a new partnership with Taiwan-based baker
ChiaTe, the company announced yesterday.
Ingredients company Danisco is responding to growing markets in
India with the opening of two new manufacturing units focusing on
functional systems and enzymes.
In response to rising demand in the chocolate industry and reduce
dependency on imports, Indian cocoa producers have said they will
increase domestic cocoa production by 60 per cent in the next four
years.
Only one year after moving into Taiwan, US bakery firm Dunkin'
Donuts plans to open 100 new shops in Shanghai and the surrounding
provinces over the next ten years, the company announced last week.
European restrictions on genetically modified (GM) crops have
driven BASF Plant Science to intensify biotech cooperation
activities in Asia Pacific with an agreement with China's National
Institute of Biological Sciences (NIBS).
Swiss-based Barry Callebaut today announced the completion of a
deal to acquire production facilities from Japanese company
Morinaga, only one day after the inauguration of the company's
manufacturing plant in China.
Institut Rosell-Lallemand has teamed up with Ranbaxy and Aristo
Pharmaceuticals to distribute supplements based on a probiotic
bacteria, which will see it become available in the massive Indian
market for Irritable Bowel Syndrome.
New Zealand farmers continue to step up milk production following a
bumper year for their exports, though the country's long-term
status as a low cost dairy producer could be under threat,
according to the US Department of Agriculture...
Coca-Cola Amatil (CCA), a major soft drinks producer in Australia
and Asia, has acquired the country's Bluetongue brewery brand to
extend its premium beer focus in a bid to further diversify its
revenue stream.
A trade agreement with China would benefit food and
beverage companies in both countries, New Zealand's deputy prime
minister Michael Cullen said yesterday.
Carlsberg will strengthen its position in Vietnam's burgeoning
economy with its new brewery built in association with a
domestic partner, the company announced this morning.
Australia must enter into a trade agreement with Korea or face
losing 12.5 per cent of its food and agricultural exports to the
US, a new report warns.
New Zealand's wine producers will be raising a glass to a
successful 2007 after posting record annual exports sales of
NZ$700m (€361m), a 36 per cent increase over last year.
As New Zealand's dairy industry continues to profit from increased
prices, politicians have hit out at the environmental impacts of
the resulting rise in production.
New Zealand today launched a major initiative to boost its food and
beverage exports, including NZ$19m earmarked for new market
development and a roadmap for innovations.
Energy drinks giant Red Bull may need to reconsider its expansion
plans for the Asia Pacific region if it is to capitalise on massive
potential in the area for energy drinks, says a new report by
Euromonitor.
Australia's food and beverage sectors dominate the
country's export market, but with global and regional trade
becoming increasingly competitive, their continued health is far
from certain.
A new survey of Asian business leaders has tipped China to rival
America as the world's largest consumer economy, as it continues to
witness dynamic growth in its food and industrial markets.
South Korea and the US have finally come to an agreement over free
trade talks just hours before a deadline to fast track the measures
was set to expire.
An Australian standards body working to establish a committee to
rule on organic certification for domestic and imported food
products has denied media reports suggesting that it has finalised
representatives for the group.
Chinese demand for food emulsifiers is expected to witness strong
growth over the next few years as food processors increase their
usage to meet growing demand in the country for low-fat foods,
according to new research.
South Korea's assistant agriculture trade minister is confident
that a proposed free trade agreement between the country and the US
will go ahead, despite further disagreements over agricultural
issues relating to the deal.
A possible move by the Chinese government to repeal tax incentives
for foreign investors could prove a massive setback to the
country's food industry, warns an expert on Asian affairs.
Dutch infant nutrition group Numico is to increase its stake in
Indonesian company Sari Husada to capitalise on major growth in the
country for nutrition and health products.
Nestlé's Asia pacific operations led record growth in its full year
2006 results published today, as the company continues to increase
its focus on the global health and well being food sector.
Coca-Cola's Australasian bottler may offload its operations in
Korea, as it reviews its operations in the country amidst declining
sales of its brands, due to consumer health concerns.
Asia Pacific Breweries posted a 7.3 per cent rise in organic growth
through its first quarter results, as it increases its presence in
the region to meet growing demand for its products.
Unilever, the world's second largest food company, is to increase
its focus on its Chinese operations to allow the country to meet
its potential as a market leader in the Asia Pacific food industry.
China has consolidated its position as one of the world's leading
tea producers as export demand continues to drive growth in the
sector, according to figures by China's chamber of commerce for the
import and export of foodstuffs...
China is one of five nations worldwide set to drive massive growth
of in the carbonated drinks market by 2011, according to a new
report by consumer analyst Euromonitor.
China, South America and Europe combined to offset disappointing
performances in North America and South Africa during brewer
SABMiller's third quarter.
Indonesia's food and beverage exports will grow by between 10 and
15 per cent this year, surpassing the US$2 billion in earnings
previously forecast for 2006, according to the Indonesian Food and
Beverage Producers Associations...
Globalisation is creating a challenging environment for Australia's
food industry but has also opened up new markets with strong
potential, finds a new report.
China's food industry has grown a further 23 per cent during the
first ten months of the year, helped by a buoyant economy and
supportive government policies.
Vietnam's first industrial park catering solely to food processors
is set to boost the country's position in value-added products for
export markets, says the project's founder.
VV Group, China's leading soymilk producer, has bought a stake in
an alcohol maker as it looks for more profitable business to
counter falling soymilk sales.
Chocolate giant Cadbury will spend NZ$20 million (€10.3m) to expand
production of chocolate crumb in New Zealand, allowing it to meet
forecast growth in demand from the Asia-Pacific region, it
announced yesterday.
